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Equity in Net Earnings of Affiliates | 6 Months Ended
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Jun. 30, 2016
Investments, Debt and Equity Securities [Abstract] |
Equity in Net Earnings of Affiliates | EQUITY IN NET EARNINGS OF AFFILIATES
(in thousands of $) | Six months to June 30, 2016 |  | Six months to June 30, 2015 |
|  | Restated |
Share of net (loss) earnings in Golar Partners | (5,525 | ) | 7,514 |
Net gain on disposal of investments in Golar Partners | — |  | 32,580 |
Share of net (loss) earnings in other affiliates | (38 | ) | 77 |
| (5,563 | ) | 40,171 |
Our share of net earnings in Golar Partners is offset by a charge of $17.1 million for each of the six months ended June 30, 2016 and 2015. This represents the amortization of the basis difference in relation to the $854.0 million gain on loss of control recognized upon deconsolidation in 2012. In January 2015 we disposed of 7.2 million common units in Golar Partners which resulted in a gain on disposal of $32.6 million The carrying amounts of our investments in our equity method investments as at June 30, 2016 and December 31, 2015 are as follows:
(in thousands of $) | June 30, 2016 |  | December 31, 2015 |
Golar Partners | 505,013 |  | 536,090 |
ECGS | 5,438 |  | 5,475 |
Equity in net assets of affiliates | 510,451 |  | 541,565 |
Golar Partners is an owner and operator of FSRUs and LNG carriers under long-term charters. As of June 30, 2016, it had a fleet of ten vessels which are managed by the Company (December 31, 2015: ten vessels).

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32787-111569 + Details
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- References No definition available. + Details
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