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NONVESTED STOCK AWARDS (Details) (USD $)
In Thousands, except Share data, unless otherwise specified
12 Months Ended 12 Months Ended 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Jul. 12, 2005
2005 GS&T Plan [Member]
Dec. 31, 2013
2005 and 2012 GS&T Plans [Member]
Dec. 31, 2012
2005 and 2012 GS&T Plans [Member]
Dec. 31, 2011
2005 and 2012 GS&T Plans [Member]
May 17, 2012
2012 GS&T Plan [Member]
Dec. 31, 2013
Baltic Trading Plan [Member]
Dec. 31, 2012
Baltic Trading Plan [Member]
Dec. 31, 2011
Baltic Trading Plan [Member]
Dec. 31, 2013
Baltic Trading Plan [Member]
Baltic Trading Limited [Member]
Anniversaries
Dec. 31, 2012
Baltic Trading Plan [Member]
Baltic Trading Limited [Member]
Dec. 31, 2011
Baltic Trading Plan [Member]
Baltic Trading Limited [Member]
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]                            
Aggregate number of shares of common stock available for award (in shares)       2,000,000       3,000,000           2,000,000
Number of anniversaries in which award vests         4 years                  
Number of anniversaries in which award vests, which are not granted as part of grants to all directors         10 years                  
Number of anniversaries in which award vests in connection with IPO                       4    
Number of anniversaries in which award vests not in connection with IPO                       4    
Number of Shares [Roll Forward]                            
Balance at the beginning of the period (in shares)         1,108,762 936,787 809,087   664,249 545,750 583,500      
Granted (in shares)         200,634 464,175 357,500   998,680 299,999 117,500      
Vested (in shares)         (407,431) (290,700) (228,700)   (281,500) (181,500) (155,250)      
Forfeited (in shares) (21,500) (1,500) (1,100)   (21,500) (1,500) (1,100)   0 0 0      
Balance at the end of the period (in shares)         880,465 1,108,762 936,787   1,381,429 664,249 545,750      
Weighted Average Grant Date Price [Roll Forward]                            
Balance at the beginning of the period (in dollars per share)         $ 9.47 $ 14.06 $ 19.40   $ 7.70 $ 11.60 $ 13.40      
Granted (in dollars per share)         $ 1.57 $ 2.71 $ 6.46   $ 5.60 $ 3.04 $ 5.11      
Vested (in dollars per share)         $ 9.46 $ 13.49 $ 21.08   $ 8.48 $ 11.71 $ 13.43      
Forfeited (in dollars per share)         $ 5.53 $ 6.39 $ 14.65   $ 0 $ 0 $ 0      
Balance at the end of the period (in dollars per share)         $ 7.77 $ 9.47 $ 14.06   $ 6.03 $ 7.70 $ 11.60      
Additional Disclosures [Abstract]                            
Total fair value of shares vested         $ 943 $ 733 $ 2,105         $ 1,194 $ 663 $ 1,275
Unrecognized compensation cost related to nonvested stock awards [Abstract]                            
Unrecognized compensation cost         $ 2,403             $ 5,934    
Weighted-average period for recognition of unrecognized compensation cost         2 years 1 month 28 days             3 years 1 month 24 days