COMMITMENTS AND CONTINGENCIES (Details) (USD $)	12 Months Ended
	Dec. 31, 2012	Dec. 31, 2011
COMMITMENTS AND CONTINGENCIES [Abstract]
Number of vessels owned with commitments	20
Estimated lawsuit insurance coverage claims	$ 650,000
Reserves for lawsuit claims	650,000	256,000
Insurance policies with deductibles, minimum amount per claim	1,500
Insurance policies with deductibles, maximum amount per claim	$ 25,000
Number of plaintiffs	10
Number of defendants	40