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VESSEL ACQUISITIONS (Details) |  |  | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | ---
Dec. 31, 2014 USD ($) | Dec. 30, 2014 USD ($) | Jun. 30, 2015 USD ($) | Jun. 30, 2014 USD ($) | Jun. 30, 2015 USD ($) | Jun. 30, 2014 USD ($) | Nov. 13, 2013 USD ($) item
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Deposits on vessels | $ 25,593,000 |  | $ 19,926,000 |  | $ 19,926,000 |  |
Time charters acquired | 0 |  |  |  |  |  |
Baltic Trading Limited |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Capitalized interest associated with new building contracts |  |  | 139,000 |  | 263,000 |  |
Baltic Trading Limited | Baltic Wasp |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Final payment for vessel |  | $ 19,645,000 |  |  |  |  |
Predecessor |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Amortization of time charters acquired |  |  |  | $ 18,000 |  | $ 67,000 |
Predecessor | Baltic Trading Limited |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Capitalized interest associated with new building contracts |  |  |  | $ 177,000 |  | $ 276,000 |
Predecessor | Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading Limited |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Capacity of vessels | item |  |  |  |  |  |  | 64,000
Total purchase price per vessel |  |  |  |  |  |  | $ 28,000,000
Number of vessels purchased | item |  |  |  |  |  |  | 2
Predecessor | Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading Limited | Maximum |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Number of vessels committed to be acquired under purchase agreement | item |  |  |  |  |  |  | 4
Aggregate purchase price |  |  |  |  |  |  | $ 112,000,000
Number of vessels purchased under option to be acquired per purchase agreement | item |  |  |  |  |  |  | 2
Line of Credit facility | Baltic Trading $148 Million Credit Facility |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |
Face amount of term loan facility | 148,000,000 |  | $ 148,000,000 |  | $ 148,000,000 |  |
Number of vessels expected to be purchased using term loan finance | $ 2 |  |  |  |  |  |

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