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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%