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DEBT (Details)
0 Months Ended 12 Months Ended 12 Months Ended 1 Months Ended 3 Months Ended 12 Months Ended 12 Months Ended 12 Months Ended 2 Months Ended 12 Months Ended
Mar. 26, 2010
Dec. 31, 2013
USD ($)
Dec. 31, 2012
USD ($)
Dec. 31, 2011
USD ($)
Dec. 31, 2013
Vessel [Member]
USD ($)
Dec. 31, 2012
Vessel [Member]
USD ($)
Dec. 31, 2013
Restricted cash and investment [Member]
USD ($)
Dec. 31, 2012
Restricted cash and investment [Member]
USD ($)
Dec. 31, 2013
4.5% convertible bond due 2015
Mar. 26, 2010
4.5% convertible bond due 2015
Dec. 31, 2013
7.84% to 8.04% First Preferred Mortgage Term Notes
Oct. 31, 2013
4.5% convertible bond due 2015
USD ($)
Mar. 31, 2012
4.5% convertible bond due 2015
USD ($)
Mar. 31, 2012
4.5% convertible bond due 2015
USD ($)
Dec. 31, 2013
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Dec. 31, 2012
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Aug. 25, 2011
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
May 24, 2011
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Mar. 07, 2011
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Feb. 22, 2011
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Dec. 21, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Sep. 08, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Aug. 27, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Jun. 02, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
May 21, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Mar. 26, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
USD ($)
Mar. 26, 2010
US Dollar denominated fixed rate debt [Member]
4.5% convertible bond due 2015
NOK
Dec. 31, 2012
US Dollar denominated fixed rate debt [Member]
7.84% to 8.04% First Preferred Mortgage Term Notes
USD ($)
Dec. 31, 2013
US Dollar denominated fixed rate debt [Member]
7.84% to 8.04% First Preferred Mortgage Term Notes
USD ($)
Dec. 31, 2013
US Dollar denominated fixed rate debt [Member]
First Preferred Mortgage Term Notes due 2021 [Member]
Dec. 31, 2013
US Dollar denominated fixed rate debt [Member]
First Preferred Mortgage Term Notes due 2019 [Member]
Dec. 31, 2013
US Dollar denominated fixed rate debt [Member]
First Preferred Mortgage Notes [Member]
structure
Dec. 31, 2012
US Dollar denominated fixed rate debt [Member]
First Preferred Mortgage Notes [Member]
Aug. 31, 2008
International Tankers Corporation Ltd [Member]
7.84% to 8.04% First Preferred Mortgage Term Notes
Dec. 31, 2013
International Tankers Corporation Ltd [Member]
7.84% to 8.04% First Preferred Mortgage Term Notes
USD ($)
Rate
Debt Instrument [Line Items]                                                                      
Total US Dollar floating rate and fixed rate debt   $ 459,078,000 $ 483,992,000                       $ 190,000,000 $ 215,000,000                       $ 268,992,000 $ 279,480,000            
Debt Unamortized Discount Resulting from Bond Buyback Sale   (12,222,000)                                                   0 (10,402,000)           12,200,000
Less: current portion of long-term debt   (22,706,000) (20,700,000)                                                                
Long-term debt   436,372,000 463,292,000                                                                
Movement in debt [Roll Forward]                                                                      
Balance at beginning of period   483,992,000 513,513,000 1,364,358,000                                                              
Loan drawndowns       72,000,000                                                              
Loan repayments   (21,531,000) (19,521,000) (256,527,000)                                                              
Debt transferred       (666,318,000)                                                              
Repurchase of debt carrying value   (25,000,000) (10,000,000)                   (10,000,000)                                            
Notional value of long term debt in subsidiary entity sold   32,019,000                                                                 32,000,000
Debt Amortized Discount from Bond Buyback Sale   1,820,000                                                                 1,800,000
Balance at end of period   459,078,000 483,992,000 513,513,000                                                              
Convertible bonds due 2015 [Abstract]                                                                      
Stated interest rate (in hundredths)                 4.50% 4.50%         4.50%                     4.50% 4.50%                
Repurchase of debt purchase price                         5,400,000                                            
Gain (Loss) on repurchase of debt instrument                           4,600,000                                          
Repurchase of debt percentage holding                         4.40%                                            
Debt Conversion, Original Debt, Amount                       25,000,000                                              
Debt Conversion, Converted Instrument, Shares Issued                       6,474,827                                              
Debt Conversion, Cash Payment                       2,250,000                                              
Debt Conversion, Expense due to Inducement Offer                       12,700,000                                              
Debt instrument placed on private placement                                                   225,000,000                  
Convertible, conversion price (in dollars per share)                             $ 36.5567       $ 36.5567     $ 37.0483   $ 38.0895   $ 39.00                  
Convertible Debt number of days up to April 14, 2015 to convert at conversion price 10                                                                    
Convertible, reference price                                                   $ 29.7784 180.0045                
USD/NOK exchange rate                                                   6.0448 6.0448                
Dividend declared (in dollars per share)                                 $ 0.02 $ 0.10   $ 0.10 $ 0.25   $ 0.75   $ 0.75                    
Minimum adjustment to conversion price, percent                                         1.00%                            
Bond redemption features (in hundredths)                                                   100.00% 100.00%   100.00%            
Bond redemption feature, minimum (in hundredths)                             90.00%                                        
Number of new shares to be issued (in shares)                             5,197,406                                        
First Preferred Mortgage Term Notes [Abstract]                                                                      
Number of tranches of term notes purchased                                                                   3  
Proceeds from Issuance of Debt                                                                     19,800,000
Debt discount effective interest rate                                                                     7.84%
Number of structures involved in financing and leasing transactions (in number of structures)                                                               3      
Number of structures involved in financing and leasing transactions matured in 2010 (in number of structures)                                                               1      
Stated interest rate range, minimum (in hundredths)                     7.84%                                 7.84%   7.84%       7.84%  
Stated interest rate range, maximum (in hundredths)                     8.04%                                 8.04%     8.04%        
Effective interest rate (in hundredths)                                                               7.91% 7.91%    
Sinking fund redemption price (in hundredths)                                                               100.00%      
Sinking fund [Abstract]                                                                      
Debt Unamortized Discount Year 1                                                         (2,149,000)            
Debt Unamortized Discount Year 2                                                         (1,941,000)            
Debt Unamortized Discount Year 3                                                         (1,736,000)            
Debt Unamortized Discount Year 4                                                         (1,515,000)            
Debt Unamortized Discount Year 5                                                         (1,276,000)            
Debt Unamortized Discount Year Thereafter                                                         (1,785,000)            
2012                                                         22,706,000            
2013                                                         24,909,000            
2014                                                         27,289,000            
2015                                                         29,850,000            
2016                                                         32,619,000            
Thereafter                                                         131,705,000            
Sinking fund                                                         269,078,000            
Maturities of Long-term Debt [Abstract]                                                                      
2012   22,706,000                                                     24,855,000            
2013   214,909,000                                                     26,850,000            
2014   27,289,000                                                     29,025,000            
2015   29,850,000                                                     31,365,000            
2016   32,619,000                                                     33,895,000            
Thereafter   131,705,000                                                     133,490,000            
Total debt   459,078,000 483,992,000 513,513,000                                                              
Number of Companies in Calpetro Group which are not consolidated   3                                                                  
Restricted net assets of unconsolidated and consolidated subsidiaries   41,500,000                                                                  
Assets pledged [Abstract]                                                                      
Newbuildings   264,804,000 282,946,000   263,367,000 280,929,000                                                          
Restricted cash and investments (excluding amounts held in charter service reserve)             $ 66,249,000 $ 86,280,000