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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Income Statement [Abstract]      
Revenues $ 2,328,569 $ 2,450,382 $ 1,993,920
Voyage expenses (138,339) (115,787) (127,847)
Vessel operating expenses (825,024) (844,039) (809,319)
Time-charter hire expense (150,145) (138,548) (67,219)
Depreciation and amortization (571,825) (509,500) (422,904)
General and administrative expenses (119,889) (133,184) (140,917)
Asset impairments (note 17a) (45,796) (67,744) 0
Loan loss recoveries (note 17b) 0 0 2,521
Net (loss) gain on sale of vessels, equipment and other operating assets (note 17c) (66,450) (2,431) 8,750
Restructuring charges (note 19) (26,811) (14,017) (9,826)
Income from vessel operations 384,290 625,132 427,159
Interest expense (282,966) (242,469) (208,529)
Interest income 4,821 5,988 6,827
Realized and unrealized loss on non-designated derivative instruments (note 14) (35,091) (102,200) (231,675)
Equity income (note 22) 85,639 102,871 128,114
Foreign exchange (loss) gain (notes 7 and 14) (6,548) (2,195) 13,431
Other (loss) income (note 13) (39,013) 1,566 (1,152)
Net income before income taxes 111,132 388,693 134,175
Income tax (expense) recovery (note 20) (24,468) 16,767 (10,173)
Net income 86,664 405,460 124,002
Less: Net income attributable to non-controlling interests (note 1) (209,846) (323,309) (178,759)
Net (loss) income attributable to shareholders of Teekay Corporation $ (123,182) $ 82,151 $ (54,757)
Per common share of Teekay Corporation (note 18)      
Basic (loss) earnings attributable to shareholders of Teekay Corporation (dollars per share) $ (1.62) $ 1.13 $ (0.76)
Diluted (loss) earnings attributable to shareholders of Teekay Corporation (dollars per share) (1.62) 1.12 (0.76)
Cash dividends declared (dollars per share) $ 0.22 $ 1.7325 $ 1.265
Weighted average number of common shares outstanding (note 18)      
Basic (shares) 79,211,154 72,665,783 72,066,008
Diluted (shares) 79,211,154 73,190,564 72,066,008