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SUBSEQUENT EVENTS (Details) (USD $) In Thousands, except Per Share data, unless otherwise specified | 3 Months Ended | 12 Months Ended | 0 Months Ended
--- | --- | --- | ---
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Feb. 25, 2014 Subsequent Event [Member] Baltic Trading Limited [Member] | Feb. 25, 2014 Subsequent Event [Member] Baltic Trading Limited [Member] Minority Shareholders [Member]
Subsequent Event [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends declared per share (in dollars per share) | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | $ 0 | $ 0 | $ 0.03 |
Aggregate amount of the dividend |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 1,726 | $ 1,535
Dividends Payable, Date Declared |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Feb. 25, 2014 |
Dividends payment date |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Mar. 17, 2014 |
Dividends date of record |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | Mar. 10, 2014 |
[1] | Amounts may not total to annual earnings (loss) because each quarter and year are calculated separately based on basic and diluted weighted-average common shares outstanding during that period.
[2] | Does not include cash dividends paid by Baltic Trading.

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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
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- Definition Date the declared dividend will be paid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6367179&loc=d3e4304-108586 + Details
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- Definition Amount of paid and unpaid common stock dividends declared with the form of settlement in cash, stock and payment-in-kind (PIK). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 04 -Article 3 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817 + Details
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