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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2019
Segment Reporting [Abstract] |
Segment reporting information |
| Year Ended December 31, 2019 |  |  |  |
(in thousands of $) | Vessel operations | FLNGs | Power | Other (1) | Total
Statement of Operations: |  |  |  |  |
Total operating revenues | 230,654 |  | 218,096 |  | — |  | — |  | 448,750 |
Depreciation and amortization | (64,945) |  | (48,088) |  | — |  | — |  | (113,033) |
Other operating expenses | (158,833) |  | (58,459) |  | — |  | — |  | (217,292) |
Impairment of long-term assets (2) (3)(4) | (42,098) |  | — |  | — |  | — |  | (42,098) |
Other operating income/(losses) | 13,295 |  | (28,963) |  | — |  | — |  | (15,668) |
Operating (losses)/income | (21,927) |  | 82,586 |  | — |  | — |  | 60,659 |
Inter segment operating income/(loss)(5) | 935 |  | — |  | — |  | (935) |  | — |
Segment operating (loss)/income | (20,992) |  | 82,586 |  | — |  | (935) |  | 60,659 |
Equity in net losses of affiliates | (22,565) |  | — |  | (23,234) |  | — |  | (45,799) |
| Year Ended December 31, 2018 |  |  |  |
(in thousands of $) | Vessel operations | FLNGs | Power | Other (1) | Total
Statement of Operations: |  |  |  |  |
Total operating revenues | 302,979 |  | 127,625 |  | — |  | — |  | 430,604 |
Depreciation and amortization | (65,496) |  | (28,193) |  | — |  | — |  | (93,689) |
Other operating expenses | (231,887) |  | (44,031) |  | — |  | — |  | (275,918) |
Other operating income | 50,740 |  | 2,749 |  | — |  | — |  | 53,489 |
Operating income | 56,336 |  | 58,150 |  | — |  | — |  | 114,486 |
Inter segment operating income/(loss)(5) | 335 |  | — |  | — |  | (335) |  | — |
Segment operating income/(loss) | 56,671 |  | 58,150 |  | — |  | (335) |  | 114,486 |
Equity in net losses of affiliates | (138,676) |  | (2,047) |  | (16,913) |  | — |  | (157,636) |
| Year Ended December 31, 2017 |  |  |  |
(in thousands of $) | Vessel operations | FLNGs | Power | Other (1) | Total
Statement of Operations: |  |  |  |  |
Total operating revenues | 143,537 |  | — |  | — |  | — |  | 143,537 |
Depreciation and amortization | (76,522) |  | — |  | — |  | — |  | (76,522) |
Other operating expenses | (163,207) |  | (4,365) |  | — |  | — |  | (167,572) |
Other operating gains and losses | — |  | 15,100 |  | — |  | — |  | 15,100 |
Operating income (loss)/income | (96,192) |  | 10,735 |  | — |  | — |  | (85,457) |
Inter segment operating income/(loss)(5) | 4,568 |  | — |  | — |  | (4,568) |  | — |
Segment operating (loss)/income | (91,624) |  | 10,735 |  | — |  | (4,568) |  | (85,457) |
Equity in net earnings/(losses) of affiliates | 1,503 |  | (8,153) |  | (18,798) |  | — |  | (25,448) |
(1) Eliminations required for consolidation purposes. (2) Impairment loss of $34.3 million relating to the Golar Viking (see note 16). (3) Impairment charge of $7.3 million for the write down of the carrying value in our investment in OLT-O to its fair value (see note 17). (4) Impairment charge of $0.5 million for the write down of the carrying value in our investment in Cool Company to its fair value (see note 14). (5) Inter segment operating income/(loss) relates to management fee revenues and charter revenues between the segments.
| Year Ended December 31, 2019 |  |  |  |
(in thousands of $) | Vessel operations | FLNGs | Power | Other (1) | Total
Balance sheet: |  |  |  |  |
Total assets | 2,583,209 |  | 1,793,628 |  | 261,693 |  | (6,386) |  | 4,632,144 |
Investment in affiliates | 247,112 |  | — |  | 261,693 |  | — |  | 508,805 |
Capital expenditures | 35,984 |  | 383,200 |  | — |  | — |  | 419,184 |
| Year Ended December 31, 2018 |  |  |  |
(in thousands of $) | Vessel operations | FLNGs | Power | Other (1) | Total
Balance sheet: |  |  |  |  |
Total assets | 2,990,506 |  | 1,555,389 |  | 266,151 |  | (5,451) |  | 4,806,595 |
Investment in affiliates | 305,631 |  | — |  | 266,151 |  | — |  | 571,782 |
Capital expenditures | 22,978 |  | 116,715 |  | — |  | — |  | 139,693 |
(1) Eliminations required for consolidation purposes.
Revenue by major customer | In the years ended December 31, 2019, 2018 and 2017, revenues from the following customers accounted for over 10% of our consolidated time and voyage charter revenues:
(in thousands of $) | 2019 |  |  |  | 2018 |  |  |  | 2017 |  |
The Cool Pool (1) | 66,691 |  |  | 16 | % |  | 251,070 |  |  | 62 | % |  | 106,302 |  |  | 91 | %
Perenco and SNH (note 7) | 218,096 |  |  | 51 | % |  | 127,625 |  |  | 31 | % |  | — |  |  | —
(1) The 2019 Cool Pool revenue of $66.7 million includes revenue of $23.4 million that is separately disclosed in the consolidated statements of operations as from a collaborative arrangement. The balance of $43.3 million was derived from Golar vessels operating within the Cool Pool, and is included within the caption "Time and voyage charter revenues" in the consolidated statements of operations. See note 25.
Revenue from External Customers by Geographic Areas | The following geographical data presents our revenues from customers and fixed assets with respect only to our FLNG, while operating under the LTA, in Cameroon. In time and voyage charters for LNG carriers (or our FSRU, operating as a LNG carrier), the charterer, not us, controls the routes of our vessels. These routes can be worldwide as determined by the charterers. Accordingly, our management, including the chief operating decision maker, do not evaluate our performance either according to customer or geographical region.
(in thousands of $) | 2019 |  | 2018 |  | 2017
Cameroon |  |  |  |  |
Liquefaction services revenue | 218,096 |  |  | 127,625 |  |  | — |
Total assets | 1,333,779 |  |  | 1,535,389 |  |  | 1,515,463 |

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- Definition Tabular disclosure of the extent of the entity's reliance on its major customers, if revenues from transactions with a single external customer amount to 10 percent or more of entity revenues, including the disclosure of that fact, the total amount of revenues from each such customer, and the identity of the reportable segment or segments reporting the revenues. The entity need not disclose the identity of a major customer or the amount of revenues that each segment reports from that customer. For these purposes, a group of companies known to the entity to be under common control is considered a single customer, and the federal government, a state government, a local government such as a county or municipality, or a foreign government is each considered a single customer. + References No definition available. + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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