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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) $ in Thousands			3 Months Ended		9 Months Ended
	May 17, 2016 USD ($)	Jul. 17, 2015 segment	Sep. 30, 2016 USD ($)	Sep. 30, 2015 USD ($)	Sep. 30, 2016 USD ($) segment $ / item	Sep. 30, 2015 USD ($)	Jun. 08, 2016 item	Dec. 31, 2015 USD ($)
Segment reporting
Number of reportable segments | segment		2			1
Vessels, net
Estimated useful life					25 years
Depreciation expense			$ 17,077	$ 19,172	$ 54,752	$ 56,869
Estimated scrap value (in dollars per lightweight ton) | $ / item					310
Deferred revenue
Accrual related to estimated customer claims			398		$ 398			$ 498
Voyage expense recognition
Net loss on purchase and sale of bunker fuel and LCM adjustments			390	3,099	4,195	6,957
Other operating income
Other operating income			0	0	182	0
Impairment of vessel assets
Impairment of vessel assets					69,278	35,396
Number of vessels scrapped | item							9
Asset impairment loss					67,594
Loss on disposal of Vessels
Loss on sale of vessels					77	1,210
Baltic Tiger and Baltic Lion
Loss on disposal of Vessels
Loss on sale of vessels				$ 0		1,210
Baltic Tiger and Baltic Lion | Baltic Trading
Impairment of vessel assets
Impairment of vessel assets						$ 35,396
Genco Marine
Loss on disposal of Vessels
Loss on sale of vessels	$ 77		$ 0		77
Genco Marine | Genco Marine Limited [Member]
Impairment of vessel assets
Impairment of vessel assets					1,684
Bankruptcy settlement due | Samsun
Other operating income
Other operating income					$ 157

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Amount of write-down of assets recognized in the income statement. Includes, but is not limited to, losses from tangible assets, intangible assets and goodwill.

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Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher FASB
-Name Accounting Standards Codification
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-Section 45
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