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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Vessels, net          
Estimated useful life     25 years    
Depreciation expense $ 33,102 $ 33,094 $ 65,841 $ 66,185  
Estimated scrap value (in dollars per lightweight ton)     245    
Deferred revenue          
Accrual related to estimated customer claims 329   329   407
Voyage expense recognition          
Net (losses) gains on purchase and sale of bunker fuel $ (21) $ 704 $ 343 $ 1,424  
Baltic Trading Limited
          
Noncontrolling interest          
Economic interest held by noncontrolling interest (as a percent) 80.32%   80.32%   75.22%
Voting power (as a percent) 21.39%   21.39%   16.83%