XML 120 R106.htm IDEA: XBRL DOCUMENT v3.6.0.2
FINANCIAL ASSETS AND LIABILITIES (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Feb. 27, 2013
USD ($)
instrument
Dec. 31, 2016
USD ($)
vessel
types_of_risk
Dec. 31, 2015
USD ($)
vessel
Dec. 31, 2014
USD ($)
vessel
Feb. 29, 2016
USD ($)
Aug. 31, 2015
instrument
T
Dec. 31, 2013
vessel
Feb. 01, 2013
vessel
Derivative [Line Items]                
Number of newbuild vessels | vessel   16         62  
Long-term Debt   $ 992,631 $ 806,456          
Mark to market (gain) loss on derivatives   $ (8,017) 3,618 $ 5,765        
Number of risks related to subsidiaries' reporting in foreign currency | types_of_risk   2            
Interest rate swap 1 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 17,442            
Derivative, Fixed Interest Rate   1.4025%            
Interest Rate Swap [Member]                
Derivative [Line Items]                
Number of derivatives entered into | instrument 6              
Principal amount of debt used in interest rate swaps $ 260,000              
Derivative, Notional Amount   $ 358,177            
Mark to market (gain) loss on derivatives   1,900 4,500          
Fair value of derivatives   4,400 400          
Interest rate swap 7 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 150,000     $ 150,000      
Derivative, Fixed Interest Rate   2.197%            
Bunker swaps [Member]                
Derivative [Line Items]                
Mark to market (gain) loss on derivatives   $ 1,900 (2,300)          
Derivative Liability, Number of Instruments Held | instrument           4    
Number of metric tonnes per calendar month | T           4,000    
Fair value of derivatives   0 $ 4,100          
Interest rate swap 2 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 51,762            
Derivative, Fixed Interest Rate   1.5035%            
Interest rate swap 3 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 87,526            
Derivative, Fixed Interest Rate   1.6015%            
Interest rate swap 4 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 16,806            
Derivative, Fixed Interest Rate   1.6998%            
Interest rate swap 5 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 17,149            
Derivative, Fixed Interest Rate   1.7995%            
Interest rate swap 6 [Member]                
Derivative [Line Items]                
Derivative, Notional Amount   $ 17,492            
Derivative, Fixed Interest Rate   1.907%            
MR tanker [Member]                
Derivative [Line Items]                
Number of newbuild vessels | vessel   6           12
VLCC Vessels [Member]                
Derivative [Line Items]                
Number of newbuild vessels | vessel   3 6          
Suezmax Vessels [Member]                
Derivative [Line Items]                
Number of newbuild vessels | vessel   6   6        
Term Loan Facility, $466.5 Million [Member] | US Dollar denominated floating rate debt [Member]                
Derivative [Line Items]                
Long-term Debt   $ 466,500            
Front Century [Member] | VLCC Vessels [Member]                
Derivative [Line Items]                
Assets, Fair Value Disclosure, Nonrecurring   1,500            
Front Ardenne, Front Brabant [Domain] | Suezmax Vessels [Member]                
Derivative [Line Items]                
Assets, Fair Value Disclosure, Nonrecurring   $ 38,400