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CAPITAL COMMITMENTS (Tables) | 12 Months Ended
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Dec. 31, 2013
CAPITAL COMMITMENTS [Abstract] |
Fiscal year maturity schedule of capital commitments | As at December 31, 2013, the estimated timing of the installment payments for these newbuildings are due to be paid as follows:
(in thousands of $) |  |
Payable within 12 months to December 31, 2014 | 1,495,385 |
Payable within 12 months to December 31, 2015 | 152,220 |
| 1,647,605 |

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- Definition Tabular disclosure of the aggregate amount of payments due on known contractual obligations for the five years following the date of the latest balance sheet and the combined aggregate amount of maturities of known contractual obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-K (SK) -Number 229 -Section 303 -Paragraph a -Subparagraph 5 + Details
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