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RELATED PARTY TRANSACTIONS (Details)
shares in Millions
 1 Months Ended 2 Months Ended 3 Months Ended 4 Months Ended 11 Months Ended 12 Months Ended
Mar. 31, 2017
USD ($)
May 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
vessel
Nov. 30, 2015
USD ($)
vessel
Jan. 31, 2015
USD ($)
vessel
contract
Dec. 31, 2014
USD ($)
vessel
Feb. 28, 2015
vessel
Dec. 31, 2016
USD ($)
vessel
Sep. 30, 2016
USD ($)
Jun. 30, 2016
USD ($)
Mar. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
vessel
Nov. 30, 2015
USD ($)
vessel
Dec. 31, 2016
USD ($)
vessel
Dec. 31, 2015
USD ($)
vessel
Dec. 31, 2014
USD ($)
vessel
Feb. 28, 2017
vessel
Feb. 29, 2016
shares
Jul. 01, 2015
USD ($)
shares
Jun. 30, 2015
USD ($)
Jan. 01, 2014
vessel
Related Party Transaction [Line Items]                                          
Number of vessels under capital lease | vessel               13           13              
Lease Termination Probability               100.00% 25.00%                        
Total vessels leased in on long-term time charters | vessel     15         13           13 15            
Management fee income                                     $ 6,500    
Profit share expense percentage                                     25.00%    
Profit share expense                           $ 50,900,000              
Newbuilding Supervision Fees                     $ 1,100,000 $ 1,500,000                  
Technical Management Fees                     $ 200,000 $ 200,000                  
Number of vessels under commercial management | vessel               5           5              
Remaining periods on these leases, minimum (in years)                           4 years              
Contingent rental expense payable               $ 159,900,000           $ 159,900,000              
Schedule of Related Party Payables                          
A summary of balances due to related parties at December 31, 2016 and 2015 is as follows:
(in thousands of $)
 
2016

 
2015

Ship Finance International Limited
 
15,495

 
23,688

Seatankers Management Co. Ltd
 
972

 
569

Seadrill Limited
 
5

 
5

Golden Ocean Group Limited
 
1,631

 
4,455

Arcadia Petroleum Limited
 
—

 
3

 
 
18,103

 
28,720

              
Schedule of leasing transactions with Ship Finance                          
A summary of leasing transactions with Ship Finance in the years ended December 31, 2016, 2015 (all of which were in the period subsequent to the Merger) and 2014 are as follows;
(in thousands of $)
 
2016

 
2015

 
2014

Charter hire paid (principal and interest)
 
93,545

 
8,355

 
—

Lease termination receipt
 
—

 
3,266

 
—

Lease interest expense
 
35,417

 
3,357

 
—

Contingent rental income
 
(18,621
)
 
—

 
—

Remaining lease obligation
 
422,600

 
533,251

 
—

              
Schedule of net amounts earned (incurred) from related parties excluding Ship Finance                          
A summary of net amounts earned (incurred) from related parties for the years ended December 31, 2016, 2015 and 2014 are as follows:
(in thousands of $)
 
2016

 
2015

 
2014

Seatankers Management Co. Ltd
 
6,057

 
460

 
—

Ship Finance International Limited
 
1,552

 
(1,226
)
 
—

Golden Ocean Group Limited
 
9,387

 
1,246

 
—

Seatankers Management Norge AS
 
919

 
(89
)
 
—

Arcadia Petroleum Limited
 
929

 
31

 
—

Seadrill Limited
 
656

 
84

 
—

Archer Limited
 
235

 
40

 
—

Flex LNG Limited
 
1,204

 
—

 
—

Deep Sea Supply Plc
 
130

 
32

 
—

North Atlantic Drilling Ltd
 
48

 
16

 
—

Frontline companies (prior to the Merger)
 
—

 
(9,562
)
 
(10,102
)
              
Schedule of related party receivables                          
A summary of balances due from related parties at December 31, 2016 and 2015 is as follows:
(in thousands of $)
 
2016

 
2015

Ship Finance International Limited
 
1,077

 
3,356

Seatankers Management Co. Ltd
 
1,060

 
1,165

Archer Ltd
 
54

 
148

VLCC Chartering Ltd
 
47

 
102

Golden Ocean Group Limited
 
1,151

 
4,099

Seadrill Limited
 
597

 
859

Deep Sea Supply Plc
 
67

 
176

Arcadia Petroleum Limited
 
198

 
201

Flex LNG Limited
 
741

 
—

North Atlantic Drilling Ltd
 
103

 
128

 
 
5,095

 
10,234


              
Contingent rental income                           $ (18,621,000) $ 0 $ 0          
Remaining lease obligation               422,600,000           422,600,000              
Related party receivables     $ 10,234,000         5,095,000           5,095,000 10,234,000            
Payables with related parties     $ (28,720,000)         (18,103,000)           (18,103,000) (28,720,000)            
Gain on cancellation of newbuilding contracts                           89,000 0 $ 0          
Frontline 2012 Ltd [Member]                                          
Related Party Transaction [Line Items]                                          
Management fee expenses                             3,200,000            
Newbuilding Supervision Fees                         $ 4,100,000   5,400,000            
Technical Management Fees                         $ 1,800,000   1,500,000            
Highlander Tankers Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Post fixture fees                           0 $ 300,000            
Consideration to assume charter-out contracts and commercially managed vessels         $ 1,800,000                                
number of vessels who Highlander ceased to act as post fixture manager | vessel           3 3                            
Number of vessels under commercial management | vessel         4                                
number of charter-out contracts assumed | contract         3                                
number of vessels managed by Highlander Tankers | vessel                             6            
Ship Finance International Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Total vessels leased in on long-term time charters | vessel     14 15                 15   14            
Management fee income                                     $ 9,000 $ 6,500  
Profit share expense percentage                                     50.00% 25.00%  
Profit share expense                           $ 50,900,000              
Number of vessels from Frontline 2012 involved in pooling arrangement | vessel                                         2
Number of shares issued | shares                                   11.0 11.0    
Remaining periods on these leases, minimum (in years)                           4 years              
amount due/from related party for vessels within pooling arrangement     $ 1,700,000         0           $ 0 $ 1,700,000            
Cash buffer per vessel                           2,000,000 2,000,000            
Contingent rental expense payable     20,600,000         12,200,000           12,200,000 20,600,000            
Number of Ship Finance vessels involved in pooling arrangement | vessel                                         2
Repayment of related party loan note, principal amount     112,700,000                                    
Number of Ship Finance vessels involved in de-rating project | vessel           2           2       2          
Repayments of Medium-term Notes     113,200,000                                    
Repayment of related party loan note, accrued interest     500,000                                    
Pool earnings allocated on a net basis                           900,000 1,400,000 $ 300,000          
Number of Frontline 2012 vessels involved in de-rating project | vessel           4           4       4          
Charter hire paid (principal and interest)                           93,545,000 8,355,000 $ 0          
Lease termination receipt       $ 3,300,000                   0 3,266,000 0          
Lease interest expense                           35,417,000 3,357,000 0          
Contingent rental income                           (18,621,000) 0 0          
Remaining lease obligation     533,251,000     $ 0   422,600,000       $ 0   422,600,000 533,251,000 0          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           1,552,000 (1,226,000) 0          
Related party receivables     3,356,000         1,077,000           1,077,000 3,356,000            
Payables with related parties     (23,688,000)         $ (15,495,000)           $ (15,495,000) (23,688,000)            
Ship Finance Leased Vessels [Member]                                          
Related Party Transaction [Line Items]                                          
Impairment of assets under capital lease                 $ 8,900,000                        
Total vessels leased in on long-term time charters | vessel               12           12              
Management fee income                                     $ 9,000    
Seatankers Management Co. Ltd [Member]                                          
Related Party Transaction [Line Items]                                          
Management fee expenses                           $ 700,000              
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           6,057,000 460,000 0          
Related party receivables     1,165,000         $ 1,060,000           1,060,000 1,165,000            
Payables with related parties     (569,000)         (972,000)           (972,000) (569,000)            
Golden Ocean Group Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Newbuilding purchase price       $ 55,700,000                                  
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           9,387,000 1,246,000 0          
Related party receivables     4,099,000         1,151,000           1,151,000 4,099,000            
Payables with related parties     (4,455,000)         (1,631,000)           (1,631,000) (4,455,000)            
Seatankers Management Norge AS [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           919,000 (89,000) 0          
Arcadia Petroleum [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           929,000 31,000 0          
Related party receivables     201,000         198,000           198,000 201,000            
Payables with related parties     (3,000)         0           0 (3,000)            
Flex LNG [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           1,204,000 0 0          
Related party receivables     0         741,000           741,000 0            
Seadrill Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           656,000 84,000 0          
Related party receivables     859,000         597,000           597,000 859,000            
Payables with related parties     (5,000)         (5,000)           (5,000) (5,000)            
Archer Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           235,000 40,000 0          
Related party receivables     148,000         54,000           54,000 148,000            
VLCC Chartering Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Related party receivables     102,000         47,000           47,000 102,000            
Deep Sea Supply Plc [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           130,000 32,000 0          
Related party receivables     176,000         67,000           67,000 176,000            
North Atlantic Drilling Ltd [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           48,000 16,000 0          
Related party receivables     $ 128,000         $ 103,000           103,000 128,000            
Frontline Companies [Member]                                          
Related Party Transaction [Line Items]                                          
Net amounts earned (incurred) from related parties excluding Ship Finance lease related balances                           $ 0 $ (9,562,000) $ (10,102,000)          
Loans Payable [Member] | Senior unsecured facility $275.0 million [Member]                                          
Related Party Transaction [Line Items]                                          
Debt Instrument, Face Amount                   $ 275,000,000.0                      
Suezmax Vessels [Member]                                          
Related Party Transaction [Line Items]                                          
Daily hire payable                                     15,000    
Suezmax Vessels [Member] | Ship Finance International Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Total vessels leased in on long-term time charters | vessel               2           2              
Daily hire payable                                     15,000    
Suezmax Vessels [Member] | Golden Ocean Group Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Number of newbuilding contracts purchased | vessel       2                 2                
Due to Related Parties       $ 1,900,000                 $ 1,900,000                
VLCC Vessels [Member]                                          
Related Party Transaction [Line Items]                                          
Daily hire payable                                     20,000    
Gain on cancellation of newbuilding contracts                           $ 2,800,000              
VLCC Vessels [Member] | Ship Finance International Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Total vessels leased in on long-term time charters | vessel               10           10              
Daily hire payable                                     $ 20,000    
Reverse acquisition [Member] | Frontline 2012 Ltd [Member]                                          
Related Party Transaction [Line Items]                                          
Management fee expenses                         $ 3,600,000                
Front Vanguard [Member] | VLCC Vessels [Member] | Ship Finance International Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Related party, Lease termination payments paid   $ 400,000                                      
Impairment of assets under capital lease                   7,300,000                      
proceeds from cancellation of newbuilding contract   $ 400,000                                      
Disposal Group, Including Discontinued Operation, Vessel Impairment Loss                   7,300,000                      
Gain on cancellation of newbuilding contracts                 100,000 $ 100,000                      
Front Century [Member] | Ship Finance International Limited [Member]                                          
Related Party Transaction [Line Items]                                          
Related party, Lease termination payments paid               $ 4,000,000                          
Front Century [Member] | Ship Finance Leased Vessels [Member]                                          
Related Party Transaction [Line Items]                                          
Impairment of assets under capital lease               $ 27,300,000 $ 5,600,000                        
Subsequent Event [Member] | VLCC Vessels [Member]                                          
Related Party Transaction [Line Items]                                          
Number of newbuilding contracts purchased | vessel                                 2        
Subsequent Event [Member] | Front Century [Member]                                          
Related Party Transaction [Line Items]                                          
Gain on cancellation of newbuilding contracts $ 20,300,000