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VESSEL HELD FOR SALE Vessel held for sale (Details) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Proceeds from sale of assets $ 17,075 $ 66,993 $ 0
Impairment loss on vessels 5,342 41,597 0
VLCC Mayfair [Member]
     
Proceeds from sale of assets 16,900    
Impairment loss on vessels $ 5,342 $ 13,400