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ACQUISITION OF KNIGHTSBRIDGE - Summary of Estimated Fair Value and Historic Cost of Assets Acquired and Liabilities Assumed (Details) - USD ($)
$ in Thousands
Dec. 31, 2016
Dec. 31, 2015
Sep. 30, 2014
Business Acquisition [Line Items]      
Goodwill $ 225,273 $ 225,273  
Golden Ocean Group Limited [Member]      
Business Acquisition [Line Items]      
Assets     $ 125,421
Newbuildings     83,700
Vessels, net     465,334
Current liabilities     (27,757)
Long term liabilities     (230,791)
Fair value of net assets acquired and liabilities assumed     415,907
Newbuildings and cash at historic cost     131,555
Total value of net assets acquired and liabilities assumed     547,462
Total value of consideration     696,944
Goodwill     $ 149,482