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Consolidated Statements of Operations (USD $)
In Thousands, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Operating revenues      
Time charter revenues $ 26,843 $ 66,313 $ 144,617
Bareboat charter revenues 24,009 33,373 47,101
Voyage charter revenues 440,584 452,890 510,808
Other income 25,754 25,785 20,969
Total operating revenues 517,190 578,361 723,495
Gain (loss) on sale of assets and amortization of deferred gains 23,558 34,759 (280,803)
Operating expenses      
Voyage expenses and commission 299,741 269,845 291,524
Ship operating expenses 109,872 118,381 159,132
Contingent rental (income) expense (7,761) 22,456 0
Charter hire expenses 4,176 37,461 65,601
Administrative expenses 31,628 33,906 35,886
Impaired Assets to be Disposed of by Method Other than Sale, Amount of Impairment Loss, Continuing Operations 103,724 4,726 121,443
Depreciation, Continuing Operations 99,802 107,437 175,890
Total operating expenses 641,182 594,212 849,476
Net operating (loss) income (100,434) 18,908 (406,784)
Other income (expenses)      
Interest income 83 130 3,958
Interest expense (90,718) (94,089) (136,042)
Equity gains (losses) of unconsolidated subsidiaries and associated companies 13,539 (4) (600)
Foreign currency exchange (loss) gain (92) 84 106
Mark to market (loss) gain on derivatives 585 1,725 (390)
Loss on sale of securities 0 0 (3,355)
Gain on redemption of debt 0 4,600 0
Debt conversion expense (12,654) 0 0
Dividends received, net 86 134 113
Other non-operating items, net 1,181 1,110 12,005
Net other expenses (89,160) (89,760) (123,425)
Net loss before income taxes and noncontrolling interest (189,594) (70,852) (530,209)
Income tax expense (284) (379) (532)
Net loss from continuing operations (189,878) (71,231) (530,741)
Net (loss) income from discontinued operations (1,204) (12,544) 1,731
Net loss (191,082) (83,775) (529,010)
Net loss (income) attributable to noncontrolling interest 2,573 1,021 (591)
Net loss attributable to Frontline Ltd. $ (188,509) $ (82,754) $ (529,601)
(Loss) earnings per share attributable to Frontline Ltd. stockholders:      
Basic and diluted loss per share from continuing operations, excluding loss attributable to noncontrolling interest ($) $ (2.35) $ (0.90) $ (6.82)
Basic and diluted (loss) earnings per share from discontinued operations ($) $ (0.01) $ (0.16) $ 0.02
Basic and diluted loss per share attributable to Frontline Ltd. ($) $ (2.36) $ (1.06) $ (6.80)
Weighted average shares outstanding, basic and diluted (in 000's) 79,751 77,859 77,859
Cash dividends per share declared $ 0.00 $ 0.00 $ 0.22