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DEBT - $133 Million Credit Facility (Details) - Secured Debt |  |  |  |  | 3 Months Ended
--- | --- | --- | --- | --- | ---
Mar. 31, 2021 USD ($) | Jun. 15, 2020 USD ($) | Jun. 11, 2020 USD ($) | Aug. 14, 2018 USD ($) item | Mar. 31, 2021 USD ($) | Mar. 31, 2020 USD ($)
$133 Million Credit Facility |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Maximum borrowing capacity | $ 133,000,000 |  |  |  | $ 133,000,000 |
Remaining borrowing capacity | 19,240,000 |  |  |  | 19,240,000 |
Repayment of secured debt |  |  |  |  | $ 22,740,000 | $ 1,580,000
$108 Million Credit Facility |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Maximum borrowing capacity |  |  |  | $ 108,000,000 |  |
Term of facilities |  |  |  | 5 years |  |
$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 |  |
Revolver |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Maximum borrowing capacity |  |  | $ 25,000,000 |  |  |
Drawdowns during the period |  | $ 24,000,000 |  |  |  |
Minimum amounts of borrowings |  |  | 1,000 |  |  |
Consecutive quarterly commitment reductions |  |  | $ 1,900,000 |  |  |
Threshold percentage of ratio of outstanding loan to aggregate appraised value of collateral vessels. |  |  | 60.00% |  |  |
Repayment of secured debt | $ 21,160,000 |  |  |  |  |
Revolver | LIBOR |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Applicable margin over reference rate for interest payable |  |  | 3.00% |  |  |

X
- Definition The amount of consecutive quarterly commitment reduction at the end of the reporting period. + References No definition available. + Details
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- Definition Threshold borrowing limit under the line of credit facility at the end of the of the reporting period. + References No definition available. + Details
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- Definition Represents the number of vessels committed to be acquired by the entity under purchase agreement. + References No definition available. + Details
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- Definition Threshold percentage of ratio of outstanding loan to the aggregate appraised value of collateral vessels. + References No definition available. + Details
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- Definition Period remaining on line of credit facility before it terminates, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
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- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
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