XML 56 R56.htm IDEA: XBRL DOCUMENT
v2.4.1.9

DEBT (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2014
Debt Disclosure [Abstract] |
Long-term debt |
(in thousands of $) | 2014 |  |  | 2013 |
U.S. dollar denominated floating rate debt | 29,500 |  |  | — |
U.S. dollar denominated fixed rate debt: |  |  |  |  |
4.5% convertible bond due 2015 | 126,700 |  |  | 190,000 |
8.04% First Preferred Mortgage Term Notes | 36,657 |  |  | 83,240 |
7.84% First Preferred Mortgage Term Notes | — |  |  | 196,240 |
Unamortized discount on issuance of 7.84% First Preferred Mortgage Term Notes | — |  |  | (10,402 | )
Total debt | 192,857 |  |  | 459,078 |
Current portion of long-term debt | (165,357 | ) |  | (22,706 | )
Long term portion of debt | 27,500 |  |  | 436,372 |
Summary of movement in debt | Movements in debt in each of the three years ended December 31, 2014, maybe summarized as follows:
(in thousands of $) |
Balance at December 31, 2011 | 513,513 |
4.5% convertible bond - buy-back | (10,000 | )
Loan repayments | (19,521 | )
Balance at December 31, 2012 | 483,992 |
4.5% convertible bond - debt-for-equity swap | (25,000 | )
Loan repayments | (21,531 | )
Issuance of 7.84% First Preferred Mortgage Term Notes | 32,019 |
Discount on issuance of 7.84% First Preferred Mortgage Term Notes | (12,222 | )
Amortization of discount on issuance of 7.84% First Preferred Mortgage Term Notes | 1,820 |
Balance at December 31, 2013 | 459,078 |
4.5% convertible bond - buy-back | (17,800 | )
4.5% convertible bond - debt-for-equity swaps | (45,500 | )
Loan repayments | (54,732 | )
Loan draw downs | 30,000 |
Effect of de-consolidation of subsidiaries - 7.84% First Preferred Mortgage Term Notes | (179,818 | )
Amortization of discount on issuance of 7.84% First Preferred Mortgage Term Notes | 1,629 |
Balance at December 31, 2014 | 192,857 |
Debt repayment schedule | The outstanding debt as of December 31, 2014 is repayable as follows:
(in thousands of $) |
Year ending December 31, |
2015 | 165,357 |
2016 | 2,000 |
2017 | 25,500 |
2018 | — |
2019 | — |
Thereafter | — |
| 192,857 |
Assets pledged |
(in thousands of $) | 2014 |  |  | 2013 |
Vessels, net, | 55,812 |  |  | 263,367 |
Restricted cash and investments | 38,560 |  |  | 66,249 |

X
- Definition Tabular disclosure of assets pledged as collateral at carrying value. + References No definition available. + Details
Name: | fro_AssetsPledgedTableTextBlock
Namespace Prefix: | fro_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the movement in debt. + References No definition available. + Details
Name: | fro_SummaryOfMovementInDebtTableTextBlock
Namespace Prefix: | fro_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DebtDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(e),(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28541-108399 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21475-112644 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21506-112644 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 7 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21521-112644 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21538-112644 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 470 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6479336&loc=d3e64711-112823 + Details
Name: | us-gaap_ScheduleOfDebtInstrumentsTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration