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INVESTMENTS (Tables) | 12 Months Ended
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Dec. 31, 2017
INVESTMENTS [Abstract] |
Summarized balance sheet information | Summarized balance sheet information for NAO is as follows:
All figures in USD '000 |  | December 31, 2017 |  |  | December 31, 2016 |
Current assets |  |  | 37,076 |  |  |  | 7,909 |
Noncurrent assets |  |  | 350,635 |  |  |  | 366,945 |
Total Assets |  |  | 387,711 |  |  |  | 374,854 |
Current liabilities |  |  | 2,809 |  |  |  | 4,089 |
Noncurrent liabilities |  |  | 136,629 |  |  |  | 136,568 |
Total Shareholders' Equity |  |  | 248,273 |  |  |  | 234,196 |
Total liabilities and equity |  |  | 387,711 |  |  |  | 374,854 |
Summarized statement of operations | Summarized Statement of Operations information for NAO is as follows:
|  | Years ended December 31, |
All figures in USD '000 |  | 2017 |  |  | 2016 |  |  | 2015 |
Operating Revenues |  |  | 17,895 |  |  |  | 17,697 |  |  |  | 36,372 |
Net Operating (Loss) Income |  |  | (26,068 | ) |  |  | (28,543 | ) |  |  | (8,372 | )
Net (Loss) Income |  |  | (29,326 | ) |  |  | (32,151 | ) |  |  | (10,844 | )

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