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RELATED PARTY TRANSACTIONS (Tables) | 6 Months Ended
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Jun. 30, 2019
Related Party Transactions [Abstract] |
Amounts due from and to related parties, excluding direct financing lease balances | The Condensed Consolidated Balance Sheets include the following amounts due from and to related parties and associated companies, excluding direct financing lease balances (see Note 8: Investments in direct financing and sales-type leases).
(in thousands of $) | June 30, 2019 |  |  | December 31, 2018 |
Amounts due from: |  |  |
Frontline Shipping | 242 |  |  | 1,225 |
Frontline | 9,332 |  |  | 8,430 |
SFL Linus | 4,670 |  |  | 21,718 |
SFL Hercules | 1,672 |  |  | 10,125 |
Seadrill | 52 |  |  | 223 |
Other related parties | 2 |  |  | 50 |
Total amount due from related parties | 15,970 |  |  | 41,771 |
Loans to related parties - associated companies, long-term |  |  |
SFL Deepwater | 111,660 |  |  | 109,144 |
SFL Hercules | 80,000 |  |  | 80,000 |
SFL Linus | 121,000 |  |  | 121,000 |
Total loans to related parties - associated companies, long-term | 312,660 |  |  | 310,144 |
Long-term receivables from related parties |  |  |
Frontline | 10,183 |  |  | 11,170 |
Frontline Shipping | 4,446 |  |  | 4,446 |
Total long-term receivables from related parties | 14,629 |  |  | 15,616 |
Amounts due to: |  |  |
Frontline Shipping | 287 |  |  | 1,125 |
Frontline | 64 |  |  | 125 |
Golden Ocean | — |  |  | 91 |
Seatankers | 458 |  |  | — |
Other related parties | 7 |  |  | 8 |
Total amount due to related parties | 816 |  |  | 1,349 |
Summary of leasing revenues earned from related parties | A summary of leasing revenues and repayments from Frontline Shipping and Golden Ocean is as follows:
| Six months ended |  | Year ended |
(in thousands of $) | June 30, 2019 |  |  | June 30, 2018 |  |  | December 31, 2018 |
Operating lease income | 25,752 |  |  | 26,498 |  |  | 53,258 |
Direct financing lease interest income | 1,932 |  |  | 5,986 |  |  | 9,623 |
Finance lease service revenue | 4,887 |  |  | 13,428 |  |  | 22,095 |
Direct financing lease repayments | 3,981 |  |  | 10,247 |  |  | 16,802 |
Profit share | 1,547 |  |  | — |  |  | 1,779 |
In addition to leasing revenues and repayments, the Company incurred the following fees with related parties:
| Six months ended |  | Year ended |
(in thousands of $) | June 30, 2019 |  |  | June 30, 2018 |  |  | December 31, 2018 |
Frontline: |  |  |  |  |
Vessel Management Fees | 5,873 |  |  | 14,351 |  |  | 24,033 |
Commissions and Brokerage | 167 |  |  | 132 |  |  | 287 |
Administration Services Fees | 162 |  |  | 161 |  |  | 323 |
Golden Ocean: |  |  |  |  |
Vessel Management Fees | 10,136 |  |  | 10,136 |  |  | 20,440 |
Operating Management Fees | 443 |  |  | 360 |  |  | 793 |
Seatankers: |  |  |  |  |
Administration Services Fees | 458 |  |  | 145 |  |  | 290 |
Office Facilities: |  |  |  |  |
Seatankers Management Norway AS | 52 |  |  | 55 |  |  | 108 |
Frontline Management AS | 102 |  |  | 73 |  |  | 185 |
Frontline Corporate Services Ltd | 120 |  |  | 61 |  |  | 166 |

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