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INVESTMENTS IN AFFILIATES (Details) (USD $)
Share data in Millions, except Per Share data, unless otherwise specified
0 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jan. 18, 2012
Bluewater Gandria
Dec. 31, 2012
Bluewater Gandria
Dec. 31, 2013
Egyptian Company for Gas Services S.A.E
Dec. 31, 2012
Egyptian Company for Gas Services S.A.E
Dec. 31, 2011
Egyptian Company for Gas Services S.A.E
Mar. 31, 2006
Egyptian Company for Gas Services S.A.E
Dec. 31, 2013
Golar LNG Partners
Dec. 31, 2012
Golar LNG Partners
Dec. 31, 2013
Golar LNG Partners
Dec. 31, 2012
Golar LNG Partners
Dec. 13, 2012
Golar LNG Partners
Dec. 31, 2013
Golar LNG Partners
Vessels and equipment
Dec. 31, 2013
Golar LNG Partners
Vessels and equipment
Dec. 31, 2012
Golar LNG Partners
Vessels and equipment
Equity method investments acquired:                                  
Equipment Item                             8 8 7
Equity in net assets of non-consolidated investees $ 350,918,000 $ 367,656,000 $ 22,529,000                 $ 344,858,000 $ 362,064,000 $ 362,799,000 [1]      
Percentage of voting interest acquired       50.00% 50.00%       50.00%                
Purchase consideration - cash       19,500,000 19,500,000                        
Common stock purchased (in shares)                 0.5                
Common stock purchased, price per share (USD per share)                 $ 1                
Ownership percentage, equity method investment               50.00% 50.00%     25.40% [2],[3] 29.90% [2],[3]        
Investments, ownership percentage                   41.40% 54.10% 41.40% 0.00%        
Investee capital share amount called             7,500,000                    
Cash paid to maintain equity interest             3,750,000                    
Proceeds from dividends           $ 500,000 $ 100,000         $ 32,700,000          
[1] Subordinated unitsAs of December 13, 2012, we held 15.9 million units representing 100% of the subordinated units. Our holding in the subordinated units of Golar Partners have been accounted for under the equity method on the basis that the subordinated units are considered to be, in-substance, common stock for accounting purposes. The fair value on December 13, 2012, was determined based on the quoted market price of the listed common units as of the deconsolidation date but discounted principally for their non-tradability and subordinated dividend and liquidation rights during the subordination period. The subordination period will end on the satisfaction of various tests as prescribed in the Partnership Agreement, but will not end before March 31, 2016, except with our removal as the general partner. Upon the expiration of the subordination period, the subordinated units will convert into common units subject to passing certain conditions.
[2] Golar Partners and its subsidiaries were included in our consolidated financial statements until December 13, 2012, following its first AGM upon which the majority of directors were elected by the common unitholders, Golar Partners was deconsolidated and our interests in the subordinated units were accounted for under the equity method from that date (see note 5 for further details).
[3] We held a 41.4% (2012: 54.1%) ownership in Golar Partners as of December 31, 2013. However the 25.4% (2012: 29.9%) interest refers only to our interests in the subordinated units which are subject to the equity method accounting.