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v3.20.1

LEASES (Tables) | 12 Months Ended
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Dec. 31, 2019
Leases [Abstract] |
Operating Lease Maturity | The future minimum lease payments under the Company's non-cancellable operating leases as at December 31, 2019 are as follows:
(in thousands of $) |  |
2020 |  | 5,412 |
2021 |  | 2,039 |
2022 |  | 1,707 |
2023 |  | 1,578 |
2024 |  | 1,567 |
Thereafter |  | 1,186 |
Total minimum lease payments |  | 13,489 |
Less: Imputed interest |  | (1,012 | )
Present value of operating lease liabilities |  | 12,477 |
Maturity Under Previous Guidance | The future minimum lease payments under the Company's non-cancellable operating leases as at December 31, 2018 are as follows:
(in thousands of $) |  |
2019 |  | 17,348 |
2020 |  | 6,682 |
2021 |  | 550 |
2022 |  | 181 |
2023 |  | 41 |
Thereafter |  | — |
|  | 24,802 |
Lease Payments to be Received, Maturity | The future minimum lease payments to be received under these contracts as of December 31, 2019 are as follows:
(in thousands of $) |  |
2020 |  | 47,709 |
2021 |  | 51,830 |
2022 |  | 28,968 |
2023 |  | — |
2024 |  | — |
Thereafter |  | — |
Total minimum lease payments |  | 128,507 |
Schedule of minimum future revenues on leases | The future minimum lease payments to be received under non-cancellable operating lease contracts as of December 31, 2018 are as follows:
(in thousands of $) |  |
2019 |  | 7,037 |
2020 |  | 117 |
2021 |  | — |
2022 |  | — |
2023 |  | — |
Thereafter |  | — |
Total minimum lease payments |  | 7,154 |

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- 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. + Details
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- References No definition available. + Details
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- Definition Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 20 -Section 50 -Paragraph 6 -URI http://asc.fasb.org/extlink&oid=77888426&loc=SL77918701-209980 + Details
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- Definition Tabular disclosure of maturity of undiscounted cash flows to be received by lessor on annual basis for operating lease. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 842 -SubTopic 30 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=119202524&loc=SL77919396-209981 + Details
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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://fasb.org/us-gaap/role/ref/otherTransitionRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=77902758&loc=d3e41502-112717 + Details
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