XML 112 R49.htm IDEA: XBRL DOCUMENT
v2.4.0.6

EQUITY IN NET ASSETS OF NON-CONSOLIDATED INVESTEES (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2011
Equity Method Investments and Joint Ventures [Abstract] |
Participation percentages, carrying amounts and components of non-consolidated investees | The carrying amounts of the Company's investments in its equity method investments as at December 31, 2011 and 2010 are as follows:
(in thousands of $) | 2011 |  |  | 2010 |
Bluewater Gandria | 17,143 |  |  | 18,648 |
ECGS | 5,294 |  |  | 1,574 |
Golar Wilhelmsen | 92 |  |  | 54 |
Equity in net assets of non-consolidated investees | 22,529 |  |  | 20,276 |
The components of equity in net assets of non-consolidated investees are as follows:
(in thousands of $) | 2011 |  |  | 2010 |
Cost | 28,868 |  |  | 24,715 |
Equity in net earnings of investees | (6,339 | ) |  | (4,439 | )
Equity in net assets of non-consolidated investees | 22,529 |  |  | 20,276 |
At December 31, 2011, the Company has the following participation in investments that are recorded using the equity method:
| 2011 |  |  | 2010 |
Bluewater Gandria NV ("Bluewater Gandria") | 50 | % |  | 50 | %
Egyptian Company for Gas Services S.A.E ("ECGS") | 50 | % |  | 50 | %
Golar Wilhelmsen Management AS ("Golar Wilhelmsen") | 60 | % |  | 60 | %

X
- Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher AICPA -Name Accounting Principles Board Opinion (APB) -Number 18 -Paragraph 20 -Subparagraph a, b -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration