XML 91 R50.htm IDEA: XBRL DOCUMENT v3.5.0.2
VESSEL ACQUISITIONS AND DISPOSITIONS (Details)
$ in Thousands
3 Months Ended 9 Months Ended
May 17, 2016
USD ($)
May 06, 2016
USD ($)
Dec. 30, 2014
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Sep. 30, 2016
USD ($)
Sep. 30, 2015
USD ($)
Dec. 31, 2015
USD ($)
Jul. 14, 2015
USD ($)
Dec. 31, 2014
USD ($)
Nov. 13, 2013
USD ($)
item
VESSEL ACQUISITIONS                      
Loss on sale of vessels           $ 77 $ 1,210        
Net proceeds from sale of vessel assets           1,923          
Genco Marine                      
VESSEL ACQUISITIONS                      
Broker Commission   2.0                  
Loss on sale of vessels $ 77     $ 0   77          
Net proceeds from sale of vessel assets   $ 2,187       1,923          
Baltic Trading                      
VESSEL ACQUISITIONS                      
Capitalized interest associated with new building contracts       0 $ 100 0 363        
Baltic Trading | Baltic Wasp                      
VESSEL ACQUISITIONS                      
Final payment for vessel     $ 19,645                
Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading                      
VESSEL ACQUISITIONS                      
Capacity of vessels | item                     64,000
Purchase price per vessel                     $ 28,000
Number of vessels purchased | item                     2
Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading | Maximum                      
VESSEL ACQUISITIONS                      
Number of vessels committed to be acquired under purchase agreement | item                     4
Aggregate purchase price for vessels                     $ 112,000
Number of vessels purchased under option to be acquired per purchase agreement | item                     2
Line of Credit Facility | $148 Million Credit Facility                      
VESSEL ACQUISITIONS                      
Face amount of term loan facility       $ 148,000 $ 148,000 $ 148,000 $ 148,000 $ 148,000 $ 148,000 $ 148,000