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GENERAL INFORMATION (Details) $ / shares in Units, $ in Thousands |  |  |  |  | 5 Months Ended | 9 Months Ended |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Oct. 13, 2016 USD ($) $ / shares shares | Jul. 07, 2016 | Apr. 15, 2016 shares | Apr. 07, 2015 USD ($) item shares | Dec. 31, 2015 USD ($) shares | Sep. 30, 2016 USD ($) item shares | Sep. 30, 2015 USD ($) | Jun. 29, 2016 | Jun. 28, 2016 | Jun. 08, 2016 USD ($) | Apr. 14, 2016 shares | Jul. 17, 2015
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Common Stock, Shares Authorized | shares |  |  | 500,000,000 |  | 500,000,000 | 500,000,000 |  |  |  |  | 250,000,000 |
Preferred Stock, Shares Authorized | shares |  |  | 100,000,000 |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |
Number of credit facilities | item |  |  |  |  |  | 9 |  |  |  |  |  |
Number of credit facilities with waiver | item |  |  |  |  |  | 9 |  |  |  |  |  |
Business Acquisition |  |  |  |  |  |  |  |  |  |  |  |
Equity effect of purchase of entities under common control |  |  |  |  |  |  | $ 590 |  |  |  |  |
Peter C. Georgiopoulos |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Warrants exercisable | shares | 213,937 |  |  |  |  |  |  |  |  |  |  |
Peter C. Georgiopoulos | Restricted Stock |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) | shares | 68,581 |  |  |  |  |  |  |  |  |  |  |
Separation and release agreement | Peter C. Georgiopoulos |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Severance payment | $ 500 |  |  |  |  |  |  |  |  |  |  |
Minimum | Peter C. Georgiopoulos |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Exercise price per share | $ / shares | $ 259.10 |  |  |  |  |  |  |  |  |  |  |
Maximum | Peter C. Georgiopoulos |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Exercise price per share | $ / shares | $ 341.90 |  |  |  |  |  |  |  |  |  |  |
Baltic Trading Merger |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition |  |  |  |  |  |  |  |  |  |  |  |
Shares issued as purchase consideration | shares |  |  |  | 0.216 |  |  |  |  |  |  |  |
Ownership interest upon merger completion (as a percent) |  |  |  |  |  |  |  |  |  |  |  | 84.50%
Percentage ownership by others in merged company |  |  |  |  |  |  |  |  |  |  |  | 15.50%
Gain (loss) recognized |  |  |  |  | $ 0 |  |  |  |  |  |  |
Baltic Trading | Single Purpose Entities | Baltic Tiger and Baltic Lion |  |  |  |  |  |  |  |  |  |  |  |
Business Acquisition |  |  |  |  |  |  |  |  |  |  |  |
Number of single purpose entities | item |  |  |  | 2 |  |  |  |  |  |  |  |
Number of vessels owned by each entity | item |  |  |  | 1 |  |  |  |  |  |  |  |
Purchase price |  |  |  | $ 68,500 |  |  |  |  |  |  |  |
First-mortgage debt assumed |  |  |  | 40,563 |  |  |  |  |  |  |  |
Equity effect of purchase of entities under common control |  |  |  | $ 590 |  |  |  |  |  |  |  |
Common Stock |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Reverse stock split |  | 0.1 |  |  |  |  |  |  |  |  |  |
Common Stock | Minimum |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Reverse stock split |  |  | 0.04 |  |  |  |  |  |  |  |  |
Common Stock | Maximum |  |  |  |  |  |  |  |  |  |  |  |
Summary of Significant Accounting Policies |  |  |  |  |  |  |  |  |  |  |  |
Reverse stock split |  |  | 0.5 |  |  |  |  |  |  |  |  |
Period after which stock split is effective |  |  | 1 year |  |  |  |  |  |  |  |  |
$98 Million Credit Facility Commitment Letter |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  | $ 98,000 |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  |  |  |  | 120.00% | 140.00% |  |  |
Commitment Letter |  |  |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  |  | $ 400,000 |  |

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