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CASH FLOW INFORMATION (Details) - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Non-cash investing and financing activities      
Professional fees and trustee fees recognized in Reorganization items before fresh-start adjustments, net $ 0 $ 272 $ 1,085
Cash paid for professional fees and trustee fees for Reorganization items 25 294 1,351
Reclassification from vessels to vessels held for sale   4,840  
Reclassification from deposits on vessels to vessels, net of accumulated depreciation 0 0 25,593
Cash paid for interest 25,098 25,619 16,548
Cash paid for estimated income taxes 0 703 2,085
Accounts payable and accrued expenses      
Non-cash investing and financing activities      
Non-cash investing activities purchase of other fixed assets 36 20 121
Reorganization professional and trustee fees incurred $ 0 25 48
Non-cash investing activities purchase of vessels, including deposits   35 236
Net proceeds from sale of vessels   27  
Payment of Series A Preferred Stock issuance costs   $ 1,103  
Non-cash financing activities settlement of non-accredited Note holders     101
Prepaid expenses and other current assets      
Non-cash investing and financing activities      
Non-cash investing activities purchase of vessels including deposits included in prepaid expense and other current assets     (14)
Non-cash sale of AFS Securities     $ 148