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STOCK-BASED COMPENSATION (Details)
3 Months Ended 6 Months Ended 9 Months Ended
Jul. 29, 2015
shares
Jul. 17, 2015
shares
Jul. 13, 2015
shares
Aug. 07, 2014
USD ($)
$ / shares
shares
Jul. 10, 2014
item
shares
Jul. 09, 2014
shares
Apr. 09, 2014
shares
Sep. 30, 2014
USD ($)
shares
Jul. 09, 2014
USD ($)
Sep. 30, 2015
USD ($)
$ / shares
shares
Mar. 13, 2014
shares
Mar. 03, 2010
shares
Number of Shares                        
Balance at the end of the period (in shares) | shares                   798,615    
Directors | Baltic Trading                        
Number of Shares                        
Granted (in shares) | shares             36,345          
Restricted Stock Units | Directors                        
Number of Shares                        
Granted (in shares) | shares 58,215   16,188             74,403    
Vested/Exercisable (in shares) | shares   (16,188)           0   (16,188)    
Balance at the end of the period (in shares) | shares                   58,215    
Number of common shares outstanding in respect of RSUs | shares                   0    
Weighted Average Exercise price                        
Weighted-average remaining contractual life                   7 months 13 days    
Weighted Average Grant Date Price                        
Granted (in dollars per share)                   $ 7.11    
Vested/ Exercisable (in dollars per share)                   7.00    
Balance at the end of the period (in dollars per share)                   $ 7.15    
Additional disclosures                        
Total fair value of shares vested | $                   $ 116,000    
Unrecognized compensation cost related to nonvested stock awards                        
Unrecognized compensation cost | $                   $ 325,000    
Weighted-average period for recognition of unrecognized compensation cost                   7 months 13 days    
2005 and 2012 GS&T Plans | Predecessor                        
Number of Shares                        
Vested/Exercisable (in shares) | shares           (880,465)            
Additional disclosures                        
Total fair value of shares vested | $                 $ 691,000      
Baltic Trading Plan | Baltic Trading                        
Number of Shares                        
Balance at the beginning of the period (in shares) | shares                   1,941,844    
Vested/Exercisable (in shares) | shares   (1,941,844)               (1,941,844)    
Weighted Average Grant Date Price                        
Balance at the beginning of the period (in dollars per share)                   $ 3.80    
Vested/ Exercisable (in dollars per share)                   $ 3.80    
Additional disclosures                        
Total fair value of shares vested | $               $ 0   $ 2,913,000    
Baltic Trading Plan | Predecessor | Baltic Trading                        
Additional disclosures                        
Total fair value of shares vested | $                 $ 1,143,000      
Unrecognized compensation cost related to nonvested stock awards                        
Aggregate number of shares of common stock available for awards | shares                     6,000,000 2,000,000
2014 MIP Plan                        
Number of Shares                        
Balance at the beginning of the period (in shares) | shares                   1,110,600    
Vested/Exercisable (in shares) | shares               0   (370,200)    
Balance at the end of the period (in shares) | shares                   740,400    
Weighted Average Grant Date Price                        
Balance at the beginning of the period (in dollars per share)                   $ 20.00    
Vested/ Exercisable (in dollars per share)                   20.00    
Balance at the end of the period (in dollars per share)                   $ 20.00    
Additional disclosures                        
Total fair value of shares vested | $                   $ 2,662    
Unrecognized compensation cost related to nonvested stock awards                        
Unrecognized compensation cost | $                   $ 7,717,000    
Weighted-average period for recognition of unrecognized compensation cost                   1 year 10 months 6 days    
Aggregate number of shares of common stock available for awards | shares         9,668,061              
Percentage of common stock outstanding ( In percent)         1.80%              
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) | shares                   8,557,461    
Vested/Exercisable (in shares) | shares                   (2,852,487)    
Balance at the end of the period (in shares) | shares                   5,704,974    
Weighted Average Exercise price                        
Outstanding at the beginning of the period (in dollars per share)                   $ 30.31    
Exercisable (in dollars per share)                   30.31    
Outstanding at the end of the period (in dollars per share)                   $ 30.31    
Weighted-average remaining contractual life                   4 years 10 months 10 days    
Weighted Average Grant Date Price                        
Balance at the beginning of the period (in dollars per share)                   $ 6.36    
Vested/ Exercisable (in dollars per share)                   6.36    
Balance at the end of the period (in dollars per share)                   $ 6.36    
Weighted average remaining contractual life, exercisable                   4 years 10 months 10 days    
Additional disclosures                        
Total fair value of outstanding awards upon emergence from bankruptcy | $       $ 54,436,000                
Unrecognized compensation cost related to nonvested stock awards                        
Unrecognized compensation cost | $                   $ 18,912,000    
Volatility rate ( as a percent)       43.91%                
Volatility rate term       6 years                
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 | $                   3,807,000    
2016 | $                   11,496,000    
2017 | $                   $ 3,609,000    
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                        
Aggregate number of shares of common stock available for awards | shares       2,380,664                
Strike price (in dollars per share)       $ 25.91                
Fair value of warrant (in dollars per share)       $ 7.22                
2014 MIP Plan | MIP Warrants | $28.73 Warrants                        
Unrecognized compensation cost related to nonvested stock awards                        
Aggregate number of shares of common stock available for awards | shares       2,467,009                
Strike price (in dollars per share)       $ 28.73                
Fair value of warrant (in dollars per share)       $ 6.63                
2014 MIP Plan | MIP Warrants | $34.19 Warrants                        
Unrecognized compensation cost related to nonvested stock awards                        
Aggregate number of shares of common stock available for awards | shares       3,709,788                
Strike price (in dollars per share)       $ 34.19                
Fair value of warrant (in dollars per share)       $ 5.63