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SEGMENT INFORMATION (Tables)

12 Months Ended

Dec. 31, 2020

Segment Reporting [Abstract]

Segment reporting information

			Year Ended December 31, 2020
(in thousands of $)			Shipping			FLNG			Power			Corporate and other (1)			Total
Statement of Operations:
Total operating revenues			191,881			226,061			—			20,695			438,637
Vessel operating expenses			(57,326)			(52,104)			—			504			(108,926)
Voyage, charterhire and commission expenses			(12,634)			—			—			—			(12,634)
Administrative expenses			(2,211)			(1,672)			—			(31,428)			(35,311)
Project development expenses			(112)			(2,793)			—			(5,986)			(8,891)
Realized gains on oil derivative instrument (note 2)			—			2,539			—			—			2,539
Other operating income			3,262			—			—			—			3,262
Adjusted EBITDA			122,860			172,031			—			(16,215)			278,676
Equity in net losses of affiliates			—			—			(39,158)			(137,369)			(176,527)

			Year Ended December 31, 2019
(in thousands of $)			Shipping			FLNG			Power			Corporate and other (1)			Total
Statement of Operations:
Total operating revenues			208,766			218,096			—			21,888			448,750
Vessel operating expenses			(66,502)			(55,284)			—			496			(121,290)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement)			(38,053)			(788)			—			—			(38,841)
Administrative expenses			(2,220)			(1,526)			—			(48,425)			(52,171)
Project development expenses			(964)			(3,173)			—			(853)			(4,990)
Realized gains on oil derivative instrument (note 2)			—			13,089			—			—			13,089
Other operating income/(losses)			13,295			(2,962)			—			—			10,333
Adjusted EBITDA			114,322			167,452			—			(26,894)			254,880
Equity in net losses of affiliates			—			—			(23,234)			(22,565)			(45,799)

			Year Ended December 31, 2018
(in thousands of $)			Shipping			FLNG			Power			Corporate and other (1)			Total
Statement of Operations:
Total operating revenues			278,770			127,625			—			24,209			430,604
Vessel operating expenses			(67,897)			(29,363)			—			400			(96,860)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement)			(104,397)			(1,429)			—			—			(105,826)
Administrative expenses			(2,221)			(140)			—			(49,181)			(51,542)
Project development expenses			—			(16,570)			—			(5,120)			(21,690)
Realized gains on oil derivative instrument (note 2)			—			26,737			—			—			26,737
Other operating income/(losses)			50,740			(14,018)			—			—			36,722
Adjusted EBITDA			154,995			92,842			—			(29,692)			218,145
Equity in net losses of affiliates			—			(2,047)			(16,913)			(138,676)			(157,636)

(1) Includes inter-segment eliminations arising from vessel and administrative management fees revenue between segments.

			Year Ended December 31, 2020
(in thousands of $)			Shipping			FLNG			Power			Corporate and other (1)			Total
Balance sheet:
Total assets			1,870,819			1,933,677			200,337			309,396			4,314,229
Investment in affiliates			—			—			200,337			111,814			312,151
Capital expenditures			101,380			223,999			—			—			325,379

(1) During the year ended December 31, 2020, we recognized an impairment of $135.9 million against our investment in Golar Partners, presented in "Investments in affiliates" in our consolidated balance sheet. See note 14.

			Year Ended December 31, 2019
(in thousands of $)			Shipping (1)			FLNG			Power			Corporate and other			Total
Balance sheet:
Total assets			2,016,427			1,814,588			261,693			539,436			4,632,144
Investment in affiliates			—			—			261,693			247,112			508,805
Capital expenditures			35,984			383,200			—			—			419,184

(1) During the year ended December 31, 2019, we impaired the LNG Croatia by $34.3 million presented in "Vessels and equipment, net" in our consolidated balance sheet. See note 16.

Revenue by major customer

In the years ended December 31, 2020, 2019 and 2018, revenues from the following customers accounted for over 10% of our consolidated time and voyage charter and liquefaction revenues:

(in thousands of $)			2020												2019												2018
The Cool Pool (1)			—						—		%				66,691						16		%				251,070						62		%
Perenco and SNH (2)			226,061						54		%				218,096						51		%				127,625						31		%
An international major trading house			46,090						11		%				25,371						6		%				—						—		%
A European major trading house			43,536						10		%				8,908						2		%				—						—		%

(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.

(2) LTA with Perenco Cameroon S.A. ("Perenco") and Société Nationale des Hydrocarbures ("SNH"), (together, the "Customer") in relation to the Hilli. See note 7.

Revenue from External Customers by Geographic Areas

The following geographical data presents our revenues from customers and total 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, the chief operating decision makers do not evaluate our performance either according to customer or geographical region.

(in thousands of $)			2020						2019						2018
Cameroon
Liquefaction services revenue			226,061						218,096						127,625
Total assets			1,264,085						1,333,779						1,535,389

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