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DEBT (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 3 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 3 Months Ended 3 Months Ended 0 Months Ended 1 Months Ended 12 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Dec. 31, 2012
Aug. 31, 2012
August 2012 Credit Facility Agreements
Mar. 31, 2013
Minimum
Mar. 31, 2012
Minimum
Mar. 31, 2013
Maximum
Mar. 31, 2012
Maximum
Feb. 29, 2012
2007 Credit Facility
Dec. 31, 2011
2007 Credit Facility
Mar. 31, 2013
2007 Credit Facility
Dec. 31, 2012
2007 Credit Facility
Aug. 31, 2012
2007 Credit Facility
August 2012 Credit Facility Agreements
Mar. 31, 2013
2007 Credit Facility
August 2012 Credit Facility Agreements
Aug. 01, 2012
2007 Credit Facility
August 2012 Credit Facility Agreements
Mar. 31, 2013
$100 Million Term Loan Facility
Dec. 31, 2012
$100 Million Term Loan Facility
Aug. 12, 2010
$100 Million Term Loan Facility
item
Aug. 01, 2012
$100 Million Term Loan Facility
August 2012 Credit Facility Agreements
Mar. 31, 2013
$253 Million Term Loan Facility
Dec. 31, 2012
$253 Million Term Loan Facility
Aug. 20, 2010
$253 Million Term Loan Facility
item
Aug. 01, 2012
$253 Million Term Loan Facility
August 2012 Credit Facility Agreements
May 09, 2013
2010 Baltic Trading Credit Facility
May 31, 2011
2010 Baltic Trading Credit Facility
item
Dec. 31, 2010
2010 Baltic Trading Credit Facility
Mar. 31, 2013
2010 Baltic Trading Credit Facility
Dec. 31, 2012
2010 Baltic Trading Credit Facility
Nov. 30, 2012
2010 Baltic Trading Credit Facility
Nov. 30, 2010
2010 Baltic Trading Credit Facility
Apr. 16, 2010
2010 Baltic Trading Credit Facility
Long-term debt                                                              
Long-term debt, gross                     $ 1,055,912 $ 1,055,912       $ 75,484 $ 75,484     $ 180,793 $ 180,793           $ 101,250 $ 101,250      
Less: Current portion (1,312,189)                                                            
Long-term debt 101,250   1,413,439                                                        
Maximum borrowing capacity                     1,055,912         100,000 100,000 100,000 100,000 253,000 253,000 253,000 253,000           130,000 150,000 100,000
Ratio of interest-bearing indebtedness to the sum of interest-bearing indebtedness and consolidated net worth (as a percent)       62.50%                                                      
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                                
Outstanding debt classified as a current liability                     1,055,912         75,484       180,793                      
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                                          
Amount of letters of credit issued                     0                                        
Issuance of common stock   7,500,000             7,500,000                                            
Gross proceeds from issuance of common stock   50,721             53,250                                            
Number of vessels acquired                                   5       13                  
Remaining borrowing capacity                               0       0             28,750        
Available working capital borrowings                                                     23,500        
Amount of drawdowns                               100,000       253,000       1,000   1,500          
Restricted cash 9,850                                     9,750 9,750                    
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            
Period of commencement of consecutive semi annual reductions                                                 6 months            
Interest rates                                                              
Effective Interest Rate (as a percent) 4.73% 5.05%                                                          
Range of Interest Rates (excluding impact of swaps and unused commitment fees) (as a percent)         3.20% 3.24% 4.38% 4.63%                                              
Prepayment fee (as a percent)                           1.25%                                  
Current interest payable 13,199                         13,199                                  
Long-term interest payable     $ 13,199                       $ 13,199