EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2011

EARNINGS PER SHARE [Abstract]

Components of the numerator for the calculation of basic and diluted earnings per share

The components of the numerator for the calculation of basic EPS and diluted EPS are as follows:

(in thousands of $)	2011			2010		2009
Net (loss) income attributable to Frontline Ltd.		(529,601	)		161,407		102,701
Interest expense relating to the convertible bond		-			7,228		-
Diluted net (loss) income attributable to Frontline Ltd.		(529,601	)		168,635		102,701

Weighted Average Shares Outstanding - Basic and Diluted

The components of the denominator for the calculation of basic EPS and diluted EPS are as follows:

(in thousands)	2011		2010		2009
Weighted average number of ordinary shares outstanding - basic		77,859		77,859		77,859
Stock options		-		175		8
Convertible bond		-		5,769		-
Weighted average number of ordinary shares outstanding – diluted		77,859		83,803		77,867