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(LOSSES) GAINS ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET (Tables)
12 Months Ended
Dec. 31, 2020
OTHER FINANCIAL ITEMS, NET [Abstract]  
Derivative instruments, gain (loss)
(Losses)/gains on derivative instruments comprise of the following:
(in thousands of $)202020192018
Mark-to-market adjustment for interest rate swap derivatives (note 24)(38,601)(16,485)604 
Interest (expense)/income on undesignated interest rate swaps (note 24)(6,215)6,351 8,069 
Mark-to-market adjustment for equity derivatives (note 24)(5,051)(30,478)(30,663)
Mark-to-market adjustment for foreign exchange swap derivatives(2,556)2,568 (1,151)
Unrealized mark-to-market losses on Earn-Out Units (note 14)— — (7,400)
 (52,423)(38,044)(30,541)
Components of other financial items, net
Other financial items, net comprise of the following:
(in thousands of $)202020192018
Foreign exchange loss on operations(3,221)(902)(1,997)
Financing arrangement fees and other costs(2,138)(5,735)(244)
Amortization of debt guarantee (note 25)4,111 1,242 861 
Other(304)(127)(101)
 (1,552)(5,522)(1,481)