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CASH FLOW INFORMATION (Details 2) (USD $)
In Thousands, unless otherwise specified
12 Months Ended 0 Months Ended 12 Months Ended
Dec. 31, 2012
Dec. 31, 2011
Dec. 31, 2010
Jul. 27, 2010
Peter Georgiopoulos, chairman of the Board
Jul. 27, 2010
Accounts payable and accrued expenses
Dec. 31, 2011
Accounts payable and accrued expenses
Dec. 31, 2010
Accounts payable and accrued expenses
Dec. 31, 2010
Prepaid expenses and other current assets
Non-cash investing and financing activities                
Amount of vessel purchases included in accounts payable and accrued expenses           $ 501 $ 3,979  
Deposits on vessel purchases included in accounts payable and accrued expenses             38  
Purchases of other fixed assets included in accounts payable and accrued expenses           1,559 60  
Deferred financing fees included in accounts payable and accrued expenses           105 204  
Issuance costs related to the concurrent offering and issuance of convertible senior notes included in accounts payable and accrued expenses         51      
Dividend payments due included in accounts payable and accrued expenses       1        
Interest receivable associated with deposits on vessels included in prepaid expenses and other current assets               22
Deferred financiing fees included in long-term interest payable 13,199              
Reclassification from deposits on vessels to vessels, net of accumulated depreciation due to completion of purchase of the Genco Rhone and Genco Avra   13,718            
Cash paid for interest 79,373 81,256 64,281          
Cash paid for estimated income taxes $ 1,216 $ 1,120 $ 1,995