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EQUITY METHOD INVESTMENTS (Details) (USD $)
12 Months Ended 1 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 1994
Dec. 31, 2013
CalPetro Tankers (Bahamas I) Limited [Member]
Dec. 31, 2012
CalPetro Tankers (Bahamas I) Limited [Member]
Dec. 31, 2013
CalPetro Tankers (Bahamas II) Limited [Member]
Dec. 31, 2012
CalPetro Tankers (Bahamas II) Limited [Member]
Dec. 31, 2013
CalPetro Tankers (IOM) Limited [Member]
Dec. 31, 2012
CalPetro Tankers (IOM) Limited [Member]
Jan. 31, 2013
Orion Tankers Ltd [Member]
Dec. 31, 2013
Orion Tankers Ltd [Member]
Dec. 31, 2012
Orion Tankers Ltd [Member]
Dec. 31, 2012
Orion Tankers Ltd [Member]
Dec. 31, 2013
Frontline 2012 Ltd [Member]
Oct. 31, 2013
Frontline 2012 Ltd [Member]
Dec. 31, 2012
Frontline 2012 Ltd [Member]
Sep. 30, 2013
Frontline 2012 Ltd [Member]
Private Placement [Member]
Jan. 31, 2013
Frontline 2012 Ltd [Member]
Private Placement [Member]
Sep. 30, 2013
Frontline 2012 Ltd [Member]
Private Placement [Member]
Mar. 31, 2013
Frontline 2012 Ltd [Member]
Private Placement [Member]
Dec. 31, 2011
Frontline 2012 Ltd [Member]
Private Placement [Member]
Dec. 31, 2013
Frontline 2012 Ltd [Member]
Private Placement [Member]
Dec. 31, 2012
Frontline 2012 Ltd [Member]
Private Placement [Member]
Dec. 16, 2011
Frontline 2012 Ltd [Member]
Private Placement [Member]
Oct. 31, 2013
Avance Gas [Member]
Dec. 31, 2013
Independent Tankers Corporation Limited [Member]
Dec. 31, 2013
Significant Subsidiary Frontline 2012 [Member]
Dec. 31, 2012
Significant Subsidiary Frontline 2012 [Member]
Dec. 31, 2011
Significant Subsidiary Frontline 2012 [Member]
Dec. 31, 2013
Variable Interest Entities CalPetro Bahamas B1, CalPetro Bahamas BII, CalPetro IOM [Member]
Dec. 31, 2012
Variable Interest Entities CalPetro Bahamas B1, CalPetro Bahamas BII, CalPetro IOM [Member]
Dec. 31, 2011
Variable Interest Entities CalPetro Bahamas B1, CalPetro Bahamas BII, CalPetro IOM [Member]
Schedule of Equity Method Investments [Line Items]                                                                  
Ownership percentage (in hundredths)         100.00% 100.00% 100.00% 100.00% 100.00% 100.00%   0.00% 50.00% 50.00% 5.40%   7.90% 5.40% 6.30% 5.40%   8.80%   7.90%                  
Equity Method Investment, Amount Sold                     $ 242,000                                            
Shares issued 8,653,211 0 0                             34,100,000 59,000,000     100,000,000                      
Par value of new ordinary shares issued in transaction (in dollars per share) $ 1 $ 2.50                               $ 2.00   $ 2.00         $ 2.00                
Subscription price of ordinary shares issued (in dollars per share)                                   $ 6.60 $ 5.25 $ 6.60         $ 2.85                
Number of shares allocated in transaction in shares                                     1,143,000     8,771,000       108,069              
Value of shares allocated in transaction in Dollars                                                   1,300,000              
Payments to Acquire Interest in Subsidiaries and Affiliates 6,001,000 13,298,000 25,047,000                               6,000,000                            
Equity method investment, gain loss on dilution of ownership                                       4,700,000 5,200,000                        
Issuance ratio, number of shares issued per share holding in equity method investee                                                   1              
Issuance ratio, number of shares held in equity method investee                               124.55                                  
Fair value of equity method investments                                             109,900,000 59,500,000                  
Undistributed earnings from equity method investees                                             13,100,000 300,000                  
Proceeds from Equity Method Investment, Dividends or Distributions 1,300,000 0 500,000                                                            
Number of oil tankers acquired       3                                                          
Percent of subsidiary held by the Company                                                     82.47%            
Combined unconsolidated net assets of CalPetro BI, CalPetro BII, and CalPetro IOM                                                             1,100,000 1,600,000  
Number of Companies in Calpetro Group which are Consolidated 3                                                                
Variable Interest Entity, Not Primary Beneficiary, Disclosures [Abstract]                                                                  
Current assets                                                       480,177,000 167,560,000   15,457,000 15,811,000  
Non current assets                                                       1,193,803,000 974,598,000   5,132,000 15,090,000  
Current liabilities                                                       108,852,000 11,837,000   9,981,000 10,229,000  
Non current liabilities                                                       501,971,000 640,894,000   9,525,000 19,051,000  
Net operating revenues                                                       133,900,000 140,849,000 0 1,651,000 2,473,000 3,295,000
Net operating income                                                       65,755,000 25,673,000 (130,000) 1,353,000 2,155,000 2,912,000
Net loss                                                       $ 69,499,000 $ 8,055,000 $ (130,000) $ (538,000) $ (544,000) $ (600,000)