XML 86 R79.htm IDEA: XBRL DOCUMENT v3.7.0.1
Derivative Instruments and Hedging Activities - Additional Information (Detail)
1 Months Ended 6 Months Ended
May 31, 2017
shares
Jun. 01, 2016
USD ($)
vessel
Jan. 31, 2014
USD ($)
tranche
NOK / Derivative
shares
Jun. 30, 2017
USD ($)
tranche
$ / shares
Dec. 31, 2016
USD ($)
Jan. 31, 2014
NOK / shares
Stock Purchase Warrants            
Stock purchase warrants       $ 5,526,000 $ 11,754,000  
Derivatives not designated as a cash flow hedge            
Stock Purchase Warrants            
Stock purchase warrants       0 0  
Interest Rate Swaps and Cross Currency Swaps Agreement            
Derivative [Line Items]            
Guaranteed benefit obligation, up to       387,000,000.0    
Fair value liability of interest rate swaps, cross currency swaps and foreign currency forward contracts having master agreements providing for net settlement       $ 242,600,000    
Stock Purchase Warrants | Derivatives not designated as a cash flow hedge            
Stock Purchase Warrants            
Stock purchase warrants         575,000  
Time-charter Swap Agreement            
Time-charter Swap            
Percent of required need   55.00%        
Daily payments received   $ 27,776        
Brokerage fee percent   1.25%        
Deduction from daily payments made, less than   $ 500        
Term of contract   11 years        
Counterparty option   2 months   2 months    
Interest Rate Swaps, Cross Currency Swaps Agreement and Foreign Currency Forward Contracts            
Derivative [Line Items]            
Fair value liability of interest rate swaps, cross currency swaps and foreign currency forward contracts having master agreements providing for net settlement       $ 307,200,000    
Time-charter Swap            
Fair value asset of interest rate swaps, cross currency swaps and foreign currency forward contracts having master agreements providing for net settlement       4,200,000    
Restricted cash       50,100,000    
Interest Rate Swaps            
Time-charter Swap            
Amounts In AOCI to be recognized in next 12 months       1,300,000    
Interest Rate Swaps | Derivatives not designated as a cash flow hedge            
Stock Purchase Warrants            
Stock purchase warrants       3,847,000 9,839,000  
Recurring | Level 3 | Reported Value Measurement | Stock Purchase Warrants            
Stock Purchase Warrants            
Stock purchase warrants       0 575,000  
Recurring | Level 3 | Reported Value Measurement | Time-charter Swap Agreement            
Time-charter Swap            
Agreements       $ 0 $ 208,000  
Teekay Tankers | Time-charter Swap Agreement            
Time-charter Swap            
Number of vessel-equivalents | vessel   2        
Teekay Tankers | Tanker Investments Limited            
Stock Purchase Warrants            
Purchase of common stock (in shares) | shares 27,000,000   5,000,000      
Equity method investment, ownership interest     20.00%      
Issuance of equity private placement     $ 250,000,000      
Equity method investment     $ 50,000,000      
Number of tranches vested | tranche     4 2    
Teekay Tankers | Tanker Investments Limited | Stock Purchase Warrants            
Stock Purchase Warrants            
Fixed price of stock purchase warrants (per share) | (per share)       $ 10   NOK 61.67
Consecutive trading days     10 days      
Teekay Tankers | Tanker Investments Limited | Stock Purchase Warrants | Derivatives not designated as a cash flow hedge            
Stock Purchase Warrants            
Stock purchase warrants     $ 6,800,000      
Teekay Tankers | Tanker Investments Limited | Maximum | Stock Purchase Warrants            
Stock Purchase Warrants            
Number of shares available through exercise of stock purchase warrant, up to (in shares) | shares     1,500,000.0      
Teekay Tankers | Tanker Investments Limited | Minimum | Stock Purchase Warrants | Tranche One            
Stock Purchase Warrants            
Fair market value of the shares (NOK per share) | NOK / Derivative     77.08      
Teekay Tankers | Tanker Investments Limited | Minimum | Stock Purchase Warrants | Tranche Two            
Stock Purchase Warrants            
Fair market value of the shares (NOK per share) | NOK / Derivative     92.50      
Teekay Tankers | Tanker Investments Limited | Minimum | Stock Purchase Warrants | Tranche Three            
Stock Purchase Warrants            
Fair market value of the shares (NOK per share) | NOK / Derivative     107.91      
Teekay Tankers | Tanker Investments Limited | Minimum | Stock Purchase Warrants | Tranche Four            
Stock Purchase Warrants            
Fair market value of the shares (NOK per share) | NOK / Derivative     123.33