10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q2 2016

Filing Information

Form Type	10-Q
Accession Number	`0001558370-16-007822`
Period End Date	20160630
Filing Date	20160809
Fiscal Year	2016
Fiscal Period	Q2
XBRL Instance	gnk-20160630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 110 Cash Flow Statement 63 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$167.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.41M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$61.65M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$429.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$19.50M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$19.50M	USD	Point-in-time
Due from charterers, net of a reserve of $167 and $429, respectively	`AccountsReceivableNetCurrent`	$10.59M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$128.90M	USD	Point-in-time
Due from charterers, net of a reserve of $167 and $429, respectively	`AccountsReceivableNetCurrent`	$8.25M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$108.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$19.14M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$3.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.37M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$4.38M	USD	Point-in-time
Deferred financing costs, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$1.14M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$103.56M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$172.53M	USD	Point-in-time
Deferred financing costs, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$734.00K	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$563.00K	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$404.00K	USD	Point-in-time
Vessels, net of accumulated depreciation of $128,899 and $107,998, respectively	`VesselsNet`	$1.51B	USD	Point-in-time
Vessels, net of accumulated depreciation of $128,899 and $107,998, respectively	`VesselsNet`	$1.40B	USD	Point-in-time
Deferred financing costs	`UnamortizedDebtIssuanceExpense`	$8.36M	USD	Point-in-time
Deferred financing costs	`UnamortizedDebtIssuanceExpense`	$9.41M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $4,385 and $3,207 respectively	`DeferredDrydockCostsNet`	$16.18M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $4,385 and $3,207 respectively	`DeferredDrydockCostsNet`	$13.52M	USD	Point-in-time
Deferred financing costs, net of accumulated amortization of $1,137 and $734, respectively	`DeferredFinanceCostsNoncurrentNet`	$2.89M	USD	Point-in-time
Deferred financing costs, net of accumulated amortization of $1,137 and $734, respectively	`DeferredFinanceCostsNoncurrentNet`	$3.29M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $563 and $404, respectively	`PropertyPlantAndEquipmentNet`	$1.29M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $563 and $404, respectively	`PropertyPlantAndEquipmentNet`	$1.15M	USD	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, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	250.00M	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$7.28M	USD	Point-in-time
Investments	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$12.33M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.43B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.35M	shares	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.54B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.29M	shares	Point-in-time
Total assets	`Assets`	$1.71B	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.35M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.29M	shares	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$22.83M	USD	Point-in-time
Current portion of long-term debt, net of deferred financing costs of $8,355 and $9,411, respectively	`LongTermDebtCurrent`	$579.02M	USD	Point-in-time
Current portion of long-term debt, net of deferred financing costs of $8,355 and $9,411, respectively	`LongTermDebtCurrent`	$553.30M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$995.00K	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$607.55M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$577.13M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$1.15M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$1.51M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.15M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.51M	USD	Point-in-time
Total liabilities	`Liabilities`	$578.64M	USD	Point-in-time
Total liabilities	`Liabilities`	$608.70M	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; 50,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock, par value $0.01; 50,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at June 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$73.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.48B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.49B	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-26.00K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-542.33M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-377.19M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time

Income Statement 110 line items

Line Item	Tag	Value	Unit	Period
Voyage revenues	`CargoAndFreightRevenue`	$67.38M	USD	2 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$51.59M	USD	2 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$31.46M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$33.77M	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$1.23M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$414.00K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$819.00K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$1.63M	USD	2 Qtrs
Total revenues	`Revenues`	$31.87M	USD	1 Quarter
Total revenues	`Revenues`	$34.59M	USD	1 Quarter
Total revenues	`Revenues`	$69.01M	USD	2 Qtrs
Total revenues	`Revenues`	$52.81M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$3.76M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$3.07M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$6.97M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$8.14M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$28.54M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$58.60M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$29.93M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$57.66M	USD	2 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$13.85M	USD	1 Quarter
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$26.49M	USD	1 Quarter
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$26.71M	USD	2 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$46.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.69M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$182.00K	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$182.00K	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$67.59M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$35.40M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	1 Quarter
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-1.21M	USD	2 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-1.21M	USD	1 Quarter
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$132.64M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$80.78M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$200.54M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$188.97M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-100.77M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-46.19M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-119.96M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-147.73M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	-	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	-	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-65.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-54.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-174.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$25.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$95.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$33.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$49.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$9.01M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.69M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.13M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-9.02M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-4.73M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-9.73M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-16.90M	USD	2 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-164.63M	USD	2 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-50.92M	USD	1 Quarter
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-128.97M	USD	2 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-110.49M	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$833.00K	USD	2 Qtrs
Reorganization items, net	`ReorganizationItems`	$160.00K	USD	2 Qtrs
Reorganization items, net	`ReorganizationItems`	$65.00K	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$313.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-110.56M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-51.23M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-164.79M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-129.81M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$350.00K	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$96.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$1.26M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$718.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-131.07M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-51.95M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-52.29M	USD	2 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-11.62M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-165.14M	USD	2 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-110.65M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-40.33M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-78.77M	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-13.03	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-6.67	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-15.32	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-22.87	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-13.03	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-6.67	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-15.32	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-22.87	USD	2 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.05M	shares	2 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.22M	shares	2 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.22M	shares	1 Quarter
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.05M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.05M	shares	2 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.22M	shares	2 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.22M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.05M	shares	1 Quarter

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-131.07M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-51.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$38.81M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.40M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.69M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.46M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$564.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$729.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.05M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$24.82M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$10.93M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$67.59M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$35.40M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Loss on sale of vessel assets	`NoncashLossOnDispositionOfVessels`	$900.00K	USD	2 Qtrs
Loss on sale of vessel assets	`NoncashLossOnDispositionOfVessels`	$77.00K	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	-	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	-	USD	2 Qtrs
Realized loss on sale of investment	`GainLossOnSaleOfInvestments`	$-92.00K	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-283.00K	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-2.34M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-2.13M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$200.00K	USD	2 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.08M	USD	2 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.34M	USD	2 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-63.00K	USD	2 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$1.00K	USD	2 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$360.00K	USD	2 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$399.00K	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$1.07M	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$7.30M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-41.23M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-29.83M	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$24.72M	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$380.00K	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$207.00K	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$353.00K	USD	2 Qtrs
Net proceeds from sale of vessel assets	`ProceedsFromSaleOfVesselAssetsNet`	$1.92M	USD	2 Qtrs
Sale of AFS securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$2.36M	USD	2 Qtrs
Changes in deposits of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-19.64M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$3.70M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-5.43M	USD	2 Qtrs
Cash settlement of non-accredited Note holders	`PaymentsForCashSettlementOfNonAccreditedNoteHolders`	$720.00K	USD	2 Qtrs
Cash settlement of non-accredited Note holders	`PaymentsForCashSettlementOfNonAccreditedNoteHolders`	$101.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$4.27M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$13.49M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-26.88M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-64.41M	USD	2 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-21.77M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$83.41M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$121.07M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$61.65M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$83.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$121.07M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$56.66M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$61.65M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Issuance of shares of nonvested stock (in shares)	`StockIssuedDuringPeriodSharesShareBasedCompensation`	61,244.00	shares	2 Qtrs
Issuance of shares of RSUs (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	3,138.00	shares	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-131.07M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-51.95M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.04M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-864.00K	USD	1 Quarter
Settlement of non-accredited Note holders	`CashSettlementOfNonAccreditedNoteHolders`	$414.00K	USD	2 Qtrs
Equity effect of purchase of entities under common control	`AdjustmentToPaidInCapitalEffectOfPurchaseOfCommonControlEntities`	$590.00K	USD	2 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$24.82M	USD	2 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.93M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.19B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-131.07M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-51.95M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-3.40M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-1.04M	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-864.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-132.11M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-111.52M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-165.14M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-55.35M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-52.29M	USD	2 Qtrs
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-11.62M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-111.52M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-43.73M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-165.14M	USD	2 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-79.82M	USD	2 Qtrs

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