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SUPPLEMENTAL INFORMATION SUPPLEMENTAL INFORMATION (Details) (USD $)
12 Months Ended 1 Months Ended 0 Months Ended 1 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
Sep. 15, 2014
Apr. 23, 2014
Property, Plant and Equipment [Line Items]                  
Value of share consideration paid in connection with purchase of vessel $ 38,874,000us-gaap_StockIssuedDuringPeriodValuePurchaseOfAssets                
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]                  
Property, Plant and Equipment [Line Items]                  
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
       
Number of SPCs expected to acquire         25vlccf_NumberofSpecialPurposeCompaniesExpectedtoAcquire
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
       
Number of SPCs acquired       13vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
5vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ 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
       
Value of Share Consideration Paid in Connection with Purchase of SPCs, Net of Cash Acquired       331,661,000vlccf_ValueofShareConsiderationPaidinConnectionwithPurchaseofSPCsNetofCashAcquired
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
150,959,000vlccf_ValueofShareConsiderationPaidinConnectionwithPurchaseofSPCsNetofCashAcquired
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
       
Karpasia [Member]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [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]                  
Property, Plant and Equipment [Line Items]                  
Number of SPCs acquired             12vlccf_NumberofSpecialPurposeCompaniesPurchasedEachHoldingNewbuildingContract
/ us-gaap_ShareBasedGoodsAndNonemployeeServicesTransactionBySupplierAxis
= vlccf_Frontline2012Member
/ us-gaap_SubsequentEventTypeAxis
= us-gaap_SubsequentEventMember
   
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
   
Subsequent Event [Member] | Common Stock [Member] | Frontline 2012 [Member]                  
Property, Plant and Equipment [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] | Frontline 2012 [Member]                  
Property, Plant and Equipment [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