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NEWBUILDINGS - Movement in Newbuilding Balance (Details) - USD ($)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Nov. 23, 2015
Mar. 31, 2015
Sep. 30, 2014
Apr. 30, 2014
Sep. 30, 2015
Mar. 31, 2015
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Movement In Newbuilding Balance [Roll Forward]                    
New building installments balance           $ 323,340 $ 323,340 $ 26,706 $ 0  
Installments and newbuilding supervision fees paid and accrued             508,482 356,355 26,298  
Interest capitalized             8,979 4,179 408  
Transfer from newbuildings             (574,523) (546,520)    
Cost of vessels             1,540,559 915,060 305,581 $ 305,581
Acquisition of Assets, Newbuilding Installments Assumed   $ 12,030                
Newbuilding Contract, Sold $ (1,900)           (10,800)      
Impairment losses on vessels and equipment             (152,597) 0 0  
New building installments balance   12,030       12,030 338,614 323,340 $ 26,706  
KSL Baltic, KSL Mediterranean, KSL Caribbean [Member]                    
Movement In Newbuilding Balance [Roll Forward]                    
Impairment losses on vessels and equipment         $ (7,100)   $ (7,100)      
Frontline 2012 [Member]                    
Movement In Newbuilding Balance [Roll Forward]                    
Newbuildings acquired, cost   $ 78,200       $ 78,200        
Construction in Progress [Member]                    
Movement In Newbuilding Balance [Roll Forward]                    
Cost of vessels               $ 323,340    
Frontline 2012 [Member]                    
Movement In Newbuilding Balance [Roll Forward]                    
Value of Share Consideration Paid in Connection with Purchase of SPCs, Net of Cash Acquired     $ 331,661 $ 150,959