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LEASES (Tables)

12 Months Ended

Dec. 31, 2014

Leases [Abstract]

Future minimum rental payments

The future minimum rental payments under the Company's non-cancelable operating leases are as follows:

(in thousands of $)
Year ending December 31,
2015	1,908
2016	642
2017	508
2018	350
2019	334
Thereafter	1,586
Total minimum lease payments	5,328

Schedule of minimum future revenues on bareboat charters

The minimum future revenues to be received on time charter, which are accounted for as operating leases and other contractually committed income as of December 31, 2014 are as follows:

(in thousands of $)
2015	4,435
2016	—
2017	—
2018	—
2019	—
Thereafter	—
Total minimum lease payments	4,435

X

- Definition

The tabular disclosure for operating leases of a lessor. Future minimum rental payments receivable as of the balance sheet date under an operating lease for the next five years

+ References

No definition available.

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- Definition

Tabular disclosure of future minimum payments required in the aggregate and for each of the five succeeding fiscal years for operating leases having initial or remaining noncancelable lease terms in excess of one year and the total minimum rentals to be received in the future under noncancelable subleases as of the balance sheet date.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 840

-SubTopic 20

-Section 50

-Paragraph 2

-URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717

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