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OTHER CURRENT LIABILITIES
12 Months Ended
Dec. 31, 2021
Other Liabilities Disclosure [Abstract]  
OTHER CURRENT LIABILITIES
22.OTHER CURRENT LIABILITIES
 
(in thousands of $)20212020
Deferred charter revenue3,124 5,687 
Fair value of acquired time charters2,806 5,045 
Other1,650 1,686 
 7,580 12,418 

On March 16, 2020, the Company completed the Acquisition with Trafigura and recorded $11.9 million within other current and long-term liabilities in relation to the fair value of the time charters acquired. In the year ended December 31, 2021, the Company recorded amortization of $5.0 million (2020: $4.0 million) and the remaining unamortized balance of $2.8 million (2020: $5.0 million) and nil (2020: $2.9 million), is included in Other Current Liabilities and Other Long Term Liabilities, respectively, as of December 31, 2021. See Note 5 for full details of the accounting for this transaction.