XML 26 R48.htm IDEA: XBRL DOCUMENT
v2.4.0.8

DECONSOLIDATION OF GOLAR PARTNERS (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2013
Deconsolidation [Abstract] |
Components of gain on loss of control | The gain on loss of control is calculated as follows:
(in thousands of $) |  | As of deconsolidation date (December 13, 2012) |
Fair value of investment in Golar Partners (a) |  | 900,926 |
Carrying value of the non-controlling interest in Golar Partners |  | 179,285 |
Subtotal |  | 1,080,211 |
Less: |  |
Carrying value of Golar Partner's net assets |  | 238,409 |
Guarantees issued to Golar Partners (c) |  | 23,266 |
Accumulated other comprehensive loss relating to Golar Partners (d) |  | 8,989 |
Deferred tax benefit on intra-group transfers of long-term assets (f) |  | (44,449 | )
Gain on loss of control of Golar Partners |  | 853,996 |
Components of ownership interest | Our residual interest in Golar Partners as of December 13, 2012 comprised of the following:
(in thousands of $) | As of December 13, 2012 |
Common units (i) | 346,950 |
General Partner units and Incentive Distribution Rights ("IDRs") (ii) | 191,177 |
Subordinated units (iii) | 362,799 |
| 900,926 |
Accounting for basis difference in fair value and book value |
(in thousands of $) | Book value |  | Fair value |  | Basis difference |  | Golar's share of the basis difference
| 100% |  | 100% |  | 100% |  | 24.8%*
Vessels and equipment and vessels under capital leases (i) | 1,192,779 |  |  | 1,687,162 |  |  | 494,383 |  |  | 122,591 |
Charter agreements (ii) | — |  |  | 508,631 |  |  | 508,631 |  |  | 126,124 |
Goodwill (iii) | — |  |  | 445,100 |  |  | 445,100 |  |  | 110,371 |
| 1,192,779 |  |  | 2,640,893 |  |  | 1,448,114 |  |  | 359,086 |
*Our share of the basis difference is with reference to our holding in the subordinated units only. The basis difference has been accounted for as follows: (i) The basis difference assigned to vessels and equipment is being depreciated over the remaining estimated useful lives of the vessels and is recorded as a component of "Equity in net earnings (losses) of affiliates". (ii) The basis difference relating to the charter agreements is being amortized over the remaining term of the charters and is recorded as a component of "Equity in net earnings (losses) of affiliates". (iii) For the assigned goodwill, we will recognize our share of any impairment charge recorded by Golar Partners and consider the effect, if any, of the impairment on the assigned goodwill.
Components of fair value of guarantees | he fair value of the guarantees amounted to a liability of $23.3 million which is recorded in "Other long-term liabilities" and comprised of the following items:
(in thousands of $) |  | As of December 13, 2012 |
Debt guarantees |  | 4,548 |
Golar Grand Option |  | 7,217 |
Methane Princess tax lease indemnity |  | 11,500 |
|  | 23,265 |

X
- Details
Name: | glng_DeconsolidationAbstract
Namespace Prefix: | glng_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Basis Difference in Fair Value [Table Text Block] + References No definition available. + Details
Name: | glng_ScheduleOfBasisDifferenceInFairValueTableTextBlock
Namespace Prefix: | glng_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Components of Ownership Interest [Table Text Block] + References No definition available. + Details
Name: | glng_ScheduleOfComponentsOfOwnershipInterestTableTextBlock
Namespace Prefix: | glng_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of Gain (Loss) on Loss of Control in Investment [Table Text Block] + References No definition available. + Details
Name: | glng_ScheduleOfGainLossOnLossOfControlInInvestmentTableTextBlock
Namespace Prefix: | glng_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of each guarantee obligation, or each group of similar guarantee obligations, including (a) the nature of the guarantee, including its term, how it arose, and the events or circumstances that would require the guarantor to perform under the guarantee; (b) the maximum potential amount of future payments (undiscounted) the guarantor could be required to make under the guarantee; (c) the current carrying amount of the liability, if any, for the guarantor's obligations under the guarantee; and (d) the nature of any recourse provisions under the guarantee, and any assets held either as collateral or by third parties, and any relevant related party disclosure. Excludes disclosures about product warranties. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12069-110248 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 460 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6851643&loc=d3e12265-110248 + Details
Name: | us-gaap_ScheduleOfGuaranteeObligationsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration