XML 313 R40.htm IDEA: XBRL DOCUMENT v3.20.1
Goodwill and Intangible Assets (Tables)
 12 Months Ended
Dec. 31, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill Disclosure [Text Block]
 
 
Teekay LNG – Liquefied Gas Segment
$
 
Conventional Tanker Segment
$
 
Total
$
Balance as of December 31, 2018
 
35,631

 
8,059

 
43,690

Decrease due to reclass of goodwill held for sale
 
—

 
(5,632
)
 
(5,632
)
Balance as of December 31, 2019
 
35,631

 
2,427

 
38,058
Summary of Intangible Assets
As at December 31, 2019, the Company’s intangible assets consisted of: 
 
Gross Carrying Amount
$
 
Accumulated Amortization
$
 
Net Carrying Amount
$
Customer contracts
192,938

 
(149,558
)
 
43,380

Customer relationships
3,208

 
(663
)
 
2,545

 
196,146

 
(150,221
)
 
45,925


As at December 31, 2018, the Company’s intangible assets consisted of: 
 
Gross Carrying Amount
$
 
Accumulated Amortization
$
 
Net Carrying Amount
$
Customer contracts
193,194

 
(140,756
)
 
52,438

Customer relationships
22,500

 
(10,875
)
 
11,625

Off-market in-charter contracts (1)
17,900

 
(4,190
)
 
13,710

 
233,594

 
(155,821
)
 
77,773

(1)
Represents the off-market in-charter contracts between the Company and Altera for two FSO units. On January 1, 2019, upon the adoption of ASU 2016-02, the existing carrying value of the Company's chartered-in vessels was reclassified from other intangible assets to a right-of-use asset.