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DEBT - $108 Million Credit Facility (Details)
$ in Thousands
 3 Months Ended
Aug. 14, 2018
USD ($)
item
Mar. 31, 2019
USD ($)
Sep. 30, 2018
USD ($)
Mar. 31, 2018
USD ($)
Dec. 31, 2018
USD ($)
Jul. 12, 2018
item
Jun. 06, 2018
item
Agreement To Purchase Ultramax And Capesize Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item             4
Agreement to Purchase Capesize Drybulk Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item           2 2
Agreement To Purchase Ultramax Drybulk Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item             2
Secured Debt | $108 Million Credit Facility              
Line of Credit Facility              
Term of facilities 5 years            
Maximum borrowing capacity $ 108,000 $ 108,000 $ 108,000   $ 108,000    
Proceeds from credit facility     $ 108,000        
Maximum facility amount of fair market value of aggregate vessels at delivery (as a percent)     45.00%        
Remaining borrowing capacity   0          
Repayment of secured debt   1,580   $ 0      
Long-term debt   $ 103,086     $ 104,571    
Repaid value of loan when certain debt terms are met $ 0            
Average age of collateral vessels for repayment of loan 20 years            
Amount of repayment per quarter $ 1,580            
Percentage limit of consolidated net income for which dividends can be paid 50.00%            
Key covenant - Unrestricted cash and cash equivalents minimum $ 30,000            
Key covenant – Percentage of unrestricted cash to total indebtedness 7.50%            
Minimum working capital required $ 0            
Maximum total indebtedness to total capitalization (as a ratio) 0.70            
Secured Debt | $108 Million Credit Facility | LIBOR | Through September 30, 2019              
Line of Credit Facility              
Applicable margin over reference rate (as a percent) 2.50%            
Secured Debt | $108 Million Credit Facility | Agreement To Purchase Ultramax And Capesize Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item 6            
Secured Debt | $108 Million Credit Facility | Agreement to Purchase Capesize Drybulk Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item 4            
Secured Debt | $108 Million Credit Facility | Agreement To Purchase Ultramax Drybulk Vessels              
Line of Credit Facility              
Number of vessels committed to be acquired under purchase agreement | item 2            
Secured Debt | Minimum | $108 Million Credit Facility              
Line of Credit Facility              
Collateral security maintenance test (as a percent) 135.00%            
Secured Debt | Minimum | $108 Million Credit Facility | LIBOR | Period After September 30, 2019              
Line of Credit Facility              
Applicable margin over reference rate (as a percent) 2.25%            
Secured Debt | Maximum | $108 Million Credit Facility              
Line of Credit Facility              
Collateral security maintenance test (as a percent) 200.00%            
Secured Debt | Maximum | $108 Million Credit Facility | LIBOR | Period After September 30, 2019              
Line of Credit Facility              
Applicable margin over reference rate (as a percent) 2.75%