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Investments in Affiliates | 6 Months Ended
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Jun. 30, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Investments in Affiliates | INVESTMENTS IN AFFILIATES
| Six months ended June 30,
(in thousands of $) | 2021 | 2020
Share of net earnings/(losses) of Avenir (1) | 153 |  | (212) |
Share of net earnings/(losses) of others | 4 |  | (49) |
Total equity in net earnings/(losses) of affiliates | 157 |  | (261) |
The carrying amounts of our equity method investments, from continuing operations, as at June 30, 2021 and December 31, 2020 are as follows:
(in thousands of $) | June 30, 2021 | December 31, 2020
Avenir | 46,887 |  | 39,984 |
Others | 4,405 |  | 4,401 |
Total investments in affiliates | 51,292 |  | 44,385 |
(1) In March 2020, Avenir issued an Equity Shortfall Offering to its shareholders, requiring funding of an equity shortfall by means of a total equity contribution to be funded on a pro rata basis. As of June 30, 2021, we have cumulatively subscribed to 18,000,000 additional shares at $1.00 par value for consideration of $18.0 million.

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- References No definition available. + Details
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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -URI http://asc.fasb.org/topic&trid=2196965 + Details
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