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DERIVATIVE INSTRUMENTS PAYABLE AND RECEIVABLE (Details) - USD ($)
$ in Thousands
6 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2016
Derivative [Line Items]      
Derivative asset, fair value $ 1,086   $ 1,594
Derivative liability, fair value 4,539   1,990
Interest expense 27,118 $ 20,995  
Loss on derivatives 3,796 17,821  
Interest Rate Swap      
Derivative [Line Items]      
Derivative asset, fair value 908   1,502
Derivative liability, fair value 4,438   1,777
Interest expense 749 991  
Unrealized (gain) loss on derivatives 3,254 18,721  
Currency Swap      
Derivative [Line Items]      
Derivative asset, fair value 143   92
Derivative liability, fair value 41   213
Unrealized (gain) loss on derivatives (80) (974)  
(Gain) loss on sale of derivatives (126) (35)  
Forward Freight Agreements      
Derivative [Line Items]      
(Gain) loss on sale of derivatives (7) 38  
Bunker derivatives      
Derivative [Line Items]      
Derivative asset, fair value 35   0
Derivative liability, fair value 60   $ 0
Unrealized (gain) loss on derivatives 9 (1,544)  
(Gain) loss on sale of derivatives $ (3) $ 624