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FINANCIAL INSTRUMENTS (Tables)
12 Months Ended
Dec. 31, 2012
Statement of Financial Position [Abstract]  
Fair Value, by Balance Sheet Grouping
The carrying value and estimated fair value of the Company's financial instruments at December 31, 2012 and 2011 are as follows:
 
 
2012

 
2012

 
2011

 
2011

 
(in thousands of $)
 
Fair
Value

 
Carrying
Value

 
Fair
Value

 
Carrying
 Value

Cash and cash equivalents
 
79,259

 
79,259

 
46,848

 
46,848

Restricted cash
 
15,000

 
15,000

 
15,000

 
15,000

Floating rate debt
 
111,678

 
111,678

 
153,740

 
153,740