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DEBT - $22M Term Loan (Details) $ in Thousands | Sep. 04, 2013 USD ($) | Sep. 04, 2013 | Aug. 30, 2013 USD ($) item | Sep. 30, 2016 USD ($) | Jul. 01, 2016 | Jun. 30, 2016 | Dec. 31, 2015 USD ($) | Sep. 30, 2015 USD ($) | Jul. 14, 2015 USD ($)
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Line of Credit Facility |  |  |  |  |  |  |  |  |
Debt classified as current liability |  |  |  | $ 540,455 |  |  | $ 579,023 |  |
Secured Debt | $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  | $ 22,000 | 22,000 |  |  | 22,000 | $ 22,000 | $ 22,000
Term of facilities |  | 6 years |  |  |  |  |  |  |
Commitment fee on unused daily average unutilized commitment (as a percent) |  |  | 1.00% |  |  |  |  |  |
Number of quarterly installments | item |  |  | 23 |  |  |  |  |  |
Amount of periodic payment |  |  | $ 375 |  |  |  |  |  |
Final payment amount |  |  | $ 13,375 |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  | 125.00% | 110.00% |  |  |
Remaining borrowing capacity |  |  |  | 0 |  |  |  |  |
Long-term debt |  |  |  | 17,201 |  |  | $ 18,249 |  |
Debt classified as current liability |  |  |  | $ 17,201 |  |  |  |  |
Period after latest vessel delivery date for first periodic repayment |  |  | 3 months |  |  |  |  |  |
Secured Debt | $22 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% |  |  |  |  |  |
Secured Debt | $22 Million Term Loan Facility | Baltic Fox |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Drawdowns during the period | $ 11,270 |  |  |  |  |  |  |  |
Secured Debt | $22 Million Term Loan Facility | Baltic Hare |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Drawdowns during the period | $ 10,730 |  |  |  |  |  |  |  |

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