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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($) $ in Thousands |  | 3 Months Ended | 6 Months Ended | 9 Months Ended
--- | --- | --- | --- | ---
Jul. 09, 2014 | Sep. 30, 2015 | Sep. 30, 2014 | Dec. 31, 2014 | Jul. 09, 2014 | Sep. 30, 2015
Noncontrolling interest |  |  |  |  |  |
Net loss attributable to noncontrolling interest |  | $ 7,178 | $ 4,272 | $ 31,064 |  | $ 59,471
Predecessor |  |  |  |  |  |
Noncontrolling interest |  |  |  |  |  |
Net loss attributable to noncontrolling interest | $ 53,935 |  |  |  | $ 62,101 |
Baltic Trading |  |  |  |  |  |
Noncontrolling interest |  |  |  |  |  |
Economic interest held by noncontrolling interest (as a percent) |  |  |  | 89.15% |  |
Voting power (as a percent) |  |  |  | 35.40% |  |

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