Start by downloading and installing the CS5.5 update to version 7.5.3 and try again (after emptying the InDesign Recovery folder in your user library -- it's a hidden folder, so see Replace Your Preferences for where it lives [same folder as InDesignSaved Data file]).
If after that it still crashes, check your fonts. This is text-related.
Thank you Peter,
I did as you suggested. It didn't work, but I did the 'automatic way' by hold down the shift+ctrl+cmd+opt when I launched the program. It seems to work, so now I keep my fingers crossed.
However, you said this it is text-related. Where will I check my fonts?
Thanks for quick respons and helping out!
Ok, thanks a lot.
I am having this problem as well. How do you replace your preferences if it won't open?
Read the link... in my first response.
I did read the link....the auto version wasnt working b/c it never opened and I don't get those path options to find the files on my computer.
From the other thread we already know it isn't a prefs problem in your case, so it's moot, but if the keyboard method didn't work it's because you were not fast enough on the keys. The folders are hidden on newer versions of OSX, so see Access hidden user library files | Mac OS 10.7 Lion for instructions on how to find them.
Can someone please help? I've followed your advice per renaming the preferences and cache files but I still get this error for In Design 5.5. Can someone please be of help?
Process: Adobe InDesign CS5.5 
Path: /Applications/Adobe InDesign CS5.5/Adobe InDesign CS5.5.app/Contents/MacOS/Adobe InDesign CS5.5
Version: 188.8.131.52 (7500)
Code Type: X86 (Native)
Parent Process: launchd 
Responsible: Adobe InDesign CS5.5 
User ID: 501
Date/Time: 2014-01-21 09:55:41.101 -0500
OS Version: Mac OS X 10.9.1 (13B42)
Report Version: 11
Anonymous UUID: D41B6C6F-32B2-037D-EBAC-7F8F0985704A
Sleep/Wake UUID: C1F8B67B-F07B-4D76-9DDF-115521AFE0FF
Crashed Thread: 0 Dispatch queue: com.apple.main-thread
Exception Type: EXC_BAD_ACCESS (SIGBUS)
Exception Codes: 0x000000000000000a, 0x000000000a434000
VM Regions Near 0xa434000:
VM_ALLOCATE 000000000a42f000-000000000a434000 [ 20K] rw-/rwx SM=PRV
--> mapped file 000000000a434000-000000000a437000 [ 12K] r--/r-x SM=PRV /Library/Fonts/Fonts/Fonts1/universroman/..namedfork/rsrc
mapped file 000000000a439000-000000000a445000 [ 48K] rw-/rwx SM=COW /private/var/folders/*
Thread 0 Crashed:: Dispatch queue: com.apple.main-thread
0 com.adobe.CoolType 0x008f2c05 CTCleanup + 17693
1 com.adobe.CoolType 0x008f3258 CTCleanup + 19312
2 com.adobe.CoolType 0x009fd126 CTCleanup + 1108542
3 com.adobe.CoolType 0x009435b3 CTCleanup + 347851
4 com.adobe.CoolType 0x00899430 0x890000 + 37936
5 com.adobe.CoolType 0x009a7723 CTCleanup + 757819
6 com.adobe.CoolType 0x0094e9ae CTCleanup + 393926
7 com.adobe.CoolType 0x0094e3e3 CTCleanup + 392443
8 com.adobe.CoolType 0x008ee115 CTGetVersion + 17347
9 com.adobe.CoolType 0x008ee67c CTInit + 66
10 PublicLib.dylib 0x0135ae17 GetPublicPlugIn + 29207
11 PublicLib.dylib 0x013dd1f2 CoolTypeMain::CoolTypeMain(void* (*)(char const*, char const*, char const*)) + 578
12 PublicLib.dylib 0x013dd34d CoolTypeMain::Instance(void* (*)(char const*, char const*, char const*)) + 141
13 PublicLib.dylib 0x012dbfcb EPSParseColor::GetColorSpaceList(K2Vector<long, K2Allocator<long> >&) + 411
14 PublicLib.dylib 0x012dc2df GraphicsDataPtr::GraphicsDataPtr(IGraphicsContext*) + 223
15 ObjectModelLib.dylib 0x01152256 ShuksanInit(IStartupScreen* (*)(), IPlugIn*) + 118
16 com.adobe.InDesign 0x00002842 main + 82
17 com.adobe.InDesign 0x000027c6 start + 54
Message was edited by: Peter Spier
You really need to update the software to the 7.5.3 version as per Peter in the first reply. The log file you just posted still shows a non-updated version of the application.
Please, in future put crash report on Pastebin.com or some other external server and provide a link so we keep the forum navigable. I've trimmed all but the pertinent info from your post.
In additiion to waht Larry said, looking at the crash report the problem is clearly type related, and the Univers Roman font is loaded into virtual memory near the crash location, so dollars to donuts it's damaged and should be reinstalled.