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ORGANIZATION AND ACCOUNTING POLICIES (Details) - USD ($)
$ in Thousands
3 Months Ended 12 Months Ended
Dec. 31, 2015
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2015
Dec. 31, 2014
Net loss $ 246,354 $ 186,061 $ 85,276 $ 102,272 $ (1,340) $ (3,726) $ (10,754) $ (8,210) $ 619,963 $ (24,030)
Net working capital deficit                 465,100  
Senior Notes.                    
Interest payment due on February 1, 2016, elected not to make                 $ 7,500  
Grace period for interest payment before event of default                 30 days  
Minimum principal holding percentage, right to declare acceleration of debt obligations                 25.00%