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VESSEL ACQUISITIONS (Details) $ in Thousands |  | 6 Months Ended | 12 Months Ended |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 30, 2014 USD ($) | Dec. 31, 2014 USD ($) | Jul. 09, 2014 USD ($) | Dec. 31, 2015 USD ($) | Dec. 31, 2013 USD ($) | Jul. 14, 2015 USD ($) | Dec. 03, 2013 USD ($) | Nov. 13, 2013 USD ($) item | Oct. 31, 2013 USD ($) item | Aug. 30, 2013 USD ($) | Jul. 02, 2013 USD ($) item
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Deposits on vessels |  | $ 25,593 |  | $ 0 |  |  |  |  |  |  |
Time charters acquired |  | 0 |  | 0 |  |  |  |  |  |  |
Amortization of time charters acquired |  | (450) |  |  |  |  |  |  |  |  |
Time charters acquired |  | 0 |  |  |  |  |  |  |  |  |
Genco Bourgogne, Genco Muse, and Genco Spirit |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Time charters acquired |  |  | $ 450 |  |  |  |  |  |  |  |
Amortization of time charters acquired |  | (450) |  | 0 |  |  |  |  |  |  |
Baltic Trading |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Capitalized interest associated with new building contracts |  | 400 |  | 372 |  |  |  |  |  |  |
Baltic Trading | Baltic Wasp |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Final payment for vessel | $ 19,645 |  |  |  |  |  |  |  |  |  |
Predecessor |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Amortization of time charters acquired |  |  | 68 |  | $ 334 |  |  |  |  |  |
Predecessor | Baltic Trading |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Capitalized interest associated with new building contracts |  |  | $ 295 |  | $ 0 |  |  |  |  |  |
Predecessor | Agreement to Purchase Capesize Drybulk Vessels | Purchase agreement with SK Shipping Co LTD | Baltic Trading |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Aggregate purchase price |  |  |  |  |  |  |  |  | $ 103,000 |  |
Number of vessels purchased | item |  |  |  |  |  |  |  |  | 2 |  |
Predecessor | Handysize Vessel purchase | Subsidiaries of Clipper Group | Baltic Trading |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Aggregate purchase price |  |  |  |  |  |  |  |  |  |  | $ 41,000
Number of vessels purchased | item |  |  |  |  |  |  |  |  |  |  | 2
Predecessor | Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Capacity of vessels | item |  |  |  |  |  |  |  | 64,000 |  |  |
Total purchase price per vessel |  |  |  |  |  |  |  | $ 28,000 |  |  |
Number of vessels purchased | item |  |  |  |  |  |  |  | 2 |  |  |
Predecessor | Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading | Maximum |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Number of vessels committed to be acquired under purchase agreement | item |  |  |  |  |  |  |  | 4 |  |  |
Aggregate purchase price |  |  |  |  |  |  |  | $ 112,000 |  |  |
Number of vessels purchased under option to be acquired per purchase agreement | item |  |  |  |  |  |  |  | 2 |  |  |
Line of Credit facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Face amount of term loan facility |  | 148,000 |  | 148,000 |  | $ 148,000 |  |  |  |  |
Secured Debt | $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Face amount of term loan facility |  | 22,000 |  | 22,000 |  | $ 22,000 |  |  |  |  |
Secured Debt | $44 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Face amount of term loan facility |  | $ 44,000 |  | 44,000 |  |  |  |  |  |  |
Secured Debt | Predecessor | $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Face amount of term loan facility |  |  |  | $ 22,000 |  |  |  |  |  | $ 22,000 |
Secured Debt | Predecessor | $44 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |
VESSEL ACQUISITIONS AND DISPOSITIONS |  |  |  |  |  |  |  |  |  |  |
Face amount of term loan facility |  |  |  |  |  |  | $ 44,000 |  |  |  |

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