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STOCK-BASED COMPENSATION- Stock Amortization Expense (Details) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
General and Administrative Expense | Baltic Trading        
STOCK-BASED COMPENSATION        
Recognized nonvested stock amortization expense   $ 791   $ 1,608
2014 MIP Plan | General and Administrative Expense        
STOCK-BASED COMPENSATION        
Recognized nonvested stock amortization expense $ 1,537 3,382 $ 3,073 6,727
2014 MIP Plan | Warrants | General and Administrative Expense        
STOCK-BASED COMPENSATION        
Recognized nonvested stock amortization expense 3,765 $ 8,289 7,531 $ 16,488
2015 EIP Plan        
STOCK-BASED COMPENSATION        
Recognized nonvested stock amortization expense 60   90  
2015 EIP Plan | General and Administrative Expense | Restricted Stock Units        
STOCK-BASED COMPENSATION        
Recognized nonvested stock amortization expense $ 79   $ 234