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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
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Dec. 31, 2013
Movement In Newbuilding Balance [Roll Forward]                  
New building installments balance           $ 338,614   $ 26,706  
Installments and newbuilding supervision fees paid and accrued           265,083 $ 508,482 356,355  
Interest capitalized           2,258 8,979 4,179  
Transfer from newbuildings           (425,393) (574,523) (546,520)  
Cost of vessels           1,873,795 1,540,559 915,060 $ 305,581
Acquisition of Assets, Newbuilding Installments Assumed   $ 12,030              
Newbuilding Contract, Sold $ (1,900)           (10,800)    
Impairment losses on vessels and equipment           (985) (152,597) 0  
New building installments balance   12,030       $ 180,562 338,614    
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              
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