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Condensed Consolidated Statements of Equity (USD $)
In Thousands
Total
Genco Shipping & Trading Limited Shareholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained Earnings
Noncontrolling Interest
Balance at Dec. 31, 2009$ 928,925$ 928,925$ 318$ 722,198$ 13,589$ 192,820 
Increase (Decrease) in Shareholders' Equity       
Net income (loss)109,863106,435   106,4353,428
Change in unrealized gain on investments(8,527)(8,527)  (8,527)  
Unrealized gain (loss) on cash flow hedges, net(12,374)(12,374)  (12,374)  
Issuance of 15,000 shares of nonvested stock, less forfeitures of 1,100 shares for 9 months ended September 30, 2011 and 90,000 shares of nonvested stock for 9 months ended September 30, 2010, respectively  1(1)   
Issuance of 3,593,750 shares of common stock54,88254,8823654,846   
Issuance of Convertible Senior Notes23,40923,409 23,409   
Nonvested stock amortization5,3173,331 3,331  1,986
Cash dividends paid by Baltic Trading Limited(2,686)(21)   (21)(2,665)
Issuance of common stock of Baltic Trading Limited210,395(1,054) (1,054)  211,449
Balance at Sep. 30, 20101,309,2041,095,006355802,729(7,312)299,234214,198
Balance at Dec. 31, 20101,348,1531,132,949359803,778(5,210)334,022215,204
Increase (Decrease) in Shareholders' Equity       
Net income (loss)23,41825,080   25,080(1,662)
Change in unrealized gain on investments(26,866)(26,866)  (26,866)  
Unrealized gain (loss) on cash flow hedges, net10,33310,333  10,333  
Issuance of 15,000 shares of nonvested stock, less forfeitures of 1,100 shares for 9 months ended September 30, 2011 and 90,000 shares of nonvested stock for 9 months ended September 30, 2010, respectively  0    
Nonvested stock amortization6,6174,443 4,443  2,174
Cash dividends paid by Baltic Trading Limited(5,575)(45)   (45)(5,530)
Vesting of restricted shares issued by Baltic Trading Limited 37 37  (37)
Balance at Sep. 30, 2011$ 1,356,080$ 1,145,931$ 359$ 808,258$ (21,743)$ 359,057$ 210,149