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SEGMENT INFORMATION (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended | 6 Months Ended |
--- | --- | --- | ---
Jun. 30, 2014 | Jun. 30, 2013 | Jun. 30, 2014 item | Jun. 30, 2013 | Dec. 31, 2013
SEGMENT INFORMATION |  |  |  |  |
Number of reportable segments |  |  | 2 |  |
Number of operating segments |  |  | 2 |  |
Voyage revenue from external customers |  |  |  |  |
Total consolidated voyage revenue from external customers | $ 51,545 | $ 44,941 | $ 114,725 | $ 84,617 |
Intersegment revenue |  |  |  |  |
Total consolidated intersegment revenue | 819 | 819 | 1,629 | 1,629 |
Net loss |  |  |  |  |
Net loss | (65,557) | (48,940) | (107,796) | (100,890) |
Total assets |  |  |  |  |
Total consolidated assets | 2,828,686 |  | 2,828,686 |  | 2,957,254
Operating Segments |  |  |  |  |
Voyage revenue from external customers |  |  |  |  |
Total consolidated voyage revenue from external customers | 51,545 | 44,941 | 114,725 | 84,617 |
Net loss |  |  |  |  |
Net loss | (65,548) | (48,922) | (107,651) | (100,853) |
Total assets |  |  |  |  |
Total consolidated assets | 2,833,465 |  | 2,833,465 |  | 2,962,178
Operating Segments | Intersegment Revenue |  |  |  |  |
Intersegment revenue |  |  |  |  |
Total consolidated intersegment revenue | 1,022 | 696 | 2,067 | 1,376 |
GS&T |  |  |  |  |
Voyage revenue from external customers |  |  |  |  |
Total consolidated voyage revenue from external customers | 40,842 | 38,562 | 90,931 | 72,252 |
Net loss |  |  |  |  |
Net loss | (59,874) | (44,297) | (98,444) | (91,145) |
Total assets |  |  |  |  |
Total consolidated assets | 2,286,604 |  | 2,286,604 |  | 2,404,811
GS&T | Intersegment Revenue |  |  |  |  |
Intersegment revenue |  |  |  |  |
Total consolidated intersegment revenue | 1,022 | 696 | 2,067 | 1,376 |
Baltic Trading |  |  |  |  |
Voyage revenue from external customers |  |  |  |  |
Total consolidated voyage revenue from external customers | 10,703 | 6,379 | 23,794 | 12,365 |
Net loss |  |  |  |  |
Net loss | (5,674) | (4,625) | (9,207) | (9,708) |
Total assets |  |  |  |  |
Total consolidated assets | 546,861 |  | 546,861 |  | 557,367
Intersegment Elimination |  |  |  |  |
Intersegment revenue |  |  |  |  |
Total consolidated intersegment revenue | (1,022) | (696) | (2,067) | (1,376) |
Net loss |  |  |  |  |
Net loss | 9 | 18 | 145 | 37 |
Total assets |  |  |  |  |
Total consolidated assets | $ (4,779) |  | $ (4,779) |  | $ (4,924)

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- Definition Revenue from transporting cargo and freight between locations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1(d)) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
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- Definition Number of operating segments. An operating segment is a component of an enterprise: (a) that engages in business activities from which it may earn revenues and incur expenses (including revenues and expenses relating to transactions with other components of the same enterprise), (b) whose operating results are regularly reviewed by the enterprise's chief operating decision maker to make decisions about resources to be allocated to the segment and assess its performance, and (c) for which discrete financial information is available. An operating segment may engage in business activities for which it has yet to earn revenues, for example, start-up operations may be operating segments before earning revenues. + References No definition available. + Details
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