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DEBT (Details 7)
$ in Thousands
12 Months Ended
Jan. 03, 2016
Jan. 02, 2016
USD ($)
Dec. 30, 2014
USD ($)
Oct. 24, 2014
USD ($)
Oct. 08, 2014
USD ($)
installment
Dec. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
Line of Credit Facility              
Debt classified as current liability           $ 588,434 $ 34,324
Secured Debt | 2014 Term Loan Facilities              
Line of Credit Facility              
Term of facilities         10 years    
Maximum facility amount of delivered cost per vessel (as a percent)         60.00%    
Maximum facility amount of delivered cost per vessel         $ 16,800    
Maximum facility amount of fair market value per vessel at delivery (as a percent)         60.00%    
Percentage of outstanding principal plus interest insured         95.00%    
Number of semi-annual installments in which the credit facility is to be repaid | installment         20    
Amount due per installment (as a percent)         4.16%    
Balloon payment of facility amount due at maturity (as a percent)         16.67%    
Minimum cash required to be maintained by each collateralized vessel           750  
Remaining borrowing capacity           0  
Long-term debt           31,069 $ 33,150
Debt classified as current liability           31,069  
Repayment of the outstanding debt              
2016           2,763  
2017           2,763  
2018           2,763  
2019           2,763  
2020           2,763  
Thereafter           17,254  
Long-term Line of Credit, Total           $ 31,069  
Amount of periodic payment   $ 681          
Collateral security maintenance test (as a percent)           130.00%  
Maintained Aggregate fair market value of the mortgaged vessels as a percentage of aggregate outstanding principal amount (as a percent) 132.50%         129.60%  
Secured Debt | 2014 Term Loan Facilities | LIBOR              
Line of Credit Facility              
Reference rate for interest payable         three or six-month LIBOR    
Applicable margin over reference rate (as a percent)         2.50%    
Secured Debt | 2014 Term Loan Facilities | Baltic Hornet              
Line of Credit Facility              
Maximum borrowing capacity         $ 16,800    
Period after latest vessel delivery date for first periodic repayment         6 months    
Drawdowns during the period       $ 16,800      
Secured Debt | 2014 Term Loan Facilities | Baltic Wasp              
Line of Credit Facility              
Maximum borrowing capacity         $ 16,800    
Period after latest vessel delivery date for first periodic repayment         6 months    
Drawdowns during the period     $ 16,350