Civeo (CVEO) 10-Q 27 Apr 18 2018 Q1 Quarterly report Financial data

Document And Entity Information

Document And Entity Information - shares	3 Months Ended
	Mar. 31, 2018	Apr. 23, 2018
Document Information [Line Items]
Entity Registrant Name	Civeo Corp
Entity Central Index Key	1,590,584
Trading Symbol	cveo
Current Fiscal Year End Date	--12-31
Entity Filer Category	Accelerated Filer
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Well-known Seasoned Issuer	No
Entity Common Stock, Shares Outstanding (in shares)		167,700,868
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false

Unaudited Consolidated Statemen

Unaudited Consolidated Statements of Operations - USD ($) shares in Thousands, $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues:
Total Revenues	$ 101,504	$ 91,429
Costs and expenses:
Selling, general and administrative expenses	16,887	14,210
Depreciation and amortization expense	30,764	32,829
Impairment expense	28,661
Other operating expense	379	450
Total costs and expenses	154,019	109,161
Operating loss	(52,515)	(17,732)
Interest expense	(5,822)	(5,504)
Loss on extinguishment of debt		(842)
Interest income	58	10
Other income	2,259	254
Loss before income taxes	(56,020)	(23,814)
Income tax benefit	685	2,948
Net loss	(55,335)	(20,866)
Less: Net income attributable to noncontrolling interest	122	121
Net loss attributable to Civeo Corporation.	$ (55,457)	$ (20,987)
Per Share Data (see Note 8)
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share)	$ (0.42)	$ (0.17)
Diluted net loss per share attributable to Civeo Corporation common shareholders. (in dollars per share)	$ (0.42)	$ (0.17)
Weighted average number of common shares outstanding:
Basic (in shares)	131,631	120,846
Diluted (in shares)	131,631	120,846
Service and Other [Member]
Revenues:
Total Revenues	$ 96,404	$ 89,861
Costs and expenses:
Cost of goods and service sold	72,955	59,532
Product [Member]
Revenues:
Total Revenues	5,100	1,568
Costs and expenses:
Cost of goods and service sold	$ 4,373	$ 2,140

Unaudited Consolidated Stateme3

Unaudited Consolidated Statements of Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Net loss	$ (55,335)	$ (20,866)
Other comprehensive income (loss), net of tax:
Foreign currency translation adjustment, net of taxes of zero	(7,821)	18,035
Total other comprehensive income (loss), net of tax	(7,821)	18,035
Comprehensive loss	(63,156)	(2,831)
Comprehensive income attributable to noncontrolling interest	(122)	(469)
Comprehensive loss attributable to Civeo Corporation.	$ (63,278)	$ (3,300)

Unaudited Consolidated Stateme4

Unaudited Consolidated Statements of Comprehensive Loss (Parentheticals) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Foreign currency translation adjustment, tax	$ 0	$ 0

Consolidated Balance Sheets (Cu

Consolidated Balance Sheets (Current Period Unaudited) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 41,977	$ 32,647
Accounts receivable, net	60,882	66,823
Inventories	4,929	7,246
Prepaid expenses	11,333	14,481
Other current assets	1,523	1,553
Assets held for sale	9,059	9,462
Total current assets	129,703	132,212
Property, plant and equipment, net	647,028	693,833
Other intangible assets, net	29,152	22,753
Other noncurrent assets	1,088	5,114
Total assets	806,971	853,912
Current liabilities:
Accounts payable	26,337	27,812
Accrued liabilities	12,418	22,208
Income taxes	333	1,728
Current portion of long-term debt	16,175	16,596
Deferred revenue	3,490	5,442
Other current liabilities	1,755	1,843
Total current liabilities	60,508	75,629
Long-term debt, less current maturities	302,215	277,990
Other noncurrent liabilities	24,656	23,926
Total liabilities	387,379	377,545
Commitments and contingencies (Note 11)
Shareholders’ Equity:
Common shares (no par value; 550,000,000 shares authorized, 135,257,269 shares and 132,427,885 shares issued, respectively, and 134,909,700 shares and 132,262,434 shares outstanding, respectively)	0	0
Additional paid-in capital	1,390,634	1,383,934
Accumulated deficit	(634,176)	(579,113)
Common shares held in treasury at cost, 347,569 and 165,451 shares, respectively	(952)	(358)
Accumulated other comprehensive loss	(336,034)	(328,213)
Total Civeo Corporation shareholders’ equity	419,472	476,250
Noncontrolling interest	120	117
Total shareholders’ equity	419,592	476,367
Total liabilities and shareholders’ equity	$ 806,971	$ 853,912

Consolidated Balance Sheets (C6

Consolidated Balance Sheets (Current Period Unaudited) (Parentheticals) - $ / shares $ / shares in Thousands	Mar. 31, 2018	Dec. 31, 2017
Common stock, par value (in dollars per share)	$ 0	$ 0
Common stock, shares authorized (in shares)	550,000,000	550,000,000
Common stock, shares issued (in shares)	135,257,269	132,427,885
Common stock, shares outstanding (in shares)	134,909,700	132,262,434
Treasury shares (in shares)	347,569	165,451

Unaudited Consolidated Stateme7

Unaudited Consolidated Statements of Changes in Shareholders' Equity - USD ($) $ in Thousands	Common Stock [Member]	Additional Paid-in Capital [Member]	Retained Earnings [Member]	Treasury Stock [Member]	AOCI Attributable to Parent [Member]	Noncontrolling Interest [Member]	Total
Balance at Dec. 31, 2016		$ 1,311,226	$ (472,764)	$ (65)	$ (362,930)	$ 523	$ 475,990
Net income (loss)			(20,987)			121	(20,866)
Currency translation adjustment					17,687	348	18,035
Dividends paid						(868)	(868)
Equity offering		64,847					64,847
Share-based compensation		1,867		(279)			1,588
Balance at Mar. 31, 2017		1,378,576	(494,387)	(344)	(345,243)	124	538,726
Cumulative effect of implementation of ASU 2016-09.		636	(636)
Balance at Dec. 31, 2017		1,383,934	(579,113)	(358)	(328,213)	117	476,367
Net income (loss)			(55,457)			122	(55,335)
Currency translation adjustment					(7,821)		(7,821)
Dividends paid						(119)	(119)
Share-based compensation		2,200		(594)			1,606
Issuance of common shares for asset acquisition		4,500					4,500
Balance at Mar. 31, 2018		1,390,634	(634,176)	(952)	(336,034)	120	419,592
Cumulative effect of implementation of ASU 2016-09.			$ 394				$ 394

Unaudited Consolidated Stateme8

Unaudited Consolidated Statements of Changes in Shareholders' Equity (Shares) - 3 months ended Mar. 31, 2018 - shares	Common Stock [Member]	Total
Balance (in shares) at Dec. 31, 2017	132,262,000	132,427,885
Stock-based compensation. (in shares)	1,309,000
Issuance of common shares for asset acquisition. (in shares)	1,339,000
Balance (in shares) at Mar. 31, 2018	134,910,000	135,257,269

Unaudited Consolidated Stateme9

Unaudited Consolidated Statements of Cash Flows - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net loss	$ (55,335)	$ (20,866)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization	30,764	32,829
Impairment expense	28,661
Loss on extinguishment of debt		842
Deferred income tax provision (benefit)	2	(3,120)
Non-cash compensation charge	2,200	1,867
Gains on disposals of assets	(2,147)	(416)
Provision for loss on receivables, net of recoveries	(35)	(60)
Other, net	2,047	795
Changes in operating assets and liabilities:
Accounts receivable	4,837	3,258
Inventories	2,190	(440)
Accounts payable and accrued liabilities	(10,352)	(4,521)
Taxes payable	(1,358)	320
Other current assets and liabilities, net	1,364	(640)
Net cash flows provided by operating activities	2,838	9,848
Cash flows from investing activities:
Capital expenditures, including capitalized interest	(2,696)	(3,883)
Payments related to asset acquisition	(23,771)
Proceeds from disposition of property, plant and equipment	2,718	578
Other, net	110
Net cash flows used in investing activities	(23,639)	(3,305)
Cash flows from financing activities:
Proceeds from issuance of common shares, net		64,847
Revolving credit borrowings	47,166	34,904
Revolving credit repayments	(11,525)	(74,868)
Term loan repayments	(4,079)	(3,947)
Debt issuance costs		(1,772)
Other, net	(594)	(279)
Net cash flows provided by financing activities	30,968	18,885
Effect of exchange rate changes on cash	(837)	(77)
Net change in cash and cash equivalents	9,330	25,351
Cash and cash equivalents, beginning of period	32,647	1,785
Cash and cash equivalents, end of period	41,977	27,136
Non-cash investing activities:
Value of common shares issued as consideration for asset acquisition	$ 4,500

Note 1 - Description of Busines

Note 1 - Description of Business and Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Business Description and Basis of Presentation [Text Block]	1. DESC R IPTION OF BUSINESS AND BASIS OF PRESENTATION Description of the Business We are one not three Basis of Presentation Unless otherwise stated or the context otherwise indicates: (i) all references in these consolidated financial statements to “Civeo,” “us,” “our” or “we” refer to Civeo Corporation and its consolidated subsidiaries; and (ii) all references in this report to “dollars” or “$” are to U.S. dollars. The accompanying unaudited consolidated financial statements of Civeo have been prepared pursuant to the rules and regulations of the Securities and Exchange Commission (the SEC) pertaining to interim financial information. Certain information in footnote disclosures normally included in financial statements prepared in accordance with Generally Accepted Accounting Principles (GAAP) has been condensed or omitted pursuant to those rules and regulations. The unaudited financial statements included in this report reflect all the adjustments, consisting of normal recurring adjustments, which Civeo considers necessary for a fair presentation of the results of operations for the interim periods covered and for the financial condition of Civeo at the date of the interim balance sheet. Results for the interim periods are not The preparation of consolidated financial statements in conformity with GAAP requires the use of estimates and assumptions by management in determining the reported amounts of assets and liabilities and disclosures of contingent assets and liabilities at the date of the consolidated financial statements and the reported amounts of revenues and expenses during the reporting period. If the underlying estimates and assumptions upon which the financial statements are based change in future periods, actual amounts may The financial statements included in this report should be read in conjunction with our audited financial statements and accompanying notes included in our Annual Report on Form 10 December 31, 2017.

Note 2 - Recent Accounting Pron

Note 2 - Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
New Accounting Pronouncements and Changes in Accounting Principles [Text Block]	2. RECENT ACCOUNTING PRONOUNCEMENT S From time to time, new accounting pronouncements are issued by the Financial Accounting Standards Board (the FASB), which are adopted by us as of the specified effective date. Unless otherwise discussed, management believes that the impact of recently issued standards or other guidance updates, which are not not In January 2017, 2017 01, 805 2017 01 not December 15, 2017. January 1, 2018. In June 2016, 2016 13, 2016 13 not 2016 13 December 15, 2019 In February 2016, 2016 02, 842 840 2016 02 12 December 15, 2018 In May 2014, 2014 09 606, 606 606 December 15, 2017. January 1, 2018 not January 1, 2018. January 1, 2018 606, not 606. $0.4 March 31, 2018.

Note 3 - Revenue

Note 3 - Revenue	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Revenue from Contract with Customer [Text Block]	3. REVENUE We generally recognize accommodation, mobile facility rental and catering and other services revenues over time as our customers simultaneously receive and consume benefits as we serve our customers because of continuous transfer of control to the customer. Revenue is recognized when control of the promised goods or services is transferred to our customers, in an amount that reflects the consideration we expect to be entitled to in exchange for those goods or services. We transfer control and recognize a sale based on a periodic (usually daily) room rate each night a customer stays in our rooms or when the services are rendered. In some contracts, rates may may For significant projects, manufacturing revenues are recognized over time with progress towards completion measured using the cost based input method as the basis to recognize revenue and an estimated profit. Billings on such contracts in excess of costs incurred and estimated profits are classified as deferred revenue. Costs incurred and estimated profits in excess of billings on these contracts are recognized as unbilled receivables. Management believes this input method is the most appropriate measure of progress to the satisfaction of a performance obligation on larger modular construction and manufacturing contracts. Provisions for estimated losses on uncompleted contracts are made in the period in which such losses are determined. Changes in job performance, job conditions, estimated profitability and final contract settlements may may The following table disaggregates our revenue by our three three March 31, 2018 2017 Three Months Ended March 3 1 , 2018 201 7 Canada Accommodation revenues $ 50,647 $ 56,230 Mobile facility rental revenues 7,794 559 Catering and other services revenues 3,739 3,443 Manufacturing revenues 1,210 274 Total Canada revenues 63,390 60,506 Australia Accommodation revenues $ 27,698 $ 27,016 Catering and other services revenues 177 -- Total Australia revenues 27,875 27,016 United States Accommodation revenues $ 3,166 $ 2,098 Mobile facility rental revenues 3,577 1,045 Manufacturing revenues 3,464 740 Catering and other services revenues 32 24 Total United States revenues 10,239 3,907 Total revenues $ 101,504 $ 91,429 Because of control transferring over time, the majority of our revenue is recognized based on the extent of progress towards completion of the performance obligation. At contract inception, we assess the goods and services promised in our contracts with customers and identify a performance obligation for each promise to transfer our customers a good or service (or bundle of goods or services) that is distinct. Our customers typically contract for accommodation services under take-or-pay contracts with terms that most often range from several months to three Our payment terms vary by the type and location of our customer and the products or services offered. The term between invoicing and when our performance obligations are satisfied is not 30 not Revenues exclude taxes assessed based on revenues such as sales or value added taxes. As of March 31, 2018, one For the years ending December 31, 2018 2019 2020 Thereafter Total Revenue expected to be recognized as of March 31, 2018 $ 86,325 $ 76,789 $ 45,861 $ 1,913 $ 210,888

Note 4 - Fair Value Measurement

Note 4 - Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Fair Value Disclosures [Text Block]	4. F AIR VALUE MEASUREMENTS Our financial instruments consist of cash and cash equivalents, receivables, payables and debt instruments. We believe that the carrying values of these instruments on the accompanying consolidated balance sheets approximate their fair values. As of March 31, 2018 December 31, 2017, 2 During the first 2018, 3

Note 5 - Details of Selected Ba

Note 5 - Details of Selected Balance Sheet Accounts	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Supplemental Balance Sheet Disclosures [Text Block]	5. DETAILS OF SELECTED BALANCE SHEET ACCOUNTS Additional information regarding selected balance sheet accounts at March 31, 2018 December 31, 2017 March 31, 2018 December 31, 201 7 Accounts receivable, net: Trade $ 38,922 $ 46,692 Unbilled revenue 22,082 20,555 Other 1,197 914 Total accounts receivable 62,201 68,161 Allowance for doubtful accounts (1,319 ) (1,338 ) Total accounts receivable, net $ 60,882 $ 66,823 March 31, 2018 December 31, 201 7 Inventories: Finished goods and purchased products $ 2,186 $ 2,211 Work in process 1,696 4,096 Raw materials 1,047 939 Total inventories $ 4,929 $ 7,246 Estimated Useful Life (in years) March 31, 2018 December 31, 201 7 Property, plant and equipment, net: Land $ 50,573 $ 40,567 Accommodations assets 3 - 15 1,630,872 1,658,867 Buildings and leasehold improvements 5 - 20 23,471 24,181 Machinery and equipment 4 - 15 8,694 8,848 Office furniture and equipment 3 - 7 53,063 53,688 Vehicles 3 - 5 13,605 13,869 Construction in progress 4,639 2,770 Total property, plant and equipment 1,784,917 1,802,790 Accumulated depreciation (1,137,889 ) (1,108,957 ) Total property, plant and equipment, net $ 647,028 $ 693,833 March 31, 2018 December 31, 201 7 Accrued liabilities: Accrued compensation $ 9,423 $ 20,424 Accrued taxes, other than income taxes 2,358 1,224 Accrued interest 385 15 Other 252 545 Total accrued liabilities $ 12,418 $ 22,208

Note 6 - Impairment Charges

Note 6 - Impairment Charges	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Asset Impairment Charges [Text Block]	6. IMPAIRMENT CHARGES Quarter ended March 31, 2018. first 2018, may first 2018. two no not zero $28.7

Note 7 - Acquisitions and Asset

Note 7 - Acquisitions and Assets Held for Sale	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Business Combination and Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	7. ACQUISITIONS AND ASSETS HELD FOR SALE Acquisitions Lakeland. February 28, 2018, $28.0 $23.5 $4.5 December 2020 1.2 400 40 Intangible assets acquired in the Lakeland acquisition totaled $9.2 16 This acquisition was accounted for as an asset acquisition based on the principles described in ASC 805, not not Assets H eld for S ale During the fourth 2017, $0.1 three March 31, 2017. In addition, certain undeveloped land positions in the British Columbia LNG market in our Canadian segment previously met the criteria of held for sale. These assets were recorded at the estimated fair value less costs to sell of approximately $4.2 The following table summarizes the carrying amount as of March 31, 2018 December 31, 2017 March 31, December 31, 201 8 201 7 Assets held for sale: Property, plant and equipment, net $ 9,059 $ 9,418 Inventories -- 44 Total assets held for sale $ 9,059 $ 9,462

Note 8 - Earnings Per Share

Note 8 - Earnings Per Share	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Earnings Per Share [Text Block]	8. EARNINGS PER SHARE The calculation of earnings per share attributable to Civeo is presented below for the periods indicated (in thousands, except per share amounts): THREE MONTHS ENDED MARCH 31, 201 8 201 7 Basic Loss per Share Net loss attributable to Civeo $ (55,457 ) $ (20,987 ) Less: undistributed net income to participating securities -- -- Net loss attributable to Civeo’s common shareholders - basic $ (55,457 ) $ (20,987 ) Weighted average common shares outstanding - basic 131,631 120,846 Basic loss per share $ (0.42 ) $ (0.17 ) Diluted Loss per Share Net loss attributable to Civeo’s common shareholders - basic $ (55,457 ) $ (20,987 ) Less: undistributed net income to participating securities -- -- Net loss attributable to Civeo’s common shareholders - diluted $ (55,457 ) $ (20,987 ) Weighted average common shares outstanding - basic 131,631 120,846 Effect of dilutive securities (1 ) -- -- Weighted average common shares outstanding - diluted 131,631 120,846 Diluted loss per share $ (0.42 ) $ (0.17 ) ( 1 ) When an entity has a net loss from continuing operations, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized the basic shares outstanding amount to calculate both basic and diluted loss per share for the three March 31, 2018 2017. three March 31, 2018 2017, 2.8 1.8

Note 9 - Debt

Note 9 - Debt	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Debt Disclosure [Text Block]	9. DEBT As of March 31, 2018 December 31, 2017, March 31, 201 8 December 31, 201 7 Canadian term loan, which matures on May 28, 2019; 1.25% of aggregate principal repayable per quarter; weighted average interest rate of 5.6% for the three-month period ended March 31, 2018 $ 285,517 $ 297,623 U.S. revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 7.5% for the three-month period ended March 31, 2018 -- -- Canadian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 6.4% for the three-month period ended March 31, 2018 -- -- Canadian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 6.4% for the three-month period ended March 31, 2018 -- -- Australian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 5.7% for the three-month period ended March 31, 2018 35,328 -- 320,845 297,623 Less: Unamortized debt issuance costs 2,455 3,037 Total debt 318,390 294,586 Less: Current portion of long-term debt, including unamortized debt issuance costs, net 16,175 16,596 Long-term debt, less current maturities $ 302,215 $ 277,990 We did not three March 31, 2018 2017. Amended Credit Agreement As of December 31, 2017, $275.0 May 28, 2019, $40.0 $90.0 $60.0 $85.0 one $350.0 May 28, 2019 On April 2, 2018, ● provided for the reduction by $35.5 $239.5 1 $20.0 2 $159.5 two one 3 $60.0 one ● extended the maturity date by 18 May 30, 2019 November 30, 2020; ● adjusted the maximum leverage ratio financial covenant, as follows: Period Ended Maximum Leverage Ratio March 31, 2018 4.50 : 1.00 June 30, 2018 4.50 : 1.00 September 30, 2018 4.25 : 1.00 December 31, 2018 3.75 : 1.00 March 31, 2019 & thereafter 3.50 : 1.00 ; and ● provided for other technical changes and amendments to the Credit Agreement. U.S. dollar amounts outstanding under the facilities provided by the Amended Credit Agreement bear interest at a variable rate equal to LIBOR plus a margin of 2.25% 4.00%, 1.25% 3.00%, 2.25% 4.00%, 1.25% 3.00%, 2.25% 4.00%, The Amended Credit Agreement contains customary affirmative and negative covenants that, among other things, limit or restrict: (i) subsidiary indebtedness, liens and fundamental changes; (ii) asset sales; (iii) acquisitions of margin stock; (iv) specified acquisitions; (v) certain restrictive agreements; (vi) transactions with affiliates; and (vii) investments and other restricted payments, including dividends and other distributions. In addition, we must maintain an interest coverage ratio, defined as the ratio of consolidated EBITDA to consolidated interest expense, of at least 3.0 1.0 no 4.50 1.0 March 31, 2018). March 31, 2018. Borrowings under the Amended Credit Agreement are secured by a pledge of substantially all of our assets and the assets of our subsidiaries. The obligations under the Amended Credit Agreement are guaranteed by our significant subsidiaries. As of March 31, 2018, 15 $0.7 $121.7 April 2, 2018,

Note 10 - Income Taxes

Note 10 - Income Taxes	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Income Tax Disclosure [Text Block]	10. INCOME TAXES Our operations are conducted through various subsidiaries in a number of countries throughout the world. We have provided for income taxes based upon the tax laws and rates in the countries in which operations are conducted and income is earned. We operate primarily in three 21% 30%. We compute our quarterly taxes under the effective tax rate method by applying an anticipated annual effective rate to our year-to-date income, except for significant unusual or extraordinary transactions. As of March 31, 2018, Our income tax benefit for the three March 31, 2018 $0.7 1.2% $2.9 12.4% three March 31, 2017. 2018 2017 1.0 $0.6 On December 22, 2017, 2017 first 2018, §162 may may may

Note 11 - Commitments and Conti

Note 11 - Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Commitments and Contingencies Disclosure [Text Block]	11. COMMITMENTS AND CONTINGENCIES We are a party to various pending or threatened claims, lawsuits and administrative proceedings seeking damages or other remedies concerning our commercial operations, products, employees and other matters, including warranty and product liability claims as a result of our products or operations. Although we can give no may not not

Note 12 - Accumulated Other Com

Note 12 - Accumulated Other Comprehensive Loss	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Comprehensive Income (Loss) Note [Text Block]	12. ACCUMULATED OTHER COMPREHENSIVE LOSS Our accumulated other comprehensive loss increased $7.8 $328.2 December 31, 2017 $336.0 March 31, 2018, first 2018 C$0.1 A$0.4 March 31, 2018.

Note 13 - Share Based Compensat

Note 13 - Share Based Compensation	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Disclosure of Compensation Related Costs, Share-based Payments [Text Block]	13. S HARE BASED COMPENSATION Our employees and non-employee directors participate in the Amended and Restated 2014 No 14.0 may Outstanding Awards Options. three March 31, 2018 2017 $0.1 March 31, 2018, zero Restricted S hare / Deferred S hare Awards. February 20, 2018, 2,018,990 three February 20, 2019. Compensation expense associated with restricted share awards and deferred share awards recognized in the three March 31, 2018 2017 $1.2 three March 31, 2018 2017 $2.4 $1.3 At March 31, 2018, $10.6 2.4 Phantom Share Awards . three March 31, 2018 2017, $3.4 $3.0 March 31, 2018, $7.8 March 31, 2018, 1.0 Performance Awards . February 20, 2018, 848,830 three February 20, 2021. 0% 200% 17 During the three March 31, 2018 2017, $1.0 $0.6 March 31, 2018, $8.6 2.2

Note 14 - Segment and Related I

Note 14 - Segment and Related Information	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Segment Reporting Disclosure [Text Block]	14. SEGMENT AND RELATED INFORMATION In accordance with current accounting standards regarding disclosures about segments of an enterprise and related information, we have identified the following reportable segments: Canada, Australia and U.S., which represent our strategic focus on workforce accommodations. Financial information by business segment for each of the three March 31, 2018 2017 Total Revenues Depreciation and A mortization Operating I ncome ( L oss) Capital E xpenditures Total A ssets Three months ended March 31, 201 8 Canada $ 63,390 $ 16,511 $ (39,930 ) $ 1,072 $ 502,998 Australia 27,875 11,117 (3,166 ) 595 338,239 U.S. 10,239 1,606 (3,264 ) 869 57,954 Corporate and eliminations -- 1,530 (6,155 ) 160 (92,220 ) Total $ 101,504 $ 30,764 $ (52,515 ) $ 2,696 $ 806,971 Three months ended March 31, 201 7 Canada $ 60,506 $ 18,413 $ (5,006 ) $ 1,051 $ 546,642 Australia 27,016 11,822 (1,201 ) 855 387,196 U.S. 3,907 1,190 (2,802 ) 424 30,523 Corporate and eliminations -- 1,404 (8,723 ) 1,553 (39,335 ) Total $ 91,429 $ 32,829 $ (17,732 ) $ 3,883 $ 925,026

Note 15 - Subsequent Events

Note 15 - Subsequent Events	3 Months Ended
	Mar. 31, 2018
Notes to Financial Statements
Subsequent Events [Text Block]	15. SUBSEQUENT EVENTS On April 2, 2018, 9 On April 2, 2018, C$207.7 US$161.1 32.8 2.0% 29.3 $30.3 first 2018. second 2018. This acquisition will be accounted for in accordance with the acquisition method of accounting for business combinations, which requires us to record the assets acquired and the liabilities assumed at their fair values on the acquisition date.

Note 3 - Revenue (Tables)

Note 3 - Revenue (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Disaggregation of Revenue [Table Text Block]	Three Months Ended March 3 1 , 2018 201 7 Canada Accommodation revenues $ 50,647 $ 56,230 Mobile facility rental revenues 7,794 559 Catering and other services revenues 3,739 3,443 Manufacturing revenues 1,210 274 Total Canada revenues 63,390 60,506 Australia Accommodation revenues $ 27,698 $ 27,016 Catering and other services revenues 177 -- Total Australia revenues 27,875 27,016 United States Accommodation revenues $ 3,166 $ 2,098 Mobile facility rental revenues 3,577 1,045 Manufacturing revenues 3,464 740 Catering and other services revenues 32 24 Total United States revenues 10,239 3,907 Total revenues $ 101,504 $ 91,429
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Table Text Block]	For the years ending December 31, 2018 2019 2020 Thereafter Total Revenue expected to be recognized as of March 31, 2018 $ 86,325 $ 76,789 $ 45,861 $ 1,913 $ 210,888

Note 5 - Details of Selected 26

Note 5 - Details of Selected Balance Sheet Accounts (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Accounts, Notes, Loans and Financing Receivable [Table Text Block]	March 31, 2018 December 31, 201 7 Accounts receivable, net: Trade $ 38,922 $ 46,692 Unbilled revenue 22,082 20,555 Other 1,197 914 Total accounts receivable 62,201 68,161 Allowance for doubtful accounts (1,319 ) (1,338 ) Total accounts receivable, net $ 60,882 $ 66,823
Schedule of Inventory, Current [Table Text Block]	March 31, 2018 December 31, 201 7 Inventories: Finished goods and purchased products $ 2,186 $ 2,211 Work in process 1,696 4,096 Raw materials 1,047 939 Total inventories $ 4,929 $ 7,246
Property, Plant and Equipment [Table Text Block]	Estimated Useful Life (in years) March 31, 2018 December 31, 201 7 Property, plant and equipment, net: Land $ 50,573 $ 40,567 Accommodations assets 3 - 15 1,630,872 1,658,867 Buildings and leasehold improvements 5 - 20 23,471 24,181 Machinery and equipment 4 - 15 8,694 8,848 Office furniture and equipment 3 - 7 53,063 53,688 Vehicles 3 - 5 13,605 13,869 Construction in progress 4,639 2,770 Total property, plant and equipment 1,784,917 1,802,790 Accumulated depreciation (1,137,889 ) (1,108,957 ) Total property, plant and equipment, net $ 647,028 $ 693,833
Schedule of Accrued Liabilities [Table Text Block]	March 31, 2018 December 31, 201 7 Accrued liabilities: Accrued compensation $ 9,423 $ 20,424 Accrued taxes, other than income taxes 2,358 1,224 Accrued interest 385 15 Other 252 545 Total accrued liabilities $ 12,418 $ 22,208

Note 7 - Acquisitions and Ass27

Note 7 - Acquisitions and Assets Held for Sale (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Disposal Groups, Including Discontinued Operations [Table Text Block]	March 31, December 31, 201 8 201 7 Assets held for sale: Property, plant and equipment, net $ 9,059 $ 9,418 Inventories -- 44 Total assets held for sale $ 9,059 $ 9,462

Note 8 - Earnings Per Share (Ta

Note 8 - Earnings Per Share (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]	THREE MONTHS ENDED MARCH 31, 201 8 201 7 Basic Loss per Share Net loss attributable to Civeo $ (55,457 ) $ (20,987 ) Less: undistributed net income to participating securities -- -- Net loss attributable to Civeo’s common shareholders - basic $ (55,457 ) $ (20,987 ) Weighted average common shares outstanding - basic 131,631 120,846 Basic loss per share $ (0.42 ) $ (0.17 ) Diluted Loss per Share Net loss attributable to Civeo’s common shareholders - basic $ (55,457 ) $ (20,987 ) Less: undistributed net income to participating securities -- -- Net loss attributable to Civeo’s common shareholders - diluted $ (55,457 ) $ (20,987 ) Weighted average common shares outstanding - basic 131,631 120,846 Effect of dilutive securities (1 ) -- -- Weighted average common shares outstanding - diluted 131,631 120,846 Diluted loss per share $ (0.42 ) $ (0.17 )

Note 9 - Debt (Tables)

Note 9 - Debt (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Long-term Debt Instruments [Table Text Block]	March 31, 201 8 December 31, 201 7 Canadian term loan, which matures on May 28, 2019; 1.25% of aggregate principal repayable per quarter; weighted average interest rate of 5.6% for the three-month period ended March 31, 2018 $ 285,517 $ 297,623 U.S. revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 7.5% for the three-month period ended March 31, 2018 -- -- Canadian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 6.4% for the three-month period ended March 31, 2018 -- -- Canadian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 6.4% for the three-month period ended March 31, 2018 -- -- Australian revolving credit facility, which matures on May 28, 2019, weighted average interest rate of 5.7% for the three-month period ended March 31, 2018 35,328 -- 320,845 297,623 Less: Unamortized debt issuance costs 2,455 3,037 Total debt 318,390 294,586 Less: Current portion of long-term debt, including unamortized debt issuance costs, net 16,175 16,596 Long-term debt, less current maturities $ 302,215 $ 277,990
Schedule Of Changes In Maximum Leverage Ratio [Table Text Block]	Period Ended Maximum Leverage Ratio March 31, 2018 4.50 : 1.00 June 30, 2018 4.50 : 1.00 September 30, 2018 4.25 : 1.00 December 31, 2018 3.75 : 1.00 March 31, 2019 & thereafter 3.50 : 1.00

Note 14 - Segment and Related30

Note 14 - Segment and Related Information (Tables)	3 Months Ended
	Mar. 31, 2018
Notes Tables
Schedule of Segment Reporting Information, by Segment [Table Text Block]	Total Revenues Depreciation and A mortization Operating I ncome ( L oss) Capital E xpenditures Total A ssets Three months ended March 31, 201 8 Canada $ 63,390 $ 16,511 $ (39,930 ) $ 1,072 $ 502,998 Australia 27,875 11,117 (3,166 ) 595 338,239 U.S. 10,239 1,606 (3,264 ) 869 57,954 Corporate and eliminations -- 1,530 (6,155 ) 160 (92,220 ) Total $ 101,504 $ 30,764 $ (52,515 ) $ 2,696 $ 806,971 Three months ended March 31, 201 7 Canada $ 60,506 $ 18,413 $ (5,006 ) $ 1,051 $ 546,642 Australia 27,016 11,822 (1,201 ) 855 387,196 U.S. 3,907 1,190 (2,802 ) 424 30,523 Corporate and eliminations -- 1,404 (8,723 ) 1,553 (39,335 ) Total $ 91,429 $ 32,829 $ (17,732 ) $ 3,883 $ 925,026

Note 1 - Description of Busin31

Note 1 - Description of Business and Basis of Presentation (Details Textual)	3 Months Ended
	Mar. 31, 2018
Number of Reportable Segments	3

Note 2 - Recent Accounting Pr32

Note 2 - Recent Accounting Pronouncements (Details Textual) - USD ($) $ in Thousands	Mar. 31, 2018	Mar. 31, 2017
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 394
Retained Earnings [Member]
Cumulative Effect of New Accounting Principle in Period of Adoption	$ 394	$ (636)

Note 3 - Revenue (Details Textu

Note 3 - Revenue (Details Textual)	3 Months Ended
	Mar. 31, 2018
Number of Reportable Segments	3

Note 3 - Revenue - Disaggregati

Note 3 - Revenue - Disaggregation of Revenue by Major Categories (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Revenues	$ 101,504	$ 91,429
Canadian Segment [Member]
Revenues	63,390	60,506
Canadian Segment [Member] | Accommodation [Member]
Revenues	50,647	56,230
Canadian Segment [Member] | Mobile Facility Rental [Member]
Revenues	7,794	559
Canadian Segment [Member] | Catering and Other Services [Member]
Revenues	3,739	3,443
Canadian Segment [Member] | Manufacturing [Member]
Revenues	1,210	274
Australian Segment [Member]
Revenues	27,875	27,016
Australian Segment [Member] | Accommodation [Member]
Revenues	27,698	27,016
Australian Segment [Member] | Catering and Other Services [Member]
Revenues	177
U.S. Segment [Member]
Revenues	10,239	3,907
U.S. Segment [Member] | Accommodation [Member]
Revenues	3,166	2,098
U.S. Segment [Member] | Mobile Facility Rental [Member]
Revenues	3,577	1,045
U.S. Segment [Member] | Catering and Other Services [Member]
Revenues	32	24
U.S. Segment [Member] | Manufacturing [Member]
Revenues	$ 3,464	$ 740

Note 3 - Revenue - Revenue Rela

Note 3 - Revenue - Revenue Related to Performance Obligations (Details) $ in Thousands	Mar. 31, 2018USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-04-01
Revenue expected to be recognized	$ 86,325
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-01-01
Revenue expected to be recognized	76,789
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2020-01-01
Revenue expected to be recognized	45,861
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-01-01
Revenue expected to be recognized	1,913
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: (nil)
Revenue expected to be recognized	$ 210,888

Note 5 - Details of Selected 36

Note 5 - Details of Selected Balance Sheet Accounts - Accounts Receivable (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accounts receivable, net:
Accounts receivable	$ 62,201	$ 68,161
Allowance for doubtful accounts	(1,319)	(1,338)
Total accounts receivable, net	60,882	66,823
Trade Accounts Receivable [Member]
Accounts receivable, net:
Accounts receivable	38,922	46,692
Unbilled Revenue [Member]
Accounts receivable, net:
Accounts receivable	22,082	20,555
Other Receivable [Member]
Accounts receivable, net:
Accounts receivable	$ 1,197	$ 914

Note 5 - Details of Selected 37

Note 5 - Details of Selected Balance Sheet Accounts - Inventories (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Inventories:
Finished goods and purchased products	$ 2,186	$ 2,211
Work in process	1,696	4,096
Raw materials	1,047	939
Total inventories	$ 4,929	$ 7,246

Note 5 - Details of Selected 38

Note 5 - Details of Selected Balance Sheet Accounts - Property, Plant and Equipment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Property, plant and equipment, gross	$ 1,784,917	$ 1,802,790
Accumulated depreciation	(1,137,889)	(1,108,957)
Total property, plant and equipment, net	647,028	693,833
Land [Member]
Property, plant and equipment, gross	50,573	40,567
Accommodations Assets [Member]
Property, plant and equipment, gross	$ 1,630,872	1,658,867
Accommodations Assets [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	3 years
Accommodations Assets [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	15 years
Building and Building Improvements [Member]
Property, plant and equipment, gross	$ 23,471	24,181
Building and Building Improvements [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	5 years
Building and Building Improvements [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	20 years
Machinery and Equipment [Member]
Property, plant and equipment, gross	$ 8,694	8,848
Machinery and Equipment [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	4 years
Machinery and Equipment [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	15 years
Furniture and Fixtures [Member]
Property, plant and equipment, gross	$ 53,063	53,688
Furniture and Fixtures [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	3 years
Furniture and Fixtures [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	7 years
Vehicles [Member]
Property, plant and equipment, gross	$ 13,605	13,869
Vehicles [Member] | Minimum [Member]
Property, plant and equipment, useful life (Year)	3 years
Vehicles [Member] | Maximum [Member]
Property, plant and equipment, useful life (Year)	5 years
Construction in Progress [Member]
Property, plant and equipment, gross	$ 4,639	$ 2,770

Note 5 - Details of Selected 39

Note 5 - Details of Selected Balance Sheet Accounts - Accrued Liabilities (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Accrued liabilities:
Accrued compensation	$ 9,423	$ 20,424
Accrued taxes, other than income taxes	2,358	1,224
Accrued interest	385	15
Other	252	545
Total accrued liabilities	$ 12,418	$ 22,208

Note 6 - Impairment Charges (De

Note 6 - Impairment Charges (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Property, Plant and Equipment, Net, Ending Balance	$ 647,028	$ 693,833
Two Lodges in Southern Alberta [Member] | Canadian Segment [Member]
Impairment of Long-Lived Assets Held-for-use	28,700
Property, Plant and Equipment, Net, Ending Balance	$ 0

Note 7 - Acquisitions and Ass41

Note 7 - Acquisitions and Assets Held for Sale (Details Textual) $ in Thousands	Feb. 28, 2018USD ($)a	Mar. 31, 2017USD ($)	Mar. 31, 2018USD ($)	Dec. 31, 2017USD ($)
Disposal Group, Including Discontinued Operation, Assets, Current, Total			$ 9,059	$ 9,462
Modular Construction and Manufacturing Plant Near Edmonton, Alberta, Canada [Member] | Canadian Segment [Member]
Disposal Group, Including Discontinued Operation, Depreciation and Amortization		$ 100
Undeveloped Land Positions in the British Columbia Segment [Member] | Canadian Segment [Member]
Disposal Group, Including Discontinued Operation, Assets, Current, Total				$ 4,200
Lakeland [Member]
Business Combination, Consideration Transferred, Total	$ 28,000
Payments to Acquire Businesses, Gross	23,500
Business Combination, Consideration Transferred, Equity Interests Issued and Issuable	4,500
Business Combination, Contingent Consideration Arrangements, Range of Outcomes, Value, High	$ 1,200
Number of Rooms	400
Area of Land | a	40
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Intangible Assets, Other than Goodwill, Total	$ 9,200
Lakeland [Member] | Customer Contracts [Member]
Finite-Lived Intangible Assets, Remaining Amortization Period	1 year 120 days

Note 7 - Acquisitions and Ass42

Note 7 - Acquisitions and Assets Held for Sale - Carrying Amount of Assets Held for Sale (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Assets held for sale:
Property, plant and equipment, net	$ 9,059	$ 9,418
Inventories		44
Total assets held for sale	$ 9,059	$ 9,462

Note 8 - Earnings Per Share (De

Note 8 - Earnings Per Share (Details Textual) - shares shares in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Employee Stock Option [Member]
Antidilutive Securities Excluded from Computation of Earnings Per Share, Amount	2.8	1.8

Note 8 - Earnings Per Share - C

Note 8 - Earnings Per Share - Calculation of Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Net loss attributable to Civeo		$ (55,457)	$ (20,987)
Less: undistributed net income to participating securities
Net loss attributable to Civeo’s common shareholders - basic		$ (55,457)	$ (20,987)
Weighted average common shares outstanding - basic (in shares)		131,631	120,846
Basic net loss per share attributable to Civeo Corporation common shareholders (in dollars per share)		$ (0.42)	$ (0.17)
Net loss attributable to Civeo’s common shareholders - basic		$ (55,457)	$ (20,987)
Less: undistributed net income to participating securities
Net loss attributable to Civeo’s common shareholders - diluted		$ (55,457)	$ (20,987)
Effect of dilutive securities (in shares)	[1]
Weighted average common shares outstanding - diluted (in shares)		131,631	120,846
Diluted net loss per share attributable to Civeo Corporation common shareholders. (in dollars per share)		$ (0.42)	$ (0.17)
[1]	When an entity has a net loss from continuing operations, it is prohibited from including potential common shares in the computation of diluted per share amounts. Accordingly, we have utilized the basic shares outstanding amount to calculate both basic and diluted loss per share for the three months ended March 31, 2018 and 2017. In the three months ended March 31, 2018 and 2017, we excluded from the calculation 2.8 million and 1.8 million share based awards, respectively, since the effect would have been anti-dilutive.

Note 9 - Debt (Details Textual)

Note 9 - Debt (Details Textual) $ in Thousands	Apr. 02, 2018USD ($)	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)	Dec. 31, 2017USD ($)
Interest Costs Capitalized Adjustment		$ 0	$ 0
Interest Coverage Ratio		3
Leverage Ratio		4.5
Line of Credit [Member] | Subsequent Event [Member] | London Interbank Offered Rate (LIBOR) [Member] | Minimum [Member] | United States of America, Dollars
Debt Instrument, Basis Spread on Variable Rate	2.25%
Line of Credit [Member] | Subsequent Event [Member] | London Interbank Offered Rate (LIBOR) [Member] | Maximum [Member] | United States of America, Dollars
Debt Instrument, Basis Spread on Variable Rate	4.00%
Line of Credit [Member] | Subsequent Event [Member] | Base Rate [Member] | Minimum [Member] | United States of America, Dollars
Debt Instrument, Basis Spread on Variable Rate	1.25%
Line of Credit [Member] | Subsequent Event [Member] | Base Rate [Member] | Minimum [Member] | Canada, Dollars
Debt Instrument, Basis Spread on Variable Rate	1.25%
Line of Credit [Member] | Subsequent Event [Member] | Base Rate [Member] | Maximum [Member] | United States of America, Dollars
Debt Instrument, Basis Spread on Variable Rate	3.00%
Line of Credit [Member] | Subsequent Event [Member] | Base Rate [Member] | Maximum [Member] | Canada, Dollars
Debt Instrument, Basis Spread on Variable Rate	3.00%
Line of Credit [Member] | Subsequent Event [Member] | Canadian Dealer Offered Rate (CDOR) [Member] | Minimum [Member] | Canada, Dollars
Debt Instrument, Basis Spread on Variable Rate	2.25%
Line of Credit [Member] | Subsequent Event [Member] | Canadian Dealer Offered Rate (CDOR) [Member] | Maximum [Member] | Canada, Dollars
Debt Instrument, Basis Spread on Variable Rate	4.00%
Line of Credit [Member] | Subsequent Event [Member] | Bank Bill Swap Bid Rate (BBSY) [Member] | Minimum [Member] | Australia, Dollars
Debt Instrument, Basis Spread on Variable Rate	2.25%
Line of Credit [Member] | Subsequent Event [Member] | Bank Bill Swap Bid Rate (BBSY) [Member] | Maximum [Member] | Australia, Dollars
Debt Instrument, Basis Spread on Variable Rate	4.00%
Amended Credit Facility [Member]
Number of Lenders		15
Amended Credit Facility [Member] | Minimum [Member]
Lender Commitments, Within Credit Agreement		$ 700
Amended Credit Facility [Member] | Maximum [Member]
Lender Commitments, Within Credit Agreement		$ 121,700
Amended Credit Facility [Member] | US Term Loan [Member]
Debt Instrument, Face Amount				$ 350,000
Revolving Credit Facility [Member] | Amended Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				275,000
Revolving Credit Facility [Member] | Amended Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 239,500
Line of Credit Facility, Maximum Borrowing Capacity, Increase (Decrease)	(35,500)
Revolving Credit Facility, U.S. Subsidiaries [Member] | Amended Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				40,000
Revolving Credit Facility, U.S. Subsidiaries [Member] | Amended Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility, Maximum Borrowing Capacity	20,000
Revolving Credit Facility, Canadian Subsidiaries [Member] | Amended Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				90,000
Revolving Credit Facility, Canadian Subsidiaries [Member] | Amended Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility, Maximum Borrowing Capacity	159,500
Revolving Credit Facility, The Company [Member] | Amended Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				60,000
Revolving Credit Facility, Australian Subsidiaries [Member] | Amended Credit Facility [Member]
Line of Credit Facility, Maximum Borrowing Capacity				$ 85,000
Revolving Credit Facility, Australian Subsidiaries [Member] | Amended Credit Facility [Member] | Subsequent Event [Member]
Line of Credit Facility, Maximum Borrowing Capacity	$ 60,000

Note 9 - Debt - Long-term Debt

Note 9 - Debt - Long-term Debt (Details) - USD ($) $ in Thousands	Mar. 31, 2018	Dec. 31, 2017
Total debt, including unamortized debt issuance costs	$ 320,845	$ 297,623
Less: Unamortized debt issuance costs	2,455	3,037
Total debt	318,390	294,586
Less: Current portion of long-term debt, including unamortized debt issuance costs, net	16,175	16,596
Long-term debt, less current maturities	302,215	277,990
Canadian Term Loan [Member]
Term loan	285,517	297,623
US Revolving Credit Facility [Member]
Revolving credit facility
Canadian Credit Facility 1 [Member]
Revolving credit facility
Canadian Credit Facility 2 [Member]
Revolving credit facility
Australian Credit Facility [Member]
Revolving credit facility	$ 35,328

Note 9 - Debt - Long-term Deb47

Note 9 - Debt - Long-term Debt (Details) (Parentheticals)	3 Months Ended
	Mar. 31, 2018
Canadian Term Loan [Member]
Maturity date	May 28, 2019
Term loan, interest rate	1.25%
Term loan, weighted-average interest rate	5.60%
US Revolving Credit Facility [Member]
Maturity date	May 28, 2019
Line of credit facility, interest rate	7.50%
Canadian Credit Facility 1 [Member]
Maturity date	May 28, 2019
Line of credit facility, interest rate	6.40%
Canadian Credit Facility 2 [Member]
Maturity date	May 28, 2019
Line of credit facility, interest rate	6.40%
Australian Credit Facility [Member]
Maturity date	May 28, 2019
Line of credit facility, interest rate	5.70%

Note 9 - Debt - Changes to Maxi

Note 9 - Debt - Changes to Maximum Leverage Ratio (Details)	3 Months Ended
	Mar. 31, 2019	Dec. 31, 2018	Sep. 30, 2018	Jun. 30, 2018	Mar. 31, 2018
Maximum Leverage Ratio					4.5
Scenario, Forecast [Member]
Maximum Leverage Ratio	3.5	3.75	4.25	4.5

Note 10 - Income Taxes (Details

Note 10 - Income Taxes (Details Textual) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Income Tax Expense (Benefit), Total	$ (685)	$ (2,948)
Effective Income Tax Rate Reconciliation, Percent, Total	1.20%	12.40%
Effective Income Tax Rate Reconciliation, Repatriation of Foreign Earnings, Amount	$ 1,000	$ 600
Minimum [Member]
Statutory Tax Rate, Foreign and Domestic	21.00%
Maximum [Member]
Statutory Tax Rate, Foreign and Domestic	30.00%

Note 12 - Accumulated Other C50

Note 12 - Accumulated Other Comprehensive Loss (Details Textual) $ in Thousands, $ in Billions, $ in Billions	Mar. 31, 2018USD ($)	Mar. 31, 2018CAD ($)	Mar. 31, 2018AUD ($)	Dec. 31, 2017USD ($)
Accumulated Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Net of Tax, Ending Balance	$ 7,800
Accumulated Other Comprehensive Income (Loss), Net of Tax, Total	$ (336,034)			$ (328,213)
Translation Adjustment Functional to Reporting Currency, Net of Tax, Ending Balance		$ 0.1	$ 0.4

Note 13 - Share Based Compens51

Note 13 - Share Based Compensation (Details Textual) $ in Thousands	Feb. 20, 2018shares	Mar. 31, 2018USD ($)shares	Mar. 31, 2017USD ($)
Share-based Compensation Arrangement by Share-based Payment Award, Number of Shares Authorized | shares		14,000,000
Allocated Share-based Compensation Expense, Total		$ 100	$ 100
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total		0
Restricted Stock and Deferred Stock Awards [Member]
Allocated Share-based Compensation Expense, Total		1,200
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Vested in Period, Fair Value		2,400	1,300
Employee Service Share-based Compensation, Nonvested Awards, Compensation Not yet Recognized, Share-based Awards Other than Options		$ 10,600
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years 146 days
Restricted Stock and Deferred Stock Awards [Member] | Civeo Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares	2,018,990
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Phantom Share Units (PSUs) [Member]
Allocated Share-based Compensation Expense, Total		$ 3,400	3,000
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		1 year
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total		$ 7,800
Performance Shares [Member]
Allocated Share-based Compensation Expense, Total		$ 1,000	$ 600
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Period for Recognition		2 years 73 days
Employee Service Share-based Compensation, Nonvested Awards, Compensation Cost Not yet Recognized, Total		$ 8,600
Performance Shares [Member] | Civeo Plan [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period | shares	848,830
Share-based Compensation Arrangement by Share-based Payment Award, Award Vesting Period	3 years
Peer Group, Number of Companies	17
Performance Shares [Member] | Civeo Plan [Member] | Minimum [Member]
Target Performance Share Award, Percentage	0.00%
Performance Shares [Member] | Civeo Plan [Member] | Maximum [Member]
Target Performance Share Award, Percentage	200.00%

Note 14 - Segment and Related52

Note 14 - Segment and Related Information - Financial Information by Business Segment (Details) - USD ($) $ in Thousands	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Total Revenues	$ 101,504	$ 91,429
Depreciation and amortization	30,764	32,829
Operating income (loss)	(52,515)	(17,732)
Capital expenditures	2,696	3,883
Total assets	806,971	925,026	$ 853,912
Canadian Segment [Member]
Total Revenues	63,390	60,506
Depreciation and amortization	16,511	18,413
Operating income (loss)	(39,930)	(5,006)
Capital expenditures	1,072	1,051
Total assets	502,998	546,642
Australian Segment [Member]
Total Revenues	27,875	27,016
Depreciation and amortization	11,117	11,822
Operating income (loss)	(3,166)	(1,201)
Capital expenditures	595	855
Total assets	338,239	387,196
U.S. Segment [Member]
Total Revenues	10,239	3,907
Depreciation and amortization	1,606	1,190
Operating income (loss)	(3,264)	(2,802)
Capital expenditures	869	424
Total assets	57,954	30,523
Corporate and Other [Member]
Total Revenues
Depreciation and amortization	1,530	1,404
Operating income (loss)	(6,155)	(8,723)
Capital expenditures	160	1,553
Total assets	$ (92,220)	$ (39,335)

Note 15 - Subsequent Events (De

Note 15 - Subsequent Events (Details Textual) $ in Thousands, shares in Millions, $ in Millions	Apr. 02, 2018USD ($)shares	Apr. 02, 2018CAD ($)shares	Mar. 31, 2018USD ($)	Mar. 31, 2017USD ($)
Proceeds from Lines of Credit, Total | $			$ 47,166	$ 34,904
Revolving Credit Facility [Member] | Amended Credit Facility [Member]
Proceeds from Lines of Credit, Total | $			$ 30,300
Noralta [Member] | Subsequent Event [Member]
Payments to Acquire Businesses, Gross	$ 161,100	$ 207.7
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares	32.8	32.8
Preferred Stock, Dividend Rate, Percentage	2.00%	2.00%
Stock Issued During Period, Shares, Convertible | shares	29.3	29.3