10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2013

Filing Information

Form Type	10-Q
Accession Number	`0001140361-13-041422`
Period End Date	20130930
Filing Date	20131108
Fiscal Year	2013
Fiscal Period	Q3
XBRL Instance	gnk-20130930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 100 Income Statement 92 Cash Flow Statement 70 Stockholders Equity 35 Comprehensive Income 28

Balance Sheet 100 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$227.97M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$72.60M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$109.49M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$488.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$87.78M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$361.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	-	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalents`	$9.85M	USD	Point-in-time
Due from charterers, net of a reserve of $361 and $488, respectively	`AccountsReceivableNetCurrent`	$11.71M	USD	Point-in-time
Due from charterers, net of a reserve of $361 and $488, respectively	`AccountsReceivableNetCurrent`	$14.78M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$597.21M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$696.62M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.15M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$11.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$18.39M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$8.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$102.46M	USD	Point-in-time
Other assets, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$13.16M	USD	Point-in-time
Other assets, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$20.02M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$152.51M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$4.00M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.31M	USD	Point-in-time
Vessels, net of accumulated depreciation of $696,621 and $597,214, respectively	`VesselsNet`	$2.60B	USD	Point-in-time
Vessels, net of accumulated depreciation of $696,621 and $597,214, respectively	`VesselsNet`	$2.66B	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,119 and $8,086, respectively	`DeferredDrydockCostsNet`	$9.71M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,119 and $8,086, respectively	`DeferredDrydockCostsNet`	$12.04M	USD	Point-in-time
Other assets, net of accumulated amortization of $20,025 and $13,162, respectively	`DeferredFinanceCostsNoncurrentNet`	$29.56M	USD	Point-in-time
Other assets, net of accumulated amortization of $20,025 and $13,162, respectively	`DeferredFinanceCostsNoncurrentNet`	$23.52M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $3,998 and $3,311, respectively	`PropertyPlantAndEquipmentNet`	$5.26M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $3,998 and $3,311, respectively	`PropertyPlantAndEquipmentNet`	$5.20M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other noncurrent assets	`DepositsAssetsNoncurrent`	$514.00K	USD	Point-in-time
Other noncurrent assets	`DepositsAssetsNoncurrent`	$514.00K	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$300.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$10.15M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.27M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	44.45M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.45M	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$41.83M	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$20.99M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	44.27M	shares	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$2.74B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$2.69B	USD	Point-in-time
Total assets	`Assets`	$2.84B	USD	Point-in-time
Total assets	`Assets`	$2.84B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.50M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.67M	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	-	USD	Point-in-time
Current portion of long-term debt	`LinesOfCreditCurrent`	$1.31B	USD	Point-in-time
Current interest payable	`InterestPayableCurrent`	$13.20M	USD	Point-in-time
Current interest payable	`InterestPayableCurrent`	-	USD	Point-in-time
Convertible senior note payable	`ConvertibleNotesPayableCurrent`	$114.57M	USD	Point-in-time
Convertible senior note payable	`ConvertibleNotesPayableCurrent`	-	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.42M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.32M	USD	Point-in-time
Current portion of lease obligations	`DeferredRentCreditCurrent`	$682.00K	USD	Point-in-time
Current portion of lease obligations	`DeferredRentCreditCurrent`	$284.00K	USD	Point-in-time
Fair value of derivative instruments	`DerivativeLiabilitiesCurrent`	$9.29M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeLiabilitiesCurrent`	$7.00K	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$25.68M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.48B	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$2.46M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$3.02M	USD	Point-in-time
Time charters acquired	`FairMarketValueOfTimeChartersAcquired`	$418.00K	USD	Point-in-time
Time charters acquired	`FairMarketValueOfTimeChartersAcquired`	$135.00K	USD	Point-in-time
Fair value of derivative instruments	`DerivativeLiabilitiesNoncurrent`	$16.05M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeLiabilitiesNoncurrent`	-	USD	Point-in-time
Convertible senior note payable	`ConvertibleLongTermNotesPayable`	-	USD	Point-in-time
Convertible senior note payable	`ConvertibleLongTermNotesPayable`	$110.92M	USD	Point-in-time
Long-term interest payable	`InterestPayableNoncurrent`	-	USD	Point-in-time
Long-term interest payable	`InterestPayableNoncurrent`	$13.20M	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$1.41B	USD	Point-in-time
Long-term debt	`LongTermLineOfCredit`	$122.75M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.56B	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$125.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$1.58B	USD	Point-in-time
Total liabilities	`Liabilities`	$1.60B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 100,000,000 shares authorized; issued and outstanding 44,449,407 and 44,270,273 shares at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$445.00K	USD	Point-in-time
Common stock, par value $0.01; 100,000,000 shares authorized; issued and outstanding 44,449,407 and 44,270,273 shares at September 30, 2013 and December 31, 2012, respectively	`CommonStockValue`	$443.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$849.02M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$863.30M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-11.84M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$15.76M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$85.82M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$214.39M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$951.05M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$1.07B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$283.82M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$194.91M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.84B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$2.84B	USD	Point-in-time

Income Statement 92 line items

Line Item	Tag	Value	Unit	Period
Voyage revenues	`CargoAndFreightRevenue`	$58.60M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$143.22M	USD	3 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$53.60M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$174.74M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$2.46M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$2.47M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$828.00K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$828.00K	USD	1 Quarter
Total revenues	`Revenues`	$177.21M	USD	3 Qtrs
Total revenues	`Revenues`	$145.68M	USD	3 Qtrs
Total revenues	`Revenues`	$59.43M	USD	1 Quarter
Total revenues	`Revenues`	$54.43M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$2.69M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$6.35M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$2.21M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$5.10M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$81.40M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$28.27M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$85.62M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$27.52M	USD	1 Quarter
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$24.54M	USD	3 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$25.68M	USD	3 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$7.87M	USD	1 Quarter
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$8.62M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.95M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.32M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$216.62M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$72.82M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$220.35M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$74.62M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-13.39M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-20.19M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-70.94M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-43.15M	USD	3 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-43.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-45.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-40.00K	USD	3 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-58.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$352.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$14.00K	USD	1 Quarter
Interest income	`InterestIncomeOther`	$49.00K	USD	3 Qtrs
Interest income	`InterestIncomeOther`	$49.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$23.08M	USD	1 Quarter
Interest expense	`InterestExpense`	$65.16M	USD	3 Qtrs
Interest expense	`InterestExpense`	$65.92M	USD	3 Qtrs
Interest expense	`InterestExpense`	$21.55M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-64.85M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-23.11M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-21.54M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-65.93M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-108.00M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-136.87M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-36.50M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-41.73M	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$918.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$303.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$479.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$997.00K	USD	3 Qtrs
Net loss	`ProfitLoss`	$-137.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-108.92M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-36.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.04M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-3.59M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-1.94M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-9.30M	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-9.63M	USD	3 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-99.29M	USD	3 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-128.57M	USD	3 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-38.45M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-35.03M	USD	1 Quarter
Net loss per share-basic (in dollars per share)	`EarningsPerShareBasic`	$-0.81	USD	1 Quarter
Net loss per share-basic (in dollars per share)	`EarningsPerShareBasic`	$-2.98	USD	3 Qtrs
Net loss per share-basic (in dollars per share)	`EarningsPerShareBasic`	$-2.40	USD	3 Qtrs
Net loss per share-basic (in dollars per share)	`EarningsPerShareBasic`	$-0.90	USD	1 Quarter
Net loss per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.40	USD	3 Qtrs
Net loss per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.81	USD	1 Quarter
Net loss per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$-0.90	USD	1 Quarter
Net loss per share-diluted (in dollars per share)	`EarningsPerShareDiluted`	$-2.98	USD	3 Qtrs
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.23M	shares	1 Quarter
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	43.20M	shares	3 Qtrs
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.29M	shares	3 Qtrs
Weighted average common shares outstanding-basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	42.89M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.29M	shares	3 Qtrs
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.23M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.89M	shares	1 Quarter
Weighted average common shares outstanding-diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	43.20M	shares	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	3 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	-	USD	1 Quarter

Cash Flow Statement 70 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-137.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-108.92M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-36.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.22M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$103.95M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$35.04M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$104.32M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.60M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$6.86M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.17M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.56M	USD	3 Qtrs
Amortization of time charters acquired	`RecognitionOfDeferredRevenue`	$558.00K	USD	3 Qtrs
Amortization of time charters acquired	`RecognitionOfDeferredRevenue`	$283.00K	USD	3 Qtrs
Amortization of time charters acquired	`RecognitionOfDeferredRevenue`	$187.00K	USD	1 Quarter
Amortization of time charters acquired	`RecognitionOfDeferredRevenue`	$51.00K	USD	1 Quarter
Amortization of discount on Convertible Senior Notes	`AmortizationOfDebtDiscountPremium`	$3.35M	USD	3 Qtrs
Amortization of discount on Convertible Senior Notes	`AmortizationOfDebtDiscountPremium`	$3.65M	USD	3 Qtrs
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$76.00K	USD	3 Qtrs
Unrealized loss (gain) on derivative instruments	`UnrealizedGainLossOnDerivatives`	$-3.00K	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$3.47M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$4.59M	USD	3 Qtrs
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$3.07M	USD	3 Qtrs
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-5.07M	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-689.00K	USD	3 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$244.00K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$146.00K	USD	3 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.75M	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$98.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-2.35M	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$152.00K	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$875.00K	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$-10.44M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$-1.87M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-24.63M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-4.01M	USD	3 Qtrs
Purchase of vessels	`PaymentsToAcquireVessels`	$41.10M	USD	3 Qtrs
Purchase of vessels	`PaymentsToAcquireVessels`	$894.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquireOtherProductiveAssets`	$427.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquireOtherProductiveAssets`	$1.95M	USD	3 Qtrs
Changes in deposits of restricted cash	`IncreaseDecreaseInRestrictedCash`	-	USD	3 Qtrs
Changes in deposits of restricted cash	`IncreaseDecreaseInRestrictedCash`	$400.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-41.52M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-3.24M	USD	3 Qtrs
Repayments on the 2007 Credit Facility	`RepaymentsOfLinesOfCredit`	$118.59M	USD	3 Qtrs
Repayments on the 2007 Credit Facility	`RepaymentsOfLinesOfCredit`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$50.72M	USD	3 Qtrs
Payment of common stock issuance costs	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Payment of common stock issuance costs	`PaymentsOfStockIssuanceCosts`	$847.00K	USD	3 Qtrs
Proceeds from issuance of common stock by subsidiary	`ProceedsFromMinorityShareholders`	-	USD	3 Qtrs
Proceeds from issuance of common stock by subsidiary	`ProceedsFromMinorityShareholders`	$81.70M	USD	3 Qtrs
Payment of common stock issuance costs by subsidiary	`PaymentsOfStockIssuanceCostsOfMinorityShareholders`	-	USD	3 Qtrs
Payment of common stock issuance costs by subsidiary	`PaymentsOfStockIssuanceCostsOfMinorityShareholders`	$379.00K	USD	3 Qtrs
Payment of dividend by subsidiary	`PaymentsOfDividendsBySubsidiary`	$3.91M	USD	3 Qtrs
Payment of dividend by subsidiary	`PaymentsOfDividendsBySubsidiary`	$584.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$4.33M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$695.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$103.04M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-132.94M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-140.19M	USD	3 Qtrs
Net increase (decrease) in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$36.89M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$227.97M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$72.60M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$109.49M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$87.78M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$227.97M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$72.60M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$109.49M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$87.78M	USD	Point-in-time

Stockholders Equity 35 line items

Line Item	Tag	Value	Unit	Period
Issuance of common stock (in shares)	`StockIssuedDuringPeriodSharesNewIssues`	7.50M	shares	3 Qtrs
Issuance of shares of nonvested stock (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	200,634.00	shares	3 Qtrs
Issuance of shares of nonvested stock (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	15,000.00	shares	3 Qtrs
Forfeiture of shares of nonvested stock (in shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod`	21,500.00	shares	3 Qtrs
Forfeiture of shares of nonvested stock (in shares)	`ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsForfeitedInPeriod`	1,500.00	shares	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time
Net loss	`ProfitLoss`	$-137.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-108.92M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-36.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.04M	USD	1 Quarter
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-643.00K	USD	3 Qtrs
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.56M	USD	1 Quarter
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.84M	USD	3 Qtrs
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.51M	USD	1 Quarter
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$6.39M	USD	3 Qtrs
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.52M	USD	1 Quarter
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$6.76M	USD	3 Qtrs
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.08M	USD	1 Quarter
Issuance of nonvested stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	3 Qtrs
Issuance of nonvested stock	`StockIssuedDuringPeriodValueShareBasedCompensation`	-	USD	3 Qtrs
Issuance of 7,500,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$49.87M	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$4.59M	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.47M	USD	3 Qtrs
Issuance of common stock of Baltic Trading Limited	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$81.04M	USD	3 Qtrs
Cash dividends paid by Baltic Trading Limited	`DividendsCashPaidBySubsidiary`	$584.00K	USD	3 Qtrs
Cash dividends paid by Baltic Trading Limited	`DividendsCashPaidBySubsidiary`	$3.91M	USD	3 Qtrs
Vesting of restricted shares issued by Baltic Trading Limited	`VestingOfRestrictedSharesOfSubsidiary`	-	USD	3 Qtrs
Vesting of restricted shares issued by Baltic Trading Limited	`VestingOfRestrictedSharesOfSubsidiary`	-	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.23B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.31B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.36B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.26B	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-137.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-108.92M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-36.98M	USD	1 Quarter
Net loss	`ProfitLoss`	$-42.04M	USD	1 Quarter
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-643.00K	USD	3 Qtrs
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-3.56M	USD	1 Quarter
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$20.84M	USD	3 Qtrs
Change in unrealized gain on investments	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$14.51M	USD	1 Quarter
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$6.39M	USD	3 Qtrs
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$1.52M	USD	1 Quarter
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$6.76M	USD	3 Qtrs
Unrealized gain on cash flow hedges, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax`	$2.08M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$27.60M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-2.04M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$16.59M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$5.75M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-103.16M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-44.07M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-20.39M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-110.26M	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.30M	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-9.63M	USD	3 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-1.94M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.59M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-100.96M	USD	3 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-40.48M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-93.54M	USD	3 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-18.44M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.