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COST METHOD INVESTMENT

12 Months Ended

Dec. 31, 2017

Cost Method Investments Disclosure [Abstract]

COST METHOD INVESTMENT

19. COST METHOD INVESTMENT

(in thousands of $)	2017			2016
OLT Offshore LNG Toscana S.p.A ("OLT–O")	7,347			7,347

OLT-O is an Italian incorporated unlisted company which is involved in the construction, development, operation and maintenance of a FSRU terminal to be situated off the Livorno coast of Italy. As of December 31, 2017 and 2016, our investment in OLT-O was $7.3 million, representing a 2.7% interest in OLT–O's issued share capital. We received no dividends from our investment in OLT-O for either of the years ended December 31, 2017 and 2016.

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- Definition

Cost Method Investments Disclosure [Abstract]

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No definition available.

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The entire disclosure for investments accounted for under the cost-method. The carrying amount of such investments may be adjusted, for example, distributions in excess of cost (return of capital) or for other-than-temporary impairments. The cost method and lower-of-cost or market, an adaptation of the cost method, is generally followed for most investments in noncontrolled corporations, in some corporate joint ventures, and to a lesser extent in unconsolidated subsidiaries in which the entity does not have the ability to exercise significant influence.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 325
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=75025870&loc=d3e40691-111596

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