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VESSELS, DEFERRED DRYDOCK AND OTHER PROPERTY (Details 3) (USD $)
In Thousands, unless otherwise specified
12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Beginning Balance $ 66,023 $ 46,827 $ 58,535
Payments for drydocking 45,990 47,360 20,015
Sub-total 112,013 94,187 78,550
Drydock amortization (34,382) (27,680) (30,530)
Amounts recognized upon sale/redelivery of vessels and non-cash adjustments (2,605) (484) (1,193)
Impairments (608)    
Ending Balance $ 74,418 $ 66,023 $ 46,827