10-K Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001558370-22-001938`
Period End Date	20211231
Filing Date	20220224
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	gnk-20211231x10k_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 84 Income Statement 68 Cash Flow Statement 93 Stockholders Equity 24 Comprehensive Income 13

Balance Sheet 84 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$114.57M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$669.00K	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$143.87M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$35.49M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Due from charterers, net of a reserve of $1,403 and $669, respectively	`AccountsReceivableNetCurrent`	$12.99M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$204.20M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$253.00M	USD	Point-in-time
Due from charterers, net of a reserve of $1,403 and $669, respectively	`AccountsReceivableNetCurrent`	$20.12M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$8.12M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.86M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.94M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$12.88M	USD	Point-in-time
Inventories	`InventoryNet`	$21.58M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$3.98M	USD	Point-in-time
Inventories	`InventoryNet`	$24.56M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$2.27M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$7.77M	USD	Point-in-time
Vessels held for sale	`AssetsHeldForSaleNotPartOfDisposalGroupCurrent`	$22.41M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$9.65M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$174.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$247.20M	USD	Point-in-time
Vessels, net of accumulated depreciation of $253,005 and $204,201, respectively	`VesselsNet`	$919.11M	USD	Point-in-time
Vessels, net of accumulated depreciation of $253,005 and $204,201, respectively	`VesselsNet`	$981.14M	USD	Point-in-time
Deposits on vessels	`DepositsAssetsNoncurrent`	$18.54M	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
Vessels held for exchange	`VesselsHeldForExchangeNonCurrent`	$38.21M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Deferred drydock, net of accumulated amortization of $12,879 and $8,124 respectively	`DeferredDrydockCostsNet`	$14.69M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.92M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.80M	shares	Point-in-time
Deferred drydock, net of accumulated amortization of $12,879 and $8,124 respectively	`DeferredDrydockCostsNet`	$14.28M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $3,984 and $2,266, respectively	`PropertyPlantAndEquipmentNet`	$6.39M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.80M	shares	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $3,984 and $2,266, respectively	`PropertyPlantAndEquipmentNet`	$7.24M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	41.92M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$5.50M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$6.88M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Fair value of derivative instruments	`DerivativeAssetsNoncurrent`	$1.17M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$985.61M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.03B	USD	Point-in-time
Total assets	`Assets`	$1.23B	USD	Point-in-time
Total assets	`Assets`	$1.20B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.96M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$22.79M	USD	Point-in-time
Current portion of long-term debt	`LongTermDebtCurrent`	$80.64M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.08M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$8.42M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.86M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.76M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$113.62M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$41.90M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$6.20M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$8.06M	USD	Point-in-time
Contract liability	`ContractWithCustomerLiabilityNoncurrent`	$7.20M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $7,771 and $9,653, respectively	`LongTermDebtNoncurrent`	$358.93M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $7,771 and $9,653, respectively	`LongTermDebtNoncurrent`	$238.23M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$374.19M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$244.43M	USD	Point-in-time
Total liabilities	`Liabilities`	$286.33M	USD	Point-in-time
Total liabilities	`Liabilities`	$487.81M	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,924,597 and 41,801,753 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$419.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 41,924,597 and 41,801,753 shares issued and outstanding as of December 31, 2021 and December 31, 2020, respectively	`CommonStockValue`	$418.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.71B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.70B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$825.00K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-786.82M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-968.83M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$916.59M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$744.99M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$88.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.43M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.23B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expenses	`ShareBasedCompensation`	$2.06M	USD	Annual
Nonvested stock amortization expenses	`ShareBasedCompensation`	$2.27M	USD	Annual
Nonvested stock amortization expenses	`ShareBasedCompensation`	$2.03M	USD	Annual
Total revenues	`Revenues`	$389.50M	USD	Annual
Total revenues	`Revenues`	$547.13M	USD	Annual
Total revenues	`Revenues`	$355.56M	USD	Annual
Voyage expenses	`VoyageExpenses`	$146.18M	USD	Annual
Voyage expenses	`VoyageExpenses`	$173.04M	USD	Annual
Voyage expenses	`VoyageExpenses`	$156.99M	USD	Annual
Vessel operating expenses	`DirectOperatingCosts`	$87.42M	USD	Annual
Vessel operating expenses	`DirectOperatingCosts`	$96.21M	USD	Annual
Vessel operating expenses	`DirectOperatingCosts`	$82.09M	USD	Annual
Charter hire expenses	`CharterHireExpense`	$10.31M	USD	Annual
Charter hire expenses	`CharterHireExpense`	$36.37M	USD	Annual
Charter hire expenses	`CharterHireExpense`	$16.18M	USD	Annual
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,267, $2,026 and $2,057, respectively)	`GeneralAndAdministrativeExpense`	$24.52M	USD	Annual
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,267, $2,026 and $2,057, respectively)	`GeneralAndAdministrativeExpense`	$21.27M	USD	Annual
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,267, $2,026 and $2,057, respectively)	`GeneralAndAdministrativeExpense`	$24.45M	USD	Annual
Technical management fees	`TechnicalManagementFees`	$6.96M	USD	Annual
Technical management fees	`TechnicalManagementFees`	$7.57M	USD	Annual
Technical management fees	`TechnicalManagementFees`	$5.61M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.17M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.82M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.23M	USD	Annual
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$27.39M	USD	Annual
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$208.94M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-1.85M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$4.92M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-168.00K	USD	Annual
Total operating expenses	`CostsAndExpenses`	$346.01M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$558.90M	USD	Annual
Total operating expenses	`CostsAndExpenses`	$417.90M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-203.34M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$201.12M	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$-28.40M	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$-851.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$541.00K	USD	Annual
Other income (expense)	`OtherNonoperatingIncomeExpense`	$501.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$154.00K	USD	Annual
Interest income	`InvestmentIncomeInterest`	$1.03M	USD	Annual
Interest income	`InvestmentIncomeInterest`	$4.09M	USD	Annual
Interest expense	`InterestExpense`	$31.95M	USD	Annual
Interest expense	`InterestExpense`	$15.36M	USD	Annual
Interest expense	`InterestExpense`	$22.41M	USD	Annual
Impairment of right-of-use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	Annual
Other expense, net	`NonoperatingIncomeExpense`	$-19.07M	USD	Annual
Other expense, net	`NonoperatingIncomeExpense`	$-22.24M	USD	Annual
Other expense, net	`NonoperatingIncomeExpense`	$-27.58M	USD	Annual
Net income (loss)	`ProfitLoss`	$-225.57M	USD	Annual
Net income (loss)	`ProfitLoss`	$182.04M	USD	Annual
Net income (loss)	`ProfitLoss`	$-55.98M	USD	Annual
Less: Net loss attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$38.00K	USD	Annual
Net income (loss) attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$182.01M	USD	Annual
Net income (loss) attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$-225.57M	USD	Annual
Net income (loss) attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$-55.98M	USD	Annual
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$-1.34	USD	Annual
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$-5.38	USD	Annual
Net earnings (loss) per share-basic	`EarningsPerShareBasic`	$4.33	USD	Annual
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$-1.34	USD	Annual
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$4.27	USD	Annual
Net earnings (loss) per share-diluted	`EarningsPerShareDiluted`	$-5.38	USD	Annual
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.91M	shares	Annual
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.06M	shares	Annual
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	41.76M	shares	Annual
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.91M	shares	Annual
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.59M	shares	Annual
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	41.76M	shares	Annual

Cash Flow Statement 93 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-225.57M	USD	Annual
Net income (loss)	`ProfitLoss`	$182.04M	USD	Annual
Net income (loss)	`ProfitLoss`	$-55.98M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$65.17M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$72.82M	USD	Annual
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$56.23M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.54M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.79M	USD	Annual
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.90M	USD	Annual
Amortization of fair market value of time charters acquired	`AmortizationOfFairMarketValueOfTimeChartersAcquired`	$4.26M	USD	Annual
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.25M	USD	Annual
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.36M	USD	Annual
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.39M	USD	Annual
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.06M	USD	Annual
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.27M	USD	Annual
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.03M	USD	Annual
Impairment of right-of-use asset	`OperatingLeaseImpairmentLoss`	$223.00K	USD	Annual
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$27.39M	USD	Annual
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$208.94M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-1.85M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$4.92M	USD	Annual
(Gain) loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-168.00K	USD	Annual
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	Annual
Amortization of premium on derivative	`PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis`	$197.00K	USD	Annual
Interest rate cap premium payment	`InterestRateCapPremiumPayment`	$240.00K	USD	Annual
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$988.00K	USD	Annual
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$494.00K	USD	Annual
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$569.00K	USD	Annual
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$78.00K	USD	Annual
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$7.12M	USD	Annual
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-8.61M	USD	Annual
(Increase) decrease in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-710.00K	USD	Annual
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$783.00K	USD	Annual
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$1.94M	USD	Annual
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$789.00K	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-2.34M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$-5.62M	USD	Annual
(Increase) decrease in inventories	`IncreaseDecreaseInInventories`	$2.98M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-17.36M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$13.17M	USD	Annual
Increase (decrease) in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$5.41M	USD	Annual
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$223.00K	USD	Annual
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.79M	USD	Annual
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.66M	USD	Annual
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.76M	USD	Annual
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.68M	USD	Annual
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.59M	USD	Annual
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$14.64M	USD	Annual
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$8.58M	USD	Annual
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$4.92M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$59.53M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$231.12M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$36.90M	USD	Annual
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$115.68M	USD	Annual
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$13.96M	USD	Annual
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$4.49M	USD	Annual
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$199.00K	USD	Annual
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$10.97M	USD	Annual
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$31.75M	USD	Annual
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.58M	USD	Annual
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$1.58M	USD	Annual
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$4.71M	USD	Annual
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$56.99M	USD	Annual
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$49.47M	USD	Annual
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$26.96M	USD	Annual
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$418.00K	USD	Annual
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$612.00K	USD	Annual
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$484.00K	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.85M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$37.44M	USD	Annual
Net cash (used in) provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-67.57M	USD	Annual
Payment of common stock issuance costs	`PaymentOfCommonStockIssuanceCosts`	$105.00K	USD	Annual
Investment by non-controlling interest	`ProceedsFromMinorityShareholders`	$50.00K	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$9.85M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$20.88M	USD	Annual
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$13.46M	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$611.00K	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$6.05M	USD	Annual
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$462.00K	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-222.69M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-56.91M	USD	Annual
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-77.19M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-59.15M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-40.51M	USD	Annual
Net (decrease) increase in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$17.43M	USD	Annual
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$162.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.53M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$179.68M	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`	$162.25M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.53M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$179.68M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$202.76M	USD	Point-in-time

Stockholders Equity 24 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.32	USD	Annual
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.23	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.43M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-225.57M	USD	Annual
Net income (loss)	`ProfitLoss`	$182.04M	USD	Annual
Net income (loss)	`ProfitLoss`	$-55.98M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$825.00K	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$9.89M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$13.51M	USD	Annual
Cash dividends declared	`DividendsCommonStockCash`	$20.95M	USD	Annual
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.27M	USD	Annual
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.06M	USD	Annual
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$2.03M	USD	Annual
Non-controlling interest initial investment	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$50.00K	USD	Annual
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$978.43M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.05B	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time

Comprehensive Income 13 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-225.57M	USD	Annual
Net income (loss)	`ProfitLoss`	$182.04M	USD	Annual
Net income (loss)	`ProfitLoss`	$-55.98M	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	$825.00K	USD	Annual
Other comprehensive income	`OtherComprehensiveIncomeLossNetOfTax`	-	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$182.87M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-55.98M	USD	Annual
Comprehensive income (loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-225.57M	USD	Annual
Less: Comprehensive loss attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$38.00K	USD	Annual
Comprehensive income (loss) attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-225.57M	USD	Annual
Comprehensive income (loss) attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-55.98M	USD	Annual
Comprehensive income (loss) attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$182.83M	USD	Annual

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