XML 94 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
GENERAL (Details)
$ / shares in Units, T in Thousands, dwt in Millions
1 Months Ended 12 Months Ended
Feb. 03, 2016
USD ($)
$ / shares
shares
Dec. 31, 2016
USD ($)
vessel
tanker
$ / shares
shares
Dec. 31, 2017
USD ($)
vessel
tanker_size
T
$ / shares
shares
dwt
Dec. 31, 2016
USD ($)
vessel
tanker
$ / shares
shares
Dec. 31, 2015
USD ($)
vessel
$ / shares
shares
Dec. 16, 2016
$ / shares
shares
Nov. 30, 2015
USD ($)
shares
Nov. 29, 2015
Dec. 31, 2014
shares
Related Party Transaction [Line Items]                  
Shares issued (in shares) | shares     0 13,422,818 0        
Proceeds from issuance of common stock | $     $ 0 $ 98,200,000 $ 0        
Share capital, shares outstanding (in shares) | shares   169,809,324 169,809,324 169,809,324 781,937,649       635,205,000
Percentage ownership of common stock outstanding               13.00%  
Reverse stock split, conversion ratio 0.2                
Ordinary shares authorized, value | $         $ 1,000,000,000        
Ordinary shares authorized (in shares) | shares   1,000,000,000   1,000,000,000 1,000,000,000        
Ordinary shares issued (dollars per share) | $ / shares   $ 1 $ 1 $ 1 $ 1.00        
Share exchange ratio in reverse acquisition | shares             2.55    
Number of sizes of oil tankers | tanker_size     2            
Lower range of VLCC tanker size (in dry weight tonnage) | T     200            
Upper range of VLCC tanker size ((in dry weight tonnage) | T     320            
Lower range of Suezmax tanker size (in dry weight tonnage) | T     120            
Upper range of Suezmax tanker size (in dry weight tonnage) | T     170            
Lower range of LR2 tanker size (in dry weight tonnage) | T     111            
Upper range of LR2 tanker size (in dry weight tonnage) | T     115            
Number of vessels in fleet     61            
Aggregate Vessel Capacity | dwt     11.6            
Number of vessels owned     43            
Number of vessels owned, VLCCs     10            
Number of vessels owned, Suezmax tankers   6 16 6          
Number of Vessels Owned, Product Tankers     17            
Number of vessels under capital leases     9            
Number of vessels recorded as investment in finance lease, VLCCs     1            
Number of vessels under commercial management     7            
Number of vessels under commercial management, Suezmax tankers     2            
Number of Vessels Under Commercial Management, LR2     2            
Number of vessels under commercial management, product/crude oil tankers     3            
Number of newbuild vessels     5            
Number of newbuild vessels, VLCCs     4            
Number of newbuild vessels, LR2s     1            
VLCC Vessels [Member]                  
Related Party Transaction [Line Items]                  
number of vessels with an equal cost/revenue split     1            
Number of newbuild vessels   3 4 3 6        
Hemen [Member]                  
Related Party Transaction [Line Items]                  
percentage ownership of stock issue, new shares           10.00%      
Share capital, shares outstanding (in shares) | shares           82,145,703      
Percentage ownership of common stock outstanding           48.40%      
At-the-market Offering [Member]                  
Related Party Transaction [Line Items]                  
Shares issued (in shares) | shares   13,422,818   13,422,818          
Sale of stock, share price (in dollars per share) | $ / shares           $ 7.45      
Proceeds from issuance of common stock | $   $ 98,200,000              
At-the-market Offering [Member] | Hemen [Member]                  
Related Party Transaction [Line Items]                  
Shares issued (in shares) | shares   1,342,281              
Reverse stock split [Member]                  
Related Party Transaction [Line Items]                  
Share capital, shares outstanding (in shares) | shares         156,386,506        
Ordinary shares authorized, value | $ $ 500,000,000 $ 500,000,000   $ 500,000,000          
Ordinary shares authorized (in shares) | shares 500,000,000 500,000,000   500,000,000          
Ordinary shares issued (dollars per share) | $ / shares $ 1.00 $ 1.00   $ 1.00          
Reverse acquisition [Member]                  
Related Party Transaction [Line Items]                  
Number of shares held by existing shareholders to qualify for reverse acquisition | shares             1    
Share exchange ratio in reverse acquisition | shares             2.55    
Common stock, shares, issued as merger consideration | shares             583,600,000    
Common stock, shares, outstanding in Frontline 2012 prior to reverse acquisition and reverse stock split | shares             249,100,000    
Treasury stock (in shares) | $             $ 6,800,000    
Common stock, shares, outstanding that the Company owns in Frontline 2012 prior to merger | shares             13,460,000