10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2016

Filing Information

Form Type	10-Q
Accession Number	`0001558370-16-009379`
Period End Date	20160930
Filing Date	20161104
Fiscal Year	2016
Fiscal Period	Q3
XBRL Instance	gnk-20160930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 106 Cash Flow Statement 63 Stockholders Equity 22 Comprehensive Income 18

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$40.03M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$44.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.07M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$429.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$83.41M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$290.00K	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 $290 and $429, respectively	`AccountsReceivableNetCurrent`	$10.59M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$108.00M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$145.98M	USD	Point-in-time
Due from charterers, net of a reserve of $290 and $429, respectively	`AccountsReceivableNetCurrent`	$8.47M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$5.34M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$3.21M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$17.07M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$21.37M	USD	Point-in-time
Deferred financing costs, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$1.34M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$2.75M	USD	Point-in-time
Deferred financing costs, accumulated amortization	`AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts`	$734.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$172.53M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$404.00K	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$660.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$87.82M	USD	Point-in-time
Deferred financing costs	`UnamortizedDebtIssuanceExpense`	$9.41M	USD	Point-in-time
Deferred financing costs	`UnamortizedDebtIssuanceExpense`	$7.82M	USD	Point-in-time
Vessels, net of accumulated depreciation of $145,976 and $107,998, respectively	`VesselsNet`	$1.38B	USD	Point-in-time
Vessels, net of accumulated depreciation of $145,976 and $107,998, respectively	`VesselsNet`	$1.51B	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $5,338 and $3,207 respectively	`DeferredDrydockCostsNet`	$16.18M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $5,338 and $3,207 respectively	`DeferredDrydockCostsNet`	$13.51M	USD	Point-in-time
Deferred financing costs, net of accumulated amortization of $1,340 and $734, respectively	`DeferredFinanceCostsNoncurrentNet`	$3.29M	USD	Point-in-time
Deferred financing costs, net of accumulated amortization of $1,340 and $734, respectively	`DeferredFinanceCostsNoncurrentNet`	$2.69M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $660 and $404, respectively	`PropertyPlantAndEquipmentNet`	$1.07M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $660 and $404, respectively	`PropertyPlantAndEquipmentNet`	$1.29M	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
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
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	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`	$12.33M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.29M	shares	Point-in-time
Investments	`AvailableForSaleSecuritiesEquitySecuritiesNoncurrent`	$6.19M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.35M	shares	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.41B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.54B	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
Total assets	`Assets`	$1.71B	USD	Point-in-time
Total assets	`Assets`	$1.49B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.47M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$21.68M	USD	Point-in-time
Current portion of long-term debt, net of deferred financing costs of $7,821 and $9,411, respectively	`LongTermDebtCurrent`	$540.46M	USD	Point-in-time
Current portion of long-term debt, net of deferred financing costs of $7,821 and $9,411, respectively	`LongTermDebtCurrent`	$579.02M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.50M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.06M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$563.63M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$607.55M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$1.69M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$1.15M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.15M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$1.69M	USD	Point-in-time
Total liabilities	`Liabilities`	$608.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$565.32M	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; 500,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at September 30, 2016 and December 31, 2015, respectively	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 7,354,449 and 7,289,823 shares at September 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`	$1.50B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-21.00K	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$290.00K	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-569.84M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-377.19M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$928.14M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.71B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.49B	USD	Point-in-time

Income Statement 106 line items

Line Item	Tag	Value	Unit	Period
Voyage revenues	`CargoAndFreightRevenue`	$116.55M	USD	3 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$49.17M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$37.87M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$89.46M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$1.02M	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$828.00K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$2.46M	USD	3 Qtrs
Service revenues	`SalesRevenueServicesNet`	$2.24M	USD	3 Qtrs
Total revenues	`Revenues`	$49.99M	USD	1 Quarter
Total revenues	`Revenues`	$119.00M	USD	3 Qtrs
Total revenues	`Revenues`	$38.89M	USD	1 Quarter
Total revenues	`Revenues`	$91.70M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$14.78M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$9.23M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$6.64M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$2.26M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$28.46M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$86.12M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$31.54M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$90.14M	USD	3 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$73.80M	USD	3 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$36.86M	USD	3 Qtrs
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$10.15M	USD	1 Quarter
General, administrative, and management fees	`GeneralAdministrativeExpenseAndManagementFees`	$26.98M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.15M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.13M	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	$182.00K	USD	3 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	3 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$35.40M	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-1.21M	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$59.00M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$259.54M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$85.29M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$274.25M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-20.11M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-155.25M	USD	3 Qtrs
Operating loss	`OperatingIncomeLoss`	$-35.29M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-167.84M	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$32.54M	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	$32.54M	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	-	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$125.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-49.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-653.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-707.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$143.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$49.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$71.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$22.00K	USD	1 Quarter
Interest expense	`InterestExpense`	$7.07M	USD	1 Quarter
Interest expense	`InterestExpense`	$4.88M	USD	1 Quarter
Interest expense	`InterestExpense`	$21.20M	USD	3 Qtrs
Interest expense	`InterestExpense`	$13.89M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-47.06M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-38.04M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-6.90M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-23.80M	USD	3 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-191.64M	USD	3 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-73.34M	USD	1 Quarter
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-202.31M	USD	3 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-27.01M	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$243.00K	USD	3 Qtrs
Reorganization items, net	`ReorganizationItems`	$174.00K	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$1.01M	USD	3 Qtrs
Reorganization items, net	`ReorganizationItems`	$83.00K	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-191.89M	USD	3 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-27.10M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-73.51M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-203.31M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$1.55M	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$766.00K	USD	3 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$417.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$292.00K	USD	1 Quarter
Net loss	`ProfitLoss`	$-204.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-192.65M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-27.51M	USD	1 Quarter
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-59.47M	USD	3 Qtrs
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$-7.18M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-27.51M	USD	1 Quarter
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-192.65M	USD	3 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-145.40M	USD	3 Qtrs
Net loss attributable to Genco Shipping & Trading Limited	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-66.62M	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-26.65	USD	3 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-9.54	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-22.86	USD	3 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-3.80	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-26.65	USD	3 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-9.54	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-3.80	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-22.86	USD	3 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.36M	shares	3 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.25M	shares	1 Quarter
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	7.23M	shares	3 Qtrs
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	6.98M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.23M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.25M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.98M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	6.36M	shares	3 Qtrs

Cash Flow Statement 63 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-204.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-192.65M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-27.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.93M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$20.12M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$58.15M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.13M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.19M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$637.00K	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.69M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$737.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$36.67M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$14.51M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$35.40M	USD	3 Qtrs
Loss on sale of vessel assets	`NoncashLossOnDispositionOfVessels`	$77.00K	USD	3 Qtrs
Loss on sale of vessel assets	`NoncashLossOnDispositionOfVessels`	$900.00K	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$32.54M	USD	1 Quarter
Impairment of investment	`ImpairmentOfInvestments`	$32.54M	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	3 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	-	USD	1 Quarter
Realized (gain) loss on sale of investment	`GainLossOnSaleOfInvestments`	$-662.00K	USD	3 Qtrs
Realized (gain) loss on sale of investment	`GainLossOnSaleOfInvestments`	$64.00K	USD	3 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-600.00K	USD	3 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-2.12M	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-4.22M	USD	3 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$89.00K	USD	3 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.27M	USD	3 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-5.39M	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$438.00K	USD	3 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-381.00K	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$579.00K	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInOtherDeferredLiability`	$539.00K	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$2.02M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$10.29M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-39.39M	USD	3 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$-45.91M	USD	3 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$425.00K	USD	3 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$46.13M	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$284.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$586.00K	USD	3 Qtrs
Net proceeds from sale of vessel assets	`ProceedsFromSaleOfVesselAssetsNet`	$1.92M	USD	3 Qtrs
Sale of AFS securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$688.00K	USD	3 Qtrs
Sale of AFS securities	`ProceedsFromSaleOfAvailableForSaleSecurities`	$3.90M	USD	3 Qtrs
Changes in deposits of restricted cash	`IncreaseDecreaseInRestrictedCash`	$-19.63M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-26.40M	USD	3 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$5.12M	USD	3 Qtrs
Cash settlement of non-accredited Note holders	`PaymentsForCashSettlementOfNonAccreditedNoteHolders`	$101.00K	USD	3 Qtrs
Cash settlement of non-accredited Note holders	`PaymentsForCashSettlementOfNonAccreditedNoteHolders`	$748.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$4.54M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$26.85M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-40.26M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-38.94M	USD	3 Qtrs
Net decrease in cash and cash equivalents	`NetCashProvidedByUsedInContinuingOperations`	$-81.05M	USD	3 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$40.03M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$44.48M	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`	$83.41M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$40.03M	USD	Point-in-time
Cash and cash equivalents at end of period	`CashAndCashEquivalentsAtCarryingValue`	$44.48M	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`	$83.41M	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	3 Qtrs
Issuance of shares of RSUs (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	3,138.00	shares	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$928.14M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time
Net loss	`ProfitLoss`	$-204.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-192.65M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-27.51M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$316.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$25.30M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$26.34M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$311.00K	USD	3 Qtrs
Settlement of non-accredited Note holders	`CashSettlementOfNonAccreditedNoteHolders`	$414.00K	USD	3 Qtrs
Equity effect of purchase of entities under common control	`AdjustmentToPaidInCapitalEffectOfPurchaseOfCommonControlEntities`	$590.00K	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$36.67M	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$14.51M	USD	3 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$928.14M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.29B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.15B	USD	Point-in-time

Comprehensive Income 18 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-204.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-192.65M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-73.80M	USD	1 Quarter
Net loss	`ProfitLoss`	$-27.51M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$316.00K	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$25.30M	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$26.34M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$311.00K	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-179.57M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-192.34M	USD	3 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-27.20M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-47.46M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-7.18M	USD	1 Quarter
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-59.47M	USD	3 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-192.34M	USD	3 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-27.20M	USD	1 Quarter
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-120.10M	USD	3 Qtrs
Comprehensive loss attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-40.28M	USD	1 Quarter

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