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RELATED PARTY TRANSACTIONS (Details) (USD $)
12 Months Ended 1 Months Ended 0 Months Ended 1 Months Ended 0 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Sep. 30, 2014
company
Apr. 30, 2014
company
t
Apr. 24, 2014
Mar. 31, 2015
company
Apr. 02, 2010
Sep. 15, 2014
Apr. 23, 2014
Apr. 01, 2015
Related Party Transaction [Line Items]                      
Management Fee to be Paid Per Annum               2,300,000vlccf_ManagementFeetobePaidPerAnnum      
Value of share consideration paid in connection with purchase of vessel 38,874,000us-gaap_StockIssuedDuringPeriodValuePurchaseOfAssets                    
Newbuilding installments assumed 548,700,000us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount                    
Cash paid to acquire SPCs 24,085,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment 0us-gaap_PaymentsToAcquirePropertyPlantAndEquipment                
Cash acquired upon purchase of SPCs 68,560,000vlccf_CashAcquiredfromAssetAcquisition 0vlccf_CashAcquiredfromAssetAcquisition 0vlccf_CashAcquiredfromAssetAcquisition                
Frontline 2012 [Member]                      
Related Party Transaction [Line Items]                      
Number of SPCs expected to acquire         25vlccf_NumberofSpecialPurposeCompaniesExpectedtoAcquire
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Capesize drybulk size range         180,000vlccf_CapesizeDrybulkSizeRange
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Value of share consideration paid in connection with purchase of vessel       356,800,000us-gaap_StockIssuedDuringPeriodValuePurchaseOfAssets
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
194,400,000us-gaap_StockIssuedDuringPeriodValuePurchaseOfAssets
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Noncash or Part Noncash Acquisition, Payables Assumed         150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Cash acquired upon purchase of SPCs       25,100,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
43,400,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Number of SPCs acquired       13vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
5vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
           
Karpasia [Member]                      
Related Party Transaction [Line Items]                      
Value of share consideration paid in connection with purchase of vessel         38,900,000us-gaap_StockIssuedDuringPeriodValuePurchaseOfAssets
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
           
Noncash or Part Noncash Acquisition, Payables Assumed         150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
           
Cash paid to acquire SPCs         24,000,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
           
Common Stock [Member]                      
Related Party Transaction [Line Items]                      
Number of shares issued as consideration         15,500,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
           
Common Stock [Member] | Frontline 2012 [Member]                      
Related Party Transaction [Line Items]                      
Number of shares issued as consideration       31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
15,500,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
           
Share price (in USD per share)       $ 11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
$ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
      $ 11.51us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
   
Common Stock [Member] | Karpasia [Member]                      
Related Party Transaction [Line Items]                      
Number of shares issued as consideration       31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
3,100,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
3,100,000.0us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
         
Share price (in USD per share)         $ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
        $ 12.54us-gaap_SharesIssuedPricePerShare
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
 
Capital Addition Purchase Commitments [Member]                      
Related Party Transaction [Line Items]                      
Noncash or Part Noncash Acquisition, Payables Assumed       490,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
             
Capital Addition Purchase Commitments [Member] | Karpasia [Member]                      
Related Party Transaction [Line Items]                      
Noncash or Part Noncash Acquisition, Payables Assumed         150,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_KarpasiaMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
           
Subsequent Event [Member] | Frontline 2012 [Member]                      
Related Party Transaction [Line Items]                      
Cash paid to acquire SPCs             36,400,000us-gaap_PaymentsToAcquirePropertyPlantAndEquipment
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
       
Cash acquired upon purchase of SPCs             108,600,000vlccf_CashAcquiredfromAssetAcquisition
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
       
Number of SPCs acquired             12vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
       
Subsequent Event [Member] | Common Stock [Member] | Frontline 2012 [Member]                      
Related Party Transaction [Line Items]                      
Number of shares issued as consideration             31,000,000us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionQuantityOfSecuritiesIssued
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_StatementClassOfStockAxis
= us-gaap_CommonStockMember
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
       
Subsequent Event [Member] | Capital Addition Purchase Commitments [Member]                      
Related Party Transaction [Line Items]                      
Newbuilding installments assumed             935,500,000us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
      936,600,000us-gaap_UnrecordedUnconditionalPurchaseObligationBalanceSheetAmount
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
Subsequent Event [Member] | Capital Addition Purchase Commitments [Member] | Frontline 2012 [Member]                      
Related Party Transaction [Line Items]                      
Noncash or Part Noncash Acquisition, Payables Assumed             $ 404,000,000us-gaap_NoncashOrPartNoncashAcquisitionPayablesAssumed1
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
/ us-gaap_UnrecordedUnconditionalPurchaseObligationByCategoryOfItemPurchasedAxis
= us-gaap_CapitalAdditionsMember
       
General Manager [Member]                      
Related Party Transaction [Line Items]                      
Management Fee Commissions               1.25%vlccf_ManagementFeeCommissions
/ vlccf_VesselManagersAxis
= vlccf_GeneralManagerMember
     
Management fee commissions on sale of vessels               1.00%vlccf_ManagementFeeCommissionsSaleofVessels
/ vlccf_VesselManagersAxis
= vlccf_GeneralManagerMember
     
Management fee commissions on cost of vessels purchased               1.00%vlccf_ManagementFeeCommissionsCostofVesselsPurchased
/ vlccf_VesselManagersAxis
= vlccf_GeneralManagerMember
     
Dry Bulk Manager [Member]                      
Related Party Transaction [Line Items]                      
Management Fee Commissions               1.25%vlccf_ManagementFeeCommissions
/ vlccf_VesselManagersAxis
= vlccf_DryBulkManagerMember
     
Management [Member]                      
Related Party Transaction [Line Items]                      
Amended General Management Agreement termination period               5 days      
Amended General Management Agreement termination period if material breach               30 days      
Amended General Management Agreement termination period to other party               12 months      
Amended General Management Agreement Termination percent of issued and outstanding shares held by shareholders               6666.67%vlccf_AmendedGeneralManagementAgreementTerminationResolutionPercentofIssuedandOutstandingSharesHeldbyShareholders
/ us-gaap_RelatedPartyTransactionsByRelatedPartyAxis
= us-gaap_ManagementMember