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DEBT (Details 4)
$ in Thousands
12 Months Ended
Dec. 23, 2013
USD ($)
Dec. 03, 2013
USD ($)
item
Dec. 31, 2015
USD ($)
Dec. 31, 2013
Dec. 31, 2014
USD ($)
Line of Credit Facility          
Debt classified as current liability     $ 588,434   $ 34,324
Secured Debt | $44 Million Term Loan Facility          
Line of Credit Facility          
Maximum borrowing capacity     44,000   44,000
Cash and cash equivalents and undrawn amount available for working capital required to be maintained     750    
Remaining borrowing capacity     0    
Long-term debt     38,500   $ 41,250
Debt classified as current liability     38,500    
Repayment of the outstanding debt          
2016     2,750    
2017     2,750    
2018     2,750    
2019     30,250    
Long-term Line of Credit, Total     38,500    
Secured Debt | $44 Million Term Loan Facility | Baltic Tiger and Baltic Lion          
Line of Credit Facility          
Minimum cash required to be maintained by each collateralized vessel     $ 1,000    
Predecessor | Secured Debt | $44 Million Term Loan Facility          
Line of Credit Facility          
Maximum borrowing capacity   $ 44,000      
Term of facilities       6 years  
Commitment fee on unused daily average unutilized commitment (as a percent)   0.75%      
Number of quarterly installments | item   23      
Amount of periodic payment   $ 688      
Period after last drawdown date for first periodic repayment   3 months      
Final payment amount   $ 28,188      
Amount of prepayments to have liens released   $ 18,000      
Maximum ratio of financial indebtedness to total assets (as a percent)   70.00%      
Consolidated net worth threshold, base amount   $ 786,360      
Consolidated net worth threshold, percentage of the value of any subsequent primary equity offerings (as a percent)   50.00%      
Collateral security maintenance test (as a percent)   125.00%      
Predecessor | Secured Debt | $44 Million Term Loan Facility | LIBOR          
Line of Credit Facility          
Reference rate for interest payable   three-month LIBOR      
Applicable margin over reference rate (as a percent)   3.35%      
Predecessor | Secured Debt | $44 Million Term Loan Facility | Baltic Tiger          
Repayment of the outstanding debt          
Drawdowns during the period $ 21,400        
Predecessor | Secured Debt | $44 Million Term Loan Facility | Baltic Lion          
Repayment of the outstanding debt          
Drawdowns during the period $ 22,600