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INVESTMENTS IN DEBT AND EQUITY SECURITIES (Tables) | 6 Months Ended
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Jun. 30, 2021
Investments, Debt and Equity Securities [Abstract] |
Schedule of marketable securities | Investment securities held by the Company consist of the following investments in corporate bonds and equity securities:
(in thousands of $) | June 30, 2021 |  | December 31, 2020
Corporate Bonds | 8,293 |  |  | 9,431 |
Equity Securities | 14,512 |  |  | 19,374 |
Total Investment in Debt and Equity Securities | 22,805 |  |  | 28,805 |
Schedule of debt securities, available-for-sale | The corporate bonds are classified as available-for-sale securities and are recorded at fair value, with unrealized gains and losses recorded as a separate component of "Other comprehensive income".
| Six months ended June 30, 2021 |  | Year ended December 31, 2020
(in thousands of $) | Amortized Cost |  | Unrealized gains/(losses) |  | Fair value |  | Amortized Cost |  | Unrealized gains/(losses) |  | Fair value
Corporate bonds: |  |  |  |  |  |  |  |  |  |  |
NorAm Drilling Bond | 4,132 |  |  | 488 |  |  | 4,620 |  |  | 4,132 |  |  | 511 |  |  | 4,643 |
NT Rig Holdco 12% | 3,567 |  |  | 106 |  |  | 3,673 |  |  | 3,567 |  |  | 404 |  |  | 3,971 |
NT Rig Holdco 7.5% | — |  |  | — |  |  | — |  |  | 817 |  |  | — |  |  | 817 |
Total corporate bonds | 7,699 |  |  | 594 |  |  | 8,293 |  |  | 8,516 |  |  | 915 |  |  | 9,431 |
Schedule of debt and equity securities | Changes in the fair value of equity investments are recognized in net income.
(in thousands of $) | June 30, 2021 |  | December 31, 2020
Frontline | 13,032 |  |  | 9,007
NorAm Drilling | 1,480 |  |  | 1,484
ADS Maritime Holding | — |  |  | 8,883
Total Equity Securities | 14,512 |  |  | 19,374
Equity Securities pledged to creditors | 13,032 |  |  | 9,007 |

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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in other comprehensive income (available-for-sale). + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 320 -URI http://asc.fasb.org/topic&trid=2196928 + Details
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- Definition Tabular disclosure of investment in debt security measured at fair value with change in fair value recognized in net income (trading) and investment in equity security measured at fair value with change in fair value recognized in net income (FV-NI). + References No definition available. + Details
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