Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2019

Segment Reporting [Abstract]

Disaggregation of Revenue

The following table includes the Company’s revenues by segment for the three and nine months ended September 30, 2019 and 2018:

	Revenues
	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	$		$		$		$
Teekay LNG
Liquefied Gas Carriers(1)	148,058		118,188		445,731		335,409
Conventional Tankers	1,597		5,148		6,728		25,548
	149,655		123,336		452,459		360,957
Teekay Tankers
Conventional Tankers(1)	182,304		175,915		617,082		516,039
Teekay Parent
Offshore Production	44,558		71,583		151,824		203,982
Other	51,275		45,988		149,923		144,115
	95,833		117,571		301,747		348,097
Eliminations and other	(7,096	)	(260	)	(11,712	)	(8,867	)
	420,696		416,562		1,359,576		1,216,226

(1) The amounts in the table below represent revenue earned by each segment from other segments within the group. During 2019, Teekay Tankers' ship-to-ship transfer business provided operational and maintenance services to Teekay LNG Bahrain Operations L.L.C., an entity wholly-owned by Teekay LNG, for the LNG receiving and regasification terminal in Bahrain. Also during 2019, the Magellan Spirit was chartered by Teekay LNG to Teekay Parent. During 2018, certain vessels were chartered by Teekay LNG to Teekay Parent. Such intersegment revenue for the three and nine months ended September 30, 2019 and 2018 is as follows:

	Three Months Ended September 30,			Nine Months Ended September 30,
	2019		2018	2019	2018
	$		$	$	$
Teekay LNG – Liquefied Gas Carriers	7,246		—	9,733	9,418
Teekay Tankers – Conventional Tankers	(150	)	—	1,979	—
	7,096		—	11,712	9,418

Income (loss) from Vessel Operations by Segment

The following table includes the Company’s income (loss) from vessel operations by segment for the three and nine months ended September 30, 2019 and 2018:

	Income (Loss) from Vessel Operations(1)
	Three Months Ended September 30,				Nine Months Ended September 30,
	2019		2018		2019		2018
	$		$		$		$
Teekay LNG
Liquefied Gas Carriers	72,112		51,581		216,799		105,571
Conventional Tankers	(501	)	(4,583	)	(1,150	)	(22,926	)
	71,611		46,998		215,649		82,645
Teekay Tankers
Conventional Tankers	(4,873	)	(2,166	)	32,275		(24,002	)
Teekay Parent
Offshore Production	(194,415	)	12,905		(212,959	)	25,328
Other	(2,712	)	(2,655	)	(9,659	)	(8,463	)
	(197,127	)	10,250		(222,618	)	16,865
	(130,389	)	55,082		25,306		75,508

(1) Includes direct general and administrative expenses and indirect general and administrative expenses (allocated to each segment based on estimated use of corporate resources).

Reconciliation of Total Segment Assets

A reconciliation of total segment assets to total assets presented in the accompanying unaudited consolidated balance sheets is as follows:

	September 30, 2019		December 31, 2018
	$		$
Teekay LNG – Liquefied Gas Carriers	5,207,158		5,188,088
Teekay LNG – Conventional Tankers	12,540		39,450
Teekay Tankers – Conventional Tankers	2,093,433		2,106,169
Teekay Parent – Offshore Production	172,858		311,550
Teekay Parent – Other	92,040		38,280
Teekay Offshore	—		233,225
Cash and cash equivalents	293,361		424,169
Other assets not allocated	108,404		70,153
Eliminations	(28,016	)	(19,414	)
Consolidated total assets	7,951,778		8,391,670