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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details 3) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2014
Jul. 09, 2014
Dec. 31, 2015
Dec. 31, 2013
Income Taxes        
Ownership percentage held by each shareholder (as a percent)     5.00%  
Federal tax rate (as a percent)     4.00%  
Taxable income $ (212,362)   $ (252,547)  
Income tax expense 996   1,821  
Total revenue earned 1,584   $ 3,175  
Minimum        
Income Taxes        
Percentage of value of outstanding shares owned by the qualified shareholders     50.00%  
Maximum        
Income Taxes        
Combined ownership held by 5% shareholders (as a percent)     50.00%  
Federal tax rate (as a percent)     35.00%  
Percentage of shipping income attributable to transportation that begins or ends in the United States included in United States source shipping income (in hundredths)     50.00%  
Vessel Management Services        
Income Taxes        
Taxable income 2,178   $ 3,880  
Income tax expense 978   1,753  
Total revenue earned 3,893   6,410  
Vessel Management Services | Intersegment Elimination        
Income Taxes        
Total revenue earned (2,309)   (3,235)  
Predecessor        
Income Taxes        
Taxable income   $ (1,012,435)   $ (155,123)
Income tax expense   815   1,898
Total revenue earned   1,701   3,285
Predecessor | Vessel Management Services        
Income Taxes        
Taxable income   1,723   4,235
Income tax expense   776   1,864
Total revenue earned   3,857   7,856
Predecessor | Vessel Management Services | Intersegment Elimination        
Income Taxes        
Total revenue earned   $ (2,156)   (4,571)
Baltic Trading | United States        
Income Taxes        
Taxable income 450   1,706  
Income tax expense $ 18   $ 68  
Baltic Trading | Predecessor | Minimum        
Income Taxes        
Aggregate voting power held (as a percent)   50.00%    
Baltic Trading | Predecessor | United States        
Income Taxes        
Taxable income   $ 965   832
Income tax expense   $ 39   $ 34