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VESSEL ACQUISITIONS (Details) (USD $)
In Thousands, unless otherwise specified |
12 Months Ended | 12 Months Ended | ||||||
|---|---|---|---|---|---|---|---|---|
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Dec. 31, 2013
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Dec. 31, 2012
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Dec. 31, 2011
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Oct. 31, 2013
Agreement to Purchase Capesize Drybulk Vessels [Member]
Purchase agreement with SK Shipping Co LTD [Member]
Baltic Trading Limited [Member]
Vessel
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Dec. 31, 2011
Handysize Newbuilding Vessel [Member]
Purchase Agreement with Metrostar Companies [Member]
GS&T and wholly-owned subsidiaries excluding Baltic Trading Limited [Member]
Vessel
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Jul. 02, 2013
Handysize Vessel purchase [Member]
Subsidiaries of Clipper Group [Member]
Baltic Trading Limited [Member]
Vessel
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Dec. 31, 2013
Yangfan Group Co., LTD [Member]
Agreement to Purchase Ultramax Drybulk Vessels [Member]
Baltic Trading Limited [Member]
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Nov. 13, 2013
Yangfan Group Co., LTD [Member]
Agreement to Purchase Ultramax Drybulk Vessels [Member]
Baltic Trading Limited [Member]
Vessel
t
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| Significant Acquisitions and Disposals [Line Items] | ||||||||
| Number of vessels purchased | 2 | 2 | 2 | |||||
| Aggregate purchase price | $ 103,000 | $ 41,000 | $ 112,000 | |||||
| Purchase price per vessel | 28,000 | |||||||
| Number of vessels purchased under option to be acquired per purchase agreement | 2 | |||||||
| Capacity of Vessels in Deadweight Tonnage | 64,000 | |||||||
| Total vessel deposits made during the period | 1,013 | |||||||
| Number of vessels committed to be acquired under purchase agreement | 4 | |||||||
| Face amount of term loan facility | 253,000 | 44,000 | 22,000 | |||||
| Number of vessels acquired, having below market time charters | 2 | |||||||
| Liability for time charter acquired | 578 | |||||||
| Amortization of time charters acquired | 334 | 746 | 1,611 | |||||
| Remaining unamortized fair market value of time charter acquired | 84 | 418 | ||||||
| Weighted-average amortization period of fair market value of time charters acquired | 0 years 6 months 22 days | |||||||
| Fair market value of time charter acquired to be amortized [Abstract] | ||||||||
| 2014 | 84 | |||||||
| Capitalized interest associated with newbuilding contracts | $ 0 | $ 0 | $ 179 | |||||