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OTHER ASSETS, NET (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 6 Months Ended 3 Months Ended 6 Months Ended
Jun. 30, 2013
Jun. 30, 2012
Jun. 30, 2013
Jun. 30, 2012
Dec. 31, 2012
Jun. 30, 2013
2010 Notes
Jun. 30, 2012
2010 Notes
Jun. 30, 2013
2010 Notes
Jun. 30, 2012
2010 Notes
Dec. 31, 2012
2010 Notes
Jun. 30, 2013
2007 Credit Facility
Dec. 31, 2012
2007 Credit Facility
Jun. 30, 2013
$100 Million Term Loan Facility
Dec. 31, 2012
$100 Million Term Loan Facility
Aug. 12, 2010
$100 Million Term Loan Facility
Jun. 30, 2013
$253 Million Term Loan Facility
Dec. 31, 2012
$253 Million Term Loan Facility
Aug. 20, 2010
$253 Million Term Loan Facility
Jun. 30, 2013
2010 Baltic Trading Credit Facility
May 31, 2013
2010 Baltic Trading Credit Facility
Dec. 31, 2012
2010 Baltic Trading Credit Facility
Nov. 30, 2010
2010 Baltic Trading Credit Facility
Apr. 16, 2010
2010 Baltic Trading Credit Facility
Other assets, net                                              
Maximum borrowing capacity                     $ 1,055,912   $ 100,000 $ 100,000 $ 100,000 $ 253,000 $ 253,000 $ 253,000   $ 125,000   $ 150,000 $ 100,000
Total deferred financing costs 42,723   42,723   42,723 3,637   3,637   3,637 29,568 29,568 1,783 1,783   4,708 4,708   3,027   3,027    
Less: accumulated amortization 16,853   16,853   13,162                                    
Total 25,870   25,870   29,561                                    
Amortization of deferred financing costs $ 1,856 $ 979 $ 3,691 $ 1,959   $ 179 $ 179 $ 356 $ 359