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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 2) - USD ($) $ in Thousands |  | 3 Months Ended | 6 Months Ended | 9 Months Ended
--- | --- | --- | --- | ---
Jul. 09, 2014 | Sep. 30, 2015 | Sep. 30, 2014 | Jul. 09, 2014 | Sep. 30, 2015
Voyage expense recognition |  |  |  |  |
Net loss (gain) on purchase and sale of bunker fuel |  | $ 2,394 | $ (36) |  | $ 5,054
Impairment of long-lived assets |  |  |  |  |
Impairment of vessel assets |  | 0 |  |  | 35,396
Loss on disposal of vessels |  |  |  |  |
Loss on sale of vessels |  | $ 0 |  |  | $ 1,210
Predecessor |  |  |  |  |
Voyage expense recognition |  |  |  |  |
Net loss (gain) on purchase and sale of bunker fuel | $ (3) |  |  | $ (252) |

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- Definition Represents the net gains (losses) resulting from the difference between the cost of bunker fuel delivered by the terminating charterer and the bunker fuel sold to the new charterer. + References No definition available. + Details
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- Definition Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=8077374&loc=d3e2420-110228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 28 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3602-108585 + Details
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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6391110&loc=d3e2941-110230 + Details
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