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VESSEL ACQUISITIONS (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended			3 Months Ended
	Mar. 31, 2014	Mar. 31, 2013	Dec. 31, 2013	Mar. 31, 2014 Baltic Trading Limited	Mar. 31, 2013 Baltic Trading Limited	Dec. 03, 2013 Agreement to Purchase Capesize Drybulk Vessels Purchase agreement with SK Shipping Co LTD Baltic Trading Limited	Oct. 31, 2013 Agreement to Purchase Capesize Drybulk Vessels Purchase agreement with SK Shipping Co LTD Baltic Trading Limited item	Aug. 30, 2013 Handysize Vessel purchase Subsidiaries of Clipper Group Baltic Trading Limited	Jul. 02, 2013 Handysize Vessel purchase Subsidiaries of Clipper Group Baltic Trading Limited item	Nov. 13, 2013 Yangfan Group Co., LTD Agreement to Purchase Ultramax Drybulk Vessels Baltic Trading Limited item	Nov. 13, 2013 Yangfan Group Co., LTD Agreement to Purchase Ultramax Drybulk Vessels Baltic Trading Limited Maximum item
VESSEL ACQUISITIONS AND DISPOSITIONS
Number of vessels purchased							2		2	2
Aggregate purchase price							$ 103,000		$ 41,000	$ 112,000
Total purchase price per vessel										28,000
Number of vessels purchased under option to be acquired per purchase agreement										2
Number of vessels committed to be acquired under purchase agreement											4
Capacity of vessels										64,000
Face amount of term loan facility						44,000		22,000
Deposits on vessels	17,175		1,013
Amortization of time charters acquired	49	132
Capitalized interest associated with newbuilding contracts				$ 98	$ 0

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Represents the capacity of vessels expressed in deadweight tonnage (dwt), a measure of weight a ship is carrying or can safely carry.

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Carrying value of amounts transferred to third parties for security purposes that are expected to be returned or applied towards payment in the future.

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