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UNAUDITED CONSOLIDATED STATEMENTS OF CHANGES IN EQUITY - USD ($)
$ in Thousands
Total
Share Capital
Treasury Shares
Additional Paid-in Capital
Contributed Surplus
 [1]
Accumulated Other Comprehensive (Loss) Income
Accumulated Retained Earnings (Losses)
Total before Non-controlling Interest
Non-controlling Interest
Beginning balance at Dec. 31, 2016 $ 1,909,826 $ 101,081 $ (20,483) $ 1,488,556 $ 200,000 $ (9,542) $ 103,650 $ 1,863,262 $ 46,564
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) (160,194) [2]           (183,526) (183,526) 23,332
Dividends (14,635)           (14,635) (14,635)  
Exercise of share options 204 27   177       204  
Grant of share options 7,866     7,866       7,866  
Forfeiture of share options (120)     (120)       (120)  
Other comprehensive income (see note 14) 1,621         1,621   1,621  
Issuance of convertible bonds 39,861     39,861       39,861  
Ending balance at Sep. 30, 2017 1,784,429 101,108 (20,483) 1,536,340 200,000 (7,921) (94,511) 1,714,533 69,896
Beginning balance at Dec. 31, 2017 1,796,304 101,119 (20,483) 1,538,191 200,000 (7,769) (95,742) 1,715,316 80,988
Increase (Decrease) in Stockholders' Equity [Roll Forward]                  
Net income (loss) 141,973 [2]           81,529 81,529 60,444
Dividends (37,958)           (22,350) (22,350) (15,608)
Exercise of share options 2,597 180   2,417       2,597  
Grant of share options 11,026     11,159     (133) 11,026  
Forfeiture of share options (1,492)     (1,492)       (1,492)  
Effect of consolidating Hilli Lessor VIE [3] 28,703               28,703
Sale of equity interest in common units [4] 177,977     304,468       304,468 (126,491)
Conversion of debt to equity (see note 13) 55,134               55,134
Other comprehensive income (see note 14) (27,868)         (27,868)   (27,868)  
Ending balance at Sep. 30, 2018 $ 2,146,396 $ 101,299 $ (20,483) $ 1,854,743 $ 200,000 $ (35,637) $ (36,696) $ 2,063,226 $ 83,170
[1] Contributed Surplus is capital that can be returned to stockholders without the need to reduce share capital, thereby giving Golar greater flexibility when it comes to declaring dividends.
[2] Following the adoption of the amendments to ASC 230, the statement of cash flows presents the change in the period in total cash, cash equivalents and restricted cash. These amendments have been applied retrospectively for the nine months ended September 30, 2017.
[3] This relates to the reserves held by the Hilli Lessor VIE as of the date that we determined ourselves to be its primary beneficiary and thus required to consolidate the VIE. See note 8.
[4] In the current quarter, we completed the dropdown of 50% of the Hilli Common Units in Golar Hilli LLC to Golar Partners. As we retain control of the entity, the dropdown is accounted for as a partial disposal within equity. See note 1.