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DEBT - $148M Revolving Credit (Details) $ in Thousands |  |  |  |  |  | 1 Months Ended | 12 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Oct. 07, 2015 USD ($) | Aug. 03, 2015 USD ($) | Feb. 27, 2015 USD ($) | Jan. 07, 2015 USD ($) | Dec. 31, 2014 USD ($) item | Dec. 31, 2015 USD ($) item | Aug. 31, 2015 item | Dec. 31, 2016 USD ($) | Dec. 31, 2015 USD ($) | Jul. 14, 2015 USD ($)
Secured Debt | Baltic Trading $33 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 33,000 |  |  |  |  |
Number of single term loans | item |  |  |  |  | 2 |  |  |  |  |
Number of vessels purchased by using term loan finance | item |  |  |  |  | 2 |  |  |  |  |
Period after latest vessel delivery date for first periodic repayment |  |  |  |  | 3 months |  |  |  |  |
Amount aggregate outstanding term loan due per installment (as a percent) |  |  |  |  | 1.667% |  |  |  |  |
Long-term debt |  |  |  |  |  | $ 32,086 |  | $ 0 | $ 32,086 |
Secured Debt | Baltic Trading $33 Million Term Loan Facility | Baltic Scorpion |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Maximum facility amount of delivered cost per vessel expected to be refinanced |  |  |  |  | $ 16,500 |  |  |  |  |
Drawdowns during the period |  | $ 16,500 |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  | 140.00% |  |  |  |  |  |  |  |
Secured Debt | Baltic Trading $33 Million Term Loan Facility | Baltic Mantis |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | 16,500 |  |  |  |  |
Drawdowns during the period | $ 16,500 |  |  |  |  |  |  |  |  |
Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 148,000 | $ 148,000 |  | 148,000 | 148,000 | $ 148,000
Commitment fee on unused daily average unutilized commitment (as a percent) |  |  |  |  | 1.20% |  |  |  |  |
Number of vessels mortgaged | item |  |  |  |  | 9 |  |  |  |  |
Minimum period for future time charter contracts to be secured under lien |  |  |  |  | 36 months |  |  |  |  |
Repayment of line of credit facility |  |  |  |  |  |  |  | 140,383 | 7,616 |
Drawdowns during the period |  |  |  |  |  |  |  |  | 148,000 |
Number of unencumbered vessels adding as additional collateral to cover the shortfall of fair value | item |  |  |  |  |  | 2 | 2 |  |  |
Line of Credit Facility | $148 Million Credit Facility | LIBOR |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Reference rate for interest payable |  |  |  |  | LIBOR |  |  |  |  |
Applicable margin over reference rate (as a percent) |  |  |  |  | 3.00% |  |  |  |  |
Line of Credit Facility | 2010 Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Repayment of line of credit facility |  |  |  | $ 102,250 |  |  |  |  | 102,250 |
Revolving Credit Facility | Baltic Trading $115 Million Revolving Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  | $ 115,000 |  |  |  |  |
Amount of consecutive quarterly reductions in maximum borrowing capacity |  |  |  |  | $ 2,447 |  |  |  |  |
Drawdowns during the period |  |  | $ 10,500 | 104,500 |  |  |  |  |  |
Long-term Line of Credit |  |  |  |  |  | $ 107,658 |  | $ 0 | $ 107,658 |
Revolving Credit Facility | 2010 Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Repayment of line of credit facility |  |  |  | $ 102,250 |  |  |  |  |  |
Up to December 31, 2015 | Secured Debt | Baltic Trading $33 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  |  |  |  |  |  | 130.00%
Up to December 31, 2015 | Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  |  |  |  |  |  | 130.00%
After December 31, 2015 | Secured Debt | Baltic Trading $33 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  |  |  |  |  |  | 140.00%
After December 31, 2015 | Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  |  |  |  |  |  |  | 140.00%

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- Definition Represents the aggregate fair value of the mortgaged vessels to be maintained as a percentage of aggregate outstanding principal amount as per the terms of the credit facilities' covenants. + References No definition available. + Details
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- Definition Represents the period after latest vessel delivery date for first periodic repayment of the line of credit facility. + References No definition available. + Details
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- Definition Represents the maximum delivered cost per vessel allowed under the credit facility expected to be financed using term loans. + References No definition available. + Details
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- Definition Represents the minimum contract period for future time charter contracts required to be secured by liens. + References No definition available. + Details
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- Definition Number of unencumbered assets adding as additional collateral to cover the shortfall of fair value of mortgaged assets. + References No definition available. + Details
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- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
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- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
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- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
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- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 + Details
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