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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Income Statement [Abstract]      
Revenues $ 2,450,382 $ 1,993,920 $ 1,830,085
Voyage expenses (115,787) (127,847) (112,218)
Vessel operating expenses (844,039) (809,319) (806,152)
Time-charter hire expense (138,548) (67,219) (103,646)
Depreciation and Amortization (509,500) (422,904) (431,086)
General and administrative expenses (133,184) (140,917) (140,958)
Asset impairments (note 18b) (71,641) (4,759) (167,605)
Loan loss recoveries (provisions) (note 18b)   2,521 (748)
Net gain on sale of vessels, equipment and other assets (note 18a) 1,466 13,509 1,995
Restructuring charges (note 20) (14,017) (9,826) (6,921)
Income from vessel operations 625,132 427,159 62,746
Interest expense (242,469) (208,529) (181,396)
Interest income 5,988 6,827 9,708
Realized and unrealized (loss) gain on non-designated derivative instruments (note 15) (102,200) (231,675) 18,414
Equity income (note 23) 102,871 128,114 136,538
Foreign exchange (loss) gain (notes 8 and 15) (2,195) 13,431 (13,304)
Other income (loss) (note 14) 1,566 (1,152) 5,646
Net income before income taxes 388,693 134,175 38,352
Income tax recovery (expense) (note 21) 16,767 (10,173) (2,872)
Net income 405,460 124,002 35,480
Less: Net income attributable to non-controlling interests (note 1) (323,309) (178,759) (150,218)
Net income (loss) attributable to shareholders of Teekay Corporation $ 82,151 $ (54,757) $ (114,738)
Per common share of Teekay Corporation (note 19)      
Basic income (loss) attributable to shareholders of Teekay Corporation $ 1.13 $ (0.76) $ (1.63)
Diluted income (loss) attributable to shareholders of Teekay Corporation 1.12 (0.76) (1.63)
Cash dividends declared $ 1.7325 $ 1.2650 $ 1.2650
Weighted average number of common shares outstanding(note 19)      
Basic 72,665,783 72,066,008 70,457,968
Diluted 73,190,564 72,066,008 70,457,968