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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2014
Jul. 09, 2014
Sep. 30, 2015
Cash flows from operating activities:      
Net loss $ (22,562)   $ (204,868)
Adjustments to reconcile net loss to net cash used in operating activities:      
Depreciation and amortization 17,356   58,933
Amortization of deferred financing costs 384   1,688
Amortization of time charters acquired 434    
Amortization of nonvested stock compensation expense 7,872   36,673
Impairment of vessel assets     35,396
Loss on disposal of vessels     900
Impairment of investment 0   32,536
Realized loss on sale of investment     662
Change in assets and liabilities:      
Decrease (increase) in due from charterers (2,400)   600
(Increase) decrease in prepaid expenses and other current assets 5,519   (89)
Increase (decrease) in accounts payable and accrued expenses (27,998)   8,266
Decrease in deferred revenue (104)   (381)
Increase in lease obligations 186   579
Deferred drydock costs incurred (2,977)   (10,288)
Net cash used in operating activities (24,290)   (39,393)
Cash flows from investing activities:      
Purchase of vessels, including deposits (918)   (46,129)
Purchase of other fixed assets (30)   (586)
Sale of AFS securities     688
Changes in deposits of restricted cash 125   19,630
Net cash used in investing activities (823)   (26,397)
Cash flows from financing activities:      
Payment of dividend by subsidiary (512)    
Cash settlement of non-accredited Note holders (375)   (748)
Payment of deferred financing costs (471)   (4,541)
Net cash provided by (used in) financing activities (4,344)   26,854
Net (decrease) increase in cash and cash equivalents (29,457)   (38,936)
Cash and cash equivalents at beginning of period 136,077   83,414
Cash and cash equivalents at end of period 106,620 $ 136,077 44,478
$100 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility (1,923)   (5,769)
$253 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility     (16,875)
2015 Revolving Credit Facility      
Cash flows from financing activities:      
Proceeds from credit facility     35,000
$44 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility (688)   (2,063)
$22 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility (375)   (1,125)
2014 Baltic Trading Term Loan Facilities      
Cash flows from financing activities:      
Repayments on Term Loan Facility     (1,381)
Line of Credit facility | $148 Million Credit Facility      
Cash flows from financing activities:      
Proceeds from credit facility     131,500
Repayment of line of credit facility     (4,894)
Line of Credit facility | 2010 Credit Facility      
Cash flows from financing activities:      
Repayment of line of credit facility     $ (102,250)
Predecessor      
Cash flows from operating activities:      
Net loss   (1,013,250)  
Adjustments to reconcile net loss to net cash used in operating activities:      
Non-cash reorganization items and fresh-start reporting adjustments, net   880,408  
Depreciation and amortization   75,952  
Amortization of deferred financing costs   4,461  
Amortization of time charters acquired   (68)  
Amortization of discount on Convertible Senior Notes   1,592  
Interest expense related to the de-designation of the interest rate swap   1,048  
Amortization of nonvested stock compensation expense   4,352  
Impairment of investment   0  
Change in assets and liabilities:      
Decrease (increase) in due from charterers   1,047  
(Increase) decrease in prepaid expenses and other current assets   (11,735)  
Increase (decrease) in accounts payable and accrued expenses   32,534  
Decrease in deferred revenue   (600)  
Increase in lease obligations   195  
Deferred drydock costs incurred   (9,253)  
Net cash used in operating activities   (33,317)  
Cash flows from investing activities:      
Purchase of vessels, including deposits   (29,995)  
Purchase of other fixed assets   (415)  
Changes in deposits of restricted cash   (125)  
Net cash used in investing activities   (30,535)  
Cash flows from financing activities:      
Payment of dividend by subsidiary   (2,046)  
Proceeds from Rights Offering   100,000  
Payment of common stock issuance costs by subsidiary   (111)  
Payment of deferred financing costs   (4,515)  
Net cash provided by (used in) financing activities   77,207  
Net (decrease) increase in cash and cash equivalents   13,355  
Cash and cash equivalents at beginning of period $ 136,077 122,722  
Cash and cash equivalents at end of period   136,077  
Predecessor | $100 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility   (3,846)  
Predecessor | $253 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility   (10,150)  
Predecessor | $44 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility   (1,375)  
Predecessor | $22 Million Term Loan Facility      
Cash flows from financing activities:      
Repayments on Term Loan Facility   $ (750)