XML 52 R25.htm IDEA: XBRL DOCUMENT v2.4.0.8
NEWBUILDINGS
12 Months Ended
Dec. 31, 2013
NEWBUILDINGS [Abstract]  
NEWBUILDINGS
17.
NEWBUILDINGS

(in thousands of $)
2013

 
2012

Purchase price installments
718,851

 
418,062

Interest costs capitalized
30,825

 
13,897

Other costs capitalized
17,849

 
3,900

 
767,525

 
435,859



As at December 31, 2013, we have commitments for newbuilding contracts to construct eight LNG carriers and three FSRUs at a total contract cost of $2.4 billion of which $1.6 billion remains outstanding. See note 34 for the expected timing of the remaining installments to be paid.

Other capitalized costs include site supervision and other miscellaneous construction costs.

We took delivery of two newbuilds in October 2013. Upon delivery of both vessels, their total cost of $404.5 million was transferred to vessels and equipment (note 18).