10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001558370-20-009428`
Period End Date	20200630
Filing Date	20200805
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	gnk-20200630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 80 Income Statement 84 Cash Flow Statement 69 Stockholders Equity 27 Comprehensive Income 12

Balance Sheet 80 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$155.89M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$127.72M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$662.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$6.04M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$14.86M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$288.37M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$242.47M	USD	Point-in-time
Due from charterers, net of a reserve of $662 and $1,064, respectively	`AccountsReceivableNetCurrent`	$13.70M	USD	Point-in-time
Due from charterers, net of a reserve of $662 and $1,064, respectively	`AccountsReceivableNetCurrent`	$13.37M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.71M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$7.69M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.05M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$11.86M	USD	Point-in-time
Inventories	`InventoryNet`	$23.03M	USD	Point-in-time
Inventories	`InventoryNet`	$27.21M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.06M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.15M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$11.65M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$10.30M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$23.25M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$13.09M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$210.94M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$223.19M	USD	Point-in-time
Vessels, net of accumulated depreciation of $242,465 and $288,373, respectively	`VesselsNet`	$1.11B	USD	Point-in-time
Vessels, net of accumulated depreciation of $242,465 and $288,373, respectively	`VesselsNet`	$1.27B	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $7,691 and $11,862 respectively	`DeferredDrydockCostsNet`	$19.19M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $7,691 and $11,862 respectively	`DeferredDrydockCostsNet`	$17.30M	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 $2,057 and $2,154, respectively	`PropertyPlantAndEquipmentNet`	$7.21M	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 $2,057 and $2,154, respectively	`PropertyPlantAndEquipmentNet`	$5.98M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$8.24M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.80M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.75M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$7.57M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.75M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.80M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.14B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.31B	USD	Point-in-time
Total assets	`Assets`	$1.53B	USD	Point-in-time
Total assets	`Assets`	$1.35B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$24.07M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$49.60M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$79.52M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$69.75M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.63M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.37M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.68M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.72M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$109.68M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$127.66M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$9.83M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$8.96M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $11,648 and $13,094, respectively	`LongTermDebtNoncurrent`	$403.30M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $11,648 and $13,094, respectively	`LongTermDebtNoncurrent`	$412.98M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$422.81M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$412.26M	USD	Point-in-time
Total liabilities	`Liabilities`	$550.46M	USD	Point-in-time
Total liabilities	`Liabilities`	$521.94M	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 12)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,801,753 and 41,754,413 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$417.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,801,753 and 41,754,413 shares issued and outstanding at June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$418.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.72B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.71B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-743.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-881.81M	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`	$1.01B	USD	Point-in-time
Total equity	`StockholdersEquity`	$851.20M	USD	Point-in-time
Total equity	`StockholdersEquity`	$978.43M	USD	Point-in-time
Total equity	`StockholdersEquity`	$832.63M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.35B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.53B	USD	Point-in-time

Income Statement 84 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$957.00K	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$569.00K	USD	1 Quarter
Nonvested stock amortization expenses	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Nonvested stock amortization expenses	`ShareBasedCompensation`	$476.00K	USD	1 Quarter
Revenues	`Revenues`	$172.54M	USD	2 Qtrs
Revenues	`Revenues`	$177.01M	USD	2 Qtrs
Revenues	`Revenues`	$74.21M	USD	1 Quarter
Revenues	`Revenues`	$83.55M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$90.06M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$84.82M	USD	2 Qtrs
Voyage expenses	`VoyageExpenses`	$41.70M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$41.80M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$24.36M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$47.55M	USD	2 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$21.06M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$42.87M	USD	2 Qtrs
Charter hire expenses	`CharterHireExpense`	$4.51M	USD	2 Qtrs
Charter hire expenses	`CharterHireExpense`	$4.85M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$1.43M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$7.27M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $476, $569, $957 and $1,021, respectively)	`GeneralAndAdministrativeExpense`	$5.47M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $476, $569, $957 and $1,021, respectively)	`GeneralAndAdministrativeExpense`	$5.80M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $476, $569, $957 and $1,021, respectively)	`GeneralAndAdministrativeExpense`	$12.11M	USD	2 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $476, $569, $957 and $1,021, respectively)	`GeneralAndAdministrativeExpense`	$11.24M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$3.83M	USD	2 Qtrs
Technical management fees	`TechnicalManagementFees`	$1.72M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$1.89M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.58M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.93M	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`	$33.50M	USD	2 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$112.81M	USD	2 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$13.90M	USD	1 Quarter
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$13.90M	USD	2 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	-	USD	1 Quarter
Loss (gain) on sale of vessels	`GainLossOnDispositionOfAssets`	$611.00K	USD	2 Qtrs
Loss (gain) on sale of vessels	`GainLossOnDispositionOfAssets`	$-486.00K	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$110.86M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$205.21M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$299.06M	USD	2 Qtrs
Total operating expenses	`CostsAndExpenses`	$87.31M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-13.10M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-27.31M	USD	1 Quarter
Operating loss	`OperatingIncomeLoss`	$-28.19M	USD	2 Qtrs
Operating loss	`OperatingIncomeLoss`	$-126.52M	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-464.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$437.00K	USD	2 Qtrs
Other income (expense)	`OtherNonoperatingIncomeExpense`	$107.00K	USD	1 Quarter
Other income (expense)	`OtherNonoperatingIncomeExpense`	$120.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$253.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.07M	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$2.40M	USD	2 Qtrs
Interest income	`InvestmentIncomeInterest`	$847.00K	USD	2 Qtrs
Interest expense	`InterestExpense`	$12.42M	USD	2 Qtrs
Interest expense	`InterestExpense`	$5.47M	USD	1 Quarter
Interest expense	`InterestExpense`	$16.70M	USD	2 Qtrs
Interest expense	`InterestExpense`	$8.12M	USD	1 Quarter
Impairment of right-of-use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	2 Qtrs
Impairment of right-of-use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-12.04M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-14.09M	USD	2 Qtrs
Other expense	`NonoperatingIncomeExpense`	$-5.10M	USD	1 Quarter
Other expense	`NonoperatingIncomeExpense`	$-7.17M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.28M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-18.20M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-138.55M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.48M	USD	1 Quarter
Net loss per share-basic	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
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`	$-3.31	USD	2 Qtrs
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`	$-3.31	USD	2 Qtrs
Net loss per share-diluted	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.73M	shares	2 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.88M	shares	2 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.90M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.74M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.90M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.88M	shares	2 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.74M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.73M	shares	2 Qtrs

Cash Flow Statement 69 line items

Line Item	Tag	Value	Unit	Period
Net loss	`ProfitLoss`	$-138.55M	USD	2 Qtrs
Net loss	`ProfitLoss`	$-42.28M	USD	2 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.93M	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`	$33.50M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.91M	USD	2 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.87M	USD	2 Qtrs
Noncash operating lease expense	`NoncashOperatingLeaseExpense`	$676.00K	USD	2 Qtrs
Noncash operating lease expense	`NoncashOperatingLeaseExpense`	$577.00K	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$957.00K	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$569.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.02M	USD	2 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$476.00K	USD	1 Quarter
Impairment of operating lease right of use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	2 Qtrs
Impairment of operating lease right of use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	1 Quarter
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$112.81M	USD	2 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$13.90M	USD	1 Quarter
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$13.90M	USD	2 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	-	USD	1 Quarter
Loss (gain) on sale of vessels	`GainLossOnDispositionOfAssets`	$611.00K	USD	2 Qtrs
Loss (gain) on sale of vessels	`GainLossOnDispositionOfAssets`	$-486.00K	USD	2 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$278.00K	USD	2 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$389.00K	USD	2 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$78.00K	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-6.59M	USD	2 Qtrs
Decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-331.00K	USD	2 Qtrs
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-165.00K	USD	2 Qtrs
Decrease in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$-504.00K	USD	2 Qtrs
Decrease in inventories	`IncreaseDecreaseInInventories`	$-223.00K	USD	2 Qtrs
Decrease in inventories	`IncreaseDecreaseInInventories`	$-4.17M	USD	2 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-17.45M	USD	2 Qtrs
(Decrease) increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$828.00K	USD	2 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.86M	USD	2 Qtrs
(Decrease) increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-2.26M	USD	2 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-786.00K	USD	2 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-828.00K	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$5.59M	USD	2 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$5.49M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$-8.98M	USD	2 Qtrs
Net cash (used in) provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$14.82M	USD	2 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$2.27M	USD	2 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$7.75M	USD	2 Qtrs
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$10.84M	USD	2 Qtrs
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$10.37M	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.49M	USD	2 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.72M	USD	2 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$14.73M	USD	2 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$6.31M	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$612.00K	USD	2 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$484.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-620.00K	USD	2 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-13.70M	USD	2 Qtrs
Payment of common stock issuance costs	`PaymentsOfStockIssuanceCosts`	$105.00K	USD	2 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$8.13M	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$611.00K	USD	2 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$283.00K	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-38.45M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-9.76M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-37.33M	USD	2 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-19.36M	USD	2 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`	$165.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.25M	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`	$165.44M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$142.89M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.25M	USD	Point-in-time

Stockholders Equity 27 line items

Line Item	Tag	Value	Unit	Period
Issuance of shares of RSUs, net (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures`	12,477.00	shares	1 Quarter
Issuance of shares of RSUs, net (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardNetOfForfeitures`	47,341.00	shares	1 Quarter
Forfeited (in shares)	`StockIssuedDuringPeriodSharesRestrictedStockAwardForfeited`	1,490.00	shares	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.17	USD	1 Quarter
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`	$1.01B	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$851.20M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$978.43M	USD	Point-in-time
Balance at the beginning	`StockholdersEquity`	$832.63M	USD	Point-in-time
Net loss	`NetIncomeLoss`	$-34.48M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-7.80M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-18.20M	USD	1 Quarter
Net loss	`NetIncomeLoss`	$-120.35M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$842.00K	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$7.36M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$481.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$476.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$569.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$452.00K	USD	1 Quarter
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`	$1.01B	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$851.20M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$978.43M	USD	Point-in-time
Balance at the end	`StockholdersEquity`	$832.63M	USD	Point-in-time

Comprehensive Income 12 line items

Line Item	Tag	Value	Unit	Period
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-42.28M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-18.20M	USD	1 Quarter
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-138.55M	USD	2 Qtrs
Net loss	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-34.48M	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	1 Quarter
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-138.55M	USD	2 Qtrs
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-34.48M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-18.20M	USD	1 Quarter
Comprehensive loss	`ComprehensiveIncomeNetOfTax`	$-42.28M	USD	2 Qtrs

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