XML 43 R30.htm IDEA: XBRL DOCUMENT v3.8.0.1
Asset Impairments, Loss on Sale of Vessels, Equipment and Other Operating Assets and Write-Down of Equity Investment (Tables)
9 Months Ended
Sep. 30, 2017
Property, Plant and Equipment [Abstract]  
Schedule of Loss on Sale of Vessels, Equipment and Other Operating Assets
The following tables show the loss on sale of vessels, equipment and other operating assets for the three and nine months ended September 30, 2017 and 2016:
 
 
 
 
 
 
Net Loss on Sale of Vessels, Equipment and Other Assets
 
 
 
 
 
 
Three Months Ended September 30,
Segment

Asset Type

Completion of Sale Date

2017
$

2016
$
Teekay Tankers Segment - Conventional Tankers
 
2 Aframaxes
 
(1) 
 
(7,926
)
 

Teekay Tankers Segment - Conventional Tankers
 
MR Tanker
 
Aug-2016
 

 
(7,903
)
Other
 
 
 
 
 

 
65

Total
 
 
 
 
 
(7,926
)
 
(7,838
)
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Loss on Sale of Vessels, Equipment and Other Assets
 
 
 
 
 
 
Nine Months Ended September 30,
Segment
 
Asset Type
 
Completion of Sale Date
 
2017
$
 
2016
$
Teekay LNG Segment - Conventional Tankers
 
Suezmax
 
(2) 
 
(12,600
)
 

Teekay Tankers Segment - Conventional Tankers
 
3 Aframaxes
 
(1) 
 
(10,669
)
 

Teekay Tankers Segment - Conventional Tankers
 
Suezmax
 
Mar-2017
 
(1,469
)
 

Teekay LNG Segment - Conventional Tankers
 
2 Suezmaxes
 
Apr/May-2016
 

 
(27,439
)
Teekay Parent Segment - Conventional Tankers
 
VLCC Tanker
 
Oct-2016
 

 
(12,536
)
Teekay Tankers Segment - Conventional Tankers
 
2 MR Tankers
 
Aug/Nov-2016
 

 
(14,323
)
Other
 
 
 
 
 
(357
)
 
(115
)
Total
 
 
 
 
 
(25,095
)
 
(54,413
)


(1) Two vessels were sold and delivered to their respective buyers in June and September 2017 and another vessel is classified as held for sale at September 30, 2017.

(2) Teekay LNG has commenced marketing the vessel for sale and the vessel is classified as held for sale at September 30, 2017.