ACCRUED EXPENSES (Tables)

6 Months Ended

Jun. 30, 2013

ACCRUED EXPENSES [Abstract]

Schedule of Accrued Expenses

	June 30, 2013		December 31, 2012
Accrued voyage expenses	$	805	$	2,811
Accrued loan interest		9,627		9,184
Accrued legal and professional fees		506		956
Total accrued expenses	$	10,938	$	12,951