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COMMITMENTS AND CONTINGENCIES (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended |  | 3 Months Ended |  |  | 12 Months Ended |  |  |  | 0 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended |  | 0 Months Ended | 3 Months Ended | 6 Months Ended | 9 Months Ended
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Sep. 30, 2014 | Sep. 30, 2014 Genco Cavalier Samsun | Sep. 30, 2014 Period until May 31, 2015 | Sep. 30, 2014 Period after May 31, 2015 until April 30, 2018 | Sep. 30, 2014 Period from October 1, 2018 to April 30, 2023 | Sep. 30, 2014 Period from May 1, 2023 to September 30, 2025 | Sep. 30, 2014 Lease agreement entered into April 2011 | Jul. 09, 2014 Predecessor | Dec. 31, 2013 Predecessor | Dec. 31, 2013 Predecessor Genco Cavalier Samsun | Dec. 31, 2012 Predecessor Genco Cavalier Samsun | Dec. 30, 2013 Predecessor Genco Cavalier Samsun | Dec. 30, 2012 Predecessor Genco Cavalier Samsun | Feb. 05, 2010 Predecessor Genco Cavalier Samsun | Feb. 05, 2010 Predecessor Genco Cavalier Samsun Minimum | Feb. 05, 2010 Predecessor Genco Cavalier Samsun Maximum | Jul. 09, 2014 Predecessor Lease agreement entered into September 2005 | Sep. 30, 2005 Predecessor Lease agreement entered into September 2005 | Sep. 30, 2013 Predecessor Lease agreement entered into September 2005 | Jul. 09, 2014 Predecessor Lease agreement entered into September 2005 | Sep. 30, 2013 Predecessor Lease agreement entered into September 2005 | Dec. 31, 2013 Predecessor Lease agreement entered into September 2005 | Jul. 09, 2014 Predecessor Lease agreement entered into April 2011 | Apr. 04, 2011 Predecessor Lease agreement entered into April 2011 | Sep. 30, 2013 Predecessor Lease agreement entered into April 2011 | Jul. 09, 2014 Predecessor Lease agreement entered into April 2011 | Sep. 30, 2013 Predecessor Lease agreement entered into April 2011
Commitments and contingencies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lease term |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 15 years |  |  |  |  |  | 7 years |  |  |
Rent expense | $ 410 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ (13) |  | $ (39) | $ (41) | $ 92 |  | $ 34 |  | $ 389 | $ 813 | $ 1,168
Current portion of lease obligations |  |  |  |  |  |  |  |  | 176 |  |  |  |  |  |  |  |  |  |  |  |  | 176 |  |  |  |  |
Long-term lease obligations | 186 |  |  |  |  |  |  |  | 3,114 |  |  |  |  |  |  |  |  |  |  |  |  | 744 |  |  |  |  |
Amount of bankruptcy claim to be settled following the rehabilitation process |  |  |  |  |  |  |  |  |  |  |  |  |  | 17,212 |  |  |  |  |  |  |  |  |  |  |  |  |
Cash to be received to settle bankruptcy claim as percentage of total settlement |  |  |  |  |  |  |  |  |  |  |  |  |  | 34.00% |  |  |  |  |  |  |  |  |  |  |  |  |
Cash to be received to settle bankruptcy claim |  |  |  |  |  |  |  |  |  |  |  |  |  | 5,852 |  |  |  |  |  |  |  |  |  |  |  |  |
Amount due to be paid in cash |  |  |  |  |  |  |  |  |  |  |  | 468 | 527 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total payment due from entity as a percentage of approved cash settlement |  |  |  |  |  |  |  |  |  |  |  |  | 9.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage of total cash settlement to be received annually |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 8.00% | 17.00% |  |  |  |  |  |  |  |  |  |  |
Bankruptcy claims settled by conversion into shares of entity (as a percent) |  |  |  |  |  |  |  |  |  |  |  |  |  | 66.00% |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of bankruptcy claim settled through conversion into shares of entity |  |  |  |  |  |  |  |  |  |  |  |  |  | 11,360 |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage of bankruptcy claim due remitted |  | 50.00% |  |  |  |  |  |  |  |  | 50.00% |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amount of bankruptcy claim remitted |  |  |  |  |  |  |  |  |  | 0 | 263 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income | 296 | 296 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Future minimum rental payments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Remainder of 2014 |  |  |  |  |  |  | 245 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 |  |  |  |  |  |  | 1,037 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2016 |  |  |  |  |  |  | 1,076 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2017 |  |  |  |  |  |  | 1,076 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2018 |  |  |  |  |  |  | 916 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Remaining term of the lease |  |  |  |  |  |  | 15,590 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Monthly rental payment |  |  | 82 | 90 | 186 | 204 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Monthly straight-line rental expense | 150 |  |  |  |  |  |  | 130 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Obligation of sublessor towards the cost of alterations of office space |  |  |  |  |  |  | $ 472 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |

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