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REVENUE FROM TIME CHARTERS (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Oct. 26, 2016
REVENUE FROM TIME CHARTERS          
Voyage revenues $ 37,871 $ 49,167 $ 89,461 $ 116,548  
Profit sharing revenue $ 869 $ 0 $ 1,499 $ 0  
Future minimum time charter revenue          
Remainder of 2016         $ 8,148
Expected minimum time charter revenue         $ 2,592
Offhire period     20 days