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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES-Taxes (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Income Taxes        
Total revenue earned $ 1,016 $ 828 $ 2,240 $ 2,457
Taxable income (27,097) (73,511) (191,886) (203,315)
Income tax expense 417 292 766 1,553
Vessel Management Services        
Income Taxes        
Total revenue earned 1,016 1,012 2,240 5,692
Taxable income 829 593 1,619 3,323
Income tax expense 417 269 766 1,499
Vessel Management Services | Intersegment Elimination        
Income Taxes        
Total revenue earned 0 184 0 3,235
Baltic Trading | United States        
Income Taxes        
Taxable income   583   1,348
Income tax expense $ 0 $ 23 $ 0 $ 54