Table:
|  | As at December 31, |  |
| --- | --- | --- |
|  | 2019 | 2018 |
|  | $ | $ |
| Cash and restricted cash | 379,085 | 568,843 |
| Other assets – current | 148,663 | 412,388 |
| Vessels and equipment, including vessels related to finance leases and advances on  Vessels and equipment, including vessels related to finance leases and advances on newbuilding contracts | 3,123,377 | 6,615,077 |
| Net investment in direct financing leases | 4,469,861 | 3,000,927 |
| Other assets – non-current | 169,925 | 1,957,271 |
| Current portion of long-term debt and obligations related to finance leases | 563,776 | 1,106,812 |
| Other liabilities – current | 189,165 | 563,862 |
| Long-term debt and obligations related to finance leases | 5,156,307 | 6,882,426 |
| Other liabilities – non-current | 243,301 | 478,311 |
Paragraphs:
A condensed summary of the Company’s financial information for equity-accounted investments (20% to 52%-owned) shown on a 100% basis (excluding the impact from purchase price adjustments arising from the acquisition of Joint Ventures) are as follows:
The results included for TIL are until its consolidation on November 27, 2017. The results included for Altera are from the date of deconsolidation on September 25, 2017 to the sale of Teekay's remaining interests on May 8, 2019.
For the year ended December 31, 2019, the Company recorded equity loss of $14.5 million (2018 – income of $61.1 million, and 2017 – loss of $37.3 million).
The equity loss in 2019 was primarily comprised of the write-down and loss on sale of Teekay's investment in Altera and the Company’s share of net loss from the Bahrain LNG Joint Venture; offset by equity income in the Yamal LNG Joint Venture, the RasGas III Joint Venture, the MALT Joint Venture, the Pan Union Joint Venture and the Angola Joint Venture.
For the year ended December 31, 2019, equity loss included $12.9 million related to the Company’s share of unrealized losses on interest rate swaps in the equity-accounted investments (2018 – gains of $17.6 million and 2017 – gains of $7.7 million).
Question:
How much was the equity loss for the year ended December 31, 2019?
Answer: For the year ended December 31, 2019, the Company recorded equity loss of $14.5 million