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INVESTMENT IN ASSOCIATED COMPANIES (Details)
$ in Thousands, shares in Millions
 1 Months Ended 6 Months Ended 12 Months Ended
Jun. 30, 2015
Rate
shares
Oct. 31, 2013
USD ($)
May 31, 2013
Jun. 30, 2016
USD ($)
vessel
Rate
Jun. 30, 2015
USD ($)
Rate
Dec. 31, 2015
USD ($)
Rate
May 31, 2014
USD ($)
Schedule of Equity Method Investments [Line Items]              
Business Acquisition, Equity Interest Issued or Issuable, Number of Shares | shares 55            
Income/(loss) from Equity Method Investments (Frontline only)       $ 14,322 $ 17,098 $ 33,605  
Term loan facility, amount outstanding       1,643,997      
Summarized balance sheet information [Abstract]              
Current assets       120,965   120,251  
Non-current assets       1,152,779   1,207,755  
Total assets       1,273,744   1,328,006  
Current liabilities       105,680   128,455  
Non-current liabilities       1,167,893   1,114,936  
Total liabilities       1,273,573   1,243,391  
Total shareholders' equity       171   84,615  
Statement of operations information [Abstract]              
Net operating revenues       40,565 41,923 82,725  
Net income       $ 14,322 $ 15,815 $ 31,001  
SFL Hercules [Member]              
Schedule of Equity Method Investments [Line Items]              
Participation in equity method investee (in hundredths) | Rate       100.00% 100.00% 100.00%  
Debt Instrument, Face Amount             $ 375,000
Debt Instrument, Term     6 years        
Term loan facility, amount outstanding       $ 292,500      
Term loan facility, amount guaranteed       75,000      
Dividends       $ 22,000 $ 0 $ 0  
Number of main assets subject of leases which includes both fixed price call options and fixed price purchase obligations | vessel       1      
Summarized balance sheet information [Abstract]              
Current assets       $ 38,308   38,936  
Non-current assets       343,981   360,215  
Total assets       382,289   399,151  
Current liabilities       28,660   28,624  
Non-current liabilities       353,573   351,821  
Total liabilities       382,233   380,445  
Total shareholders' equity       56   18,706  
Statement of operations information [Abstract]              
Operating revenues       11,738 11,768 23,315  
Net operating revenues       11,738 11,766 23,313  
Net income       $ 3,350 $ 3,827 $ 7,306  
SFL Linus [Member]              
Schedule of Equity Method Investments [Line Items]              
Participation in equity method investee (in hundredths) | Rate       100.00% 100.00% 100.00%  
Debt Instrument, Face Amount   $ 475,000          
Debt Instrument, Term   5 years          
Term loan facility, amount outstanding       $ 380,000      
Term loan facility, amount guaranteed       90,000      
Dividends       32,000 $ 0 $ 0  
Summarized balance sheet information [Abstract]              
Current assets       48,935   47,580  
Non-current assets       458,565   482,990  
Total assets       507,500   530,570  
Current liabilities       51,564   74,610  
Non-current liabilities       455,867   429,577  
Total liabilities       507,431   504,187  
Total shareholders' equity       69   26,383  
Statement of operations information [Abstract]              
Operating revenues       17,715 18,826 36,992  
Net operating revenues       17,715 18,824 36,990  
Net income       $ 7,452 $ 8,163 16,134  
Frontline Ltd [Member]              
Schedule of Equity Method Investments [Line Items]              
Equity Method Investment, Ownership Percentage | Rate 27.73%     7.03% 27.73%    
Income/(loss) from Equity Method Investments (Frontline only)       $ 0 $ 1,300 $ 2,600  
SFL Deepwater [Member]              
Schedule of Equity Method Investments [Line Items]              
Participation in equity method investee (in hundredths) | Rate       100.00% 100.00% 100.00%  
Debt Instrument, Face Amount   $ 390,000          
Debt Instrument, Term   5 years          
Term loan facility, amount outstanding       $ 259,800      
Term loan facility, amount guaranteed       80,000      
Dividends       $ 43,000 $ 0 $ 0  
Number of main assets subject of leases which includes both fixed price call options and fixed price purchase obligations | vessel       1      
Summarized balance sheet information [Abstract]              
Current assets       $ 33,722   33,735  
Non-current assets       350,233   364,550  
Total assets       383,955   398,285  
Current liabilities       25,456   25,221  
Non-current liabilities       358,453   333,538  
Total liabilities       383,909   358,759  
Total shareholders' equity       46   39,526  
Statement of operations information [Abstract]              
Operating revenues       11,112 11,335 22,424  
Net operating revenues       11,112 11,333 22,422  
Net income       $ 3,520 3,825 7,561  
SFL Hercules and SFL Taurus [Member]              
Schedule of Equity Method Investments [Line Items]              
Number of main assets subject of leases which includes both fixed price call options and fixed price purchase obligations | vessel       2      
Customer Concentration Risk [Member]              
Statement of operations information [Abstract]              
Operating revenues       $ 40,565 $ 41,929 $ 82,731