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LONG-TERM DEBT AND CURRENT PORTION OF LONG-TERM DEBT (Details)
$ in Thousands
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Feb. 12, 2019
USD ($)
Dec. 01, 2017
USD ($)
Feb. 28, 2023
USD ($)
Mar. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2023
USD ($)
Lender
Vessel
Dec. 31, 2022
USD ($)
Vessel
Building
Dec. 31, 2020
USD ($)
Building
Dec. 31, 2018
Vessel
Apr. 29, 2024
USD ($)
Dec. 31, 2021
USD ($)
Dec. 16, 2020
USD ($)
Line of Credit Facility [Abstract]                        
Number of lenders | Lender           2            
Current portion of long-term debt         $ 31,898 $ 31,898 $ 39,700          
Number of new buildings | Building             2          
Contractual Obligation [Abstract]                        
2024         32,748 32,748            
2025         93,611 93,611            
2026         21,474 21,474            
2027         21,934 21,934            
2028         56,690 56,690            
More than 5 years         75,313 75,313            
Total         304,770 304,770            
Cash balance         31,078 $ 31,078 $ 59,583       $ 34,739  
2019 Senior Secured Credit Facility [Member]                        
Line of Credit Facility [Abstract]                        
Number of vessels used as collateral | Vessel           20            
Debt instrument term           5 years            
Maximum borrowing capacity $ 306,100       30,000 $ 30,000            
Loan amortizing, maturity period           20 years            
Maturity date           Feb. 28, 2025            
Discretionary excess cash mechanism for the lender that equals to net earnings from collateral vessels 50.00%                      
Deferred financing costs         400 $ 400 1,500          
Debt covenants, minimum liquidity $ 20,000         20,000 30,000          
Debt covenants percentage in loan-to-vessel ratio 70.00%                      
Drawn amount         84,600 84,600 129,200          
Current portion of long-term debt         $ 11,700 11,700 25,800          
Repayment of debt           $ 44,600            
Additional payment related to excess cash flow mechanism     $ 15,200                  
Contractual Obligation [Abstract]                        
Number of vessels used as loan collateral | Vessel           14            
2019 Senior Secured Credit Facility [Member] | Forecast [Member]                        
Line of Credit Facility [Abstract]                        
Drawn amount                   $ 81,600    
2019 Senior Secured Credit Facility [Member] | Subsequent Event [Member]                        
Line of Credit Facility [Abstract]                        
Repayment of debt       $ 3,000                
2019 Senior Secured Credit Facility [Member] | Maximum [Member]                        
Contractual Obligation [Abstract]                        
Percentage of loan-to-value ratio         15.00% 15.00%            
$30 Million Accordion Loan [Member]                        
Line of Credit Facility [Abstract]                        
Maximum borrowing capacity                       $ 30,000
Maturity date           Feb. 28, 2025            
Financing of 2018-built Vessels [Member]                        
Line of Credit Facility [Abstract]                        
Number of vessels delivered | Vessel                 3      
Deferred financing costs   $ 2,300                    
Drawn amount         $ 87,200 $ 87,200 96,000          
Percentage of purchase price expected to pay by lending provider   77.50%                    
Term of bareboat charter agreement           10 years            
Obligation to purchase the vessels   $ 13,600                    
First flexibility period to purchase the vessels           60 months            
Second flexibility period to purchase the vessels           84 months            
Minimum value adjusted equity   $ 175,000                    
Minimum value adjusted equity ratio   25.00%                    
Minimum liquidity value   $ 20,000                    
Long term debt current         8,900 $ 8,900 $ 8,500          
Contractual Obligation [Abstract]                        
2024         9,138 9,138            
2025         9,534 9,534            
2026         9,974 9,974            
2027         10,434 10,434            
2028         48,159 48,159            
More than 5 years         0 0            
Total         $ 87,239 $ 87,239            
Financing of 2018-built Vessels [Member] | SOFR [Member]                        
Line of Credit Facility [Abstract]                        
Basis spread on margin           4.52%            
Basis spread on variable rate         0.26% 0.25%            
2019 Senior Secured Credit Facility including $30 mill Accordion Loan [Member]                        
Line of Credit Facility [Abstract]                        
Number of vessels used as collateral | Vessel           14            
Contractual Obligation [Abstract]                        
2024         $ 12,079 $ 12,079            
2025         72,561 72,561            
2026         0 0            
2027         0 0            
2028         0 0            
More than 5 years         0 0            
Total         84,640 84,640            
Financing of 2022-built Vessels [Member]                        
Line of Credit Facility [Abstract]                        
Number of vessels delivered | Vessel             2          
Deferred financing costs         5,400 5,400 $ 5,400          
Drawn amount         79,400 $ 79,400 $ 84,900          
Percentage of purchase price expected to pay by lending provider             80.00%          
Term of bareboat charter agreement           10 years            
Obligation to purchase the vessels               $ 16,500        
First flexibility period to purchase the vessels           60 months            
Second flexibility period to purchase the vessels           84 months            
Minimum liquidity value         20,000 $ 20,000            
Number of new buildings | Building               2        
Contractual Obligation [Abstract]                        
2024         5,515 5,515            
2025         5,500 5,500            
2026         5,500 5,500            
2027         5,500 5,500            
2028         5,515 5,515            
More than 5 years         51,521 51,521            
Total         $ 79,351 $ 79,351            
Financing of 2022-built Vessels [Member] | SOFR [Member]                        
Line of Credit Facility [Abstract]                        
Basis spread on margin           4.50%            
Basis spread on variable rate         0.26% 0.26%            
Financing of Nordic Hawk [Member]                        
Line of Credit Facility [Abstract]                        
Drawn amount         $ 53,500 $ 53,500 $ 0          
Percentage of purchase price expected to pay by lending provider           75.00%            
Term of bareboat charter agreement           8 years            
Obligation to purchase the vessels           $ 5,900            
First flexibility period to purchase the vessels           60 months            
Second flexibility period to purchase the vessels           84 months            
Minimum liquidity value         20,000 $ 20,000            
Long term debt current         5,900 5,900 $ 0          
Contractual Obligation [Abstract]                        
2024         6,016 6,016            
2025         6,016 6,016            
2026         6,000 6,000            
2027         6,000 6,000            
2028         6,016 6,016            
More than 5 years         23,492 23,492            
Total         $ 53,540 $ 53,540            
Financing of Nordic Hawk [Member] | SOFR [Member]                        
Line of Credit Facility [Abstract]                        
Basis spread on margin           4.76%