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CONTINGENCIES, COMMITMENTS AND RESTRICTIONS ON THE DISTRIBUTION OF PROFITS (Shareholders' equity under Luxembourg law) (Details) - USD ($) $ in Thousands | 12 Months Ended |  |
--- | --- | --- | ---
Dec. 31, 2017 | Dec. 31, 2016 | Dec. 31, 2015 | Jan. 01, 2017 | Dec. 31, 2014
Disclosure of classes of share capital [line items] |  |  |  |  |
Legal reserve | $ 200,500 | $ 200,500 | $ 200,500 |  |
Non distributable reserves | 1,400,000 | 1,400,000 | 1,400,000 |  |
Profit (Loss) for the year | 1,022,927 | 706,929 | 59,779 |  |
Total Equity | 5,852,771 | $ 5,166,593 | $ 4,802,997 |  | $ 5,634,703
Luxembourg |  |  |  |  |
Disclosure of classes of share capital [line items] |  |  |  |  |
Share capital | 2,004,743 |  |  |  |
Legal reserve | 200,474 |  |  |  |
Non distributable reserves | 1,414,122 |  |  |  |
Reserve for own shares | 59,600 |  |  |  |
Accumulated profit at January 1, 2017 |  |  |  | $ 3,135,868 |
Profit (Loss) for the year | (32,012) |  |  |  |
Total Equity | $ 6,782,795 |  |  |  |

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