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Segment Information (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
 
 
Nine Months Ended September 30, 2019
 
Nine Months Ended September 30, 2018
(in thousands of $)
 
Vessel operations
FLNG
Power
Other (1)
Total
 
Vessel operations
FLNG
Power
Other (1)
Total
Statement of Operations:
 
 
 
 
 
 
 
 
 
 
 
 
Total operating revenues
 
146,130

163,572

—

—

309,702

 
175,564

73,101

—

—

248,665

Depreciation and amortization
 
(48,617
)
(36,095
)
—

—

(84,712
)
 
(49,252
)
(16,142
)
—

—

(65,394
)
Other operating expenses
 
(128,950
)
(40,337
)
—

—

(169,287
)
 
(158,964
)
(30,369
)
—

—

(189,333
)
Impairment of long-term assets (2) (3)

 
(41,597
)
—

—

—

(41,597
)
 
—

—

—

—

—

Other operating gains/(losses) (note 18)
 
12,060

(34,403
)
—

—

(22,343
)
 
36,000

187,366

—

—

223,366

Operating (loss)/income
 
(60,974
)
52,737

—

—

(8,237
)
 
3,348

213,956

—

—

217,304

 
 
 
 
 
 
 
 
 
 
 
 
 
Inter segment operating income/(loss) (4)
 
553

—

—

(553
)
—

 
269

—

—

(269
)
—

Segment operating (loss)/ income
 
(60,421
)
52,737

—

(553
)
(8,237
)
 
3,617

213,956

—

(269
)
217,304

 
 
 
 
 
 
 
 
 
 
 
 
 
Equity in net (losses)/earnings of affiliates
 
(29,495
)
—

(18,135
)
—

(47,630
)
 
15,485

(2,047
)
(16,985
)
—

(3,547
)
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance Sheet:
 
September 30, 2019
 
December 31, 2018
(in thousands of $)
 
Vessel operations
FLNG
Power
Other (1)
Total
 
Vessel operations
FLNG
Power
Other (1)
Total
Total assets
 
2,791,542

1,674,541

257,537

(6,004
)
4,717,616

 
2,990,506

1,555,389

266,151

(5,451
)
4,806,595

Investment in affiliates
 
249,563

—

257,537

—

507,100

 
305,631

—

266,151

—

571,782


(1) Eliminations required for consolidation purposes.
(2) On March 29, 2019 we signed an agreement with LNG Hrvatska for the future sale of the Golar Viking once converted into an FSRU, following the completion
of its current charter lease term, which triggered an impairment indicator. The impairment loss of $34.3 million is recognized in operating costs for the write down of the Golar Viking asset to its fair value. Fair value is based on average broker valuation at date of measurement and represents the exit price in the principal LNG carrier sales market.
(3) In May 2019, a major shareholder sold its shareholding which triggered a re-assessment of the carrying value of our investment in OLT-O. This resulted in an impairment charge of $7.3 million for the write down of the carrying value in our investment in OLT-O to its fair value.
(4) Inter segment operating income/(loss) relates to management fee revenues and charter revenues between the segments.
Schedules of Concentration of Risk, by Risk Factor
For the nine months ended September 30, 2019 and 2018, revenues from the following customers accounted for over 10% of our total operating revenues, excluding vessel and other management fees:
 
Nine months ended September 30,
(in thousands of $)
2019
2018
Cool Pool (note 17)
66,691

23
%
141,024

61
%
Perenco and SNH
163,571

56
%
73,101

31
%