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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details)
12 Months Ended
Dec. 31, 2013
vessel
market
Dec. 31, 2012
vessel
Dec. 31, 2007
vessel
Oct. 27, 2010
vessel
Accounting Policies [Abstract]        
Period of vessel held for sale 1 year      
Number of vessels disposed of 1 3 1  
Property, Plant and Equipment, Useful Life 25 years      
Number of recycling markets 3      
Average years used in market price scrap per ton calculation 10 years      
Number of vessels acquired with time charter       1
RSU Percentage Recognized as Equity 50.00%      
RSU Percentage Recognized as Liability 50.00%