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VESSELS AND EQUIPMENT, NET (Tables) | 6 Months Ended
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Jun. 30, 2021
Property, Plant and Equipment [Abstract] |
Schedule of movements of vessels and equipment | Movements in the six months ended June 30, 2021 are summarized as follows:
(in thousands of $) | Cost | Accumulated Depreciation | Vessels and Equipment, net
Balance at December 31, 2020 | 1,693,171 |  | (452,473) |  | 1,240,698 |
Depreciation | — |  | (39,908) |  | (39,908) |
Capital improvements | 12,623 |  | — |  | 12,623 |
Reclassification from investments in direct financing leases | 355,635 |  | — |  | 355,635 |
Transfer to assets held for sale | (5,500) |  | — |  | (5,500) |
Balance at June 30, 2021 | 2,055,929 |  | (492,381) |  | 1,563,548 |

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- Definition Tabular disclosure of the cost, accumulated depreciation and net carrying values of vessels and equipment used in the normal course of business to generate operating revenue, excluding capital lease assets. + References No definition available. + Details
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- References No definition available. + Details
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