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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.