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REVENUE FROM TIME CHARTERS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
REVENUE FROM TIME CHARTERS [Abstract]        
Voyage revenues $ 58,605 $ 53,603 $ 143,222 $ 174,740
Profit sharing revenue 0 0 0 0
Future minimum time charter revenue [Abstract]        
Remainder of 2013 9,676   9,676  
2014 $ 7,068   $ 7,068  
Additional off-hire period     0 days  
Offhire period     20 days