DISCONTINUED OPERATIONS (Tables)

12 Months Ended

Dec. 31, 2014

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



(in thousands of $)	2014		2013		2012
Carrying value of vessels disposed of in 2012	—		—		107,027
Carrying value of vessel held for sale at December 31, 2012	—		—		21,523
Per Statement of Operations;
Operating revenues	—		(226	)	24,513
Net gain (loss) on sale of assets	—		254		(13,088	)
Impairment loss on vessels	—		(5,342	)	(41,597	)
Net loss	(258	)	(7,433	)	(59,311	)

- 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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