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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details) (USD $)
12 Months Ended
Dec. 31, 2013
Subsidiary
Agreement
Segment
Vessel
Dec. 31, 2012
Tanker
Vessel
Dec. 31, 2011
Dec. 31, 2004
Vessel
Orion Tankers Pool [Abstract]        
Number of tankers withdrawn from pool   9    
Cash and Cash Equivalents [Abstract]        
Original maturities of deposits classified as cash and cash equivalents 3 months      
Vessels, Net [Abstract]        
Number of types of vessel 1      
Historical and Average Spot Market Rate 15 years      
Estimate useful life of vessel 25 years      
Impairment on vessels $ 0 $ 12,030,000 $ 0  
Impairment Of Long-Lived Assets [Abstract]        
Salvage value of the vessel 9,700,000      
Drydock [Abstract]        
Period when vessels are required to be drydocked, minimum 30 months      
Period when vessels are required to be drydocked, maximum 60 months      
Deferred Compensation Liability [Abstract]        
Number of individual deferred compensation agreements 2      
Segment Information [Abstract]        
Number of operating segment 1      
Income Taxes [Abstract]        
Number of wholly owned subsidiaries 2      
Income tax expense 86,000 0 0  
Credit Risk [Abstract]        
Allowance for doubtful accounts 0 0    
Interest Risk [Abstract]        
Derivatives outstanding 0 0    
Geographical Segment [Abstract]        
Total number of vessels 20 20   3
Norway [Member]
       
Income Taxes [Abstract]        
Income tax rate for wholly-owned subsidiaries in Norway (in hundredths) 28.00%      
Income tax expense 65,000      
Income tax liability   214,000    
Vessels [Member]
       
Vessels, Net [Abstract]        
Impairment on vessels   $ 12,030,000    
Ballast Tank [Member]
       
Vessels, Net [Abstract]        
Improvements amortized over a period   8 years