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OTHER NON-CURRENT ASSETS | 12 Months Ended
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Dec. 31, 2016
OTHER NON-CURRENT ASSETS [Abstract] |
OTHER NON-CURRENT ASSETS |
8. | OTHER NON-CURRENT ASSETS
All figures in USD ‘000 |  | 2016 |  |  | 2015 |
Fixture, Furniture and Equipment |  |  | 338 |  |  |  | 474 |
Long term deposit (Restricted Cash) |  |  | 10,149 |  |  |  | 10,000 |
Total as of December 31, |  |  | 10,487 |  |  |  | 10,474 |
The Long-Term Deposit relates to the Company transferring cash to a restricted account in accordance with the deferred compensation agreement for Herbjørn Hansson, the Chairman, President and CEO, described in Note 7.

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