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INVESTMENTS IN AFFILIATES (Tables) | 12 Months Ended
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Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract] |
Participation percentages, carrying amounts and components of non-consolidated investees | At December 31, 2018 and 2017, we have the following participation in investments that are recorded using the equity method:
| 2018 |  |  | 2017 |
Golar Partners (1) | 32.0 | % |  | 31.8 | %
Egyptian Company for Gas Services S.A.E ("ECGS") | 50 | % |  | 50 | %
Golar Power | 50 | % |  | 50 | %
OneLNG | 51 | % |  | 51 | %
The Cool Pool Limited ("Pool Manager") (2) | 50 | % |  | 33 | %
Avenir LNG Limited ("Avenir") | 22.5 | % |  | — |
(1) As of December 31, 2018, we held a 32.0% (2017: 31.8%) ownership interest in Golar Partners (including our 2% general partner interest) and 100% of the IDRs. (2) The Pool Manager is a Marshall Islands service company that was established in September 2015 to facilitate the joint operations under the Cool Pool. Following the exit of one participant from the pool in June 2018, our participation increased to 50%. The carrying amounts of our investments in our equity method investments as at December 31, 2018 and 2017 are as follows:
(in thousands of $) | 2018 |  |  | 2017 |
Golar Partners | 271,160 |  |  | 467,097 |
Golar Power | 266,151 |  |  | 228,696 |
OneLNG | — |  |  | 2,047 |
Avenir | 28,710 |  |  | — |
Others (1) | 5,761 |  |  | 5,385 |
Equity in net assets of affiliates | 571,782 |  |  | 703,225 |
1 Others largely relate to our investment in ECGS amounting to $5.3 million and $5.4 million as at December 31, 2018 and 2017, respectively. The components of equity in net assets of non-consolidated affiliates are as follows:
(in thousands of $) | 2018 |  |  | 2017 |
Cost | 981,196 |  |  | 877,810 |
Dividends | (336,286 | ) |  | (287,263 | )
Equity in net earnings of affiliates | 95,458 |  |  | 107,553 |
Impairment of investment in affiliate | (149,389 | ) |  | — |
Share of other comprehensive income of affiliates | (19,197 | ) |  | 5,125 |
Equity in net assets of affiliates | 571,782 |  |  | 703,225 |
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, 2018 |  |  | December 31, 2017
| ECGS | Golar Partners | Pool Manager | Golar Power | OneLNG | Avenir |  | ECGS | Golar Partners | Pool Manager | Golar Power | OneLNG
Balance Sheet |  |  |  |  |  |  |  |  |  |  |  |
Current assets | 22,955 |  | 164,529 |  | 98,448 |  | 79,029 |  | 4,884 |  | 78,591 |  |  | 37,476 |  | 311,496 |  | 40,661 |  | 61,374 |  | 14,955 |
Non-current assets | 244 |  | 2,076,288 |  | — |  | 955,100 |  | — |  | 20,840 |  |  | 333 |  | 2,115,875 |  | — |  | 713,646 |  | — |
Current liabilities | 11,510 |  | 323,508 |  | 98,448 |  | 285,447 |  | 8,741 |  | 1,760 |  |  | 25,836 |  | 180,087 |  | 40,661 |  | 60,033 |  | 10,941 |
Non-current liabilities | 1,203 |  | 1,157,792 |  | — |  | 149,114 |  | — |  | — |  |  | 1,203 |  | 1,399,683 |  | — |  | 174,656 |  | — |
Non-controlling interests | — |  | 79,902 |  | — |  | 1,541 |  | — |  | — |  |  | — |  | 76,544 |  | — |  | — |  | — |
Statement of Operations |  |  |  |  |  |  |  |  |  |  |  |
Revenue | 30,596 |  | 346,650 |  | 346,170 |  | 78,732 |  | 7 |  | 487 |  |  | 44,052 |  | 433,102 |  | 159,460 |  | 7,354 |  | — |
Net income (loss) | 207 |  | 76,548 |  | — |  | (10,202 | ) | (6,646 | ) | (975 | ) |  | 1,047 |  | 144,848 |  | — |  | (7,899 | ) | (14,883 | )

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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://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
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