DEBT (Tables)

6 Months Ended

Jun. 30, 2016

Debt Disclosure [Abstract]

Schedule of Debt

Debt at June 30, 2016 and December 31, 2015 is summarized as follows:

(in thousands of $)	2016		2015
U.S. dollar denominated floating rate debt	886,467		761,739
U.S. dollar denominated fixed rate debt	172,399		167,815
Seller's credit	—		4,739
Deferred charges	(6,051	)	(5,797	)
Total debt	1,052,815		928,496
Less: current portion	—		(20,380	)
	1,052,815		908,116

Schedule of Maturities of Long-term Debt

The outstanding debt at June 30, 2016 is repayable as follows;

(in thousands of $)
2016 (remaining six months)	—
2017	—
2018	84,452
2019	485,759
2020	373,339
Thereafter	142,918
	1,086,468
Amortization of purchase price adjustment and deferred charges	(33,653	)
	1,052,815