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DEFERRED CHARGES	12 Months Ended
	Dec. 31, 2013
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
DEFERRED CHARGES	19.DEFERRED CHARGESDeferred charges represent financing costs, principally bank fees that are capitalized and amortized to other financial items over the life of the debt instrument.  If a loan is repaid early any unamortized portion of the related deferred charges is charged against income in the period in which the loan is repaid.  The deferred charges are comprised of the following amounts:(in thousands of $)2013 2012Debt arrangement fees and other deferred financing charges27,845 6,335Accumulated amortization(3,361) (2,271) 24,484 4,064The increase in debt arrangement fees and other deferred finance charges for the year ended December 31, 2013 relate to the financing costs in respect of the $1.125 billion financing facility entered by the Company in July 2013 to fund eight of the newbuildings. Amortization of deferred charges for the years ended December 31, 2013, 2012 and 2011 was $2.0 million, $1.9 million and $1.5 million, respectively.

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- Definition

Describes the nature and amounts of deferred finance costs. These are costs relating to undertaking a financing with a third party. Such costs could involve evaluating and recording guarantees, collateral, and other security arrangements, negotiating loan terms, preparing and processing loan documents, and closing the transaction. Can also be known as deferred loan costs or deferred debt issue costs. Does not include other deferred costs or deferred (policy) acquisition costs (DAC) of insurance companies.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 835

-SubTopic 30

-Section 45

-Paragraph 3

-URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 210

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SX 210.5-02.17)

-URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Glossary Direct Loan Origination Costs

-URI http://asc.fasb.org/extlink&oid=6510860

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