XML 78 R71.htm IDEA: XBRL DOCUMENT v3.5.0.2
Restatement - Unaudited Consolidated Statements of Income (Details) - USD ($)
$ / shares in Units, $ in Thousands
 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Vessel and other management fee [1] $ 4,769 $ 6,545
Operating revenues 34,927 52,302
Vessel operating expenses 29,637 29,338
Administrative expenses 21,265 16,166
Depreciation and amortization 39,149 35,815
Total operating expenses 115,035 126,450
Gain on disposals to Golar Partners [1] 0 103,540
Impairment of vessel held-for-sale 0 (1,032)
Loss on disposal of vessel held-for-sale 0 (5,824)
Operating (loss) income (80,092) 22,536
Other non-operating income (expense)    
Dividend income [1]   0
Loss on sale of available-for-sale securities   0
Total other non-operating income   0
Financial income (expenses)    
Interest income [1] 1,091 3,910
Interest expense [1] (19,353) (34,669)
Other financial items, net (56,351) 18,851
Net financial expenses (74,613) (11,908)
(Loss) income before taxes and equity in net earnings of affiliates (154,705) 10,628
Income taxes 1,285 1,803
Equity in net (losses) earnings of affiliates (5,563) 40,171
Net (loss) income (158,983) 52,602
Net income attributable to non-controlling interests (12,229) (5,035)
Net (loss) income attributable to Golar LNG Ltd $ (171,212) $ 47,567
Basic and diluted (loss) earnings per share (in USD per share) $ (1.84) $ 0.51
Cash dividends declared and paid per share (in USD per share) $ 0.10 $ 0.90
Non-collaborative Arrangement Transactions    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Time and voyage charter revenues [1] $ 24,222 $ 45,757
Voyage and charterhire expenses [1] $ 20,474 45,131
Previously Reported    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Vessel and other management fee [1]   6,545
Operating revenues   52,302
Vessel operating expenses   29,338
Administrative expenses   16,166
Depreciation and amortization   35,815
Total operating expenses   126,450
Gain on disposals to Golar Partners [1]   103,790
Impairment of vessel held-for-sale   (1,032)
Loss on disposal of vessel held-for-sale   (5,824)
Operating (loss) income   22,786
Other non-operating income (expense)    
Dividend income [1]   7,495
Loss on sale of available-for-sale securities   (3,011)
Total other non-operating income   4,484
Financial income (expenses)    
Interest income [1]   3,910
Interest expense [1]   (34,669)
Other financial items, net   18,851
Net financial expenses   (11,908)
(Loss) income before taxes and equity in net earnings of affiliates   15,362
Income taxes   1,803
Equity in net (losses) earnings of affiliates   7,225
Net (loss) income   24,390
Net income attributable to non-controlling interests   (5,035)
Net (loss) income attributable to Golar LNG Ltd   $ 19,355
Basic and diluted (loss) earnings per share (in USD per share)   $ 0.22
Cash dividends declared and paid per share (in USD per share)   $ 0.90
Previously Reported | Non-collaborative Arrangement Transactions    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Time and voyage charter revenues [1]   $ 45,757
Voyage and charterhire expenses [1]   45,131
Adjustment    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Vessel and other management fee [1]   0
Operating revenues   0
Vessel operating expenses   0
Administrative expenses   0
Depreciation and amortization   0
Total operating expenses   0
Gain on disposals to Golar Partners [1]   (250)
Impairment of vessel held-for-sale   0
Loss on disposal of vessel held-for-sale   0
Operating (loss) income   (250)
Other non-operating income (expense)    
Dividend income [1]   (7,495)
Loss on sale of available-for-sale securities   3,011
Total other non-operating income   (4,484)
Financial income (expenses)    
Interest income [1]   0
Interest expense [1]   0
Other financial items, net   0
Net financial expenses   0
(Loss) income before taxes and equity in net earnings of affiliates   (4,734)
Income taxes   0
Equity in net (losses) earnings of affiliates   32,946
Net (loss) income   28,212
Net income attributable to non-controlling interests   0
Net (loss) income attributable to Golar LNG Ltd   $ 28,212
Basic and diluted (loss) earnings per share (in USD per share)   $ 0.00
Cash dividends declared and paid per share (in USD per share)   $ 0.00
Adjustment | Non-collaborative Arrangement Transactions    
Error Corrections and Prior Period Adjustments Restatement [Line Items]    
Time and voyage charter revenues [1]   $ 0
Voyage and charterhire expenses [1]   $ 0
[1] This includes amounts arising from transactions with related parties (see note 16).