10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2018

Filing Information

Form Type	10-Q
Accession Number	`0001558370-18-008830`
Period End Date	20180930
Filing Date	20181107
Fiscal Year	2018
Fiscal Period	Q3
XBRL Instance	gnk-20180930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 79 Income Statement 88 Cash Flow Statement 73 Stockholders Equity 15 Comprehensive Income 12

Balance Sheet 79 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$133.40M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$246.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$152.51M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.72M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.48M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$515.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.59M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$8.24M	USD	Point-in-time
Due from charterers, net of a reserve of $515 and $246, respectively	`AccountsReceivableNetCurrent`	$18.54M	USD	Point-in-time
Due from charterers, net of a reserve of $515 and $246, respectively	`AccountsReceivableNetCurrent`	$12.86M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$229.56M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$213.43M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$12.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$7.34M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.07M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$9.54M	USD	Point-in-time
Inventories	`InventoryNet`	$15.33M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.18M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.00M	USD	Point-in-time
Inventories	`InventoryNet`	$29.98M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$13.00M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$17.20M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$9.03M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$217.24M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$237.31M	USD	Point-in-time
Vessels, net of accumulated depreciation of $229,559 and $213,431, respectively	`VesselsNet`	$1.38B	USD	Point-in-time
Vessels, net of accumulated depreciation of $229,559 and $213,431, respectively	`VesselsNet`	$1.27B	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $12,366 and $9,540 respectively	`DeferredDrydockCostsNet`	$13.38M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $12,366 and $9,540 respectively	`DeferredDrydockCostsNet`	$10.73M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,177 and $1,003, respectively	`PropertyPlantAndEquipmentNet`	$1.50M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,177 and $1,003, respectively	`PropertyPlantAndEquipmentNet`	$1.01M	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`	500.00M	shares	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$514.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	34.53M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$24.00M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$27.43M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.55M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$23.23M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.30B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.39B	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.55M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	34.53M	shares	Point-in-time
Total assets	`Assets`	$1.52B	USD	Point-in-time
Total assets	`Assets`	$1.63B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$33.08M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$23.23M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$66.32M	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`	$10.23M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$52.45M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$109.64M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$2.59M	USD	Point-in-time
Long-term lease obligations	`DeferredRentCreditNoncurrent`	$3.58M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $17,200 and $9,032, respectively	`LongTermDebtNoncurrent`	$490.89M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $17,200 and $9,032, respectively	`LongTermDebtNoncurrent`	$484.48M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$488.06M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$493.48M	USD	Point-in-time
Total liabilities	`Liabilities`	$545.93M	USD	Point-in-time
Total liabilities	`Liabilities`	$597.69M	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 September 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 September 30, 2018 and December 31, 2017, respectively	`CommonStockValue`	$415.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.63B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-653.67M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-705.56M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$971.94M	USD	Point-in-time
Total equity	`StockholdersEquity`	$975.03M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.52B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.63B	USD	Point-in-time

Income Statement 88 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$644.00K	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.78M	USD	3 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$3.54M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$255.34M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$92.26M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$134.78M	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$51.16M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$5.55M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$9.74M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$31.48M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$78.55M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$73.87M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$25.16M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$72.64M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$25.13M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$1.23M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$723.00K	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $644, $1,255, $1,776 and $3,536, respectively)	`GeneralAndAdministrativeExpense`	$5.03M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $644, $1,255, $1,776 and $3,536, respectively)	`GeneralAndAdministrativeExpense`	$16.55M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $644, $1,255, $1,776 and $3,536, respectively)	`GeneralAndAdministrativeExpense`	$5.89M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $644, $1,255, $1,776 and $3,536, respectively)	`GeneralAndAdministrativeExpense`	$16.76M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$2.03M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$5.74M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$5.93M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.88M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.19M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.60M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$21.99M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$18.65M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$80.17M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$280.79M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$74.94M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$174.37M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$12.09M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-25.46M	USD	3 Qtrs
Operating income (loss)	`OperatingIncomeLoss`	$-23.78M	USD	1 Quarter
Operating income (loss)	`OperatingIncomeLoss`	$-39.59M	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-152.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-37.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$272.00K	USD	3 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$213.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.74M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.06M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$494.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.01M	USD	3 Qtrs
Interest expense	`InterestExpense`	$22.56M	USD	3 Qtrs
Interest expense	`InterestExpense`	$24.25M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.86M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.66M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-6.38M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-25.77M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-7.40M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-21.70M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-61.30M	USD	3 Qtrs
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$5.71M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-31.18M	USD	1 Quarter
Income (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-51.22M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.18M	USD	1 Quarter
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-51.22M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-61.30M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.71M	USD	1 Quarter
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$-1.80	USD	3 Qtrs
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$-0.90	USD	1 Quarter
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$-1.37	USD	3 Qtrs
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$-0.90	USD	1 Quarter
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$-1.80	USD	3 Qtrs
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$-1.37	USD	3 Qtrs
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	37.26M	shares	3 Qtrs
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.47M	shares	1 Quarter
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	34.14M	shares	3 Qtrs
Weighted average common shares outstanding - Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.62M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.47M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.26M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	34.14M	shares	3 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.82M	shares	1 Quarter

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-61.30M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-51.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.84M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.19M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.60M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.74M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.11M	USD	3 Qtrs
PIK interest, net	`PaidInKindInterest`	$4.58M	USD	3 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	-	USD	3 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	$5.34M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.25M	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$644.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.78M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$3.54M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$21.99M	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$18.65M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	-	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$7.71M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$478.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$268.00K	USD	3 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$1.78M	USD	3 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$58.00K	USD	3 Qtrs
Increase in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$6.33M	USD	3 Qtrs
Increase in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$495.00K	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$8.00M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$5.97M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$1.84M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$14.65M	USD	3 Qtrs
Decrease in other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-514.00K	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$766.00K	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$8.17M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.14M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$5.02M	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInLeaseObligations`	$540.00K	USD	3 Qtrs
Increase in lease obligations	`IncreaseDecreaseInLeaseObligations`	$988.00K	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$2.23M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$7.68M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$3.72M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$43.38M	USD	3 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$239.69M	USD	3 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$252.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$198.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$888.00K	USD	3 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$10.63M	USD	3 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$15.51M	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$3.47M	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$718.00K	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-226.49M	USD	3 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$15.78M	USD	3 Qtrs
Payment of debt extinguishment costs	`PaymentsOfDebtExtinguishmentCosts`	$2.96M	USD	3 Qtrs
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$110.25M	USD	3 Qtrs
Payment of common stock issuance costs	`PaymentOfCommonStockIssuanceCosts`	$496.00K	USD	3 Qtrs
Payment of Series A Preferred Stock issuance costs	`PaymentOfSeriesPreferredStockIssuanceCosts`	$1.10M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$11.50M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$144.21M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-3.46M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$16.04M	USD	3 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-38.91M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.10M	USD	Point-in-time
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`	$166.04M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$185.10M	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`	$166.04M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$169.07M	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	3 Qtrs
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$971.94M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$975.03M	USD	Point-in-time
Balance at the beginning	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterestAdjustedBalance1`	$974.37M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-51.22M	USD	3 Qtrs
Net loss	`NetIncomeLoss`	$-61.30M	USD	3 Qtrs
Issuance of 7,015,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$109.66M	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$3.54M	USD	3 Qtrs
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.78M	USD	3 Qtrs
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$971.94M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$975.03M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-31.18M	USD	1 Quarter
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-51.22M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-61.30M	USD	3 Qtrs
Net income (loss)	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.71M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	3 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$5.71M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-51.22M	USD	3 Qtrs
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-31.18M	USD	1 Quarter
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTax`	$-61.30M	USD	3 Qtrs

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