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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, 2017
USD ($)
vessel
vessels
Dec. 31, 2016
USD ($)
vessel
vessels
Dec. 31, 2015
USD ($)
vessel
Operating Leases, Future Minimum Payments Due, Fiscal Year Maturity [Abstract]            
2018       $ 6,071    
2019       1,446    
2020       1,298    
2021       231    
2022       147    
Thereafter       0    
Total future minimum rental payments       $ 9,193    
Leases, Schedule of Leased Assets [Line Items]            
Total vessels leased in on long-term time charters | vessel       9 13  
Total vessels leased in on short term time charter | vessels       1    
Operating Leases, Rent Expense, Net       $ 21,200 $ 71,800 $ 43,200
Profit share expense       $ 5,600 $ 50,900  
Number of vessels leased out on fixed rate time charters | vessels       6 13  
Number of vessels leased out on fixed rate time charters with profit sharing agreements | vessel       1 1  
Number of vessels chartered out on index-linked charters | vessel         0  
Percentage of third party charter revenues to be received as profit share income   50.00%        
Operating Leases, Future Minimum Payments Receivable [Abstract]            
2018       $ 8,449    
2019       640    
2020       0    
2021       0    
2022       0    
Thereafter       0    
Total minimum lease revenues       9,089    
Assets Leased to Others [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Cost of vessels       294,100 $ 712,600  
Accumulated depreciation of vessels       44,900 65,500  
Melody, Tina, Symphony, Commodore [Domain]            
Leases, Schedule of Leased Assets [Line Items]            
Profit share expense       0 4,200  
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 0  
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, earnings split with third party | vessel 2          
VLCC Vessels [Member] | oceanis [Member] [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Profit share expense       300 200  
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 [Member]            
Leases, Schedule of Leased Assets [Line Items]            
Number of Vessels Chartered-In, Short-term Charters, earnings split with third party | vessel           2
profit share income       $ 0 700  
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