XML 247 R84.htm IDEA: XBRL DOCUMENT v3.22.1
SEGMENT INFORMATION - Segment Reporting Information (Details) - USD ($)
$ in Thousands
 12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Segmental information:      
Total operating revenues $ 451,765 $ 438,637 $ 448,750
Vessel operating expenses (120,325) (108,926) (121,290)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) (10,774) (12,634) (38,841)
Administrative expenses (35,021) (35,311) (52,171)
Project development expenses (2,787) (8,891) (4,990)
Realized gains on oil derivative instrument (note 8) 24,772 2,539 13,089
Other operating income 5,020 3,262 10,333
Adjusted EBITDA 312,650 278,676 254,880
Income/(losses) from equity method investments 569,129 (176,527) (45,799)
Net income/(loss) from discontinued operations 568,049 (175,989) (43,284)
Total assets 4,948,295 4,314,229  
Assets held for sale 0 267,766  
Equity method investments 52,215 44,385 32,816
Capital Expenditures 219,582 325,379  
2021 Carrying value 2,877,674 2,983,073  
Severance costs 500    
Hygo Energy Transition Ltd      
Segmental information:      
Interest costs capitalized   1,900  
Golar Partners      
Segmental information:      
Equity method investment, other than temporary impairment   135,900  
Continuing operations      
Segmental information:      
Total operating revenues 451,765 438,637 448,750
Vessel operating expenses (120,325) (108,926) (121,290)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) (10,774) (12,634) (38,841)
Administrative expenses (35,021) (35,311) (52,171)
Project development expenses (2,787) (8,891) (4,990)
Realized gains on oil derivative instrument (note 8) 24,772 2,539 13,089
Other operating income 5,020 3,262 10,333
Adjusted EBITDA 312,650 278,676 254,880
Income/(losses) from equity method investments 1,080 (538) (2,515)
Total assets 4,948,295 4,046,463  
Equity method investments 52,215 44,385  
Capital Expenditures 219,582 325,379  
Discontinued operations      
Segmental information:      
Total operating revenues 0 0 0
Vessel operating expenses 0 0 0
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) 0 0 0
Administrative expenses 0 0 0
Project development expenses 0 0 0
Realized gains on oil derivative instrument (note 8) 0 0 0
Other operating income 0 0 0
Adjusted EBITDA 0 0 0
Net income/(loss) from discontinued operations 568,049 (175,989) (43,284)
Operating Segments | Shipping | Continuing operations      
Segmental information:      
Total operating revenues 202,968 191,881 208,766
Vessel operating expenses (57,010) (57,326) (66,502)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) (10,340) (12,634) (38,053)
Administrative expenses (644) (2,211) (2,220)
Project development expenses 0 (112) (964)
Realized gains on oil derivative instrument (note 8) 0 0 0
Other operating income 5,020 3,262 13,295
Adjusted EBITDA 139,994 122,860 114,322
Income/(losses) from equity method investments 0 0 0
Total assets 1,811,844 1,870,819  
Equity method investments 0 0  
Capital Expenditures 0 101,380  
Operating Segments | Vessels - FLNG | Continuing operations      
Segmental information:      
Total operating revenues 221,020 226,061 218,096
Vessel operating expenses (51,196) (52,104) (55,284)
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) (600) 0 (788)
Administrative expenses (397) (1,672) (1,526)
Project development expenses (2,974) (2,793) (3,173)
Realized gains on oil derivative instrument (note 8) 24,772 2,539 13,089
Other operating income 0 0 (2,962)
Adjusted EBITDA 190,625 172,031 167,452
Income/(losses) from equity method investments 0 0 0
Total assets 2,314,342 1,933,677  
Equity method investments 0 0  
Capital Expenditures 219,582 223,999  
Operating Segments | Corporate and other | Continuing operations      
Segmental information:      
Total operating revenues 27,777 20,695 21,888
Vessel operating expenses (12,119) 504 496
Voyage, charterhire and commission expenses (including expenses from collaborative arrangement) 166 0 0
Administrative expenses (33,980) (31,428) (48,425)
Project development expenses 187 (5,986) (853)
Realized gains on oil derivative instrument (note 8) 0 0 0
Other operating income 0 0 0
Adjusted EBITDA (17,969) (16,215) (26,894)
Income/(losses) from equity method investments 1,080 (538) $ (2,515)
Total assets 822,109 241,967  
Equity method investments 52,215 44,385  
Capital Expenditures $ 0 $ 0