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NEWBUILDINGS (Tables) | 12 Months Ended
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Dec. 31, 2019
NEWBUILDINGS [Abstract] |
Summary roll forward of new build information | Movements in the three years ended December 31, 2019 are summarized as follows:
(in thousands of $) |  |
Balance at December 31, 2016 |  | 308,324 |
Additions, net, continuing basis |  | 707,988 |
Transfer to Vessels and equipment, net |  | (941,388 | )
Interest capitalized, continuing basis |  | 4,678 |
Balance at December 31, 2017 |  | 79,602 |
Additions, net, continuing basis |  | 201,653 |
Transfer to Vessels and equipment, net |  | (230,596 | )
Interest capitalized, continuing basis |  | 1,595 |
Balance at December 31, 2018 |  | 52,254 |
Additions, net, continuing basis |  | 158,846 |
Transfer to Vessels and equipment, net |  | (166,121 | )
Interest capitalized, continuing basis |  | 1,089 |
Balance at December 31, 2019 |  | 46,068 |
Newbuildings transfered to vessels and equipment [Table Text Block] | The following table sets forth certain details of our newbuildings delivered in the three years ended December 31, 2019:
(in thousands of $) |  |  |  |
Vessel name |  | Vessel type |  | Date of delivery
Front Discovery |  | VLCC |  | April 2019
Front Defender |  | VLCC |  | January 2019
Front Empire |  | VLCC |  | January 2018
Front Princess |  | VLCC |  | January 2018
Front Polaris |  | LR2/ Aframax |  | January 2018
Front Classic |  | Suezmax |  | January 2017
Front Vega |  | LR2/ Aframax |  | January 2017
Front Antares |  | LR2/ Aframax |  | January 2017
Front Duchess |  | VLCC |  | February 2017
Front Clipper |  | Suezmax |  | March 2017
Front Crystal |  | Suezmax |  | April 2017
Front Sirius |  | LR2/ Aframax |  | April 2017
Front Coral |  | Suezmax |  | May 2017
Front Cosmos |  | Suezmax |  | June 2017
Front Castor |  | LR2/ Aframax |  | June 2017
Front Cascade |  | Suezmax |  | July 2017
Front Earl |  | VLCC |  | July 2017
Front Pollux |  | LR2/ Aframax |  | August 2017
Front Capella |  | LR2/ Aframax |  | September 2017
Front Prince |  | VLCC |  | September 2017

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