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GAIN ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS | 12 Months Ended
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Dec. 31, 2014
GAIN ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS [Abstract] |
GAIN ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS |
10. | GAIN ON SALE OF ASSETS AND AMORTIZATION OF DEFERRED GAINS
Gain on sale of assets and amortization of deferred gains in each of the three years ended December 31, may be summarized as follows;
(in thousands of $) | 2014 |  |  | 2013 |  |  | 2012 |
Net gain on lease terminations | 40,382 |  |  | 21,237 |  |  | 21,806 |
Net loss on sale of vessels | (15,762 | ) |  | — |  |  | (2,109 | )
Amortization of deferred gains | — |  |  | 2,321 |  |  | 15,062 |
| 24,620 |  |  | 23,558 |  |  | 34,759 |

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- Definition Entire disclosure of gains (losses) on the sale of assets and the amortization of deferred gains. + References No definition available. + Details
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