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Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 12 Months Ended
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Revenues:      
Voyage revenues $ 224,179 $ 223,159 $ 388,929
Service revenues 3,285 3,294 3,285
Total revenues 227,464 226,453 392,214
Operating expenses:      
Voyage expenses 8,046 7,009 4,457
Vessel operating expenses 111,671 114,318 105,514
General, administrative and management fees 34,031 35,673 33,928
Depreciation and amortization 140,743 139,063 136,203
Other operating income (121) (265) (527)
Total operating expenses 294,370 295,798 279,575
Operating (loss) income (66,906) (69,345) 112,639
Other (expense) income:      
Other expense (76) (29) (80)
Interest income 75 378 616
Interest expense (88,216) (87,558) (86,722)
Other expense (88,217) (87,209) (86,186)
(Loss) income before income taxes (155,123) (156,554) 26,453
Income tax expense (1,898) (1,222) (1,385)
Net (loss) income (157,021) (157,776) 25,068
Less: Net loss attributable to noncontrolling interest (9,280) (12,848) (318)
Net (loss) income attributable to Genco Shipping & Trading Limited $ (147,741) $ (144,928) $ 25,386
Net (loss) income per share-basic (in dollars per share) $ (3.42) $ (3.47) $ 0.72
Net (loss) income per share-diluted (in dollars per share) $ (3.42) $ (3.47) $ 0.72
Weighted average common shares outstanding-basic (in shares) 43,249,070 41,727,075 35,179,244
Weighted average common shares outstanding-diluted (in shares) 43,249,070 41,727,075 35,258,205
Dividends declared per share (in dollars per share) $ 0 $ 0 $ 0