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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%