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RELATED PARTY TRANSACTIONS (Details) - USD ($) $ / shares in Units, $ in Thousands | 12 Months Ended |
--- | --- | ---
Dec. 31, 2016 | Dec. 31, 2015 | Dec. 31, 2014 | Dec. 31, 2013
Related Party Transaction [Line Items] |  |  |  |
Warrants received (in shares) |  |  |  | 833,333
Warrants exercise price (in dollars per share) |  |  |  | $ 15.00
Scandic American Shipping Ltd [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Management fee received | $ 100,000 | $ 200,000 | $ 150,000 |
Board Member [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Accounts payable | 0 | 0 |  |
Costs and expenses, related party | 300 | 100 | 100 |
Immediate Family Member of the Chairman [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Accounts payable | 0 | 0 |  |
Costs and expenses, related party | 100 | 100 | 100 |
Nordic American Offshore Limited [Member] |  |  |  |
Related Party Transaction [Line Items] |  |  |  |
Costs and expenses, related party | $ 2,200 | $ 2,100 | 2,200 |
Success fees services |  |  | $ 1,500 |

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