10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2022

Filing Information

Form Type	10-Q
Accession Number	`0001558370-22-017199`
Period End Date	20220930
Filing Date	20221109
Fiscal Year	2022
Fiscal Period	Q3
XBRL Instance	gnk-20220930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 90 Cash Flow Statement 72 Stockholders Equity 50 Comprehensive Income 26

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$1.40M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.06M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$114.57M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$65.53M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Due from charterers, net of a reserve of $2,061 and $1,403, respectively	`AccountsReceivableNetCurrent`	$25.87M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$253.00M	USD	Point-in-time
Due from charterers, net of a reserve of $2,061 and $1,403, respectively	`AccountsReceivableNetCurrent`	$20.12M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$290.29M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$12.88M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.82M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$13.70M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$9.94M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$5.61M	USD	Point-in-time
Inventories	`InventoryNet`	$32.18M	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
Fair value of derivative instruments	`DerivativeAssetsCurrent`	$5.72M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$6.50M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$7.77M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$174.83M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$145.76M	USD	Point-in-time
Vessels, net of accumulated depreciation of $290,291 and $253,005, respectively	`VesselsNet`	$1.01B	USD	Point-in-time
Vessels, net of accumulated depreciation of $290,291 and $253,005, 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
Deferred drydock, net of accumulated amortization of $13,695 and $12,879 respectively	`DeferredDrydockCostsNet`	$14.28M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $13,695 and $12,879 respectively	`DeferredDrydockCostsNet`	$31.28M	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 $5,611 and $3,984, respectively	`PropertyPlantAndEquipmentNet`	$8.12M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.33M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	41.92M	shares	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $5,611 and $3,984, respectively	`PropertyPlantAndEquipmentNet`	$7.24M	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	42.33M	shares	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`	$4.43M	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`	$1.66M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeAssetsNoncurrent`	$1.17M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.03B	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.06B	USD	Point-in-time
Total assets	`Assets`	$1.20B	USD	Point-in-time
Total assets	`Assets`	$1.21B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.96M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$38.83M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$14.46M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$10.08M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$1.86M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.02M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$41.90M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$55.32M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.65M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$6.20M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $6,505 and $7,771, respectively	`LongTermDebtNoncurrent`	$238.23M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $6,505 and $7,771, respectively	`LongTermDebtNoncurrent`	$173.25M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$177.90M	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`	$233.22M	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 13)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,327,181 and 41,924,597 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$419.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,327,181 and 41,924,597 shares issued and outstanding as of September 30, 2022 and December 31, 2021, respectively	`CommonStockValue`	$423.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.70B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.62B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$825.00K	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$7.11M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-656.92M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-786.82M	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`	$971.79M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$88.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$727.00K	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$777.27M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$746.82M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$830.68M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.20B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.21B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expense	`ShareBasedCompensation`	$2.36M	USD	3 Qtrs
Nonvested stock amortization expense	`ShareBasedCompensation`	$1.67M	USD	3 Qtrs
Nonvested stock amortization expense	`ShareBasedCompensation`	$597.00K	USD	1 Quarter
Nonvested stock amortization expense	`ShareBasedCompensation`	$840.00K	USD	1 Quarter
Total revenues	`Revenues`	$363.85M	USD	3 Qtrs
Total revenues	`Revenues`	$409.96M	USD	3 Qtrs
Total revenues	`Revenues`	$135.97M	USD	1 Quarter
Total revenues	`Revenues`	$155.25M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$37.80M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$110.42M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$39.50M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$109.57M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$78.57M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$59.62M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$21.79M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$22.09M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$19.63M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$8.64M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$22.41M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$6.95M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $840, $597, $2,356 and $1,670, respectively)	`GeneralAndAdministrativeExpense`	$5.91M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $840, $597, $2,356 and $1,670, respectively)	`GeneralAndAdministrativeExpense`	$18.33M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $840, $597, $2,356 and $1,670, respectively)	`GeneralAndAdministrativeExpense`	$17.62M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $840, $597, $2,356 and $1,670, respectively)	`GeneralAndAdministrativeExpense`	$5.66M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$4.40M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$2.38M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$761.00K	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$1.63M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.58M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.16M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.41M	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-894.00K	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-159.00K	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$255.92M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$273.49M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$89.88M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$90.79M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$65.37M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$45.18M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$136.47M	USD	3 Qtrs
Operating income	`OperatingIncomeLoss`	$107.93M	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-2.15M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$84.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$440.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$617.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$25.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$377.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$292.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$144.00K	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.28M	USD	1 Quarter
Interest expense	`InterestExpense`	$12.96M	USD	3 Qtrs
Interest expense	`InterestExpense`	$3.94M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.92M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-4.13M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-5.93M	USD	3 Qtrs
Other expense, net	`NonoperatingIncomeExpense`	$-8.24M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-16.78M	USD	3 Qtrs
Net income	`ProfitLoss`	$1.99M	USD	1 Quarter
Net income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net income	`ProfitLoss`	$32.04M	USD	1 Quarter
Net income	`ProfitLoss`	$91.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net income	`ProfitLoss`	$57.13M	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$639.00K	USD	3 Qtrs
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$220.00K	USD	1 Quarter
Net income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$129.90M	USD	3 Qtrs
Net income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$91.15M	USD	3 Qtrs
Net income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$40.83M	USD	1 Quarter
Net income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$57.13M	USD	1 Quarter
Earnings per share-basic	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Earnings per share-basic	`EarningsPerShareBasic`	$3.07	USD	3 Qtrs
Earnings per share-basic	`EarningsPerShareBasic`	$2.17	USD	3 Qtrs
Earnings per share-basic	`EarningsPerShareBasic`	$1.36	USD	1 Quarter
Earnings per share-diluted	`EarningsPerShareDiluted`	$2.14	USD	3 Qtrs
Earnings per share-diluted	`EarningsPerShareDiluted`	$3.03	USD	3 Qtrs
Earnings per share-diluted	`EarningsPerShareDiluted`	$1.34	USD	1 Quarter
Earnings per share-diluted	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.36M	shares	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.10M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.53M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.05M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.92M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.75M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.88M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.55M	shares	3 Qtrs

Cash Flow Statement 72 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.99M	USD	1 Quarter
Net income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net income	`ProfitLoss`	$32.04M	USD	1 Quarter
Net income	`ProfitLoss`	$91.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net income	`ProfitLoss`	$57.13M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$14.20M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$15.58M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$44.16M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$41.41M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.27M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$3.11M	USD	3 Qtrs
Amortization of fair market value of time charters acquired	`AmortizationOfFairMarketValueOfTimeChartersAcquired`	$2.04M	USD	3 Qtrs
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.06M	USD	3 Qtrs
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.04M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.36M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.67M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$597.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$840.00K	USD	1 Quarter
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-894.00K	USD	3 Qtrs
Loss on sale of vessels	`GainLossOnDispositionOfAssets`	$-159.00K	USD	1 Quarter
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	3 Qtrs
Loss on debt extinguishment	`GainsLossesOnExtinguishmentOfDebt`	$-4.41M	USD	1 Quarter
Amortization of premium on derivative	`PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis`	$153.00K	USD	3 Qtrs
Amortization of premium on derivative	`PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis`	$63.00K	USD	3 Qtrs
Interest rate cap premium payment	`InterestRateCapPremiumPayment`	$240.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$709.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$913.00K	USD	3 Qtrs
Increase in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$9.08M	USD	3 Qtrs
Increase in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$5.75M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$1.42M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$193.00K	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$7.62M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$2.14M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.11M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.34M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$4.38M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$6.02M	USD	3 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.31M	USD	3 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.38M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$22.26M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$1.89M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.45M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$134.99M	USD	3 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$113.20M	USD	3 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$50.88M	USD	3 Qtrs
Purchase of scrubbers (capitalized in Vessels)	`PaymentsToAcquireScrubbers`	$193.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$901.00K	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.93M	USD	3 Qtrs
Net proceeds from sale of vessels	`ProceedsFromSaleOfVesselAssetsNet`	$36.70M	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$295.00K	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$293.00K	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-77.30M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.52M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$82.71M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$7.17M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$11.00K	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$5.47M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-148.97M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-156.88M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-99.19M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-49.04M	USD	3 Qtrs
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`	$71.49M	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`	$80.49M	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`	$71.49M	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`	$80.49M	USD	Point-in-time

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.79	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.67	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.02	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.05	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.10	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$777.27M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$746.82M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$830.68M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$1.99M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$41.87M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$47.62M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$32.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$91.15M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$41.05M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$57.13M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$40.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-98.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$161.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.29M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$21.32M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$845.00K	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$4.22M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$2.11M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$33.56M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$28.45M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$522.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$551.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$597.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$840.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$826.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$690.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$744.99M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$777.27M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$746.82M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$830.68M	USD	Point-in-time

Comprehensive Income 26 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$1.99M	USD	1 Quarter
Net income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net income	`ProfitLoss`	$32.04M	USD	1 Quarter
Net income	`ProfitLoss`	$91.15M	USD	3 Qtrs
Net income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net income	`ProfitLoss`	$57.13M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$40.00K	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-98.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	3 Qtrs
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.50M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$-23.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$161.00K	USD	1 Quarter
Other comprehensive income (loss)	`OtherComprehensiveIncomeLossNetOfTax`	$3.29M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$91.19M	USD	3 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$57.03M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$42.54M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$136.82M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$220.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$639.00K	USD	3 Qtrs
Comprehensive income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$91.19M	USD	3 Qtrs
Comprehensive income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$136.18M	USD	3 Qtrs
Comprehensive income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$57.03M	USD	1 Quarter
Comprehensive income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$42.32M	USD	1 Quarter

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