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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4)
12 Months Ended
Dec. 31, 2012
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Dec. 31, 2011
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Dec. 31, 2010
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Concentration of credit risk      
Percentage of revenue earned 100.00% 100.00% 100.00%
Number of customers 43 32 33
Number of financial institutions with which the entity maintains its cash and cash equivalents 4 5  
Number of interest swap agreements 5 8  
Voyage Revenues
     
Concentration of credit risk      
Number of customers that individually accounted for more than 10% of voyage revenues 1 2 2
Voyage Revenues | Cargill International S.A.
     
Concentration of credit risk      
Concentration risk percentage 31.27% 30.00% 29.26%
Voyage Revenues | Swissmarine Services S.A.
     
Concentration of credit risk      
Concentration risk percentage   12.23%  
Voyage Revenues | Pacific Basin Chartering Ltd.
     
Concentration of credit risk      
Concentration risk percentage     11.43%