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STOCK-BASED COMPENSATION (Details) $ / shares in Units, $ in Thousands |  |  |  |  |  | 6 Months Ended | 12 Months Ended |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jul. 07, 2016 $ / shares shares | Feb. 17, 2016 item shares | Jul. 17, 2015 shares | Aug. 07, 2014 USD ($) $ / shares shares | Jul. 09, 2014 item shares | Jun. 30, 2016 USD ($) $ / shares shares | Jun. 30, 2015 USD ($) | Dec. 31, 2015 $ / shares shares | Jun. 26, 2015 shares | Mar. 13, 2014 shares | Mar. 03, 2010 shares
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  | 201,930 |  |  |  |  |
Common Stock | Subsequent event |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Reverse stock split | 0.1 |  |  |  |  |  |  |  |  |  |
2014 MIP Plan |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  |  | 74,040 |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  | 74,040 |  | 74,040 |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 200.00 |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 200.00 |  | $ 200.00 |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  | 9,668,061 |  |  |  |  |  |
Reverse stock splits (in shares) |  |  |  |  | 966,806 |  |  |  |  |  |
Percentage of common stock outstanding ( In percent) |  |  |  |  | 1.80% |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  | $ 0 | $ 0 |  |  |  |
Unrecognized compensation cost related to nonvested stock awards |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  | $ 3,090 |  |  |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  |  | 1 year 1 month 6 days |  |  |  |  |
2014 MIP Plan | Warrants |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  |  | 5,704,974 |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  | 5,704,974 |  | 5,704,974 |  |  |
Weighted Average Exercise price |  |  |  |  |  |  |  |  |  |  |
Outstanding at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 303.12 |  |  |  |  |
Outstanding at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 303.12 |  | $ 303.12 |  |  |
Weighted-average remaining contractual life |  |  |  |  |  | 4 years 1 month 10 days |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 6.36 |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 6.36 |  | $ 6.36 |  |  |
Exercisable (in shares) |  |  |  |  |  | 2,852,487 |  |  |  |  |
Exercisable (in dollars per share) | $ / shares |  |  |  |  |  | $ 303.12 |  |  |  |  |
Weighted average remaining contractual life, exercisable |  |  |  |  |  | 4 years 1 month 10 days |  |  |  |  |
Number of anniversaries in which award vests |  |  |  | 3 years |  |  |  |  |  |  |
Number of tiers of MIP Warrants | item |  |  |  |  | 3 |  |  |  |  |  |
Volatility rate ( as a percent) |  |  |  | 43.91% |  |  |  |  |  |  |
Volatility rate term |  |  |  | 6 years |  |  |  |  |  |  |
Risk-free interest rate ( as a percent) |  |  |  | 1.85% |  |  |  |  |  |  |
Dividend rate ( as a percent) |  |  |  | 0.00% |  |  |  |  |  |  |
Total fair value of outstanding awards upon emergence from bankruptcy | $ |  |  |  | $ 54,436 |  |  |  |  |  |  |
Percentage of warrant vest for anniversaries of the grant date |  |  |  | 33.33% |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  | $ 7,574 |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |
Remainder of 2016 | $ |  |  |  |  |  | 3,965 |  |  |  |  |
2017 | $ |  |  |  |  |  | $ 3,609 |  |  |  |  |
2014 MIP Plan | Warrants | $259.10 Warrants |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  | 2,380,664 |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  |  |  | $ 7.22 |  |  |  |  |  |  |
2014 MIP Plan | Warrants | $259.10 Warrants | Subsequent event |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Warrant shares exercisable after reverse stock split | 238,066 |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares | $ 259.10 |  |  |  |  |  |  |  |  |  |
2014 MIP Plan | Warrants | $287.30 Warrants |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  | 2,467,009 |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  |  |  | $ 6.63 |  |  |  |  |  |  |
2014 MIP Plan | Warrants | $287.30 Warrants | Subsequent event |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Warrant shares exercisable after reverse stock split | 246,701 |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares | $ 287.30 |  |  |  |  |  |  |  |  |  |
2014 MIP Plan | Warrants | $341.90 Warrants |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  | 3,709,788 |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  |  |  | $ 5.63 |  |  |  |  |  |  |
2014 MIP Plan | Warrants | $341.90 Warrants | Subsequent event |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Warrant shares exercisable after reverse stock split | 370,979 |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares | $ 341.90 |  |  |  |  |  |  |  |  |  |
2015 EIP Plan |  |  |  |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  |  |  | 4,000,000 |  |
2015 EIP Plan | Subsequent event |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards, reverse stock split | 400,000 |  |  |  |  |  |  |  |  |  |
2015 EIP Plan | Restricted Stock Units |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  |  | 5,821 |  |  |  |  |
Granted (in shares) |  |  |  |  |  | 66,666 |  |  |  |  |
Vested (in shares) |  | (23,286) |  |  |  | (5,821) |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  | 66,666 |  | 5,821 |  |  |
Vested, post stock reverse split (in shares) |  | 2,328 |  |  |  |  |  |  |  |  |
Number of resignations from the Board of Directors | item |  | 2 |  |  |  |  |  |  |  |  |
Weighted Average Exercise price |  |  |  |  |  |  |  |  |  |  |
Weighted-average remaining contractual life |  |  |  |  |  | 10 months 17 days |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 71.50 |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  | 5.10 |  |  |  |  |
Vested (in dollars per share) | $ / shares |  |  |  |  |  | 71.50 |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 5.10 |  | $ 71.50 |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  | $ 30 | 0 |  |  |  |
Unrecognized compensation cost related to nonvested stock awards |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  | $ 299 |  |  |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  |  | 10 months 17 days |  |  |  |  |
2015 EIP Plan | Restricted Stock Units | Vested RSUs |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Number of shares vested |  |  |  |  |  | 7,440 |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Vested (in dollars per share) | $ / shares |  |  |  |  |  | $ 71.18 |  |  |  |  |
2015 EIP Plan | Restricted Stock Units | Board of Directors |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Number of common shares outstanding in respect of RSUs |  |  |  |  |  | 3,138 |  | 0 |  |  |
2015 EIP Plan | Restricted Stock |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  |  |  |  |  | 61,224 |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  | 61,224 |  |  |  |  |
Weighted Average Exercise price |  |  |  |  |  |  |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  | $ 5.20 |  |  |  |  |
Outstanding at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  | $ 5.20 |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  | $ 0 | 0 |  |  |  |
Unrecognized compensation cost related to nonvested stock awards |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  | $ 229 |  |  |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  |  | 2 years 4 months 17 days |  |  |  |  |
Baltic Trading Plan | Baltic Trading |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |
Vested (in shares) |  |  | (1,941,844) |  |  |  |  |  |  |  |
Weighted Average Fair Value |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  |  |  |  | 6,000,000 | 2,000,000
Additional disclosures |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  |  | $ 0 |  |  |  |

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- Definition The cumulative vested weighted average fair value pertaining to an equity-based award plan other than a stock (or unit) option plan in accordance with the terms of the arrangement. + References No definition available. + Details
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- Definition The number of shares into which fully or partially vested equity instruments, excluding stock (or unit) options, outstanding as of the balance sheet date can be currently converted under the option plan. + References No definition available. + Details
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- Definition The weighted average exercise price at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References No definition available. + Details
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- Definition The weighted average exercise price of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. + References No definition available. + Details
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- Definition Fair value of share-based awards outstanding other than options. + References No definition available. + Details
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- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period, on a post reverse stock split basis. + References No definition available. + Details
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- Definition "The maximum number of shares after reverse stock split (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). " + References No definition available. + Details
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- Definition Weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition A roll forward is a reconciliation of a concept from the beginning of a period to the end of a period. + References No definition available. + Details
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- Definition Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The maximum number of shares (or other type of equity) originally approved (usually by shareholders and board of directors), net of any subsequent amendments and adjustments, for awards under the equity-based compensation plan. As stock or unit options and equity instruments other than options are awarded to participants, the shares or units remain authorized and become reserved for issuance under outstanding awards (not necessarily vested). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(3) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Percentage of vesting of share-based compensation awards. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (a)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Expected term of share-based compensation awards, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.D.2) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section D -Subsection 2 + Details
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- Definition Reduction in the number of shares during the period as a result of a reverse stock split. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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