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UNAUDITED QUARTERLY RESULTS OF OPERATIONS (Details) (USD $) In Thousands, except Share data, unless otherwise specified | 3 Months Ended | 12 Months Ended
--- | --- | ---
Dec. 31, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Mar. 31, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2011
UNAUDITED QUARTERLY RESULTS OF OPERATIONS [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Revenues | $ 81,785 |  | $ 59,433 |  | $ 45,760 |  | $ 40,486 |  | $ 49,247 |  | $ 54,431 |  | $ 62,931 |  | $ 59,844 |  | $ 227,464 | $ 226,453 | $ 392,214
Operating (loss) income | 4,030 |  | (13,387) |  | (27,075) |  | (30,474) |  | (26,197) |  | (20,194) |  | (10,433) |  | (12,521) |  | (66,906) | (69,345) | 112,639
Net (loss) income | (19,155) |  | (36,976) |  | (48,940) |  | (51,950) |  | (48,864) |  | (42,037) |  | (30,492) |  | (36,383) |  | (157,021) | (157,776) | 25,068
Net (loss) income attributable to noncontrolling interest | 20 |  | (1,942) |  | (3,571) |  | (3,787) |  | (3,197) |  | (3,588) |  | (2,751) |  | (3,312) |  | (9,280) | (12,848) | (318)
Net (loss) income attributable to Genco Shipping & Trading Limited | $ (19,175) |  | $ (35,034) |  | $ (45,369) |  | $ (48,163) |  | $ (45,667) |  | $ (38,449) |  | $ (27,741) |  | $ (33,071) |  | $ (147,741) | $ (144,928) | $ 25,386
Net (loss) income per share - Basic (in dollars per share) | $ (0.43) | [1] | $ (0.81) | [1] | $ (1.05) | [1] | $ (1.12) | [1] | $ (1.06) | [1] | $ (0.90) | [1] | $ (0.65) | [1] | $ (0.87) | [1] | $ (3.42) | $ (3.47) | $ 0.72
Net (loss) income per share - Diluted (in dollars per share) | $ (0.43) | [1] | $ (0.81) | [1] | $ (1.05) | [1] | $ (1.12) | [1] | $ (1.06) | [1] | $ (0.90) | [1] | $ (0.65) | [1] | $ (0.87) | [1] | $ (3.42) | $ (3.47) | $ 0.72
Dividends declared and paid per share (in dollars per share) | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | [1],[2] | $ 0 | $ 0 | $ 0
Weighted-average common shares outstanding, basic (in shares) | 43,403,894 |  | 43,231,510 |  | 43,196,895 |  | 43,161,510 |  | 43,026,657 |  | 42,885,810 |  | 42,878,228 |  | 38,090,590 |  | 43,249,070 | 41,727,075 | 35,179,244
Weighted average common shares outstanding - Diluted | 43,403,894 |  | 43,231,510 |  | 43,196,895 |  | 43,161,510 |  | 43,026,657 |  | 42,885,810 |  | 42,878,228 |  | 38,090,590 |  | 43,249,070 | 41,727,075 | 35,258,205
[1] | Amounts may not total to annual earnings (loss) because each quarter and year are calculated separately based on basic and diluted weighted-average common shares outstanding during that period.
[2] | Does not include cash dividends paid by Baltic Trading.

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