10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2019

Filing Information

Form Type	10-Q
Accession Number	`0001558370-19-010404`
Period End Date	20190930
Filing Date	20191107
Fiscal Year	2019
Fiscal Period	Q3
XBRL Instance	gnk-20190930.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 86 Cash Flow Statement 73 Stockholders Equity 31 Comprehensive Income 12

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.72M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.26M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$669.00K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$165.88M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.48M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$197.50M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$7.23M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$4.95M	USD	Point-in-time
Due from charterers, net of a reserve of $1,257 and $669, respectively	`AccountsReceivableNetCurrent`	$22.31M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$272.07M	USD	Point-in-time
Due from charterers, net of a reserve of $1,257 and $669, respectively	`AccountsReceivableNetCurrent`	$20.39M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$244.53M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$11.86M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$13.55M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.00M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.45M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$1.79M	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
Inventories	`InventoryNet`	$22.98M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$21.82M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$16.27M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$14.05M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$5.70M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$241.06M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$270.45M	USD	Point-in-time
Vessels, net of accumulated depreciation of $272,074 and $244,529, respectively	`VesselsNet`	$1.29B	USD	Point-in-time
Vessels, net of accumulated depreciation of $272,074 and $244,529, respectively	`VesselsNet`	$1.34B	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,860 and $13,553 respectively	`DeferredDrydockCostsNet`	$9.54M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $11,860 and $13,553 respectively	`DeferredDrydockCostsNet`	$16.04M	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	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
Fixed assets, net of accumulated depreciation and amortization of $1,789 and $1,281, respectively	`PropertyPlantAndEquipmentNet`	$5.23M	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 $1,789 and $1,281, respectively	`PropertyPlantAndEquipmentNet`	$2.29M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.66M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.58M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.64M	shares	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
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	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
Total noncurrent assets	`AssetsNoncurrent`	$1.36B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.32B	USD	Point-in-time
Total assets	`Assets`	$1.56B	USD	Point-in-time
Total assets	`Assets`	$1.63B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.14M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$41.15M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$66.32M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$70.11M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.33M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.40M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.66M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$119.24M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$101.87M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$10.25M	USD	Point-in-time
Deferred rent	`DeferredRentCreditNoncurrent`	$3.47M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $14,054 and $16,272, respectively	`LongTermDebtNoncurrent`	$468.83M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $14,054 and $16,272, respectively	`LongTermDebtNoncurrent`	$434.44M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$444.69M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$472.30M	USD	Point-in-time
Total liabilities	`Liabilities`	$574.16M	USD	Point-in-time
Total liabilities	`Liabilities`	$563.93M	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 September 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 September 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`	$-687.27M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-744.14M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	USD	Point-in-time
Total equity	`StockholdersEquity`	$974.37M	USD	Point-in-time
Total equity	`StockholdersEquity`	$998.03M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.05B	USD	Point-in-time
Total equity	`StockholdersEquity`	$919.05M	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$1.03B	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 86 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.78M	USD	3 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$644.00K	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.60M	USD	3 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$575.00K	USD	1 Quarter
Revenues	`Revenues`	$280.79M	USD	3 Qtrs
Revenues	`Revenues`	$255.34M	USD	3 Qtrs
Revenues	`Revenues`	$103.78M	USD	1 Quarter
Revenues	`Revenues`	$92.26M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$127.79M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$42.97M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$31.48M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$78.55M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$72.64M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$72.26M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$25.16M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$24.71M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$723.00K	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$1.23M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$5.47M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$12.74M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $575, $644, $1,596 and $1,776, respectively)	`GeneralAndAdministrativeExpense`	$16.76M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $575, $644, $1,596 and $1,776, respectively)	`GeneralAndAdministrativeExpense`	$6.14M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $575, $644, $1,596 and $1,776, respectively)	`GeneralAndAdministrativeExpense`	$18.25M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $575, $644, $1,596 and $1,776, respectively)	`GeneralAndAdministrativeExpense`	$5.03M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$2.03M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$5.71M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$5.93M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.89M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.53M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$12.18M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$26.08M	USD	3 Qtrs
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`	$611.00K	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$80.17M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$280.79M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$316.75M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$111.55M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-35.96M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$-7.77M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-25.46M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$12.09M	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$272.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$86.00K	USD	1 Quarter
Other income	`OtherNonoperatingIncomeExpense`	$523.00K	USD	3 Qtrs
Other income	`OtherNonoperatingIncomeExpense`	$213.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$3.29M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$892.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.74M	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$1.06M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.25M	USD	3 Qtrs
Interest expense	`InterestExpense`	$7.66M	USD	1 Quarter
Interest expense	`InterestExpense`	$7.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$24.50M	USD	3 Qtrs
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	1 Quarter
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-25.77M	USD	3 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-6.38M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-6.82M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-20.90M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-56.87M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-51.22M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.59M	USD	1 Quarter
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$-1.37	USD	3 Qtrs
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$-1.36	USD	3 Qtrs
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$-0.35	USD	1 Quarter
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$0.14	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$-1.36	USD	3 Qtrs
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$0.14	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$-0.35	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$-1.37	USD	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	37.26M	shares	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.74M	shares	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.75M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.62M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	37.26M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.82M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.75M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.74M	shares	3 Qtrs

Cash Flow Statement 73 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-56.87M	USD	3 Qtrs
Net loss	`ProfitLoss`	$-51.22M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.27M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$54.53M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$50.60M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$18.18M	USD	1 Quarter
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.11M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$2.83M	USD	3 Qtrs
Payment of PIK interest	`PaymentsForPaidInKindInterest`	$5.34M	USD	3 Qtrs
Noncash operating lease expense	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$911.00K	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.78M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$644.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.60M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$575.00K	USD	1 Quarter
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	1 Quarter
Impairment of right-of-use asset	`ImpairmentOfRightOfUseAsset`	$223.00K	USD	3 Qtrs
Impairment of vessel assets	`AssetImpairmentCharges`	-	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$12.18M	USD	1 Quarter
Impairment of vessel assets	`AssetImpairmentCharges`	$26.08M	USD	3 Qtrs
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`	$611.00K	USD	3 Qtrs
Gain on sale of vessels	`GainLossOnDispositionOfAssets`	$1.51M	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.53M	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$413.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$268.00K	USD	3 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$58.00K	USD	3 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$6.33M	USD	3 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-1.92M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$5.97M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$655.00K	USD	3 Qtrs
Decrease (increase) in inventories	`IncreaseDecreaseInInventories`	$-6.57M	USD	3 Qtrs
Decrease (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`	$8.17M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.06M	USD	3 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-79.00K	USD	3 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$5.02M	USD	3 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.19M	USD	3 Qtrs
Increase in deferred rent	`IncreaseDecreaseInDeferredRent`	$988.00K	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$2.23M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$11.96M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$28.76M	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`	$10.39M	USD	3 Qtrs
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$24.74M	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$3.59M	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$888.00K	USD	3 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$6.31M	USD	3 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$10.63M	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$612.00K	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$3.47M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-226.49M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-31.80M	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 common stock issuance costs	`PaymentOfCommonStockIssuanceCosts`	$105.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$611.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$11.50M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$144.21M	USD	3 Qtrs
Net cash (used in) provided by financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-33.53M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-36.57M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-38.91M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.19M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.76M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$166.19M	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

Stockholders Equity 31 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`	$1.03B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$974.37M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$998.03M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$919.05M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.01B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$1.03B	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-7.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-14.59M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$5.71M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-1.12M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-55.81M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-34.48M	USD	1 Quarter
Issuance of 7,015,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$109.67M	USD	1 Quarter
Issuance of 7,015,000 shares of common stock	`StockIssuedDuringPeriodValueNewIssues`	$-12.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$645.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$452.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$493.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$638.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$575.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$569.00K	USD	1 Quarter
Balance at the end	`StockholdersEquity`	$1.03B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$974.37M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$998.03M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.05B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$919.05M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$1.01B	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) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.71M	USD	1 Quarter
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-56.87M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-51.22M	USD	3 Qtrs
Net (loss) income	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-14.59M	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 (loss) income	`ComprehensiveIncomeNetOfTax`	$5.71M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-56.87M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-51.22M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTax`	$-14.59M	USD	1 Quarter

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