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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 4) |  | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jul. 10, 2015 | Dec. 31, 2015 derivative item | Dec. 31, 2014 USD ($) derivative customer item | Jul. 09, 2014 USD ($) customer | Dec. 31, 2015 USD ($) derivative customer item | Dec. 31, 2013 USD ($) derivative customer
Concentration Risk |  |  |  |  |  |
Percentage of revenue earned (as a percent) | 100.00% | 100.00% |  |  | 100.00% |
Number of customers | customer |  |  | 44 |  | 52 |
Total revenue earned |  |  | $ 1,584,000 |  | $ 3,175,000 |
Number of financial institutions with which the entity maintains its cash and cash equivalents | item |  | 3 | 3 |  | 3 |
Number of interest rate swaps | derivative |  | 0 | 0 |  | 0 |
Voyage Revenues |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Major Customers | customer |  |  | 2 |  | 3 |
Concentration risk percentage (as a percent) |  |  | 10.00% |  | 10.00% |
Voyage Revenues | Cargill International S.A. |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Concentration risk percentage (as a percent) |  |  | 17.06% |  |  |
Voyage Revenues | Swissmarine Services S.A. |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Total revenue earned |  |  |  |  | $ 24.37 |
Concentration risk percentage (as a percent) |  |  | 22.52% |  |  |
Voyage Revenues | Clipper Group |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Total revenue earned |  |  |  |  | 19.09 |
Voyage Revenues | Pioneer Navigation Ltd |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Total revenue earned |  |  |  |  | $ 13.03 |
Predecessor |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Percentage of revenue earned (as a percent) |  |  |  | 100.00% |  | 100.00%
Number of customers | customer |  |  |  | 33 |  | 48
Total revenue earned |  |  |  | $ 1,701,000 |  | $ 3,285,000
Number of interest rate swaps | derivative |  |  |  |  |  | 4
Predecessor | Voyage Revenues |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Major Customers | customer |  |  |  | 2 |  | 3
Concentration risk percentage (as a percent) |  |  |  | 10.00% |  | 10.00%
Predecessor | Voyage Revenues | Cargill International S.A. |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Concentration risk percentage (as a percent) |  |  |  | 19.37% |  | 21.45%
Predecessor | Voyage Revenues | Swissmarine Services S.A. |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Concentration risk percentage (as a percent) |  |  |  | 20.67% |  | 18.73%
Predecessor | Voyage Revenues | Pacific Basin Chartering Ltd. |  |  |  |  |  |
Concentration Risk |  |  |  |  |  |
Concentration risk percentage (as a percent) |  |  |  |  |  | 10.30%

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