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DEBT - $495 Million Credit Facility (Details) - Secured Debt
$ in Thousands
 3 Months Ended
Feb. 28, 2019
USD ($)
item
Jun. 05, 2018
USD ($)
May 31, 2018
USD ($)
item
Mar. 31, 2019
USD ($)
item
Mar. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
$495 Million Credit Facility            
Line of Credit Facility            
Maximum borrowing capacity $ 495,000     $ 495,000   $ 495,000
Number of oldest vessels identified for sale for which debt will be paid down | item       7    
Remaining borrowing capacity       $ 0    
Repayment of secured debt       15,000 $ 0  
Long-term debt       $ 415,787   $ 430,577
Percentage limit of consolidated net income for which dividends can be paid       50.00%    
Collateral vessel replacement period       180 days    
Key covenant - Unrestricted cash and cash equivalents minimum       $ 30,000    
Key covenant – Percentage of unrestricted cash to total indebtedness       7.50%    
Minimum restricted cash required       $ 0    
Minimum working capital required       $ 0    
Maximum total indebtedness to total capitalization (as a ratio)       0.70    
Key covenant – Minimum time charters period       24 months    
$460 Million Credit Facility            
Line of Credit Facility            
Term of facilities     5 years      
Maximum borrowing capacity     $ 460,000      
Proceeds from credit facility   $ 460,000        
Number of oldest vessels identified for sale for which debt will be paid down | item     7      
Repaid value of loan when certain debt terms are met     $ 0      
Average age of collateral vessels for repayment of loan     17 years      
$460 Million Credit Facility | Period after December 31, 2018            
Line of Credit Facility            
Amount of periodic payment     $ 15,000      
$460 Million Credit Facility | Period upon final maturity on May 31, 2023            
Line of Credit Facility            
Final payment amount     $ 190,000      
$460 Million Credit Facility | LIBOR | Through December 31, 2018            
Line of Credit Facility            
Applicable margin over reference rate (as a percent)     3.25%      
$35,000 Scrubber Tranche            
Line of Credit Facility            
Maximum borrowing capacity $ 35,000     $ 35,000    
Number of Capesize vessels for which the scrubber installation will be financed | item 17          
Percentage of scrubber costs to be financed 90.00%          
$35,000 Scrubber Tranche | Period To March 30, 2020            
Line of Credit Facility            
Minimum amount required per borrowing $ 5,000          
$35,000 Scrubber Tranche | Through September 30, 2019            
Line of Credit Facility            
Applicable margin over reference rate (as a percent) 2.50%          
$35,000 Scrubber Tranche | Period After March 31, 2020            
Line of Credit Facility            
Term of facilities 4 years          
Amount of periodic payment $ 2,500          
Minimum | $495 Million Credit Facility            
Line of Credit Facility            
Collateral security maintenance test (as a percent)       135.00%    
Minimum | $460 Million Credit Facility | LIBOR | Period after December 31, 2018            
Line of Credit Facility            
Applicable margin over reference rate (as a percent)     3.00%      
Minimum | $35,000 Scrubber Tranche | Period After September 30, 2019            
Line of Credit Facility            
Applicable margin over reference rate (as a percent) 2.25%          
Maximum | $495 Million Credit Facility            
Line of Credit Facility            
Collateral security maintenance test (as a percent)       200.00%    
Maximum | $460 Million Credit Facility | LIBOR | Period after December 31, 2018            
Line of Credit Facility            
Applicable margin over reference rate (as a percent)     3.50%      
Maximum | $35,000 Scrubber Tranche | Period After September 30, 2019            
Line of Credit Facility            
Applicable margin over reference rate (as a percent) 2.75%