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Unaudited Consolidated Statements of Income (Loss) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2015
Jun. 30, 2014
Jun. 30, 2015
Jun. 30, 2014
Income Statement [Abstract]        
Revenues $ 592,797 $ 452,254 $ 1,138,659 $ 958,748
Voyage expenses (23,890) (33,439) (49,560) (68,451)
Vessel operating expenses (201,370) (201,714) (385,573) (402,900)
Time-charter hire expense (30,333) (9,714) (55,260) (26,006)
Depreciation and amortization (128,199) (103,373) (240,903) (206,831)
General and administrative (33,730) (36,945) (71,684) (74,823)
Asset impairments (note 7b) (500)   (15,996)  
Loan loss recoveries (note 7b)   2,521   2,521
Gain on sale of vessels, equipment and other assets (note 7a)   9,615 1,643 9,453
Restructuring reversals (charges) (note 12) 742 244 (8,384) (395)
Income from vessel operations 175,517 79,449 312,942 191,316
Interest expense (62,388) (49,656) (113,734) (98,989)
Interest income 1,199 793 2,729 2,576
Realized and unrealized gain (loss) on non-designated derivative instruments (note 15) 63,752 (75,331) (19,634) (122,579)
Equity income 39,901 35,271 60,650 62,765
Foreign exchange (loss) gain (notes 8 and 15) (1,604) (2,046) 15,906 (2,940)
Other (loss) income (note 13) (389) (734) (14) 7,517
Net income (loss) before income taxes 215,988 (12,254) 258,845 39,666
Income tax (expense) recovery (note 16) (752) (3,193) 243 (5,991)
Net income (loss) 215,236 (15,447) 259,088 33,675
Less: Net income attributable to non-controlling interests (149,324) (27,540) (202,940) (77,150)
Net income (loss) attributable to shareholders of Teekay Corporation $ 65,912 $ (42,987) $ 56,148 $ (43,475)
Per common share of Teekay Corporation (note 17)        
Basic income (loss) attributable to shareholders of Teekay Corporation $ 0.91 $ (0.60) $ 0.77 $ (0.61)
Diluted income (loss) attributable to shareholders of Teekay Corporation 0.90 (0.60) 0.77 (0.61)
Cash dividends declared $ 0.3163 $ 0.3163 $ 0.6325 $ 0.6325
Weighted average number of common shares outstanding (note 17)        
Basic 72,697,121 72,036,526 72,623,503 71,687,549
Diluted 73,477,680 72,036,526 73,379,228 71,687,549