10-Q Filing

GENCO SHIPPING & TRADING LTD CIK: 1326200 Q3 2023

Filing Information

Form Type	10-Q
Accession Number	`0001558370-23-018313`
Period End Date	20230930
Filing Date	20231108
Fiscal Year	2023
Fiscal Period	Q3
XBRL Instance	gnk-20230930x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 87 Income Statement 90 Cash Flow Statement 68 Stockholders Equity 50 Comprehensive Income 28

Balance Sheet 87 line items

Line Item	Tag	Value	Unit	Period
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$46.26M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.14M	USD	Point-in-time
Due from charterers, reserve	`AllowanceForDoubtfulAccountsReceivableCurrent`	$2.52M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.14M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsAtCarryingValue`	$5.64M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$303.10M	USD	Point-in-time
Due from charterers, net of a reserve of $2,516 and $2,141, respectively	`AccountsReceivableNetCurrent`	$25.33M	USD	Point-in-time
Vessels, accumulated depreciation	`AccumulatedDepreciationVessels`	$284.69M	USD	Point-in-time
Due from charterers, net of a reserve of $2,516 and $2,141, respectively	`AccountsReceivableNetCurrent`	$19.52M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$15.46M	USD	Point-in-time
Deferred drydock, accumulated amortization	`AccumulatedDepreciationOfDeferredDrydockCosts`	$19.43M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$10.16M	USD	Point-in-time
Prepaid expenses and other current assets	`PrepaidExpenseAndOtherAssetsCurrent`	$8.40M	USD	Point-in-time
Inventories	`InventoryNet`	$21.60M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$6.25M	USD	Point-in-time
Fixed assets, accumulated depreciation and amortization	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$7.43M	USD	Point-in-time
Inventories	`InventoryNet`	$27.57M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeAssetsCurrent`	$6.31M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$6.08M	USD	Point-in-time
Deferred financing costs, noncurrent	`DeferredFinanceCostsNoncurrentNet`	$4.76M	USD	Point-in-time
Fair value of derivative instruments	`DerivativeAssetsCurrent`	$2.37M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$111.52M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$125.43M	USD	Point-in-time
Vessels, net of accumulated depreciation of $284,693 and $303,098, respectively	`VesselsNet`	$1.00B	USD	Point-in-time
Vessels, net of accumulated depreciation of $284,693 and $303,098, respectively	`VesselsNet`	$939.75M	USD	Point-in-time
Deferred drydock, net of accumulated amortization of $19,431 and $15,456 respectively	`DeferredDrydockCostsNet`	$32.98M	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
Deferred drydock, net of accumulated amortization of $19,431 and $15,456 respectively	`DeferredDrydockCostsNet`	$32.25M	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 $7,430 and $6,254, respectively	`PropertyPlantAndEquipmentNet`	$7.43M	USD	Point-in-time
Fixed assets, net of accumulated depreciation and amortization of $7,430 and $6,254, respectively	`PropertyPlantAndEquipmentNet`	$8.56M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	500.00M	shares	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.54M	shares	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$2.99M	USD	Point-in-time
Operating lease right-of-use assets	`OperatingLeaseRightOfUseAsset`	$4.08M	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	42.33M	shares	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Restricted cash	`RestrictedCashAndCashEquivalentsNoncurrent`	$315.00K	USD	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	42.33M	shares	Point-in-time
Common stock, shares outstanding (in shares)	`CommonStockSharesOutstanding`	42.54M	shares	Point-in-time
Fair value of derivative instruments	`DerivativeAssetsNoncurrent`	$423.00K	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$983.48M	USD	Point-in-time
Total noncurrent assets	`AssetsNoncurrent`	$1.05B	USD	Point-in-time
Total assets	`Assets`	$1.09B	USD	Point-in-time
Total assets	`Assets`	$1.17B	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$27.43M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrent`	$29.48M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$6.53M	USD	Point-in-time
Deferred revenue	`ContractWithCustomerLiabilityCurrent`	$4.96M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.27M	USD	Point-in-time
Current operating lease liabilities	`OperatingLeaseLiabilityCurrent`	$2.11M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$36.54M	USD	Point-in-time
Total current liabilities:	`LiabilitiesCurrent`	$36.23M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$4.10M	USD	Point-in-time
Long-term operating lease liabilities	`OperatingLeaseLiabilityNoncurrent`	$2.39M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $4,756 and $6,079, respectively	`LongTermDebtNoncurrent`	$139.99M	USD	Point-in-time
Long-term debt, net of deferred financing costs of $4,756 and $6,079, respectively	`LongTermDebtNoncurrent`	$164.92M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$169.02M	USD	Point-in-time
Total noncurrent liabilities	`LiabilitiesNoncurrent`	$142.38M	USD	Point-in-time
Total liabilities	`Liabilities`	$178.61M	USD	Point-in-time
Total liabilities	`Liabilities`	$205.56M	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,536,983 and 42,327,181 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$425.00K	USD	Point-in-time
Common stock, par value $0.01; 500,000,000 shares authorized; 42,536,983 and 42,327,181 shares issued and outstanding as of September 30, 2023 and December 31, 2022, respectively	`CommonStockValue`	$423.00K	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.56B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapitalCommonStock`	$1.59B	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$6.48M	USD	Point-in-time
Accumulated other comprehensive income	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$2.26M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-628.25M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-646.05M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$915.17M	USD	Point-in-time
Total Genco Shipping & Trading Limited shareholders' equity	`StockholdersEquity`	$967.43M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$876.00K	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$1.22M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$949.58M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$954.95M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.39M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$968.31M	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.17B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$1.09B	USD	Point-in-time

Income Statement 90 line items

Line Item	Tag	Value	Unit	Period
Nonvested stock amortization expense	`ShareBasedCompensation`	$1.40M	USD	1 Quarter
Nonvested stock amortization expense	`ShareBasedCompensation`	$840.00K	USD	1 Quarter
Nonvested stock amortization expense	`ShareBasedCompensation`	$2.36M	USD	3 Qtrs
Nonvested stock amortization expense	`ShareBasedCompensation`	$4.17M	USD	3 Qtrs
Total revenues	`Revenues`	$83.36M	USD	1 Quarter
Total revenues	`Revenues`	$409.96M	USD	3 Qtrs
Total revenues	`Revenues`	$268.31M	USD	3 Qtrs
Total revenues	`Revenues`	$135.97M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$39.50M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$100.52M	USD	3 Qtrs
Voyage expenses	`VoyageExpenses`	$34.26M	USD	1 Quarter
Voyage expenses	`VoyageExpenses`	$110.42M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$22.09M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$24.75M	USD	1 Quarter
Vessel operating expenses	`DirectOperatingCosts`	$71.72M	USD	3 Qtrs
Vessel operating expenses	`DirectOperatingCosts`	$78.57M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$2.03M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$6.73M	USD	3 Qtrs
Charter hire expenses	`CharterHireExpense`	$6.95M	USD	1 Quarter
Charter hire expenses	`CharterHireExpense`	$19.63M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,397, $840, $4,175 and $2,356, respectively)	`GeneralAndAdministrativeExpense`	$6.58M	USD	1 Quarter
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,397, $840, $4,175 and $2,356, respectively)	`GeneralAndAdministrativeExpense`	$21.27M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,397, $840, $4,175 and $2,356, respectively)	`GeneralAndAdministrativeExpense`	$18.33M	USD	3 Qtrs
General and administrative expenses (inclusive of nonvested stock amortization expense of $1,397, $840, $4,175 and $2,356, respectively)	`GeneralAndAdministrativeExpense`	$5.91M	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$973.00K	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$761.00K	USD	1 Quarter
Technical management fees	`TechnicalManagementFees`	$3.08M	USD	3 Qtrs
Technical management fees	`TechnicalManagementFees`	$2.38M	USD	3 Qtrs
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.03M	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`	$49.76M	USD	3 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$28.10M	USD	3 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$28.10M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$273.49M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$90.79M	USD	1 Quarter
Total operating expenses	`CostsAndExpenses`	$281.19M	USD	3 Qtrs
Total operating expenses	`CostsAndExpenses`	$113.71M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-30.35M	USD	1 Quarter
Operating (loss) income	`OperatingIncomeLoss`	$-12.88M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$136.47M	USD	3 Qtrs
Operating (loss) income	`OperatingIncomeLoss`	$45.18M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-100.00K	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-2.15M	USD	1 Quarter
Other (expense) income	`OtherNonoperatingIncomeExpense`	$-298.00K	USD	3 Qtrs
Other (expense) income	`OtherNonoperatingIncomeExpense`	$617.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$292.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$377.00K	USD	3 Qtrs
Interest income	`InvestmentIncomeInterest`	$588.00K	USD	1 Quarter
Interest income	`InvestmentIncomeInterest`	$1.88M	USD	3 Qtrs
Interest expense	`InterestExpense`	$6.16M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.00M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.92M	USD	3 Qtrs
Interest expense	`InterestExpense`	$2.28M	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`	$-1.51M	USD	1 Quarter
Other expense, net	`NonoperatingIncomeExpense`	$-4.58M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$2.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-31.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.46M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.54M	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
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$140.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$345.00K	USD	3 Qtrs
Net (loss) income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$40.83M	USD	1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$-32.00M	USD	1 Quarter
Net (loss) income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$129.90M	USD	3 Qtrs
Net (loss) income attributable to Genco Shipping & Trading Limited	`NetIncomeLoss`	$-17.81M	USD	3 Qtrs
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$3.07	USD	3 Qtrs
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$-0.42	USD	3 Qtrs
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$-0.75	USD	1 Quarter
Net (loss) earnings per share-basic	`EarningsPerShareBasic`	$0.96	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$-0.75	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$0.95	USD	1 Quarter
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$3.03	USD	3 Qtrs
Net (loss) earnings per share-diluted	`EarningsPerShareDiluted`	$-0.42	USD	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.53M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.82M	shares	1 Quarter
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.75M	shares	3 Qtrs
Weighted average common shares outstanding-basic	`WeightedAverageNumberOfSharesOutstandingBasic`	42.36M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.82M	shares	1 Quarter
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.92M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.75M	shares	3 Qtrs
Weighted average common shares outstanding-diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	42.88M	shares	1 Quarter

Cash Flow Statement 68 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$2.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-31.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.46M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.54M	USD	1 Quarter
Depreciation and amortization	`DepreciationDepletionAndAmortization`	$17.03M	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`	$49.76M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.32M	USD	3 Qtrs
Amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$1.27M	USD	3 Qtrs
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.08M	USD	3 Qtrs
Right-of-use asset amortization	`OperatingLeaseRightOfUseAssetAmortizationExpense`	$1.06M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$1.40M	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$840.00K	USD	1 Quarter
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$2.36M	USD	3 Qtrs
Amortization of nonvested stock compensation expense	`ShareBasedCompensation`	$4.17M	USD	3 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$28.10M	USD	3 Qtrs
Impairment of vessel assets	`VesselAssetImpairmentCharges`	$28.10M	USD	1 Quarter
Amortization of premium on derivatives	`PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis`	$143.00K	USD	3 Qtrs
Amortization of premium on derivatives	`PremiumOnDerivativeExcludedAndRecognizedOnAmortizedBasis`	$63.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$709.00K	USD	3 Qtrs
Insurance proceeds for protection and indemnity claims	`ProceedsFromInsuranceProtectionAndIndemnityClaims`	$252.00K	USD	3 Qtrs
Insurance proceeds for loss of hire claims	`ProceedsFromInsuranceForLossOfHireClaims`	$506.00K	USD	3 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$5.75M	USD	3 Qtrs
Decrease (increase) in due from charterers	`IncreaseDecreaseInAccountsReceivable`	$-5.81M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$4.88M	USD	3 Qtrs
Increase in prepaid expenses and other current assets	`IncreaseDecreaseInPrepaidExpenseAndOtherCurrentAssets`	$1.42M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$5.97M	USD	3 Qtrs
Increase in inventories	`IncreaseDecreaseInInventories`	$7.62M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$7.34M	USD	3 Qtrs
Increase in accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$24.00K	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$4.38M	USD	3 Qtrs
Increase in deferred revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$1.58M	USD	3 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.38M	USD	3 Qtrs
Decrease in operating lease liabilities	`IncreaseDecreaseInOperatingLeaseLiabilities`	$-1.55M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$22.26M	USD	3 Qtrs
Deferred drydock costs incurred	`DeferredDrydockCostsIncurred`	$10.73M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$153.45M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$52.17M	USD	3 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$3.48M	USD	3 Qtrs
Purchase of vessels and ballast water treatment systems, including deposits	`PaymentsToAcquireVesselsAndBallastWaterTreatmentSystemsAndOtherDeposits`	$50.88M	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.17M	USD	3 Qtrs
Purchase of other fixed assets	`PaymentsToAcquirePropertyPlantAndEquipment`	$2.93M	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$293.00K	USD	3 Qtrs
Insurance proceeds for hull and machinery claims	`ProceedsFromInsuranceForHullAndMachineryClaims`	$2.36M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-53.52M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-3.29M	USD	3 Qtrs
Repayments on the $450 Million Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$26.25M	USD	3 Qtrs
Repayments on the $450 Million Credit Facility	`RepaymentsOfLongTermLinesOfCredit`	$66.25M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$82.71M	USD	3 Qtrs
Cash dividends paid	`PaymentsOfDividendsCommonStock`	$34.51M	USD	3 Qtrs
Payment of deferred financing costs	`PaymentsOfFinancingCosts`	$11.00K	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-148.97M	USD	3 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-60.76M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-49.04M	USD	3 Qtrs
Net decrease in cash, cash equivalents and restricted cash	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-11.88M	USD	3 Qtrs
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.22M	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 end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$64.10M	USD	Point-in-time
Cash, cash equivalents and restricted cash at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$52.22M	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

Stockholders Equity 50 line items

Line Item	Tag	Value	Unit	Period
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.50	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.67	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.15	USD	1 Quarter
Dividends declared per share	`CommonStockDividendsPerShareDeclared`	$0.79	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$949.58M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$954.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.39M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$968.31M	USD	Point-in-time
Net (loss) income	`ProfitLoss`	$2.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-31.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.46M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.54M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-993.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.63M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.29M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.50M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.60M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.22M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	3 Qtrs
Cash dividends declared	`DividendsCommonStockCash`	$21.32M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$6.49M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$21.52M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$28.45M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$6.41M	USD	1 Quarter
Cash dividends declared	`DividendsCommonStockCash`	$33.56M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.56M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$690.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.40M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$1.22M	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$840.00K	USD	1 Quarter
Nonvested stock amortization	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$826.00K	USD	1 Quarter
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$972.52M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$949.58M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.67M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$934.07M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$954.95M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$950.46M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$916.39M	USD	Point-in-time
Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$968.31M	USD	Point-in-time

Comprehensive Income 28 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income	`ProfitLoss`	$2.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-31.86M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$47.62M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$-17.46M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.87M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$130.54M	USD	3 Qtrs
Net (loss) income	`ProfitLoss`	$41.05M	USD	1 Quarter
Net (loss) income	`ProfitLoss`	$11.54M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-993.00K	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.49M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.63M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$3.29M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$1.50M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-1.60M	USD	1 Quarter
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$-4.22M	USD	3 Qtrs
Other comprehensive (loss) income	`OtherComprehensiveIncomeLossNetOfTax`	$6.28M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$42.54M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$136.82M	USD	3 Qtrs
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-33.47M	USD	1 Quarter
Comprehensive (loss) income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-21.69M	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$220.00K	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$345.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$639.00K	USD	3 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$140.00K	USD	1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$42.32M	USD	1 Quarter
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-22.03M	USD	3 Qtrs
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$136.18M	USD	3 Qtrs
Comprehensive (loss) income attributable to Genco Shipping & Trading Limited	`ComprehensiveIncomeNetOfTax`	$-33.61M	USD	1 Quarter

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