10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q2 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-006794`
Period End Date	20180630
Filing Date	20180808
Fiscal Year	2018
Fiscal Period	Q2
XBRL Instance	gnk-20180630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 88 Cash Flow Statement 72 Stockholders Equity 15 Comprehensive Income 12

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$147.15M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$601.00K	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$246.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.24M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.34M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$213.43M	USD	Point-in-time
Due from charterers, net of a reserve of $601 and $246, respectively	`AccountsReceivableNetCurrent`	$12.86M	USD	Point-in-time
Due from charterers, net of a reserve of $601 and $246, respectively	`AccountsReceivableNetCurrent`	$14.41M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$213.77M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$9.54M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.34M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$11.20M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.37M	USD	Point-in-time
Inventories	`InventoryNet`	$15.33M	USD	Point-in-time
Inventories	`InventoryNet`	$23.06M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.00M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.09M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$7.44M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$16.06M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$9.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$322.28M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$217.24M	USD	Point-in-time
Vessels, net of accumulated depreciation of $213,771 and $213,431, respectively	`VesselsNet`	$1.27B	USD	Point-in-time
Vessels, net of accumulated depreciation of $213,771 and $213,431, respectively	`VesselsNet`	$1.17B	USD	Point-in-time
Deposits on vessels	`DepositsAssetsNoncurrent`	$885.00K	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,196 and $9,540 respectively	`DeferredDrydockCostsNet`	$13.38M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,196 and $9,540 respectively	`DeferredDrydockCostsNet`	$11.12M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,091 and $1,003, respectively	`PropertyPlantAndEquipmentNet`	$1.01M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,091 and $1,003, respectively	`PropertyPlantAndEquipmentNet`	$1.25M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	34.53M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.55M	shares	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$514.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.55M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$25.51M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$23.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$27.43M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	34.53M	shares	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.30B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.19B	USD	Point-in-time
Total assets	`Assets`	$1.51B	USD	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.23M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$26.39M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$45.00M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$24.50M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.72M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.40M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$52.45M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$77.79M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$2.59M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$3.13M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $16,063 and $9,032, respectively	`LongTermDebtNoncurrent`	$490.89M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $16,063 and $9,032, respectively	`LongTermDebtNoncurrent`	$398.94M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$402.06M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$493.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$479.86M	USD	Point-in-time
Total liabilities	`Liabilities`	$545.93M	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; 41,547,004 and 34,532,004 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$345.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,547,004 and 34,532,004 shares issued and outstanding at June 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$415.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-653.67M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-711.26M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$975.03M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.00B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.51B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$638.00K	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.57M	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.13M	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$2.28M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$163.07M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$45.37M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$83.62M	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$86.16M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$47.08M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$951.00K	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$4.19M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$25.98M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$48.74M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$23.72M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$23.85M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$47.49M	USD	2 Qtrs
Charter hire expenses	`CharterHireExpense`	$509.00K	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$509.00K	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $638, $1,570, $1,131 and $2,281, respectively)	`GeneralAndAdministrativeExpense`	$10.66M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $638, $1,570, $1,131 and $2,281, respectively)	`GeneralAndAdministrativeExpense`	$5.75M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $638, $1,570, $1,131 and $2,281, respectively)	`GeneralAndAdministrativeExpense`	$11.73M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $638, $1,570, $1,131 and $2,281, respectively)	`GeneralAndAdministrativeExpense`	$6.51M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.85M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.87M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.90M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.95M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.45M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$184.00K	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.34M	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$75.31M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$52.61M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$200.62M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$99.43M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-7.24M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-37.55M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-15.81M	USD	2 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$10.85M	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-50.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-115.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$59.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$144.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$338.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$512.00K	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$887.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.68M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.59M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.47M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.56M	USD	1 Quarter
Interest expense	`InterestExpense`	$14.70M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-7.28M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-14.30M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-11.97M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-19.39M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-14.51M	USD	1 Quarter
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-30.11M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-56.93M	USD	2 Qtrs
Loss before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-30.11M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.51M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-56.93M	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-1.62	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-0.89	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-0.42	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.89	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.42	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-1.62	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	33.97M	shares	2 Qtrs
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.52M	shares	1 Quarter
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	35.05M	shares	2 Qtrs
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.43M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.05M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	33.97M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.52M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.43M	shares	1 Quarter

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-56.93M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-30.11M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.34M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.36M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.45M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.15M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.24M	USD	2 Qtrs
PIK interest, net	`PaidInKindInterest`	$3.03M	USD	2 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	-	USD	2 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	$5.34M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$638.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.57M	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.13M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.28M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$184.00K	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$3.34M	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.34M	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	2 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	1 Quarter
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$187.00K	USD	2 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$269.00K	USD	2 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$21.00K	USD	2 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$58.00K	USD	2 Qtrs
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$2.20M	USD	2 Qtrs
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-3.94M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$2.91M	USD	2 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$7.76M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$7.73M	USD	2 Qtrs
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-205.00K	USD	2 Qtrs
Decrease in other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-514.00K	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-1.41M	USD	2 Qtrs
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.28M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.19M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$160.00K	USD	2 Qtrs
Increase in lease obligations	`IncreaseDecreaseInLeaseObligations`	$539.00K	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`	$1.46M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-1.17M	USD	2 Qtrs
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.02M	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$747.00K	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$252.00K	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$65.00K	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$491.00K	USD	2 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$15.51M	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$584.00K	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$3.11M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.87M	USD	2 Qtrs
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.78M	USD	2 Qtrs
Payment of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$2.96M	USD	2 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$110.25M	USD	2 Qtrs
Payment of common stock issuance costs	`PaymentOfCommonStockIssuanceCosts`	$48.00K	USD	2 Qtrs
Payment of Series A Preferred Stock	`PaymentOfSeriesaPreferredStockIssuanceCosts`	$1.10M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$9.68M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-2.68M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.48M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$11.93M	USD	2 Qtrs
Net increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$65.36M	USD	2 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$204.95M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$270.31M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.07M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$181.00M	USD	Point-in-time

Stockholders Equity 15 line items

Line Item	Tag	Value	Unit	Period
Issuance of shares of RSUs (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	18,234.00	shares	2 Qtrs
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$975.03M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.00B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$974.37M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-56.93M	USD	2 Qtrs
Net loss	`NetIncomeLoss`	$-30.11M	USD	2 Qtrs
Issuance of 7,015,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$109.67M	USD	2 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.28M	USD	2 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.13M	USD	2 Qtrs
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$975.03M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.00B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-30.11M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.51M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-56.93M	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-30.11M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.12M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-14.51M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-56.93M	USD	2 Qtrs

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