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LIQUIDITY, CAPITAL RESOURCES AND SUBSEQUENT EVENTS (Detail textuals)
$ in Millions
12 Months Ended
Dec. 31, 2018
USD ($)
Newbuilding
Dec. 31, 2017
USD ($)
Newbuilding
Dec. 31, 2016
USD ($)
Newbuilding
Liquidity And Capital Resources [Line Items]      
Cash position $ 127.0 $ 134.0 $ 76.0
Undrawan credit facilities $ 406.0    
Newbuildings on order for delivery | Newbuilding 9 10 4
Total outstanding CAPEX related to newbuildings $ 258.0 $ 307.0 $ 149.0
Value of borrowings [1] 729.5 719.1 671.6
Scheduled minimum payments on mortgage debt and bank loans in 2018 92.0    
Credit facility      
Liquidity And Capital Resources [Line Items]      
Undrawan credit facilities 279.0 $ 271.0 $ 190.0
Working capital facility      
Liquidity And Capital Resources [Line Items]      
Undrawan credit facilities 75.0    
Term facility I      
Liquidity And Capital Resources [Line Items]      
Value of borrowings 331.0    
Term facility II      
Liquidity And Capital Resources [Line Items]      
Value of borrowings 104.0    
Bilateral borrowing facility | ABN AMRO Bank      
Liquidity And Capital Resources [Line Items]      
Undrawan credit facilities 70.0    
Bilateral borrowing facility | Danish ship finance      
Liquidity And Capital Resources [Line Items]      
Undrawan credit facilities 46.0    
Bilateral loan agreements | China export import Bank      
Liquidity And Capital Resources [Line Items]      
Value of borrowings 112.0    
Bilateral loan agreements | Danish ship finance      
Liquidity And Capital Resources [Line Items]      
Value of borrowings 141.0    
Total balloon payments 72.0    
Bilateral loan agreements | ING      
Liquidity And Capital Resources [Line Items]      
Value of borrowings $ 42.0    
[1] The carrying value of the Group's mortgage debt and bank loans is, because of floating interest rate, approximate to fair value. The carrying value are excluding amortized bank fees recognized in the balance sheet.