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DEBT - $44M Term Loan (Details) - Secured Debt - $44 Million Term Loan Facility $ in Thousands | Dec. 23, 2013 USD ($) | Dec. 03, 2013 USD ($) item | Dec. 31, 2016 USD ($) | Dec. 31, 2015 USD ($)
--- | --- | --- | --- | ---
Line of Credit Facility |  |  |  |
Maximum borrowing capacity |  |  |  | $ 44,000
Minimum cash balance required per vessel owned |  | $ 750 |  |
Long-term debt |  |  | $ 0 | $ 37,916
Baltic Tiger and Baltic Lion |  |  |  |
Line of Credit Facility |  |  |  |
Minimum cash required to be maintained by each collateralized vessel |  | 1,000 |  |
Predecessor |  |  |  |
Line of Credit Facility |  |  |  |
Maximum borrowing capacity |  | $ 44,000 |  |
Commitment fee on unused daily average unutilized commitment (as a percent) |  | 0.75% |  |
Number of quarterly installments | item |  | 23 |  |
Amount of periodic payment |  | $ 688 |  |
Period after last drawdown date for first periodic repayment |  | 3 months |  |
Final payment amount |  | $ 28,188 |  |
Amount of prepayments to have liens released |  | $ 18,000 |  |
Maximum ratio of financial indebtedness to total assets (as a percent) |  | 70.00% |  |
Consolidated net worth threshold, base amount |  | $ 786,360 |  |
Consolidated net worth threshold, percentage of the value of any subsequent primary equity offerings (as a percent) |  | 50.00% |  |
Collateral security maintenance test (as a percent) |  | 125.00% |  |
Predecessor | LIBOR |  |  |  |
Line of Credit Facility |  |  |  |
Reference rate for interest payable |  | three-month LIBOR |  |
Applicable margin over reference rate (as a percent) |  | 3.35% |  |
Predecessor | Baltic Tiger |  |  |  |
Line of Credit Facility |  |  |  |
Drawdowns during the period | $ 21,400 |  |  |
Predecessor | Baltic Lion |  |  |  |
Line of Credit Facility |  |  |  |
Drawdowns during the period | $ 22,600 |  |  |

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- Definition Represents the minimum cash required per vessel mortgaged under this facility. + References No definition available. + 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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