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SHORT-TERM AND LONG-TERM DEBT (Tables)
 6 Months Ended
Jun. 30, 2019
Long-term Debt, by Current and Noncurrent [Abstract]  
Schedule of short-term and long-term debt
(in thousands of $)
June 30, 2019

 
December 31, 2018

Long-term debt:
 
 
 
NOK900 million senior unsecured floating rate bonds due 2019
—

 
77,722

5.75% senior unsecured convertible bonds due 2021
212,230

 
212,230

NOK500 million senior unsecured floating rate bonds due 2020
58,582

 
57,829

4.875% senior unsecured convertible bonds due 2023
148,300

 
151,700

NOK600 million senior unsecured floating rate bonds due 2023
70,298

 
69,395

NOK700 million senior unsecured floating rate bonds due 2024
82,014

 
—

Total Fixed Rate and Foreign Debt
571,424

 
568,876

U.S. dollar denominated floating rate debt (LIBOR plus margin) due through 2025
913,207

 
891,471

Total debt principal
1,484,631

 
1,460,347

Less: Unamortized debt issuance costs
(21,939
)
 
(23,267
)
Less: Current portion of long-term debt
(188,029
)
 
(267,149
)
Total long-term debt
1,274,663

 
1,169,931


(in thousands of $)
 
 
 
 
 
 
 
 
 
Fixed Rate and Foreign Debt

 
U.S. Dollar Floating Rate Debt

 
Total debt principal

Balance at
December 31, 2018
 
568,876

 
891,471

 
1,460,347

Drawdowns
 
79,862

 
137,476

 
217,338

Repayments and redemptions
 
(81,021
)
 
(115,740
)
 
(196,761
)
Effects of foreign exchange
 
3,707

 
—

 
3,707

Balance at
June 30, 2019
 
571,424

 
913,207

 
1,484,631
Schedule of maturities of debt
The outstanding debt as of June 30, 2019 is repayable as follows:
(in thousands of $)
 
 Year ending December 31,
 
 
 
2019 (remaining six months)
76,104

2020
198,565

2021
513,236

2022
255,185

2023
280,353

Thereafter
161,188

Total debt principal
1,484,631
Schedule of debt drawdowns