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Acquisition of FPSO Units and Investment in Sevan Marine ASA (Details 1) (USD $) In Thousands, unless otherwise specified | Dec. 31, 2011 | Nov. 30, 2011 | Mar. 31, 2011 | Dec. 31, 2010
--- | --- | --- | --- | ---
ASSETS |  |  |  |
Cash and cash equivalents |  | $ 50,230 |  |
Other current assets |  | 29,209 |  |
Vessels and equipment |  | 869,952 |  |
Deferred income taxes |  | 3,307 |  |
Investment in Sevan Marine |  | 49,200 |  |
Other assets - long-term |  | 659 |  |
Total assets acquired |  | 1,002,557 |  |
LIABILITIES |  |  |  |
Current liabilities |  | 41,376 |  |
In-process revenue contracts | 235,296 | 158,968 |  | 152,637
Long-term debt (note 8) |  | 220,497 |  |
Other long-term liabilities |  | 6,036 |  |
Non-controlling interest |  | 144,600 |  |
Total liabilities assumed |  | 571,477 |  |
Net assets acquired |  | 431,080 |  |
Bargain purchase gain |  | (58,235) |  |
Cash consideration |  | $ 372,845 | $ 175,000 |

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