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INVESTMENTS IN AFFILIATES AND JOINT VENTURES (Tables) | 12 Months Ended
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Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract] |
Participation percentages, carrying amounts and components of non-consolidated investees | At December 31, 2016 and 2015, we have the following participation in investments that are recorded using the equity method:
| 2016 |  |  | 2015 |
Golar Partners (1) | 33.9 | % |  | 30.7 | %
Egyptian Company for Gas Services S.A.E ("ECGS") | 50 | % |  | 50 | %
Golar Power Limited ("Golar Power") | 50 | % |  | — | %
OneLNG | 51 | % |  | — | %
The Cool Pool Limited ("Pool Manager") (2) | 33 | % |  | 33 | %
(1) As of December 31, 2016, we held a 33.9% (2015: 30.7%) ownership interest in Golar Partners and 100% of IDRs. (2) Pool Manager is a Marshall Islands service company that was established in September 2015 to facilitate the joint operations under the Cool Pool. The carrying amounts of our investments in our equity method investments as at December 31, 2016 and 2015 are as follows:
(in thousands of $) | 2016 |  |  | 2015 |
Golar Partners | 507,182 |  |  | 536,090 |
ECGS | 4,864 |  |  | 5,475 |
Golar Power | 126,534 |  |  | — |
OneLNG | 10,200 |  |  | — |
Equity in net assets of affiliates | 648,780 |  |  | 541,565 |
The components of equity in net assets of non-consolidated affiliates are as follows:
(in thousands of $) | 2016 |  |  | 2015 |
Cost | 746,918 |  |  | 635,714 |
Dividend | (234,597 | ) |  | (179,079 | )
Equity in net earnings of other affiliates | 133,001 |  |  | 85,122 |
Share of other comprehensive (loss) income in affiliate | 3,458 |  |  | (192 | )
Equity in net assets of affiliates | 648,780 |  |  | 541,565 |
Summarized financial information of affiliated undertakings | Summarized financial information of the affiliated undertakings shown on a 100% basis are as follows:
(in thousands of $) | December 31, 2016 |  | December 31, 2015
| ECGS |  | Golar Partners |  | Pool Manager |  | Golar Power |  | OneLNG |  |  | ECGS |  | Golar Partners |  | Pool Manager |
Balance Sheet |  |  |  |  |  |  |  |  |
Current assets | 34,415 |  | 160,927 |  | 9,695 |  | 59,419 |  | 19,939 |  |  | 38,030 |  | 131,851 |  | 4,901 |
Non-current assets | 163 |  | 2,091,781 |  | — |  | 567,646 |  | — |  |  | 205 |  | 2,099,811 |  | — |
Current liabilities | 23,648 |  | 215,472 |  | 9,695 |  | 60,613 |  | 1,137 |  |  | 27,320 |  | 262,966 |  | 4,901 |
Non-current liabilities | 1,203 |  | 1,432,807 |  | — |  | 211,060 |  | — |  |  | 20 |  | 1,372,181 |  | — |
Non-controlling interest | — |  | 67,976 |  | — |  | — |  | — |  |  | — |  | 66,765 |  | — |
Statement of Operations |  |  |  |  |  |  |  |  |
Revenue | 60,786 |  | 441,598 |  | 73,348 |  | 4,059 |  | — |  |  | 72,298 |  | 434,687 |  | 8,356 |
Net (loss) income | (595 | ) | 185,742 |  | — |  | 21,068 |  | (1,200 | ) |  | 661 |  | 172,683 |  | — |

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- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + 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 + Details
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