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VESSELS AND EQUIPMENT, NET - Market Values and Carrying Values of Vessels (Details) - USD ($) $ in Thousands | Dec. 31, 2019 | Dec. 31, 2018
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Property and equipment: |  |
2019 Carrying value | $ 3,160,549 | $ 3,271,379
Golar Arctic |  |
Property and equipment: |  |
2019 Market Value | 64,000 |
2019 Carrying value | 136,400 |
Deficit | (72,400) |
Golar Bear |  |
Property and equipment: |  |
2019 Market Value | 174,000 |
2019 Carrying value | 184,200 |
Deficit | (10,200) |
Golar Crystal |  |
Property and equipment: |  |
2019 Market Value | 172,000 |
2019 Carrying value | 178,600 |
Deficit | (6,600) |
Golar Frost |  |
Property and equipment: |  |
2019 Market Value | 174,000 |
2019 Carrying value | 187,000 |
Deficit | (13,000) |
Golar Glacier |  |
Property and equipment: |  |
2019 Market Value | 175,000 |
2019 Carrying value | 182,900 |
Deficit | (7,900) |
Golar Ice |  |
Property and equipment: |  |
2019 Market Value | 178,000 |
2019 Carrying value | 190,200 |
Deficit | (12,200) |
Golar Kelvin |  |
Property and equipment: |  |
2019 Market Value | 177,000 |
2019 Carrying value | 184,400 |
Deficit | (7,400) |
Golar Snow |  |
Property and equipment: |  |
2019 Market Value | 179,000 |
2019 Carrying value | 192,000 |
Deficit | (13,000) |
Golar Viking |  |
Property and equipment: |  |
2019 Market Value | 73,000 |
2019 Carrying value | 75,800 |
Deficit | $ (2,800) |

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- Definition Fair value portion of physical assets used in the normal conduct of business to produce goods and services and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, and furniture and fixtures. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 820 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=117815213&loc=d3e19207-110258 + Details
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- Definition Amount, net of accumulated depreciation, depletion and amortization, of long-lived physical assets excluding assets held under lease agreements used in the normal conduct of business and not intended for resale. Examples include, but are not limited to, land, buildings, machinery and equipment, office equipment, furniture and fixtures, and computer equipment. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.13) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6391035&loc=d3e2868-110229 + Details
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