Golar LNG Partners (GMLPF) 6-K 30 Nov 20 2020 Q3 Current report (foreign) Financial data

Cover Page

Cover Page	9 Months Ended
	Sep. 30, 2020
Cover [Abstract]
Entity Registrant Name	Golar LNG Partners LP
Entity Central Index Key	0001415916
Current Fiscal Year End Date	--12-31
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	Q3
Document Type	6-K
Amendment Flag	false
Document Period End Date	Sep. 30, 2020

UNAUDITED CONDENSED CONSOLIDATE

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME/(LOSS) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Total operating revenues	$ 71,113	$ 75,818	$ 213,042	$ 223,089
Vessel operating expenses	(14,015)	(14,740)	(43,218)	(46,463)
Voyage and commission expenses	(1,571)	(1,685)	(6,114)	(5,164)
Administrative expenses	(3,427)	(3,110)	(11,057)	(10,227)
Depreciation and amortization	(19,983)	(20,380)	(59,992)	(63,188)
Total operating expenses	(38,996)	(39,915)	(120,381)	(125,042)
Operating income	32,117	35,903	92,661	98,047
Other non-operating income	167	0	495	4,195
Financial (expense)/income
Interest income	4,203	4,990	13,308	8,474
Interest expense	(17,805)	(19,764)	(52,415)	(61,236)
Losses on derivative instruments, net	(1,051)	(9,937)	(52,358)	(48,406)
Other financial items, net	(29)	541	998	757
Net financial expenses	(14,682)	(24,170)	(90,467)	(100,411)
Income before tax, equity in net earnings of affiliate and non-controlling interests	17,602	11,733	2,689	1,831
Income taxes	(4,437)	(4,817)	(13,185)	(15,032)
Equity in net earnings of affiliate	3,277	1,181	8,000	2,773
Net income/(loss)	16,442	8,097	(2,496)	(10,428)
Other comprehensive income	0	0	0	0
Net comprehensive income/(loss)	16,442	8,097	(2,496)	(10,428)
Attributable to:
Non-controlling interests	(918)	173	(976)	2,162
Golar LNG Partners LP Owners	17,360	7,924	(1,520)	(12,590)
General partner's interest in net income/(loss)	287	97	(212)	(434)
Preferred unitholders’ interest in net income	$ 3,019	$ 3,019	$ 9,090	$ 9,057
Earnings/(loss) per unit
Cash distributions paid per common unit in the period (in dollars per share)	$ 0.02	$ 0.40	$ 0.44	$ 1.21
Cash distributions declared per common unit in the period (in dollars per share)	$ 0.02	$ 0.40	$ 0.06	$ 1.21
Time Charter
Total operating revenues	$ 71,113	$ 75,818	$ 213,042	$ 223,089
Common Units
Attributable to:
Common unitholders’ interest in net income/(loss)	$ 14,054	$ 4,808	$ (10,398)	$ (21,213)
Earnings/(loss) per unit
Common unit (basic and diluted) (in dollars per share)	$ 0.20	$ 0.07	$ (0.15)	$ (0.31)

CONDENSED CONSOLIDATED BALANCE

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Current Assets
Cash and cash equivalents	$ 42,263	$ 47,661
Restricted cash and short-term deposits	57,143	46,333
Current portion of investment in leased vessel, net	2,490	2,308
Amounts due from related parties	0	5,098
Inventories	2,625	2,702
Other current assets	35,176	29,197
Total Current Assets	139,697	133,299
Non-current Assets
Restricted cash	124,031	135,928
Investment in affiliate	191,012	193,270
Vessels and equipment, net	1,324,202	1,369,665
Vessel under finance lease, net	104,009	108,433
Investment in leased vessel, net	109,939	111,829
Intangible assets, net	43,574	50,409
Other non-current assets	4,742	2,779
Total Assets	2,041,206	2,105,612
Current Liabilities
Current portion of long-term debt	590,217	225,254
Current portion of obligation under finance lease	2,275	1,990
Amounts due to related parties	4,427	0
Other current liabilities	132,141	81,910
Total Current Liabilities	729,060	309,154
Non-current Liabilities
Long-term debt	555,772	991,679
Obligation under finance lease	115,931	120,789
Other non-current liabilities	31,263	31,296
Total Liabilities	1,432,026	1,452,918
Partners' capital:
Common unitholders	345,953	387,631
Preferred unitholders	132,991	132,991
General partner interest	47,981	48,841
Total Partners' capital	526,925	569,463
Non-controlling interests	82,255	83,231
Total Equity	609,180	652,694
Total Liabilities and Equity	$ 2,041,206	$ 2,105,612

UNAUDITED CONDENSED CONSOLIDA_2

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($) $ in Thousands		9 Months Ended
		Sep. 30, 2020	Sep. 30, 2019
OPERATING ACTIVITIES
Net income/(loss)		$ (2,496)	$ (10,428)
Adjustments to reconcile net loss to net cash provided by operating activities:
Depreciation and amortization		59,992	63,188
Equity in net earnings of affiliate		(8,000)	(2,773)
Deferred tax expense		1,585	3,086
Amortization of deferred charges and Partnership Guarantee		2,465	2,015
Drydocking expenditure		(1,201)	(9,859)
Foreign exchange (gain)/losses		(263)	351
Unit options expense		33	177
Dividends received from affiliate		7,679	2,018
Interest element included in obligation under finance lease, net		19	7
Gain on recognition of net investment in leased vessel		0	(4,195)
Sales-type lease payments received in excess of interest income		1,675	1,477
Movement in credit allowance on financial assets		(413)	0
Change in mark-to-market value of derivatives		41,918	53,836
Change in assets and liabilities:
Trade accounts receivable		790	12,078
Inventories		77	(1,089)
Other current assets and other non-current assets		(10,243)	833
Amounts due to related parties		2,589	2,365
Trade accounts payable		306	(2,067)
Accrued expenses		4,069	4,779
Other current and non-current liabilities		9,135	(3,595)
Net cash provided by operating activities		109,716	112,204
INVESTING ACTIVITIES
Additions to vessels and equipment		(3,117)	(10,074)
Dividends received from affiliate		7,120	10,529
Acquisition of investment in affiliate from Golar		0	(10,296)
Net cash provided by/(used in) investing activities		4,003	(9,841)
FINANCING ACTIVITIES
Repayment of debt (including related parties)		(113,445)	(63,853)
Proceeds from debt (including related parties)		40,000	25,000
Repayments of obligation under finance lease		(1,430)	(1,169)
Advances from related party for Methane Princess lease security deposit		2,393	448
Cash distributions paid		(40,506)	(95,021)
Financing costs paid		(4,339)	0
Common units buy-back and cancelled		0	(1,565)
Net cash used in financing activities		(117,327)	(136,160)
Effect of exchange rate changes on cash, cash equivalents and restricted cash		(2,877)	(4,637)
Net decrease in cash, cash equivalents and restricted cash	[1]	(6,485)	(38,434)
Cash, cash equivalents and restricted cash at beginning of period	[1],[2]	229,922	269,092
Cash, cash equivalents and restricted cash at end of period	[1],[2]	$ 223,437	$ 230,658
[1]	Included within restricted cash are security deposits for our finance lease, debt facility and performance guarantees issued to the charterers.
[2]	The following table identifies the balance sheet line-items included in ‘cash, cash equivalents and restricted cash’ presented in the unaudited condensed consolidated statements of cash flows: September 30, December 31, September 30, December 31, (in thousands of $) 2020 2019 2019 2018 Cash and cash equivalents 42,263 47,661 51,961 96,648 Restricted cash and short-term deposits 57,143 46,333 48,743 31,330 Restricted cash - non-current 124,031 135,928 129,954 141,114 223,437 229,922 230,658 269,092

UNAUDITED CONDENSED CONSOLIDA_3

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS SUPPLEMENTARY CASH FLOW (Parenthetical) - USD ($) $ in Thousands		Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Statement of Cash Flows [Abstract]
Cash and cash equivalents		$ 42,263	$ 47,661	$ 51,961	$ 96,648
Restricted cash and short-term deposits		57,143	46,333	48,743	31,330
Restricted cash - non-current		124,031	135,928	129,954	141,114
Cash, cash equivalents, restricted cash and restricted cash equivalents	[1],[2]	$ 223,437	$ 229,922	$ 230,658	$ 269,092
[1]	Included within restricted cash are security deposits for our finance lease, debt facility and performance guarantees issued to the charterers.
[2]	The following table identifies the balance sheet line-items included in ‘cash, cash equivalents and restricted cash’ presented in the unaudited condensed consolidated statements of cash flows: September 30, December 31, September 30, December 31, (in thousands of $) 2020 2019 2019 2018 Cash and cash equivalents 42,263 47,661 51,961 96,648 Restricted cash and short-term deposits 57,143 46,333 48,743 31,330 Restricted cash - non-current 124,031 135,928 129,954 141,114 223,437 229,922 230,658 269,092

UNAUDITED CONDENSED CONSOLIDA_4

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN PARTNERS' CAPITAL - USD ($) $ in Thousands	Total	Cumulative Effect, Period of Adoption, Adjustment	[2]	Cumulative Effect, Period of Adoption, Adjusted Balance	Total Before Non-Controlling Interest	Total Before Non-Controlling InterestCumulative Effect, Period of Adoption, Adjustment	[2]	Total Before Non-Controlling InterestCumulative Effect, Period of Adoption, Adjusted Balance	Non-Controlling Interest	Non-Controlling InterestCumulative Effect, Period of Adoption, Adjusted Balance	Preferred Units	Preferred UnitsCumulative Effect, Period of Adoption, Adjusted Balance	Common Units	Common UnitsCumulative Effect, Period of Adoption, Adjustment	[2]	Common UnitsCumulative Effect, Period of Adoption, Adjusted Balance	General Partner Units and IDRs	[1]	General Partner Units and IDRsCumulative Effect, Period of Adoption, Adjustment	[1],[2]	General Partner Units and IDRsCumulative Effect, Period of Adoption, Adjusted Balance	[1]	Incentive Distribution RightsGeneral Partner Units and IDRs
Beginning Balance at Dec. 31, 2018	$ 759,517				$ 679,615				$ 79,902		$ 132,991		$ 495,576				$ 51,048
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income/(loss)	(10,428)				(12,590)				2,162		9,057		(21,213)				(434)
Cash distributions	(95,021)				(95,021)						(9,057)		(84,223)				(1,741)
Units options expense	177				177								177
Common units acquired and cancelled	(1,565)				(1,565)								(1,565)
Ending Balance at Sep. 30, 2019	652,680				570,616				82,064		132,991		388,752				48,873
Beginning Balance at Dec. 31, 2018	759,517				679,615				79,902		132,991		495,576				51,048
Ending Balance at Dec. 31, 2019	$ 652,694	$ (511)		$ 652,183	569,463	$ (511)		$ 568,952	83,231	$ 83,231	132,991	$ 132,991	387,631	$ (501)		$ 387,130	48,841		$ (10)		$ 48,831		$ 32,500
Increase (Decrease) in Partners' Capital [Roll Forward]
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Beginning Balance at Jun. 30, 2019	$ 677,763				595,872				81,891		132,991		413,525				49,356
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income/(loss)	8,097				7,924				173		3,019		4,808				97
Cash distributions	(31,674)				(31,674)						(3,019)		(28,075)				(580)
Units options expense	59				59								59
Common units acquired and cancelled	(1,565)				(1,565)								(1,565)
Ending Balance at Sep. 30, 2019	652,680				570,616				82,064		132,991		388,752				48,873
Beginning Balance at Dec. 31, 2019	652,694	$ (511)		$ 652,183	569,463	$ (511)		$ 568,952	83,231	$ 83,231	132,991	$ 132,991	387,631	$ (501)		$ 387,130	48,841		$ (10)		$ 48,831		32,500
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income/(loss)	(2,496)				(1,520)				(976)		9,090		(10,398)				(212)
Cash distributions	(40,540)				(40,540)						(9,090)		(30,812)				(638)
Units options expense	33				33								33
Ending Balance at Sep. 30, 2020	609,180				526,925				82,255		132,991		345,953				47,981						32,500
Beginning Balance at Jun. 30, 2020	597,173				514,000				83,173		132,991		333,286				47,723
Increase (Decrease) in Partners' Capital [Roll Forward]
Net income/(loss)	16,442				17,360				(918)		3,019		14,054				287
Cash distributions	(4,448)				(4,448)						(3,019)		(1,400)				(29)
Units options expense	13				13								13
Ending Balance at Sep. 30, 2020	$ 609,180				$ 526,925				$ 82,255		$ 132,991		$ 345,953				$ 47,981						$ 32,500
[1]	As of September 30, 2020, December 31, 2019 and September 30, 2019, the carrying value of the equity attributable to the holders of our incentive distribution rights ("IDRs") was $32.5 million.
[2]	Opening Total Equity has been adjusted following the adoption of ASU 2016-13 Measurement of Credit Losses on Financial Instruments and subsequent amendments on January 1, 2020, see note 3.

GENERAL

GENERAL	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
GENERAL	GENERAL Golar LNG Partners LP (the “Partnership,” “we,” “our,” or “us”) is a publicly traded Marshall Islands limited partnership initially formed as a subsidiary of Golar LNG Limited (“Golar”) in September 2007, to own and operate LNG carriers and FSRUs under long-term charters. On July 12, 2018, we acquired an interest in the Hilli Episeyo (the “ Hilli ”), a floating liquefied natural gas (“FLNG”) vessel through the acquisition of 50% of the common units (the “Hilli Common Units”) in Golar Hilli LLC (“Hilli LLC”) (the “Hilli Acquisition”). As of September 30, 2020, we have a fleet of six FSRUs, four LNG carriers, and an interest in the Hilli. As of September 30, 2020, Golar held 30.8% (December 31, 2019: 30.6%) of our common units and a 2% (December 31, 2019: 2%) general partner interest in us. References to Golar in these unaudited condensed consolidated financial statements refer, depending on the context, to Golar LNG Limited and to one or any more of its direct or indirect subsidiaries.

ACCOUNTING POLICIES

ACCOUNTING POLICIES	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
ACCOUNTING POLICIES	ACCOUNTING POLICIES Basis of accounting The accompanying unaudited condensed consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The footnotes are condensed as permitted by the requirements for interim financial statements and, accordingly, do not include all of the information and disclosures required under U.S. GAAP for complete financial statements. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements for the year ended December 31, 2019, which are included in our Annual Report on Form 20-F. Significant accounting policies The accounting policies adopted in the preparation of the unaudited condensed consolidated financial statements are consistent with those followed in the preparation of our audited consolidated financial statements for the year ended December 31, 2019, except for those added and updated below as a result of adopting the requirements of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments (Topic 326). The impact of these changes in accounting policies on our unaudited condensed consolidated financial statements are disclosed in notes 3, 10 and 12. Allowance for credit losses Financial assets recorded at amortized cost and off-balance sheet credit exposures not accounted for as insurance (including financial guarantees) reflect an allowance for current expected credit losses ("credit losses") over the lifetime of the instrument. The allowance for credit losses reflects a deduction to the net amount expected to be collected on the financial asset. Amounts are written off against the allowance when management believes the uncollectability of a balance is confirmed or certain. Expected recoveries will not exceed the aggregate of amounts previously written-off or current credit loss allowance by financial asset category. We estimate expected credit losses based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. We have elected to calculate expected credit losses on the combined balance of both the amortized cost and accrued interest from the unpaid principal balance. Specific calculation of our credit allowances are included in the respective accounting policies included herein; all other financial assets are assessed on an individual basis calculated using the method we consider most appropriate for each asset. Trade accounts receivables Trade receivables are presented net of allowances for expected credit losses. At each balance sheet date, all potentially uncollectible accounts are assessed individually for the purposes of determining the appropriate allowance for expected credit loss. The expected credit loss allowance is calculated using a loss rate applied against an aging matrix, with assets pooled based on the vessel type that generated the underlying revenue (LNGC and FSRU), which reflects similar credit risk characteristics. Our trade receivables have short maturities so we have considered that forecasted changes to economic conditions will have an insignificant effect on the estimate of the allowance, except in extraordinary circumstances. Related parties Parties are related if one party has the ability, directly or indirectly, to control the other party or exercise significant influence over the other party in making financial and operating decisions. Parties are also related if they are subject to common control or significant influence. Amounts are presented net of allowances for credit losses, which are calculated using a loss rate applied against an aging matrix. Time charter sales-type leases On inception of a sales-type lease for which we are lessor, we de-recognize the related asset and record "Investment in leased vessel, net” on our consolidated balance sheet. The investment in leased vessel, net represents the fixed payments due from the lessee, discounted at the rate implicit in the lease. We allocate sales-type lease income to the consolidated statements of operations in the "Interest income” line item to reflect a constant periodic rate of return on our sales-type lease investment. For sales-type leases, non-lease revenue and operating and service agreements in connection with the time charters are recorded over the term of the charter as the service is provided. The transaction price is based on the standalone selling price for the service. Amounts are presented net of allowances for credit losses, which are assessed at the individual lease level, reflecting the risk profile for each vessel unique to each project. The allowance is calculated by multiplying the balance exposed on default by the probability of default and loss given default over the term of the lease. The exposure at default is net of the vessel collateral that is returned on default. With forecasts for counterparty probability of default and loss given default not readily available or supportable for the life of the instrument, annualized rates have been applied based on a 5-year period forecast. A probability weighting has been applied to each period of default over the remaining instrument life. Cash and cash equivalents We consider all demand and time deposits and highly liquid investments with original maturities of three months or less to be equivalent to cash. Amounts are presented net of allowances for credit losses, which are assessed based on consideration of whether the balances have short-term maturities and whether the counterparty has an investment grade credit rating, limiting any credit exposure. Restricted cash and short-term deposits Restricted cash and short-term deposits consist of bank deposits, which may only be used to settle certain pre-arranged loan or lease payments, other claims which requires us to restrict cash, performance bonds related to charters, cash collateral required for certain swaps, and cash held by the variable interest entity (“VIE”). We consider all short-term deposits as held to maturity. These deposits are carried at amortized cost. We place our short-term deposits primarily in fixed term deposits with high credit quality financial institutions. Amounts are presented net of allowances for credit losses, which are assessed based on consideration of whether the balances have short-term maturities and whether the counterparty has an investment grade credit rating, limiting any credit exposure. Guarantees Guarantees issued by us, excluding those that are guaranteeing our own performance, are recognized at fair value at the time that the guarantees are issued, and reported in “Other current liabilities” and "Other non-current liabilities". A liability is recognized for an amount corresponding to the fair value of the obligation undertaken in issuing the guarantee in connection with an investment in affiliate. If it becomes probable that we will have to perform under a guarantee, we will recognize an additional liability if (and when) the amount of the loss can be reasonably estimated. The recognition of fair value is not required for certain guarantees such as the parent's guarantee of a subsidiary's debt to a third party. For those guarantees excluded from the above guidance requiring recognition of the liability for its fair value, financial statement disclosures of such items are made. Financial guarantees are assessed for credit losses and any allowance is presented as a liability for off-balance sheet credit exposures where the balance exceeds the collateral provided over the remaining instrument life. The allowance is assessed at the individual guarantee level, calculated by multiplying the balance exposed on default by the probability of default and loss given default over the term of the guarantee. Use of estimates The preparation of financial statements in accordance with U.S. GAAP requires that management make estimates and assumptions affecting the reported amounts of assets and liabilities and disclosure of material contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In assessing the recoverability of our vessels’ carrying amounts, we make assumptions regarding estimated future cash flows, estimates in respect of residual values, charter rates, ship operating expenses and drydocking requirements. During the period ended September 30, 2020, following the coronavirus ("COVID-19") outbreak and its impact on our operations, we considered whether indicators of impairment existed that could indicate that the carrying amounts of the vessels may not be recoverable or whether changes in circumstances had occurred to warrant a change in the assumptions utilized in the December 31, 2019 impairment tests of our vessels. We concluded no impairment should be recognized on our vessels as of September 30, 2020 however, we will continue to monitor developments in the markets in which we operate for indications that the carrying value of our vessels may not be recoverable.

RECENTLY ISSUED ACCOUNTING STAN

RECENTLY ISSUED ACCOUNTING STANDARDS	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
RECENTLY ISSUED ACCOUNTING STANDARDS	RECENTLY ISSUED ACCOUNTING STANDARDS Adoption of new accounting standards In June 2016, the Financial Accounting Standards Board (the “FASB”) issued ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments, including ASU 2018-19, ASU 2019-04 and ASU 2019-11: Codification Improvements to Topic 326 ‘‘Financial Instruments-Credit Losses” . Topic 326 replaces the incurred loss impairment methodology with a requirement to recognize lifetime expected credit losses (measured over the contractual life of the instrument) immediately, based on information about past events, current conditions and forecasts of future economic conditions. This will reflect the net amount expected to be collected from the financial asset and is referred to as the current expected credit losses or "CECL", methodology, with measurement applicable to financial assets measured at amortized cost as well as off-balance sheet credit exposures not accounted for as insurance (including financial guarantees). Topic 326 also makes changes to the accounting for available-for-sale debt securities and purchased credit deteriorated financial assets, however, no such financial assets existed on date of adoption or in the reporting periods covered by these condensed consolidated financial statements. Using the modified retrospective method, reporting periods beginning from January 1, 2020 are presented under Topic 326 In August 2018, the FASB issued ASU 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement . The amendments in this ASU remove some disclosure requirements relating to transfers between Level 1 and Level 2 of the fair value hierarchy and introduce new disclosure requirements for Level 3 measurements. We adopted the disclosure improvements prospectively on January 1, 2020, but this amendment has not had a material impact on our disclosure requirements as we have no Level 3 measurements. In October 2018, the FASB issued ASU 2018-17 Consolidation (Topic 810) - Targeted Improvements to Related Party Guidance for Variable Interest Entities , effective January 1, 2020. The amendments in this ASU specify that for the purposes of determining whether a decision-making fee is a variable interest, a company is now required to consider indirect interests held through related parties under common control on a proportionate basis as opposed to as a direct investment. We are required to adopt the codification improvements retrospectively using a cumulative-effect method to retained earnings of the earliest period presented herein, but the amendment had no impact on historic consolidation assessments or retained earnings. In March 2020, the FASB issued ASU 2020-03 Financial Instruments (Topic 825) - Codification Improvements . The amendments in this ASU propose seven clarifications to improve the understandability of existing guidance, including that fees between debtor and creditor and third-party costs directly related to exchanges or modifications of debt instruments include line-of-credit or revolving debt arrangements. We adopted the codification improvements that were effective on issuance from January 1, 2020 under the specified transition approach connected with each of the codification improvements. This amendment has not had a material impact on our consolidated financial statements or related disclosures, including retained earnings, as of January 1, 2020. Accounting pronouncements that have been issued but not adopted The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendment removes certain exceptions previously available and provides some additional calculation rules to help simplify the accounting for income taxes. January 1, 2021 No impacts are expected as a result of the adoption of this ASU. ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments provide temporary optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The applicable expedients for us are in relation to modifications of contracts within the scope of Topic 310, Receivables, Topic 470, Debt, and Topic 842, Leases. This optional guidance may be applied prospectively from any date beginning March 12, 2020 and cannot be applied to modifications that occur after December 31, 2022. Under evaluation Under evaluation ASU 2020-06 Debt with equity and other options (Topic 470) and contracts in Entity’s Own Equity (Topic 815) . The amendments simplify the issuer’s accounting for convertible instruments and its application of the equity classification guidance. The new guidance eliminates some of the existing models for assessing convertible instruments, which results in more instruments being recognized as a single unit of account on the balance sheet and expands disclosure requirements. The new guidance simplifies the assessment of contracts in an entity’s own equity and existing EPS guidance in ASC 260. Under evaluation No impacts are expected as a result of the adoption of this ASU.

VARIABLE INTEREST ENTITIES ("VI

VARIABLE INTEREST ENTITIES ("VIEs")	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
VARIABLE INTEREST ENTITIES (VIEs)	VARIABLE INTEREST ENTITIES (“VIEs”) Eskimo SPV As of September 30, 2020, we leased one vessel from a VIE under a finance lease with a wholly-owned subsidiary, Sea 23 Leasing Co. Limited (“Eskimo SPV”) of China Merchants Bank Leasing (“CMBL”). Eskimo SPV is a special purpose vehicle (SPV). In November 2015, we sold the Golar Eskimo to Eskimo SPV and subsequently leased back the vessel under a bareboat charter for a term of 10 years. From the third-year anniversary of the commencement of the bareboat charter, we have an annual option to repurchase the vessel at fixed pre-determined amounts, which we did not exercise. The next repurchase option is in November 2020, which we are not exercising, and we have an obligation to repurchase the vessel at the end of the ten year lease period. While we do not hold any equity investment in Eskimo SPV, we have determined that we have a variable interest in Eskimo SPV and that Eskimo SPV is a VIE. Based on our evaluation of the bareboat agreement we have concluded that we are the primary beneficiary of Eskimo SPV and, accordingly, have consolidated Eskimo SPV into our financial results. We did not record any gain or loss from the sale of the Golar Eskimo to Eskimo SPV. We continue to report the vessel in our consolidated financial statements at the same carrying value, as if the sale had not occurred, and our contractual debt with the Eskimo SPV eliminates on consolidation. The equity attributable to CMBL in Eskimo SPV is included in non-controlling interests in our consolidated results. As of September 30, 2020, the Golar Eskimo is reported under “Vessels and equipment, net” in our unaudited condensed consolidated balance sheet. The following table gives a summary of the sale and leaseback arrangement, including repurchase options and obligation as of September 30, 2020: Vessel Effective from Sales value Subsequent repurchase option Subsequent repurchase option date Repurchase obligation at end of lease term End of lease term Golar Eskimo November 2015 285.0 202.0 November 2020 128.3 November 2025 A summary of our payment obligations under the bareboat charter with Eskimo SPV as of September 30, 2020 is shown below: (in thousands of $) 2020 (1) 2021 2022 2023 2024 After 2024 Golar Eskimo* 5,041 19,749 19,284 18,849 18,511 15,152 (1) For the three months ending December 31, 2020. *This payment obligation table above includes variable rental payments due under the lease based on an assumed LIBOR plus margin, but excludes the repurchase obligation at the end of the lease term. The most significant impact of Eskimo SPV’s liabilities on our condensed consolidated balance sheet is as follows: (in thousands of $) September 30, 2020 December 31, 2019 Liabilities Short-term debt 11,097 11,436 Long-term debt 156,352 169,395 The most significant impact of consolidation of Eskimo SPV’s operations on our condensed consolidated statement of operations is interest expense of $2.0 million and $4.5 million for the three and nine months ended September 30, 2020, respectively, and $1.8 million and $6.0 million for the three and nine months ended September 30, 2019, respectively. The most significant impact of consolidation of Eskimo SPV’s cash flows on our condensed consolidated statement of cash flows is net cash of $5.3 million and $16.9 million used in financing activities for the three and nine months ended September 30, 2020, respectively, and $4.6 million and $13.8 million for the three and nine months ended September 30, 2019, respectively. Hilli LLC On July 12, 2018, we acquired an interest in the Hilli through the acquisition of 50% of the Hilli Common Units. Concurrently with the closing of the Hilli Acquisition, we have determined that (i) Hilli LLC is a VIE, (ii) Golar is the primary beneficiary and retains sole control over the most significant activities and the greatest exposure to variability in residual returns and expected losses from the Hilli and (iii) we are not the primary beneficiary. Thus, Hilli LLC was not consolidated into our financial statements. Refer to note 9 for summarized financial information of Hilli LLC. As of September 30, 2020, our maximum exposure as a result of our ownership in the Hilli LLC is the carrying value of our investment in affiliate of $191.0 million (see note 9) and the outstanding portion of the Hilli Facility which we have guaranteed (see note 14). PT Golar Indonesia We consolidated PT Golar Indonesia (“PTGI”), which owns the NR Satu , in our consolidated financial statements effective September 28, 2011. PTGI became a VIE and we became its primary beneficiary upon our agreement to acquire all of Golar’s interests in certain subsidiaries that own and operate the NR Satu on July 19, 2012. We consolidate PTGI as we hold all of the voting stock and control all of the economic interests in PTGI.

SEGMENT INFORMATION

SEGMENT INFORMATION	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
SEGMENT INFORMATION	SEGMENT INFORMATION A segment is a distinguishable component of the business that is engaged in business activities from which we earn revenues and incur expenses whose operating results are regularly reviewed by the chief operating decision maker, and which are subject to risks and rewards that are different from those of other segments. As of September 30, 2020, we operate in the following three reportable segments: • FSRUs are vessels that are permanently located offshore to regasify LNG. Six of our vessels are FSRUs; • LNG carriers are vessels that transport LNG and are compatible with many LNG loading and receiving terminals globally. Four of our vessels are LNG carriers; and • FLNG are vessels that are moored above an offshore natural gas field on a long-term basis. A FLNG receives, liquefies and stores LNG at sea and transfers it to LNG carriers that berth while offshore. On May 15, 2019, we executed a modification to the charter for the Golar Freeze (the "Golar Freeze Charter") which triggered a change in accounting for the Golar Freeze Charter from an operating lease to a sales-type lease. Following this change, management changed the metric by which it measures the profitability of our segments to Adjusted EBITDA to reflect the change in accounting treatment of this contract and enable the comparability with the rest of the business. Three Months Ended September 30, 2020 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 58,276 12,837 26,018 — 97,131 (26,018) 71,113 Vessel operating expenses (9,627) (4,388) (6,048) — (20,063) 6,048 (14,015) Voyage and commission expenses (1,450) (121) — — (1,571) — (1,571) Administrative expenses (5) (2,093) (1,334) (121) — (3,548) 121 (3,427) Amount invoiced under sales-type lease 4,600 — — — 4,600 (4,600) — Adjusted EBITDA 49,706 6,994 19,849 — 76,549 (24,449) 52,100 Balance sheet (at end of period): Total assets (6) 1,048,346 492,294 191,012 309,554 2,041,206 — 2,041,206 Nine Months Ended September 30, 2020 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 170,750 42,292 78,054 — 291,096 (78,054) 213,042 Vessel operating expenses (29,647) (13,571) (17,662) — (60,880) 17,662 (43,218) Voyage and commission expenses (3,698) (2,416) — — (6,114) — (6,114) Administrative expenses (5) (6,926) (4,131) (373) — (11,430) 373 (11,057) Amount invoiced under sales-type lease 13,700 — — — 13,700 (13,700) — Adjusted EBITDA 144,179 22,174 60,019 — 226,372 (73,719) 152,653 Three Months Ended September 30, 2019 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 63,490 12,328 26,018 — 101,836 (26,018) 75,818 Vessel operating expenses (9,542) (5,198) (5,686) — (20,426) 5,686 (14,740) Voyage and commission expenses (1,002) (683) — — (1,685) — (1,685) Administrative expenses (5) (1,870) (1,240) (223) — (3,333) 223 (3,110) Amount invoiced under sales-type lease 4,600 — — — 4,600 (4,600) — Adjusted EBITDA 55,676 5,207 20,109 — 80,992 (24,709) 56,283 Balance sheet (at end of period): Total assets (6) 1,090,228 516,802 196,045 318,558 2,121,633 — 2,121,633 Nine Months Ended September 30, 2019 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 181,719 41,370 78,054 — 301,143 (78,054) 223,089 Vessel operating expenses (31,405) (15,058) (17,802) — (64,265) 17,802 (46,463) Voyage and commission expenses (3,236) (1,928) (230) — (5,394) 230 (5,164) Administrative expenses (5) (6,194) (4,033) (730) — (10,957) 730 (10,227) Amount invoiced under sales-type lease 6,900 — — — 6,900 (6,900) — Adjusted EBITDA 147,784 20,351 59,292 — 227,427 (66,192) 161,235 (1) Includes revenue relating to operating and service contracts, that is a non-lease component of sales-type leases recognized on a straight-line basis over the contract term. (2) Relates to the effective share of revenues, expenses and Adjusted EBITDA attributable to our 50% ownership of the Hilli Common Units which we acquired in July 2018 (see note 9). The earnings attributable to our investment in Hilli LLC are reported in the equity in net earnings of affiliate in our unaudited condensed consolidated statement of operations. (3) Relates to assets not allocated to a segment, but included to reconcile to the total assets in our condensed consolidated balance sheets. (4) Eliminations reverse the effective earnings attributable to our 50% ownership of the Hilli Common Units and the amounts invoiced under the sales-type lease. There are no transactions between reportable segments. (5) Indirect administrative expenses are allocated to the FSRU and LNG carrier segments based on the number of vessels while administrative expenses for FLNG relates to our effective share of expenses attributable to our 50% ownership of the Hilli Common Units.

LOSSES ON DERIVATIVE INSTRUMENT

LOSSES ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET	9 Months Ended
	Sep. 30, 2020
Other Income and Expenses [Abstract]
LOSSES ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET	LOSSES ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $) 2020 2019 2020 2019 Mark-to-market gains/(losses) for interest rate swaps 4,768 (10,860) (41,918) (53,836) Net interest (expense)/income on un-designated interest rate swaps (5,819) 923 (10,440) 5,430 Losses on derivative instruments, net (1,051) (9,937) (52,358) (48,406) Amortization of Partnership Guarantee (see note 14) 436 510 1,357 1,579 Foreign exchange (losses)/gains on finance lease obligation and related restricted cash (256) 249 263 (351) Foreign exchange losses on operations (53) (15) (280) (23) Financing arrangement fees and other costs (156) (203) (342) (448) Other financial items, net (29) 541 998 757

TAXATION

TAXATION	9 Months Ended
	Sep. 30, 2020
Income Tax Disclosure [Abstract]
TAXATION	TAXATION As of September 30, 2020, we recognized a net deferred tax liability of $12.2 million (December 31, 2019: $10.6 million) due to the accounting net book value of the Golar Eskimo, operated under time charter in the Hashemite Kingdom of Jordan (“Jordan”), being greater than the tax written down value, arising from excess of tax depreciation over accounting depreciation. Tax charge The tax charge for the three and nine months ended September 30, 2020 included current tax charges in respect of our operations in the United Kingdom, Brazil, Kuwait, Indonesia and Jordan. The total tax charge includes a net deferred tax charge in relation to the tax depreciation in excess of accounting depreciation for Jordan of $0.5 million and $1.6 million for the three and nine months ended September 30, 2020, respectively and $0.5 million and $1.5 million for the three and nine months ended September 30, 2019, respectively. In addition, Jordan introduced a new solidarity tax applicable from 2019 of 1% which we believe applies to our Jordan branch. We have recognized $nil deferred tax charge in relation to the solidarity tax for each of the three and nine months ended September 30, 2020 and $1.4 million for each of the three and nine months ended September 30, 2019, respectively. Uncertain tax positions

OPERATING LEASES

OPERATING LEASES	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
OPERATING LEASES	OPERATING LEASES The components of operating lease income were as follows: Three Months Ended Nine Months Ended (in thousands of $) 2020 2019 2020 2019 Operating lease income 68,378 73,794 205,409 218,683 Variable lease income 680 — 1,574 1,393 Total operating lease income 69,058 73,794 206,983 220,076

INVESTMENTS IN AFFILIATE

INVESTMENTS IN AFFILIATE	9 Months Ended
	Sep. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]
INVESTMENTS IN AFFILIATE	INVESTMENT IN AFFILIATE The components of our equity method investment in Hilli LLC are as follows: (in thousands of $) Equity in net assets of affiliate at January 1, 2020 193,270 Dividend (note 14) (10,258) Equity in net earnings of affiliate 8,000 Equity in net assets of affiliate at September 30, 2020 191,012 Summarized financial information of Hilli LLC* The following table summarizes the financial information of Hilli LLC shown on a 100% basis as of September 30, 2020 and December 31, 2019: (in thousands of $) Balance at September 30, 2020 Balance at December 31, 2019 Balance sheet Current assets 59,900 54,000 Non-current assets 1,223,490 1,300,065 Current liabilities (39,423) (45,106) Non-current liabilities (865,580) (924,578) *The summarized financial information of Hilli LLC excludes the Hilli LLC lessor VIE's financial information.

OTHER CURRENT ASSETS

OTHER CURRENT ASSETS	9 Months Ended
	Sep. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
OTHER CURRENT ASSETS	OTHER CURRENT ASSETS (in thousands of $) Balance at September 30, 2020 Balance at December 31, 2019 Trade receivables 16,513 17,303 Other receivables 16,406 9,807 Prepaid expenses 2,257 2,087 35,176 29,197 As at September 30, 2020, ‘Other receivables’ includes $15.1 million (December 31, 2019: $8.2 million) of amounts expected to be recovered through indemnity clauses relating to past performance of a bareboat charter and operating and services agreement ("OSA") with a charterer. The indemnity relates to the taxation method of the bareboat charter and OSA under Jamaican tax rules. The receivable includes withholding and payroll taxes, which we have recognized as operating expenses. As at September 30, 2020, we have recognized $0.1 million of expected credit loss allowance against the indemnity asset. As at September 30, 2020, we have recognized the associated liability of $15.1 million (December 31, 2019: $8.2 million) for payment of taxes and associated charges within ‘Other current liabilities’ in our condensed consolidated balance sheet. There was $nil accrued interest included within the other current assets balance as at September 30, 2020.

DEBT

DEBT	9 Months Ended
	Sep. 30, 2020
Debt Disclosure [Abstract]
DEBT	DEBT As of September 30, 2020 and December 31, 2019, we had total long-term debt outstanding of $1,146.0 million and $1,216.9 million, respectively, net of deferred debt financing costs of $6.5 million and $6.0 million, respectively. As of September 30, 2020, we were in compliance with all covenants under our existing debt and lease agreements. $800 million credit facility In April 2016, we entered into an $800.0 million senior secured credit facility (the “$800 million credit facility”) with a syndicate of banks to refinance existing financing arrangements secured by seven of our existing vessels. The vessels included in this facility are the Golar Freeze , the Golar Grand , the Golar Igloo , the Golar Maria , the Golar Spirit , the Golar Winter and the Methane Princess . The $800.0 million credit facility has a five-year term and is due to mature in April 2021. The $800.0 million credit facility is repayable in quarterly installments with a total final balloon payment of $378.0 million together with amounts outstanding under the fully drawn revolving facility. The $800 million credit facility bears interest at a rate of LIBOR plus a margin of 2.5%. As of September 30, 2020 and December 31, 2019, the balance outstanding under the $800 million credit facility amounted to $529.0 million and $568.0 million, respectively. The facility requires a security deposit to be held for the period of the loan, unless certain conditions are met. These balances are referred to in these condensed consolidated financial statements as restricted cash. As of September 30, 2020 and December 31, 2019, the value of the restricted cash deposit secured against the loan was $18.2 million a nd $23.6 million, respectively. 2015 Norwegian Bonds and 2017 Norwegian Bonds On May 5, 2020, bondholders approved amendments (the “Norwegian Bond Amendments”) to our Norwegian bonds issued in 2015 (the “2015 Norwegian Bonds”) and our Norwegian bonds issued in 2017 (the “2017 Norwegian Bonds”, and together with the 2015 Norwegian Bonds, the “Norwegian Bonds”). Under the Norwegian Bond Amendments, we may incur no additional financial indebtedness without applying the proceeds received therefrom to redeem the Norwegian Bonds on a pro rata basis, other than certain permitted financial indebtedness incurred: (i) to repay existing financial indebtedness, (ii) by way of secured debt from financial institutions incurred in the ordinary course of business in connection with acquisitions of assets or (iii) an amount up to $25.0 million in aggregate, provided that the proceeds in the case of each of (i) to (iii) above are not applied for redemption of any or all of the 2017 Norwegian Bonds prior to the redemption of the 2015 Norwegian Bonds in full. In addition, the Norwegian Bond Amendments contain a provision prohibiting us from paying distributions to our common unitholders in an amount greater than (i) $0.0808 per common unit per annum or (ii) the aggregate amount of cash equity raised. Additionally, under the Norwegian Bond Amendments, we will not be permitted to repurchase any of our common or preferred units. In November 2020, we obtained credit approval from the lead banks in connection with the refinancing of the $800 million credit facility. In addition, m anagement is currently exploring various options to obtain the necessary funds to refinance the

INVESTMENT IN LEASED VESSEL, NE

INVESTMENT IN LEASED VESSEL, NET	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
INVESTMENT IN LEASED VESSEL, NET	INVESTMENT IN LEASED VESSEL, NETOn May 15, 2019, we executed a modification to the Golar Freeze Charter which triggered a change in lease classification to a sales-type lease. This classification change resulted in the de-recognition of the vessel asset carrying value, the recognition of net investment in leased vessel (consisting of present value of the future lease receivables and unguaranteed residual value), and a gain on disposal of $4.2 million which was presented in "Other non-operating income" of our condensed consolidated statement of operations. Post modification to sales-type lease, all charter hire revenue from the Golar Freeze sales-type lease has been recognized as interest income, of which $4.0 million and $12.0 million has been recognized for the three and nine months ended September 30, 2020, respectively, and $4.1 million and $5.4 million has been recognized for the three and nine months ended September 30, 2019, respectively, gross of expected credit loss allowance. As of September 30, 2020 and December 31, 2019, we had a balance of $2.5 million and $2.3 million, respectively, presented under "Current portion of investment in leased vessel, net", and $109.9 million and $111.8 million, respectively, presented under "Investment in leased vessel, net" in our condensed consolidated balance sheet. As of September 30, 2020, we recognized $0.1 million of expected credit loss allowance against the balance of the "Investment in leased vessel, net". As at September 30, 2020, there is $nil accrued interest included within the balance.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS Interest rate risk management In certain situations, we may enter into financial instruments to reduce the risk associated with fluctuations in interest rates. We have entered into swaps that convert floating rate interest obligations to fixed rates, which, from an economic perspective, hedge our interest rate exposure. We do not hold or issue instruments for speculative or trading purposes. The counterparties to such contracts are major banking and financial institutions. Credit risk exists to the extent that the counterparties are unable to perform under the contracts; however, we do not anticipate non-performance by any of our counterparties. We manage our debt and finance lease portfolio with interest rate swap agreements in U.S. dollars to achieve an overall desired position of fixed and floating interest rates. Fair values We recognize our fair value estimates using a fair value hierarchy based on the inputs used to measure fair value. The fair value hierarchy has three levels based on reliability of inputs used to determine fair value as follows: Level 1: Quoted market prices in active markets for identical assets and liabilities. Level 2: Observable market based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data. The carrying value and estimated fair value of our financial instruments as of September 30, 2020 and December 31, 2019 are as follows: September 30, 2020 December 31, 2019 (in thousands of $) Fair value Carrying Fair Carrying Fair Non-Derivatives: Cash and cash equivalents Level 1 42,263 42,263 47,661 47,661 Restricted cash and short-term deposits Level 1 181,174 181,174 182,261 182,261 2015 and 2017 Norwegian Bonds (1) Level 1 (393,017) (331,236) (400,000) (394,715) Short and long-term debt — floating (2) Level 2 (759,499) (759,499) (822,944) (822,944) Obligation under finance lease (2) Level 2 (118,206) (118,206) (122,779) (122,779) Derivatives: Interest rate swaps asset (3) (4) Level 2 — — 1,285 1,285 Interest rate swaps liability (3) (4) Level 2 (76,800) (76,800) (36,167) (36,167) (1) This pertains to the 2015 and 2017 Norwegian bonds with a carrying value of $393.0 million as of September 30, 2020 (December 31, 2019: $400.0 million), that includes the premium payable at maturity accreted using the effective interest rate method over the instrument term of $3.0 million. This is included under long-term debt on our condensed consolidated balance sheet. The fair value of the bonds as of September 30, 2020 was $331.2 million (December 31, 2019: $394.7 million), which is 84.28% of their face value (December 31, 2019: 98.68%). (2) Our short-term and long-term debt and finance lease obligations are recorded at amortized cost in our condensed consolidated balance sheet. The long-term debt, in the table above, is presented gross of deferred financing cost of $6.5 million as of September 30, 2020 (December 31, 2019: $6.0 million). (3) Derivative liabilities are captured within other current liabilities and derivative assets are generally captured within other current assets and non-current assets on our condensed consolidated balance sheet. (4) The fair value of certain derivative instruments is the estimated amount that we would receive or pay to terminate the agreements at the reporting date, taking into account current interest rates, foreign exchange rates, closing quoted market prices and our creditworthiness and that of our counterparties. The credit exposure of interest rate swap agreements is represented by the fair value of contracts with a positive fair value at the end of each period, reduced by the effects of master netting agreements. It is our policy to enter into master netting agreements with the counterparties to derivative financial instrument contracts, which give us the legal right to discharge all or a portion of amounts owed to that counterparty by offsetting them against amounts that the counterparty owes to us. We have elected not to offset the fair values of derivative assets and liabilities executed with the same counterparty that are generally subject to enforceable master netting arrangements. However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in our condensed consolidated balance sheets as of September 30, 2020 and December 31, 2019 would be adjusted as detailed in the following table: September 30, 2020 December 31, 2019 (in thousands of $) Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Total asset derivatives — — — 1,285 (1,029) 256 Total liability derivatives (76,800) — (76,800) (36,167) 1,029 (35,138) Under one of our interest rate swaps we were required to provide initial cash collateral of $2.5 million and to subsequently post additional cash collateral that corresponds to any further unrealized loss. As at September 30, 2020, cash collateral amounting to $29.4 million (December 31, 2019: $14.8 million) has been provided. As of September 30, 2020, we had entered into the following interest rate swap transactions involving the payment of fixed rates in exchange for LIBOR as summarized below: Instrument (in thousands of $) Notional amount Maturity Dates Fixed Interest Rates Interest rate swaps: Receiving floating, pay fixed 1,252,287 2021 to 2026 1.12 % to 2.90%

RELATED PARTY TRANSACTIONS

RELATED PARTY TRANSACTIONS	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
RELATED PARTY TRANSACTIONS	RELATED PARTY TRANSACTIONS Net expense from related parties: Three Months Ended September 30, Nine Months Ended (in thousands of $) 2020 2019 2020 2019 Transactions with Golar and affiliates: Management and administrative services fees (a) (2,215) (2,448) (6,324) (7,195) Ship management fees (b) (1,316) (1,115) (3,948) (3,345) Interest expense on short-term loans (c) — — (285) — Distributions with Golar, net (d) (460) (3,163) 178 (14,572) (Payables)/receivables with related parties: As of September 30, 2020 and December 31, 2019, balances with related parties consisted of the following: (in thousands of $) September 30, December 31, Balances due (to)/from Golar and affiliates (c) (4,278) 2,845 Methane Princess lease security deposit (e) (149) 2,253 Total (4,427) 5,098 (a) Management and administrative services fees - We are party to a management and administrative services agreement with Golar Management Limited (“Golar Management”), a wholly-owned subsidiary of Golar, pursuant to which Golar Management provides to us certain management and administrative services. The services provided by Golar Management are charged at cost plus a management fee equal to 5% of Golar Management’s costs and expenses incurred in connection with providing these services. Where external service provider costs are incurred by Golar Management on our behalf, these expenses are recharged to us at cost. We may terminate the agreement by providing 120 days’ written notice. (b) Ship management fees - Golar and certain of its subsidiaries charged ship management fees to us for the provision of technical and commercial management of the vessels. Each of our vessels is subject to management agreements pursuant to which certain commercial and technical management services are provided by certain subsidiaries of Golar, including Golar Management. We may terminate these agreements by providing 30 days’ written notice. (c) Interest expense on short-term loan, balances due (to)/from Golar and its affiliates - Receivables and payables with Golar and its affiliates primarily comprise of unpaid fees and expenses for management and administrative services and vessel management services performed by Golar and its affiliates, dividends due in respect of the Hilli Common Units, and other related party arrangements, including short term loan balances. In addition, certain receivables and payables arise when we pay an invoice on behalf of a related party and vice versa. Receivables and payables are generally settled quarterly in arrears. Balances due from and to Golar and its subsidiaries are unsecured, interest-free and intended to be settled in the ordinary course of business. In May 2020, we entered into a $25.0 million revolving credit facility with Golar, of which we drew down $15.0 million and which was repaid in full in June 2020. The facility was unsecured and bore interest at a rate of LIBOR plus a margin of 5.0%. In February 2020, we borrowed $25.0 million with interest at a rate of LIBOR plus a margin of 5.0% from Golar, of which $20.0 million and $5.0 million, including interest, was repaid in March 2020 and April 2020, respectively. During the three and nine months ended September 30, 2020, we paid nil and $0.3 million of interest, respectively. (d) Distributions with Golar, net - During each of the three and nine months ended September 30, 2020 and 2019, we paid total distributions to Golar of $0.5 million and $10.1 million, and $9.2 million and $27.5 million, respectively, in respect of the Common Units and General Partner units owned by it. During the three and nine months ended September 30, 2020 and 2019, Hilli LLC declared quarterly distributions totaling $nil and $10.3 million, and $6.0 million and $12.9 million, respectively, in respect of the Hilli Common Units owned by us. These amounts include reimbursements for Operating Expenses, as set forth below. Pursuant to the Hilli Purchase Agreement, we agreed to reimburse Golar, Keppel and B&V for (a) 50% of the amount, if any, by which Operating Expenses (as defined below) are less than $32.4 million per year and (b) 50% of the amount, if any, by which withholding taxes on Operating Expense payments are less than $4.2 million per year, for a period of eight years commencing on the closing date of the Hilli Acquisition, up to a maximum amount of $20 million in the aggregate. Golar, Keppel and B&V have agreed, for a period of eight years commencing on the closing date of the Hilli Acquisition, to reimburse us for (a) 50% of the amount, if any, by which Operating Expenses are greater than $39.5 million per year and (b) 50% of the amount, if any, by which withholding taxes on Operating Expense payments are greater than $5.2 million per year, up to a maximum amount of $20 million in the aggregate. “Operating Expenses” means, all expenditures made by Hilli LLC and its subsidiaries, including vessel operating expenses, taxes, maintenance expenses and employee compensation and benefits, and capital expenditures, but exclude withholding taxes thereon. Included within the Hilli LLC declared distributions were reimbursements due from Golar, Keppel and B&V for operating expenses of nil and $0.3 million for the three and nine months ended September 30, 2020, and $0.8 million for both the three and nine months ended September 30, 2019. (e) Methane Princess lease security deposit - This represents net advances to or from Golar since our initial public offering in April 2011, which correspond with the net release of funds from the security deposits held relating to the Methane Princess lease. This is in connection with the Methane Princess tax lease indemnity provided by Golar under the Omnibus Agreement that we entered into with Golar at the time of our initial public offering. Accordingly, these amounts will be settled as part of the eventual termination of the Methane Princess lease. Other transactions Agency agreement with PT Pesona Sentra Utama (or PT Pesona) - PT Pesona, an Indonesian company, owns 51% of the issued share capital in our subsidiary, PTGI, the owner and operator of NR Satu , and provides agency and local representation services for us with respect to NR Satu . During the three and nine months ended September 30, 2020, PT Pesona received an agency fee of $0.1 million and $0.4 million, respectively. During the three and nine months ended September 30, 2019, PT Pesona received an agency fee of $0.1 million and $0.4 million, respectively. Hilli guarantees (in connection with the Hilli Acquisition) (i) Debt Hilli Corporation ("Hilli Corp"), the disponent owner of the Hilli and a wholly owned subsidiary of Hilli LLC, is a party to a Memorandum of Agreement, dated September 9, 2015, with Fortune Lianjiang Shipping S.A., a subsidiary of China State Shipbuilding Corporation (“Fortune”), pursuant to which Hilli Corp has sold to and leased back from Fortune the Hilli under a 10-year bareboat charter agreement (the “Hilli Facility”). The Hilli Facility provided for post-construction financing for the Hilli in the amount of $960 million. Under the Hilli Facility, Hilli Corp will pay to Fortune forty consecutive equal quarterly repayments of 1.375% of the construction cost, plus interest based on LIBOR plus a margin of 3.95%. In connection with the closing of the Hilli Acquisition, we agreed to provide a several guarantee (the “Partnership Guarantee”) of 50% of the outstanding principal, interest, expenses and other amounts payable by Hilli Corp under the Hilli Facility pursuant to a Deed of Amendment, Restatement and Accession relating to a guarantee between Golar, Fortune and us dated July 12, 2018. We entered into a $480.0 million interest rate swap in relation to our proportionate share of the obligation under the Hilli Facility. (ii) Letter of credit On November 28, 2018, we entered into an agreement to guarantee (the “LOC Guarantee”) the letter of credit issued by a financial institution in the event of Hilli Corp’s underperformance or non-performance under the liquefaction tolling agreement for the Hilli. Under the LOC Guarantee, we are severally liable for any outstanding amounts that are payable, based on the percentage ownership that Golar holds in us, multiplied by our percentage ownership in Hilli Common Units. Pursuant to the Partnership Guarantee and the LOC Guarantee, we are required to comply with the following covenants: • free liquid assets of at least $30 million throughout the term of the Hilli Facility; • maximum net debt to EBITDA ratio for the previous 12 months of 6.5:1; and • consolidated tangible net worth of $123.95 million. As of September 30, 2020, the amount we have guaranteed under the Partnership Guarantee and the LOC Guarantee is $405.8 million, and the fair value of debt guarantee, presented under "Other current liabilities" and "Other non-current liabilities" of our condensed consolidated balance sheet, amounting to $1.6 million and $5.4 million, respectively. As of September 30, 2020, we are in compliance with the covenants for both Hilli guarantees.

OTHER COMMITMENTS AND CONTINGEN

OTHER COMMITMENTS AND CONTINGENCIES	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
OTHER COMMITMENTS AND CONTINGENCIES	OTHER COMMITMENTS AND CONTINGENCIES Assets pledged (in thousands of $) September 30, 2020 December 31, 2019 Carrying value of vessels and equipment secured against long-term loans and finance leases 1,306,238 1,350,301 Carrying value of investment in leased vessel, net secured against long-term loans and finance leases 112,429 114,137 1,418,667 1,464,438 Other contractual commitments and contingencies Insurance We insure the legal liability risks for our shipping activities with Gard and Skuld, which are mutual protection and indemnity associations. As a member of a mutual association, we are subject to a call for additional premiums based on the clubs' claims record, in addition to the claims records of all other members of the association. A contingent liability exists to the extent that the claims records of the members of the association in the aggregate show significant deterioration, which results in additional premiums on the members. Tax lease benefits As of September 30, 2020, we have one UK tax lease (relating to the Methane Princess ). A termination of this lease would realize the accrued currency gain or loss recorded against the lease liability, net of the restricted cash. As of September 30, 2020, there was a net accrued gain of approxi mately $1.5 million. Under the terms of the leasing arrangement, the benefits are derived primarily from the tax depreciation assumed to be available to the lessor as a result of their investment in the vessel. As is typical in these leasing arrangements, as the lessee, we are obligated to maintain the lessor’s after-tax margin. Accordingly, in the event of any adverse tax changes or a successful challenge by the Her Majesty's Revenue and Customs (the “HMRC”), the UK tax authorities, with regard to the initial tax basis of the transactions, or in the event of an early termination of the Methane Princess lease or in relation to the other vessels previously financed by UK tax leases, we may be required to make additional payments principally to the UK vessel lessor. We would be required to return all, or a portion of, or in certain circumstances significantly more than the upfront cash benefits that Golar received in respect of the lease financing transaction. Furthermore, the lessor of the Methane Princess has a second priority security interest in the Methane Princess , the Golar Spirit and the Golar Grand . Our obligation to the lessor under the Methane Princess Lease is secured by a letter of credit (“LC”) provided by other banks. HMRC has been challenging the use of similar tax lease structures and has been engaged in litigation of a test case for some years. In August 2015, following an appeal to the Court of Appeal by the HMRC which set aside previous judgments in favor of the tax payer, the First Tier Tribunal (“UK court”) ruled in favor of HMRC. The judgments of the First Tier Tribunal do not create binding precedent for other UK court decisions and therefore the ruling in favor of HMRC is not binding in the context of our structures. Further, we consider there are differences in the fact pattern and structure between this case and our leasing arrangements and therefore is not necessarily indicative of any outcome should HMRC challenge us, and we believe that our fact pattern is sufficiently different to succeed if we are challenged by HMRC. HMRC have written to our lessor to indicate that they believe the Methane Princess lease may be similar to the case noted above. We have reviewed the details of the case and the basis of the judgment with our legal and tax advisers to ascertain what impact, if any, the judgment may have on us and the possible range of exposure has been estimated at approximately $nil to $32 million (£24.0 million). In December 2019, in conjunction with the lessor, Golar obtained supplementary legal advice confirming Golar's position. Golar's discussions with HMRC on this matter have concluded without agreement and, in January 2020, Golar received a closure notice to the inquiry, which states the basis of HMRC’s position. Consequently, a notice of appeal against the closure notice was submitted to HMRC. We remain confident of our position, however given the complexity of these discussions it is impossible to quantify the reasonably possible loss, and we continue to estimate the possible range of exposures as set out above. However, under the indemnity provisions of the Omnibus Agreement, Golar has agreed to indemnify us against any liabilities incurred as a consequence of a successful challenge by the UK Revenue Authorities with regard to the initial tax basis of the Methane Princess lease and in relation to other vessels previously financed by UK tax leases. Legal proceedings and claims We may, from time to time, be involved in legal proceedings and claims that arise in the ordinary course of business. A provision will be recognized in the financial statements only where we believe that a liability will be probable and for which the amounts are reasonably estimable, based upon the facts known prior to the issuance of the condensed consolidated financial statements. In November and December 2015, the Indonesian tax authorities issued letters to our subsidiary, PTGI, to, among other things, revoke a previously granted VAT importation waiver in the approximate amount of $24.0 million for the NR Satu . In April 2016, PTGI initiated an action in the Indonesian tax court to dispute the waiver cancellation. The final hearing took place in June 2016 and we received the verdict of the Tax Court in November 2017, which rejected PTGI’s claim. In February 2018, PTGI filed a Judicial Review with the Supreme Court of Indonesia, but in December 2018, the Supreme Court of Indonesia ruled against PTGI with regards the validity of waiver cancellation. However, we do not believe it is probable that a liability exists as a result of this ruling, as no Tax Underpayment Assessment Notice has been received within the statute of limitations period. Should we receive such notice from the tax authorities, we intend to challenge the legality of the assessment. In any event, we believe PTGI will be indemnified by PTNR for any VAT liability as well as related interest and penalties under our time charter party agreement entered into with them. In December 2019, the Indonesian tax authorities issued tax assessments for land and buildings tax to our subsidiary, PTGI for the years 2015 to 2019 inclusive in relation to the NR Satu , for the amount of $3.8 million. We have paid the assessed tax in January 2020 to avoid further penalties. This is presented in "Other non-current assets" of our condensed consolidated balance sheet. However, we intend to appeal against the assessments for the land and buildings tax, pending the tax authorities' response to our initial objection letter. We believe we have reasonable grounds for success on the basis of no precedent set from past case law and the new legislation effective prospectively from January 1, 2020, that now specifically lists FSRUs as being an object liable to land and buildings tax, when it previously did not.

EARNINGS_ LOSSES PER UNIT AND C

EARNINGS/ LOSSES PER UNIT AND CASH DISTRIBUTIONS	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
EARNINGS/ LOSSES PER UNIT AND CASH DISTRIBUTIONS	EARNINGS/ LOSSES PER UNIT AND CASH DISTRIBUTIONS The calculations of basic and diluted earnings/losses per common unit are presented below: Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $, except per unit data) 2020 2019 2020 2019 Common unitholders' interest in net income/(loss) 14,054 4,808 (10,398) (21,213) Less: distributions paid (1) (1,400) (39,844) (4,200) (120,065) Under/(over) distributed earnings 12,654 (35,036) (14,598) (141,278) Basic and diluted: Weighted average common units outstanding (in thousands) 69,302 69,379 69,302 69,429 Earnings/(losses) per unit (basic and diluted): Basic and diluted - common unitholders $ 0.20 $ 0.07 $ (0.15) $ (0.31) Cash distributions declared and paid in the period per common unit (2) : $ 0.02 $ 0.40 $ 0.44 $ 1.21 Subsequent event: Cash distributions declared and paid per common unit relating to the period (3) : $ 0.02 $ 0.40 $ 0.02 $ 0.40 ______________________________________ (1) Refers to distributions made or to be made in relation to the period, irrespective of the declaration and payment dates, and is based on the weighted average number of common units outstanding in the period. (2) Refers to cash distributions declared and paid during the period. (3) Refers to cash distributions declared relating to the period and paid subsequent to the period end.

SUBSEQUENT EVENTS

SUBSEQUENT EVENTS	9 Months Ended
	Sep. 30, 2020
Subsequent Events [Abstract]
SUBSEQUENT EVENTS	SUBSEQUENT EVENTS Cash Distributions In November 2020, we paid a distribution of $0.0202 per common unit in respect of the quarter ended September 30, 2020, to unitholders of record as of November 6, 2020, amounting to $1.4 million. We also paid a cash distribution of $0.546875 per Series A Preferred Unit in respect of the period from August 15, 2020 through November 14, 2020 to unitholders of record as of November 9, 2020, amounting to $3.0 million. Financing

ACCOUNTING POLICIES (Policies)

ACCOUNTING POLICIES (Policies)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Basis of accounting	Basis of accounting The accompanying unaudited condensed consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States (“U.S. GAAP”). The footnotes are condensed as permitted by the requirements for interim financial statements and, accordingly, do not include all of the information and disclosures required under U.S. GAAP for complete financial statements. Therefore, these unaudited condensed consolidated financial statements should be read in conjunction with our audited consolidated financial statements for the year ended December 31, 2019, which are included in our Annual Report on Form 20-F.
Adoption of new accounting standards and Accounting pronouncements to be adopted	Significant accounting policies The accounting policies adopted in the preparation of the unaudited condensed consolidated financial statements are consistent with those followed in the preparation of our audited consolidated financial statements for the year ended December 31, 2019, except for those added and updated below as a result of adopting the requirements of ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments (Topic 326). The impact of these changes in accounting policies on our unaudited condensed consolidated financial statements are disclosed in notes 3, 10 and 12. Adoption of new accounting standards In June 2016, the Financial Accounting Standards Board (the “FASB”) issued ASU 2016-13 Financial Instruments - Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments and subsequent amendments, including ASU 2018-19, ASU 2019-04 and ASU 2019-11: Codification Improvements to Topic 326 ‘‘Financial Instruments-Credit Losses” . Topic 326 replaces the incurred loss impairment methodology with a requirement to recognize lifetime expected credit losses (measured over the contractual life of the instrument) immediately, based on information about past events, current conditions and forecasts of future economic conditions. This will reflect the net amount expected to be collected from the financial asset and is referred to as the current expected credit losses or "CECL", methodology, with measurement applicable to financial assets measured at amortized cost as well as off-balance sheet credit exposures not accounted for as insurance (including financial guarantees). Topic 326 also makes changes to the accounting for available-for-sale debt securities and purchased credit deteriorated financial assets, however, no such financial assets existed on date of adoption or in the reporting periods covered by these condensed consolidated financial statements. Using the modified retrospective method, reporting periods beginning from January 1, 2020 are presented under Topic 326 In August 2018, the FASB issued ASU 2018-13 Fair Value Measurement (Topic 820): Disclosure Framework-Changes to the Disclosure Requirements for Fair Value Measurement . The amendments in this ASU remove some disclosure requirements relating to transfers between Level 1 and Level 2 of the fair value hierarchy and introduce new disclosure requirements for Level 3 measurements. We adopted the disclosure improvements prospectively on January 1, 2020, but this amendment has not had a material impact on our disclosure requirements as we have no Level 3 measurements. In October 2018, the FASB issued ASU 2018-17 Consolidation (Topic 810) - Targeted Improvements to Related Party Guidance for Variable Interest Entities , effective January 1, 2020. The amendments in this ASU specify that for the purposes of determining whether a decision-making fee is a variable interest, a company is now required to consider indirect interests held through related parties under common control on a proportionate basis as opposed to as a direct investment. We are required to adopt the codification improvements retrospectively using a cumulative-effect method to retained earnings of the earliest period presented herein, but the amendment had no impact on historic consolidation assessments or retained earnings. In March 2020, the FASB issued ASU 2020-03 Financial Instruments (Topic 825) - Codification Improvements . The amendments in this ASU propose seven clarifications to improve the understandability of existing guidance, including that fees between debtor and creditor and third-party costs directly related to exchanges or modifications of debt instruments include line-of-credit or revolving debt arrangements. We adopted the codification improvements that were effective on issuance from January 1, 2020 under the specified transition approach connected with each of the codification improvements. This amendment has not had a material impact on our consolidated financial statements or related disclosures, including retained earnings, as of January 1, 2020. Accounting pronouncements that have been issued but not adopted The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendment removes certain exceptions previously available and provides some additional calculation rules to help simplify the accounting for income taxes. January 1, 2021 No impacts are expected as a result of the adoption of this ASU. ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments provide temporary optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The applicable expedients for us are in relation to modifications of contracts within the scope of Topic 310, Receivables, Topic 470, Debt, and Topic 842, Leases. This optional guidance may be applied prospectively from any date beginning March 12, 2020 and cannot be applied to modifications that occur after December 31, 2022. Under evaluation Under evaluation ASU 2020-06 Debt with equity and other options (Topic 470) and contracts in Entity’s Own Equity (Topic 815) . The amendments simplify the issuer’s accounting for convertible instruments and its application of the equity classification guidance. The new guidance eliminates some of the existing models for assessing convertible instruments, which results in more instruments being recognized as a single unit of account on the balance sheet and expands disclosure requirements. The new guidance simplifies the assessment of contracts in an entity’s own equity and existing EPS guidance in ASC 260. Under evaluation No impacts are expected as a result of the adoption of this ASU.
Allowance for credit losses	Allowance for credit losses Financial assets recorded at amortized cost and off-balance sheet credit exposures not accounted for as insurance (including financial guarantees) reflect an allowance for current expected credit losses ("credit losses") over the lifetime of the instrument. The allowance for credit losses reflects a deduction to the net amount expected to be collected on the financial asset. Amounts are written off against the allowance when management believes the uncollectability of a balance is confirmed or certain. Expected recoveries will not exceed the aggregate of amounts previously written-off or current credit loss allowance by financial asset category. We estimate expected credit losses based on relevant information about past events, including historical experience, current conditions, and reasonable and supportable forecasts that affect the collectability of the reported amount. We have elected to calculate expected credit losses on the combined balance of both the amortized cost and accrued interest from the unpaid principal balance. Specific calculation of our credit allowances are included in the respective accounting policies included herein; all other financial assets are assessed on an individual basis calculated using the method we consider most appropriate for each asset.
Trade accounts receivables	Trade accounts receivables Trade receivables are presented net of allowances for expected credit losses. At each balance sheet date, all potentially uncollectible accounts are assessed individually for the purposes of determining the appropriate allowance for expected credit loss. The expected credit loss allowance is calculated using a loss rate applied against an aging matrix, with assets pooled based on the vessel type that generated the underlying revenue (LNGC and FSRU), which reflects similar credit risk characteristics.
Time charter sales-type leases	Time charter sales-type leases On inception of a sales-type lease for which we are lessor, we de-recognize the related asset and record "Investment in leased vessel, net” on our consolidated balance sheet. The investment in leased vessel, net represents the fixed payments due from the lessee, discounted at the rate implicit in the lease. We allocate sales-type lease income to the consolidated statements of operations in the "Interest income” line item to reflect a constant periodic rate of return on our sales-type lease investment. For sales-type leases, non-lease revenue and operating and service agreements in connection with the time charters are recorded over the term of the charter as the service is provided. The transaction price is based on the standalone selling price for the service. Amounts are presented net of allowances for credit losses, which are assessed at the individual lease level, reflecting the risk profile for each vessel unique to each project. The allowance is calculated by multiplying the balance exposed on default by the probability of default and loss given default over the term of the lease. The exposure at default is net of the vessel collateral that is returned on default. With forecasts for counterparty probability of default and loss given default not readily available or supportable for the life of the instrument, annualized rates have been applied based on a 5-year period forecast. A probability weighting has been applied to each period of default over the remaining instrument life.
Cash and cash equivalents	Cash and cash equivalents We consider all demand and time deposits and highly liquid investments with original maturities of three months or less to be equivalent to cash. Amounts are presented net of allowances for credit losses, which are assessed based on consideration of whether the balances have short-term maturities and whether the counterparty has an investment grade credit rating, limiting any credit exposure.
Restricted cash and short-term deposits	Restricted cash and short-term deposits Restricted cash and short-term deposits consist of bank deposits, which may only be used to settle certain pre-arranged loan or lease payments, other claims which requires us to restrict cash, performance bonds related to charters, cash collateral required for certain swaps, and cash held by the variable interest entity (“VIE”). We consider all short-term deposits as held to maturity. These deposits are carried at amortized cost. We place our short-term deposits primarily in fixed term deposits with high credit quality financial institutions. Amounts are presented net of allowances for credit losses, which are assessed based on consideration of whether the balances have short-term maturities and whether the counterparty has an investment grade credit rating, limiting any credit exposure.
Guarantees	Guarantees Guarantees issued by us, excluding those that are guaranteeing our own performance, are recognized at fair value at the time that the guarantees are issued, and reported in “Other current liabilities” and "Other non-current liabilities". A liability is recognized for an amount corresponding to the fair value of the obligation undertaken in issuing the guarantee in connection with an investment in affiliate. If it becomes probable that we will have to perform under a guarantee, we will recognize an additional liability if (and when) the amount of the loss can be reasonably estimated. The recognition of fair value is not required for certain guarantees such as the parent's guarantee of a subsidiary's debt to a third party. For those guarantees excluded from the above guidance requiring recognition of the liability for its fair value, financial statement disclosures of such items are made. Financial guarantees are assessed for credit losses and any allowance is presented as a liability for off-balance sheet credit exposures where the balance exceeds the collateral provided over the remaining instrument life. The allowance is assessed at the individual guarantee level, calculated by multiplying the balance exposed on default by the probability of default and loss given default over the term of the guarantee.
Use of estimates	Use of estimates The preparation of financial statements in accordance with U.S. GAAP requires that management make estimates and assumptions affecting the reported amounts of assets and liabilities and disclosure of material contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Actual results could differ from those estimates. In assessing the recoverability of our vessels’ carrying amounts, we make assumptions regarding estimated future cash flows, estimates in respect of residual values, charter rates, ship operating expenses and drydocking requirements. During the period ended September 30, 2020, following the coronavirus ("COVID-19") outbreak and its impact on our operations, we considered whether indicators of impairment existed that could indicate that the carrying amounts of the vessels may not be recoverable or whether changes in circumstances had occurred to warrant a change in the assumptions utilized in the December 31, 2019 impairment tests of our vessels. We concluded no impairment should be recognized on our vessels as of September 30, 2020 however, we will continue to monitor developments in the markets in which we operate for indications that the carrying value of our vessels may not be recoverable.

RECENTLY ISSUED ACCOUNTING ST_2

RECENTLY ISSUED ACCOUNTING STANDARDS (Tables)	9 Months Ended
	Sep. 30, 2020
Accounting Policies [Abstract]
Schedule of New Accounting Pronouncements and Changes in Accounting Principles	The following table provides a brief description of recent accounting standards that have been issued but not yet adopted: Standard Description Date of Adoption Effect on our Consolidated Financial Statements or Other Significant Matters ASU 2019-12 Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes. The amendment removes certain exceptions previously available and provides some additional calculation rules to help simplify the accounting for income taxes. January 1, 2021 No impacts are expected as a result of the adoption of this ASU. ASU 2020-04 Reference Rate Reform (Topic 848): Facilitation of the Effects of Reference Rate Reform on Financial Reporting. The amendments provide temporary optional expedients and exceptions for applying U.S. GAAP to contracts, hedging relationships, and other transactions affected by reference rate reform if certain criteria are met. The applicable expedients for us are in relation to modifications of contracts within the scope of Topic 310, Receivables, Topic 470, Debt, and Topic 842, Leases. This optional guidance may be applied prospectively from any date beginning March 12, 2020 and cannot be applied to modifications that occur after December 31, 2022. Under evaluation Under evaluation ASU 2020-06 Debt with equity and other options (Topic 470) and contracts in Entity’s Own Equity (Topic 815) . The amendments simplify the issuer’s accounting for convertible instruments and its application of the equity classification guidance. The new guidance eliminates some of the existing models for assessing convertible instruments, which results in more instruments being recognized as a single unit of account on the balance sheet and expands disclosure requirements. The new guidance simplifies the assessment of contracts in an entity’s own equity and existing EPS guidance in ASC 260. Under evaluation No impacts are expected as a result of the adoption of this ASU.

VARIABLE INTEREST ENTITIES ("_2

VARIABLE INTEREST ENTITIES ("VIEs") (Tables)	9 Months Ended
	Sep. 30, 2020
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Schedule of Sale Leaseback Transactions	The following table gives a summary of the sale and leaseback arrangement, including repurchase options and obligation as of September 30, 2020: Vessel Effective from Sales value Subsequent repurchase option Subsequent repurchase option date Repurchase obligation at end of lease term End of lease term Golar Eskimo November 2015 285.0 202.0 November 2020 128.3 November 2025
Summary of Payment Obligations Under the Bareboat Charter	A summary of our payment obligations under the bareboat charter with Eskimo SPV as of September 30, 2020 is shown below: (in thousands of $) 2020 (1) 2021 2022 2023 2024 After 2024 Golar Eskimo* 5,041 19,749 19,284 18,849 18,511 15,152 (1) For the three months ending December 31, 2020.
Schedule of Variable Interest Entities	The most significant impact of Eskimo SPV’s liabilities on our condensed consolidated balance sheet is as follows: (in thousands of $) September 30, 2020 December 31, 2019 Liabilities Short-term debt 11,097 11,436 Long-term debt 156,352 169,395 The following table summarizes the financial information of Hilli LLC shown on a 100% basis as of September 30, 2020 and December 31, 2019: (in thousands of $) Balance at September 30, 2020 Balance at December 31, 2019 Balance sheet Current assets 59,900 54,000 Non-current assets 1,223,490 1,300,065 Current liabilities (39,423) (45,106) Non-current liabilities (865,580) (924,578) *The summarized financial information of Hilli LLC excludes the Hilli LLC lessor VIE's financial information.

SEGMENT INFORMATION (Tables)

SEGMENT INFORMATION (Tables)	9 Months Ended
	Sep. 30, 2020
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Three Months Ended September 30, 2020 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 58,276 12,837 26,018 — 97,131 (26,018) 71,113 Vessel operating expenses (9,627) (4,388) (6,048) — (20,063) 6,048 (14,015) Voyage and commission expenses (1,450) (121) — — (1,571) — (1,571) Administrative expenses (5) (2,093) (1,334) (121) — (3,548) 121 (3,427) Amount invoiced under sales-type lease 4,600 — — — 4,600 (4,600) — Adjusted EBITDA 49,706 6,994 19,849 — 76,549 (24,449) 52,100 Balance sheet (at end of period): Total assets (6) 1,048,346 492,294 191,012 309,554 2,041,206 — 2,041,206 Nine Months Ended September 30, 2020 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 170,750 42,292 78,054 — 291,096 (78,054) 213,042 Vessel operating expenses (29,647) (13,571) (17,662) — (60,880) 17,662 (43,218) Voyage and commission expenses (3,698) (2,416) — — (6,114) — (6,114) Administrative expenses (5) (6,926) (4,131) (373) — (11,430) 373 (11,057) Amount invoiced under sales-type lease 13,700 — — — 13,700 (13,700) — Adjusted EBITDA 144,179 22,174 60,019 — 226,372 (73,719) 152,653 Three Months Ended September 30, 2019 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 63,490 12,328 26,018 — 101,836 (26,018) 75,818 Vessel operating expenses (9,542) (5,198) (5,686) — (20,426) 5,686 (14,740) Voyage and commission expenses (1,002) (683) — — (1,685) — (1,685) Administrative expenses (5) (1,870) (1,240) (223) — (3,333) 223 (3,110) Amount invoiced under sales-type lease 4,600 — — — 4,600 (4,600) — Adjusted EBITDA 55,676 5,207 20,109 — 80,992 (24,709) 56,283 Balance sheet (at end of period): Total assets (6) 1,090,228 516,802 196,045 318,558 2,121,633 — 2,121,633 Nine Months Ended September 30, 2019 (in thousands of $) FSRU (1) LNG Carrier FLNG (2) Unallocated (3) Total Segment Reporting Elimination (4) Consolidated Reporting Statement of operations: Total operating revenues 181,719 41,370 78,054 — 301,143 (78,054) 223,089 Vessel operating expenses (31,405) (15,058) (17,802) — (64,265) 17,802 (46,463) Voyage and commission expenses (3,236) (1,928) (230) — (5,394) 230 (5,164) Administrative expenses (5) (6,194) (4,033) (730) — (10,957) 730 (10,227) Amount invoiced under sales-type lease 6,900 — — — 6,900 (6,900) — Adjusted EBITDA 147,784 20,351 59,292 — 227,427 (66,192) 161,235 (1) Includes revenue relating to operating and service contracts, that is a non-lease component of sales-type leases recognized on a straight-line basis over the contract term. (2) Relates to the effective share of revenues, expenses and Adjusted EBITDA attributable to our 50% ownership of the Hilli Common Units which we acquired in July 2018 (see note 9). The earnings attributable to our investment in Hilli LLC are reported in the equity in net earnings of affiliate in our unaudited condensed consolidated statement of operations. (3) Relates to assets not allocated to a segment, but included to reconcile to the total assets in our condensed consolidated balance sheets. (4) Eliminations reverse the effective earnings attributable to our 50% ownership of the Hilli Common Units and the amounts invoiced under the sales-type lease. There are no transactions between reportable segments. (5) Indirect administrative expenses are allocated to the FSRU and LNG carrier segments based on the number of vessels while administrative expenses for FLNG relates to our effective share of expenses attributable to our 50% ownership of the Hilli Common Units.

LOSSES ON DERIVATIVE INSTRUME_2

LOSSES ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET (Tables)	9 Months Ended
	Sep. 30, 2020
Other Income and Expenses [Abstract]
Schedule of Derivatives and Other Financial Items	Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $) 2020 2019 2020 2019 Mark-to-market gains/(losses) for interest rate swaps 4,768 (10,860) (41,918) (53,836) Net interest (expense)/income on un-designated interest rate swaps (5,819) 923 (10,440) 5,430 Losses on derivative instruments, net (1,051) (9,937) (52,358) (48,406) Amortization of Partnership Guarantee (see note 14) 436 510 1,357 1,579 Foreign exchange (losses)/gains on finance lease obligation and related restricted cash (256) 249 263 (351) Foreign exchange losses on operations (53) (15) (280) (23) Financing arrangement fees and other costs (156) (203) (342) (448) Other financial items, net (29) 541 998 757

OPERATING LEASES (Tables)

OPERATING LEASES (Tables)	9 Months Ended
	Sep. 30, 2020
Leases [Abstract]
Schedule of Operating Lease Income	The components of operating lease income were as follows: Three Months Ended Nine Months Ended (in thousands of $) 2020 2019 2020 2019 Operating lease income 68,378 73,794 205,409 218,683 Variable lease income 680 — 1,574 1,393 Total operating lease income 69,058 73,794 206,983 220,076

INVESTMENTS IN AFFILIATE (Table

INVESTMENTS IN AFFILIATE (Tables)	9 Months Ended
	Sep. 30, 2020
Equity Method Investments and Joint Ventures [Abstract]
Investments in and Advances to Affiliates	The components of our equity method investment in Hilli LLC are as follows: (in thousands of $) Equity in net assets of affiliate at January 1, 2020 193,270 Dividend (note 14) (10,258) Equity in net earnings of affiliate 8,000 Equity in net assets of affiliate at September 30, 2020 191,012
Schedule of Variable Interest Entities	The most significant impact of Eskimo SPV’s liabilities on our condensed consolidated balance sheet is as follows: (in thousands of $) September 30, 2020 December 31, 2019 Liabilities Short-term debt 11,097 11,436 Long-term debt 156,352 169,395 The following table summarizes the financial information of Hilli LLC shown on a 100% basis as of September 30, 2020 and December 31, 2019: (in thousands of $) Balance at September 30, 2020 Balance at December 31, 2019 Balance sheet Current assets 59,900 54,000 Non-current assets 1,223,490 1,300,065 Current liabilities (39,423) (45,106) Non-current liabilities (865,580) (924,578) *The summarized financial information of Hilli LLC excludes the Hilli LLC lessor VIE's financial information.

OTHER CURRENT ASSETS (Tables)

OTHER CURRENT ASSETS (Tables)	9 Months Ended
	Sep. 30, 2020
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Schedule of Other Current Assets	(in thousands of $) Balance at September 30, 2020 Balance at December 31, 2019 Trade receivables 16,513 17,303 Other receivables 16,406 9,807 Prepaid expenses 2,257 2,087 35,176 29,197

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Sep. 30, 2020
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Carrying Value and Estimated Fair Value of the Partnership's Financial Instruments	The carrying value and estimated fair value of our financial instruments as of September 30, 2020 and December 31, 2019 are as follows: September 30, 2020 December 31, 2019 (in thousands of $) Fair value Carrying Fair Carrying Fair Non-Derivatives: Cash and cash equivalents Level 1 42,263 42,263 47,661 47,661 Restricted cash and short-term deposits Level 1 181,174 181,174 182,261 182,261 2015 and 2017 Norwegian Bonds (1) Level 1 (393,017) (331,236) (400,000) (394,715) Short and long-term debt — floating (2) Level 2 (759,499) (759,499) (822,944) (822,944) Obligation under finance lease (2) Level 2 (118,206) (118,206) (122,779) (122,779) Derivatives: Interest rate swaps asset (3) (4) Level 2 — — 1,285 1,285 Interest rate swaps liability (3) (4) Level 2 (76,800) (76,800) (36,167) (36,167) (1) This pertains to the 2015 and 2017 Norwegian bonds with a carrying value of $393.0 million as of September 30, 2020 (December 31, 2019: $400.0 million), that includes the premium payable at maturity accreted using the effective interest rate method over the instrument term of $3.0 million. This is included under long-term debt on our condensed consolidated balance sheet. The fair value of the bonds as of September 30, 2020 was $331.2 million (December 31, 2019: $394.7 million), which is 84.28% of their face value (December 31, 2019: 98.68%). (2) Our short-term and long-term debt and finance lease obligations are recorded at amortized cost in our condensed consolidated balance sheet. The long-term debt, in the table above, is presented gross of deferred financing cost of $6.5 million as of September 30, 2020 (December 31, 2019: $6.0 million). (3) Derivative liabilities are captured within other current liabilities and derivative assets are generally captured within other current assets and non-current assets on our condensed consolidated balance sheet. (4) The fair value of certain derivative instruments is the estimated amount that we would receive or pay to terminate the agreements at the reporting date, taking into account current interest rates, foreign exchange rates, closing quoted market prices and our creditworthiness and that of our counterparties.
Offsetting Assets	However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in our condensed consolidated balance sheets as of September 30, 2020 and December 31, 2019 would be adjusted as detailed in the following table: September 30, 2020 December 31, 2019 (in thousands of $) Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Total asset derivatives — — — 1,285 (1,029) 256 Total liability derivatives (76,800) — (76,800) (36,167) 1,029 (35,138)
Offsetting Liabilities	However, if we were to offset and record the asset and liability balances of derivatives on a net basis, the amounts presented in our condensed consolidated balance sheets as of September 30, 2020 and December 31, 2019 would be adjusted as detailed in the following table: September 30, 2020 December 31, 2019 (in thousands of $) Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Gross amounts presented in the consolidated balance sheet Gross amounts not offset in the consolidated balance sheet subject to netting agreements Net amount Total asset derivatives — — — 1,285 (1,029) 256 Total liability derivatives (76,800) — (76,800) (36,167) 1,029 (35,138)
Interest Rate Swap Transactions	As of September 30, 2020, we had entered into the following interest rate swap transactions involving the payment of fixed rates in exchange for LIBOR as summarized below: Instrument (in thousands of $) Notional amount Maturity Dates Fixed Interest Rates Interest rate swaps: Receiving floating, pay fixed 1,252,287 2021 to 2026 1.12 % to 2.90%

RELATED PARTY TRANSACTIONS (Tab

RELATED PARTY TRANSACTIONS (Tables)	9 Months Ended
	Sep. 30, 2020
Related Party Transactions [Abstract]
Schedule of Related Party Transactions	Net expense from related parties: Three Months Ended September 30, Nine Months Ended (in thousands of $) 2020 2019 2020 2019 Transactions with Golar and affiliates: Management and administrative services fees (a) (2,215) (2,448) (6,324) (7,195) Ship management fees (b) (1,316) (1,115) (3,948) (3,345) Interest expense on short-term loans (c) — — (285) — Distributions with Golar, net (d) (460) (3,163) 178 (14,572) (Payables)/receivables with related parties: As of September 30, 2020 and December 31, 2019, balances with related parties consisted of the following: (in thousands of $) September 30, December 31, Balances due (to)/from Golar and affiliates (c) (4,278) 2,845 Methane Princess lease security deposit (e) (149) 2,253 Total (4,427) 5,098

OTHER COMMITMENTS AND CONTING_2

OTHER COMMITMENTS AND CONTINGENCIES (Tables)	9 Months Ended
	Sep. 30, 2020
Commitments and Contingencies Disclosure [Abstract]
Schedule of Book Value of the Partnership's Vessels Secured Against Long Term Loans and Capital Leases	Assets pledged (in thousands of $) September 30, 2020 December 31, 2019 Carrying value of vessels and equipment secured against long-term loans and finance leases 1,306,238 1,350,301 Carrying value of investment in leased vessel, net secured against long-term loans and finance leases 112,429 114,137 1,418,667 1,464,438

EARNINGS_ LOSSES PER UNIT AND_2

EARNINGS/ LOSSES PER UNIT AND CASH DISTRIBUTIONS (Tables)	9 Months Ended
	Sep. 30, 2020
Earnings Per Share [Abstract]
Calculations of Basic and Diluted Earnings per Unit	The calculations of basic and diluted earnings/losses per common unit are presented below: Three Months Ended September 30, Nine Months Ended September 30, (in thousands of $, except per unit data) 2020 2019 2020 2019 Common unitholders' interest in net income/(loss) 14,054 4,808 (10,398) (21,213) Less: distributions paid (1) (1,400) (39,844) (4,200) (120,065) Under/(over) distributed earnings 12,654 (35,036) (14,598) (141,278) Basic and diluted: Weighted average common units outstanding (in thousands) 69,302 69,379 69,302 69,429 Earnings/(losses) per unit (basic and diluted): Basic and diluted - common unitholders $ 0.20 $ 0.07 $ (0.15) $ (0.31) Cash distributions declared and paid in the period per common unit (2) : $ 0.02 $ 0.40 $ 0.44 $ 1.21 Subsequent event: Cash distributions declared and paid per common unit relating to the period (3) : $ 0.02 $ 0.40 $ 0.02 $ 0.40 ______________________________________ (1) Refers to distributions made or to be made in relation to the period, irrespective of the declaration and payment dates, and is based on the weighted average number of common units outstanding in the period. (2) Refers to cash distributions declared and paid during the period. (3) Refers to cash distributions declared relating to the period and paid subsequent to the period end.

GENERAL (Details)

GENERAL (Details)	Sep. 30, 2020carrierstorage_unit	Dec. 31, 2019	Jul. 31, 2018	Jul. 12, 2018
Golar
Business Acquisition [Line Items]
Ownership percentage	30.80%	30.60%
Golar GP LLC
Business Acquisition [Line Items]
General partner ownership	2.00%	2.00%
FSRU
Business Acquisition [Line Items]
Number of vessels | storage_unit	6
LNG Carrier
Business Acquisition [Line Items]
Number of vessels | carrier	4
Hilli LLC
Business Acquisition [Line Items]
Business acquisition, percentage of interests acquired			50.00%	50.00%

RECENTLY ISSUED ACCOUNTING ST_3

RECENTLY ISSUED ACCOUNTING STANDARDS - ADDITIONAL INFORMATION (Details) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2019	Sep. 30, 2020	Jan. 01, 2020
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit loss		$ 0.1
Accounting Standards Update [Extensible List]	us-gaap:AccountingStandardsUpdate201613Member
Investment In Leased Vessel, Net
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit loss		$ 0.1
Cumulative Effect, Period of Adoption, Adjustment
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit loss			$ 0.5
Cumulative Effect, Period of Adoption, Adjustment | Other Current Assets
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit loss			0.3
Cumulative Effect, Period of Adoption, Adjustment | Investment In Leased Vessel, Net
New Accounting Pronouncements or Change in Accounting Principle [Line Items]
Allowance for credit loss			$ 0.2

VARIABLE INTEREST ENTITIES ("_3

VARIABLE INTEREST ENTITIES ("VIEs") - NARRATIVE (Details) $ in Thousands	1 Months Ended	3 Months Ended		9 Months Ended
	Nov. 30, 2015	Sep. 30, 2020USD ($)vessel	Sep. 30, 2019USD ($)	Sep. 30, 2020USD ($)vessel	Sep. 30, 2019USD ($)
Variable Interest Entity [Line Items]
Interest expense		$ 17,805	$ 19,764	$ 52,415	$ 61,236
Net cash used in financing activities				(117,327)	(136,160)
Eskimo SPV Agreement | Golar Eskimo
Variable Interest Entity [Line Items]
Interest expense		2,000	1,800	4,500	6,000
Net cash used in financing activities		$ 5,300	$ 4,600	$ 16,900	$ 13,800
Eskimo SPV Agreement | Golar Eskimo | Variable Interest Entity, Primary Beneficiary
Variable Interest Entity [Line Items]
Number of vessels | vessel		1		1
Lease term	10 years

VARIABLE INTEREST ENTITIES ("_4

VARIABLE INTEREST ENTITIES ("VIEs") - SCHEDULE OF SALE LEASEBACK TRANSACTIONS (Details) - Eskimo SPV Agreement - Golar Eskimo - Variable Interest Entity, Primary Beneficiary - USD ($) $ in Millions	Nov. 30, 2025	Nov. 30, 2020	Sep. 30, 2020
Variable Interest Entity [Line Items]
Sales value			$ 285
Scenario, Forecast
Variable Interest Entity [Line Items]
Subsequent repurchase option		$ 202
Repurchase obligation at end of lease term	$ 128.3

VARIABLE INTEREST ENTITIES ("_5

VARIABLE INTEREST ENTITIES ("VIEs") - PAYMENT OBLIGATIONS (Details) - Golar Eskimo - Eskimo SPV Agreement - Variable Interest Entity, Primary Beneficiary $ in Thousands	Sep. 30, 2020USD ($)
Variable Interest Entity [Line Items]
2020	$ 5,041
2021	19,749
2022	19,284
2023	18,849
2024	18,511
After 2024	$ 15,152

VARIABLE INTEREST ENTITIES ("_6

VARIABLE INTEREST ENTITIES ("VIEs") - SCHEDULE OF ASSETS AND LIABILITIES IMPACTING BALANCE SHEET (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Liabilities
Long-term debt	$ 555,772	$ 991,679
Eskimo SPV Agreement | Golar Eskimo
Liabilities
Short-term debt	11,097	11,436
Long-term debt	$ 156,352	$ 169,395

VARIABLE INTEREST ENTITIES ("_7

VARIABLE INTEREST ENTITIES ("VIEs") VARIABLE INTEREST ENTITIES ("VIEs") - HILLI LLC (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Jul. 31, 2018	Jul. 12, 2018
Variable Interest Entity [Line Items]
Investment in affiliate	$ 191,012	$ 193,270
Hilli LLC
Variable Interest Entity [Line Items]
Investment in affiliate	191,012	$ 193,270
Hilli LLC | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Investment in affiliate	$ 191,000
Hilli LLC
Variable Interest Entity [Line Items]
Business acquisition, percentage of interests acquired			50.00%	50.00%
Hilli LLC | Hilli LLC | Variable Interest Entity, Not Primary Beneficiary
Variable Interest Entity [Line Items]
Business acquisition, percentage of interests acquired				50.00%

SEGMENT INFORMATION - NARRATIVE

SEGMENT INFORMATION - NARRATIVE (Details)	9 Months Ended
	Sep. 30, 2020vesselsegment
Segment Reporting Information [Line Items]
Number of reportable segments | segment	3
FSRU
Segment Reporting Information [Line Items]
Number of vessels	6
LNG Carrier
Segment Reporting Information [Line Items]
Number of vessels	4

SEGMENT INFORMATION - SCHEDULE

SEGMENT INFORMATION - SCHEDULE BY SEGMENT (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019	Jul. 31, 2018	Jul. 12, 2018
Segment Reporting Information [Line Items]
Total operating revenues	$ 71,113	$ 75,818	$ 213,042	$ 223,089
Vessel operating expenses	(14,015)	(14,740)	(43,218)	(46,463)
Voyage and commission expenses	(1,571)	(1,685)	(6,114)	(5,164)
Administrative expenses	(3,427)	(3,110)	(11,057)	(10,227)
Amount invoiced under sales-type lease	0	0	0	0
Adjusted EBITDA	52,100	56,283	152,653	161,235
Total assets	2,041,206	2,121,633	2,041,206	2,121,633	$ 2,105,612
Hilli LLC
Segment Reporting Information [Line Items]
Business acquisition, percentage of interests acquired						50.00%	50.00%
Operating Segments
Segment Reporting Information [Line Items]
Total operating revenues	97,131	101,836	291,096	301,143
Vessel operating expenses	(20,063)	(20,426)	(60,880)	(64,265)
Voyage and commission expenses	(1,571)	(1,685)	(6,114)	(5,394)
Administrative expenses	(3,548)	(3,333)	(11,430)	(10,957)
Amount invoiced under sales-type lease	4,600	4,600	13,700	6,900
Adjusted EBITDA	76,549	80,992	226,372	227,427
Total assets	2,041,206	2,121,633	2,041,206	2,121,633
Operating Segments | FSRU
Segment Reporting Information [Line Items]
Total operating revenues	58,276	63,490	170,750	181,719
Vessel operating expenses	(9,627)	(9,542)	(29,647)	(31,405)
Voyage and commission expenses	(1,450)	(1,002)	(3,698)	(3,236)
Administrative expenses	(2,093)	(1,870)	(6,926)	(6,194)
Amount invoiced under sales-type lease	4,600	4,600	13,700	6,900
Adjusted EBITDA	49,706	55,676	144,179	147,784
Total assets	1,048,346	1,090,228	1,048,346	1,090,228
Operating Segments | LNG Carrier
Segment Reporting Information [Line Items]
Total operating revenues	12,837	12,328	42,292	41,370
Vessel operating expenses	(4,388)	(5,198)	(13,571)	(15,058)
Voyage and commission expenses	(121)	(683)	(2,416)	(1,928)
Administrative expenses	(1,334)	(1,240)	(4,131)	(4,033)
Amount invoiced under sales-type lease	0	0	0	0
Adjusted EBITDA	6,994	5,207	22,174	20,351
Total assets	492,294	516,802	492,294	516,802
Operating Segments | FLNG
Segment Reporting Information [Line Items]
Total operating revenues	26,018	26,018	78,054	78,054
Vessel operating expenses	(6,048)	(5,686)	(17,662)	(17,802)
Voyage and commission expenses	0	0	0	(230)
Administrative expenses	(121)	(223)	(373)	(730)
Amount invoiced under sales-type lease	0	0	0	0
Adjusted EBITDA	19,849	20,109	60,019	59,292
Total assets	191,012	196,045	191,012	196,045
Unallocated
Segment Reporting Information [Line Items]
Total operating revenues	0	0	0	0
Vessel operating expenses	0	0	0	0
Voyage and commission expenses	0	0	0	0
Administrative expenses	0	0	0	0
Amount invoiced under sales-type lease	0	0	0	0
Adjusted EBITDA	0	0	0	0
Total assets	309,554	318,558	309,554	318,558
Eliminations
Segment Reporting Information [Line Items]
Total operating revenues	(26,018)	(26,018)	(78,054)	(78,054)
Vessel operating expenses	6,048	5,686	17,662	17,802
Voyage and commission expenses	0	0	0	230
Administrative expenses	121	223	373	730
Amount invoiced under sales-type lease	(4,600)	(4,600)	(13,700)	(6,900)
Adjusted EBITDA	(24,449)	(24,709)	(73,719)	(66,192)
Total assets	$ 0	$ 0	$ 0	$ 0

LOSSES ON DERIVATIVE INSTRUME_3

LOSSES ON DERIVATIVE INSTRUMENTS AND OTHER FINANCIAL ITEMS, NET - SCHEDULE OF OTHER FINANCIAL ITEMS (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Component of Other Income (Expense), Nonoperating [Line Items]
Gain (loss) on derivative instruments	$ (1,051)	$ (9,937)	$ (52,358)	$ (48,406)
Amortization of partnership guarantee	436	510	1,357	1,579
Foreign exchange gains (losses)			263	(351)
Financing arrangement fees and other costs	(156)	(203)	(342)	(448)
Other financial items, net	(29)	541	998	757
Capital lease obligation and related Restricted Cash
Component of Other Income (Expense), Nonoperating [Line Items]
Foreign exchange gains (losses)	(256)	249	263	(351)
Interest Rate Swap
Component of Other Income (Expense), Nonoperating [Line Items]
Gain (loss) on derivative instruments	4,768	(10,860)	(41,918)	(53,836)
Net Interest Income (Expense) within Derivative Financial Instruments | Interest Rate Swap
Component of Other Income (Expense), Nonoperating [Line Items]
Gain (loss) on derivative instruments	(5,819)	923	(10,440)	5,430
Other Non-Operating Expense
Component of Other Income (Expense), Nonoperating [Line Items]
Foreign exchange gains (losses)	$ (53)	$ (15)	$ (280)	$ (23)

TAXATION (Details)

TAXATION (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Income Tax Contingency [Line Items]
Provision for certain immaterial risks	$ 6,200,000		$ 6,200,000		$ 4,600,000
Jordan | Foreign Tax Authority
Income Tax Contingency [Line Items]
Net deferred tax liability	12,200,000		12,200,000		$ 10,600,000
Deferred tax charge related to depreciation	500,000	$ 500,000	1,600,000	$ 1,500,000
Deferred tax expense related to new solidarity tax	$ 0	$ 1,400,000	$ 0	$ 1,400,000

OPERATING LEASES - OPERATING LE

OPERATING LEASES - OPERATING LEASE INCOME (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Leases [Abstract]
Operating lease income	$ 68,378	$ 73,794	$ 205,409	$ 218,683
Variable lease income	680	0	1,574	1,393
Total operating lease income	$ 69,058	$ 73,794	$ 206,983	$ 220,076

INVESTMENTS IN AFFILIATE (Detai

INVESTMENTS IN AFFILIATE (Details) - USD ($) $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Underlying Equity in Net Assets [Roll Forward]
Equity in net assets of affiliate at January 1, 2020			$ 193,270
Equity in net earnings of affiliate	$ 3,277	$ 1,181	8,000	$ 2,773
Equity in net assets of affiliate at September 30, 2020	191,012		191,012
Hilli LLC
Underlying Equity in Net Assets [Roll Forward]
Equity in net assets of affiliate at January 1, 2020			193,270
Dividend			(10,258)
Equity in net assets of affiliate at September 30, 2020	$ 191,012		$ 191,012

INVESTMENTS IN AFFILIATE - SUMM

INVESTMENTS IN AFFILIATE - SUMMARIZED FINANCIAL INFORMATION OF HILLI LLC (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Schedule of Equity Method Investments [Line Items]
Current assets	$ 139,697	$ 133,299
Current liabilities	(729,060)	(309,154)
Hilli LLC
Schedule of Equity Method Investments [Line Items]
Current assets	59,900	54,000
Non-current assets	1,223,490	1,300,065
Current liabilities	(39,423)	(45,106)
Non-current liabilities	$ (865,580)	$ (924,578)

OTHER CURRENT ASSETS - SCHEDULE

OTHER CURRENT ASSETS - SCHEDULE OF OTHER CURRENT ASSETS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Accounts, Notes, Loans and Financing Receivable [Line Items]
Other receivables	$ 16,406	$ 9,807
Prepaid expenses	2,257	2,087
Other current assets	35,176	29,197
Trade receivables
Accounts, Notes, Loans and Financing Receivable [Line Items]
Receivables	$ 16,513	$ 17,303

OTHER CURRENT ASSETS - Narrativ

OTHER CURRENT ASSETS - Narrative (Details) - USD ($)	Sep. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Amount expected to be recovered	$ 15,100,000	$ 8,200,000
Allowance for credit loss	100,000
Other Current Liabilities
Derivative [Line Items]
Accrued withholding and payroll taxes, current	15,100,000	$ 8,200,000
Other Current Assets
Derivative [Line Items]
Accrued interest	$ 0

DEBT (Details)

DEBT (Details)	1 Months Ended
	Apr. 30, 2016USD ($)vessel	Sep. 30, 2020USD ($)	May 05, 2020USD ($)$ / shares	Dec. 31, 2019USD ($)
Short-term Debt [Line Items]
Total long-term debt outstanding		$ 1,146,000,000		$ 1,216,900,000
Deferred financing costs		6,500,000		6,000,000
Senior Secured Credit Facility | $800 Million Facility
Short-term Debt [Line Items]
Debt instrument, face amount	$ 800,000,000
Number of vessels as collateral | vessel	7
Debt instrument, term	5 years
Restricted cash and cash equivalents		18,200,000		23,600,000
Senior Secured Credit Facility | Line of Credit
Short-term Debt [Line Items]
Debt instrument, balloon payment to be paid	$ 378,000,000
Senior Secured Credit Facility | Line of Credit | $800 Million Facility | London Interbank Offered Rate (LIBOR)
Short-term Debt [Line Items]
Basis spread on variable rate	2.50%
Norwegian Bond Amendments
Short-term Debt [Line Items]
Dividends payable, amount per share, allowable under bond amendment | $ / shares			$ 0.0808
Norwegian Bond Amendments | Extended Bonds
Short-term Debt [Line Items]
Debt instrument, allowable amount under bond amendment			$ 25,000,000
$800 Million Facility
Short-term Debt [Line Items]
Long-term debt, gross		$ 529,000,000		$ 568,000,000

INVESTMENT IN LEASED VESSEL, _2

INVESTMENT IN LEASED VESSEL, NET (Details) - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019	Dec. 31, 2019
Lessor, Lease, Description [Line Items]
Current portion of investment in leased vessel, net	$ 2,490,000		$ 2,490,000		$ 2,308,000
Investment in leased vessel, net	109,939,000		109,939,000		$ 111,829,000
Allowance for credit loss	100,000		$ 100,000
Termination period			3 years
Investment In Leased Vessel, Net
Lessor, Lease, Description [Line Items]
Allowance for credit loss	100,000		$ 100,000
Accrued interest	0		0
Leased Vessel
Lessor, Lease, Description [Line Items]
Gain (loss) on disposition				$ 4,200,000
Amount invoiced under sales-type finance lease	$ 4,000,000	$ 4,100,000	$ 12,000,000	$ 5,400,000

FINANCIAL INSTRUMENTS - CARRYIN

FINANCIAL INSTRUMENTS - CARRYING VALUE AND ESTIMATED FAIR VALUE OF THE PARTNERSHIP'S FINANCIAL INSTRUMENTS (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019	Sep. 30, 2019	Dec. 31, 2018
Non-Derivatives:
Cash and cash equivalents	$ 42,263	$ 47,661	$ 51,961	$ 96,648
Restricted cash and short-term deposits	57,143	46,333	$ 48,743	$ 31,330
2015 and 2017 Norwegian Bonds	(1,146,000)	(1,216,900)
Derivatives:
Derivative asset	0	1,285
Derivative liability	76,800	36,167
Deferred financing costs	6,500	6,000
Carrying  Value | Level 1
Non-Derivatives:
Cash and cash equivalents	42,263	47,661
Restricted cash and short-term deposits	181,174	182,261
Carrying  Value | Level 1 | Norwegian Bonds
Non-Derivatives:
2015 and 2017 Norwegian Bonds	(393,017)	(400,000)
Derivatives:
Premium payable at maturity accreted	3,000
Carrying  Value | Level 2
Non-Derivatives:
Short and long-term debt - floating	(759,499)	(822,944)
Obligation under finance lease	(118,206)	(122,779)
Carrying  Value | Level 2 | Interest Rate Swap
Derivatives:
Derivative asset	0	1,285
Derivative liability	(76,800)	(36,167)
Fair  Value | Level 1
Non-Derivatives:
Cash and cash equivalents, fair value	42,263	47,661
Restricted cash and short-term deposits, fair value	181,174	182,261
Fair  Value | Level 1 | Norwegian Bonds
Non-Derivatives:
2015 and 2017 Norwegian Bonds, fair value	$ (331,236)	$ (394,715)
Derivatives:
Fair value of high yield bonds of face value	84.28%	98.68%
Fair  Value | Level 2
Non-Derivatives:
Short and long-term debt - floating, fair value	$ (759,499)	$ (822,944)
Obligation under finance lease	(118,206)	(122,779)
Fair  Value | Level 2 | Interest Rate Swap
Derivatives:
Derivative asset	0	1,285
Derivative liability	$ (76,800)	$ (36,167)

FINANCIAL INSTRUMENTS - SCHEDUL

FINANCIAL INSTRUMENTS - SCHEDULE OF OFFSETTING DERIVATIVE ASSETS AND LIABILITIES (Details) - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Total asset derivatives
Gross amounts presented in the consolidated balance sheet	$ 0	$ 1,285
Gross amounts not offset in the consolidated balance sheet subject to netting agreements	0	(1,029)
Net amount	0	256
Total liability derivatives
Gross amounts presented in the consolidated balance sheet	(76,800)	(36,167)
Gross amounts not offset in the consolidated balance sheet subject to netting agreements	0	1,029
Net amount	$ (76,800)	$ (35,138)

FINANCIAL INSTRUMENTS - NARRATI

FINANCIAL INSTRUMENTS - NARRATIVE (Details) - Interest Rate Swap - USD ($) $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Derivative [Line Items]
Initial cash collateral	$ 2.5
Restricted cash and cash equivalents	$ 29.4	$ 14.8

FINANCIAL INSTRUMENTS - INTERES

FINANCIAL INSTRUMENTS - INTEREST RATE SWAP TRANSACTIONS (Details) - Interest Rate Swap $ in Thousands	Sep. 30, 2020USD ($)
Derivative [Line Items]
Notional  amount	$ 1,252,287
Minimum
Derivative [Line Items]
Fixed Interest Rates	1.12%
Maximum
Derivative [Line Items]
Fixed Interest Rates	2.90%

RELATED PARTY TRANSACTIONS - SC

RELATED PARTY TRANSACTIONS - SCHEDULE OF RELATED PARTY TRANSACTIONS (Details) - Golar and Affiliates - USD ($)	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Related Party Transaction
Management and administrative services fees	$ (2,215,000)	$ (2,448,000)	$ (6,324,000)	$ (7,195,000)
Distributions with Golar, net	(460,000)	(3,163,000)	178,000	(14,572,000)
Ship management fees
Related Party Transaction
Fees and expenses	(1,316,000)	(1,115,000)	(3,948,000)	(3,345,000)
Interest Expense On Short-Term Credit Facility
Related Party Transaction
Fees and expenses	$ 0	$ 0	$ (285,000)	$ 0

RELATED PARTY TRANSACTIONS - _2

RELATED PARTY TRANSACTIONS - SCHEDULE OF RELATED PARTY BALANCES (Details) - Golar LNG Limited - USD ($) $ in Thousands	Sep. 30, 2020	Dec. 31, 2019
Related Party Transaction
Total due (to)/from related parties	$ (4,427)	$ 5,098
Balances due (to)/from Golar and affiliates
Related Party Transaction
Total due (to)/from related parties	(4,278)	2,845
Methane Princess lease security deposit movements
Related Party Transaction
Total due (to)/from related parties	$ (149)	$ 2,253

RELATED PARTY TRANSACTIONS - NA

RELATED PARTY TRANSACTIONS - NARRATIVE (Details)

Nov. 28, 2018USD ($)

Sep. 09, 2015USD ($)quarterly_payment

May 31, 2020USD ($)

Apr. 30, 2020USD ($)

Mar. 31, 2020USD ($)

Feb. 29, 2020USD ($)

Sep. 30, 2020USD ($)

Sep. 30, 2019USD ($)

Sep. 30, 2020USD ($)

Sep. 30, 2019USD ($)

Dec. 31, 2018USD ($)

Jul. 31, 2018

Jul. 12, 2018

Related Party Transaction

Repayments of debt

$ 113,445,000

$ 63,853,000

Distributions paid

40,506,000

95,021,000

Debt guarantee

$ 405,800,000

$ 405,800,000

Golar Management

Related Party Transaction

Management fee (percentage)

5.00%

Required notice for termination of management service agreement (in days)

120 days

Golar Management | Ship management fees

Related Party Transaction

Required notice for termination of management service agreement (in days)

30 days

Golar LNG Limited

Related Party Transaction

Distributions paid

500,000

$ 9,200,000

$ 10,100,000

27,500,000

Golar, Keppel, and B&V

Related Party Transaction

Reimbursement percent

50.00%

Reimbursement threshold

$ 32,400,000

Withholding taxes threshold

$ 4,200,000

Maximum exposure period

8 years

Maximum reimbursement

20,000,000

$ 20,000,000

Fortune Lianjiang Shipping | Golar Hilli LLC

Related Party Transaction

Covenant, free liquid assets

$ 30,000,000

Covenant, net debt to EBITDA leverage ratio, maximum

6.5

Covenant, consolidated tangible net worth

$ 123,950,000

Hilli LLC

Related Party Transaction

Business acquisition, percentage of interests acquired

50.00%

50.00%

Affiliated Entity | PT Pesona

Related Party Transaction

Agency expense

100,000

100,000

400,000

400,000

Golar LNG Limited | Ship management fees

Related Party Transaction

Interest paid

(1,316,000)

(1,115,000)

(3,948,000)

(3,345,000)

Golar LNG Limited | Interest Expense On Short-Term Credit Facility

Related Party Transaction

Interest paid

0

0

(285,000)

0

Other Current Liabilities

Related Party Transaction

Guarantees, fair value

1,600,000

1,600,000

Other Noncurrent Liabilities

Related Party Transaction

Guarantees, fair value

5,400,000

5,400,000

Hilli Facility | Hilli LLC

Related Party Transaction

Debt instrument, face amount

$ 960,000,000

Basis spread on variable rate

3.95%

Long-term debt, term

10 years

Number of quarterly repayments | quarterly_payment

40

Percentage of quarterly repayments of construction costs

1.375%

Unsecured Revolving Credit Facility | Golar LNG Limited | Revolving Credit Facility

Related Party Transaction

Line of credit facility, maximum borrowing capacity

$ 25,000,000

Proceeds from related party debt

$ 15,000,000

Unsecured Revolving Credit Facility | Golar LNG Limited | Revolving Credit Facility | London Interbank Offered Rate (LIBOR)

Related Party Transaction

Basis spread on variable rate

5.00%

Golar Borrowings February Two Thousand Twenty | Golar LNG Limited

Related Party Transaction

Debt instrument, face amount

$ 25,000,000

Repayments of debt

$ 5,000,000

$ 20,000,000

Golar Borrowings February Two Thousand Twenty | Golar LNG Limited | London Interbank Offered Rate (LIBOR)

Related Party Transaction

Basis spread on variable rate

5.00%

Interest Rate Swap

Related Party Transaction

Notional  amount

1,252,287,000

1,252,287,000

Interest Rate Swap | Hilli LLC

Related Party Transaction

Notional  amount

$ 480,000,000

Hilli LLC

Related Party Transaction

Cash distributions declared

0

6,000,000

10,300,000

12,900,000

Hilli LLC | Golar, Keppel, and B&V

Related Party Transaction

Operating expense reimbursement

0

$ 800,000

300,000

$ 800,000

Golar, Keppel, and B&V

Related Party Transaction

Reimbursement threshold

39,500,000

Withholding taxes threshold

5,200,000

Maximum reimbursement

$ 20,000,000

$ 20,000,000

PT Pesona

Related Party Transaction

Noncontrolling interest, ownership percentage by noncontrolling owners

51.00%

51.00%

OTHER COMMITMENTS AND CONTING_3

OTHER COMMITMENTS AND CONTINGENCIES (Details) £ in Millions	9 Months Ended
	Sep. 30, 2020USD ($)lease	Sep. 30, 2020GBP (£)	Dec. 31, 2019USD ($)
Loss Contingencies [Line Items]
Assets pledged	$ 1,418,667,000		$ 1,464,438,000
Leases subject to tax lease | lease	1
Accrued gain (loss) on terminated contracts	$ 1,500,000
Foreign Tax Authority | Indonesia | NR Satu Related Claim
Loss Contingencies [Line Items]
Estimate of possible loss	24,000,000
Foreign Tax Authority | Indonesia | Land And Building Tax Assessments
Loss Contingencies [Line Items]
Loss contingency, estimate of possible loss			3,800,000
Vessels And Equipment
Loss Contingencies [Line Items]
Assets pledged	1,306,238,000		1,350,301,000
Net Investment In Leased Vessel
Loss Contingencies [Line Items]
Assets pledged	112,429,000		$ 114,137,000
Methane Princess | Minimum | Foreign Tax Authority | UNITED KINGDOM
Loss Contingencies [Line Items]
Estimate of possible loss	0
Methane Princess | Maximum | Foreign Tax Authority | UNITED KINGDOM
Loss Contingencies [Line Items]
Estimate of possible loss	$ 32,000,000	£ 24

EARNINGS_ LOSSES PER UNIT AND_3

EARNINGS/ LOSSES PER UNIT AND CASH DISTRIBUTIONS (Details) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	3 Months Ended		9 Months Ended
	Sep. 30, 2020	Sep. 30, 2019	Sep. 30, 2020	Sep. 30, 2019
Earnings/(losses) per unit (basic and diluted):
Cash distributions declared and paid in the period per unit (in dollars per share)	$ 0.02	$ 0.40	$ 0.44	$ 1.21
Subsequent event: Cash distributions declared and paid per unit relating to the period (in dollars per share)	$ 0.02	$ 0.40	$ 0.02	$ 0.40
Ownership interest by third party (percentage)	69.20%		69.20%
Common unitholders
Distribution Made to Limited Partner
Common unitholders’ interest in net income/(loss)	$ 14,054	$ 4,808	$ (10,398)	$ (21,213)
Less: distributions paid	(1,400)	(39,844)	(4,200)	(120,065)
Under/(over) distributed earnings	$ 12,654	$ (35,036)	$ (14,598)	$ (141,278)
Basic and diluted:
Weighted average units outstanding (in shares)	69,302	69,379	69,302	69,429
Earnings/(losses) per unit (basic and diluted):
Basic and diluted - common unitholders (in dollars per share)	$ 0.20	$ 0.07	$ (0.15)	$ (0.31)

SUBSEQUENT EVENTS (Details)

SUBSEQUENT EVENTS (Details) - USD ($)	Nov. 14, 2020	Nov. 06, 2020	Nov. 30, 2020	May 31, 2020	Sep. 30, 2020	Sep. 30, 2019
Subsequent Event
Distributions paid					$ 40,506,000	$ 95,021,000
Revolving Credit Facility | Unsecured Revolving Credit Facility | Golar LNG Limited
Subsequent Event
Line of credit facility, maximum borrowing capacity				$ 25,000,000
Proceeds from related party debt				$ 15,000,000
Subsequent Event | Revolving Credit Facility | Unsecured Revolving Credit Facility | Golar LNG Limited
Subsequent Event
Line of credit facility, maximum borrowing capacity			$ 15,000,000
Proceeds from related party debt			$ 5,000,000
Basis spread on variable rate			5.00%
Common Stock | Subsequent Event
Subsequent Event
Cash distribution (in dollars per share)		$ 0.0202
Distributions paid		$ 1,400,000
Series A Preferred Stock | Subsequent Event
Subsequent Event
Cash distribution (in dollars per share)	$ 0.546875
Distributions paid	$ 3,000,000