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Condensed Consolidated Statements of Equity (USD $)
In Thousands, unless otherwise specified
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, 2010 $ 1,348,153 $ 1,132,949 $ 359 $ 803,778 $ (5,210) $ 334,022 $ 215,204
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 12,171 13,426       13,426 (1,255)
Change in unrealized gain on investments 430 430     430    
Unrealized gain on cash flow hedges, net 7,205 7,205     7,205    
Nonvested stock amortization 2,439 1,494   1,494     945
Cash dividends paid by Baltic Trading Limited (2,872) (26)       (26) (2,846)
Vesting of restricted shares issued by Baltic Trading Limited   37   37     (37)
Balance at Mar. 31, 2011 1,367,526 1,155,515 359 805,309 2,425 347,422 212,011
Balance at Dec. 31, 2011 1,361,618 1,151,606 363 809,443 (17,549) 359,349 210,012
Increase (Decrease) in Shareholders' Equity              
Net income (loss) (36,383) (33,071)       (33,071) (3,312)
Change in unrealized gain on investments 7,814 7,814     7,814    
Unrealized gain on cash flow hedges, net 2,753 2,753     2,753    
Issuance of 7,500,000 shares of common stock 49,870 49,870 75 49,795      
Nonvested stock amortization 1,650 1,078   1,078     572
Cash dividends paid by Baltic Trading Limited (2,212) (20)       (20) (2,192)
Vesting of restricted shares issued by Baltic Trading Limited   49   49     (49)
Balance at Mar. 31, 2012 $ 1,385,110 $ 1,180,079 $ 438 $ 860,365 $ (6,982) $ 326,258 $ 205,031