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STOCK-BASED COMPENSATION (Details) $ / shares in Units, $ in Thousands |  |  |  | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | ---
Jul. 17, 2015 shares | Aug. 07, 2014 USD ($) $ / shares shares | Jul. 09, 2014 item shares | Jun. 30, 2015 USD ($) $ / shares shares | Jun. 30, 2015 USD ($) $ / shares shares | Jun. 30, 2014 USD ($) shares | Mar. 13, 2014 shares | Mar. 03, 2010 shares
Number of Shares |  |  |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  | 1,110,600 | 1,110,600 |  |  |
2005 and 2012 GS&T Plans | Predecessor |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |
Vested (in shares) |  |  | (880,465) |  |  | 0 |  |
Baltic Trading Plan | Baltic Trading Limited |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  | 1,941,844 |  |  |
Vested (in shares) | (1,941,844) |  |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  | 1,941,844 | 1,941,844 |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  | $ 3.80 |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  | $ 3.80 | $ 3.80 |  |  |
Additional disclosures |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  | $ 0 |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  | $ 3,666 | $ 3,666 |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  | 2 years 9 months 15 days |  |  |
Baltic Trading Plan | Predecessor | Baltic Trading Limited |  |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  | $ 1,143 |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  | 6,000,000 | 2,000,000
2014 MIP Plan |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  | 1,110,600 |  |  |
Vested (in shares) |  |  |  |  | 0 |  |  |
Balance at the end of the period (in shares) |  |  |  | 1,110,600 | 1,110,600 |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  | $ 20.00 |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  | $ 20.00 | $ 20.00 |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  | $ 10,021 | $ 10,021 |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  | 2 years 1 month 10 days |  |  |
Aggregate number of shares of common stock available for awards |  |  | 9,668,061 |  |  |  |  |
Percentage of common stock outstanding ( In percent) |  |  | 1.80% |  |  |  |  |
Volatility rate term |  | 6 years |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |
Number of anniversaries in which award vests |  | 3 years |  |  |  |  |  |
2014 MIP Plan | MIP Warrants |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  | 8,557,461 |  |  |
Balance at the end of the period (in shares) |  |  |  | 8,557,461 | 8,557,461 |  |  |
Weighted Average Exercise price |  |  |  |  |  |  |  |
Outstanding at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  | $ 30.31 |  |  |
Outstanding at the end of the period (in dollars per share) | $ / shares |  |  |  | $ 30.31 | 30.31 |  |  |
Weighted-average remaining contractual life |  |  |  | 5 years 1 month 10 days |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  | 6.36 |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  | $ 6.36 | $ 6.36 |  |  |
Additional disclosures |  |  |  |  |  |  |  |
Total fair value of outstanding awards upon emergence from bankruptcy | $ |  | $ 54,436 |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  | $ 24,558 | $ 24,558 |  |  |
Volatility rate ( as a percent) |  | 43.91% |  |  |  |  |  |
Risk-free interest rate ( as a percent) |  | 1.85% |  |  |  |  |  |
Dividend rate ( as a percent) |  | 0.00% |  |  |  |  |  |
Percentage of warrant vest for anniversaries of the grant date |  | 33.33% |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |
Remainder of 2015 | $ |  |  |  | 9,453 | 9,453 |  |  |
2016 | $ |  |  |  | 11,496 | 11,496 |  |  |
2017 | $ |  |  |  | $ 3,609 | $ 3,609 |  |  |
Number of tiers of MIP Warrants | item |  |  | 3 |  |  |  |  |
Number of anniversaries in which award vests |  | 3 years |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $25.91 Warrants |  |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 2,380,664 |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 25.91 |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 7.22 |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $28.73 Warrants |  |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 2,467,009 |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 28.73 |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 6.63 |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $34.19 Warrants |  |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 3,709,788 |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 34.19 |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 5.63 |  |  |  |  |  |

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