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REVENUE FROM SPOT MARKET-RELATED TIME CHARTERS (Details) (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
REVENUE FROM SPOT MARKET-RELATED TIME CHARTERS    
Total revenue earned on spot market-related time charters and the short-term time charter $ 5,986 $ 6,294
Future minimum time charter revenue    
Remainder of 2013 $ 712