EQUITY METHOD INVESTMENTS (Tables)

6 Months Ended

Jun. 30, 2016

Equity Method Investments and Joint Ventures [Abstract]

Schedule of equity method investments

(in thousands of $)	Capesize Chartering		UFC		Golden Opus Inc.		Seateam		Total
Ownership	25	%	50	%	50	%	22.29	%
At December 31, 2015	—		770		4,958		497		6,225
Dividend received from associated companies	—		—		—		(256	)	(256	)
Gain on purchase of additional capital	—		—		—		23		23
Purchase of additional capital	—		—		750		4		754
Share of (loss) income	—		(310	)	(661	)	161		(810	)
Impairment loss	—		—		(2,142	)	—		(2,142	)
At June 30, 2016	—		460		2,905		429		3,794