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VESSEL ACQUISITIONS (Details) (USD $) In Thousands, unless otherwise specified	3 Months Ended		3 Months Ended	0 Months Ended	3 Months Ended	6 Months Ended	9 Months Ended		0 Months Ended	3 Months Ended	6 Months Ended	9 Months Ended
	Sep. 30, 2014	Sep. 30, 2014 Genco Bourgogne, Genco Muse, and Genco Spirit	Sep. 30, 2014 Baltic Trading Limited	Jul. 09, 2014 Predecessor	Dec. 31, 2013 Predecessor	Jul. 09, 2014 Predecessor	Dec. 31, 2013 Predecessor	Sep. 30, 2013 Predecessor	Jul. 09, 2014 Predecessor Baltic Trading Limited	Sep. 30, 2013 Predecessor Baltic Trading Limited	Jul. 09, 2014 Predecessor Baltic Trading Limited	Sep. 30, 2013 Predecessor Baltic Trading Limited	Dec. 03, 2013 Predecessor Agreement to Purchase Capesize Drybulk Vessels Purchase agreement with SK Shipping Co LTD Baltic Trading Limited	Oct. 31, 2013 Predecessor Agreement to Purchase Capesize Drybulk Vessels Purchase agreement with SK Shipping Co LTD Baltic Trading Limited item	Aug. 30, 2013 Predecessor Handysize Vessel purchase Subsidiaries of Clipper Group Baltic Trading Limited	Jul. 02, 2013 Predecessor Handysize Vessel purchase Subsidiaries of Clipper Group Baltic Trading Limited item	Nov. 13, 2013 Predecessor Yangfan Group Co., LTD Agreement to Purchase Ultramax Drybulk Vessels Baltic Trading Limited item	Nov. 13, 2013 Predecessor 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	31,396				1,013		1,013
Time charters acquired	16	450
Amortization of time charters acquired	434			(2)	(51)	(68)	(283)	(283)
Capitalized interest associated with newbuilding contracts			$ 208						$ 20	$ 0	$ 295	$ 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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The capitalized current asset related to an existing below-market time charter that is acquired with a vessel purchase which is amortized as an increase in voyage revenue over the remaining term of the existing charter.

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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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