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RELATED PARTY TRANSACTIONS (Tables)
12 Months Ended
Dec. 31, 2021
Related Party Transactions [Abstract]  
Schedule of Leasing Transactions with Related Party A summary of leasing transactions with SFL in the years ended December 31, 2021, 2020 and 2019 are as follows;
(in thousands of $)202120202019
Charter hire paid (principal and interest)7,830 8,248 11,745 
Lease termination receipts 3,183 — 
Lease interest expense3,895 4,628 6,940 
Contingent rental (income) expense(3,606)14,568 (2,607)
Remaining lease obligation48,466 56,277 87,930 
Schedule of Net Amounts Earned (Incurred) From Related Parties
A summary of net amounts earned from (paid to) related parties for the years ended December 31, 2021, 2020 and 2019 are as follows:
(in thousands of $)202120202019
Seatankers Management Co. Ltd1,810 7,844 18,878 
SFL2,555 2,112 1,591 
Golden Ocean3,912 5,630 6,851 
Seatankers Management Norway AS (461)(515)(705)
Alta Trading UK Limited2,942 49,238 3,197 
Seadrill Limited277 348 367 
Archer Limited 143 372 418 
Flex LNG Ltd1,637 1,289 1,195 
Avance Gas2,404 880 518 
TFG Marine786 557 — 
Front Ocean Management AS(252)— — 
Other related parties208 240 197 
Schedule of Balances Due From Related Parties
A summary of balances due from related parties at December 31, 2021 and 2020 is as follows:
(in thousands of $)20212020
SFL3,886 4,835 
Seatankers Management Co. Ltd1,546 3,578 
Archer Limited30 88 
Golden Ocean3,376 2,336 
Seadrill Limited625 25 
Alta Trading UK Limited280 1,263 
Flex LNG Ltd425 366 
TFG Marine199 16 
Avance Gas737 540 
Front Ocean Management AS402 — 
Other related parties170 208 
 11,676 13,255 
Schedule of Balances Due to Related Parties A summary of balances due to related parties at December 31, 2021 and 2020 is as follows:
(in thousands of $)20212020
SFL6,878 8,978 
Seatankers Management Co. Ltd2,226 3,147 
Golden Ocean6,016 2,040 
Flex LNG Ltd191 143 
TFG Marine 20,605 5,369 
Avance Gas334 176 
 36,250 19,853