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VESSELS AND EQUIPMENT, NET (Table)
6 Months Ended
Jun. 30, 2016
Property, Plant and Equipment [Abstract]  
Summary Rollforward of Vessels and Equipment
(in thousands of $)
 
Cost

 
Accumulated Depreciation

 
Net Book Value

Balance at December 31, 2015
 
1,540,559

 
(52,354
)
 
1,488,205

Additions
 
38

 

 
 
Disposals
 
(46,127
)
 

 
 
Transfer from newbuildings
 
353,002

 

 
 
Depreciation
 

 
(30,305
)
 
 
Balance at June 30, 2016
 
1,847,472

 
(82,659
)
 
1,764,813