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INVESTMENTS (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2008
Dec. 31, 2012
Dec. 31, 2011
Investments      
Fair value of investment in capital stock   $ 20,988 $ 24,468
Jinhui Shipping and Transportation Limited
     
Investments      
Investment in the capital stock of Jinhui (in shares)   16,335,100 16,335,100
Fair value of investment in capital stock   $ 20,988 $ 24,468
Cost of investment (in dollars per share) $ 1.03