10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q2 2017

Filing Information

Form Type	10-Q
Accession Number	`0001558370-17-006510`
Period End Date	20170630
Filing Date	20170810
Fiscal Year	2017
Fiscal Period	Q2
XBRL Instance	gnk-20170630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 104 Cash Flow Statement 65 Stockholders Equity 19 Comprehensive Income 10

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$56.66M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$121.07M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$147.15M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.34M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.24M	USD	Point-in-time
Due from charterers, net of a reserve of $132 and $283, respectively	`AccountsReceivableNetCurrent`	$6.43M	USD	Point-in-time
Due from charterers, net of a reserve of $132 and $283, respectively	`AccountsReceivableNetCurrent`	$10.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$15.75M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$22.43M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$4.84M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$172.60M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$283.00K	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$132.00K	USD	Point-in-time
Total current assets	`AssetsCurrent`	$184.35M	USD	Point-in-time
Vessels, net of accumulated depreciation of $193,922 and $163,053, respectively	`VesselsNet`	$1.35B	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$163.05M	USD	Point-in-time
Vessels, net of accumulated depreciation of $193,922 and $163,053, respectively	`VesselsNet`	$1.32B	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$193.92M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$7.86M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $7,862 and $6,340 respectively	`DeferredDrydockCostsNet`	$15.06M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$6.34M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $7,862 and $6,340 respectively	`DeferredDrydockCostsNet`	$12.64M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$878.00K	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$759.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $878 and $759, respectively	`PropertyPlantAndEquipmentNet`	$951.00K	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $878 and $759, respectively	`PropertyPlantAndEquipmentNet`	$1.02M	USD	Point-in-time
Deferred finance costs, noncurrent	`DeferredDebtFinanceCostsNoncurrentNet`	$11.36M	USD	Point-in-time
Other noncurrent assets	`DepositsAssetsNoncurrent`	$514.00K	USD	Point-in-time
Deferred finance costs, noncurrent	`DeferredDebtFinanceCostsNoncurrentNet`	$10.20M	USD	Point-in-time
Other noncurrent assets	`DepositsAssetsNoncurrent`	$514.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$25.51M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$27.43M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.36B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.40B	USD	Point-in-time
Total assets	`Assets`	$1.54B	USD	Point-in-time
Total assets	`Assets`	$1.57B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$20.36M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$22.89M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$4.58M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$9.58M	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 issued (in shares)	`CommonStockSharesIssued`	34.43M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	7.35M	shares	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.65M	USD	Point-in-time
Deferred revenue	`DeferredRevenueAndCreditsCurrent`	$1.49M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$28.95M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	34.43M	shares	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$31.58M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	7.35M	shares	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$1.87M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$2.23M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $10,204 and $11,357, respectively	`LongTermDebtNoncurrent`	$506.04M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $10,204 and $11,357, respectively	`LongTermDebtNoncurrent`	$508.44M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$508.27M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$510.31M	USD	Point-in-time
Total liabilities	`Liabilities`	$539.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$539.85M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Series A Preferred Stock, par value $0.01; aggregate liquidation preference of $0 and $120,789 at June 30, 2017 and December 31, 2016, respectively	`PreferredStockValue`	$120.79M	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,434,538 and 7,354,449 shares at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$74.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; issued and outstanding 34,434,538 and 7,354,449 shares at June 30, 2017 and December 31, 2016, respectively	`CommonStockValue`	$344.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.50B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-625.06M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-594.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.00B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.54B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.57B	USD	Point-in-time

Income Statement 104 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.57M	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$2.28M	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$5.44M	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$10.93M	USD	2 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$45.37M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$31.46M	USD	1 Quarter
Voyage revenues	`CargoAndFreightRevenue`	$51.59M	USD	2 Qtrs
Voyage revenues	`CargoAndFreightRevenue`	$83.62M	USD	2 Qtrs
Service revenues	`SalesRevenueServicesNet`	$414.00K	USD	1 Quarter
Service revenues	`SalesRevenueServicesNet`	$1.23M	USD	2 Qtrs
Total revenues	`Revenues`	$83.62M	USD	2 Qtrs
Total revenues	`Revenues`	$45.37M	USD	1 Quarter
Total revenues	`Revenues`	$52.81M	USD	2 Qtrs
Total revenues	`Revenues`	$31.87M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$3.07M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$4.19M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$951.00K	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$6.97M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$28.54M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$23.85M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$57.66M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$48.74M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,570, $5,442, $2,281 and $10,928, respectively)	`GeneralAndAdministrativeExpense`	$11.59M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,570, $5,442, $2,281 and $10,928, respectively)	`GeneralAndAdministrativeExpense`	$5.75M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,570, $5,442, $2,281 and $10,928, respectively)	`GeneralAndAdministrativeExpense`	$22.16M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,570, $5,442, $2,281 and $10,928, respectively)	`GeneralAndAdministrativeExpense`	$10.66M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$4.55M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$2.26M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.85M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.87M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.36M	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	-	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$182.00K	USD	2 Qtrs
Other operating income	`OtherOperatingIncome`	$182.00K	USD	1 Quarter
Other operating income	`OtherOperatingIncome`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$67.59M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	2 Qtrs
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	1 Quarter
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$1.34M	USD	1 Quarter
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	2 Qtrs
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$52.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$99.43M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$200.54M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$132.64M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-7.24M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-15.81M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-100.77M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-147.73M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	1 Quarter
Other expense	`OtherNonoperatingIncomeExpense`	$-115.00K	USD	2 Qtrs
Other expense	`OtherNonoperatingIncomeExpense`	$-174.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$338.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$33.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$512.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$95.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$14.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.01M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.13M	USD	2 Qtrs
Interest expense	`InterestExpense`	$7.56M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-14.30M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-7.28M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-16.90M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-9.73M	USD	1 Quarter
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-14.51M	USD	1 Quarter
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-110.49M	USD	1 Quarter
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-30.11M	USD	2 Qtrs
Loss before reorganization items, net	`IncomeLossBeforeReorganizationItems`	$-164.63M	USD	2 Qtrs
Reorganization items, net	`ReorganizationItems`	$65.00K	USD	1 Quarter
Reorganization items, net	`ReorganizationItems`	$160.00K	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-110.56M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.51M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-164.79M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.11M	USD	2 Qtrs
Income tax expense	`IncomeTaxExpenseBenefit`	$96.00K	USD	1 Quarter
Income tax expense	`IncomeTaxExpenseBenefit`	$350.00K	USD	2 Qtrs
Net loss	`ProfitLoss`	$-30.11M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.51M	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-15.32	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-22.87	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-0.89	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-22.87	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.89	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-15.32	USD	1 Quarter
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`	34.43M	shares	1 Quarter
Weighted average common shares outstanding - Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	33.97M	shares	2 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.22M	shares	2 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.43M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	7.22M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.97M	shares	2 Qtrs

Cash Flow Statement 65 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-30.11M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.51M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$19.69M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$40.02M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.36M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.15M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.46M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$580.00K	USD	1 Quarter
PIK interest, net	`PaidInKindInterest`	$3.03M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.57M	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.28M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$5.44M	USD	1 Quarter
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`	$3.34M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$69.28M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	2 Qtrs
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	1 Quarter
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$1.34M	USD	1 Quarter
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	2 Qtrs
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-77.00K	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	2 Qtrs
Impairment of investment	`ImpairmentOfInvestments`	$2.70M	USD	1 Quarter
Realized loss on sale of investment	`GainLossOnSaleOfInvestments`	$-92.00K	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-3.94M	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-2.34M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$6.68M	USD	2 Qtrs
(Increase) decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-2.13M	USD	2 Qtrs
Decrease in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.41M	USD	2 Qtrs
Decrease in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-4.34M	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-63.00K	USD	2 Qtrs
Increase (decrease) in deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$160.00K	USD	2 Qtrs
Increase in lease obligations	`IncreaseDecreaseInLeaseObligations`	$360.00K	USD	2 Qtrs
Increase in lease obligations	`IncreaseDecreaseInLeaseObligations`	$360.00K	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$5.29M	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$1.07M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-41.23M	USD	2 Qtrs
Net cash used in operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-585.00K	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$252.00K	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`	$65.00K	USD	2 Qtrs
Net proceeds from sale of vessel assets	`ProceedsFromSaleOfVesselAssetsNet`	$15.51M	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`	$-1.83M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$17.02M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$3.70M	USD	2 Qtrs
Cash settlement of non-accredited Note holders	`PaymentsForCashSettlementOfNonAccreditedNoteHolders`	$101.00K	USD	2 Qtrs
Payment of Series A Preferred Stock issuance costs	`PaymentsOfStockIssuanceCosts`	$1.10M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.68M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-26.88M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-64.41M	USD	2 Qtrs
Net increase (decrease) in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$13.75M	USD	2 Qtrs
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$56.66M	USD	Point-in-time
Cash and cash equivalents at beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	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`	$147.15M	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`	$133.40M	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`	$147.15M	USD	Point-in-time

Stockholders Equity 19 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
Issuance of shares of RSUs (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	18,234.00	shares	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.00B	USD	Point-in-time
Net loss	`ProfitLoss`	$-30.11M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.51M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-864.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$10.93M	USD	2 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.28M	USD	2 Qtrs
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.03B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$951.75M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.00B	USD	Point-in-time

Comprehensive Income 10 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-30.11M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-110.65M	USD	1 Quarter
Net loss	`ProfitLoss`	$-165.14M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-14.51M	USD	1 Quarter
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-5.00K	USD	2 Qtrs
Other comprehensive loss	`OtherComprehensiveIncomeLossNetOfTax`	$-864.00K	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-14.51M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-30.11M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-111.52M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-165.14M	USD	2 Qtrs

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