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VESSELS AND EQUIPMENT, NET (Schedule of Vessels and Equipment) (Details) - USD ($)
$ in Thousands
Dec. 31, 2015
Dec. 31, 2014
Property, Plant and Equipment [Abstract]    
Cost $ 1,964,852 $ 1,715,510
Accumulated depreciation 323,535 338,377
Vessels and equipment, net $ 1,641,317 $ 1,377,133