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LONG-TERM DEBT (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
 1 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 3 Months Ended 9 Months Ended 3 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 9 Months Ended 1 Months Ended 1 Months Ended 12 Months Ended 1 Months Ended
Feb. 29, 2012
Sep. 30, 2012
Sep. 30, 2011
Sep. 30, 2012
Sep. 30, 2011
Dec. 31, 2011
Aug. 31, 2012
August 2012 Agreements
item
Sep. 30, 2012
Minimum
Sep. 30, 2011
Minimum
Sep. 30, 2012
Minimum
Sep. 30, 2011
Minimum
Sep. 30, 2012
Maximum
Sep. 30, 2011
Maximum
Sep. 30, 2012
Maximum
Sep. 30, 2011
Maximum
Aug. 31, 2012
Maximum
August 2012 Agreements
Feb. 29, 2012
2007 Credit Facility
Dec. 31, 2011
2007 Credit Facility
Sep. 30, 2012
2007 Credit Facility
Aug. 31, 2012
2007 Credit Facility
August 2012 Agreements
Aug. 01, 2012
2007 Credit Facility
August 2012 Agreements
Aug. 01, 2012
2007 Credit Facility
Minimum
August 2012 Agreements
Sep. 30, 2012
$100 Million Term Loan Facility
Dec. 31, 2011
$100 Million Term Loan Facility
Aug. 12, 2010
$100 Million Term Loan Facility
Jun. 03, 2010
$100 Million Term Loan Facility
vessel
Aug. 31, 2012
$100 Million Term Loan Facility
August 2012 Agreements
Aug. 01, 2012
$100 Million Term Loan Facility
August 2012 Agreements
Sep. 30, 2012
$253 Million Term Loan Facility
Dec. 31, 2011
$253 Million Term Loan Facility
Aug. 20, 2010
$253 Million Term Loan Facility
vessel
Aug. 31, 2012
$253 Million Term Loan Facility
August 2012 Agreements
Aug. 01, 2012
$253 Million Term Loan Facility
August 2012 Agreements
May 31, 2011
2010 Baltic Trading Credit Facility
item
Dec. 31, 2010
2010 Baltic Trading Credit Facility
Sep. 30, 2012
2010 Baltic Trading Credit Facility
May 31, 2012
2010 Baltic Trading Credit Facility
Dec. 31, 2011
2010 Baltic Trading Credit Facility
Nov. 30, 2010
2010 Baltic Trading Credit Facility
Apr. 16, 2010
2010 Baltic Trading Credit Facility
Aug. 31, 2012
2007 Credit Facility, $100 Million Term Loan Facility, and $253 Million Term Loan Facility
August 2012 Agreements
Aug. 01, 2012
$100 Million Term Loan Facility and $253 Million Term Loan Facility
August 2012 Agreements
Long-term debt                                                                                    
Long-term debt, gross                                   $ 1,174,500 $ 1,055,912       $ 75,484 $ 90,869         $ 180,793 $ 221,393           $ 101,250   $ 101,250        
Less: Current portion           (185,077)                                                                        
Long-term debt   1,413,439   1,413,439   1,402,935                                                                        
Number of credit facilities with prepaid scheduled amortization payments through December 31, 2013             2                                                                      
Aggregate principal amount to be paid in the first quarter of 2014 under facilities                                                                                   55,193
Minimum cash balances necessary to repay credit facility on a quarterly basis commencing September 30, 2012                                         100,000                                          
Percentage of repayments commencing September 30, 2012 to be allocated to the final payment at maturity                                       25.00%                                            
Percentage of repayments commencing September 30, 2012 to be allocated to the scheduled mandatory principal repayments                                       75.00%                                            
Appraised value of certain mortgaged vessels as percentage of the aggregate principal amount for ceasing of mandatory payment obligations                                           100.00%                                        
Number of credit facilities that will not increase the amount of principal indebtedness outstanding or change their maturity dates             3                                                                      
Percentage of indebtedness allowed to be incurred for vessel acquisitions as percentage of the lesser of the vessel acquisition cost or fair market value                               60.00%                                                    
Reference rate for interest payable                                       LIBOR                                            
Applicable margin over reference rate for interest payable, before increase (as a percent)                                         2.00%                                          
Applicable margin over reference rate for interest payable (as a percent)                                         3.00%                                          
Minimum cash balance required per vessel mortgaged, before increase                                         500                                          
Minimum cash balance required per vessel mortgaged                                         750                                          
Number of credit facilities with vessels pledged being granted a second priority security interest             2                                                                      
Number of credit facilities in which the consenting lenders received an upfront fee             3                                                                      
Percentage of upfront fee received by consenting lenders                                                                                 0.25%  
Amount prepaid                                       57,893             11,538         30,450                    
Prepayment fee (as a percent)                                       1.25%                                            
Long-term interest payable   13,199   13,199                                 13,199                                          
Maximum borrowing capacity                                     1,055,912       100,000   100,000     100,000 253,000   253,000   253,000       135,000   150,000 100,000    
Amount of drawdowns                                             100,000           253,000                          
Facility fee (as a percent)                                 1.00% 2.00%                                                
Reduction in facility fee if equity offering results in desired gross proceeds (as a percent)                                   1.00%                                                
Proceeds to be received on issuance of common stock                                   50,000                                                
Shares issued during the period 7,500,000     7,500,000                         7,500,000                                                  
Gross proceeds from issuance of common stock       50,721                         53,250                                                  
Drawdowns during the period                                                                     1,500              
Remaining borrowing capacity                                                                       33,750            
Number of consecutive semi-annual reductions in total commitment                                                                   11                
Amount of semi-annual reductions in maximum borrowing capacity through the maturity date                                                                   5,000                
Number of vessels purchased                                                   5         13                      
Available working capital borrowings                                                                       $ 23,500            
Interest rates                                                                                    
Effective Interest Rate (as a percent)   4.65% 4.36% 4.60% 4.41%                                                                          
Range of Interest Rates (excluding impact of swaps and unused commitment fees) (as a percent)               3.22% 2.25% 3.22% 2.19% 4.50% 3.33% 4.63% 3.33%