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INVESTMENTS IN DIRECT FINANCING AND SALES-TYPE LEASES (Details)
 6 Months Ended
Jun. 30, 2014
Rate
vessel
Net Investment in Direct Financing and Sales Type Leases [Abstract]  
Number of VLCCs and Suezmaxes Chartered 20
Term of charters, minimum (in years) 4 years
Term of charters, maximum (in years) 13 years
Number of offshore supply vessels chartered on long-term bareboat charters 1
Joint venture, ownership percentage 50.00%
Assets accounted for as direct financing leases and leased to related parties 22