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RELATED PARTY TRANSACTIONS (Details) (USD $)
 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Jan. 10, 2013
Dec. 15, 2012
Related Party Transaction [Line Items]          
Total costs for services recognized under the Management Agreement 3,930,000 $ 3,821,000 $ 3,686,000    
Noncash share-based compensation expense recognized 1,541,000 67,000 2,838,000    
Share component price (in dollars per share)         $ 8.52
Share price as of the transaction date (in dollars per share)       $ 9.50  
Share-based compensation arrangement shares cliff vesting period, first range (in years)   4 years      
Number of restricted shares for which requirements have been lifted       174,000  
Costs and expenses, related party 3,930,000 3,821,000 3,686,000    
Number of tankers withdrawn from pool 9        
Scandic American Shipping Ltd [Member]
          
Related Party Transaction [Line Items]          
Manager's right to ownership of company's total outstanding shares (in hundredths) 2.00%        
New amount of management fee due to decrease/increase in the period 150,000 500,000      
Previous amount of management fee before decrease/increase in the period 500,000 350,000      
Accounts payable 1,500,000 900,000      
Underwritten public offering of common shares 5,500,000        
Restricted shares issued to the Manager (in shares) 112,245 4,612      
Fair value of shares issued to manager (in dollars per share) 13.73 $ 14.45      
Number of follow-on offerings 9        
Restricted shares issued in connection to follow-on offerings (in shares) 1,054,833        
Agreement to acquire shares         100.00%
Purchase price         25,000,000
Purchase price paid in shares         17,000,000
Purchase price paid in cash         8,000,000
Share component price (in dollars per share)       $ 8.90  
Restricted shares authorized (in shares)   400,000      
Restricted shares issued to the Manager (in shares)   174,000      
Share-based compensation arrangement shares authorized and issued, first range (in shares)   100,000      
Share-based compensation arrangement shares cliff vesting period, second range (in years)   5 years      
Share-based compensation arrangement shares authorized and issued, second range (in shares)   74,000      
Ownership of company by Manager and Owners (in hundredths) 2.17%        
Management Agreement remaining term (in years) 10 years        
Continuous length of the Management Agreement unless terminated (in years) 10 years        
Director [Member]
          
Related Party Transaction [Line Items]          
Total costs for services recognized under the Management Agreement 100,000 100,000 100,000    
Accounts payable 0 0      
Costs and expenses, related party 100,000 100,000 100,000    
Advisor to the Chairman [Member]
          
Related Party Transaction [Line Items]          
Total costs for services recognized under the Management Agreement 100,000 100,000 100,000    
Accounts payable 0 0      
Costs and expenses, related party 100,000 100,000 100,000    
Orion Tankers Pool [Member]
          
Related Party Transaction [Line Items]          
Related party receivable 37,000,000 18,900,000      
Initial funding per vessel 200,000 200,000      
Number of months working capital is to be repaid (in months) 6        
Accounts receivable, net related party 12,900,000 $ 1,600,000