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VESSELS UNDER CONSTRUCTION (Details)
$ in Thousands
1 Months Ended 12 Months Ended
May 07, 2015
item
Mar. 31, 2014
USD ($)
item
Dec. 31, 2016
USD ($)
item
Dec. 31, 2015
USD ($)
item
Vessels under construction        
Total     $ 177,133 $ 911,017
VLCCs | Term Loan | Korean Export Credit Facility and Amended Sinosure Credit Facility        
Vessels under construction        
Remaining borrowing capacity     143,200  
Maximum borrowing capacity     190,000  
Acquired VLCC Newbuildings        
Vessels under construction        
Capitalized interest expense     71,731 44,130
Vessel deliveries     (1,951,784) (327,767)
Total     177,133 911,017
2014 Acquired VLCC Newbuildings        
Vessels under construction        
Vessels/SPV Stock Purchase     162,683 162,683
Installment and supervision payments     579,818 287,259
Accrued milestones and supervision payments       18,895
Others     $ 5,214 $ 2,687
Number of vessels delivered | item     5 2
2014 Acquired VLCC Newbuildings | Scorpio Tankers Inc        
Vessels under construction        
Number of tankers in new building contract | item   7    
2014 Acquired VLCC Newbuildings | Scorpio Shipbuilding        
Vessels under construction        
Purchase price   $ 162,700    
2015 Acquired VLCC Newbuildings        
Vessels under construction        
Vessels/SPV Stock Purchase     $ 435,417 $ 435,417
Acquisition-related costs     10,295 10,295
Installment and supervision payments     840,833 183,738
Accrued milestones and supervision payments     5,368 87,150
Others     14,138 3,110
Fair value of 2015 Warrant Agreement assumed     3,381 3,381
Fair value of 2015 Stock Options assumed     $ 39 $ 39
Number of vessels delivered | item     10 1
Number of vessels remaining to be delivered | item     3  
2015 Acquired VLCC Newbuildings | Crude Oil Tanker | Navig8 Crude Tankers Inc        
Vessels under construction        
Number of tankers in new building contract | item 14