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Segment Information (Tables) | 6 Months Ended
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Jun. 30, 2020
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  | Six months ended June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(in thousands of $) |  | Vessel operations | FLNG | Power | Other (1) | Total |  |  |  |  |  |  |  |  |  |  |  |  |
Statement of Operations: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total operating revenues |  | 115,753 |  | 109,048 |  | — |  | — |  | 224,801 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Depreciation and amortization |  | (30,252) |  | (23,970) |  | — |  | — |  | (54,222) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating expenses |  | (56,022) |  | (28,492) |  | — |  | — |  | (84,514) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating losses |  | 532 |  | (37,081) |  | — |  | — |  | (36,549) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Operating income |  | 30,011 |  | 19,505 |  | — |  | — |  | 49,516 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Inter segment operating income/(loss) (2) |  | 327 |  | — |  | — |  | (327) |  | — |  |  |  |  |  |  |  |  |  |  |  |  |  |
Segment operating income/ (loss) |  | 30,338 |  | 19,505 |  | — |  | (327) |  | 49,516 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Equity in net losses of affiliates (note 12) |  | (147,276) |  | — |  | (30,025) |  | — |  | (177,301) |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance Sheet: |  | June 30, 2020 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
(in thousands of $) |  | Vessel operations | FLNG | Power | Other (1) | Total |  |  |  |  |  |  |  |  |  |  |  |  |
Total assets |  | 2,335,443 |  | 1,830,421 |  | 210,088 |  | (6,713) |  | 4,369,239 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Investment in affiliates (note 12) |  | 102,513 |  | — |  | 210,088 |  | — |  | 312,601 |  |  |  |  |  |  |  |  |  |  |  |  |  |
|  | Six months ended June 30, 2019 |  |  |  |
(in thousands of $) |  | Vessel operations | FLNG | Power | Other (1) | Total
Statement of Operations: |  |  |  |  |  |
Total operating revenues |  | 101,984 |  | 109,048 |  | — |  | — |  | 211,032 |
Depreciation and amortization |  | (32,182) |  | (24,102) |  | — |  | — |  | (56,284) |
Other operating expenses |  | (93,305) |  | (28,860) |  | — |  | — |  | (122,165) |
Impairment of long-term assets (3)(4) |  | (41,597) |  | — |  | — |  | — |  | (41,597) |
Other operating gains/(losses) |  | 9,260 |  | 5,183 |  | — |  | — |  | 14,443 |
Operating (loss)/income |  | (55,840) |  | 61,269 |  | — |  | — |  | 5,429 |
Inter segment operating income/(loss) (2) |  | 342 |  | — |  | — |  | (342) |  | — |
Segment operating (loss)/income |  | (55,498) |  | 61,269 |  | — |  | (342) |  | 5,429 |
Equity in net losses of affiliates (note 12) |  | (28,946) |  | — |  | (10,923) |  | — |  | (39,869) |
Balance Sheet: |  | December 31, 2019 |  |  |  |
(in thousands of $) |  | Vessel operations | FLNG | Power | Other (1) | Total
Total assets |  | 2,583,209 |  | 1,793,628 |  | 261,693 |  | (6,386) |  | 4,632,144 |
Investment in affiliates (note 12) |  | 247,112 |  | — |  | 261,693 |  | — |  | 508,805 |
(1) Eliminations required for consolidation purposes. (2) Inter segment operating income/(loss) relates to management fee revenues and charter revenues between the segments. (3) 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. (4) 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.

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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=120311839&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=120311839&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=121556970&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 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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