NEWBUILDINGS (Tables)

6 Months Ended

Jun. 30, 2016

Newbuildings [Abstract]

Newbuilings

(in thousands of $)
Balance at December 31, 2015	338,614
Installments and newbuilding supervision fees	205,972
Interest capitalized	2,200
Transfers to Vessels and Equipment	(353,002	)
Balance at June 30, 2016	193,784