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OPERATING LEASES (Tables)

12 Months Ended

Dec. 31, 2018

Leases [Abstract]

Minimum contractual future revenues to be received on time charters

The minimum contractual future revenues to be received on time charters in respect of our vessels as of December 31, 2018, were as follows:

Year ending December 31
(in thousands of $)
2019	25,851
Total	25,851

Future minimum rental payments under non-cancellable operating leases

The future minimum rental payments under our non-cancellable operating leases are as follows:

Year ending December 31	Total
(in thousands of $)
2019	5,417
2020	3,756
2021	2,682
2022	2,425
2023 and thereafter	6,180
Total minimum lease payments	20,460

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- Definition

Tabular disclosure of minimum contractual future revenues to be received on time charters in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year.

+ References

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 840
-SubTopic 20
-Section 50
-Paragraph 2
-URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717

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