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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) 23,418 25,080       25,080 (1,662)
Change in unrealized gain on investments (26,866) (26,866)     (26,866)    
Unrealized gain on cash flow hedges, net 10,333 10,333     10,333    
Issuance of 15,000 shares of nonvested stock, less forfeitures of 1,500 shares and 1,100 shares for year ended September 30, 2012 and 2011, respectively 0            
Nonvested stock amortization 6,617 4,443   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
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) (108,915) (99,289)       (99,289) (9,626)
Change in unrealized gain on investments (643) (643)     (643)    
Unrealized gain on cash flow hedges, net 6,394 6,394     6,394    
Issuance of 7,500,000 shares of common stock 49,874 49,874 75 49,799      
Issuance of 15,000 shares of nonvested stock, less forfeitures of 1,500 shares and 1,100 shares for year ended September 30, 2012 and 2011, respectively 0            
Nonvested stock amortization 4,591 3,214   3,214     1,377
Cash dividends paid by Baltic Trading Limited (3,910) (29)       (29) (3,881)
Vesting of restricted shares issued by Baltic Trading Limited   32   32     (32)
Balance at Sep. 30, 2012 $ 1,309,009 $ 1,111,159 $ 438 $ 862,488 $ (11,798) $ 260,031 $ 197,850