XML 101 R63.htm IDEA: XBRL DOCUMENT v3.3.0.814
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 1)
$ in Thousands
6 Months Ended 12 Months Ended
Oct. 04, 2013
USD ($)
shares
Dec. 31, 2014
USD ($)
item
$ / item
Jul. 09, 2014
USD ($)
Dec. 31, 2014
USD ($)
segment
item
$ / item
Dec. 31, 2013
USD ($)
item
shares
Dec. 31, 2012
USD ($)
SEGMENT INFORMATION            
Number of reportable segments | segment       2    
Voyage expense recognition            
Net (gains) losses on purchase and sale of bunker fuel | $   $ 852        
Number of vessels in vessel pools   8   8    
Other operating income            
Other operating income | $   $ 530        
Predecessor            
Voyage expense recognition            
Net (gains) losses on purchase and sale of bunker fuel | $     $ (252)   $ (567) $ (1,714)
Number of vessels in vessel pools         5  
Other operating income            
Other operating income | $     $ 0   $ 121 265
Samsun            
Other operating income            
Other operating income | $   $ 530        
Samsun | Predecessor            
Other operating income            
Other operating income | $       $ 530 $ 0 263
Baltic Trading Limited            
Voyage expense recognition            
Number of vessels in vessel pools   5   5    
Baltic Trading Limited | Predecessor            
Voyage expense recognition            
Number of vessels in vessel pools         4  
Korea Line Corporation            
Other operating income            
Other operating income | $       $ 0    
Korea Line Corporation | Predecessor            
Other operating income            
Other operating income | $         $ 21 $ 2
Number of shares received related to the rehabilitation plan (in shares) | shares 3,355       3,355  
Spot Market-Related Time Charter Agreement with Profit Sharing Element            
Voyage expense recognition            
Floor price (in dollars per unit) | $ / item   9   9    
Ceiling price (in dollars per unit) | $ / item   14   14    
Allocation of excess profit sharing amount (as a percent)       50.00%    
Percentage of average of the daily rates of BHSI used to determine charter agreement rates (as a percent)       115.00%    
Spot Market-Related Time Charter Agreement with Profit Sharing Element | Predecessor            
Voyage expense recognition            
Number of vessels under spot market-related time charters which include a profit-sharing element         4  
Clipper Logger Pool            
Voyage expense recognition            
Number of vessels in vessel pools   5   5    
Clipper Logger Pool | Predecessor            
Voyage expense recognition            
Number of vessels in vessel pools         2  
Clipper Logger Pool | Baltic Trading Limited            
Voyage expense recognition            
Number of vessels in vessel pools   2   2    
Clipper Logger Pool | Baltic Trading Limited | Predecessor            
Voyage expense recognition            
Number of vessels in vessel pools         2  
Bulkhandling Handymax A/S Pool            
Voyage expense recognition            
Number of vessels in vessel pools   2   2    
Bulkhandling Handymax A/S Pool | Baltic Trading Limited            
Voyage expense recognition            
Number of vessels in vessel pools   3   3    
Bulkhandling Handymax A/S Pool | Baltic Trading Limited | Predecessor            
Voyage expense recognition            
Number of vessels in vessel pools         2  
Navig8 Bulk Pool            
Voyage expense recognition            
Number of vessels in vessel pools   1   1    
LB/IVS Pool | Predecessor            
Voyage expense recognition            
Number of vessels in vessel pools         3  
Other Income | Korea Line Corporation | Predecessor            
Other operating income            
Fair value of shares received | $ $ 100       $ 100