XML 32 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.6

OTHER ASSETS, NET | 12 Months Ended
--- | ---
Dec. 31, 2011
OTHER ASSETS, NET |
OTHER ASSETS, NET |
15 — OTHER ASSETS, NET Other assets consist of deferred financing costs, which include fees, commissions and legal expenses associated with securing loan facilities and other debt offerings and amending existing loan facilities. These costs are amortized over the life of the related debt and are included in interest expense. As of December 31, 2011 and 2010, the Company has deferred financing fees associated with the 2007 Credit Facility, the $100 Million Term Loan Facility, the $253 Million Term Loan Facility, the debt portion of the 2010 Notes and the 2010 Baltic Trading Credit Facility. (Refer to Note 9 — Long-Term Debt and Note 10 — Convertible Senior Notes) Total net deferred financing costs consist of the following as of December 31, 2011 and 2010:
|  | December 31, 2011 |  | December 31, 2010 |
2007 Credit Facility |  | $ | 13,189 |  | $ | 10,074 |
$100 Million Term Loan Facility |  | 1,578 |  | 1,318 |
$253 Million Term Loan Facility |  | 4,113 |  | 3,529 |
2010 Notes |  | 3,637 |  | 3,637 |
2010 Baltic Trading Credit Facility |  | 3,027 |  | 2,940 |
Total deferred financing costs |  | 25,544 |  | 21,498 |
Less: accumulated amortization |  | 7,749 |  | 4,561 |
Total |  | $ | 17,795 |  | $ | 16,937 |

X
- Definition Disclosure of all information related to deferred financing costs. + References No definition available. + Details
Name: | gnk_DeferredFinancingCostsDisclosureTextBlock
Namespace Prefix: | gnk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | gnk_OtherAssetsNetDisclosureAbstract
Namespace Prefix: | gnk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration