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Debt (Tables) | 9 Months Ended
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Sep. 30, 2018
Debt Disclosure [Abstract] |
Components of Debt | As of September 30, 2018 and December 31, 2017, our debt was as follows:
(in thousands of $) | September 30, 2018 |  | December 31, 2017 |
Golar Arctic facility | 60,125 |  | 65,600 |
Golar Viking facility | 48,177 |  | 52,083 |
2017 convertible bonds | 350,148 |  | 340,173 |
Margin loan (1) | 100,000 |  | 119,125 |
FLNG Hilli facility (2) | — |  | 525,000 |
Hilli shareholder loans (6) | — |  | 49,066 |
$1.125 billion facility (7) | 179,202 |  | 195,449 |
Subtotal (excluding lessor VIE loans) | 737,652 |  | 1,346,496 |
ICBCL VIE loans (3) | 617,365 |  | 641,936 |
CCBFL VIE loan (3) | 143,849 |  | 143,849 |
CMBL VIE loan (3) | 125,937 |  | 198,613 |
COSCO Shipping VIE loan (3)(4) | 98,727 |  | 104,006 |
CSSC VIE loan (2)(3)(5) | 913,130 |  | — |
Total debt | 2,636,660 |  | 2,434,900 |
Less: Deferred finance charges | (17,080 | ) | (24,053 | )
Total debt, net of deferred finance charges | 2,619,580 |  | 2,410,847 |
(1) During July 2018, amendments to the existing margin loan facility, secured by units in Golar Partners, were completed. Although most of the existing terms remain substantially unchanged, the facility will no longer amortize. Subject to the satisfaction of certain covenants, no further principal repayments will be required ahead of maturity in March 2020. (2) In June 2018, we repaid $640.0 million on the pre-delivery credit facility and drew down $960.0 million on the post-acceptance sale and leaseback financing (the "Hilli Facility") in relation to the FLNG Hilli facility. The sale and leaseback arrangement is provided by a related party of CSSC. (3) See note 8. (4) In April 2018, the SPV, Oriental Fleet LNG 01 Limited, which owns the Golar Crystal, entered into a long-term loan facility for $101.0 million. The loan facility is provided by a related party of COSCO Shipping. The loan facility is denominated in USD, is a 10 year loan, limited to the term of the bareboat charter, bears interest at LIBOR plus a margin and is repayable in monthly installments with a balloon payment on maturity. (5) On July 12, 2018, we entered into an agreement to guarantee the debt payable by Hilli Corp to creditor Fortune Lianjiang Shipping S.A. Under the guarantee we are severally liable for any outstanding principal, interest, expenses and other amounts that are payable, on a pro rata basis to our ownership in Common Units in Golar Hilli LLC. As of September 30, 2018 the amount we have guaranteed is $456.6 million. (6) The Hilli shareholder loans were converted to equity on the Closing Date of the Hilli Disposal. (7) During October 2018, amendments to the existing $1.125 billion facility were completed, extending the term of the commercial tranche by 5 years. At September 30, 2018, our debt can be broken down as follows:
| Golar debt |  | VIE debt (1) |  | Total debt |
(in thousands of $) |  |  |
Current portion of long-term debt and short-term debt | 31,900 |  | 799,011 |  | 830,911 |
Long-term debt | 691,130 |  | 1,097,539 |  | 1,788,669 |
Total | 723,030 |  | 1,896,550 |  | 2,619,580 |
(1) These amounts relate to certain lessor entities (for which legal ownership resides with financial institutions) that we are required to consolidate under U.S. GAAP into our financial statements as variable interest entities (see note 8).

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- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
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