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NEWBUILDINGS - Additional Information (Details)
$ in Thousands
1 Months Ended 3 Months Ended 12 Months Ended
Apr. 30, 2017
vessel
newbuild_option
Feb. 28, 2017
USD ($)
vessel
Oct. 31, 2016
USD ($)
contract
Jun. 30, 2016
USD ($)
contract
agreement_option
Dec. 31, 2014
contract
Sep. 30, 2014
contract
Jul. 31, 2014
contract
May 31, 2014
contract
Oct. 31, 2013
contract
Aug. 31, 2013
contract
Apr. 30, 2013
contract
Jan. 31, 2013
contract
Sep. 30, 2017
vessel
Sep. 30, 2016
USD ($)
Dec. 31, 2017
USD ($)
vessel
Dec. 31, 2015
USD ($)
vessel
Dec. 31, 2016
vessel
Jun. 30, 2015
contract
Mar. 31, 2015
contract
Jan. 31, 2015
contract
Dec. 04, 2013
contract
Sep. 09, 2013
contract
Feb. 01, 2013
vessel
Property, Plant and Equipment [Line Items]                                              
Number of newbuild vessels                             5                
Transfer to short term claim receivable | $                               $ 11,532              
Installments and newbuilding supervision fees paid | $                             $ 76,900                
VLCC Vessels [Member]                                              
Property, Plant and Equipment [Line Items]                                              
Number of newbuild vessels                             4 6 3            
Number of Newbuilding Contracts | contract       2                                      
Newbuilding contracts canceled | contract                 1 1 1 1                      
Payments to acquire vessels | $   $ 77,500   $ 84,000                                      
Number of Newbuild options | agreement_option       2                                      
Number of newbuilding contracts terminated | contract     4                                        
Contracted price of newbuildings, gross | $     $ 364,300                                        
Installments and newbuilding supervision fees paid | $     45,500                                        
Cancellation fee on termination, per vessel | $     $ 500                                        
Loss on Contract Termination | $                           $ 2,800                  
number of newbuilding vessels delivered                         1                    
Number of newbuildings acquired   2                                          
Number of newbuilding contracts acquired 2                                            
Number Of Lapsed Newbuild Options | newbuild_option 2                                            
MR tanker [Member]                                              
Property, Plant and Equipment [Line Items]                                              
Number of newbuild vessels                                 6           12
Newbuilding contracts canceled | contract         1 1 1 1                              
Newbuildings received | contract                                         0 0  
LR2 Tanker [Member]                                              
Property, Plant and Equipment [Line Items]                                              
Number of newbuild vessels                             1 14 7            
Newbuildings received | contract           0                       0 0 0      
Suzemax Tanker [Member]                                              
Property, Plant and Equipment [Line Items]                                              
Number of newbuild vessels                               8 6