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DEBT - $133 Million Credit Facility (Details)
$ in Thousands
 3 Months Ended 12 Months Ended
Jun. 15, 2020
USD ($)
Jun. 11, 2020
USD ($)
Nov. 05, 2019
USD ($)
Aug. 14, 2018
USD ($)
item
Sep. 30, 2018
USD ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Jul. 12, 2018
item
Jun. 06, 2018
item
Repayment of the outstanding debt                    
Total debt           $ 449,228 $ 495,824      
Agreement to Purchase Capesize Drybulk Vessels                    
Line of Credit Facility                    
Number of vessels committed to be acquired under purchase agreement | item                 2  
$133 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                   4
$133 Million Credit Facility | Agreement to Purchase Capesize Drybulk Vessels                    
Line of Credit Facility                    
Number of vessels committed to be acquired under purchase agreement | item                   2
$133 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 | $133 Million Credit Facility                    
Line of Credit Facility                    
Maximum borrowing capacity           133,000        
Term of facilities       5 years            
Drawdowns during the period           24,000   $ 108,000    
Debt covenant to pay dividends or repurchase stock - Total cash and cash equivalents to total indebtedness (as a percent)     18.75%              
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            
Remaining borrowing capacity           0        
Repayment of secured debt           9,160 6,320 $ 1,580    
Long-term debt           113,509 98,648      
Repayment of the outstanding debt                    
2021           14,000        
2022           14,000        
2023           86,940        
Total debt           114,940 $ 100,100      
Secured Debt | $108 Million Credit Facility                    
Line of Credit Facility                    
Maximum borrowing capacity       $ 108,000            
Number of vessels to serve as collateral under debt agreement | item       6            
Drawdowns during the period         $ 108,000          
Maximum facility amount of fair market value of aggregate vessels at delivery (as a percent)         45.00%          
Repaid value of loan when certain debt terms are met       $ 0            
Average age of collateral vessels for repayment of loan       20 years            
Amount of periodic payment       $ 1,580            
Repayment of the outstanding debt                    
Total debt           $ 114,940        
Secured Debt | $108 Million Credit Facility | LIBOR                    
Line of Credit Facility                    
Reference rate       LIBOR            
Secured Debt | $108 Million Credit Facility | LIBOR | Through September 30, 2019                    
Line of Credit Facility                    
Applicable margin over reference rate for interest payable       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 | Revolver                    
Line of Credit Facility                    
Maximum borrowing capacity   $ 25,000                
Drawdowns during the period $ 24,000                  
Minimum amounts of borrowings   1,000                
Consecutive quarterly commitment reductions   $ 1,900                
Threshold percentage of ratio of outstanding loan to aggregate appraised value of collateral vessels.   60.00%                
Secured Debt | Revolver | LIBOR                    
Line of Credit Facility                    
Reference rate   LIBOR                
Applicable margin over reference rate for interest payable   3.00%                
Secured Debt | Minimum | $133 Million Credit Facility                    
Line of Credit Facility                    
Debt covenant to pay dividends or repurchase stock - Total cash and cash equivalents     $ 100,000              
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 for interest payable       2.25%            
Secured Debt | Maximum | $133 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 for interest payable       2.75%