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COMMITMENTS AND CONTINGENT LIABILITIES (Details)
$ in Thousands
 6 Months Ended 12 Months Ended
Jun. 30, 2016
USD ($)
vessels
vessel
subsidiaries
Dec. 31, 2015
USD ($)
Commitments and Contingencies [Line Items]    
Long-term Debt $ 1,643,997  
Contractual commitments under newbuilding contracts $ 87,000 $ 262,000
Number of wholly owned subsidiaries that have chartered-in vessels, long term | subsidiaries 2  
Number of Chartered In Vessels | vessels 2  
Term of lease or charter 15 years  
Contractual commitments relating to chartering-in agreements $ 406,100 406,100
Contractual Commitment, Initial Payment Amount Due On Delivery 30,000  
Ship Finance Ltd [Member]    
Commitments and Contingencies [Line Items]    
Long-term Debt 1,600,000  
Equity Accounted Subsidiaries [Member]    
Commitments and Contingencies [Line Items]    
Long-term Debt 932,300 831,200
Ship Finance Ltd and Equity Accounting Subsidiaries [Member]    
Commitments and Contingencies [Line Items]    
Long-term Debt 2,600,000 2,500,000
Financial Guarantee [Member]    
Commitments and Contingencies [Line Items]    
Guarantee on loan facility $ 245,000 250,000
1700 TEU Container Vessel [Member]    
Commitments and Contingencies [Line Items]    
Number of vessels not pledged under mortgages | vessel 3  
US Dollar 45 million Secured Term Loan Facility [Member]    
Commitments and Contingencies [Line Items]    
Book value of assets pledged under ship mortgages $ 2,159,000 2,087,000
Long-term Debt $ 36,000 $ 36,000