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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - Sale of Vessels (Details) - USD ($) $ in Thousands | 3 Months Ended | 6 Months Ended
--- | --- | ---
Jun. 30, 2018 | Jun. 30, 2017 | Jun. 30, 2018 | Jun. 30, 2017
Gain on sale of vessels |  |  |  |
Gain on sale of vessels | $ 0 | $ 1,343 | $ 0 | $ 7,712
Genco Prosperity Limited |  |  |  |
Gain on sale of vessels |  |  |  |
Gain on sale of vessels |  | $ 1,343 |  |
Genco Wisdom, Genco Reliance, Genco Carrier, Genco Success And Genco Prosperity |  |  |  |
Gain on sale of vessels |  |  |  |
Gain on sale of vessels |  |  |  | $ 7,712

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- Definition Amount of gain (loss) on sale or disposal of property, plant and equipment assets, excluding oil and gas property and timber property. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64827811&loc=d3e1361-107760 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 360 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=84176398&loc=d3e2941-110230 + Details
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