10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-007912`
Period End Date	20190630
Filing Date	20190809
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	gnk-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 81 Income Statement 85 Cash Flow Statement 71 Stockholders Equity 22 Comprehensive Income 12

Balance Sheet 81 line items

Line Item	Tag	Value	Unit	Period
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$669.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$197.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$270.00M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.05M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.12M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.95M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$244.53M	USD	Point-in-time
Due from charterers, net of a reserve of $1,047 and $669, respectively	`AccountsReceivableNetCurrent`	$22.31M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$265.15M	USD	Point-in-time
Due from charterers, net of a reserve of $1,047 and $669, respectively	`AccountsReceivableNetCurrent`	$15.72M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.45M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$13.55M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$15.18M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.20M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.28M	USD	Point-in-time
Inventories	`InventoryNet`	$29.55M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.57M	USD	Point-in-time
Inventories	`InventoryNet`	$29.32M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$15.02M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$16.27M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$270.45M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$219.36M	USD	Point-in-time
Vessels, net of accumulated depreciation of $265,147 and $244,549, respectively	`VesselsNet`	$1.34B	USD	Point-in-time
Vessels, net of accumulated depreciation of $265,147 and $244,549, respectively	`VesselsNet`	$1.32B	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 $15,175 and $13,553, respectively	`DeferredDrydockCostsNet`	$11.63M	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 $15,175 and $13,553, respectively	`DeferredDrydockCostsNet`	$9.54M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,575 and $1,281, respectively	`PropertyPlantAndEquipmentNet`	$2.29M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $1,575 and $1,281, respectively	`PropertyPlantAndEquipmentNet`	$4.08M	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
Operating lease right-of-use asset	`OperatingLeaseRightOfUseAsset`	$8.91M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.66M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.64M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.66M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.64M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$23.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.35B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.36B	USD	Point-in-time
Total assets	`Assets`	$1.63B	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$33.15M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.14M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$65.64M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$66.32M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.40M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$8.26M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.63M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$108.69M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$101.87M	USD	Point-in-time
Long-term operating lease obligations	`OperatingLeaseLiabilityNoncurrent`	$10.68M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$3.47M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $15,015 and $16,272, respectively	`LongTermDebtNoncurrent`	$468.83M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $15,015 and $16,272, respectively	`LongTermDebtNoncurrent`	$433.03M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$472.30M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$443.70M	USD	Point-in-time
Total liabilities	`Liabilities`	$574.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$552.39M	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 14)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,656,947 and 41,644,470 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$416.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,656,947 and 41,644,470 shares issued and outstanding at June 30, 2019 and December 31, 2018, respectively	`CommonStockValue`	$416.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.74B	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-729.55M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-687.27M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$919.05M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$974.37M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.63B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.56B	USD	Point-in-time

Income Statement 85 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.13M	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$638.00K	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$569.00K	USD	1 Quarter
Revenues	`Revenues`	$177.01M	USD	2 Qtrs
Revenues	`Revenues`	$163.07M	USD	2 Qtrs
Revenues	`Revenues`	$86.16M	USD	1 Quarter
Revenues	`Revenues`	$83.55M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$47.08M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$41.80M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$25.98M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$84.82M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$47.55M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$47.49M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$24.36M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$23.72M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$4.85M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$509.00K	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$509.00K	USD	2 Qtrs
Charter hire expenses	`CharterHireExpense`	$7.27M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $569, $638, $1,021 and $1,131, respectively)	`GeneralAndAdministrativeExpense`	$11.73M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $569, $638, $1,021 and $1,131, respectively)	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $569, $638, $1,021 and $1,131, respectively)	`GeneralAndAdministrativeExpense`	$6.51M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $569, $638, $1,021 and $1,131, respectively)	`GeneralAndAdministrativeExpense`	$12.11M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.89M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$1.95M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.83M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$3.90M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.34M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$13.90M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$13.90M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$184.00K	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$611.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$110.86M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$75.31M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$200.62M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$205.21M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-37.55M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$10.85M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-28.19M	USD	2 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-27.31M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$144.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$59.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$437.00K	USD	2 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$107.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.68M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$887.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.07M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.40M	USD	2 Qtrs
Interest expense	`InterestExpense`	$16.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.12M	USD	1 Quarter
Interest expense	`InterestExpense`	$8.47M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.59M	USD	2 Qtrs
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	2 Qtrs
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-7.17M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-14.09M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-11.97M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-19.39M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.28M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.48M	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`	$-1.01	USD	2 Qtrs
Net loss per share-basic	`EarningsPerShareBasic`	$-0.83	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-0.03	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.03	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.83	USD	1 Quarter
Net loss per share-diluted	`EarningsPerShareDiluted`	$-1.01	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-1.62	USD	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.73M	shares	2 Qtrs
Weighted average common shares outstanding - basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	41.74M	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`	35.52M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.52M	shares	1 Quarter
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.73M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	35.05M	shares	2 Qtrs
Weighted average common shares outstanding - diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.74M	shares	1 Quarter

Cash Flow Statement 71 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-42.28M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-56.93M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$16.45M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$36.35M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$33.34M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.24M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.87M	USD	2 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	$5.34M	USD	2 Qtrs
Noncash operating lease expense	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$577.00K	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.13M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$638.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$569.00K	USD	1 Quarter
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	2 Qtrs
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$13.90M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$13.90M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$56.59M	USD	2 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	$184.00K	USD	1 Quarter
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$611.00K	USD	2 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	2 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$389.00K	USD	2 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$187.00K	USD	2 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$58.00K	USD	2 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-6.59M	USD	2 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$2.20M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$2.91M	USD	2 Qtrs
Decrease (increase) in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-165.00K	USD	2 Qtrs
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$-223.00K	USD	2 Qtrs
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$7.73M	USD	2 Qtrs
Decrease in other noncurrent assets	`IncreaseDecreaseInOtherNoncurrentAssets`	$-514.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$828.00K	USD	2 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.28M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.86M	USD	2 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.19M	USD	2 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-786.00K	USD	2 Qtrs
Increase in deferred rent	`IncreaseDecreaseInDeferredRent`	$539.00K	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$5.49M	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$1.46M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.82M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$25.02M	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$7.75M	USD	2 Qtrs
Purchase of vessels, including deposits	`PaymentsToAcquireVesselsAndOtherDeposits`	$747.00K	USD	2 Qtrs
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$10.37M	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$491.00K	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.49M	USD	2 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$6.31M	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$3.11M	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$612.00K	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.70M	USD	2 Qtrs
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$1.87M	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`	$105.00K	USD	2 Qtrs
Payment of common stock issuance costs	`PaymentOfCommonStockIssuanceCosts`	$48.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$611.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$9.68M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$38.48M	USD	2 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.45M	USD	2 Qtrs
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.33M	USD	2 Qtrs
Net (decrease) 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`	$165.44M	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`	$202.76M	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`	$165.44M	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`	$202.76M	USD	Point-in-time

Stockholders Equity 22 line items

Line Item	Tag	Value	Unit	Period
Issuance of 12,477 shares of RSUs (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardGross`	12,477.00	shares	1 Quarter
Balance at the beginning	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$919.05M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$974.37M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-34.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.80M	USD	1 Quarter
Issuance of 7,015,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$109.67M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$452.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$569.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$638.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$493.00K	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$919.05M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$974.37M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.28M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.48M	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`	$-34.48M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.28M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-1.12M	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.