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VESSELS UNDER FINANCE LEASE, NET
6 Months Ended
Jun. 30, 2022
Leases [Abstract]  
VESSELS UNDER FINANCE LEASE, NET VESSELS UNDER FINANCE LEASE, NET
Movements in the six months ended June 30, 2022 are summarized as follows:

(in thousands of $)CostAccumulated DepreciationVessels under Finance Lease, net
Balance as of December 31, 2021
777,939 (121,867)656,072 
Depreciation — (20,485)(20,485)
Balance as of June 30, 2022
777,939 (142,352)635,587 

As of June 30, 2022, seven vessels were accounted for as vessels under finance lease, which consist of four 14,000 TEU container vessels and three 10,600 TEU container vessels. (See also Note 16: Finance Lease Liability).