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LEASES (Details)
$ in Thousands
1 Months Ended 12 Months Ended
Nov. 30, 2015
vessel
Mar. 31, 2015
vessel
Dec. 31, 2014
vessel
Dec. 31, 2016
USD ($)
vessel
Dec. 31, 2015
USD ($)
vessel
Dec. 31, 2014
USD ($)
Leases, Schedule of Leased Assets [Line Items]            
Total vessels leased in on long-term time charters | vessel       13 15  
Total vessels leased in on short term time charter | vessel       8    
Total number of vessels which had signed short-term time charters in place but did not commence until the following year | vessel       4    
Percentage of charter revenues to pay as profit share expense       60.00%    
Operating Leases, Rent Expense, Net       $ 71,800 $ 43,200 $ 0
Profit share expense       $ 50,900    
Number of Vessels Chartered-In, Short-term Charters, Product Tankers | vessel       1    
Number of vessels leased out on fixed rate time charters | vessel       13 16  
Number of vessels leased out on fixed rate time charters with profit sharing agreements | vessel       1 2  
Number of vessels chartered out on index-linked charters | vessel       0 2  
Percentage of third party charter revenues to be received as profit share income       50.00%    
profit share income         $ 1,000  
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
2017       $ 15,413    
2018       649    
2019       365    
2020       230    
2021       0    
Thereafter       0    
Total future minimum rental payments       16,657    
Operating Leases, Future Minimum Payments Receivable [Abstract]            
2016       89,277    
2017       2,426    
2018       0    
2019       0    
2020       0    
Thereafter       0    
Total minimum lease revenues       91,703    
Melody, Tina, Symphony, Commodore [Domain]            
Leases, Schedule of Leased Assets [Line Items]            
Profit share expense       4,200 0  
Assets Leased to Others [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Cost of vessels       712,600 734,200  
Accumulated depreciation of vessels       65,500 75,300  
MR tanker [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Percentage of charter revenues to pay as profit share expense   50.00%        
MR tanker [Member] | Maersk Maya [Domain]            
Leases, Schedule of Leased Assets [Line Items]            
Profit share expense       0 700  
Melody, Tina, Symphony, Commodore [Domain]            
Leases, Schedule of Leased Assets [Line Items]            
Percentage of charter revenues to pay as profit share expense 60.00%          
VLCC Vessels [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Number of Vessels Chartered-In, Short-term Charters, Product Tankers | vessel 2          
VLCC Vessels [Member] | oceanis [Member] [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Profit share expense       200 0  
Double Hull Suezmax [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Number of vessels leased out on fixed rate time charters with profit sharing agreements | vessel   2        
Suezmax Vessels [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Number of vessels chartered out on index-linked charters | vessel     2      
Revenue on index linked time charters       7,100 $ 27,700 $ 17,900
Suezmax [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Number of Vessels Chartered-In, Short-term Charters, Product Tankers | vessel         2  
profit share income       700    
Ship Finance International Limited [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Total vessels leased in on long-term time charters | vessel 15       14  
Profit share expense       $ 50,900    
Ship Finance International Limited [Member] | VLCC Vessels [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Total vessels leased in on long-term time charters | vessel       10    
Ship Finance International Limited [Member] | Suezmax Vessels [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Total vessels leased in on long-term time charters | vessel       2