SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)	3 Months Ended	6 Months Ended
Jun. 30, 2014	Jun. 30, 2013	Jun. 30, 2014	Jun. 30, 2013	Dec. 31, 2013
Accounting Policies [Abstract]
Deferred revenue under license agreements not yet executed or deemed effective	$ 6,300,000		$ 6,300,000		$ 0
License Fee Agreement, Term of Agreement			6 years 4 months 24 days
Taxes, Other	$ 3,000,000	$ 30,000	$ 3,200,000	$ 125,000

The amount of deferred revenue as of the balance sheet date under license agreements that have not yet been executed or deemed effective.

No definition available.

Name:	panl_DeferredRevenueUnderLicenseAgreementsNotYetExecutedOrDeemedEffective
Namespace Prefix:	panl_
Data Type:	xbrli:monetaryItemType
Balance Type:	credit
Period Type:	instant