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(GAIN) LOSS ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS (Tables)
 12 Months Ended
Dec. 31, 2016
Gain/(Loss) on sale of assets and deferred gains [Abstract]  
Gain (loss) on sale of assets and deferred gains
(in thousands of $)
 
2016

 
2015

 
2014

Net gain (loss) on sale of vessels
 
72

 
(2,062
)
 
—

(Loss) on sale of newbuilding contracts
 
—

 
(8,858
)
 
—

Amortization of deferred gains
 
228

 
132

 
—

 
 
300

 
(10,788
)
 
—