Segment Reporting

6 Months Ended

Jun. 30, 2015

Segment Reporting [Abstract]

Segment Reporting

3. Segment Reporting

The following tables include results for the Company’s four segments for the three and six months ended June 30, 2015 and 2014:

	Shuttle Tanker,						Liquefied			Conventional
Three Months ended June 30, 2015	FSO and Offshore			FPSO			Gas			Tanker
	Support Segment			Segment			Segment			Segment			Total
Revenues		156,142			208,117			77,873			150,665			592,797
Voyage expenses		(19,979	)		(9	)		—			(3,902	)		(23,890	)
Vessel operating expenses		(42,030	)		(97,245	)		(17,893	)		(44,202	)		(201,370	)
Time-charter hire expense		(10,762	)		—			—			(19,571	)		(30,333	)
Depreciation and amortization		(30,691	)		(56,683	)		(18,002	)		(22,823	)		(128,199	)
General and administrative(1)		(7,812	)		(12,854	)		(6,922	)		(6,142	)		(33,730	)
Asset impairments		(500	)		—			—			—			(500	)
Restructuring charges		—			—			—			742			742
Income from vessel operations		44,368			41,326			35,056			54,767			175,517
	Shuttle Tanker,						Liquefied			Conventional
Three Months ended June 30, 2014	FSO and Offshore			FPSO			Gas			Tanker
	Support Segment			Segment			Segment			Segment			Total
Revenues		142,816			131,155			81,970			96,313			452,254
Voyage expenses		(24,890	)		(172	)		(739	)		(7,638	)		(33,439	)
Vessel operating expenses		(46,989	)		(92,436	)		(17,139	)		(45,150	)		(201,714	)
Time-charter hire expense		(4,975	)		—			—			(4,739	)		(9,714	)
Depreciation and amortization		(27,039	)		(38,056	)		(17,888	)		(20,390	)		(103,373	)
General and administrative(1)		(8,005	)		(15,524	)		(6,294	)		(7,122	)		(36,945	)
Loan loss recoveries		—			2,521			—			—			2,521
Gain on sale of vessels		—			—			—			9,615			9,615
Restructuring charges		820			—			—			(576	)		244
Income (loss) from vessel operations		31,738			(12,512	)		39,910			20,313			79,449
	Shuttle Tanker,						Liquefied			Conventional
Six Months ended June 30, 2015	FSO and Offshore			FPSO			Gas			Tanker
	Support Segment			Segment			Segment			Segment			Total
Revenues		309,796			375,325			155,355			298,183			1,138,659
Voyage expenses		(41,619	)		(18	)		—			(7,923	)		(49,560	)
Vessel operating expenses		(83,779	)		(185,372	)		(33,519	)		(82,903	)		(385,573	)
Time-charter hire expense		(17,745	)		—			—			(37,515	)		(55,260	)
Depreciation and amortization		(60,872	)		(99,579	)		(36,309	)		(44,143	)		(240,903	)
General and administrative(1)		(17,343	)		(26,694	)		(16,169	)		(11,478	)		(71,684	)
Asset impairments		(15,996	)		—			—			—			(15,996	)
Gain on sale of vessel		1,643			—			—			—			1,643
Restructuring charges		—			—			—			(8,384	)		(8,384	)
Income from vessel operations		74,085			63,662			69,358			105,837			312,942
	Shuttle Tanker,						Liquefied			Conventional
Six Months ended June 30, 2014	FSO and Offshore			FPSO			Gas			Tanker
	Support Segment			Segment			Segment			Segment			Total
Revenues		304,028			273,674			163,393			217,653			958,748
Voyage expenses		(56,619	)		(172	)		(1,572	)		(10,088	)		(68,451	)
Vessel operating expenses		(93,007	)		(185,940	)		(33,650	)		(90,303	)		(402,900	)
Time-charter hire expense		(16,387	)		—			—			(9,619	)		(26,006	)
Depreciation and amortization		(54,376	)		(75,868	)		(36,001	)		(40,586	)		(206,831	)
General and administrative(1)		(17,382	)		(30,865	)		(13,494	)		(13,082	)		(74,823	)
Loan loss recoveries		—			2,521			—			—			2,521
Gain on sale of vessels and equipment		—			—			—			9,453			9,453
Restructuring charges		268			—			—			(663	)		(395	)
Income (loss) from vessel operations		66,525			(16,650	)		78,676			62,765			191,316

(1) Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).

A reconciliation of total segment assets to total assets presented in the accompanying consolidated balance sheets is as follows:

	June 30, 2015		December 31, 2014
	$		$
Shuttle tanker, FSO and offshore support segment		2,511,258		2,055,348
FPSO segment		3,431,875		3,442,109
Liquefied gas segment		3,491,840		3,401,167
Conventional tanker segment		1,747,367		1,538,074
Cash		707,885		806,904
Accounts receivable and other assets		599,783		620,610
Consolidated total assets		12,490,008		11,864,212