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INVESTMENTS IN DIRECT FINANCING AND SALES-TYPE LEASES (Components of the Investments in Direct Financing and Sales-Type Leases) (Details) $ in Thousands | 1 Months Ended | 6 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | ---
Oct. 31, 2015 | Jun. 30, 2019 USD ($) containership vessel | Dec. 31, 2018 USD ($) vessel | Sep. 30, 2018 containership | May 31, 2018 containership | Apr. 05, 2018 containership
Number of VLCCs | vessel |  | 3 | 3 |  |  |
Assets accounted for as direct financing and sales type leases | vessel |  | 26 | 24 |  |  |
Number of container vessels | containership |  | 7 |  | 3 | 4 | 15
Term of lease or charter | 15 years | 7 years | 15 years |  |  |
Term of time charter, minimum period |  | 6 years |  |  |  |
Term of time charter, maximum period |  | 8 years |  |  |  |
Total minimum lease payments to be received |  | $ 1,142,619 | $ 1,173,152 |  |  |
Less: amounts representing estimated executory costs including profit thereon, included in total minimum lease payments |  | (69,190) | (74,077) |  |  |
Net minimum lease payments receivable |  | 1,073,429 | 1,099,075 |  |  |
Estimated residual values of leased property (un-guaranteed) |  | 192,080 | 180,080 |  |  |
Less: unearned income |  | (455,658) | (476,996) |  |  |
Total investment in direct financing and sales-type leases |  | 809,851 | 802,159 |  |  |
Current portion |  | 43,807 | 39,804 |  |  |
Long-term portion |  | $ 766,044 | $ 762,355 |  |  |
MSC [Member] |  |  |  |  |  |
Assets accounted for as direct financing leases | vessel |  | 4 |  |  |  |
Assets accounted for as sales-type lease | vessel |  | 1 |  |  |  |
Term of lease or charter |  | 5 years |  |  |  |
Frontline Shipping [Member] | Solship [Member] |  |  |  |  |  |
Assets accounted for as direct financing and sales type leases | vessel |  | 4 |  |  |  |

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- Definition Estimated remaining costs to be incurred to manage, operate and service the direct financing or sales-type lease, such as vessel operating costs, taxes, maintenance and insurance and the profit thereon, that are included in the minimum lease payments. + References No definition available. + Details
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- Definition Assets accounted for as direct financing leases + References No definition available. + Details
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- Definition The estimate of the lease property's economic value at the end of the direct financing lease term, excluding any amounts guaranteed by either the lessee or a third-party. + References No definition available. + Details
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- Definition The lessor's asset under sales type and direct financing leases. The net investment in direct financing and sales-type leases as of the balance sheet date consisting of: (a) minimum lease payments due on direct financing leases, (b) unguaranteed residual value, and (c) any unamortized initial direct costs on direct financing leases; less: (i) estimated executory costs, (ii) unearned income, and (iii) the accumulated allowance for uncollectible minimum lease payments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 30 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=84165051&loc=d3e45377-112738 + Details
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