XML 44 R35.htm IDEA: XBRL DOCUMENT
v3.10.0.1

Equity in Net (Losses) Earnings of Affiliates (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Investments, Debt and Equity Securities [Abstract] |
Schedule of Equity Method Investments |
| Nine Months Ended September 30,
(in thousands of $) | 2018 |  | 2017 |
Share of net earnings (losses) in Golar Partners (1) | 15,541 |  | (1,763 | )
Share of net loss in Golar Power | (16,985 | ) | (12,460 | )
Share of net loss in OneLNG | (2,047 | ) | (5,281 | )
Share of net (loss) earnings in Egyptian Company for Gas Services ("ECGS") | (56 | ) | 404 |
| (3,547 | ) | (19,100 | )
(1) For the nine months ended September 30, 2017, our share of net earnings (losses) in Golar Partners includes a non-cash loss on deemed disposal of $17.0 million, being the dilutive impact on our ownership interest due to further issuances of common units by Golar Partners in February 2017. The carrying amounts of our investments in our equity method investments as at September 30, 2018 and December 31, 2017 are as follows:
(in thousands of $) | September 30, 2018 |  | December 31, 2017 |
Golar Partners | 438,294 |  | 467,097 |
Golar Power | 258,599 |  | 228,696 |
OneLNG (1) | — |  | 2,047 |
ECGS | 5,329 |  | 5,385 |
Equity in net assets of affiliates | 702,222 |  | 703,225 |
(1) The delays in finalizing a debt financing package for the Fortuna FLNG project, together with other capital and resource priorities, has resulted in a decision from Schlumberger to end their participation in the project. Golar and Schlumberger, as a result of this, plan to wind down OneLNG and work on FLNG projects as required on a case-by-case basis. As a result, we have written down our investment in OneLNG to $nil at September 30, 2018.

X
- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_InvestmentsDebtAndEquitySecuritiesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration