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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
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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)