|
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES, Income taxes (Details) (USD $)
In Thousands, unless otherwise specified
|
12 Months Ended |
|
Dec. 31, 2013
|
Dec. 31, 2012
|
Dec. 31, 2011
|
| Income Taxes [Line Items] |
|
|
|
| Ownership percentage held by each shareholder (in hundredths) |
5.00% |
5.00% |
5.00% |
| Federal tax rate (in hundredths) |
4.00% |
|
|
| Taxable income |
$ (155,123) |
$ (156,554) |
$ 26,453 |
| Income tax expense |
1,898 |
1,222 |
1,385 |
| Total revenue earned |
3,285 |
3,294 |
3,285 |
|
Maximum [Member]
|
|
|
|
| Income Taxes [Line Items] |
|
|
|
| Combined ownership held by 5% shareholders (in hundredths) |
50.00% |
50.00% |
50.00% |
| Percentage of shipping income attributable to transportation that begins or ends in the United States included in United States source shipping income (in hundredths) |
50.00% |
|
|
|
Vessel Management Services [Member]
|
|
|
|
| Income Taxes [Line Items] |
|
|
|
| Taxable income |
4,235 |
2,655 |
2,787 |
| Income tax expense |
1,864 |
1,194 |
1,351 |
| Total revenue earned |
7,856 |
6,110 |
6,309 |
|
Baltic Trading [Member] | Minimum [Member]
|
|
|
|
| Income Taxes [Line Items] |
|
|
|
| Aggregate voting power held (in hundredths) |
50.00% |
|
|
|
Baltic Trading [Member] | United States [Member]
|
|
|
|
| Income Taxes [Line Items] |
|
|
|
| Taxable income |
1,664 |
1,379 |
3,062 |
| Income tax expense |
34 |
28 |
34 |
|
Intersegment Elimination [Member] | Vessel Management Services [Member]
|
|
|
|
| Income Taxes [Line Items] |
|
|
|
| Total revenue earned |
$ 4,571 |
$ 2,816 |
$ 3,024 |