XML 50 R53.htm IDEA: XBRL DOCUMENT v2.4.1.9
TRADE ACCOUNTS RECEIVABLE, NET (Details) (USD $)
3 Months Ended 12 Months Ended 1 Months Ended
Dec. 31, 2013
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
vessel
Dec. 31, 2014
Oct. 31, 2014
Jun. 30, 2014
Mar. 31, 2014
Apr. 30, 2014
Feb. 28, 2014
Dec. 31, 2013
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Number of vessels disposed of       2vlccf_Numberofterminatedcharters              
Claims for damages against charterers   $ 2,400,000vlccf_ClaimsForDamagesAgainstCharterers     $ 2,400,000vlccf_ClaimsForDamagesAgainstCharterers            
Bad debt write off 3,000,000vlccf_Baddebtwriteoff                    
Allowance for Doubtful Accounts Receivable [Roll Forward]                      
Allowance for doubtful accounts balance   9,317,000us-gaap_AllowanceForDoubtfulAccountsReceivable 12,081,000us-gaap_AllowanceForDoubtfulAccountsReceivable 1,926,000us-gaap_AllowanceForDoubtfulAccountsReceivable              
Additions charged to income     226,000vlccf_Increaseinallowancefordoubtfuldebt 10,634,000vlccf_Increaseinallowancefordoubtfuldebt              
Release of Allowance for Doubtful Accounts   (1,883,000)vlccf_ReleaseOfAllowanceForDoubtfulAccounts (2,990,000)vlccf_ReleaseOfAllowanceForDoubtfulAccounts (479,000)vlccf_ReleaseOfAllowanceForDoubtfulAccounts              
Allowance for doubtful accounts balance 9,317,000us-gaap_AllowanceForDoubtfulAccountsReceivable 7,434,000us-gaap_AllowanceForDoubtfulAccountsReceivable 9,317,000us-gaap_AllowanceForDoubtfulAccountsReceivable 12,081,000us-gaap_AllowanceForDoubtfulAccountsReceivable 7,434,000us-gaap_AllowanceForDoubtfulAccountsReceivable           9,317,000us-gaap_AllowanceForDoubtfulAccountsReceivable
Golden Zhejiang [Member]                      
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Proceeds from Legal Settlements         3,100,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember
3,300,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember
3,200,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember
9,700,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember
     
Battersea [Member]                      
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Proceeds from Legal Settlements                 100,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
200,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
756,000us-gaap_ProceedsFromLegalSettlements
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
Claims for damages against charterers 17,000,000vlccf_ClaimsForDamagesAgainstCharterers
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
  17,000,000vlccf_ClaimsForDamagesAgainstCharterers
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
              17,000,000vlccf_ClaimsForDamagesAgainstCharterers
/ vlccf_VesselsByNameAxis
= vlccf_BatterseaMember
Time Charter Revenue [Member] | Golden Zhejiang [Member]                      
Accounts, Notes, Loans and Financing Receivable [Line Items]                      
Proceeds from Legal Settlements   $ 1,900,000us-gaap_ProceedsFromLegalSettlements
/ us-gaap_IncomeStatementLocationAxis
= vlccf_TimeCharterRevenueMember
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember
          $ 1,900,000us-gaap_ProceedsFromLegalSettlements
/ us-gaap_IncomeStatementLocationAxis
= vlccf_TimeCharterRevenueMember
/ vlccf_VesselsByNameAxis
= vlccf_GoldenZhejiangMember