DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2014

Schedule of Disposal Groups, Including Discontinued Operations, Income Statement, Balance Sheet and Additional Disclosures [Table Text Block]

Amounts recorded in respect of discontinued operations in the year ended December 31, 2014, 2013 and 2012 are as follows;



(in thousands of $)	2014	2013		2012
Operating revenues	—	1,840		89,747
Loss on sale of assets	—	(847	)	(17,946	)
Contingent rental expense	—	—		32,156
Impairment loss on vessels	—	—		27,316
Net loss from discontinued operations	—	(1,204	)	(12,544	)

- Definition

Tabular disclosure of disposal groups, which may include the gain (loss) recognized in the income statement and the income statement caption that includes that gain (loss), amounts of revenues and pretax profit or loss reported in discontinued operations, the classification and carrying value of the assets and liabilities comprising the disposal group, and the segment in which the disposal group was reported. Also may include the amount of adjustments to amounts previously reported in discontinued operations such as resolution of contingencies arising from the disposal transaction or the operations of the component prior to disposal.

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