Income (Loss) Per Share (Tables)

12 Months Ended

Dec. 31, 2015

Earnings Per Share [Abstract]

Schedule of Income (Loss) Per Share

	Year Ended December 31,
	2015			2014			2013
	$			$			$
Net income (loss) attributable to shareholders of Teekay Corporation		82,151			(54,757	)		(114,738	)
Reduction in net earnings due to dilutive impact of stock-based compensation in Teekay LNG, Teekay Offshore and Teekay Tankers and Series C Preferred Units in Teekay Offshore		(227	)		—			—
Net income (loss) attributable to shareholders of Teekay Corporation for diluted income (loss) per share		81,924			(54,757	)		(114,738	)
Weighted average number of common shares		72,665,783			72,066,008			70,457,958
Dilutive effect of stock-based compensation		524,781			—			—
Common stock and common stock equivalents		73,190,564			72,066,008			70,457,958
Income (loss) per common share:
- Basic		1.13			(0.76	)		(1.63	)
- Diluted		1.12			(0.76	)		(1.63	)