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Revenue (Tables)
12 Months Ended
Dec. 31, 2023
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
Revenue Table
The following tables contain the Company’s total revenue, excluding revenue of the Teekay Gas Business (see Note 21), for the years ended December 31, 2023, 2022 and 2021, by contract type, by segment and by business line within segments.
Year Ended December 31, 2023
Teekay Tankers Conventional TankersTeekay Parent Marine Services and OtherTotal
$$$
Voyage charters1,321,4871,321,487
Time charters31,14931,149
Management fees and other
11,816100,523112,339
1,364,452100,5231,464,975
Year Ended December 31, 2022
Teekay Tankers Conventional TankersTeekay Parent Marine Services and OtherTotal
$$$
Voyage charters1,039,2621,039,262
Time charters14,73814,738
FPSO contracts
27,06427,064
Management fees and other
9,111100,009109,120
1,063,111127,0731,190,184
Year Ended December 31, 2021
Teekay Tankers Conventional TankersTeekay Parent Marine Services and OtherTotal
$$$
Voyage charters485,896485,896
Time charters46,1592,22048,379
FPSO contracts
47,89547,895
Management fees and other
10,31290,026100,338
542,367140,141682,508
Breakdown of lease revenue and non-lease revenue
The following table contains the Company's total revenue, excluding revenue of the Teekay Gas Business (see Note 21), by those contracts or components of contracts accounted for as leases and by those contracts or components not accounted for as leases for the years ended December 31, 2023, 2022 and 2021:
Year Ended December 31,
202320222021
$
$
$
Lease revenue
Lease revenue from lease payments of operating leases1,352,6361,062,738551,715
Interest income on lease receivables293
Variable lease payments – cost reimbursements (1)
18,32630,162
1,352,6361,081,064582,170
Non-lease revenue
Management fees and other income112,339109,120100,338
Total1,464,9751,190,184682,508
(1)Reimbursement for vessel operating expenditures, dry-docking expenditures and decommissioning expenditures received from the Company's customers relating to such costs incurred by the Company to operate the vessel for the customer or decommission an asset or location.