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ACCOUNTING POLICIES (Details)
3 Months Ended 12 Months Ended
Jun. 30, 2012
USD ($)
Mar. 31, 2012
USD ($)
Dec. 31, 2015
USD ($)
containership
drilling_rigs
vessel
Investment
May. 31, 2015
USD ($)
Dec. 31, 2014
USD ($)
containership
Dec. 31, 2012
USD ($)
Accounting Policies [Abstract]            
Number of ultra deepwater drilling units owned | drilling_rigs     2      
Number of wholly-owned subsidiaries that own drilling rigs | vessel     3      
Number of jack-up drilling rigs owned by wholly-owned subsidiaries account for using the equity method | drilling_rigs     1      
Property, Plant and Equipment [Line Items]            
Allowance for Doubtful Accounts Receivable     $ 0   $ 0  
Number of container vessels impaired | containership     2   5  
Number of off-shore supply vessels impaired | containership     2      
Long-term investment impairment charge $ 500,000 $ 2,900,000        
Number of long-term investments in shares which are not publicly traded | Investment     1      
Offshore vessels and rigs [Member]            
Property, Plant and Equipment [Line Items]            
Estimated economic useful life (in years)     30 years      
Other Capitalized Property Plant and Equipment [Member]            
Property, Plant and Equipment [Line Items]            
Estimated economic useful life (in years)     25 years      
Office Equipment [Member]            
Property, Plant and Equipment [Line Items]            
Depreciation, rate     20.00%      
Impaired Investment 2 [Member]            
Property, Plant and Equipment [Line Items]            
Investments     $ 1,200,000 $ 1,200,000 $ 1,200,000  
Impaired Investment 1 [Member]            
Property, Plant and Equipment [Line Items]            
Investments     $ 0   $ 0 $ 0