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Unaudited Consolidated Statements of (Loss) Income - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 396,517,000 $ 425,836,000 $ 1,453,376,000 $ 1,375,106,000
Voyage expenses (61,736,000) (97,829,000) (250,196,000) (310,022,000)
Vessel operating expenses (153,764,000) (159,616,000) (454,853,000) (479,229,000)
Time-charter hire expenses 18,796,000 28,932,000 63,566,000 87,587,000
Depreciation and amortization (64,352,000) (73,633,000) (200,205,000) (219,589,000)
General and administrative expenses (18,073,000) (20,016,000) (60,018,000) (63,856,000)
Write-down and (loss) gain on sale (66,273,000) (175,785,000) (171,548,000) (179,113,000)
Gain on commencement of sales-type lease 0 0 44,943,000 0
Restructuring charges 2,139,000 414,000 9,149,000 10,404,000
Income (loss) from vessel operations 11,384,000 (130,389,000) 288,784,000 25,306,000
Interest expense (53,175,000) (67,707,000) (174,940,000) (211,583,000)
Interest income 1,754,000 1,485,000 6,871,000 6,407,000
Realized and unrealized gains (losses) on derivative instruments (1,471,000) (1,924,000) (32,404,000) (18,311,000)
Equity income (loss) 24,392,000 21,514,000 62,048,000 (46,423,000)
Foreign exchange (loss) gain) (5,943,000) 5,628,000 (8,219,000) (2,853,000)
Other Income (Loss) (14,627,000) (1,424,000) (15,707,000) (12,495,000)
(Loss) income before income taxes (37,686,000) (172,817,000) 126,433,000 (259,952,000)
Income tax (expense) recovery 3,702,000 3,091,000 (9,681,000) 11,531,000
Net (loss) income (41,388,000) (175,908,000) 136,114,000 (271,483,000)
Net loss (income) attributable to non-controlling interests 5,981,000 (22,270,000) (199,603,000) (50,437,000)
Net loss attributable to the shareholders of Teekay Corporation $ (35,407,000) $ (198,178,000) $ (63,489,000) $ (321,920,000)
Earnings Per Share, Basic $ (0.35) $ (1.97) $ (0.63) $ (3.20)
Earnings Per Share, Diluted $ (0.35) $ (1.97) $ (0.63) $ (3.20)
Weighted average number of common shares outstanding (note 18)        
Weighted Average Number of Shares Outstanding, Basic and Diluted 101,107,371 100,784,683 101,034,362 100,697,251