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NEWBUILDINGS (Tables)
 12 Months Ended
Dec. 31, 2015
Newbuildings [Abstract]  
Components of newbuildings
(in thousands of $)
 
 
2015

2014

Purchase price installments
 
 
12,375

312,160

Interest costs capitalized
 
 
1,139

17,806

Other costs capitalized
 
 
47

14,577

 
 
 
13,561

344,543