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NONVESTED STOCK AWARDS (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Jul. 12, 2005
2005 GS&T Plan
Dec. 31, 2012
2005 and 2012 GS&T Plans
item
Dec. 31, 2011
2005 and 2012 GS&T Plans
Dec. 31, 2010
2005 and 2012 GS&T Plans
May 17, 2012
2012 GS&T Plan
Dec. 31, 2012
Baltic Trading Plan
Baltic Trading Limited
item
Dec. 31, 2011
Baltic Trading Plan
Baltic Trading Limited
Dec. 31, 2010
Baltic Trading Plan
Baltic Trading Limited
Mar. 03, 2010
Baltic Trading Plan
Baltic Trading Limited
Nonvested Stock Awards                      
Aggregate number of shares of common stock available for award     2,000,000       3,000,000       2,000,000
Number of anniversaries in which award vests       4              
Number of anniversaries in which award vests, which are not granted as part of grants to all directors       10              
Number of anniversaries in which award vests in connection with IPO               4      
Number of anniversaries in which award vests not in connection with IPO               4      
Number of Shares                      
Balance at the beginning of the period (in shares)       936,787 809,087 437,000   545,750 583,500    
Granted (in shares)       464,175 357,500 514,650   299,999 117,500 583,500  
Vested (in shares)       (290,700) (228,700) (142,563)   (181,500) (155,250)    
Forfeited (in shares) (1,500) (1,100)   (1,500) (1,100)            
Balance at the end of the period (in shares)       1,108,762 936,787 809,087   664,249 545,750 583,500  
Weighted Average Grant Date Price                      
Balance at the beginning of the period (in dollars per share)       $ 14.06 $ 19.40 $ 25.86   $ 11.60 $ 13.40    
Granted (in dollars per share)       $ 2.71 $ 6.46 $ 16.07   $ 3.04 $ 5.11 $ 13.40  
Vested (in dollars per share)       $ 13.49 $ 21.08 $ 27.16   $ 11.71 $ 13.43    
Forfeited (in dollars per share)       $ 6.39 $ 14.65            
Balance at the end of the period (in dollars per share)       $ 9.47 $ 14.06 $ 19.40   $ 7.70 $ 11.60 $ 13.40  
Additional disclosures                      
Total fair value of shares vested       $ 733 $ 2,105 $ 2,414   $ 663 $ 1,275    
Unrecognized compensation cost related to nonvested stock awards                      
Unrecognized compensation cost       $ 5,131       $ 1,895      
Weighted-average period for recognition of unrecognized compensation cost       3 years 2 months 23 days       2 years 4 months 24 days