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SHARE CAPITAL AND SHARE OPTIONS - Share Capital (Details) - USD ($)
$ / shares in Units, $ in Thousands
1 Months Ended 12 Months Ended 24 Months Ended
Nov. 30, 2014
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2017
Share capital:          
Common stock, value, authorized   $ 150,000 $ 150,000   $ 150,000
Common stock, value, issued   $ 101,303 101,119   101,119
Shares issued upon exercise of share options (in shares)   184,000      
Contributed surplus   $ 200,000 $ 200,000   $ 200,000
Common stock, shares authorized (in shares)   150,000,000 150,000,000   150,000,000
Common shares, par value (in dollars per share)   $ 1.00 $ 1.00   $ 1.00
Common shares, shares issued (in shares)   101,302,404 101,118,289   101,118,289
Common shares, shares outstanding (in shares)   101,302,404 101,118,289   101,118,289
Percent of stock outstanding 5.00%        
Repurchase period 2 years        
Remaining amount in share repurchase program (in shares)         500,000
Purchase of treasury shares   $ 0 $ 0 $ 8,214 $ 20,500
Common Stock          
Share capital:          
Shares issued upon exercise of share options (in shares)   184,115 38,000.000    
Equity Swap          
Share capital:          
Shares acquired by counterparty (in shares)   3,000,000      
Shares acquired by counterparty, per share price (in dollars per share)   $ 45.01     $ 45.01