NEWBUILDINGS (Tables)

12 Months Ended

Dec. 31, 2019

NEWBUILDINGS [Abstract]

Summary roll forward of new build information

Movements in the three years ended December 31, 2019 are summarized as follows:

(in thousands of $)
Balance at December 31, 2016	308,324
Additions, net, continuing basis	707,988
Transfer to Vessels and equipment, net	(941,388	)
Interest capitalized, continuing basis	4,678
Balance at December 31, 2017	79,602
Additions, net, continuing basis	201,653
Transfer to Vessels and equipment, net	(230,596	)
Interest capitalized, continuing basis	1,595
Balance at December 31, 2018	52,254
Additions, net, continuing basis	158,846
Transfer to Vessels and equipment, net	(166,121	)
Interest capitalized, continuing basis	1,089
Balance at December 31, 2019	46,068

Newbuildings transfered to vessels and equipment [Table Text Block]

The following table sets forth certain details of our newbuildings delivered in the three years ended December 31, 2019:

(in thousands of $)
Vessel name	Vessel type	Date of delivery
Front Discovery	VLCC	April 2019
Front Defender	VLCC	January 2019
Front Empire	VLCC	January 2018
Front Princess	VLCC	January 2018
Front Polaris	LR2/ Aframax	January 2018
Front Classic	Suezmax	January 2017
Front Vega	LR2/ Aframax	January 2017
Front Antares	LR2/ Aframax	January 2017
Front Duchess	VLCC	February 2017
Front Clipper	Suezmax	March 2017
Front Crystal	Suezmax	April 2017
Front Sirius	LR2/ Aframax	April 2017
Front Coral	Suezmax	May 2017
Front Cosmos	Suezmax	June 2017
Front Castor	LR2/ Aframax	June 2017
Front Cascade	Suezmax	July 2017
Front Earl	VLCC	July 2017
Front Pollux	LR2/ Aframax	August 2017
Front Capella	LR2/ Aframax	September 2017
Front Prince	VLCC	September 2017