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DEFERRED CHARGES (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2013
Secured debt
Line of credit
$1.125 billion newbuild facility
Jul. 26, 2013
Secured debt
Line of credit
$1.125 billion newbuild facility
Components of deferred financing costs [Line Items]          
Line of Credit Facility, Maximum Borrowing Capacity       $ 1,125,000,000.000 $ 1,125,000,000.000
Debt arrangement fees and other deferred financing charges 27,845,000 6,335,000      
Accumulated amortization (3,361,000) (2,271,000)      
Deferred Finance Costs, Net 24,484,000 4,064,000      
Amortization of deferred charges and debt guarantee $ 2,000,000 $ 1,900,000 $ 1,500,000