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NON-MONETARY EXCHANGE TRANSACTION	12 Months Ended
NON-MONETARY EXCHANGE TRANSACTION	Dec. 31, 2012
NON-MONETARY EXCHANGE TRANSACTION [Abstract]
NON-MONETARY EXCHANGE TRANSACTION	NOTE F – NON-MONETARY EXCHANGE TRANSACTION On October 22, 2012, we acquired a newer vessel in exchange for one of our existing vessels and $3.7 million in cash. This transaction has been accounted for under the ASC 845, generating a gain based on fair market value of the vessel received less the book value of the vessel tendered. The gain recognized is approximately $12.2 million from this transaction which is included in our Condensed Consolidated Statements of Income under the caption "(Gain) Loss on Sale/Purchase of Other Assets."