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DEBT (Tables)
12 Months Ended
Dec. 31, 2013
Debt Disclosure [Abstract]  
Components of long-term debt (including related parties)
(in thousands of $)
2013

 
2012

Total long-term debt due to third parties
667,028

 
504,906

Total long-term debt due to related parties
50,000

 

Total long-term debt (including related parties)
717,028

 
504,906

Less: current portion of long-term debt due to third parties and related parties
(30,784
)
 
(14,400
)
Long-term debt (including related parties)
686,244

 
490,506

Future repayments of outstanding debt (including related parties)
The outstanding debt as of December 31, 2013 is repayable as follows:

Year ending December 31,
 
(in thousands of $)
 
2014
30,784

2015
161,993

2016
25,763

2017
94,563

2018
284,395

2019 and thereafter
119,530

Total
717,028

Components of debt
At December 31, 2013 and 2012, our debt was as follows:

(in thousands of $)
2013

 
2012

 
Maturity date
World Shipholding revolving credit facility (a related party)
50,000

 

 
2015
Golar Maria facility

 
89,525

 
2014
Golar Arctic facility
91,250

 
96,250

 
2015
Golar Viking facility
86,400

 
90,800

 
2017
Convertible bonds
233,020

 
228,331

 
2017
$1.125 billion facility:
 
 
 
 
 
- Golar Seal facility
127,935

 

 
2018/2025*
- Golar Celsius facility
128,423

 

 
2018/2025*
 
717,028

 
504,906

 
 
Schedule of tranches [Table Text Block]
The facility is divided into three tranches, with the following general terms:
Tranche
Amount
Proportion of facility
Term of loan from date of drawdown
Repayment terms
K-Sure
$449.0 million
40%
12 years
Six-monthly installments
KEXIM
$450.0 million
40%
12 years
Six-monthly installments
Commercial
$226.0 million
20%
5 years
Six-monthly installments, unpaid balance to be refinanced after 5 years