0001140361-21-027401 | 10-Q | XBRL Viewer

Receivables, net of allowances of $90 and $98, respectively

57,353

12,814

121,962

76,544

Inventory

61,491

22,860

Prepaid expenses and other current assets, net

92,010

48,270

Total current assets

475,954

762,010

Property, plant and equipment, net

29,827

15,000

Construction in progress

692,745

234,037

2,038,738

614,206

Equity method investments

1,312,072

Right-of-use assets

139,136

141,347

Intangible assets, net

225,668

46,102

Finance leases, net

606,108

7,044

Goodwill

748,602

Deferred tax assets, net

6,221

2,315

Other non-current assets, net

117,004

86,030

Current portion of long-term debt

6,392,075

^[1]

1,908,091

Current liabilities

204,551

Accounts payable

97,455

21,331

Accrued liabilities

192,723

90,352

Current lease liabilities

30,077

35,481

Due to affiliates

6,060

8,980

Other current liabilities

104,598

35,006

Total current liabilities

635,464

191,150

Long-term debt

3,326,303

1,239,561

Non-current lease liabilities

89,673

84,323

Deferred tax liabilities, net

293,073

2,330

Other long-term liabilities

45,643

15,641

Total liabilities

4,390,156

1,533,005

Commitments and contingencies (Note 20)

Stockholders' equity

Additional paid-in capital

1,932,318

594,534

Accumulated deficit

(273,450)

(229,503)

Accumulated other comprehensive income

101,422

182

Total stockholders' equity attributable to NFE

1,762,350

366,959

Non-controlling interest

239,569

8,127

Total stockholders' equity

2,001,919

375,086

Total liabilities and stockholders' equity

6,392,075

1,908,091

Class A Common Stock [Member]

Stockholders' equity

Class A common stock, $0.01 par value, 750.0 million shares authorized, 206.7 million issued and outstanding as of June 30, 2021; 174.6 million issued and outstanding as of December 31, 2020

$ 2,060

$ 1,746

[1]	Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.

Condensed Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands, shares in Millions	Jun. 30, 2021	Dec. 31, 2020
Current assets
Allowances for receivables	$ 90	$ 98
Class A Common Stock [Member]
Stockholders' equity
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	750.0	750.0
Common stock, shares issued (in shares)	206.7	174.6
Shares outstanding (in shares)	206.7	174.6

Condensed Consolidated Statements of Operations and Comprehensive Loss - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Revenues
Operating revenue	$ 102,836	$ 76,177	$ 194,032	$ 139,679
Vessel charter revenue	64,561	0	64,561	0
Other revenue	56,442	18,389	110,930	29,417
Total revenues	223,839	94,566	369,523	169,096
Operating expenses
Cost of sales	101,430	69,899	198,101	138,115
Vessel operating expenses	15,400	0	15,400	0
Operations and maintenance	18,565	9,500	34,816	17,983
Selling, general and administrative	44,536	31,846	78,152	60,216
Transaction and integration costs	29,152	0	40,716	0
Contract termination charges and loss on mitigation sales	0	123,906	0	124,114
Depreciation and amortization	26,997	7,620	36,886	12,874
Total operating expenses	236,080	242,771	404,071	353,302
Operating loss	(12,241)	(148,205)	(34,548)	(184,206)
Interest expense	31,482	17,198	50,162	31,088
Other (income) expense, net	(7,457)	999	(8,058)	1,610
Loss on extinguishment of debt, net	0	0	0	9,557
Net loss before income from equity method investments and income taxes	(36,266)	(166,402)	(76,652)	(226,461)
Income from equity method investments	38,941	0	38,941	0
Tax provision	4,409	117	3,532	113
Net loss	(1,734)	(166,519)	(41,243)	(226,574)
Net (income) loss attributable to non-controlling interest	(4,310)	29,094	(2,704)	80,851
Net loss attributable to stockholders	$ (6,044)	$ (137,425)	$ (43,947)	$ (145,723)
Net loss per share - basic (in dollars per share)	$ (0.03)	$ (2.40)	$ (0.23)	$ (3.49)
Net loss per share - diluted (in dollars per share)	$ (0.03)	$ (2.40)	$ (0.23)	$ (3.49)
Weighted average number of shares outstanding - basic (in shares)	202,331,304	57,341,215	189,885,473	41,771,849
Weighted average number of shares outstanding - diluted (in shares)	202,331,304	57,341,215	189,885,473	41,771,849
Other comprehensive loss:
Net loss	$ (1,734)	$ (166,519)	$ (41,243)	$ (226,574)
Currency translation adjustment	(101,690)	(520)	(100,693)	(151)
Comprehensive income (loss)	99,956	(165,999)	59,450	(226,423)
Comprehensive (income) loss attributable to non-controlling interest	(4,637)	29,009	(2,157)	81,082
Comprehensive income (loss) attributable to stockholders	$ 95,319	$ (136,990)	$ 57,293	$ (145,341)

Condensed Consolidated Statements of Changes in Stockholders' Equity - USD ($) $ in Thousands	Common Stock [Member] Class A Shares [Member]	Common Stock [Member] Class B Shares [Member]	Common Stock [Member] Class A Common Stock [Member]	Additional Paid-in Capital [Member]	Accumulated Deficit [Member]	Accumulated Other Comprehensive (Loss) Income [Member]	Non-controlling Interest [Member]	Total	Class A Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] Class A Shares [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] Class B Shares [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Common Stock [Member] Class A Common Stock [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Additional Paid-in Capital [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Deficit [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Accumulated Other Comprehensive (Loss) Income [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member] Non-controlling Interest [Member]	Cumulative Effect, Period of Adoption, Adjustment [Member]
Balance at Dec. 31, 2019	$ 130,658	$ 0	$ 0	$ 0	$ (45,823)	$ (30)	$ 302,519	$ 387,324
Balance (ASC 842 [Member]) at Dec. 31, 2019										$ 0	$ 0	$ 0	$ 0	$ (1,533)	$ 0	$ (7,780)	$ (9,313)
Balance (in shares) at Dec. 31, 2019	23,607,096	144,342,572	0
Balance (in shares) (ASC 842 [Member]) at Dec. 31, 2019										0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ 0	$ 0	$ 0	0	(8,466)	0	(51,757)	(60,223)
Other comprehensive loss	0	0	0	0	0	(53)	(316)	(369)
Share-based compensation expense	2,508	0	0	0	0	0	0	2,508
Issuance of shares for vested RSUs	$ 0	$ 0	$ 0	0	0	0	0	0
Issuance of shares for vested RSUs (in shares)	1,212,907	0	0
Shares withheld from employees related to share-based compensation, at cost	$ (6,132)	$ 0	$ 0	0	0	0	0	(6,132)
Shares withheld from employees related to share-based compensation, at cost (in shares)	(583,508)	0	0
Balance at Mar. 31, 2020	$ 127,034	$ 0	$ 0	0	(55,822)	(83)	242,666	313,795
Balance (in shares) at Mar. 31, 2020	24,236,495	144,342,572	0
Balance at Dec. 31, 2019	$ 130,658	$ 0	$ 0	0	(45,823)	(30)	302,519	387,324
Balance (ASC 842 [Member]) at Dec. 31, 2019										$ 0	$ 0	$ 0	$ 0	$ (1,533)	$ 0	$ (7,780)	$ (9,313)
Balance (in shares) at Dec. 31, 2019	23,607,096	144,342,572	0
Balance (in shares) (ASC 842 [Member]) at Dec. 31, 2019										0	0	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income								(226,574)
Balance at Jun. 30, 2020	$ 335,503	$ 0	$ 0	0	(193,247)	352	7,070	(149,678)
Balance (in shares) at Jun. 30, 2020	168,587,346	0	0
Balance at Mar. 31, 2020	$ 127,034	$ 0	$ 0	0	(55,822)	(83)	242,666	313,795
Balance (in shares) at Mar. 31, 2020	24,236,495	144,342,572	0
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ 0	$ 0	$ 0	0	(137,425)	0	(29,094)	(166,519)
Other comprehensive loss	0	0	0	0	0	435	85	520
Share-based compensation expense	1,922	0	0	0	0	0	0	1,922
Issuance of shares for vested RSUs	$ 0	$ 0	$ 0	0	0	0	0	0
Issuance of shares for vested RSUs (in shares)	11,529	0	0
Shares withheld from employees related to share-based compensation, at cost	$ (40)	$ 0	$ 0	0	0	0	0	(40)
Shares withheld from employees related to share-based compensation, at cost (in shares)	(3,250)	0	0
Exchange of NFI Units	$ 206,587	$ 0	$ 0	0	0	0	(206,587)	0
Exchange of NFI Units (in shares)	144,342,572	(144,342,572)	0
Balance at Jun. 30, 2020	$ 335,503	$ 0	$ 0	0	(193,247)	352	7,070	(149,678)
Balance (in shares) at Jun. 30, 2020	168,587,346	0	0
Balance at Dec. 31, 2020	$ 0	$ 0	$ 1,746	594,534	(229,503)	182	8,127	375,086
Balance (in shares) at Dec. 31, 2020	0	0	174,622,862
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ 0	$ 0	$ 0	0	(37,903)	0	(1,606)	(39,509)
Other comprehensive loss			0	0	0	(123)	(874)	(997)
Share-based compensation expense			0	1,770	0	0	0	1,770
Issuance of shares for vested RSUs	$ 0	$ 0	$ 0	0				0
Issuance of shares for vested RSUs (in shares)	0	0	1,335,787
Shares withheld from employees related to share-based compensation, at cost	$ 0	$ 0	$ 0	(27,571)	0	0	0	(27,571)
Shares withheld from employees related to share-based compensation, at cost (in shares)	0	0	(638,235)
Dividends	$ 0	$ 0	$ 0	(17,598)	0	0	0	(17,598)	$ (17,598)
Balance at Mar. 31, 2021	$ 0	$ 0	$ 1,746	551,135	(267,406)	59	5,647	291,181
Balance (in shares) at Mar. 31, 2021	0	0	175,320,414
Balance at Dec. 31, 2020	$ 0	$ 0	$ 1,746	594,534	(229,503)	182	8,127	375,086
Balance (in shares) at Dec. 31, 2020	0	0	174,622,862
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income								(41,243)
Balance at Jun. 30, 2021	$ 0	$ 0	$ 2,060	1,932,318	(273,450)	101,422	239,569	2,001,919
Balance (in shares) at Jun. 30, 2021	0	0	206,698,564
Balance at Mar. 31, 2021	$ 0	$ 0	$ 1,746	551,135	(267,406)	59	5,647	291,181
Balance (in shares) at Mar. 31, 2021	0	0	175,320,414
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net (loss) income	$ 0	$ 0	$ 0	0	(6,044)	0	4,310	(1,734)
Other comprehensive loss	0	0	0	0	0	101,363	327	101,690
Share-based compensation expense	0	0	0	1,613	0	0	0	1,613
Shares issued as consideration in business combinations	$ 0	$ 0	$ 314	1,400,470	0	0	0	1,400,784
Shares issued as consideration in business combinations (in shares)	0	0	31,372,549
Issuance of shares for vested RSUs	$ 0	$ 0	$ 0	0	0	0	0	0
Issuance of shares for vested RSUs (in shares)	0	0	8,930
Shares withheld from employees related to share-based compensation, at cost	$ 0	$ 0	$ 0	(164)	0	0	0	(164)
Shares withheld from employees related to share-based compensation, at cost (in shares)	0	0	(3,329)
Non-controlling interest acquired in business combinations							229,285	229,285
Dividends	$ 0	$ 0	$ 0	(20,736)	0	0	0	(20,736)	$ (20,736)
Balance at Jun. 30, 2021	$ 0	$ 0	$ 2,060	$ 1,932,318	$ (273,450)	$ 101,422	$ 239,569	$ 2,001,919
Balance (in shares) at Jun. 30, 2021	0	0	206,698,564

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Cash flows from operating activities
Net loss	$ (41,243)	$ (226,574)
Adjustments for:
Amortization of deferred financing costs and debt guarantee, net	(6,290)	6,965
Depreciation and amortization	37,462	13,324
Earnings of equity method investees	(38,941)	0
Dividends received from equity method investees	7,386	0
Sales-type lease payments received in excess of interest income	2,388	0
Change in market value of derivatives	(7,073)	(294)
Contract termination charges and loss on mitigation sales	0	124,114
Loss on extinguishment and financing expenses	0	9,557
Deferred taxes	2,447	15
Change in value of Investment of equity securities	(88)	2,217
Share-based compensation	3,383	4,430
Other	275	1,201
Changes in operating assets and liabilities net of acquisitions:
(Increase) in receivables	(38,018)	(9,214)
(Increase) in inventories	(35,458)	(4,794)
Decrease (Increase) in other assets	3,679	(9,446)
Decrease in right-of-use assets	2,072	17,781
Increase in accounts payable/accrued liabilities	24,732	13,655
(Decrease) in amounts due to affiliates	(2,919)	(3,666)
Increase (Decrease) in lease liabilities	133	(19,873)
(Decrease) Increase in other liabilities	(25,279)	279
Net cash used in operating activities	(111,352)	(80,323)
Cash flows from investing activities
Capital expenditures	(235,324)	(95,422)
Cash paid for business combinations, net of cash acquired	(1,586,042)	0
Entities acquired in asset acquisitions, net of cash acquired	(8,817)	0
Other investing activities	(750)	78
Net cash used in investing activities	(1,830,933)	(95,344)
Cash flows from financing activities
Proceeds from borrowings of debt	1,652,500	832,144
Payment of deferred financing costs	(20,989)	(13,600)
Repayment of debt	(15,864)	(506,402)
Payments related to tax withholdings for share-based compensation	(29,717)	(6,117)
Payment of dividends	(41,346)	0
Net cash provided by financing activities	1,544,584	306,025
Impact of changes in foreign exchange rates on cash and cash equivalents	(1,317)	0
Net (decrease) increase in cash, cash equivalents and restricted cash	(399,018)	130,358
Cash, cash equivalents and restricted cash - beginning of period	629,336	93,035
Cash, cash equivalents and restricted cash - end of period	230,318	223,393
Supplemental disclosure of non-cash investing and financing activities:
Changes in accounts payable and accrued liabilities associated with construction in progress and property, plant and equipment additions	85,513	(3,084)
Liabilities associated with consideration paid for entities acquired in asset acquisitions	9,959	0
Consideration paid in shares for business combinations	$ 1,400,784	$ 0

Organization

6 Months Ended

Jun. 30, 2021

Organization [Abstract]

Organization

New Fortress Energy Inc. (“NFE,” together with its subsidiaries, the “Company”), a Delaware corporation, is a global integrated gas-to-power infrastructure company that seeks to use natural gas to satisfy the world’s large and growing power needs and is engaged in providing energy and development services to end-users worldwide seeking to convert their operating assets from diesel or heavy fuel oil to LNG. The Company has liquefaction, regasification and power generation operations in the United States, Jamaica and Brazil. Subsequent to the Mergers (defined below), the Company now has marine operations with vessels operating under time charters and in the spot market globally.

On April 15, 2021, the Company completed the acquisitions of Hygo Energy Transition Ltd. (“Hygo”) and Golar LNG Partners LP (“GMLP”); referred to as the “Hygo Merger” and “GMLP Merger,” respectively and, collectively, the “Mergers”. NFE paid $580 million in cash and issued 31,372,549 shares of Class A common stock to Hygo’s shareholders in connection with the Hygo Merger. NFE paid $3.55 per each common unit of GMLP outstanding and for each of the outstanding membership interests of GMLP’s general partner, totaling $251 million. The Company also repaid certain outstanding debt facilities of GMLP in conjunction with closing the GMLP Merger. The results of operations of Hygo and GMLP have been included in the Company’s condensed consolidated financial statements for the period subsequent to the Mergers.

As a result of the Mergers the Company acquired one operating FSRU terminal in Sergipe, Brazil (the “Sergipe Facility”), a 50% interest in a 1.5GW power plant in Sergipe, Brazil (the “Sergipe Power Plant”), as well as two other FSRU terminals in development in Pará, Brazil (the “Barcarena Facility”) and Santa Catarina, Brazil (the “Santa Catarina Facility”).

The Company acquired the Nanook, a newbuild FSRU moored and in service at the Sergipe Facility. In addition to the Nanook, the Company acquired a fleet of six other FSRUs, six LNG carriers and an interest in a floating liquefaction vessel, the Hilli Episeyo (the “Hilli”), which liquefies and stores LNG at sea and transfers it to LNG carriers that berth while offshore, each of which are expected to help support our existing facilities and international project pipeline. The majority of the FSRUs are operating in Brazil, Kuwait, Indonesia, Jamaica and Jordan under time charters, and uncontracted vessels are available for short term employment in the spot market.

The Company currently conducts its business through two operating segments, Terminals and Infrastructure and Ships. The business and reportable segment information reflect how the Chief Operating Decision Maker (“CODM”) regularly reviews and manages the business.

Significant accounting policies

6 Months Ended

Jun. 30, 2021

Significant accounting policies [Abstract]

Significant accounting policies

2.	Significant accounting policies

The principal accounting policies adopted are set out below.

(a)	Basis of presentation and principles of consolidation

The accompanying unaudited interim condensed consolidated financial statements contained herein were prepared in accordance with accounting principles generally accepted in the United States of America (“GAAP”) and reflect all normal and recurring adjustments which are, in the opinion of management, necessary to provide a fair statement of the financial position, results of operations and cash flows of the Company for the interim periods presented. These condensed consolidated financial statements and accompanying notes should be read in conjunction with the Company’s annual audited consolidated financial statements and accompanying notes included in its Annual Report on Form 10-K for the year ended December 31, 2020.

The condensed consolidated financial statements include the accounts of the Company and its wholly-owned and majority-owned consolidated subsidiaries. The ownership interest of other investors in consolidated subsidiaries is recorded as a non-controlling interest. All significant intercompany transactions and balances have been eliminated on consolidation.

A variable interest entity (“VIE”) is an entity that by design meets any of the following characteristics: (1) lacks sufficient equity to allow the entity to finance its activities without additional subordinated financial support; (2) as a group, equity investors do not have the ability to make significant decisions relating to the entity’s operations through voting rights, or do not have the obligation to absorb the expected losses or do not have the right to receive residual returns of the entity; or (3) the voting rights of some investors are not proportional to their obligations to absorb the expected losses of the entity, their rights to receive the expected residual returns of the entity, or both, and substantially all of the entity’s activities either involve or are conducted on behalf of an investor that has disproportionately few voting rights. The primary beneficiary of a VIE is required to consolidate the assets and liabilities of the VIE. The primary beneficiary is the party that has both (1) the power to direct the economic activities of the VIE that most significantly impact the VIE’s economic performance; and (2) through its interest in the VIE, the obligation to absorb the losses or the right to receive the benefits from the VIE that could potentially be significant to the VIE.

The sale and leaseback financings for certain vessels acquired in the GMLP Merger and Hygo Merger were consummated with VIEs. As part of these financings, the asset was sold to a single asset entity of the lending bank and then leased back. While the Company does not hold an equity investment in these entities, these entities are VIEs, and the Company has a variable interest in the entities due to the guarantees and fixed price repurchase options that absorb the losses of the VIE that could potentially be significant to the entity. The Company has concluded that it has the power to direct the economic activities that most impact the economic performance as it controls the significant decisions relating to the assets and it has the obligation to absorb losses or the right to receive the residual returns from the leased asset. As NFE has no equity interest in these VIEs, all equity attributable to these VIEs is included in non-controlling interests in the condensed consolidated financial statements.

(b)	Revenue recognition

Terminals and Infrastructure

Within the Terminals and Infrastructure segment, the Company’s contracts with customers may contain one or several performance obligations usually consisting of the sale of LNG, natural gas, power and steam, which are outputs from the Company’s natural gas-fueled infrastructure. The transaction price for each of these contracts is structured using similar inputs and factors regardless of the output delivered to the customer. The customers consume the benefit of the natural gas, power and steam when they are delivered by the Company to the customer’s power generation facilities or interconnection facility. Natural gas, power and steam qualify as a series with revenue being recognized over time using an output method, based on the quantity of natural gas, power or steam that the customer has consumed. LNG is typically delivered in containers transported by truck to customer sites. Revenue from sales of LNG delivered by truck is recognized at the point in time at which physical possession and the risks and rewards of ownership transfer to the customer, either when the containers are shipped or delivered to the customers’ storage facilities, depending on the terms of the contract. Because the nature, timing and uncertainty of revenue and cash flows are substantially the same for LNG, natural gas, power and steam, the Company has presented Operating revenue on an aggregated basis.

The Company has concluded that variable consideration included in its agreements meets the exception for allocating variable consideration. As such, the variable consideration for these contracts is allocated to each distinct unit of LNG, natural gas, power or steam delivered and recognized when that distinct unit is delivered to the customer.

The Company’s contracts with customers to supply natural gas or LNG may contain a lease of equipment, which may be accounted for as a finance or operating lease. For the Company’s operating leases, the Company has elected the practical expedient to combine revenue for the sale of natural gas or LNG and operating lease income as the timing and pattern of transfer of the components are the same. The Company has concluded that the predominant component of the transaction is the sale of natural gas or LNG and therefore has not separated the lease component. The lease component of such operating leases is recognized as Operating revenue in the condensed consolidated statements of operations and comprehensive loss. The Company allocates consideration in agreements containing finance leases between lease and non-lease components based on the relative fair value of each component. The fair value of the lease component is estimated based on the estimated standalone selling price of the same or similar equipment leased to the customer. The Company estimates the fair value of the non-lease component by forecasting volumes and pricing of gas to be delivered to the customer over the lease term.

The current and non-current portion of finance leases are recorded within Prepaid expenses and other current assets and Finance leases, net on the condensed consolidated balance sheets, respectively. For finance leases accounted for as sales-type leases, the profit from the sale of equipment is recognized upon lease commencement in Other revenue in the condensed consolidated statements of operations and comprehensive loss. The lease payments for finance leases are segregated into principal and interest components similar to a loan. Interest income is recognized on an effective interest method over the lease term and included in Other revenue in the condensed consolidated statements of operations and comprehensive loss. The principal component of the lease payment is reflected as a reduction to the net investment in the lease.

In addition to the revenue recognized from the finance lease components of agreements with customers, Other revenue includes revenue recognized from the construction, installation and commissioning of equipment, inclusive of natural gas delivered for the commissioning process, to transform customers’ facilities to operate utilizing natural gas or to allow customers to receive power or other outputs from our natural gas-fueled power generation facilities. Revenue from these development services is recognized over time as the Company transfers control of the asset to the customer or based on the quantity of natural gas consumed as part of commissioning the customer’s facilities until such time that the customer has declared such conversion services have been completed. If the customer is not able to obtain control over the asset under construction until such services are completed, revenue is recognized when the services are completed and the customer has control of the infrastructure. Such agreements may also include a significant financing component, and the Company recognizes revenue for the interest income component over the term of the financing as Other revenue.

The timing of revenue recognition, billings and cash collections results in receivables, contract assets and contract liabilities. Receivables represent unconditional rights to consideration; unbilled amounts typically result from sales under long-term contracts when revenue recognized exceeds the amount billed to the customer. Contract assets are comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods. Both unbilled receivables and contract assets are recognized within Prepaid expenses and other current assets, net and Other non-current assets, net on the condensed consolidated balance sheets. Contract liabilities consist of deferred revenue and are recognized within Other current liabilities on the condensed consolidated balance sheets.

Shipping and handling costs are not considered to be separate performance obligations. These costs are recognized in the period in which the costs are incurred and presented within Cost of sales in the condensed consolidated statements of operations and comprehensive loss. All such shipping and handling activities are performed prior to the customer obtaining control of the LNG or natural gas.

The Company collects sales taxes from its customers based on sales of taxable products and remits such collections to the appropriate taxing authority. The Company has elected to present sales tax collections in the condensed consolidated statements of operations and comprehensive loss on a net basis and, accordingly, such taxes are excluded from reported revenues.

The Company elected the practical expedient under which the Company does not adjust consideration for the effects of a significant financing component for those contracts where the Company expects at contract inception that the period between transferring goods to the customer and receiving payment from the customer will be one year or less.

Ships

Charter contracts for the use of the FSRUs and LNG carriers acquired as part of the Mergers are leases as the contracts convey the right to obtain substantially all of the economic benefits from the use of the asset and allow the customer to direct the use of that asset.

At inception, the Company makes an assessment on whether the charter contract is an operating lease or a finance lease. In making the classification assessment, the Company estimates the residual value of the underlying asset at the end of the lease term with reference to broker valuations. None of the vessel lease contracts contain residual value guarantees. Renewal periods and termination options are included in the lease term if the Company believes such options are reasonably certain to be exercised by the lessee. Generally, lease accounting commences when the asset is made available to the customer, however, where the contract contains specific customer acceptance testing conditions, the lease will not commence until the asset has successfully passed the acceptance test. The Company assesses leases for modifications when there is a change to the terms and conditions of the contract that results in a change in the scope or the consideration of the lease.

For charter contracts that are determined to be finance leases accounted for as sales-type leases, the profit from the sale of the vessel is recognized upon lease commencement in Other revenue in the condensed consolidated statements of operations and comprehensive loss. The lease payments for finance leases are segregated into principal and interest components similar to a loan. Interest income is recognized on an effective interest method over the lease term and included in Other revenue in the condensed consolidated statements of operations and comprehensive loss. The principal component of the lease payment is reflected as a reduction to the net investment in the lease. Revenue related to operating and service agreements in connection with charter contracts accounted for as sales-type leases are recognized over the term of the charter as the service is provided within Vessel charter revenue in the condensed consolidated statements of operations and comprehensive loss.

Revenues include fixed minimum lease payments under charters accounted for as operating leases and fees for repositioning vessels. Revenues generated from charters contracts are recorded over the term of the charter on a straight-line basis as service is provided and is included in Vessel charter revenue in the condensed consolidated statements of operations and comprehensive loss. Fixed revenue includes fixed payments (including in-substance fixed payments that are unavoidable) and variable payments based on a rate or index. For operating leases, the Company has elected the practical expedient to combine service revenue and operating lease income as the timing and pattern of transfer of the components are the same. Variable lease payments are recognized in the period in which the circumstances on which the variable lease payments are based become probable or occur.

Repositioning fees are included in Vessel charter revenues and are recognized at the end of the charter when the fee becomes fixed. However, where there is a fixed amount specified in the charter, which is not dependent upon redelivery location, the fee will be recognized evenly over the term of the charter.

Costs directly associated with the execution of the lease or costs incurred after lease inception but prior to the commencement of the lease that directly relate to preparing the asset for the contract are capitalized and amortized in Vessel operating expenses in the condensed consolidated statements of operations and comprehensive loss over the lease term.

Two of the Company’s LNG carriers participate in a LNG carrier pool collaborative arrangement with Golar LNG Limited, referred to as the Cool Pool. The Cool Pool allows the pool participants to optimize the operation of the pool vessels through improved scheduling ability, cost efficiencies and common marketing. Under the Pool Agreement, the Pool Manager is responsible, as an agent, for the marketing and chartering of the participating vessels and paying certain voyage costs such as port call expenses and brokers' commissions in relation to employment contracts, with each of the Pool Participants continuing to be fully responsible for fulfilling the performance obligations in the contract.

The Company is primarily responsible for fulfilling the performance obligations in the time charters of vessels owned by the Company, and the Company is the principal in such time charters. Revenue and expenses for charters of the Company’s vessels that participate in the Cool Pool are presented on a gross basis within Vessel charter revenues and Vessel operating expenses, respectively, in the condensed consolidated statements of operations and comprehensive loss. The Company’s allocation of its share of the net revenues earned from the other pool participants' vessels, which may be either income or expense depending on the results of all pool participants, is reflected on a net basis within Vessel operating expenses in the condensed consolidated statements of operations and comprehensive loss.

(c)	Business combinations

Business combinations are accounted for under the acquisition method. On acquisition, the identifiable assets acquired and liabilities assumed are measured at their fair values at the date of acquisition. Any excess of the purchase price over the fair values of the identifiable net assets acquired is recognized as goodwill. Acquisition related costs are expensed as incurred. The results of operations of acquired businesses are included in the Company’s condensed consolidated statements of operations and comprehensive loss from the date of acquisition.

If the assets acquired do not meet the definition of a business, the transaction is accounted for as an asset acquisition and no goodwill is recognized. Costs incurred in conjunction with asset acquisitions are included in the purchase price, and any excess consideration transferred over the fair value of the net assets acquired is reallocated to the identifiable assets based on their relative fair values.

(d)	Equity method investments

The Company accounts for investments in entities over which the Company has significant influence, but do not meet the criteria for consolidation, under the equity method of accounting. Under the equity method of accounting, the Company’s investment is recorded at cost, or in the case of equity method investments acquired as part of the Mergers, at the acquisition date fair value of the investment. The carrying amount is adjusted for the Company’s share of the earnings or losses, and dividends received from the investee reduce the carrying amount of the investment. The Company allocates the difference between the fair value of investments acquired in the Mergers and the Company’s proportionate share of the carrying value of the underlying assets, or basis difference, across the assets and liabilities of the investee. The basis difference assigned to amortizable net assets is included in Income (loss) from equity method investments in the condensed consolidated statements of operations and comprehensive loss. When the Company’s share of losses in an investee equals or exceeds the carrying value of the investment, no further losses are recognized unless the Company has incurred obligations or made payments on behalf of the investee.

(e)	Lessor expense recognition

Vessel operating expenses, which are recognized when incurred, include crewing, repairs and maintenance, insurance, stores, lube oils, communication expenses and third-party management fees. Voyage expenses principally consist of fuel consumed before or after the term of time charter or when the vessel is off hire. Under time charters, the majority of voyage expenses are paid by customers. To the extent that these costs are a fixed amount specified in the charter, which is not dependent upon redelivery location, the estimated voyage expenses are recognized over the term of the time charter.

Initial direct costs include costs directly related to the negotiation and consummation of the lease are deferred and recognized in Selling, general and administrative over the lease term.

(f)	Guarantees

Guarantees issued by the Company, excluding those that are guaranteeing the Company’s own performance, are recognized at fair value at the time that the guarantees are issued and recognized in Other current liabilities and Other non-current liabilities on the condensed consolidated balance sheets. The guarantee liability is amortized each period as a reduction to Selling, general and administrative expenses. If it becomes probable that the Company will have to perform under a guarantee, the Company will recognize an additional liability if the amount of the loss can be reasonably estimated.

(g)	Derivatives

As part of the Mergers, the Company acquired derivative positions that were used to reduce market risks associated with interest rates and foreign exchange rates. All derivative instruments are initially recorded at fair value as either assets or liabilities on the condensed consolidated balance sheets and subsequently remeasured to fair value, regardless of the purpose or intent for holding the derivative.

Where the fair value of a derivative instrument is a net liability, the derivative instrument is classified in Other current liabilities or Other long-term liabilities on the condensed consolidated balance sheets. Where the fair value of a derivative instrument is a net asset, the derivative instrument is classified in Other current assets or Other non-current assets on the condensed consolidated balance sheets depending on its maturity. The Company has not designated any derivates as cash flow or fair value hedges; however, certain instruments may be considered economic hedges.

(h)	Property, plant and equipment, net

Property, plant and equipment is recorded at cost. Expenditures for construction activities and betterments that extend the useful life of the asset are capitalized. Vessel refurbishment costs are capitalized and depreciated over the vessels' remaining useful economic lives. Refurbishment costs increase the capacity or improve the efficiency or safety of vessels and equipment. Expenditures for routine maintenance and repairs for assets in the Terminals and Infrastructure segment are charged to expense as incurred within Operations and maintenance in the condensed consolidated statements of operations and comprehensive loss; such expenditures for assets in the Ships segment that do not improve the operating efficiency or extend the useful lives of the vessels are expensed as incurred within Vessel operating expenses.

Major maintenance and overhauls of the Company’s power plant and terminals are capitalized and depreciated over the expected period until the next anticipated major maintenance or overhaul. Drydocking expenditures are capitalized when incurred and amortized over the period until the next anticipated drydocking, which is generally five years. For vessels, the Company utilizes the "built-in overhaul" method of accounting. The built-in overhaul method is based on the segregation of vessel costs into those that should be depreciated over the useful life of the vessel and those that require drydocking at periodic intervals to reflect the different useful lives of the components of the assets. The estimated cost of the drydocking component is amortized until the date of the first drydocking following acquisition of the vessel, upon which the cost is capitalized and the process is repeated. If drydocking occurs prior to the expected timing, a cumulative adjustment to recognize the change in expected timing of dry docking is recognized within Depreciation and amortization in the condensed consolidated statements of operations and comprehensive loss.

The Company depreciates property, plant and equipment less the estimate residual value using the straight-line depreciation method over the estimated economic life of the asset or lease term, whichever is shorter using the following useful lives:

	Useful life (Yrs)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leasehold improvements	2-20

The Company reviews the remaining useful life of its assets on a regular basis to determine whether changes have taken place that would suggest that a change to depreciation policies is warranted.

Upon retirement or disposal of property, plant and equipment, the cost and related accumulated depreciation are removed from the account, and the resulting gains or losses, if any, are recorded in the condensed consolidated statements of operations and comprehensive loss. When a vessel is disposed, any unamortized drydocking expenditure is recognized as part of the gain or loss on disposal in the period of disposal.

(i)	Transaction and integration costs

Transaction and integration costs are comprised of costs related to business combinations and include advisory, legal, accounting, valuation and other professional or consulting fees. This caption also includes gains or losses recognized in connection with business combinations, including the settlement of preexisting relationships between the Company and an acquired entity. Financing costs which are not deferred as part of the cost of the financing on the balance sheet are recognized within this caption including fees associated with debt modifications.

Adoption of new and revised standards

6 Months Ended

Jun. 30, 2021

Adoption of new and revised standards [Abstract]

Adoption of new and revised standards

(a)	New standards, amendments and interpretations issued but not effective for the year beginning January 1, 2021:

In August 2020, the Financial Accounting Standards Board (“FASB”) issued Accounting Standards Update (“ASU”) 2020-06, Accounting for Convertible Instruments and Contracts in an Entity’s Own Equity (ASU 2020-06). ASU 2020-06 simplifies the accounting for certain financial instruments with characteristics of liabilities and equity, including convertible instruments and contracts on an entity’s own equity. ASU 2020-06 requires entities to provide expanded disclosures about the terms and features of convertible instruments and amends certain guidance in ASC 260 on the computation of EPS for convertible instruments and contracts on an entity’s own equity. ASU 2020-06 is effective for public companies for fiscal years beginning after December 15, 2021, and interim periods within those fiscal years, with early adoption of all amendments in the same period permitted. The Company is currently assessing the impact of adoption of this guidance.

(b)	New and amended standards adopted by the Company:

In December 2019, FASB issued ASU 2019-12, Income Taxes (Topic 740): Simplifying the Accounting for Income Taxes (“ASU 2019-12”), which simplifies the accounting for income taxes, including removing certain exceptions related to the general principles in ASU 740, Income Taxes. ASU 2019-12 also clarifies and simplifies other aspects of the accounting for income taxes. The adoption of this guidance in the first quarter of 2021 did not have a material impact on the Company’s financial position, results of operations or cash flows.

The entire disclosure for change in accounting principle. Includes, but is not limited to, nature, reason, and method of adopting amendment to accounting standards or other change in accounting principle.

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Acquisitions

6 Months Ended

Jun. 30, 2021

Acquisitions [Abstract]

Acquisitions

Hygo Merger

On April 15, 2021, the Company completed the acquisition of all of the outstanding common and preferred shares representing all voting interests of Hygo, a 50-50 joint venture between Golar LNG Limited (“GLNG”) and Stonepeak Infrastructure Fund II Cayman (G) Ltd., a fund managed by Stonepeak Infrastructure Partners (“Stonepeak”), in exchange for 31,372,549 shares of NFE Class A common stock and $580,000 in cash. The acquisition of Hygo expands the Company’s footprint in South America with three gas-to-power projects in Brazil’s large and fast-growing market.

Based on the closing price of NFE’s common stock on April 15, 2021, the total value of consideration in the Hygo Merger was $1.98 billion, shown as follows:

Consideration			As of April 15, 2021
Cash consideration for Hygo Preferred Shares	$	180,000
Cash consideration for Hygo Common Shares		400,000
Total Cash Consideration			$	580,000
Merger consideration to be paid in shares of NFE Common Stock		1,400,784
Total Non-Cash Consideration				1,400,784
Total Consideration			$	1,980,784

The Company has determined it is the accounting acquirer of Hygo, which will be accounted for under the acquisition method of accounting for business combinations. The total purchase price of the transaction has been allocated to identifiable assets acquired, liabilities assumed and non-controlling interests of Hygo based on their respective estimated fair values as of the closing date.

The process of estimating the fair values of certain tangible assets, identifiable intangible assets and assumed liabilities requires the use of judgment in determining the appropriate assumptions and estimates. The Company is in the process of finalizing the valuation of assets acquired, liabilities assumed and non-controlling interests of Hygo, and therefore the purchase price allocation should be considered preliminary. The preliminary purchase price allocation may be subject to further refinement as the evaluation of the underlying inputs and assumptions of third-party valuations and the assessment of acquisition-related income taxes are finalized. The goodwill balance may be adjusted pending the completion of the valuation of the assets acquired, liabilities assumed and non-controlling interests of Hygo as described above. The preliminary estimates may be subject to adjustments during the measurement period, not to exceed one year, based upon new information obtained about facts and circumstances that existed as of the acquisition date. To the extent that significant changes occur in the future, the Company will disclose such changes in the reporting period in which they occur. Preliminary fair values assigned to the assets acquired, liabilities assumed and non-controlling interests of Hygo as of the closing date were as follows:

Hygo	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	26,641
Restricted cash		48,183
Accounts receivable		5,126
Inventory		1,022
Other current assets		8,095
Assets under development		128,625
Property, plant and equipment, net		385,389
Intangible assets, net		44,702
Equity method investments		805,391
Finance leases, net		601,000
Deferred tax assets, net		1,065
Other non-current assets		52,996
Total assets acquired:	$	2,108,235
Liabilities Assumed
Current portion of long-term debt	$	38,712
Accounts payable		3,059
Accrued liabilities		39,149
Other current liabilities		13,495
Long-term debt		455,165
Deferred tax liabilities, net		241,177
Other non-current liabilities		21,520
Total liabilities assumed:		812,277
Non-controlling interest		62,111
Net assets acquired:		1,233,847
Goodwill	$	746,937

The fair value of Hygo’s non-controlling interest (“NCI”) as of April 15, 2021 was $62,111, including the fair value of the net assets of VIEs that Hygo has consolidated. These VIEs are special purpose vehicles (“SPV”) for the sale and leaseback of certain vessels, and Hygo has no equity investment in these entities. The fair value of NCI was determined based on the valuation of the SPV’s external debt and the loan receivable asset associated with the sales leaseback transaction with Hygo’s subsidiary, using a discounted cash flow method.

The fair value of receivables acquired from Hygo is $8,009, which approximates the gross contractual amount; no material amounts are expected to be uncollectible.

Goodwill is calculated as the excess of the purchase price over the net assets acquired. Goodwill represents access to additional LNG and natural gas distribution systems and power markets, including a local workforce that will allow the Company to rapidly develop and deploy LNG to power solutions.

The Company’s results of operations for the first three and six months of 2021 include Hygo’s result of operations from the date of acquisition, April 15, 2021, through June 30, 2021. Revenue and net income (loss) attributable to Hygo during this period was $17,812 and $36,977, respectively.

GMLP Merger

Also on April 15, 2021, the Company completed the acquisition of all of the outstanding common units, representing all voting interests, of GMLP in exchange for $3.55 in cash per common unit and for each of the outstanding membership interest of GMLP’s general partner. In conjunction with the closing of the GMLP Merger, NFE simultaneously extinguished a portion of GMLP’s debt for total consideration of $1.15 billion.

With the acquisition of GMLP, the Company gains vessels to support the existing terminals and business development pipeline, as well as an interest in a floating natural gas facility (“FLNG”), which is expected to provide consistent cash flow streams under a long-term tolling arrangement. The interest in the FLNG facility also provides the Company access to intellectual property that will be used to develop future FLNG solutions.

The consideration paid by the Company in the GMLP Merger was as follows:

Consideration				As of April 15, 2021
GMLP Common Units ($3.55 per unit x 69,301,636 units)	$	246,021
GMLP General Partner Interest ($3.55 per unit x 1,436,391 units)		5,099
Partnership Phantom Units ($3.55 per unit x 58,960 units)		209
Cash Consideration				$	251,329
GMLP debt repaid in acquisition		899,792
Total Cash Consideration					1,151,121
Cash settlement of preexisting relationship		(3,978	)
Total Consideration				$	1,147,143

The Company has determined it is the accounting acquirer of GMLP, which will be accounted for under the acquisition method of accounting for business combinations. The total purchase price of the transaction has been allocated to identifiable assets acquired, liabilities assumed and non-controlling interests of GMLP based on their respective estimated fair values as of the closing date.

The process of estimating the fair values of certain tangible assets, identifiable intangible assets and assumed liabilities requires the use of judgment in determining the appropriate assumptions and estimates. The Company is in the process of finalizing the valuation of assets acquired, liabilities assumed and non-controlling interests of GMLP, and therefore the purchase price allocation should be considered preliminary. The preliminary purchase price allocation may be subject to further refinement as the evaluation of the underlying inputs and assumptions of third-party valuations and the assessment of acquisition-related income taxes are finalized. The goodwill balance may be adjusted pending the completion of the valuation of the assets acquired, liabilities assumed and non-controlling interests of GMLP as described above. The preliminary estimates may be subject to adjustments during the measurement period, not to exceed one year, based upon new information obtained about facts and circumstances that existed as of the acquisition date. To the extent that significant changes occur in the future, the Company will disclose such changes in the reporting period in which they occur. Preliminary fair values assigned to the assets acquired, liabilities assumed and non-controlling interests of GMLP as of the closing date were as follows:

GMLP	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	41,461
Restricted cash		24,816
Accounts receivable		3,195
Inventory		2,151
Other current assets		2,789
Equity method investments		356,000
Property, plant and equipment, net		1,063,215
Intangible assets, net		120,000
Deferred tax assets, net		963
Other non-current assets		4,400
Total assets acquired:	$	1,618,990
Liabilities Assumed
Current portion of long-term debt	$	185,681
Accounts payable		3,019
Accrued liabilities		17,226
Other current liabilities		73,774
Deferred tax liabilities, net		16,008
Other non-current liabilities		10,630
Total liabilities assumed:		306,338
Non-controlling interest		167,174
Net assets to be acquired:		1,145,478
Goodwill	$	1,665

The fair value of GMLP’s NCI as of April 15, 2021 was $167,174, which represents the fair value of other investors’ interest in the Mazo, GMLP’s preferred units which were not acquired by the Company and the fair value of net assets of an SPV formed for the purpose of a sale and leaseback of the Eskimo. The fair value of GMLP’s preferred units and the valuation of the SPV’s external debt and the loan receivable asset associated with the sale leaseback transaction have been estimated using a discounted cash flow method.

The fair value of receivables acquired from GMLP is $4,797, which approximates the gross contractual amount; no material amounts are expected to be uncollectible.

The Company acquired favorable and unfavorable leases for the use of GMLP’s vessels. The fair value of the favorable contracts is $120,000 and the fair value of the unfavorable contracts is $13,400. The total weighted average amortization period is approximately three years with the favorable contract weighted average amortization period of approximately three years and the unfavorable contract weighted average amortization period of approximately one year.

The Company and GMLP had an existing lease agreement prior to the GMLP Merger. As a result of the acquisition, the lease agreement and any associated receivable and payable balances are effectively settled. The lease agreement also included provisions that required a subsidiary of NFE to indemnify GMLP to the extent that GMLP incurred certain tax liabilities as a result of the lease. A loss of $3,978 related to settlement of this indemnification provision has been recognized in Transaction and integration costs in the condensed consolidated statements of operations and comprehensive loss.

The Company’s results of operations for the first three and six months of 2021 include GMLP’s result of operations from the date of acquisition, April 15, 2021, through June 30, 2021. Revenue and net income (loss) attributable to GMLP during this period was $56,802 and $39,267, respectively.

Acquisition costs associated with the Mergers of $21,909 and $33,472 for the three and six months ended June 30, 2021 were included in Transaction and integration costs in the Company's condensed consolidated statements of operations and comprehensive loss.

Unaudited pro forma financial information

The following table summarizes the unaudited pro forma condensed financial information of the Company as if the Mergers had occurred on January 1, 2020.

	Three Months Ended					Six Months Ended
	June 30, 2021		June 30, 2020			June 30, 2021			June 30, 2020
Revenue	$	239,554	$	188,149		$	474,990		$	342,274
Net income (loss)		4,438		(150,337	)		(48,746	)		(297,267	)
Net income (loss) attributable to stockholders		3,904		(125,983	)		(46,146	)		(226,343	)

The unaudited pro forma financial information is based on historical results of operations as if the acquisitions had occurred on January 1, 2020, adjusted for transaction costs incurred, adjustments to depreciation expense associated with the recognition of the fair value of vessels acquired, additional amortization expense associated with the recognition of the fair value of favorable customer contracts for vessel charters, additional interest expense as a result of incurring new debt and extinguishing historical debt, elimination of a pre-existing lease relationship between the Company and GMLP, and a step-up of the equity method investments and a favorable power purchase agreement contract.

Adjustments for non-recurring items increased pro forma net income by $25,887 and $37,450 for the three and six months ended June 30, 2021, respectively and decreased pro forma net income by $0 and $37,450 for the three months and six months ended June 30, 2020, respectively. Transaction costs incurred and the elimination of a pre-existing lease relationship between the Company and GMLP are considered to be non-recurring. The unaudited pro forma financial information does not give effect to any synergies, operating efficiencies or cost savings that may result from the Mergers.

Asset acquisitions

On January 12, 2021, the Company acquired 100% of the outstanding share quota of CH4 Energia Ltda. ("CH4"), an entity that owns key permits and authorizations to develop an LNG terminal and an up to 1.37 GW gas-fired power plant at the Port of Suape in Brazil. The purchase consideration consisted of $903 of cash paid at closing in addition to potential future payments contingent on achieving certain construction milestones of up to approximately $3,600. As the contingent payments meet the definition of a derivative, the fair value of the contingent payments of $3,047 is included as part of the purchase consideration and is recognized in Other non-current liabilities on the condensed consolidated balance sheets. The selling shareholders of CH4 may also receive future payments based on gas consumed by the power plant or sold to customers from the LNG terminal. For the three and six months ended June 30, 2021, the Company recognized loss from the change in fair value of the derivative liability of $53, which is presented in Other (income) expense, net in the condensed consolidated statements of operations and comprehensive loss.

The purchase of CH4 has been accounted for as an asset acquisition. As a result, no goodwill was recorded, and the Company’s acquisition-related costs of $295 were included in the purchase consideration. The total purchase consideration of $5,776, which includes a deferred tax liability of $1,531 recognized as a result from the acquisition, was allocated to permits and authorizations acquired and was recorded within Intangible assets, net. In addition, the Company recognized a deferred tax liability of $1,531 that resulted from the acquisition.

On March 11, 2021, the Company acquired 100% of the outstanding shares of Pecém Energia S.A. (“Pecém”) and Energetica Camacari Muricy II S.A. (“Muricy”). These companies collectively hold grants to operate as an independent power provider and 15-year power purchase agreements for the development of thermoelectric power plants in the State of Bahia, Brazil. The Company is seeking to obtain the necessary approvals to transfer the power purchase agreements in connection with the construction the gas-fired power plant and LNG import terminal at the Port of Suape.

The purchase consideration consisted of $8,041 of cash paid at closing in addition to potential future payments contingent on achieving commercial operations of the gas-fired power plant at the Port of Suape of up to approximately $10.5 million. As the contingent payments meet the definition of a derivative and the fair value of the contingent payments of $7,473 was included as part of the purchase consideration and is recognized in Other non-current liabilities on the condensed consolidated balance sheets. The selling shareholders may also receive future payments based on power generated by the power plant in Suape, subject to a maximum payment of approximately $4.6 million. For the three and six months ended June 30, 2021, the Company recognized a loss from the change in fair value of the derivative liability of $416, which is presented in Other (income) expense, net in the condensed consolidated statements of operations and comprehensive loss.

The purchases of Pecém and Muricy were accounted for as asset acquisitions. As a result, no goodwill was recorded, and the Company’s acquisition-related costs of $1,275 were included in the purchase consideration. Of the total purchase consideration, $16,585 was allocated to acquired power purchase agreements and recorded in Intangible assets, net on the condensed consolidated balance sheets; the remaining purchase consideration was related to working capital acquired.

VIEs

6 Months Ended

Jun. 30, 2021

VIEs [Abstract]

VIEs

Lessor VIEs

The Company assumed sale leaseback arrangements for four vessels as part of the Mergers. The counterparty to each of these sale leaseback arrangements is a VIE, and these lessor VIEs are SPVs wholly owned by financial institutions.

China Merchants Bank Lending (“CMBL”)

In November 2015, the Eskimo was sold to a subsidiary of CMBL, Sea 23 Leasing Co. Limited, and subsequently leased back under a bareboat charter for a term of ten years. The Company has options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the third anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the ten-year lease period.

CCB Financial Leasing Corporation Limited (“CCBFL”)

In September 2018, the Nanook was sold to a subsidiary of CCBFL, Compass Shipping 23 Corporation Limited, and subsequently leased back on a bareboat charter for a term of twelve years. The Company has options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the third anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the twelve-year lease period.

Oriental Shipping Company (“COSCO”)

In December 2019, the Penguin was sold to a subsidiary of COSCO, Oriental Fleet LNG 02 Limited, and subsequently leased back on a bareboat charter for a term of six years. The Company has options to repurchase the vessel throughout the charter term at fixed pre-determined amounts, commencing from the first anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the six-year lease period.

AVIC International Leasing Company Limited (“AVIC”)

In March 2020, the Celsius was sold to a subsidiary of AVIC, Noble Celsius Shipping Limited, and subsequently leased back on a bareboat charter for a term of seven years. The Company has options to repurchase the vessel throughout the charter term at fixed predetermined amounts, commencing from the first anniversary of the commencement of the bareboat charter, with an obligation to repurchase the vessel at the end of the seven-year lease period.

While the Company does not hold an equity investment in the above SPVs, the Company has a variable interest in these SPVs. The Company is the primary beneficiary of these VIEs and, accordingly, these VIEs are consolidated into the Company’s financial results for the period after the Mergers. The effect of the bareboat charter arrangements is eliminated upon consolidation of the SPVs. The equity attributable to CMBL, CCBFL, COSCO and AVIC in their respective VIEs are included in non-controlling interests in the condensed consolidated financial statements. As of June 30, 2021, the Eskimo, Penguin and Celsius are recorded as Property, plant and equipment, net on the condensed consolidated balance sheet. As of June 30, 2021, the Nanook was recognized in Finance leases, net on the condensed consolidated balance sheet.

The following table gives a summary of the sale and leaseback arrangements, including repurchase options and obligations as of June 30, 2021:

Vessel	End of lease term	Date of next repurchase option	Repurchase price at next repurchase option date	Repurchase obligation at end of lease term
Eskimo	$November 2025	$November 2021	$189,100	$128,250
Nanook	September 2030	September 2021	205,133	94,179
Penguin	December 2025	December 2021	92,761	63,040
Celsius	March 2027	March 2022	98,290	45,000

A summary of payment obligations under the bareboat charters with the lessor VIEs as of June 30, 2021, are shown below:

Vessel	Remaining 2021		2022		2023		2024		2025		_2026+
Eskimo	$	8,164	$	-	$	-	$	-	$	-	$	-
Nanook		10,833		21,207		20,631		20,078		19,478		84,673
Penguin		5,901		11,581		11,247		10,894		7,956		-
Celsius		7,930		15,444		14,908		14,383		13,836		12,699

The 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 lease term.

The assets and liabilities of these lessor VIEs that most significantly impact the condensed consolidated balance sheet as of June 30, 2021 are as follows:

	Eskimo		Nanook		Penguin		Celsius
Assets
Restricted cash	$	-	$	14,713	$	5,599	$	25,131
Liabilities
Long-term debt - current portion	$	172,452	$	-	$	14,652	$	5,942
Long-term debt - non-current portion		-		207,048		81,914		118,631

The most significant impact of the lessor VIEs operations on the Company’s condensed consolidated statement of operations is a reduction to interest expense of $6,635 for the period subsequent to the completion of Mergers. Upon assumption of the debt held by VIEs in conjunction with the Mergers, the Company recognized the liabilities assumed at fair value, and the amortization of the premium of $9,707 has been recognized as a reduction to interest expense incurred of $3,072. The most significant impact of the lessor VIEs cash flows on the condensed consolidated statements of cash flows is net cash used in financing activities of $15,823 for the period subsequent to the completion of the Mergers.

Other VIEs

Hilli LLC

The Company acquired an interest of 50% of the common units of Hilli LLC (“Hilli Common Units”) as part of the acquisition of GMLP. Hilli LLC owns Golar Hilli Corporation (“Hilli Corp”), the disponent owner of the Hilli. The Company determined that Hilli LLC is a VIE, and the Company is not the primary beneficiary of Hilli LLC. Thus, Hilli LLC has not been consolidated into the financial statements and has been recognized as an equity method investment.

As of June 30, 2021 the maximum exposure as a result of the Company’s ownership in the Hilli LLC is the carrying value of the equity method investment of $359,107 and the outstanding portion of the Hilli Leaseback (defined below) which have been guaranteed by the Company.

Revenue recognition

6 Months Ended

Jun. 30, 2021

Revenue recognition [Abstract]

Revenue recognition

Operating revenue includes revenue from sales of LNG and natural gas as well as outputs from the Company’s natural gas-fueled power generation facilities, including power and steam. Other revenue includes revenue for development services as well as interest income from the Company’s finance leases and other revenue. The table below summarizes the balances in Other revenue:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Development services revenue	$	46,589	$	17,495	$	100,660	$	27,566
Interest income and other revenue		9,853		894		10,270		1,851
Total other revenue	$	56,442	$	18,389	$	110,930	$	29,417

Development services revenue recognized in the three and six months ended June 30, 2021 included $43,771 and $89,390, respectively, for the customer’s use of natural gas as part of commissioning their assets.

Under most customer contracts, invoicing occurs once the Company’s performance obligations have been satisfied, at which point payment is unconditional. As of June 30, 2021, and December 31, 2020, receivables related to revenue from contracts with customers totaled $98,201 and $76,431, respectively, and were included in Receivables, net on the condensed consolidated balance sheets, net of current expected credit losses of $90 and $98, respectively. Other items included in Receivables, net not related to revenue from contracts with customers represent leases which are accounted for outside the scope of ASC 606 and receivables associated with reimbursable costs.

The Company has recognized contract liabilities, comprised of unconditional payments due or paid under the contracts with customers prior to the Company’s satisfaction of the related performance obligations. The performance obligations are expected to be satisfied during the next 12 months, and the contract liabilities are classified within Other current liabilities on the condensed consolidated balance sheets. Contract assets are comprised of the transaction price allocated to completed performance obligations that will be billed to customers in subsequent periods. The contract liabilities and contract assets balances as of June 30, 2021 and December 31, 2020 are detailed below:

	June 30, 2021		December 31, 2020
Contract assets, net - current	$	6,354	$	3,673
Contract assets, net - non-current		32,353		23,972
Total contract assets, net	$	38,707	$	27,645

Contract liabilities	$	5,530	$	8,399

Revenue recognized in the year from:
Amounts included in contract liabilities at the beginning of the year	$	3,283	$	6,542

Contract assets are presented net of expected credit losses of $521 and $372 as of June 30, 2021 and December 31, 2020, respectively. As of June 30, 2021, the Company has unbilled receivables, net of current expected credit losses, of $6,640, of which $356 is presented within Other current assets and $6,284 is presented within Other non-current assets on the condensed consolidated balance sheet. These unbilled receivables represent unconditional right to payment subject only to the passage of time.

The Company has recognized costs to fulfill a contract with a significant customer, which primarily consist of expenses required to enhance resources to deliver under the agreement with the customer. As of June 30, 2021, the Company has capitalized $11,283, of which $604 of these costs is presented within Other current assets and $10,679 is presented within Other non-current assets on the condensed consolidated balance sheets. As of December 31, 2020, the Company had capitalized $11,276, of which $588 of these costs was presented within Other current assets and $10,688 was presented within Other non-current assets on the condensed consolidated balance sheets. In the first quarter of 2020, the Company began delivery under the agreement and started recognizing these costs on a straight-line basis over the expected term of the agreement.

Transaction price allocated to remaining performance obligations

Some of the Company’s contracts are short-term in nature with a contract term of less than a year. The Company applied the optional exemption not to report any unfulfilled performance obligations related to these contracts.

The Company has arrangements in which LNG, natural gas or outputs from the Company’s power generation facilities are sold on a “take-or-pay” basis whereby the customer is obligated to pay for the minimum guaranteed volumes even if it does not take delivery. The price under these agreements is typically based on a market index plus a fixed margin. The fixed transaction price allocated to the remaining performance obligations under these arrangements represents the fixed margin multiplied by the outstanding minimum guaranteed volumes. The Company expects to recognize this revenue over the following time periods. The pattern of recognition reflects the minimum guaranteed volumes in each period:

Period	Revenue
Remainder of 2021	$	215,722
2022		514,566
2023		515,175
2024		510,664
2025		503,493
Thereafter		8,323,179
Total	$	10,582,799

For all other sales contracts that have a term exceeding one year, the Company has elected the practical expedient in ASC 606 under which the Company does not disclose the transaction price allocated to remaining performance obligations if the variable consideration is allocated entirely to a wholly unsatisfied performance obligation. For these excluded contracts, the sources of variability are (a) the market index prices of natural gas used to price the contracts, and (b) the variation in volumes that may be delivered to the customer. Both sources of variability are expected to be resolved at or shortly before delivery of each unit of LNG, natural gas, power or steam. As each unit of LNG, natural gas, power or steam represents a separate performance obligation, future volumes are wholly unsatisfied.

Lessor arrangements

The Company’s vessel charters of LNG carriers and FSRUs can take the form of operating or finance leases. Property, plant and equipment subject to vessel charters accounted for as operating leases is included within Vessels within Note 14 Property, plant and equipment, net. The following is the carrying amount of property, plant and equipment that is leased to customers under operating leases:

	June 30, 2021			December 31, 2020
Property, plant and equipment	$	1,268,716		$	18,394
Accumulated depreciation		(9,093	)		(932	)
Property, plant and equipment, net	$	1,259,623		$	17,462

The components of lease income from vessel operating leases for the three and six months ended June 30, 2021 were as follows:

	June 30, 2021
Operating lease income	$	62,026
Variable lease income		1,370
Total operating lease income	$	63,396

The Company’s charter of the Nanook to CELSE and certain equipment leases provided in connection with the supply of natural gas or LNG are accounted for as finance leases.

The Company recognized interest income of $9,681 for the three months and six months ended June 30, 2021 related to the finance lease of the Nanook included within Other revenue in the condensed consolidated statements of operations and comprehensive loss. The Company recognized revenue of $1,165 for the three months and six months ended June 30, 2021 related to the operation and services agreement within Vessel charter revenue in the condensed consolidated statements of operations and comprehensive loss. As of June 30, 2021, there were outstanding balances due from CELSE of $7,965, of which $5,822 is recognized in Receivables, net and a loan to CELSE of $2,143 is recognized in Prepaid expenses and other current assets, net on the condensed consolidated balance sheets. CELSE is an affiliate due to the equity method investment held in CELSE’s parent, CELSEPAR, and as such, these transactions and balances are related party in nature.

The following table shows the expected future lease payments as of June 30, 2021, for the remainder of 2021 through 2025 and thereafter:

	Future cash receipts
	Financing leases		Operating leases
Remainder of 2021	$	24,956	$	143,806
2022		49,951		245,023
2023		50,616		144,016
2024		51,442		103,461
2025		51,876		25,961
Thereafter		1,102,841		-
Total minimum lease receivable	$	1,331,682	$	662,267
Unguaranteed residual value		107,000
Gross investment in sales-type lease	$	1,438,682
Less: Unearned interest income		827,687
Less: Current expected credit losses		1,550
Net investment in leased vessel	$	609,445

Current portion of net investment in leased asset	$	3,337
Non-current portion of net investment in leased asset		606,108

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 6: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Reference 10: http://www.xbrl.org/2003/role/disclosureRef
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Leases, as lessee

6 Months Ended

Jun. 30, 2021

Leases, as lessee [Abstract]

Leases, as lessee

The Company has operating leases primarily for the use of LNG vessels, marine port space, office space, land and equipment under non-cancellable lease agreements. The Company’s leases may include multiple optional renewal periods that are exercisable solely at the Company’s discretion. Renewal periods are included in the lease term when the Company is reasonably certain that the renewal options would be exercised, and the associated lease payments for such periods are reflected in the ROU asset and lease liability.

The Company’s leases include fixed lease payments which may include escalation terms based on a fixed percentage or may vary based on an inflation index or other market adjustments. Escalations based on changes in inflation indices and market adjustments and other lease costs that vary based on the use of the underlying asset are not included as lease payments in the calculation of the lease liability or ROU asset; such payments are included in variable lease cost when the obligation that triggers the variable payment becomes probable. Variable lease cost includes contingent rent payments for office space based on the percentage occupied by the Company in addition to common area charges and other charges that are variable in nature. The Company also has a component of lease payments that are variable related to the LNG vessels, in which the Company may receive credits based on the performance of the LNG vessels during the period.

As of June 30, 2021 and December 31, 2020, right-of-use assets, current lease liabilities and non-current lease liabilities consisted of the following:

	June 30, 2021		December 31, 2020

Operating right-of-use assets	$	130,534	$	141,347
Finance right-of-use assets ⁽¹⁾		8,602		-
Total right-of-use assets	$	139,136	$	141,347

Current lease liabilities:
Operating lease liabilities	$	28,811	$	35,481
Finance lease liabilities		1,266		-
Total current lease liabilities	$	30,077	$	35,481
Non-current lease liabilities:
Operating lease liabilities	$	84,000	$	84,323
Finance lease liabilities		5,673		-
Total non-current lease liabilities	$	89,673	$	84,323

⁽¹⁾ Finance lease right-of-use assets are recorded net of accumulated amortization of $61 as of June 30, 2021.

For the three and six months ended June 30, 2021 and 2020, the Company’s operating lease cost recorded within the condensed consolidated statements of operations and comprehensive loss were as follows:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Fixed lease cost	$	9,036	$	6,596	$	20,781	$	16,863
Variable lease cost		503		74		1,196		713
Short-term lease cost		1,507		330		2,229		616

Lease cost - Cost of sales	$	8,993	$	6,109	$	20,029	$	15,460
Lease cost - Operations and maintenance		549		440		1,106		828
Lease cost - Selling, general and administrative		1,504		451		3,071		1,904

For the three and six months ended June 30, 2021, the Company has capitalized $2,313 and $3,512 of lease costs, respectively, for vessels and port space used during the commissioning of development projects in addition to short-term lease costs for vessels chartered by the Company to bring inventory from a supplier’s facilities to the Company’s storage locations which are capitalized to inventory.

Beginning in the second quarter of 2021, leases for ISO tanks and a parcel of land that transfer the ownership in underlying assets to the Company at the end of the lease have commenced, and these leases are treated as finance leases. For the three and six months ended June 30, 2021, the Company recognized interest expense related to finance leases of $50, which are included within Interest expense, net in the condensed consolidated statements of operations and comprehensive loss. For the three and six months ended June 30, 2021, the Company recognized amortization of the right-of-use asset related to finance leases of $61, which is included within Depreciation and amortization in the condensed consolidated statements of operations and comprehensive loss.

Cash paid for operating leases is reported in operating activities in the condensed consolidated statements of cash flows. Supplemental cash flow information related to leases was as follows for the six months ended June 30, 2021 and 2020:

	Six Months Ended June 30,
	2021		2020
Operating cash outflows for operating lease liabilities	$	18,354	$	23,257
Financing cash outflows for financing lease liabilities		654		-
Right-of-use assets obtained in exchange for new operating lease liabilities		3,706		128,592
Right-of-use assets obtained in exchange for new financing lease liabilities		8,663		-

The future payments due under operating and finance leases as of June 30, 2021 are as follows:

	Operating Leases		Finance Leases
Due remainder of 2021	$	17,906	$	844
2022		33,276		1,395
2023		26,604		1,465
2024		20,234		1,484
2025		11,810		1,484
Thereafter		55,156		1,640
Total lease payments	$	164,986	$	8,312
Less: effects of discounting		52,175		1,373
Present value of lease liabilities	$	112,811	$	6,939

Current lease liability	$	28,811	$	1,266
Non-current lease liability		84,000		5,673

As of June 30, 2021, the weighted-average remaining lease term for operating leases was 7.8 years and finance leases was 6.3 years. Because the Company generally does not have access to the rate implicit in the lease, the incremental borrowing rate is utilized as the discount rate. The weighted average discount rate associated with operating leases as of June 30, 2021 was 8.4%. The weighted average discount rate associated with finance leases as of June 30, 2021 was 5.3%.

The Company has entered into several leases for ISO tanks that have not commenced as of June 30, 2021 with noncancelable terms of 5 years and including fixed payments of approximately $16 million.

Financial instruments

6 Months Ended

Jun. 30, 2021

Financial instruments [Abstract]

Financial instruments

8.	Financial instruments

Interest rate and currency risk management

In connection with the Mergers, the Company has acquired financial instruments that GMLP and Hygo used to reduce the risk associated with fluctuations in interest rates and foreign exchange rates. Interest rate swaps are used to convert floating rate interest obligations to fixed rates, which from an economic perspective hedges the interest rate exposure. The Company also acquired a cross currency interest rate swap to manage interest rate exposure on the Debenture Loan and the foreign exchange rate exposure on the US dollar cash flows from the charter of the Nanook to CELSE that guarantees the repayments of the Brazilian Real-denominated Debenture Loan.

The Company does not hold or issue instruments for speculative or trading purposes, and 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, the Company does not anticipate non-performance by any counterparties.

The following table summarizes the terms of interest rate and cross currency interest rate swaps as of June 30, 2021:

Instrument	Notional Amount		Maturity Dates	Fixed Interest Rate	Forward Foreign Exchange Rate
Interest rate swap	$	372,750,000	March 2026	_2.86%	_n/a
Cross currency interest rate swap - Debenture Loan, due 2024	BRL 255,600,132		September 2024	_5.90%	_5.424

The mark-to-market gain or loss on our interest rate and foreign currency swaps that are not designated as hedges for accounting purposes for the period are reported in the condensed consolidated statements of operations and comprehensive loss in Other (income) expense, net.

Fair value

Fair value measurements and disclosures require the use of valuation techniques to measure fair value that maximize the use of observable inputs and minimize use of unobservable inputs. These inputs are prioritized as follows:

•	Level 1 – observable inputs such as quoted prices in active markets for identical assets or liabilities.

•	Level 2 - inputs other than quoted prices included within Level 1 that are observable, either directly or indirectly, such as quoted prices for similar assets or liabilities or market corroborated inputs.

•	Level 3 - unobservable inputs for which there is little or no market data and which require the Company to develop its own assumptions about how market participants price the asset or liability.

The valuation techniques that may be used to measure fair value are as follows:

•	Market approach – uses prices and other relevant information generated by market transactions involving identical or comparable assets or liabilities.

•	Income approach – uses valuation techniques, such as the discounted cash flow technique, to convert future amounts to a single present amount based on current market expectations about those future amounts.

•	Cost approach – based on the amount that currently would be required to replace the service capacity of an asset (replacement cost).

The following table presents the Company’s financial assets and financial liabilities that are measured at fair value as of June 30, 2021 and December 31, 2020:

_	Fair Value Hierarchy	June 30, 2021 Carrying Value		June 30, 2021 Fair Value		December 31, 2020 Carrying Value		December 31, 2020 Fair Value		Valuation Technique
Non-Derivatives:
Cash and cash equivalents	Level 1	$	143,138	$	143,138	$	601,522	$	601,522	Market approach
Restricted cash	Level 1		87,180		87,180		27,814		27,814	Market approach
Investment in equity securities	Level 1		245		245		256		256	Market approach
Investment in equity securities	Level 3		1,849		1,849		1,000		1,000	Market approach
Long-term debt⁽¹⁾	Level 2		3,563,734		3,626,972		1,250,000		1,327,488	Market approach
Derivatives:
Derivative liability⁽²⁾⁽³⁾	Level 3		31,923		31,923		10,716		10,716	Income approach
Equity agreement⁽³⁾⁽⁴⁾	Level 3		20,430		20,430		22,768		22,768	Income approach
Cross currency interest rate swap asset⁽⁵⁾⁽⁶⁾	Level 2		2,135		2,135		-		-	Income approach
Interest rate swap liability⁽⁵⁾⁽⁶⁾	Level 2		28,474		28,474		-		-	Income approach

⁽¹⁾Long-term debt is recorded at amortized cost on the condensed consolidated balance sheets, and is presented in the above table gross of deferred financing costs of $32,880 and $10,439 as of June 30, 2021 and December 31, 2020, respectively.

⁽²⁾Consideration due to the sellers in assets acquistions when certain contingent events occur. The liability associated with the derivative liabilities is recorded within Other long-term liabilities on the condensed consolidated balance sheets.

⁽³⁾The Company estimates fair value of the derivative liability and equity agreement using a discounted cash flows method with discount rates based on the average yield curve for bonds with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent event occurring.

⁽⁴⁾To be paid at the earlier of agreed-upon date or the date on which the valid planning permission is received for the facility in development in Shannon, Ireland. The liability associated with the equity agreement is recorded within Other current liabilities on the condensed consolidated balance sheets.

⁽⁵⁾Cross currency interest rate swap asset is presented within Prepaid expenses and other current assets and interest rate swap liability is presented within Other current liabilities on the condensed consolidated balance sheets.

⁽⁶⁾The fair value of certain derivative instruments, including interest rate swaps, is estimated considering current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of counterparties.

As part of the Hygo Merger, the Company assumed liabilities for payments due to sellers in asset acquisitions completed prior to the Hygo Merger, and these liabilities are reflected as derivative liabilities. Activity during the six months ended June 30, 2021 also included the recognition of additional derivative liabilities from transactions accounted for as asset acquisitions of $10,520 (Note 4). During the three and six months ended June 30, 2021 and 2020, the Company had no settlements of the equity agreement or derivative liabilities or any transfers in or out of Level 3 in the fair value hierarchy.

The table below summarizes the fair value adjustment to instruments measured at Level 3 in the fair value hierarchy, the derivative liability and equity agreement, as well as the cross currency interest rate swap and the interest rate swap; adjustments have been recorded within Other (income) expense, net in the condensed consolidated statements of operations and comprehensive loss, for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30,					Six Months Ended June 30,
	2021			2020		2021			2020
Derivative liability/Equity agreement - Fair value adjustment - (Gain) loss	$	(288	)	$	1,323	$	(713	)	$	(294	)
Interest rate swap - Fair value adjustment (gain)		(346	)		-		(346	)		-
Cross currency interest rate swap - Fair value adjustment (gain)		(6,014	)		-		(6,014	)		-

Under the Company’s interest rate swap, the Company is required to provide cash collateral, and as of June 30, 2021, $12,500 of cash collateral is recognized as restricted cash on the condensed consolidated balance sheets.

The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information.

+ References + Details

Restricted cash

6 Months Ended

Jun. 30, 2021

Restricted cash [Abstract]

Prepaid expenses and other current assets [Abstract]

As of June 30, 2021 and December 31, 2020, restricted cash consisted of the following:

	June 30, 2021		December 31, 2020
Cash held by lessor VIEs	$	45,443	$	-
Collateral for interest rate swaps		12,500		-
Collateral for performance under customer agreements		15,000		15,000
Collateral for LNG purchases		-		11,664
Collateral for letters of credit and performance bonds		13,231		900
Other restricted cash		1,006		250
Total restricted cash	$	87,180	$	27,814

Current restricted cash	$	57,353	$	12,814
Non-current restricted cash		29,827		15,000

Restricted cash does not include minimum consolidated cash balances of $30,000 required to be maintained as part of the financial covenants for sale and leaseback financings that is included in Cash and cash equivalents on the condensed consolidated balance sheets as of June 30, 2021.

Inventory

6 Months Ended

Jun. 30, 2021

Inventory [Abstract]

Inventory

10.

Inventory

As of June 30, 2021 and December 31, 2020, inventory consisted of the following:

	June 30, 2021		December 31, 2020
LNG and natural gas inventory	$	47,637	$	13,986
Automotive diesel oil inventory		4,751		3,986
Bunker fuel, materials, supplies and other		9,103		4,888
Total inventory	$	61,491	$	22,860

Inventory is adjusted to the lower of cost or net realizable value each quarter. Changes in the value of inventory are recorded within Cost of sales in the condensed consolidated statements of operations and comprehensive loss. No adjustments were recorded during the six months ended June 30, 2021 and 2020.

Prepaid expenses and other current assets

6 Months Ended

Jun. 30, 2021

Prepaid expenses and other current assets

11.

Prepaid expenses and other current assets

As of June 30, 2021 and December 31, 2020, prepaid expenses and other current assets consisted of the following:

	June 30, 2021		December 31, 2020
Prepaid LNG	$	24,568	$	11,987
Prepaid expenses		7,268		4,941
Due from affiliates		2,797		1,881
Other current assets		57,377		29,461
Total prepaid expenses and other current assets, net	$	92,010	$	48,270

Other current assets as of June 30, 2021 and December 31, 2020 primarily consists of receivables for recoverable taxes and deposits.

Equity method investments

6 Months Ended

Jun. 30, 2021

Equity method investments [Abstract]

Equity method investments

12.

Equity method investments

As a result of the Mergers, the Company acquired investments in Centrais Elétricas de Sergipe Participações S.A. (“CELSEPAR”) and Hilli LLC, both of which have been recognized as equity method investments. The Company has a 50% ownership interest in both entities. The investments are reflected in the Terminals and Infrastructure and Ships segments, respectively.

Changes in the balance of the Company’s equity method investments is as follows:

	June 30, 2021
Equity method investments as of December 31, 2020	$	-
Acquisition of equity method investments in the Mergers		1,161,391
Dividend		(7,386	)
Equity in earnings / losses of investees		38,941
Foreign currency translation adjustment		119,126
Equity method investments as of June 30, 2021	$	1,312,072

The carrying amount of equity method investments as of June 30, 2021 is as follows:

	June 30, 2021
CELSEPAR	$	952,965
Hilli LLC		359,107
Total carrying amount of equity method investments	$	1,312,072

As of June 30, 2021, the carrying value of the Company’s equity method investments exceeded its proportionate share of the underlying net assets of its investees by $939,551. In conjunction with the preliminary purchase accounting for the Mergers, the basis difference was allocated to tangible assets, identifiable intangible assets, liabilities and goodwill, and the basis difference attributable to amortizable net assets is amortized to Income from equity method investments over the remaining estimated useful lives of the underlying assets.

CELSEPAR

CELSEPAR is jointly owned and operated with Ebrasil Energia Ltda. (“Ebrasil”), an affiliate of Eletricidade do Brasil S.A., and the Company accounts for this 50% investment using the equity method. CELSEPAR owns 100% of the share capital of Centrais Elétricas de Sergipe S.A. (“CELSE”), the owner and operator of the Sergipe Power Plant.

Hilli LLC

The Company acquired an interest of 50% of the Hilli Common Units as part of the acquisition of GMLP. The ownership interests in Hilli LLC are represented by three classes of units, the Hilli Common Units, the Series A Special Units and the Series B Special Units. The Company did not acquire any of the Series A Special Units or Series B Special Units. The Hilli Common Units provide the Company with significant influence over Hilli LLC. The Hilli is currently operating under an 8-year liquefaction tolling agreement (“LTA”) with Perenco Cameroon S.A. and Société Nationale des Hydrocarbures.

Within 60 days after the end of each quarter, GLNG, the managing member of Hilli LLC, shall determine the amount of Hilli LLC’s available cash and appropriate reserves, and Hilli LLC shall make a distribution to the unitholders of Hilli LLC (“Hilli Unitholders”) of the available cash, subject to such reserves. Hilli LLC shall make distributions to the Hilli Unitholders when, as and if declared by GLNG; provided, however, that no distributions may be made on the Hilli Common Units on any distribution date unless Series A Distributions and Series B Distributions for the most recently ended quarter and any accumulated Series A Distributions and Series B Distributions in arrears for any past quarter have been or contemporaneously are being paid or provided for.

Series A Distributions are calculated based on cash received by Hilli Corp for any tolling fees under the LTA relating to an increase in the Brent Crude price above $60 per barrel, adjusted by incremental taxes and costs that arise from underperformance of the Hilli. Series B Distributions are calculated as 95% of “Revenues Less Expenses”, which is based on the cash receipts as a direct result of the employment of more than the first 50% of LNG production capacity for the Hilli, adjusted for incremental operating expenses, capital costs, financing and tax costs associated with making more than 50% capacity available and costs that arise from underperformance. The Hilli Common Units may receive 5% of Revenues less Expenses received by Hilli Corp during such quarter.

The Company is required to reimburse other investors in Hilli LLC for 50% of the amount, if any, by which certain operating expenses and withholding taxes of Hilli LLC are below an annual threshold for up to $20,000 in the aggregate through 2026. Other investors are required to reimburse the Company for 50% of the amount, if any, by which certain operating expenses and withholding taxes are above an annual threshold for up to $20,000 in the aggregate through 2026. No operating expense reimbursements were included in distributions for the period after the GMLP Merger.

Hilli Corp 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 Leaseback”). The Hilli Leaseback provided for postconstruction financing for the Hilli in the amount of $960 million. Under the Hilli Leaseback, 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 4.15%.

Construction in progress

6 Months Ended

Jun. 30, 2021

Construction in progress [Abstract]

Construction in progress

13.

Construction in progress

The Company’s construction in progress activity during the six months ended June 30, 2021 is detailed below:

	June 30, 2021
Balance at beginning of period	$	234,037
Acquisition of construction in progress from business combinations		128,625
Additions		315,970
Impact of change in FX rates		17,172
Transferred to property, plant and equipment, net or finance leases		(3,059	)
Balance at end of period	$	692,745

Interest expense of $9,310 and $17,902, inclusive of amortized debt issuance costs, was capitalized for the six months ended June 30, 2021 and 2020, respectively.

Property, plant and equipment, net

6 Months Ended

Jun. 30, 2021

Property, plant and equipment, net [Abstract]

Property, plant and equipment, net

14.

Property, plant and equipment, net

As of June 30, 2021 and December 31, 2020, the Company’s property, plant and equipment, net consisted of the following:

	June 30, 2021			December 31, 2020
Vessels	$	1,435,623		$	-
Terminal and power plant equipment		189,421			188,855
CHP facilities		122,776			119,723
Gas terminals		120,810			120,810
ISO containers and other equipment		115,176			100,137
LNG liquefaction facilities		63,213			63,213
Gas pipelines		58,987			58,974
Land		16,734			16,246
Leasehold improvements		9,133			8,723
Accumulated depreciation		(93,135	)		(62,475	)
Total property, plant and equipment, net	$	2,038,738		$	614,206

Depreciation for the three months ended June 30, 2021 and 2020 totaled $21,299 and $7,539, respectively, of which $307 and $223, respectively, is included within Cost of sales in the condensed consolidated statements of operations and comprehensive loss. Depreciation for the six months ended June 30, 2021 and 2020 totaled $31,141 and $12,750, respectively, of which $576 and $450 is respectively included within Cost of sales in the condensed consolidated statements of operations and comprehensive loss.

Capitalized drydocking costs of $680 are included in the vessel cost for June 30, 2021; these costs will begin to be depreciated after drydocking is completed in the third quarter of 2021.

Intangible assets

6 Months Ended

Jun. 30, 2021

Intangible assets [Abstract]

Intangible assets

15.

Intangible assets

The following table summarizes the composition of intangible assets as of June 30, 2021 and December 31, 2020:

	June 30, 2021
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment			Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Favorable vessel charter contracts	$	120,000	$	(8,625	)	$	-		$	111,375		3
Permits and development rights		92,918		(3,202	)		(3,720	)		85,996		32
Acquired power purchase agreements		16,585		-			9,133			25,718		17
Easements		1,559		(216	)		-			1,343		30

Indefinite-lived intangible assets
Easements		1,191		-			45			1,236		n/a
Total intangible assets	$	232,253	$	(12,043	)	$	5,458		$	225,668

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustments		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Permits	$	42,441	$	(2,438	)	$	3,456	$	43,459		40
Easements		1,559		(190	)		-		1,369		30

Indefinite-lived intangible assets
Easements		1,191		-			83		1,274		n/a
Total intangible assets	$	45,191	$	(2,628	)	$	3,539	$	46,102

In conjunction with the Mergers, the Company acquired charter contracts with contractual rates that were favorable as compared to market rates and on the date of acquisition recognize intangible assets of $120,000, and the Company acquired permits and development rights with a value of $44,702. During the first quarter of 2021, the Company recognized additions to permits of $5,776 acquired in a transaction accounted for as asset acquisition related to licenses and rights to develop a gas-fired power plant and associated infrastructure in the Port of Suape in Brazil. The Company also acquired rights operated a power generation facility and sell power in Brazil of $16,585 (see Note 4. Asset acquisitions).

As of June 30, 2021 and December 31, 2020, the weighted-average remaining amortization periods for the intangible assets were 15.5 and 37.5 years, respectively. Amortization expense for the three months ended June 30, 2021 and 2020 totaled $5,925 and $282, respectively. Amortization expense was $6,220 and $552 for the six months ended June 30, 2021 and 2020, respectively.

Other non-current assets

6 Months Ended

Jun. 30, 2021

Other non-current assets [Abstract]

Other non-current assets

16.

Other non-current assets

As of June 30, 2021 and December 31, 2020, Other non-current assets consisted of the following:

	June 30, 2021		December 31, 2020
Nonrefundable deposit	$	30,441	$	28,509
Contract asset, net (Note 6)		32,353		23,972
Cost to fulfill (Note 6)		10,679		10,688
Unbilled receivables, net (Note 6)		6,284		6,462
Upfront payments to customers		10,390		6,330
Other		26,857		10,069
Total other non-current assets, net	$	117,004	$	86,030

Nonrefundable deposits are primarily related to deposits for planned land purchases in Pennsylvania and Ireland.

Upfront payments to customers consist of amounts the Company has paid in relation to two natural gas sales contracts with customers to construct fuel-delivery infrastructure that the customers will own.

Other includes upfront payments to our service providers, a long-term refundable deposit and investments in equity securities. During the fourth quarter of 2020, the Company invested $1,000 in a hydrogen technology development company through a Simple Agreement for Future Equity (“SAFE”). During the first quarter of 2021, the investee completed a qualified financing which converted the Company’s investment into preferred shares; the Company also invested an additional $750 in this qualified financing.

Accrued liabilities

6 Months Ended

Jun. 30, 2021

Accrued liabilities [Abstract]

Accrued liabilities

17.

Accrued liabilities

As of June 30, 2021 and December 31, 2020, accrued liabilities consisted of the following:

	June 30, 2021		December 31, 2020
Accrued development costs	$	50,957	$	16,631
Accrued interest		55,253		27,938
Accrued consideration in asset acquisitions		18,660		-
Accrued bonuses		12,067		17,344
Accrued vessel operating and drydocking expenses		4,575		-
Other accrued expenses		51,211		28,439
Total accrued liabilities	$	192,723	$	90,352

Other accrued expenses includes accrued acquisition and integration costs associated with the Mergers and the issuance of the 2026 Notes and the Revolving Facility (all defined below), as well as accrued compensation and benefits.

Debt

6 Months Ended

Jun. 30, 2021

Debt [Abstract]

Debt

18.

Debt

As of June 30, 2021 and December 31, 2020, debt consisted of the following:

	June 30, 2021		December 31, 2020
Senior Secured Notes, due September 15, 2025	$	1,240,173	$	1,239,561
Senior Secured Notes, due September 30, 2026		1,476,947		-
Revolving Facility		152,500		-
Debenture Loan, due 2024		60,595		-
Subtotal (excluding lessor VIE loans)		2,930,215		1,239,561
CMBL loan:
Golar Eskimo SPV facility, due 2025		172,452		-
CCBFL VIE loan:
Golar Nanook SPV facility, due 2030		207,045		-
COSCO VIE loan:
Golar Penguin SPV facility, due 2025		96,566		-
AVIC VIE loan:
Golar Celsius SPV facility, due 2023/2027		124,576		-
Total debt	$	3,530,854	$	1,239,561
Current portion of debt		204,551		-
Non-current portion of debt		3,326,303		1,239,561

Our outstanding debt as of June 30, 2021 is repayable as follows:

	June 30, 2021
Due remainder of 2021	$	174,725
2022		27,911
2023		76,978
2024		32,882
2025		1,264,824
Thereafter		1,949,977
Total debt	$	3,527,297
Add: fair value adjustments to assumed obligations		36,437
Less: deferred finance charges		(32,880	)
Total debt, net deferred finance charges	$	3,530,854

2025 Notes

On September 2, 2020, the Company issued $1,000,000 of 6.75% senior secured notes in a private offering pursuant to Rule 144A under the Securities Act (the “2025 Notes”). Interest is payable semi-annually in arrears on March 15 and September 15 of each year, commencing on March 15, 2021; no principal payments are due until maturity on September 15, 2025. The Company may redeem the 2025 Notes, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums.

The 2025 Notes are guaranteed, jointly and severally, by certain of the Company’s subsidiaries, in addition to other collateral. The 2025 Notes may limit the Company’s ability to incur additional indebtedness or issue certain preferred shares, make certain payments, and sell or transfer certain assets subject to certain financial covenants and qualifications. The 2025 Notes also provide for customary events of default and prepayment provisions.

The Company used a portion of the net cash proceeds received from the 2025 Notes, together with cash on hand, to repay in full the outstanding principal and interest under previously existing credit agreements and secured and unsecured bonds, including related premiums, costs and expenses.

In connection with the issuance of the 2025 Notes, the Company incurred $17,937 in origination, structuring and other fees. Issuance costs of $13,909 were deferred as a reduction of the principal balance of the 2025 Notes on the condensed consolidated balance sheets; unamortized deferred financing costs related to lenders in the previously credit agreement that participated in the 2025 Notes were $6,501 and such unamortized costs were also included as a reduction of the principal balance of the 2025 Notes and will be amortized over the remaining term of the 2025 Notes. As a portion of the repayment of the previous credit agreement was a modification, in the third quarter of 2020, the Company recognized $4,028 of third-party fees as an expense in the condensed consolidated statements of operations and comprehensive loss.

On December 17, 2020, the Company issued $250,000 of additional notes on the same terms as the 2025 Notes in a private offering pursuant to Rule 144A under the Securities Act (subsequent to this issuance, these additional notes are included in the definition of 2025 Notes herein). Proceeds received included a premium of $13,125, which was offset by additional financing costs incurred of $4,566. As of June 30, 2021 and December 31, 2020, remaining unamortized deferred financing costs for the 2025 Notes was $9,827 and $10,439, respectively.

2026 Notes

On April 12, 2021, the Company issued $1,500,000 of 6.50% senior secured notes in a private offering pursuant to Rule 144A under the Securities Act (the “2026 Notes”) at an issue price equal to 100% of principal. Interest is payable semi-annually in arrears on March 31 and September 30 of each year, commencing on September 30, 2021; no principal payments are due until maturity on September 30, 2026. The Company may redeem the 2026 Notes, in whole or in part, at any time prior to maturity, subject to certain make-whole premiums.

The 2026 Notes are guaranteed on a senior secured basis by each domestic subsidiary and foreign subsidiary that is a guarantor under the existing 2025 Notes, and the 2026 Notes are secured by substantially the same collateral as the Company’s existing first lien obligations under the 2025 Notes.

The Company used the net proceeds from this offering to fund the cash consideration for the GMLP Merger and pay related fees and expenses.

In connection with the issuance of the 2026 Notes, the Company incurred $24,335 in origination, structuring and other fees, which was deferred as a reduction of the principal balance of the 2026 Notes on the condensed consolidated balance sheets. As of June 30, 2021, total remaining unamortized deferred financing costs for the 2026 Notes was $23,053.

Revolving Facility

On April 15, 2021, the Company entered into a $200 million senior secured revolving facility (the “Revolving Facility”). The proceeds of the Revolving Facility may be used for working capital and other general corporate purposes (including permitted acquisitions and other investments). Letters of credit issued under the $100 million letter of credit sub-facility may be used for general corporate purposes. The Revolving Facility will mature in 2026, with the potential for the Company to extend the maturity date once in a one-year increment.

Borrowings under the Revolving Facility will bear interest at a per annum rate equal to LIBOR plus 2.50% if the usage under the Revolving Facility is equal to or less than 50% of the commitments under the Revolving Facility and LIBOR plus 2.75% if the usage under the Revolving Facility is in excess of 50% of the commitments under the Revolving Facility, subject in each case to a 0.00%% LIBOR floor. Borrowings under the Revolving Facility may be prepaid, at the option of the Company, at any time without premium.

The obligations under the Revolving Facility are guaranteed by each domestic subsidiary and foreign subsidiary that is a guarantor under the existing 2025 Notes, and the Revolving Facility is secured by substantially the same collateral as the Company’s existing first lien obligations under the 2025 Notes. The Revolving Facility contains usual and customary representations and warranties, and usual and customary affirmative and negative covenants.

The Company incurred $3,685 in origination, structuring and other fees, associated with entry into the Revolving Facility. These costs have been capitalized within Other non-current assets on the condensed consolidated balance sheets. As of June 30, 2021, total remaining unamortized deferred financing costs for the Revolving Facility was $3,548.

During the second quarter of 2021, the Company drew $152,500 on the Revolving Facility. As of June 30, 2021, $152,500 remains outstanding.

Debenture Loan

As part of the Hygo Merger, the Company assumed non-convertible Brazilian debentures issued by Golar Brasil, an indirect subsidiary of Hygo, in the aggregate principal amount of BRL 255.6 million ($51.6 million) due September 2024, bearing interest at a rate equal to the one-day interbank deposit futures rate in Brazil plus 2.65% (the “Debenture Loan”). The Debenture Loan was recognized at fair value of $52,752 on the opening balance sheet, and the premium recognized in purchase accounting will result in a reduction to interest expense until maturity. Interest and principal is payable on the Debenture Loan semi-annually on September 13 and March 13.

The Debenture Loan is fully and unconditionally guaranteed by 100% of the shares issued by Golar Brasil owned by the Company’s consolidated subsidiary, LNG Power Ltd.

Lessor VIE debt

The Company assumed the following loans in the Mergers related to lessor VIE entities, including CMBL, CCBFL, COSCO and AVIC, that are consolidated as VIEs. Although the Company has no control over the funding arrangements of these entities, the Company is the primary beneficiary of these VIEs and therefore these loan facilities are presented as part of the condensed consolidated financial statements.

CMBL – Eskimo SPV facility

The SPV, Sea 23 Leasing Co. Limited, the owner of the Eskimo, has a long-term loan facility that is denominated in USD, has a loan term of ten years and bears interest at a rate of LIBOR plus a margin of 2.66%. As of the acquisition date of GMLP, the outstanding principal balance was $160,520, and the Company recognized the fair value of this facility of $185,681 on the opening balance sheet. The premium recognized in purchase accounting will result in a reduction to interest expense until maturity.

CCBFL – Nanook SPV facility

The SPV, Compass Shipping 23 Corporation Limited, the owner of the Nanook, has a long-term loan facility that is denominated in USD, has a loan term of twelve years and bears interest at a fixed rate of 3.5%. As of the acquisition date of Hygo, the outstanding principal balance was $202,249, and the Company recognized the fair value of this facility of $207,169 on the opening balance sheet. The premium recognized in purchase accounting will result in a reduction to interest expense until maturity.

COSCO – Penguin SPV facility

The SPV, Oriental Fleet LNG 02 Limited, the owner of the Penguin, has a long-term loan facility that is denominated in USD, is repayable in quarterly installments over a term of approximately six years and bears interest at LIBOR plus a margin of 1.7%. The SPV also has amounts payable to its parent. As of the acquisition date of Hygo, the outstanding principal balance was $104,882, and the Company recognized the fair value of this facility and the amount due to the parent of $107,018 on the opening balance sheet. The premium recognized in purchase accounting will result in a reduction to interest expense until maturity.

AVIC – Celsius SPV facility

The SPV, Noble Celsius Shipping Limited, the owner of the Celsius, has a long-term loan facility that is denominated in USD, $76,179 of which is repayable in quarterly installments over a term of approximately seven years with a balloon payment of $37,179 at the end of the term and bears interest at LIBOR plus a margin of 1.8%. The SPV has another facility with remaining principal of $45,200 is due as a balloon payment upon maturity in March 2023 and bears interest at a fixed rate of 4.0%. The SPV also has amounts payable to its parent. As of the acquisition date of Hygo, the total outstanding principal balance was $121,379 and the Company recognized the fair value of this facility and the amount due to the parent of $126,302 on the opening balance sheet. The premium recognized in purchase accounting will result in a reduction to interest expense until maturity.

Debt and lease restrictions

The VIE loans and certain lease agreements with customers assumed in the Mergers contain certain operating and financing restrictions and covenants that require: (a) certain subsidiaries to maintain a minimum level of liquidity of $30,000 and consolidated net worth of $123,950, (b) certain subsidiaries to maintain a minimum debt service coverage ratio of 1.20:1, (c) certain subsidiaries to not exceed a maximum net debt to EBITDA ratio of 6.5:1, (d) certain subsidiaries to maintain a minimum percentage of the vessel values over the relevant outstanding loan facility balances of either 110% and 120%, (e) certain subsidiaries to maintain a ratio of liabilities to total assets of less than 0.70:1. As of June 30, 2021, the Company was in compliance with all covenants under debt and lease agreements.

Interest Expense

Interest and related amortization of debt issuance costs, premiums and discounts recognized during major development and construction projects are capitalized and included in the cost of the project. Interest expense, net of amounts capitalized, recognized for the three and six months ended June 30, 2021 and 2020 consisted of the following:

	Three Months Ended June 30,					Six Months Ended June 30,
	2021			2020		2021			2020
Interest per contractual rates	$	46,471		$	19,766	$	67,305		$	38,640
Amortization of fair value adjustments to assumed debt obligations		(10,295	)		-		(10,295	)		-
Amortization of debt issuance costs, premiums and discounts		1,925			5,728		2,412			10,350
Interest expense incurred on finance lease obligations		50			-		50			-
Total interest costs	$	38,151		$	25,494	$	59,472		$	48,990
Capitalized interest		6,669			8,296		9,310			17,902
Total interest expense	$	31,482		$	17,198	$	50,162		$	31,088

Income taxes

6 Months Ended

Jun. 30, 2021

Income taxes [Abstract]

Income taxes

19.

Income taxes

In the first quarter of 2021, the Company contributed all NFI LLC units into a wholly owned corporate entity dissolving the partnership entity. The transaction did not have a material impact on income tax expense.

As a result of the Mergers, the Company recognized deferred tax liabilities to reflect the impact of fair value adjustments, primarily the increased value of equity method investments, which did not impact tax basis. The Company acquired tax attribute carryforwards including net operating losses in certain jurisdictions for which net deferred tax assets have not been recognized as a result of cumulative losses and the developmental status of the entities.

The effective tax rate for the three months ended June 30, 2021 was 164.8%, compared to (0.1)% for the three months ended June 30, 2020. The total tax provision for the three months ended June 30, 2021 was $4,409, compared to $117 for the three months ended June 30, 2020. The effective tax rate for the six months ended June 30, 2021 was (9.4)%, compared to (0.1)% for the six months ended June 30, 2020. The total tax provision for the six months ended June 30, 2021 was $3,532, compared to $113 for the six months ended June 30, 2020. The calculation of the effective tax rate for the period after the Mergers includes income from equity method investments recognized for the three and six months ended June 30, 2021.

The increases to the tax provision and effective tax rate for both the three and six months ended June 30, 2021 was primarily driven by an increase in pretax income for certain profitable non-U.S. operations and the inclusion of GMLP and Hygo into our expected pre-tax results of operations for the year ended December 31, 2021. Tax expense recognized includes the results of the acquired entities from the date of acquisition through June 30, 2021. For the six months ended June 30, 2021, these increases in tax expense were partially offset by the release of a valuation allowance in a foreign jurisdiction resulting in a discrete benefit of $2,778.

The Company assumed a liability for tax contingencies in the Mergers of $19,382 primarily related to potential tax obligations for payments under certain charter agreements for acquired vessels; this liability is included in Other current liabilities on the condensed consolidated balance sheets. The Company has not recorded any other liabilities for uncertain tax positions as of June 30, 2021. The Company remains subject to periodic audits and reviews by the taxing authorities, and NFE’s returns since its formation remain open for examination.

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
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Commitments and contingencies [Abstract]

Commitments and contingencies

6 Months Ended

Jun. 30, 2021

Commitments and contingencies

20.

Commitments and contingencies

Legal proceedings and claims

The Company may be subject to certain legal proceedings, claims and disputes that arise in the ordinary course of business, and the Company has evaluated the contingencies that have been assumed in conjunction with the Mergers. The Company does not believe that these proceedings, individually or in the aggregate, will have a material adverse effect on the Company's financial position, results of operations or cash flows.

In conjunction with the Mergers, the Company has assumed contingencies for VAT in Indonesia. Indonesian tax authorities have issued letters to PTGI, a consolidated subsidiary, to revoke a previously granted VAT importation waiver for approximately $24,000 for the NR Satu. The Company does not believe it probable that a liability exists as no Tax Underpayment Assessment Notice has been received within the statute of limitations period, and the Company believes PTGI will be indemnified by PT Nusantara Regas, the charterer of the NR Satu, for any VAT liability as well as related interest and penalties under the time charter party agreement.

Prior to the Mergers, Indonesian tax authorities also issued tax assessments for land and buildings tax to PTGI for the years 2015 to 2019 in relation to the NR Satu, for approximately $3,400 (IDR 48,378.3 million). The Company intends to appeal against the assessments for the land and buildings tax as the tax authorities have not accepted the initial objection letter. The Company believes there are 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. The assessed tax was paid in January 2020 to avoid further penalties and the payment is presented in Other non-current assets on the condensed consolidated balance sheets.

Prior to the Mergers, Jordanian tax authorities concluded their tax audit into GMLP’s Jordan branch for the years 2015 and 2016 assessing additional tax of approximately $1,600 (JOD 1.10 million) and $3,100 (JOD 2.20 million), respectively. The Company has submitted an appeal to the tax notice, and a provision has not been recognized as the Company does not believes that the tax inspector has followed the correct tax audit process and the claim by the tax authorities to not allow tax depreciation is contrary to Jordan's tax legislation.

Earnings per share

6 Months Ended

Jun. 30, 2021

Earnings per share [Abstract]

Earnings per share

21.

Earnings per share

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Numerator:
Net loss	$	(1,734	)	$	(166,519	)	$	(41,243	)	$	(226,574	)
Less: net (income) loss attributable to non-controlling interests		(4,310	)		29,094			(2,704	)		80,851
Net loss attributable to Class A common stock	$	(6,044	)	$	(137,425	)	$	(43,947	)	$	(145,723	)
Denominator:
Weighted-average shares-basic and diluted		202,331,304			57,341,215			189,885,473			41,771,849

Net loss per share - basic and diluted	$	(0.03	)	$	(2.40	)	$	(0.23	)	$	(3.49	)

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the periods presented because its effects would have been anti-dilutive.

	June 30, 2021		June 30, 2020
Unvested RSUs⁽¹⁾		695,279		1,627,673
Shannon Equity Agreement shares⁽²⁾		543,096		1,290,710
Total		1,238,375		2,918,383

⁽¹⁾	Represents the number of instruments outstanding at the end of the period.

⁽²⁾	Class A common stock that would be issued in relation to the Shannon LNG Equity Agreement.

The Company declared dividends of $17,598 and $20,736 during the first and second quarters of 2021, respectively, representing $0.10 per Class A share. The Company paid $17,657 and $20,670 of dividends during the first and second quarters of 2021, respectively, inclusive of dividends that were accrued in prior periods.

After the Mergers, the Company paid a dividend of $3,019 to holders of GMLP’s 8.75% Series A Cumulative Redeemable Preferred Units (“Series A Preferred Units”). As these equity interests have been issued by the Company’s consolidated subsidiary, the value of the Series A Preferred Units is recognized as non-controlling interest in the condensed consolidated financial statements.

Share-based compensation

6 Months Ended

Jun. 30, 2021

Share-based compensation [Abstract]

Share-based compensation

22.

Share-based compensation

RSUs

The Company has granted RSUs to select officers, employees, non-employee members of the board of directors and select non-employees under the New Fortress Energy Inc. 2019 Omnibus Incentive Plan. The fair value of RSUs on the grant date is estimated based on the closing price of the underlying shares on the grant date and other fair value adjustments to account for a post-vesting holding period. These fair value adjustments were estimated based on the Finnerty model.

The following table summarizes the RSU activity for the six months ended June 30, 2021:

	Restricted Stock Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2020		1,538,060		$	13.49
Granted		-			-
Vested		(818,846	)		13.45
Forfeited		(23,935	)		13.50
Non-vested RSUs as of June 30, 2021		695,279		$	13.50

The following table summarizes the share-based compensation expense for the Company’s RSUs recorded for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Operations and maintenance	$	212	$	253	$	434	$	490
Selling, general and administrative		1,401		1,669		2,949		3,940
Total share-based compensation expense	$	1,613	$	1,922	$	3,383	$	4,430

For the three months ended June 30, 2021 and 2020, cumulative compensation expense recognized for forfeited RSU awards of $57 and $488, respectively, was reversed. For the six months ended June 30, 2021 and 2020, cumulative compensation expense recognized for forfeited RSU awards of $57 and $549, respectively, was reversed. The Company recognizes the income tax benefits resulting from vesting of RSUs in the period of vesting, to the extent the compensation expense has been recognized.

As of June 30, 2021, the Company had 695,279 non-vested RSUs subject to service conditions and had unrecognized compensation costs of approximately $4,489. The non-vested RSUs will vest over a period from ten months to three years following the grant date. The weighted-average remaining vesting period of non-vested RSUs totaled 0.76 years as of June 30, 2021.

Performance Share Units (“PSUs”)

During the first quarter of 2020 and 2021, the Company granted PSUs to certain employees and non-employees that contain a performance condition. Vesting will be determined based on achievement of a performance metric for the year subsequent to the grant, and the number of shares that will vest can range from zero to a multiple of units granted. As of June 30, 2021, the Company determined that it was not probable that the performance condition required for any of the PSUs to vest would be achieved, and as such, no compensation expense has been recognized in the condensed consolidated statements of operations and comprehensive loss.

PSUs Granted	Units Granted	Range of Vesting	Unrecognized Compensation Cost⁽¹⁾		Weighted Average Remaining Vesting Period
Q1 2020	1,109,777	0 to 2,219,554	$	30,511	0.50 years
Q1 2021	400,507	0 to 801,014	$	32,104	1.50 years

(1) Unrecognized compensation cost is based upon the maximum amount of shares that could vest

Related party transactions

6 Months Ended

Jun. 30, 2021

Related party transactions

23.

Related party transactions

Management services

The Company is majority owned by Messrs. Edens (our chief executive officer and chairman of our Board of Directors) and Nardone (one of our Directors) who are currently employed by Fortress Investment Group LLC (“Fortress”). In the ordinary course of business, Fortress, through affiliated entities, charges the Company for administrative and general expenses incurred pursuant to its Administrative Services Agreement (“Administrative Agreement”). The charges under the Administrative Agreement that are attributable to the Company totaled $1,794 and $1,914 for the three months ended June 30, 2021 and 2020, respectively, and $3,721 and $4,145 for the six months ended June 30, 2021 and 2020, respectively. Costs associated with the Administrative Agreement are included within Selling, general and administrative in the condensed consolidated statements of operations and comprehensive loss. As of June 30, 2021 and December 31, 2020, $3,373 and $5,535 were due to Fortress, respectively.

In addition to administrative services, an affiliate of Fortress owns and leases an aircraft chartered by the Company for business purposes in the course of operations. The Company incurred, at aircraft operator market rates, charter costs of $1,340 and $45 for the three months ended June 30, 2021 and 2020, respectively, and $2,949 and $1,284 for the six months ended June 30, 2021 and 2020. As of June 30, 2021 and December 31, 2020, $1,211 and $472 was due to this affiliate, respectively.

Land lease

The Company has leased land from Florida East Coast Industries, LLC (“FECI”), which is controlled by funds managed by an affiliate of Fortress. The Company recognized expense related to the land lease of $103 and $103 during the three months ended June 30, 2021 and 2020, respectively, and $229 and $206 during the six months ended June 30, 2021 and 2020, respectively, which was included within Operations and maintenance in the condensed consolidated statements of operations and comprehensive loss. As of June 30, 2021 and December 31, 2020, $0 and $316 was due to FECI, respectively. As of June 30, 2021, the Company has recorded a lease liability of $3,329 within Non-current lease liabilities on the condensed consolidated balance sheet.

DevTech investment

In August 2018, the Company entered into a consulting arrangement with DevTech Environment Limited (“DevTech”) to provide business development services to increase the customer base of the Company. DevTech also contributed cash consideration in exchange for a 10% interest in a consolidated subsidiary. The 10% interest is reflected as non-controlling interest in the Company’s condensed consolidated financial statements. DevTech purchased 10% of a note payable due to an affiliate of the Company. As of June 30, 2021 and December 31, 2020, $608 and $715 was owed to DevTech on the note payable, and the outstanding note payable due to DevTech is included in Other long-term liabilities on the condensed consolidated balance sheets. The interest expense on the note payable due to DevTech was $8 and $19 for the three months ended June 30, 2021 and 2020, respectively, and $29 and $38 for the six months ended June 30, 2021 and 2020, respectively. No interest has been paid, and accrued interest has been recognized within Other current liabilities on the condensed consolidated balance sheets. As of June 30, 2021 and December 31, 2020, $0 and $343 was due from DevTech.

Fortress affiliated entities

Since 2017, the Company has provided certain administrative services to related parties including Fortress affiliated entities. As of June 30, 2021 and December 31, 2020, $265 and $1,334 were due from affiliates, respectively. There are no costs incurred by the Company as the Company is fully reimbursed for all costs incurred. Beginning in the fourth quarter of 2020, the Company began to sublease a portion of office space to an affiliate of an entity managed by Fortress, and for the three and six months ended June 30, 2021, $241 and $394, respectively, of rent and office related expenses were incurred by this affiliate. As of June 30, 2021 and December 31, 2020, $394 and $204 were due from this affiliate, respectively.

Additionally, an entity formerly affiliated with Fortress and currently owned by Messrs. Edens and Nardone provides certain administrative services to the Company, as well as providing office space under a month-to-month non-exclusive license agreement. The Company incurred rent and administrative expenses of approximately $674 and $0 for the three months ended June 30, 2021 and 2020, respectively, and $1,477 and $849 for the six months ended June 30, 2021 and 2020. As of June 30, 2021 and December 31, 2020, $1,476 and $2,657 were due to Fortress affiliated entities, respectively.

Agency agreement with PT Pesona Sentra Utama (or PT Pesona)

PT Pesona, an Indonesian company owns 51% of the issued share capital in the Company’s subsidiary, PTGI, the owner and operator of NR Satu, and provides agency and local representation services for the Company with respect to NR Satu. During the period after the Mergers, PT Pesona did not receive any agency fees. PT Pesona and certain of its subsidiaries also charged vessel management fees to the Company for the provision of technical and commercial management of the vessels amounting to $126 for period after the Mergers.

Hilli guarantees

As part of the GMLP Merger, the Company agreed to assume a guarantee (the “Partnership Guarantee”) of 50% of the outstanding principal and interest amounts payable by Hilli Corp under the Hilli Leaseback. The Company also assumed a guarantee of the letter of credit (“LOC Guarantee”) issued by a financial institution in the event of Hilli Corp’s underperformance or non-performance under the LTA. Under the LOC Guarantee, the Company is severally liable for any outstanding amounts that are payable, up to approximately $19,000.

Subsequent to the GMLP Merger, under the Partnership Guarantee and the LOC Guarantee NFE’s subsidiary, GMLP, is required to comply with the following covenants and ratios:

• free liquid assets of at least $30 million throughout the Hilli Leaseback period;

• a maximum net debt to EBITDA ratio for the previous 12 months of 6.5:1; and

• a consolidated tangible net worth of $123.95 million.

As of June 30, 2021, the amount the Company has guaranteed under the Partnership Guarantee and the LOC Guarantee is $372,750, and the fair value of debt guarantee after amortization, presented under Other current liabilities and Other non-current liabilities on the condensed consolidated balance sheet, amounted to $2,469 and $7,960, respectively. As of June 30, 2021 the Company was in compliance with the covenants and ratios for both Hilli guarantees.

GLNG management and services agreements

In connection with the closing of the Mergers, the Company entered into multiple agreements with Golar Management Limited, a subsidiary of GLNG (“Golar Management”), including omnibus agreements, transition services agreements, ship management agreements and other services agreements described as follows:

•

The Company and Golar Management entered into transition service agreements whereby Golar Management provides certain administrative and consulting services to facilitate the integration of GMLP and Hygo (the “Transition Services Agreements”). The Transition Services Agreements commenced on April 15, 2021 and will terminate on April 30, 2022 unless terminated earlier by either party. The Company will pay Golar Management monthly payments of $250 and will reimburse Golar Management for all reasonable and documented out-of-pocket expenses or remittances of funds paid to a third party in connection with the provision of the Transition Services.

•

The Company’s vessel-owning subsidiaries entered into ship management agreements with Golar Management (the “Ship Management Agreements”), pursuant to which Golar Management will provide certain technical, crew, insurance and commercial management services for the acquired vessels for a specified annual cost per vessel. The Ship Management Agreements commenced on April 15, 2021 will continue until terminated by either party by notice, in which event the relevant Ship Management Agreements will terminate upon the later of 12 months after April 15, 2021 or two months from the date on which such notice is received.

•

The Company also entered into certain agreements whereby GLNG or its subsidiaries will continue to provide certain guarantees and indemnities under charter arrangements or GMLP’s and Hygo’s sale leaseback agreements. NFE will pay to the relevant Charter Guarantor or Golar an annual guarantee fee of $250 per vessel (pro-rated for the number of days in the year during which such relevant GP Parent or Golar Guarantee and/or GP LC Counter-indemnity is outstanding).

•

The Company and Golar Management (Bermuda) Limited (“Golar Bermuda”) entered into a services agreement (the “Bermuda Services Agreement”) pursuant to which Golar Bermuda will act as GMLP’s and Hygo's registered office in Bermuda and provide certain corporate secretarial, registrar and administration services (the “Bermuda Services Agreements”). The Bermuda Services Agreements commenced on April 15, 2021. Either party may terminate the Bermuda Services Agreements upon 30 days’ prior written notice. Golar Partners and Hygo will pay Golar Bermuda an aggregate annual fee of $50 for the Bermuda services and will reimburse Golar Bermuda for all incidental documented costs and expenses reasonably incurred by Golar Bermuda and its designees in connection with the provision of the Bermuda services.

During the period subsequent to the completion of the Mergers, the Company incurred $3,100 in management, services or guarantee fees under these agreements with GLNG, Golar Management or GLNG affiliated entities. Of the $3,100 incurred, $1,911 and $1,189 were recorded in Vessel operating expenses and Selling, general and administrative, respectively.

Segments

6 Months Ended

Jun. 30, 2021

Segments [Abstract]

Segments

24.

Segments

As of June 30, 2021, the Company operates in two reportable segments: Terminals and Infrastructure and Ships:

•

Terminals and Infrastructure includes the Company’s vertically integrated gas to power solutions, spanning the entire production and delivery chain from natural gas procurement and liquefaction to logistics, shipping, facilities and conversion or development of natural gas-fired power generation. Leased vessels as well as acquired vessels that are utilized in the Company’s terminal or logistics operations are included in this segment.

•

Ships includes FSRUs and LNG carriers that are leased to customers under long-term or spot arrangements. FSRUs are stationed offshore for customer’s operations to regasify LNG; six of the FSRUs acquired in the Mergers are included in this segment, including the Nanook. LNG carriers are vessels that transport LNG and are compatible with many LNG loading and receiving terminals globally. Six of the LNG carriers acquired in the Mergers are included in this segment. The Company’s investment in Hilli LLC is also included in the Ships segment

The CODM uses Segment Operating Margin to evaluate the performance of the segments and allocate resources. Segment Operating Margin is defined as the segment's revenue less cost of sales less operations and maintenance less vessel operating expenses. Terminals and Infrastructure Segment Operating Margin includes our effective share of revenue, expenses and operating margin attributable to our 50% ownership of CELSEPAR. Ships Operating Margin includes our effective share of revenue, expenses and Operating Margin attributable to our ownership of 50% of the common units of Hilli LLC.

Management considers Segment Operating Margin to be the appropriate metric to evaluate and compare the ongoing operating performance of our segments on a consistent basis across reporting periods as it eliminates the effect of items which we do not believe are indicative of each segment's operating performance.

The table below presents our segment information for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30, 2021
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	181,548	$	95,762	$	277,310	$	(53,471	)	$	223,839
Cost of sales		103,451		-		103,451		(2,021	)		101,430
Vessel operating expenses		-		20,175		20,175		(4,775	)		15,400
Operations and maintenance		23,644		-		23,644		(5,079	)		18,565
Operating Margin	$	54,453	$	75,587	$	130,040	$	(41,596	)	$	88,444
Balance sheet:
Total assets⁽⁵⁾	$	1,917,701	$	4,474,374	$	6,392,075	$	(-	)	$	6,392,075
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	210,790	$	1,400	$	212,190	$	(-	)	$	212,190

	Six Months Ended June 30, 2021
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	327,232	$	95,762	$	422,994	$	(53,471	)	$	369,523
Cost of sales		200,122		-		200,122		(2,021	)		198,101
Vessel operating expenses		-		20,175		20,175		(4,775	)		15,400
Operations and maintenance		39,895		-		39,895		(5,079	)		34,816
Operating Margin	$	87,215	$	75,587	$	162,802	$	(41,596	)	$	121,206
Balance sheet:
Total assets⁽⁵⁾	$	1,917,701	$	4,474,374	$	6,392,075	$	(-	)	$	6,392,075
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	316,551	$	1,400	$	317,951	$	(-	)	$	317,951

	Three Months Ended June 30, 2020
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	94,566	$	-	$	94,566	$	(-	)	$	94,566
Cost of sales		69,899		-		69,899		(-	)		69,899
Vessel operating expenses		-		-		-		(-	)		-
Operations and maintenance		9,500		-		9,500		(-	)		9,500
Operating Margin	$	15,167	$	-	$	15,167	$	(-	)	$	15,167
Balance sheet:
Total assets⁽⁵⁾	$	1,421,513	$	-	$	1,421,513	$	(-	)	$	1,421,513
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	16,241		-	$	16,241	$	(-	)	$	16,241

	Six Months Ended June 30, 2020
	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Eliminations⁽³⁾			Consolidated
Statement of operations:
Total revenues	$	169,096	$	-	$	169,096	$	(-	)	$	169,096
Cost of sales		138,115		-		138,115		(-	)		138,115
Vessel operating expenses		-		-		-		(-	)		-
Operations and maintenance		17,983		-		17,983		(-	)		17,983
Operating Margin	$	12,998	$	-	$	12,998	$	(-	)	$	12,998
Balance sheet:
Total assets⁽⁴⁾	$	1,421,513	$	-	$	1,421,513	$	(-	)	$	1,421,513
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	80,541	$	-	$	80,541	$	(-	)	$	80,451

⁽¹⁾ Terminals and Infrastructure includes the Company's effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR. The earnings attributable to the investment of $28,447 are reported in income (loss) from equity method investments on the condensed consolidated statements of operations.

⁽²⁾ Ships includes the Company's effective share of revenues, expenses and operating margin attributable to 50% ownership of the Hilli Common Units. The earnings attributable to the investment of $10,494 are reported in income (loss) from equity method investments on the condensed consolidated statements of operations and comprehensive loss.

⁽³⁾ Eliminations reverse the inclusion of the effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR and Hilli Common Units in our segment measure.

⁽⁴⁾ Total assets and capital expenditure by segment refers to assets held and capital expenditures related to the development of the Company's terminals and vessels. The Terminals and Infrastructure segment includes the net book value of vessels utilized within the Terminals and Infrastructure Segment.

⁽⁵⁾ Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.

Segment Operating Margin reconciles to Operating Margin, which is a non-GAAP measure. We define non-GAAP operating margin as GAAP net loss, adjusted for selling, general and administrative expenses, transaction and integration costs, depreciation and amortization, interest expense, other (income) expense, income from equity method investments and tax expense.

The following table reconciles Net loss, our most comparable GAAP measure, to Consolidated Operating Margin:

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Net loss	$	(1,734	)	$	(166,519	)	$	(41,243	)	$	(226,574	)
Add:
Selling, general and administrative		44,536			31,846			78,152			60,216
Transaction and integration costs		29,152			-			40,716			-
Contract termination charges and loss on mitigation sales		-			123,906			-			124,114
Depreciation and amortization		26,997			7,620			36,886			12,874
Interest expense		31,482			17,198			50,162			31,088
Other (income) expense, net		(7,457	)		999			(8,058	)		1,610
Loss on extinguishment of debt, net		-			-			-			9,557
Tax provision		4,409			117			3,532			113
(Income) loss from equity method investments		(38,941	)		-			(38,941	)		-
Consolidated Operating Margin	$	88,444		$	15,167		$	121,206		$	12,998

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
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Reference 2: http://www.xbrl.org/2003/role/disclosureRef
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Reference 3: http://www.xbrl.org/2003/role/disclosureRef
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Reference 4: http://www.xbrl.org/2003/role/disclosureRef
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Reference 5: http://www.xbrl.org/2003/role/disclosureRef
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Reference 7: http://www.xbrl.org/2003/role/disclosureRef
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Reference 9: http://www.xbrl.org/2003/role/disclosureRef
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Significant accounting policies [Abstract]

Subsequent events

6 Months Ended

Jun. 30, 2021

Subsequent events [Abstract]

Subsequent events

25.

Subsequent events

On July 16, 2021, the Company entered into an uncommitted letter of credit and reimbursement agreement with a bank for the issuance of letters of credit for an aggregate amount of up to $75,000. Outstanding letters of credit are subject to a fee of 1.75% to be paid quarterly, and interest is payable on the principal amounts of unreimbursed letter of credit draws under the facility at a rate of the higher of the bank’s prime rate or the Federal Funds Effective Rate plus 0.50% and a margin of 1.75%. The Company plans to use this uncommitted letter of credit and reimbursement agreement to reduce the cash collateral required under existing letters of credit. A portion of our restricted cash balance supports existing letters of credit, and we plan to use this uncommitted letter of credit and reimbursement agreement to replace these letters of credit and release restricted cash enhancing the Company’s ability to manage the working capital needs of the business.

Significant accounting policies (Policies)

6 Months Ended

Jun. 30, 2021

Basis of presentation and principles of consolidation

(a)	Basis of presentation and principles of consolidation

Revenue recognition

(b)	Revenue recognition

Terminals and Infrastructure

Ships

Business combinations

(c)	Business combinations

Equity method investments

(d)	Equity method investments

Lessor expense recognition

(e)	Lessor expense recognition

Initial direct costs include costs directly related to the negotiation and consummation of the lease are deferred and recognized in Selling, general and administrative over the lease term.

Guarantees

(f)	Guarantees

Derivatives

(g)	Derivatives

Property, plant and equipment, net

(h)	Property, plant and equipment, net

	Useful life (Yrs)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leasehold improvements	2-20

The Company reviews the remaining useful life of its assets on a regular basis to determine whether changes have taken place that would suggest that a change to depreciation policies is warranted.

Transaction and integration costs

(i)	Transaction and integration costs

Significant accounting policies (Tables)

6 Months Ended

Jun. 30, 2021

Significant accounting policies [Abstract]

Estimated Economic Life of Property Plant and Equipment

	Useful life (Yrs)
Vessels	5-30
Terminal and power plant equipment	4-24
CHP facilities	4-20
Gas terminals	5-24
ISO containers and associated equipment	3-25
LNG liquefaction facilities	20-40
Gas pipelines	4-24
Leasehold improvements	2-20

Acquisitions (Tables)

6 Months Ended

Jun. 30, 2021

Business Acquisition [Line Items]

Unaudited Pro Forma Condensed Financial Information

The following table summarizes the unaudited pro forma condensed financial information of the Company as if the Mergers had occurred on January 1, 2020.

	Three Months Ended					Six Months Ended
	June 30, 2021		June 30, 2020			June 30, 2021			June 30, 2020
Revenue	$	239,554	$	188,149		$	474,990		$	342,274
Net income (loss)		4,438		(150,337	)		(48,746	)		(297,267	)
Net income (loss) attributable to stockholders		3,904		(125,983	)		(46,146	)		(226,343	)

Hygo Merger [Member]

Business Acquisition [Line Items]

Value Consideration Paid

Based on the closing price of NFE’s common stock on April 15, 2021, the total value of consideration in the Hygo Merger was $1.98 billion, shown as follows:

Consideration			As of April 15, 2021
Cash consideration for Hygo Preferred Shares	$	180,000
Cash consideration for Hygo Common Shares		400,000
Total Cash Consideration			$	580,000
Merger consideration to be paid in shares of NFE Common Stock		1,400,784
Total Non-Cash Consideration				1,400,784
Total Consideration			$	1,980,784

Fair Values Assigned to Assets Acquired, Liabilities Assumed and Non-Controlling Interests

Hygo	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	26,641
Restricted cash		48,183
Accounts receivable		5,126
Inventory		1,022
Other current assets		8,095
Assets under development		128,625
Property, plant and equipment, net		385,389
Intangible assets, net		44,702
Equity method investments		805,391
Finance leases, net		601,000
Deferred tax assets, net		1,065
Other non-current assets		52,996
Total assets acquired:	$	2,108,235
Liabilities Assumed
Current portion of long-term debt	$	38,712
Accounts payable		3,059
Accrued liabilities		39,149
Other current liabilities		13,495
Long-term debt		455,165
Deferred tax liabilities, net		241,177
Other non-current liabilities		21,520
Total liabilities assumed:		812,277
Non-controlling interest		62,111
Net assets acquired:		1,233,847
Goodwill	$	746,937

GMLP Merger [Member]

Business Acquisition [Line Items]

Value Consideration Paid

The consideration paid by the Company in the GMLP Merger was as follows:

Consideration				As of April 15, 2021
GMLP Common Units ($3.55 per unit x 69,301,636 units)	$	246,021
GMLP General Partner Interest ($3.55 per unit x 1,436,391 units)		5,099
Partnership Phantom Units ($3.55 per unit x 58,960 units)		209
Cash Consideration				$	251,329
GMLP debt repaid in acquisition		899,792
Total Cash Consideration					1,151,121
Cash settlement of preexisting relationship		(3,978	)
Total Consideration				$	1,147,143

Fair Values Assigned to Assets Acquired, Liabilities Assumed and Non-Controlling Interests

The process of estimating the fair values of certain tangible assets, identifiable intangible assets and assumed liabilities requires the use of judgment in determining the appropriate assumptions and estimates. The Company is in the process of finalizing the valuation of assets acquired, liabilities assumed and non-controlling interests of GMLP, and therefore the purchase price allocation should be considered preliminary. The preliminary purchase price allocation may be subject to further refinement as the evaluation of the underlying inputs and assumptions of third-party valuations and the assessment of acquisition-related income taxes are finalized. The goodwill balance may be adjusted pending the completion of the valuation of the assets acquired, liabilities assumed and non-controlling interests of GMLP as described above. The preliminary estimates may be subject to adjustments during the measurement period, not to exceed one year, based upon new information obtained about facts and circumstances that existed as of the acquisition date. To the extent that significant changes occur in the future, the Company will disclose such changes in the reporting period in which they occur. Preliminary fair values assigned to the assets acquired, liabilities assumed and non-controlling interests of GMLP as of the closing date were as follows:

GMLP	As of April 15, 2021
Assets Acquired
Cash and cash equivalents	$	41,461
Restricted cash		24,816
Accounts receivable		3,195
Inventory		2,151
Other current assets		2,789
Equity method investments		356,000
Property, plant and equipment, net		1,063,215
Intangible assets, net		120,000
Deferred tax assets, net		963
Other non-current assets		4,400
Total assets acquired:	$	1,618,990
Liabilities Assumed
Current portion of long-term debt	$	185,681
Accounts payable		3,019
Accrued liabilities		17,226
Other current liabilities		73,774
Deferred tax liabilities, net		16,008
Other non-current liabilities		10,630
Total liabilities assumed:		306,338
Non-controlling interest		167,174
Net assets to be acquired:		1,145,478
Goodwill	$	1,665

VIEs (Tables)

6 Months Ended

Jun. 30, 2021

VIEs [Abstract]

Summary of Sale and Leaseback Arrangements

The following table gives a summary of the sale and leaseback arrangements, including repurchase options and obligations as of June 30, 2021:

Vessel	End of lease term	Date of next repurchase option	Repurchase price at next repurchase option date	Repurchase obligation at end of lease term
Eskimo	$November 2025	$November 2021	$189,100	$128,250
Nanook	September 2030	September 2021	205,133	94,179
Penguin	December 2025	December 2021	92,761	63,040
Celsius	March 2027	March 2022	98,290	45,000

Summary of Payment Obligations

A summary of payment obligations under the bareboat charters with the lessor VIEs as of June 30, 2021, are shown below:

Vessel	Remaining 2021		2022		2023		2024		2025		_2026+
Eskimo	$	8,164	$	-	$	-	$	-	$	-	$	-
Nanook		10,833		21,207		20,631		20,078		19,478		84,673
Penguin		5,901		11,581		11,247		10,894		7,956		-
Celsius		7,930		15,444		14,908		14,383		13,836		12,699

Assets and Liabilities of Lessor VIEs

The assets and liabilities of these lessor VIEs that most significantly impact the condensed consolidated balance sheet as of June 30, 2021 are as follows:

	Eskimo		Nanook		Penguin		Celsius
Assets
Restricted cash	$	-	$	14,713	$	5,599	$	25,131
Liabilities
Long-term debt - current portion	$	172,452	$	-	$	14,652	$	5,942
Long-term debt - non-current portion		-		207,048		81,914		118,631

Revenue recognition (Tables)

6 Months Ended

Jun. 30, 2021

Revenue recognition [Abstract]

Contract with Customer, Asset and Liability

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Development services revenue	$	46,589	$	17,495	$	100,660	$	27,566
Interest income and other revenue		9,853		894		10,270		1,851
Total other revenue	$	56,442	$	18,389	$	110,930	$	29,417

Other Revenue

	June 30, 2021		December 31, 2020
Contract assets, net - current	$	6,354	$	3,673
Contract assets, net - non-current		32,353		23,972
Total contract assets, net	$	38,707	$	27,645

Contract liabilities	$	5,530	$	8,399

Revenue recognized in the year from:
Amounts included in contract liabilities at the beginning of the year	$	3,283	$	6,542

Remaining Performance Obligations

Period	Revenue
Remainder of 2021	$	215,722
2022		514,566
2023		515,175
2024		510,664
2025		503,493
Thereafter		8,323,179
Total	$	10,582,799

Property, Plant and Equipment Subject to Operating Leases

	June 30, 2021			December 31, 2020
Property, plant and equipment	$	1,268,716		$	18,394
Accumulated depreciation		(9,093	)		(932	)
Property, plant and equipment, net	$	1,259,623		$	17,462

Components of Lease Income

The components of lease income from vessel operating leases for the three and six months ended June 30, 2021 were as follows:

	June 30, 2021
Operating lease income	$	62,026
Variable lease income		1,370
Total operating lease income	$	63,396

Operating and Financing Lease Payments to be Received

The following table shows the expected future lease payments as of June 30, 2021, for the remainder of 2021 through 2025 and thereafter:

	Future cash receipts
	Financing leases		Operating leases
Remainder of 2021	$	24,956	$	143,806
2022		49,951		245,023
2023		50,616		144,016
2024		51,442		103,461
2025		51,876		25,961
Thereafter		1,102,841		-
Total minimum lease receivable	$	1,331,682	$	662,267
Unguaranteed residual value		107,000
Gross investment in sales-type lease	$	1,438,682
Less: Unearned interest income		827,687
Less: Current expected credit losses		1,550
Net investment in leased vessel	$	609,445

Current portion of net investment in leased asset	$	3,337
Non-current portion of net investment in leased asset		606,108

Leases, as lessee (Tables)

6 Months Ended

Jun. 30, 2021

Leases, as lessee [Abstract]

Right-of-use Assets, Current Lease Liabilities and Non-current Lease Liabilities

As of June 30, 2021 and December 31, 2020, right-of-use assets, current lease liabilities and non-current lease liabilities consisted of the following:

	June 30, 2021		December 31, 2020

Operating right-of-use assets	$	130,534	$	141,347
Finance right-of-use assets ⁽¹⁾		8,602		-
Total right-of-use assets	$	139,136	$	141,347

Current lease liabilities:
Operating lease liabilities	$	28,811	$	35,481
Finance lease liabilities		1,266		-
Total current lease liabilities	$	30,077	$	35,481
Non-current lease liabilities:
Operating lease liabilities	$	84,000	$	84,323
Finance lease liabilities		5,673		-
Total non-current lease liabilities	$	89,673	$	84,323

⁽¹⁾ Finance lease right-of-use assets are recorded net of accumulated amortization of $61 as of June 30, 2021.

Components of Operating Lease Costs

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Fixed lease cost	$	9,036	$	6,596	$	20,781	$	16,863
Variable lease cost		503		74		1,196		713
Short-term lease cost		1,507		330		2,229		616

Lease cost - Cost of sales	$	8,993	$	6,109	$	20,029	$	15,460
Lease cost - Operations and maintenance		549		440		1,106		828
Lease cost - Selling, general and administrative		1,504		451		3,071		1,904

Supplemental Cash Flow Information Related to Leases

	Six Months Ended June 30,
	2021		2020
Operating cash outflows for operating lease liabilities	$	18,354	$	23,257
Financing cash outflows for financing lease liabilities		654		-
Right-of-use assets obtained in exchange for new operating lease liabilities		3,706		128,592
Right-of-use assets obtained in exchange for new financing lease liabilities		8,663		-

Future Payments Due under Operating and Financing Lease

The future payments due under operating and finance leases as of June 30, 2021 are as follows:

	Operating Leases		Finance Leases
Due remainder of 2021	$	17,906	$	844
2022		33,276		1,395
2023		26,604		1,465
2024		20,234		1,484
2025		11,810		1,484
Thereafter		55,156		1,640
Total lease payments	$	164,986	$	8,312
Less: effects of discounting		52,175		1,373
Present value of lease liabilities	$	112,811	$	6,939

Current lease liability	$	28,811	$	1,266
Non-current lease liability		84,000		5,673

Financial instruments (Tables)

6 Months Ended

Jun. 30, 2021

Financial instruments [Abstract]

Interest Rate and Cross Currency Interest Rate Swaps

The following table summarizes the terms of interest rate and cross currency interest rate swaps as of June 30, 2021:

Instrument	Notional Amount		Maturity Dates	Fixed Interest Rate	Forward Foreign Exchange Rate
Interest rate swap	$	372,750,000	March 2026	_2.86%	_n/a
Cross currency interest rate swap - Debenture Loan, due 2024	BRL 255,600,132		September 2024	_5.90%	_5.424

Financial Assets and Financial Liabilities

The following table presents the Company’s financial assets and financial liabilities that are measured at fair value as of June 30, 2021 and December 31, 2020:

_	Fair Value Hierarchy	June 30, 2021 Carrying Value		June 30, 2021 Fair Value		December 31, 2020 Carrying Value		December 31, 2020 Fair Value		Valuation Technique
Non-Derivatives:
Cash and cash equivalents	Level 1	$	143,138	$	143,138	$	601,522	$	601,522	Market approach
Restricted cash	Level 1		87,180		87,180		27,814		27,814	Market approach
Investment in equity securities	Level 1		245		245		256		256	Market approach
Investment in equity securities	Level 3		1,849		1,849		1,000		1,000	Market approach
Long-term debt⁽¹⁾	Level 2		3,563,734		3,626,972		1,250,000		1,327,488	Market approach
Derivatives:
Derivative liability⁽²⁾⁽³⁾	Level 3		31,923		31,923		10,716		10,716	Income approach
Equity agreement⁽³⁾⁽⁴⁾	Level 3		20,430		20,430		22,768		22,768	Income approach
Cross currency interest rate swap asset⁽⁵⁾⁽⁶⁾	Level 2		2,135		2,135		-		-	Income approach
Interest rate swap liability⁽⁵⁾⁽⁶⁾	Level 2		28,474		28,474		-		-	Income approach

Fair Value and Currency Translation Adjustment

	Three Months Ended June 30,					Six Months Ended June 30,
	2021			2020		2021			2020
Derivative liability/Equity agreement - Fair value adjustment - (Gain) loss	$	(288	)	$	1,323	$	(713	)	$	(294	)
Interest rate swap - Fair value adjustment (gain)		(346	)		-		(346	)		-
Cross currency interest rate swap - Fair value adjustment (gain)		(6,014	)		-		(6,014	)		-

Restricted cash (Tables)

6 Months Ended

Jun. 30, 2021

Restricted cash [Abstract]

Restricted Cash

As of June 30, 2021 and December 31, 2020, restricted cash consisted of the following:

	June 30, 2021		December 31, 2020
Cash held by lessor VIEs	$	45,443	$	-
Collateral for interest rate swaps		12,500		-
Collateral for performance under customer agreements		15,000		15,000
Collateral for LNG purchases		-		11,664
Collateral for letters of credit and performance bonds		13,231		900
Other restricted cash		1,006		250
Total restricted cash	$	87,180	$	27,814

Current restricted cash	$	57,353	$	12,814
Non-current restricted cash		29,827		15,000

Inventory (Tables)

6 Months Ended

Jun. 30, 2021

Inventory [Abstract]

Inventory

As of June 30, 2021 and December 31, 2020, inventory consisted of the following:

	June 30, 2021		December 31, 2020
LNG and natural gas inventory	$	47,637	$	13,986
Automotive diesel oil inventory		4,751		3,986
Bunker fuel, materials, supplies and other		9,103		4,888
Total inventory	$	61,491	$	22,860

Prepaid expenses and other current assets (Tables)

6 Months Ended

Jun. 30, 2021

Prepaid expenses and other current assets [Abstract]

Prepaid Expenses and Other Current Assets, Net

As of June 30, 2021 and December 31, 2020, prepaid expenses and other current assets consisted of the following:

	June 30, 2021		December 31, 2020
Prepaid LNG	$	24,568	$	11,987
Prepaid expenses		7,268		4,941
Due from affiliates		2,797		1,881
Other current assets		57,377		29,461
Total prepaid expenses and other current assets, net	$	92,010	$	48,270

Equity method investments (Tables)

6 Months Ended

Jun. 30, 2021

Equity method investments [Abstract]

Changes in Equity Method Investments

Changes in the balance of the Company’s equity method investments is as follows:

	June 30, 2021
Equity method investments as of December 31, 2020	$	-
Acquisition of equity method investments in the Mergers		1,161,391
Dividend		(7,386	)
Equity in earnings / losses of investees		38,941
Foreign currency translation adjustment		119,126
Equity method investments as of June 30, 2021	$	1,312,072

Carrying Amount of Equity Method Investments

The carrying amount of equity method investments as of June 30, 2021 is as follows:

	June 30, 2021
CELSEPAR	$	952,965
Hilli LLC		359,107
Total carrying amount of equity method investments	$	1,312,072

Construction in progress (Tables)

6 Months Ended

Jun. 30, 2021

Construction in progress [Abstract]

Construction in Progress Activity

The Company’s construction in progress activity during the six months ended June 30, 2021 is detailed below:

	June 30, 2021
Balance at beginning of period	$	234,037
Acquisition of construction in progress from business combinations		128,625
Additions		315,970
Impact of change in FX rates		17,172
Transferred to property, plant and equipment, net or finance leases		(3,059	)
Balance at end of period	$	692,745

Property, plant and equipment, net (Tables)

6 Months Ended

Jun. 30, 2021

Property, plant and equipment, net [Abstract]

Property, Plant and Equipment, Net

As of June 30, 2021 and December 31, 2020, the Company’s property, plant and equipment, net consisted of the following:

	June 30, 2021			December 31, 2020
Vessels	$	1,435,623		$	-
Terminal and power plant equipment		189,421			188,855
CHP facilities		122,776			119,723
Gas terminals		120,810			120,810
ISO containers and other equipment		115,176			100,137
LNG liquefaction facilities		63,213			63,213
Gas pipelines		58,987			58,974
Land		16,734			16,246
Leasehold improvements		9,133			8,723
Accumulated depreciation		(93,135	)		(62,475	)
Total property, plant and equipment, net	$	2,038,738		$	614,206

Intangible assets (Tables)

6 Months Ended

Jun. 30, 2021

Intangible assets [Abstract]

Composition of Intangible Assets

The following table summarizes the composition of intangible assets as of June 30, 2021 and December 31, 2020:

	June 30, 2021
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustment			Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Favorable vessel charter contracts	$	120,000	$	(8,625	)	$	-		$	111,375		3
Permits and development rights		92,918		(3,202	)		(3,720	)		85,996		32
Acquired power purchase agreements		16,585		-			9,133			25,718		17
Easements		1,559		(216	)		-			1,343		30

Indefinite-lived intangible assets
Easements		1,191		-			45			1,236		n/a
Total intangible assets	$	232,253	$	(12,043	)	$	5,458		$	225,668

	December 31, 2020
	Gross Carrying Amount		Accumulated Amortization			Currency Translation Adjustments		Net Carrying Amount		Weighted Average Life
Definite-lived intangible assets
Permits	$	42,441	$	(2,438	)	$	3,456	$	43,459		40
Easements		1,559		(190	)		-		1,369		30

Indefinite-lived intangible assets
Easements		1,191		-			83		1,274		n/a
Total intangible assets	$	45,191	$	(2,628	)	$	3,539	$	46,102

Other non-current assets (Tables)

6 Months Ended

Jun. 30, 2021

Other non-current assets [Abstract]

Other Non-Current Assets

As of June 30, 2021 and December 31, 2020, Other non-current assets consisted of the following:

	June 30, 2021		December 31, 2020
Nonrefundable deposit	$	30,441	$	28,509
Contract asset, net (Note 6)		32,353		23,972
Cost to fulfill (Note 6)		10,679		10,688
Unbilled receivables, net (Note 6)		6,284		6,462
Upfront payments to customers		10,390		6,330
Other		26,857		10,069
Total other non-current assets, net	$	117,004	$	86,030

Accrued liabilities (Tables)

6 Months Ended

Jun. 30, 2021

Accrued liabilities [Abstract]

Accrued Liabilities

As of June 30, 2021 and December 31, 2020, accrued liabilities consisted of the following:

	June 30, 2021		December 31, 2020
Accrued development costs	$	50,957	$	16,631
Accrued interest		55,253		27,938
Accrued consideration in asset acquisitions		18,660		-
Accrued bonuses		12,067		17,344
Accrued vessel operating and drydocking expenses		4,575		-
Other accrued expenses		51,211		28,439
Total accrued liabilities	$	192,723	$	90,352

Debt (Tables)

6 Months Ended

Jun. 30, 2021

Debt [Abstract]

Long-term Debt

As of June 30, 2021 and December 31, 2020, debt consisted of the following:

	June 30, 2021		December 31, 2020
Senior Secured Notes, due September 15, 2025	$	1,240,173	$	1,239,561
Senior Secured Notes, due September 30, 2026		1,476,947		-
Revolving Facility		152,500		-
Debenture Loan, due 2024		60,595		-
Subtotal (excluding lessor VIE loans)		2,930,215		1,239,561
CMBL loan:
Golar Eskimo SPV facility, due 2025		172,452		-
CCBFL VIE loan:
Golar Nanook SPV facility, due 2030		207,045		-
COSCO VIE loan:
Golar Penguin SPV facility, due 2025		96,566		-
AVIC VIE loan:
Golar Celsius SPV facility, due 2023/2027		124,576		-
Total debt	$	3,530,854	$	1,239,561
Current portion of debt		204,551		-
Non-current portion of debt		3,326,303		1,239,561

Outstanding Debt Repayable

Our outstanding debt as of June 30, 2021 is repayable as follows:

	June 30, 2021
Due remainder of 2021	$	174,725
2022		27,911
2023		76,978
2024		32,882
2025		1,264,824
Thereafter		1,949,977
Total debt	$	3,527,297
Add: fair value adjustments to assumed obligations		36,437
Less: deferred finance charges		(32,880	)
Total debt, net deferred finance charges	$	3,530,854

Interest Expense

	Three Months Ended June 30,					Six Months Ended June 30,
	2021			2020		2021			2020
Interest per contractual rates	$	46,471		$	19,766	$	67,305		$	38,640
Amortization of fair value adjustments to assumed debt obligations		(10,295	)		-		(10,295	)		-
Amortization of debt issuance costs, premiums and discounts		1,925			5,728		2,412			10,350
Interest expense incurred on finance lease obligations		50			-		50			-
Total interest costs	$	38,151		$	25,494	$	59,472		$	48,990
Capitalized interest		6,669			8,296		9,310			17,902
Total interest expense	$	31,482		$	17,198	$	50,162		$	31,088

Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer.

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Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive

Earnings per share (Tables)

6 Months Ended

Jun. 30, 2021

Earnings per share [Abstract]

Earnings Per Share

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Numerator:
Net loss	$	(1,734	)	$	(166,519	)	$	(41,243	)	$	(226,574	)
Less: net (income) loss attributable to non-controlling interests		(4,310	)		29,094			(2,704	)		80,851
Net loss attributable to Class A common stock	$	(6,044	)	$	(137,425	)	$	(43,947	)	$	(145,723	)
Denominator:
Weighted-average shares-basic and diluted		202,331,304			57,341,215			189,885,473			41,771,849

Net loss per share - basic and diluted	$	(0.03	)	$	(2.40	)	$	(0.23	)	$	(3.49	)

The following table presents potentially dilutive securities excluded from the computation of diluted net loss per share for the periods presented because its effects would have been anti-dilutive.

	June 30, 2021		June 30, 2020
Unvested RSUs⁽¹⁾		695,279		1,627,673
Shannon Equity Agreement shares⁽²⁾		543,096		1,290,710
Total		1,238,375		2,918,383

⁽¹⁾	Represents the number of instruments outstanding at the end of the period.

⁽²⁾	Class A common stock that would be issued in relation to the Shannon LNG Equity Agreement.

Share-based compensation (Tables)

6 Months Ended

Jun. 30, 2021

Share-based compensation [Abstract]

RSU Activity

The following table summarizes the RSU activity for the six months ended June 30, 2021:

	Restricted Stock Units			Weighted-average grant date fair value per share
Non-vested RSUs as of December 31, 2020		1,538,060		$	13.49
Granted		-			-
Vested		(818,846	)		13.45
Forfeited		(23,935	)		13.50
Non-vested RSUs as of June 30, 2021		695,279		$	13.50

Share-based Compensation Expense

The following table summarizes the share-based compensation expense for the Company’s RSUs recorded for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30,				Six Months Ended June 30,
	2021		2020		2021		2020
Operations and maintenance	$	212	$	253	$	434	$	490
Selling, general and administrative		1,401		1,669		2,949		3,940
Total share-based compensation expense	$	1,613	$	1,922	$	3,383	$	4,430

PSU Activity

Performance Share Units (“PSUs”)

PSUs Granted	Units Granted	Range of Vesting	Unrecognized Compensation Cost⁽¹⁾		Weighted Average Remaining Vesting Period
Q1 2020	1,109,777	0 to 2,219,554	$	30,511	0.50 years
Q1 2021	400,507	0 to 801,014	$	32,104	1.50 years

(1) Unrecognized compensation cost is based upon the maximum amount of shares that could vest

Segments (Tables)

6 Months Ended

Jun. 30, 2021

Segments [Abstract]

Segment Information

The table below presents our segment information for the three and six months ended June 30, 2021 and 2020:

	Three Months Ended June 30, 2021
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	181,548	$	95,762	$	277,310	$	(53,471	)	$	223,839
Cost of sales		103,451		-		103,451		(2,021	)		101,430
Vessel operating expenses		-		20,175		20,175		(4,775	)		15,400
Operations and maintenance		23,644		-		23,644		(5,079	)		18,565
Operating Margin	$	54,453	$	75,587	$	130,040	$	(41,596	)	$	88,444
Balance sheet:
Total assets⁽⁵⁾	$	1,917,701	$	4,474,374	$	6,392,075	$	(-	)	$	6,392,075
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	210,790	$	1,400	$	212,190	$	(-	)	$	212,190

	Six Months Ended June 30, 2021
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	327,232	$	95,762	$	422,994	$	(53,471	)	$	369,523
Cost of sales		200,122		-		200,122		(2,021	)		198,101
Vessel operating expenses		-		20,175		20,175		(4,775	)		15,400
Operations and maintenance		39,895		-		39,895		(5,079	)		34,816
Operating Margin	$	87,215	$	75,587	$	162,802	$	(41,596	)	$	121,206
Balance sheet:
Total assets⁽⁵⁾	$	1,917,701	$	4,474,374	$	6,392,075	$	(-	)	$	6,392,075
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	316,551	$	1,400	$	317,951	$	(-	)	$	317,951

	Three Months Ended June 30, 2020
	Terminals and Infrastructure⁽¹⁾⁽²⁾		Ships⁽²⁾⁽³⁾		Total Segment		Eliminations⁽⁴⁾			Consolidated
Statement of operations:
Total revenues	$	94,566	$	-	$	94,566	$	(-	)	$	94,566
Cost of sales		69,899		-		69,899		(-	)		69,899
Vessel operating expenses		-		-		-		(-	)		-
Operations and maintenance		9,500		-		9,500		(-	)		9,500
Operating Margin	$	15,167	$	-	$	15,167	$	(-	)	$	15,167
Balance sheet:
Total assets⁽⁵⁾	$	1,421,513	$	-	$	1,421,513	$	(-	)	$	1,421,513
Other segmental financial information:
Capital expenditures⁽⁵⁾	$	16,241		-	$	16,241	$	(-	)	$	16,241

	Six Months Ended June 30, 2020
	Terminals and Infrastructure⁽¹⁾		Ships⁽²⁾		Total Segment		Eliminations⁽³⁾			Consolidated
Statement of operations:
Total revenues	$	169,096	$	-	$	169,096	$	(-	)	$	169,096
Cost of sales		138,115		-		138,115		(-	)		138,115
Vessel operating expenses		-		-		-		(-	)		-
Operations and maintenance		17,983		-		17,983		(-	)		17,983
Operating Margin	$	12,998	$	-	$	12,998	$	(-	)	$	12,998
Balance sheet:
Total assets⁽⁴⁾	$	1,421,513	$	-	$	1,421,513	$	(-	)	$	1,421,513
Other segmental financial information:
Capital expenditures⁽⁴⁾⁽⁵⁾	$	80,541	$	-	$	80,541	$	(-	)	$	80,451

⁽³⁾ Eliminations reverse the inclusion of the effective share of revenues, expenses and operating margin attributable to 50% ownership of CELSEPAR and Hilli Common Units in our segment measure.

⁽⁵⁾ Capital expenditures includes amounts capitalized to construction in progress and additions to property, plant and equipment during the period.

Reconciliation of Net Loss to Consolidated Operating Margin

The following table reconciles Net loss, our most comparable GAAP measure, to Consolidated Operating Margin:

	Three Months Ended June 30,						Six Months Ended June 30,
	2021			2020			2021			2020
Net loss	$	(1,734	)	$	(166,519	)	$	(41,243	)	$	(226,574	)
Add:
Selling, general and administrative		44,536			31,846			78,152			60,216
Transaction and integration costs		29,152			-			40,716			-
Contract termination charges and loss on mitigation sales		-			123,906			-			124,114
Depreciation and amortization		26,997			7,620			36,886			12,874
Interest expense		31,482			17,198			50,162			31,088
Other (income) expense, net		(7,457	)		999			(8,058	)		1,610
Loss on extinguishment of debt, net		-			-			-			9,557
Tax provision		4,409			117			3,532			113
(Income) loss from equity method investments		(38,941	)		-			(38,941	)		-
Consolidated Operating Margin	$	88,444		$	15,167		$	121,206		$	12,998

Organization (Details) $ / shares in Units, $ in Thousands		6 Months Ended
Organization (Details) $ / shares in Units, $ in Thousands	Apr. 15, 2021 USD ($) Terminal Fleet Carrier $ / shares shares	Jun. 30, 2021 USD ($) Carrier Segment	Jun. 30, 2020 USD ($)
Business Combination, Description [Abstract]
Cash consideration at date of merger		$ 1,586,042	$ 0
Number of operating FSRU terminals acquired \| Terminal	1
Number of other FSRU terminals in development acquired \| Terminal	2
Number of other FSRU fleet acquired \| Fleet	6
Number of LNG carriers acquired \| Carrier	6	6
Number of operating segments \| Segment		2
Hygo Merger Agreement [Member]
Business Combination, Description [Abstract]
Cash consideration at date of merger	$ 580,000
Number of common stock, shares issued upon merger transaction (in shares) \| shares	1,400,784
Hygo Merger Agreement [Member] \| Class A Common Stock [Member]
Business Combination, Description [Abstract]
Number of common stock, shares issued upon merger transaction (in shares) \| shares	31,372,549
GMLP Merger Agreement [Member]
Business Combination, Description [Abstract]
Cash consideration at date of merger	$ 251,329
Purchase price (in dollars per share) \| $ / shares	$ 3.55
Outstanding membership interests amount	$ 251,000
Sergipe Facility [Member]
Business Combination, Description [Abstract]
Percentage of interest acquired in power plant	50.00%

Significant accounting policies (Details)	6 Months Ended
Significant accounting policies (Details)	Jun. 30, 2021 Carrier Obligation
Revenue recognition [Abstract]
Number of performance obligations \| Obligation	1
Number of LNG carriers participating in collaborative arrangement \| Carrier	2
Property, Plant and Equipment, Net [Abstract]
Anticipated drydocking period	5 years
Vessels [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	5 years
Vessels [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	30 years
Terminal and Power Plant Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	4 years
Terminal and Power Plant Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	24 years
CHP Facilities [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	4 years
CHP Facilities [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	20 years
Gas Terminals [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	5 years
Gas Terminals [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	24 years
ISO Containers and Associated Equipment [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	3 years
ISO Containers and Associated Equipment [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	25 years
LNG Liquefaction Facilities [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	20 years
LNG Liquefaction Facilities [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	40 years
Gas Pipelines [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	4 years
Gas Pipelines [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	24 years
Leasehold Improvements [Member] \| Minimum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	2 years
Leasehold Improvements [Member] \| Maximum [Member]
Property, Plant and Equipment, Net [Abstract]
Estimated economic life	20 years

Acquisitions, Hygo Merger (Details) $ in Thousands		3 Months Ended	6 Months Ended
Acquisitions, Hygo Merger (Details) $ in Thousands	Apr. 15, 2021 USD ($) shares	Jun. 30, 2021 USD ($)	Jun. 30, 2021 USD ($) Project	Jun. 30, 2020 USD ($)
Value of Consideration [Abstract]
Total cash consideration			$ 1,586,042	$ 0
Liabilities Assumed [Abstract]
Fair value of receivables		$ 10,520	$ 10,520
Hygo Merger [Member]
Business Combination, Description [Abstract]
Number of gas-to-power projects \| Project			3
Value of Consideration [Abstract]
Total cash consideration	$ 580,000
Total non-cash consideration (in shares) \| shares	1,400,784
Total Consideration	$ 1,980,784
Assets Acquired [Abstract]
Cash and cash equivalents	26,641
Restricted cash	48,183
Accounts receivable	5,126
Inventory	1,022
Other current assets	8,095
Assets under development	128,625
Property, plant and equipment, net	385,389
Intangible assets, net	44,702
Equity method investments	805,391
Finance leases, net	601,000
Deferred tax assets, net	1,065
Other non-current assets	52,996
Total assets acquired	2,108,235
Liabilities Assumed [Abstract]
Current portion of long-term debt	38,712
Accounts payable	3,059
Accrued liabilities	39,149
Other current liabilities	13,495
Long-term debt	455,165
Deferred tax liabilities, net	241,177
Other non-current liabilities	21,520
Total liabilities assumed	812,277
Non-controlling interest	62,111
Net assets acquired	1,233,847
Goodwill	746,937
Fair value of receivables	$ 8,009
Revenue from acquisition date		17,812
Net income (loss) from acquisition date		$ 36,977
Hygo Merger [Member] \| Class A Common Stock [Member]
Value of Consideration [Abstract]
Total non-cash consideration (in shares) \| shares	31,372,549
Hygo Merger [Member] \| Preferred Shares [Member]
Value of Consideration [Abstract]
Total cash consideration	$ 180,000
Hygo Merger [Member] \| Common Shares [Member]
Value of Consideration [Abstract]
Total cash consideration	$ 400,000
Total non-cash consideration (in shares) \| shares	1,400,784
Hygo Merger [Member] \| GLNG [Member]
Business Combination, Description [Abstract]
Percentage of voting interest acquired	50.00%
Hygo Merger [Member] \| Stonepeak [Member]
Business Combination, Description [Abstract]
Percentage of voting interest acquired	50.00%

Acquisitions, GMLP Merger (Details) - USD ($) $ / shares in Units, $ in Thousands		3 Months Ended			6 Months Ended		12 Months Ended
	Apr. 15, 2021	Jun. 30, 2021	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Consideration Transferred [Abstract]
Cash Consideration					$ 1,586,042	$ 0
Liabilities Assumed [Abstract]
Fair value of receivables		$ 10,520	$ 10,520		$ 10,520
Weighted average amortization period					15 years 6 months		37 years 6 months
Loss related to settlement of indemnification provision		(29,152)		$ 0	$ (40,716)	$ 0
GMLP Merger [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 251,329
GMLP debt repaid in acquisition	899,792
Total cash consideration	1,151,121
Cash settlement of preexisting relationship	(3,978)
Total Consideration	$ 1,147,143
Share price (in dollars per share)	$ 3.55
Assets Acquired [Abstract]
Cash and cash equivalents	$ 41,461
Restricted cash	24,816
Accounts receivable	3,195
Inventory	2,151
Other current assets	2,789
Equity method investments	356,000
Property, plant and equipment, net	1,063,215
Intangible assets, net	120,000
Deferred tax assets, net	963
Other non-current assets	4,400
Total assets acquired	1,618,990
Liabilities Assumed [Abstract]
Current portion of long-term debt	185,681
Accounts payable	3,019
Accrued liabilities	17,226
Other current liabilities	73,774
Deferred tax liabilities, net	16,008
Other non-current liabilities	10,630
Total liabilities assumed	306,338
Non-controlling interest	167,174
Net assets acquired	1,145,478
Goodwill	1,665
Fair value of receivables	4,797
Weighted average amortization period					3 years
Loss related to settlement of indemnification provision		(3,978)
Acquisition related costs		$ 21,909			$ 33,472
Revenue from acquisition date			56,802
Net income (loss) from acquisition date			$ 39,267
GMLP Merger [Member] \| Favorable Leases [Member]
Liabilities Assumed [Abstract]
Intangible assets acquired	120,000
Weighted average amortization period					3 years
GMLP Merger [Member] \| Unfavorable Leases [Member]
Liabilities Assumed [Abstract]
Intangible assets acquired	13,400
Weighted average amortization period					1 year
GMLP Merger [Member] \| Common Units [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 246,021
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	69,301,636
GMLP Merger [Member] \| General Partner Interest [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 5,099
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	1,436,391
GMLP Merger [Member] \| Partnership Phantom Units [Member]
Consideration Transferred [Abstract]
Cash Consideration	$ 209
Share price (in dollars per share)	$ 3.55
Number of shares exchange in business combination (in shares)	58,960

Acquisitions, Unaudited Pro Forma Financial Information (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Summary of Unaudited Pro Forma Condensed Financial Information [Abstract]
Revenue	$ 239,554	$ 188,149	$ 474,990	$ 342,274
Net income (loss)	4,438	(150,337)	(48,746)	(297,267)
Net income (loss) attributable to stockholders	3,904	(125,983)	(46,146)	(226,343)
Nonrecurring Adjustments [Abstract]
Net income	(6,044)	(137,425)	(43,947)	(145,723)
Acquisition-related Costs [Member]
Nonrecurring Adjustments [Abstract]
Net income	$ 25,887	$ 0	$ 37,450	$ (37,450)

The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.

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Operating right-of-use assets

Acquisitions, Asset Acquisitions (Details) - USD ($) $ in Thousands			3 Months Ended	6 Months Ended
	Mar. 11, 2021	Jan. 12, 2021	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Asset Acquisition [Abstract]
Goodwill			$ 748,602	$ 748,602	$ 0
CH4 Energia Ltda. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired		100.00%
Cash consideration at date of merger		$ 903
Maximum future payments contingent on achieving certain construction milestones		3,600
Fair value of contingent payments		3,047
Change in fair value of derivative liability			53	53
Goodwill		0
Acquisition related costs		295
Total purchase consideration		5,776
Deferred tax liability recognized on acquisition		$ 1,531
Pecem Energia S.A. and Energetica Camacari Muricy II S.A. [Member]
Asset Acquisition [Abstract]
Term of power purchase agreements	15 years
Cash consideration at date of merger	$ 8,041
Maximum future payments contingent on achieving certain construction milestones	10,500
Fair value of contingent payments	7,473
Maximum future payments payable to shareholders	4,600
Change in fair value of derivative liability			$ 416	$ 416
Goodwill	0
Acquisition related costs	1,275
Total purchase consideration	$ 16,585
Pecem Energia S.A. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired	100.00%
Energetica Camacari Muricy II S.A. [Member]
Asset Acquisition [Abstract]
Percentage of outstanding shares acquired	100.00%

VIEs, Lessor VIEs (Details)	6 Months Ended
VIEs, Lessor VIEs (Details)	Jun. 30, 2021 Vessel
Lessor VIEs [Abstract]
Number of vessels leased	4
China Merchants Bank Lending [Member] \| Eskimo [Member]
Lessor VIEs [Abstract]
Term of charter contract	10 years
Lease period to repurchase vessel	10 years
CCB Financial Leasing Corporation Limited [Member] \| Nanook [Member]
Lessor VIEs [Abstract]
Term of charter contract	12 years
Lease period to repurchase vessel	12 years
Oriental Shipping Company [Member] \| Penguin [Member]
Lessor VIEs [Abstract]
Term of charter contract	6 years
Lease period to repurchase vessel	6 years
AVIC International Leasing Company Limited [Member] \| Celsius [Member]
Lessor VIEs [Abstract]
Term of charter contract	7 years
Lease period to repurchase vessel	7 years

VIEs, Summary of Sale and Leaseback Arrangements (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Eskimo [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Nov. 30, 2025
Date of next repurchase option	Nov. 30, 2021
Repurchase price at next repurchase option date	$ 189,100
Repurchase obligation at end of lease term	$ 128,250
Nanook [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Sep. 30, 2030
Date of next repurchase option	Sep. 30, 2021
Repurchase price at next repurchase option date	$ 205,133
Repurchase obligation at end of lease term	$ 94,179
Penguin [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Dec. 31, 2025
Date of next repurchase option	Dec. 31, 2021
Repurchase price at next repurchase option date	$ 92,761
Repurchase obligation at end of lease term	$ 63,040
Celsius [Member]
Sale and Leaseback Arrangements [Abstract]
End of lease term	Mar. 31, 2027
Date of next repurchase option	Mar. 31, 2022
Repurchase price at next repurchase option date	$ 98,290
Repurchase obligation at end of lease term	$ 45,000

VIEs, Summary of Payment Obligations (Details) $ in Thousands	Jun. 30, 2021 USD ($)
Eskimo [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
Remaining 2021	$ 8,164
2022	0
2023	0
2024	0
2025	0
2026+	0
Nanook [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
Remaining 2021	10,833
2022	21,207
2023	20,631
2024	20,078
2025	19,478
2026+	84,673
Penguin [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
Remaining 2021	5,901
2022	11,581
2023	11,247
2024	10,894
2025	7,956
2026+	0
Celsius [Member]
Payment Obligations, Fiscal Year Maturity [Abstract]
Remaining 2021	7,930
2022	15,444
2023	14,908
2024	14,383
2025	13,836
2026+	$ 12,699

VIEs, Assets and Liabilities of Lessor VIEs (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Assets [Abstract]
Restricted cash	$ 29,827	$ 15,000
Liabilities [Abstract]
Long-term debt - current portion	204,551	0
Long-term debt - non-current portion	3,326,303	$ 1,239,561
Reduction of interest expenses after merger	6,635
Amortization of premium	9,707
Reduction of interest expenses	3,072
Net cash used in financing activities after merger	15,823
Eskimo [Member]
Assets [Abstract]
Restricted cash	0
Liabilities [Abstract]
Long-term debt - current portion	172,452
Long-term debt - non-current portion	0
Nanook [Member]
Assets [Abstract]
Restricted cash	14,713
Liabilities [Abstract]
Long-term debt - current portion	0
Long-term debt - non-current portion	207,048
Penguin [Member]
Assets [Abstract]
Restricted cash	5,599
Liabilities [Abstract]
Long-term debt - current portion	14,652
Long-term debt - non-current portion	81,914
Celsius [Member]
Assets [Abstract]
Restricted cash	25,131
Liabilities [Abstract]
Long-term debt - current portion	5,942
Long-term debt - non-current portion	$ 118,631

VIEs, Other VIEs (Details) - Hilli LLC [Member] $ in Thousands	Jun. 30, 2021 USD ($)
Other VIEs [Abstract]
Ownership interest acquired	50.00%
Carrying value of the equity method investment	$ 359,107

Revenue recognition (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
Revenue recognition (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Revenue recognition [Abstract]
Receivables, revenue from contracts with customers	$ 98,201		$ 98,201		$ 76,431
Current expected credit losses	90		90		98
Disaggregation of Revenue [Abstract]
Other revenues	56,442	$ 18,389	110,930	$ 29,417
Contract with Customer, Asset and Liability [Abstract]
Contract assets, net - current	6,354		6,354		3,673
Contract assets, net - non-current	32,353		32,353		23,972
Total contract assets, net	38,707		38,707		27,645
Contract liabilities	5,530		5,530		8,399
Revenue recognized in the year from [Abstract]
Amounts included in contract liabilities at the beginning of the year			3,283		6,542
Contract assets net of current expected credit losses	521		521		372
Unbilled receivables net of current expected credit losses	6,640		6,640
Unbilled receivables included in other current assets	356		356
Unbilled receivables included in other non-current asset	6,284		6,284
Capitalized Contract Cost [Abstract]
Capitalized contract costs	11,283		11,283		11,276
Other current assets	604		604		588
Other noncurrent assets	10,679		10,679		$ 10,688
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	10,582,799		10,582,799
Development Services [Member]
Disaggregation of Revenue [Abstract]
Other revenues	46,589	17,495	100,660	27,566
Development Services [Member] \| Natural Gas Used In Commissioning [Member]
Disaggregation of Revenue [Abstract]
Other revenues	43,771		89,390
Interest Income and Other Revenue [Member]
Disaggregation of Revenue [Abstract]
Other revenues	9,853	$ 894	10,270	$ 1,851
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2021-07-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 215,722		$ 215,722
Remaining performance obligation, expected timing of satisfaction, period	6 months		6 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2022-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 514,566		$ 514,566
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 515,175		$ 515,175
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 510,664		$ 510,664
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 503,493		$ 503,493
Remaining performance obligation, expected timing of satisfaction, period	1 year		1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01
Revenue, Performance Obligation Satisfied over Time [Abstract]
Remaining performance obligation	$ 8,323,179		$ 8,323,179
Remaining performance obligation, expected timing of satisfaction, period

Revenue recognition, Lessor Arrangements, Property, Plant and Equipment and Lease Income (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment Subjected to Operating Lease [Abstract]
Total property, plant and equipment, net	$ 2,038,738		$ 2,038,738		$ 614,206
Components of lease income [Abstract]
Recognized interest income	9,681		9,681
Vessel charter revenue recognized	64,561	$ 0	64,561	$ 0
Receivables, net	121,962		121,962		76,544
Due from affiliates, current	2,797		2,797		1,881
CELSE [Member]
Components of lease income [Abstract]
Vessel charter revenue recognized	1,165		1,165
Outstanding balances due from affiliates	7,965		7,965
Receivables, net	5,822		5,822
Due from affiliates, current	2,143		2,143
Lessor [Member]
Property, Plant and Equipment Subjected to Operating Lease [Abstract]
Property, plant and equipment	1,268,716		1,268,716		18,394
Accumulated depreciation	(9,093)		(9,093)		(932)
Total property, plant and equipment, net	$ 1,259,623		1,259,623		$ 17,462
Components of lease income [Abstract]
Operating lease income			62,026
Variable lease income			1,370
Total operating lease income			$ 63,396

Revenue recognition, Lessor Arrangements, Future Lease Payments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Sales-type and Direct Financing Leases, Lease Receivable, Fiscal Year Maturity [Abstract]
Remainder of 2021	$ 24,956
2022	49,951
2023	50,616
2024	51,442
2025	51,876
Thereafter	1,102,841
Total minimum lease receivable	1,331,682
Unguaranteed residual value	107,000
Gross investment in sales-type lease	1,438,682
Less: Unearned interest income	827,687
Less: Current expected credit losses	1,550
Net investment in leased vessel	609,445
Current portion of net investment in leased asset	3,337
Non-current portion of net investment in leased asset	606,108	$ 7,044
Operating lease, payments, fiscal year maturity [Abstract]
Reminder of 2021	143,806
2022	245,023
2023	144,016
2024	103,461
2025	25,961
Thereafter	0
Total	$ 662,267

Leases, as lessee, Right-of-use assets, Current Lease Liabilities and Non-Current Lease Liabilities (Details) - USD ($)
$ in Thousands

Jun. 30, 2021

Dec. 31, 2020

Assets [Abstract]

$ 130,534

$ 141,347

Finance right-of-use assets

^[1]

8,602

Right-of-use assets

139,136

141,347

Current lease liabilities [Abstract]

Operating lease liabilities

28,811

35,481

Finance lease liabilities

1,266

Current lease liabilities

30,077

35,481

Non-current lease liabilities [Abstract]

Operating lease liabilities

84,000

84,323

Finance lease liabilities

5,673

Non-current lease liabilities

89,673

$ 84,323

Finance lease right-of-use assets, net of accumulated amortization

$ 61

[1]	Finance lease right-of-use assets are recorded net of accumulated amortization of $61 as of June 30, 2021.

Leases, as lessee, Components of Operating Lease Costs (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Operating lease cost [Abstract]
Fixed lease cost	$ 9,036	$ 6,596	$ 20,781	$ 16,863
Variable lease cost	503	74	1,196	713
Short-term lease cost	1,507	330	2,229	616
Lease cost - Cost of sales	8,993	6,109	20,029	15,460
Lease cost - Operations and maintenance	549	440	1,106	828
Lease cost - Selling, general and administrative	1,504	$ 451	3,071	$ 1,904
Capitalized lease cost	2,313		3,512
Interest expense related to finance leases	50		50
Amortization of right-of-use asset related to finance leases	$ 61		$ 61

Leases, as lessee, Supplemental Cash Flow Information (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020
Supplemental cash flow information related to leases [Abstract]
Operating cash outflows for operating lease liabilities	$ 18,354	$ 23,257
Financing cash outflows for financing lease liabilities	654	0
Right-of-use assets obtained in exchange for new operating lease liabilities	3,706	128,592
Right-of-use assets obtained in exchange for new financing lease liabilities	$ 8,663	$ 0

Leases, as lessee, Future Payments Due under Operating and Finance Leases (Details) - USD ($) $ in Thousands	6 Months Ended
	Jun. 30, 2021	Dec. 31, 2020
Operating Leases [Abstract]
Due remainder of 2021	$ 17,906
2022	33,276
2023	26,604
2024	20,234
2025	11,810
Thereafter	55,156
Total lease payments	164,986
Less: effects of discounting	52,175
Present value of lease liabilities	112,811
Current lease liability	28,811	$ 35,481
Non-current lease liability	$ 84,000	84,323
Weighted-average remaining lease term, operating lease	7 years 9 months 18 days
Weighted average discount rate, , operating lease	8.40%
Noncancelable term for ISO tanks	5 years
Fixed payments for lease components	$ 16,000
Finance Leases [Abstract]
Due remainder of 2021	844
2022	1,395
2023	1,465
2024	1,484
2025	1,484
Thereafter	1,640
Total lease payments	8,312
Less: effects of discounting	1,373
Present value of lease liabilities	6,939
Current lease liability	1,266	0
Non-current lease liability	$ 5,673	$ 0
Weighted-average remaining lease term, finance lease	6 years 3 months 18 days
Weighted-average discount rate, finance lease	5.30%

Financial instruments, Interest Rate and Currency Risk Management (Details)	6 Months Ended
	Jun. 30, 2021 USD ($)	Jun. 30, 2021 BRL (R$)
Interest Rate Swap [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount \| $	$ 372,750,000
Maturity dates	Mar. 31, 2026
Fixed interest rate	2.86%	2.86%
Cross Currency Interest Rate Swap [Member]
Derivative, Fair Value, Net [Abstract]
Notional amount \| R$		R$ 255,600,132
Maturity dates	Sep. 30, 2024
Fixed interest rate	5.90%	5.90%
Forward foreign exchange rate	5.424	5.424

Financial instruments, Fair Value (Details) - USD ($)
$ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2021

Jun. 30, 2020

Jun. 30, 2021

Jun. 30, 2020

Dec. 31, 2020

$ 87,180

$ 27,814

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Deferred financing costs

32,880

10,439

Asset acquisition

10,520

Derivative liability/Equity agreement - Fair value adjustment - (Gain) loss

(288)

$ 1,323

(713)

$ (294)

Collateral for interest rate swaps

12,500

Interest Rate Swap [Member]

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Fair value adjustment (gain)

(346)

Cross Currency Interest Rate Swap [Member]

Fair Value Adjustment and Currency Translation Adjustment [Abstract]

Fair value adjustment (gain)

(6,014)

$ 0

(6,014)

$ 0

Level 1 [Member] | Market Approach [Member] | Carrying Value [Member]

Cash and cash equivalents

143,138

601,522

87,180

27,814

Level 1 [Member] | Market Approach [Member] | Fair Value [Member]

245

256

Cash and cash equivalents

143,138

601,522

87,180

27,814

Level 2 [Member] | Market Approach [Member] | Carrying Value [Member]

245

256

Level 2 [Member] | Market Approach [Member] | Fair Value [Member]

Long-term debt

^[1]

3,563,734

1,250,000

Level 2 [Member] | Income Approach [Member] | Carrying Value [Member] | Cross Currency Interest Rate Swap [Member]

Long-term debt

^[1]

3,626,972

1,327,488

Cross currency interest rate swap asset

^[2],[3]

2,135

Interest rate swap liability

^[2],[3]

28,474

Level 2 [Member] | Income Approach [Member] | Fair Value [Member] | Cross Currency Interest Rate Swap [Member]

Cross currency interest rate swap asset

^[2],[3]

2,135

Interest rate swap liability

^[2],[3]

28,474

Level 3 [Member] | Market Approach [Member] | Carrying Value [Member]

Level 3 [Member] | Market Approach [Member] | Fair Value [Member]

1,849

1,000

Level 3 [Member] | Income Approach [Member] | Carrying Value [Member]

1,849

1,000

Level 3 [Member] | Income Approach [Member] | Fair Value [Member]

Derivative liability

^[4],[5]

31,923

10,716

Equity agreement

^[5],[6]

20,430

22,768

Derivative liability

^[4],[5]

31,923

10,716

Equity agreement

^[5],[6]

$ 20,430

$ 22,768

[1]	Long-term debt is recorded at amortized cost on the condensed consolidated balance sheets, and is presented in the above table gross of deferred financing costs of $32,880 and $10,439 as of June 30, 2021 and December 31, 2020, respectively.
[2]	Cross currency interest rate swap asset is presented within Prepaid expenses and other current assets and interest rate swap liability is presented within Other current liabilities on the condensed consolidated balance sheets.
[3]	The fair value of certain derivative instruments, including interest rate swaps, is estimated considering current interest rates, foreign exchange rates, closing quoted market prices and the creditworthiness of counterparties.
[4]	Consideration due to the sellers in assets acquistions when certain contingent events occur. The liability associated with the derivative liabilities is recorded within Other long-term liabilities on the condensed consolidated balance sheets.
[5]	The Company estimates fair value of the derivative liability and equity agreement using a discounted cash flows method with discount rates based on the average yield curve for bonds with similar credit ratings and matching terms to the discount periods as well as a probability of the contingent event occurring.
[6]	To be paid at the earlier of agreed-upon date or the date on which the valid planning permission is received for the facility in development in Shannon, Ireland. The liability associated with the equity agreement is recorded within Other current liabilities on the condensed consolidated balance sheets.

Restricted cash (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Restricted cash [Abstract]
Cash held by lessor VIEs	$ 45,443	$ 0
Collateral for interest rate swaps	12,500	0
Collateral for performance under customer agreements	15,000	15,000
Collateral for LNG purchases	0	11,664
Collateral for letters of credit and performance bonds	13,231	900
Other restricted cash	1,006	250
Total restricted cash	87,180	27,814
Current restricted cash	57,353	12,814
Non-current restricted cash	29,827	$ 15,000
Minimum [Member]
Restricted Cash [Abstract]
Cash balance required to maintain as financial covenants for sale and leaseback financings	$ 30,000

Inventory (Details) - USD ($) $ in Thousands	6 Months Ended
Inventory (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Inventory [Abstract]
LNG and natural gas inventory	$ 47,637		$ 13,986
Automotive diesel oil inventory	4,751		3,986
Bunker fuel, materials, supplies and other	9,103		4,888
Total inventory	61,491		$ 22,860
Inventory adjustments	$ 0	$ 0

Prepaid expenses and other current assets (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Prepaid expenses and other current assets [Abstract]
Prepaid LNG	$ 24,568	$ 11,987
Prepaid expenses	7,268	4,941
Due from affiliates	2,797	1,881
Other current assets	57,377	29,461
Total prepaid expenses and other current assets, net	$ 92,010	$ 48,270

Equity method investments, Changes in Equity Method Investments (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Equity Method Investments [Roll Forward]
Beginning balance			$ 0
Acquisition of equity method investments in the Mergers			1,161,391
Dividend			(7,386)
Equity in earnings / losses of investees	$ 38,941	$ 0	38,941	$ 0
Foreign currency translation adjustment			119,126
Ending balance	$ 1,312,072		$ 1,312,072
CELSEPAR [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%		50.00%
Equity Method Investments [Roll Forward]
Ending balance	$ 952,965		$ 952,965
Hilli LLC [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%		50.00%
Equity Method Investments [Roll Forward]
Ending balance	$ 359,107		$ 359,107

Equity method investments, Carrying Amount of Equity Method Investments (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	$ 1,312,072	$ 0
Equity method investments, difference amount of proportionate share of investees	939,551
CELSEPAR [Member]
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	952,965
Hilli LLC [Member]
Carrying Amount of Equity Method Investments [Abstract]
Carrying amount of equity method investments	$ 359,107

Equity method investments, CELSEPAR (Details) - CELSEPAR [Member]	Jun. 30, 2021
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%
Ebrasil [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%
CELSE [Member]
Equity Method Investments [Abstract]
Equity method ownership percentage	100.00%

Equity method investments, Hilli LLC (Details) - Hilli LLC [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($) Class Payment
Equity Method Investments [Abstract]
Equity method ownership percentage	50.00%
Number of classes of ownership units \| Class	3
Period of liquefaction tolling agreement	8 years
Period of distributions after end of each quarter	60 days
Limit of increase in brent crude price per barrel to calculate Series A distributions	$ 60
Percentage of Series B distributions in revenues less expenses	95.00%
Percentage of revenues less expenses received	5.00%
Percentage of reimbursements to other investors	50.00%
Percentage reimbursement by other investors	50.00%
Operating expense reimbursements included in distributions	$ 0
Postconstruction financing amount	$ 960,000
Number of consecutive equal quarterly repayments \| Payment	40
Percentage of repayments in construction cost	1.375%
LIBOR [Member]
Equity Method Investments [Abstract]
Interest rate	4.15%
Fortune Lianjiang Shipping S.A [Member]
Equity Method Investments [Abstract]
Period of bareboat charter agreement	10 years
Maximum [Member]
Equity Method Investments [Abstract]
Percentage of production capacity	50.00%
Percentage of production capacity available	50.00%
Operating expenses and withholding taxes annual threshold	$ 20,000

Construction in progress (Details) - USD ($) $ in Thousands	6 Months Ended
Construction in progress (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020
Construction in Progress [Roll Forward]
Balance at beginning of period	$ 234,037
Acquisition of construction in progress from business combinations	128,625
Additions	315,970
Impact of change in FX rates	17,172
Transferred to property, plant and equipment, net or finance leases	(3,059)
Balance at end of period	692,745
Interest costs capitalized	$ 9,310	$ 17,902

Property, plant and equipment, net (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Property, Plant and Equipment, Net [Abstract]
Accumulated depreciation	$ (93,135)		$ (93,135)		$ (62,475)
Total property, plant and equipment, net	2,038,738		2,038,738		614,206
Depreciation	21,299	$ 7,539	31,141	$ 12,750
Capitalized drydocking costs			680
Cost of Sales [Member]
Property, Plant and Equipment, Net [Abstract]
Depreciation	307	$ 223	576	$ 450
Vessels [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	1,435,623		1,435,623		0
Terminal and Power Plant Equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	189,421		189,421		188,855
CHP Facilities [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	122,776		122,776		119,723
Gas Terminals [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	120,810		120,810		120,810
ISO Containers and Other Equipment [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	115,176		115,176		100,137
LNG Liquefaction Facilities [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	63,213		63,213		63,213
Gas Pipelines [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	58,987		58,987		58,974
Land [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	16,734		16,734		16,246
Leasehold Improvements [Member]
Property, Plant and Equipment, Net [Abstract]
Property, plant and equipment, gross	$ 9,133		$ 9,133		$ 8,723

Intangible assets (Details) - USD ($) $ in Thousands	3 Months Ended			6 Months Ended		12 Months Ended
Intangible assets (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Mar. 31, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Accumulated Amortization	$ (12,043)			$ (12,043)		$ (2,628)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment				5,458		3,539
Total Intangible Assets, Gross Carrying Amount	232,253			232,253		45,191
Total Intangible Assets, Net Carrying Amount	225,668			$ 225,668		$ 46,102
Weighted average remaining amortization period for intangible assets				15 years 6 months		37 years 6 months
Amortization expense	5,925		$ 282	$ 6,220	$ 552
CH4 Energia Ltda. [Member]
Intangible Assets, Net [Abstract]
Asset acquisition		$ 5,776
Pecem Energia S.A. and Energetica Camacari Muricy II S.A. [Member]
Intangible Assets, Net [Abstract]
Asset acquisition		$ 16,585
Easements [Member]
Intangible Assets, Net [Abstract]
Indefinite-Lived Intangible Assets, Carrying Amount	1,191			1,191		$ 1,191
Indefinite-lived Intangible Assets, Foreign Currency Translation Adjustment				45		83
Indefinite Lived Intangible Assets, Net Carrying Amount	1,236			1,236		1,274
Favorable Vessel Charter Contracts [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount	120,000			120,000
Definite-Lived Intangible Assets, Accumulated Amortization	(8,625)			(8,625)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment				0
Definite-Lived Intangible Assets, Net Carrying Amount	111,375			$ 111,375
Definite-Lived Intangible Assets, Weighted Average Life				3 years
Permits and Development Rights [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount	92,918			$ 92,918
Definite-Lived Intangible Assets, Accumulated Amortization	(3,202)			(3,202)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment				(3,720)
Definite-Lived Intangible Assets, Net Carrying Amount	85,996			$ 85,996
Definite-Lived Intangible Assets, Weighted Average Life				32 years
Asset acquisition				$ 44,702
Permits [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount						42,441
Definite-Lived Intangible Assets, Accumulated Amortization						(2,438)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment						3,456
Definite-Lived Intangible Assets, Net Carrying Amount						$ 43,459
Definite-Lived Intangible Assets, Weighted Average Life						40 years
Acquired Power Purchase Agreements [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount	16,585			16,585
Definite-Lived Intangible Assets, Accumulated Amortization	0			0
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment				9,133
Definite-Lived Intangible Assets, Net Carrying Amount	25,718			$ 25,718
Definite-Lived Intangible Assets, Weighted Average Life				17 years
Easements [Member]
Intangible Assets, Net [Abstract]
Definite-Lived Intangible Assets, Gross Carrying Amount	1,559			$ 1,559		$ 1,559
Definite-Lived Intangible Assets, Accumulated Amortization	(216)			(216)		(190)
Definite Lived Intangible Assets, Foreign Currency Translation Adjustment				0		0
Definite-Lived Intangible Assets, Net Carrying Amount	$ 1,343			$ 1,343		$ 1,369
Definite-Lived Intangible Assets, Weighted Average Life				30 years		30 years

Other non-current assets (Details) $ in Thousands	6 Months Ended
Other non-current assets (Details) $ in Thousands	Jun. 30, 2021 USD ($) SalesContract	Mar. 31, 2021 USD ($)	Dec. 31, 2020 USD ($)
Other non-current assets [Abstract]
Nonrefundable deposit	$ 30,441		$ 28,509
Contract asset, net (Note 6)	32,353		23,972
Cost to fulfill (Note 6)	10,679		10,688
Unbilled receivables, net (Note 6)	6,284		6,462
Upfront payments to customers	10,390		6,330
Other	26,857		10,069
Total other non-current assets, net	$ 117,004		86,030
Number of sales contracts \| SalesContract	2
SAFE [Member]
Other Assets, Noncurrent [Abstract]
Investment in equity securities		$ 750	$ 1,000

Accrued liabilities (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Accrued liabilities [Abstract]
Accrued development costs	$ 50,957	$ 16,631
Accrued interest	55,253	27,938
Accrued consideration in asset acquisitions	18,660	0
Accrued bonuses	12,067	17,344
Accrued vessel operating and drydocking expenses	4,575	0
Other accrued expenses	51,211	28,439
Total accrued liabilities	$ 192,723	$ 90,352

Debt (Details) - USD ($) $ in Thousands	6 Months Ended
Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 2,930,215	$ 1,239,561
Debt	3,530,854	1,239,561
Current portion of long-term debt	204,551	0
Non-current portion of debt	3,326,303	1,239,561
Revolving Facility [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	152,500	0
Senior Secured Notes, due September 15, 2025 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 1,240,173	1,239,561
Maturity date	Sep. 15, 2025
Senior Secured Notes, due September 30, 2026 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 1,476,947	0
Maturity date	Sep. 30, 2026
Debenture Loan, due 2024 [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt (excluding lessor VIE loans)	$ 60,595	0
Maturity date	Sep. 30, 2024
Golar Eskimo SPV facility, due 2025 [Member] \| CMBL [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 172,452	0
Maturity date	Nov. 30, 2025
Golar Nanook SPV facility, due 2030 [Member] \| CCBFL VIE [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 207,045	0
Maturity date	Sep. 30, 2030
Golar Penguin SPV facility, due 2025 [Member] \| COSCO VIE [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 96,566	0
Maturity date	Dec. 31, 2025
Golar Celsius SPV facility, due 2023/2027 [Member] \| AVIC VIE [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Debt	$ 124,576	$ 0
Maturity date	Mar. 31, 2023
Golar Celsius SPV facility, due 2023/2027 [Member] \| AVIC VIE [Member] \| Minimum [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Maturity date	Mar. 31, 2023
Golar Celsius SPV facility, due 2023/2027 [Member] \| AVIC VIE [Member] \| Maximum [Member]
Long-term Debt, Current and Noncurrent [Abstract]
Maturity date	Mar. 31, 2027

Debt, Outstanding Debt Repayable (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Dec. 31, 2020
Outstanding Debt Repayable [Abstract]
Due remainder of 2021	$ 174,725
2022	27,911
2023	76,978
2024	32,882
2025	1,264,824
Thereafter	1,949,977
Total debt	3,527,297
Add: fair value adjustments to assumed obligations	36,437
Less: deferred finance charges	(32,880)	$ (10,439)
Total debt, net deferred finance charges	$ 3,530,854	$ 1,239,561

Debt, 2025 Senior Secured Notes (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
	Dec. 17, 2020	Sep. 30, 2020	Jun. 30, 2021	Dec. 31, 2020	Sep. 02, 2020
Senior Secured Notes [Abstract]
Remaining unamortized deferred financing costs			$ 32,880	$ 10,439
2025 Senior Secured Notes [Member]
Senior Secured Notes [Abstract]
Debt instrument, issued	$ 250,000				$ 1,000,000
Fixed interest rate					6.75%
Frequency of payments			semi-annually
Maturity date			Sep. 15, 2025
Fees incurred					$ 17,937
Reduction in principal balance			$ 13,909
Remaining unamortized deferred financing costs			$ 9,827	$ 10,439	$ 6,501
Third party fees		$ 4,028
Proceeds from premium on issuance of secured debt	13,125
Additional financing costs incurred	$ 4,566

Debt, 2026 Senior Secured Notes (Details) - USD ($) $ in Thousands		6 Months Ended
	Apr. 12, 2021	Jun. 30, 2021	Dec. 31, 2020
Senior Secured Notes [Abstract]
Remaining unamortized deferred financing costs		$ 32,880	$ 10,439
2026 Senior Secured Notes [Member]
Senior Secured Notes [Abstract]
Debt instrument, issued	$ 1,500,000
Fixed interest rate	6.50%
Issuance price percentage	100.00%
Frequency of payments		semi-annually
Maturity date		Sep. 30, 2026
Fees incurred	$ 24,335
Remaining unamortized deferred financing costs		$ 23,053

Debt, Revolving Facility (Details) - USD ($) $ in Thousands		3 Months Ended	6 Months Ended
Debt, Revolving Facility (Details) - USD ($) $ in Thousands	Apr. 15, 2021	Jun. 30, 2021	Jun. 30, 2021	Dec. 31, 2020
Revolving Facility [Abstract]
Remaining unamortized deferred financing costs		$ 32,880	$ 32,880	$ 10,439
Revolving Facility [Member]
Revolving Facility [Abstract]
Aggregate principal amount	$ 200,000
Letters of credit	100,000
Extended maturity period			1 year
Fees incurred	$ 3,685
Remaining unamortized deferred financing costs		3,548	$ 3,548
Drew amount		152,500
Remaining outstanding amount		$ 152,500	$ 152,500
Revolving Facility [Member] \| Interest Rate Floor [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	0.00%
Revolving Facility [Member] \| Minimum [Member]
Revolving Facility [Abstract]
Percentage of commitments usage under credit facility	50.00%
Revolving Facility [Member] \| Minimum [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	2.50%
Revolving Facility [Member] \| Maximum [Member]
Revolving Facility [Abstract]
Percentage of commitments usage under credit facility	50.00%
Revolving Facility [Member] \| Maximum [Member] \| LIBOR [Member]
Revolving Facility [Abstract]
Variable interest rate	2.75%

Debt, Debenture Loan (Details) - 6 months ended Jun. 30, 2021 - Debenture Loan [Member] $ in Thousands, R$ in Millions	USD ($)	BRL (R$)
Debenture Loan [Abstract]
Aggregate principal amount	$ 51,600	R$ 255.6
Maturity date	Sep. 30, 2024
Variable interest rate	2.65%
Fair value	$ 52,752
Frequency of payments	semi-annually
Guarantee percentage of shares issued	100.00%
Brazil Interbank Deposit Futures Rate [Member]
Debenture Loan [Abstract]
Term of variable rate	1 day

Debt, Lessor VIE Debt (Details) - USD ($) $ in Thousands	6 Months Ended
Debt, Lessor VIE Debt (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Apr. 15, 2021
Debt and Lease Restrictions [Abstract]
Minimum level of liquidity	$ 30,000
Consolidated net worth	$ 123,950
Minimum debt service coverage ratio	1.20
Maximum net debt to EBITDA ratio	6.5
Ratio of liabilities to total assets	0.70
Minimum [Member]
Debt and Lease Restrictions [Abstract]
Percentage of outstanding loan facility balances	110.00%
Maximum [Member]
Debt and Lease Restrictions [Abstract]
Percentage of outstanding loan facility balances	120.00%
Eskimo SPV Facility [Member] \| CMBL [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance	$ 160,520
Maturity period	10 years
Maturity date	Nov. 30, 2025
Fair value	$ 185,681
Eskimo SPV Facility [Member] \| CMBL [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate	2.66%
Nanook SPV Facility [Member] \| CCBFL [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance	$ 202,249
Maturity period	12 years
Maturity date	Sep. 30, 2030
Fixed interest rate	3.50%
Fair value	$ 207,169
Penguin SPV Facility [Member] \| COSCO [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance	$ 104,882
Maturity period	6 years
Maturity date	Dec. 31, 2025
Fair value	$ 107,018
Penguin SPV Facility [Member] \| COSCO [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate	1.70%
Celsius SPV Facility [Member] \| AVIC [Member]
Lessor VIE Debt [Abstract]
Outstanding principal balance	$ 76,179	$ 121,379
Maturity period	7 years
Balloon payment	$ 37,179
Remaining principal	$ 45,200
Maturity date	Mar. 31, 2023
Fixed interest rate	4.00%
Fair value	$ 126,302
Celsius SPV Facility [Member] \| AVIC [Member] \| LIBOR [Member]
Lessor VIE Debt [Abstract]
Variable interest rate	1.80%
Celsius SPV Facility [Member] \| AVIC [Member] \| Minimum [Member]
Lessor VIE Debt [Abstract]
Maturity date	Mar. 31, 2023
Celsius SPV Facility [Member] \| AVIC [Member] \| Maximum [Member]
Lessor VIE Debt [Abstract]
Maturity date	Mar. 31, 2027

Debt, Interest Expense (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Debt, Interest Expense (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Interest costs [Abstract]
Total interest expense	$ 31,482	$ 17,198	$ 50,162	$ 31,088
Debt [Member]
Interest costs [Abstract]
Interest per contractual rates	46,471	19,766	67,305	38,640
Amortization of fair value adjustments to assumed debt obligations	(10,295)	0	(10,295)	0
Amortization of debt issuance costs, premiums and discounts	1,925	5,728	2,412	10,350
Interest expense incurred on finance lease obligations	50	0	50	0
Total interest costs	38,151	25,494	59,472	48,990
Capitalized interest	6,669	8,296	9,310	17,902
Total interest expense	$ 31,482	$ 17,198	$ 50,162	$ 31,088

Income taxes (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended
Income taxes (Details) - USD ($) $ in Thousands	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020
Loss before Income Taxes [Abstract]
Effective tax rate	164.80%	(0.10%)	(9.40%)	(0.10%)
Tax provision	$ 4,409	$ 117	$ 3,532	$ 113
Income tax expense (benefit), discrete (benefit)			(2,778)
Liability for tax contingencies	$ 19,382		$ 19,382

Less: net (income) loss attributable to non-controlling interests

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Commitments and contingencies (Details) - Foreign Tax Authority [Member] JD in Thousands, $ in Thousands, Rp in Millions	6 Months Ended		12 Months Ended
	Jun. 30, 2021 USD ($)	Jun. 30, 2021 IDR (Rp)	Dec. 31, 2016 USD ($)	Dec. 31, 2016 JOD (JD)	Dec. 31, 2015 USD ($)	Dec. 31, 2015 JOD (JD)
INDONESIA
Income Tax Uncertainties [Abstract]
VAT importation waiver revoked	$ 24,000
Tax assessment for land and buildings for 2015 to 2019	$ 3,400	Rp 48,378.3
JORDAN
Income Tax Uncertainties [Abstract]
Additional tax assessed on tax audit			$ 3,100	JD 2,200	$ 1,600	JD 1,100

Earnings per share (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2020

Mar. 31, 2020

Jun. 30, 2021

Jun. 30, 2020

Numerator [Abstract]

Net loss

$ (1,734)

$ (39,509)

$ (166,519)

$ (60,223)

$ (41,243)

$ (226,574)

(4,310)

29,094

(2,704)

80,851

Net loss attributable to stockholders

$ (6,044)

$ (137,425)

$ (43,947)

$ (145,723)

Denominator [Abstract]

Weighted-average shares-basic (in shares)

202,331,304

57,341,215

189,885,473

41,771,849

Weighted-average shares-diluted (in shares)

202,331,304

57,341,215

189,885,473

41,771,849

Net loss per share - basic (in dollars per share)

$ (0.03)

$ (2.40)

$ (0.23)

$ (3.49)

Net loss per share - diluted (in dollars per share)

$ (0.03)

$ (2.40)

$ (0.23)

$ (3.49)

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

1,238,375

2,918,383

Dividend [Abstract]

Dividend declared

$ 20,736

$ 17,598

Dividend paid

$ 41,346

$ 0

Class A Shares [Member]

Dividend [Abstract]

Dividend per share (in dollars per share)

$ 0.10

Dividend declared

$ 20,736

$ 17,598

Dividend paid

$ 20,670

$ 17,657

GMLP Merger [Member] | Series A Preferred Units [Member]

Dividend [Abstract]

Dividend paid

$ 3,019

Percentage of non-controlling interest

8.75%

Unvested RSUs [Member]

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

^[1]

695,279

1,627,673

Shannon Equity Agreement Shares [Member]

Dilutive Securities Excluded from Computation of Diluted Net Loss Per Share Effects Presented in Anti-dilutive [Abstract]

Anti-dilutive securities excluded from computation of diluted weighted average shares outstanding (in shares)

^[2]

543,096

1,290,710

[1]	Represents the number of instruments outstanding at the end of the period.
[2]	Class A common stock that would be issued in relation to the Shannon LNG Equity Agreement.

Share-based compensation (Details) - USD ($)
$ / shares in Units, $ in Thousands

3 Months Ended

6 Months Ended

Jun. 30, 2021

Mar. 31, 2021

Jun. 30, 2020

Mar. 31, 2020

Jun. 30, 2021

Jun. 30, 2020

Restricted Stock Units [Member]

Non-vested RSUs, beginning balance (in shares)

1,538,060

Granted (in shares)

Vested (in shares)

(818,846)

Forfeited (in shares)

(23,935)

Non-vested RSUs, ending balance (in shares)

695,279

Weighted Average Grant Date Fair Value Per Share [Abstract]

Non-vested RSUs, beginning balance (in dollars per share)

$ 13.49

Granted (in dollars per share)

Vested (in dollars per share)

13.45

Forfeited (in dollars per share)

13.50

Non-vested RSUs, ending balance (in dollars per share)

$ 13.50

Share-based compensation expense

$ 1,613

$ 1,922

$ 3,383

$ 4,430

Compensation expense recognized for forfeited RSU awards

488

549

Unrecognized compensation cost

4,489

$ 4,489

Weighted-average remaining vesting period of non-vested stock (in years)

9 months 3 days

Restricted Stock Units [Member] | Operations and Maintenance [Member]

Share-based compensation expense

212

253

$ 434

490

Restricted Stock Units [Member] | Selling, General and Administrative Expenses [Member]

Share-based compensation expense

$ 1,401

$ 1,669

$ 2,949

$ 3,940

Restricted Stock Units [Member] | Minimum [Member]

Restricted Stock Units [Member] | Maximum [Member]

Vesting period

10 months

Performance Share Units [Member] | Employees and Non-employees [Member]

Vesting period

3 years

Granted (in shares)

400,507

1,109,777

Unrecognized compensation cost

^[1]

$ 32,104

$ 30,511

Weighted-average remaining vesting period of non-vested stock (in years)

1 year 6 months

6 months

Performance Share Units [Member] | Minimum [Member] | Employees and Non-employees [Member]

Performance Share Units [Member] | Maximum [Member] | Employees and Non-employees [Member]

Vested (in shares)

Number of Reportable Segments | Segment

Vested (in shares)

(801,014)

(2,219,554)

[1]	Unrecognized compensation cost is based upon the maximum amount of shares that could vest

Related party transactions (Details) - USD ($) $ in Thousands	3 Months Ended		6 Months Ended		12 Months Ended
	Jun. 30, 2021	Jun. 30, 2020	Jun. 30, 2021	Jun. 30, 2020	Dec. 31, 2020
Related party transaction [Abstract]
Administrative and general expenses	$ 1,794	$ 1,914	$ 3,721	$ 4,145
Charter costs	1,340	45	2,949	1,284
Lease liability	112,811		112,811
Rent and administrative expenses	241		394
Rent and office related expenses incurred by affiliate			394		$ 204
Noncurrent Lease Liabilities [Member]
Related party transaction [Abstract]
Lease liability	$ 3,329		$ 3,329
DevTech Investment [Member]
Related party transaction [Abstract]
Minority interest percentage in exchange for cash consideration	10.00%		10.00%
Percentage of note payable purchased by affiliate			10.00%
Note payable due	$ 608		$ 608		715
Interest expense on note payable	8	19	29	38
Amounts due from affiliates	0		0		343
Fortress [Member]
Related party transaction [Abstract]
Amount due to affiliates	3,373		3,373		5,535
Fortress Affiliate [Member]
Related party transaction [Abstract]
Amount due to affiliates	1,211		1,211		472
Florida East Coast Industries [Member]
Related party transaction [Abstract]
Amount due to affiliates	0		0		316
Florida East Coast Industries [Member] \| Land [Member] \| Operations and Maintenance [Member]
Related party transaction [Abstract]
Lease expense	103	103	229	206
Fortress Affiliated Entities [Member]
Related party transaction [Abstract]
Amount due to affiliates	1,476		1,476		2,657
Amounts due from affiliates	265		265		$ 1,334
Rent and administrative expenses	$ 674	$ 0	$ 1,477	$ 849

Related party transactions, Agency Agreement with PT Pesona Sentra Utama (Details) - PT Pesona [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Related party transaction [Abstract]
Percentage of shares issued capital	51.00%
Vessel management fees, charges	$ 126

Related party transactions, Hilli Guarantees (Details) - Hilli Guarantees [Member] $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Related party transaction [Abstract]
Percentage agreed to assume the outstanding principal and interest amount	50.00%
Free liquid assets	$ 30,000
Consolidated tangible net worth	123,950
Letter of credit guarantee amount	372,750
Other Current Liabilities [Member]
Related party transaction [Abstract]
Fair value of debt guarantee after amortization	2,469
Other Non-current Liabilities [Member]
Related party transaction [Abstract]
Fair value of debt guarantee after amortization	7,960
Maximum [Member]
Related party transaction [Abstract]
Letter of credit guarantee, liable for outstanding amounts that are payable	$ 19,000
Net debt to EBITDA ratio	6.5

Related party transactions, GLNG Management and Services Agreements (Details) $ in Thousands	6 Months Ended
	Jun. 30, 2021 USD ($)
Ship Management Agreements [Member]
Related party transaction [Abstract]
Termination period	12 months
Period from the date on which notice is received	2 months
GLNG Management and Services Agreements [Member]
Related party transaction [Abstract]
Aggregate annual fee	$ 250
Management, services or guarantee fees	3,100
GLNG Management and Services Agreements [Member] \| Vessel Operating Expenses [Member]
Related party transaction [Abstract]
Management, services or guarantee fees	1,911
GLNG Management and Services Agreements [Member] \| Selling, General and Administrative Expenses [Member]
Related party transaction [Abstract]
Management, services or guarantee fees	1,189
GLNG Management and Services Agreements [Member] \| Transition Services Agreements [Member]
Related party transaction [Abstract]
Monthly payments	250
GLNG Management and Services Agreements [Member] \| Bermuda Services Agreement [Member]
Related party transaction [Abstract]
Aggregate annual fee	$ 50
Termination period	30 days

Segments (Details)
$ in Thousands

3 Months Ended

6 Months Ended

Apr. 15, 2021

Carrier

Jun. 30, 2021

USD ($)

Jun. 30, 2020

USD ($)

Jun. 30, 2021

USD ($)

Carrier

Segment

Storage

Jun. 30, 2020

USD ($)

Dec. 31, 2020

USD ($)

Segments [Abstract]

Number of FSRUs acquired | Storage

Number of LNG carriers acquired | Carrier

$ 223,839

$ 94,566

$ 369,523

$ 169,096

101,430

69,899

198,101

138,115

15,400

18,565

9,500

34,816

17,983

88,444

15,167

121,206

12,998

Other Segmental Financial Information [Abstract]

6,392,075

^[1]

1,421,513

^[1],[2]

6,392,075

^[1]

1,421,513

^[1],[2]

$ 1,908,091

Income (loss) from equity method investments

^[1]

212,190

16,241

317,951

80,451

^[2]

$ 38,941

CELSEPAR [Member]

Other Segmental Financial Information [Abstract]

Other Segmental Financial Information [Abstract]

50.00%

Hilli LLC [Member]

Terminals and Infrastructure [Member]

50.00%

Other Segmental Financial Information [Abstract]

Income (loss) from equity method investments

$ 28,447

Terminals and Infrastructure [Member] | CELSEPAR [Member]

Other Segmental Financial Information [Abstract]

Other Segmental Financial Information [Abstract]

50.00%

Ships [Member]

Income (loss) from equity method investments

$ 10,494

Ships [Member] | Hilli LLC [Member]

Other Segmental Financial Information [Abstract]

Operating Segments [Member]

50.00%

$ 277,310

94,566

$ 422,994

169,096

103,451

69,899

200,122

138,115

20,175

23,644

9,500

39,895

17,983

130,040

15,167

162,802

12,998

Other Segmental Financial Information [Abstract]

^[1]

6,392,075

1,421,513

^[2]

6,392,075

1,421,513

^[2]

Operating Segments [Member] | Terminals and Infrastructure [Member]

^[1]

212,190

16,241

317,951

80,541

^[2]

^[4]

181,548

^[3]

94,566

^[3]

327,232

^[3]

169,096

^[4]

103,451

^[3]

69,899

^[3]

200,122

^[3]

138,115

^[4]

^[3]

^[4]

23,644

^[3]

9,500

^[3]

39,895

^[3]

17,983

^[4]

54,453

^[3]

15,167

^[3]

87,215

^[3]

12,998

Other Segmental Financial Information [Abstract]

^[1],[3],[4]

1,917,701

1,421,513

^[2]

1,917,701

1,421,513

^[2]

Operating Segments [Member] | Ships [Member]

^[1],[4]

210,790

^[3]

16,241

^[3]

316,551

^[3]

80,541

^[2]

^[3]

95,762

^[5]

95,762

^[5]

^[3]

^[5]

^[3]

20,175

^[5]

20,175

^[5]

^[3]

^[5]

^[3]

75,587

^[5]

75,587

^[5]

Other Segmental Financial Information [Abstract]

^[1],[3]

4,474,374

^[5]

^[2]

4,474,374

^[5]

^[2]

^[1],[3]

1,400

^[5]

1,400

^[5]

^[2]

Eliminations [Member]

(53,471)

^[2]

(53,471)

^[2]

^[5]

(2,021)

^[2]

(2,021)

^[2]

^[5]

(4,775)

^[2]

(4,775)

^[2]

^[5]

(5,079)

^[2]

(5,079)

^[2]

^[5]

(41,596)

^[2]

(41,596)

^[2]

^[5]

Other Segmental Financial Information [Abstract]

^[1],[2]

^[5]

^[1],[2]

$ 0

^[5]