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CASH FLOW INFORMATION (Details) - USD ($)
$ in Thousands
6 Months Ended 12 Months Ended
Dec. 31, 2014
Jul. 09, 2014
Dec. 31, 2015
Dec. 31, 2013
Non-cash investing and financing activities        
Professional fees and trustee fees recognized in Reorganization items before fresh-start adjustments, net $ 1,591   $ 1,085  
Cash paid for professional fees and trustee fees for Reorganization items 32,794   1,351  
Reclassification from deposits on vessels to vessels, net of accumulated depreciation 9,140 $ 0 25,593  
Cash paid for interest 5,483   16,548  
Cash paid for estimated income taxes 750   2,085  
Predecessor        
Non-cash investing and financing activities        
Professional fees and trustee fees recognized in Reorganization items before fresh-start adjustments, net   35,232    
Cash paid for professional fees and trustee fees for Reorganization items   2,703    
Reclassification from deposits on vessels to vessels, net of accumulated depreciation       $ 0
Reclassification of fixed assets to vessel assets   984    
Cash paid for interest   40,209   75,133
Cash paid for estimated income taxes   1,495   1,275
Accounts payable and accrued expenses.        
Non-cash investing and financing activities        
Non-cash investing activities purchase of vessels, including deposits 464   236  
Non-cash investing activities purchase of other fixed assets 22   121  
Non-cash financing activities deferred financing costs 2,190   101  
Reorganization professional and trustee fees incurred 313   48  
Accounts payable and accrued expenses. | Predecessor        
Non-cash investing and financing activities        
Non-cash investing activities purchase of vessels, including deposits   53   618
Non-cash investing activities purchase of other fixed assets   20   122
Non-cash financing activities deferred financing costs   456   78
Reorganization professional and trustee fees incurred   $ 32,529    
Non-cash financing activities common stock issuance costs       111
Current Interest Payable | Predecessor        
Non-cash investing and financing activities        
Non-cash financing activities deferred financing costs       $ 13,199
Prepaid expenses and other current assets        
Non-cash investing and financing activities        
Non-cash investing activities purchase of vessels including deposits included in prepaid expense and other current assets $ 7   (14)  
Non-cash sale of AFS Securities     $ 148