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INTEREST EXPENSES (Tables) | 12 Months Ended
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Dec. 31, 2018
INTEREST EXPENSES [Abstract] |
Interest Expense on Long-term Debt | Interest expenses consist of interest expense on the long-term debt, the commitment fee and amortization of deferred financing costs related to the Credit Facility described in Note 9.
All amounts in USD ‘000 |  | 2018 |  |  | 2017 |  |  | 2016 |
Interest Expenses, net of capitalized interest |  |  | 29,753 |  |  |  | 18,286 |  |  |  | 8,811 |
Commitment Fee |  |  | 3,325 |  |  |  | 760 |  |  |  | 937 |
Amortization of Deferred Financing Costs |  |  | 1,470 |  |  |  | 1,393 |  |  |  | 1,382 |
Other financial costs |  |  | 1 |  |  |  | 25 |  |  |  | 40 |
Total Interest Expenses |  |  | 34,549 |  |  |  | 20,464 |  |  |  | 11,170 |

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