XML 50 R43.htm IDEA: XBRL DOCUMENT
v3.21.2

Investments in Affiliates (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2021
Equity Method Investments and Joint Ventures [Abstract] |
Schedule of Equity Method Investments |
| Nine months ended September 30,
(in thousands of $) | 2021 | 2020
Share of net losses of Avenir | (382) |  | (154) |
Share of net losses of others | (179) |  | (237) |
Total equity in net losses of affiliates | (561) |  | (391) |
The carrying amounts of our equity method investments, from continuing operations, as at September 30, 2021 and December 31, 2020 are as follows:
(in thousands of $) | September 30, 2021 | December 31, 2020
Avenir (1) | 46,352 |  | 39,984 |
Others | 4,221 |  | 4,401 |
Total investments in affiliates | 50,573 |  | 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 September 30, 2021, we have cumulatively subscribed to 18,000,000 additional shares at $1.00 par value for consideration of $18.0 million.

X
- References No definition available. + Details
Name: | us-gaap_EquityMethodInvestmentsAndJointVenturesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of equity method investments including, but not limited to, name of each investee or group of investments, percentage ownership, difference between recorded amount of an investment and the value of the underlying equity in the net assets, and summarized financial information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571 + Details
Name: | us-gaap_EquityMethodInvestmentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration