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INVESTMENT IN ASSOCIATED COMPANIES (Details)
shares in Millions
1 Months Ended 6 Months Ended 12 Months Ended
Oct. 31, 2013
USD ($)
Jun. 30, 2015
Rate
shares
Dec. 31, 2015
USD ($)
assets
Rate
Dec. 31, 2014
USD ($)
Dec. 31, 2013
USD ($)
Dec. 31, 2012
USD ($)
Jun. 19, 2015
USD ($)
May. 31, 2013
USD ($)
Dec. 31, 2008
vessel
Schedule of Equity Method Investments [Line Items]                  
Number of shares received | shares   55              
Equity in earnings of associated companies     $ 33,605,000 $ 33,497,000 $ 28,200,000        
Gain on sale of investment in associated company     0 6,055,000 0        
Term loan facility, amount outstanding     1,666,476,000 1,732,459,000          
Summarized balance sheet information [Abstract]                  
Due from related parties     $ 45,659,000 152,491,000          
Frontline Ltd [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Ownership percentage | Rate   27.73% 7.03%            
Equity in earnings of associated companies     $ 2,600,000 $ 0 $ 0        
Proceeds from equity method investment dividends     $ 2,800,000            
SFL West Polaris [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     0.00% 0.00% 100.00%        
Term loan facility, principal amount           $ 420,000,000      
Term loan facility, term           5 years      
Term loan facility, amount guaranteed             $ 88,000,000    
Summarized balance sheet information [Abstract]                  
Current assets     $ 0 $ 0          
Non-current assets     0 0          
Total assets     0 0          
Current liabilities     0 0          
Non-current liabilities [1]     0 0          
Total liabilities     0 0          
Total shareholders' equity     0 0          
Statement of operations information [Abstract]                  
Operating revenues     0 22,251,000 $ 23,701,000        
Net operating revenues     0 22,234,000 23,681,000        
Net income     0 4,643,000 2,324,000 [2]        
Interest payable to parent     $ 0 $ 6,500,000 $ 6,500,000        
SFL Deepwater [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     100.00% 100.00% 100.00%        
Term loan facility, principal amount $ 390,000,000                
Term loan facility, term 5 years                
Term loan facility, amount guaranteed     $ 80,000,000 $ 85,000,000          
Term loan facility, amount outstanding     $ 221,100,000 303,300,000          
Number of main assets subject of leases which includes both fixed price call options and fixed price purchase obligations     1           2
Available amount under revolving part of credit facility     $ 50,000,000 0          
Summarized balance sheet information [Abstract]                  
Current assets     33,735,000 44,297,000          
Non-current assets     366,893,000 397,191,000          
Total assets     400,628,000 441,488,000          
Current liabilities     25,221,000 38,376,000          
Non-current liabilities [1]     335,881,000 371,147,000          
Total liabilities     361,102,000 409,523,000          
Total shareholders' equity     39,526,000 31,965,000          
Due to parent     137,400,000 100,000,000          
Statement of operations information [Abstract]                  
Operating revenues     22,424,000 24,917,000 $ 46,145,000        
Net operating revenues     22,422,000 24,905,000 46,109,000        
Net income     7,561,000 8,023,000 17,747,000 [2]        
Interest payable to parent     $ 6,500,000 $ 6,500,000 $ 9,600,000        
SFL Hercules [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     100.00% 100.00% 100.00%        
Term loan facility, principal amount               $ 375,000,000  
Term loan facility, term 6 years                
Term loan facility, amount guaranteed     $ 80,000,000 $ 85,000,000          
Term loan facility, amount outstanding     256,300,000 283,700,000          
Available amount under revolving part of credit facility     50,000,000 50,000,000          
Summarized balance sheet information [Abstract]                  
Current assets     38,936,000 38,619,000          
Non-current assets     362,419,000 397,226,000          
Total assets     401,355,000 435,845,000          
Current liabilities     28,624,000 32,945,000          
Non-current liabilities [1]     354,025,000 391,500,000          
Total liabilities     382,649,000 424,445,000          
Total shareholders' equity     18,706,000 11,400,000          
Due to parent     125,300,000 135,300,000          
Statement of operations information [Abstract]                  
Operating revenues     23,315,000 24,565,000 $ 13,832,000        
Net operating revenues     23,313,000 24,544,000 13,808,000        
Net income     7,306,000 7,755,000 3,645,000        
Interest payable to parent     $ 6,500,000 $ 6,500,000 $ 3,500,000        
SFL Linus [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     100.00% 100.00% 100.00%        
Term loan facility, principal amount $ 475,000,000                
Term loan facility, term 5 years                
Term loan facility, amount guaranteed     $ 90,000,000 $ 90,000,000          
Term loan facility, amount outstanding     353,800,000 451,300,000          
Available amount under revolving part of credit facility     50,000,000 0          
Summarized balance sheet information [Abstract]                  
Current assets     47,580,000 44,352,000          
Non-current assets     482,990,000 530,348,000          
Total assets     530,570,000 574,700,000          
Current liabilities     74,610,000 51,540,000          
Non-current liabilities [1]     429,577,000 513,068,000          
Total liabilities     504,187,000 564,608,000          
Total shareholders' equity     26,383,000 10,092,000          
Due to parent     125,000,000 110,700,000          
Due from related parties     23,152,000 0          
Statement of operations information [Abstract]                  
Operating revenues     36,992,000 33,236,000 $ 0        
Net operating revenues     36,990,000 33,221,000 0        
Net income     16,134,000 12,413,000 (38,000)        
Interest payable to parent     $ 5,600,000 $ 4,900,000 $ 0        
Bluelot Shipping Company [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     0.00% 0.00% 100.00%        
Summarized balance sheet information [Abstract]                  
Current assets     $ 0 $ 0          
Non-current assets     0 0          
Total assets     0 0          
Current liabilities     0 0          
Non-current liabilities [1]     0 0          
Total liabilities     0 0          
Total shareholders' equity     0 0          
Statement of operations information [Abstract]                  
Operating revenues     0 1,171,000 $ 19,490,000        
Net operating revenues     0 232,000 2,261,000        
Net income     $ 0 $ 232,000 $ 2,261,000 [2]        
SFL Corte Real [Member]                  
Schedule of Equity Method Investments [Line Items]                  
Participation in equity method investee (in hundredths)     0.00% 0.00% 100.00%        
Summarized balance sheet information [Abstract]                  
Current assets     $ 0 $ 0          
Non-current assets     0 0          
Total assets     0 0          
Current liabilities     0 0          
Non-current liabilities [1]     0 0          
Total liabilities     0 0          
Total shareholders' equity     0 0          
Statement of operations information [Abstract]                  
Operating revenues     0 2,492,000 $ 19,624,000        
Net operating revenues     0 431,000 2,262,000        
Net income     0 431,000 2,261,000 [2]        
Total [Member]                  
Summarized balance sheet information [Abstract]                  
Current assets     120,251,000 127,268,000          
Non-current assets     1,212,302,000 1,324,765,000          
Total assets     1,332,553,000 1,452,033,000          
Current liabilities     128,455,000 122,861,000          
Non-current liabilities [1]     1,119,483,000 1,275,715,000          
Total liabilities     1,247,938,000 1,398,576,000          
Total shareholders' equity     84,615,000 53,457,000          
Statement of operations information [Abstract]                  
Operating revenues     82,731,000 108,632,000 122,792,000        
Net operating revenues     82,725,000 105,567,000 88,121,000        
Net income     $ 31,001,000 $ 33,497,000 $ 28,200,000 [2]        
[1] SFL Deepwater, SFL Hercules and SFL Linus non-current liabilities at December 31, 2015, include $137.4 million (2014: $100.0 million), $125.3 million (2014: $135.3 million) and $125.0 million (2014: $110.7 million) due to Ship Finance, respectively (see Note 23: Related party transactions). In addition, SFL Linus current liabilities at December 31, 2015, include a further $23.2 million (2014: $nil) due to Ship Finance (see Note 23: Related party transactions).
[2] The net income of SFL Deepwater, SFL West Polaris, SFL Hercules and SFL Linus in the year ended December 31, 2015, includes interest payable to Ship Finance amounting to $6.5 million (2014: $6.5 million; 2013: $9.6 million), $nil (2014: $6.5 million; 2013: $6.5 million), $6.5 million (2014: $6.5 million; 2013: $3.5 million) and $5.6 million (2014: $4.9 million; 2013: $nil), respectively (see Note 23: Related party transactions).