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INVESTMENT IN ASSOCIATED COMPANIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract] |
Summarized financial statement information of equity method investees | Summarized balance sheet information of the Company's equity method investees is as follows:
| River Box |  |  |  |  |  |
(in thousands of $) | 2024 |  | 2023 |  |  |  |  |  |
Share presented | 49.90 | % |  | 49.90 | % |  |  |  |  |  |
Current assets | 17,498 |  | 16,371 |  |  |  |  |  |
Non-current assets | 206,048 |  | 220,816 |  |  |  |  |  |
Total assets | 223,546 |  | 237,187 |  |  |  |  |  |
Current liabilities | 15,714 |  | 15,173 |  |  |  |  |  |
Non-current liabilities (1) | 191,450 |  | 205,541 |  |  |  |  |  |
Total liabilities | 207,164 |  | 220,714 |  |  |  |  |  |
Total stockholders' equity | 16,382 |  | 16,473 |  |  |  |  |  |
(1)River Box non-current liabilities as of December 31, 2024, include $45.0 million due to SFL (December 31, 2023: $45.0 million). (See Note 25: Related Party Transactions). Summarized statement of operations information of the Company's equity method investees is shown below.
River Box | Year ended December 31, |  |  |  |  |  |  |
(in thousands of $) | 2024 | 2023 | 2022 |  |  |  |  |  |  |
Operating revenues | 17,423 |  | 18,358 |  | 19,269 |  |  |  |  |  |  |  |
Net operating revenues | 17,402 |  | 18,339 |  | 19,248 |  |  |  |  |  |  |  |
Net income (2) | 2,798 |  | 2,848 |  | 2,833 |  |  |  |  |  |  |  |
(2)The net income of River Box for the year ended December 31, 2024, includes interest payable to SFL amounting to $4.6 million (December 31, 2023: $4.6 million, December 31, 2022: $4.6 million). (See Note 25: Related Party Transactions).

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