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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues:    
Voyage revenues $ 63,180 $ 39,676
Service revenues 810 810
Total revenues 63,990 40,486
Operating expenses:    
Voyage expenses 1,956 1,272
Vessel operating expenses 31,223 27,119
General, administrative, and management fees 15,376 8,191
Depreciation and amortization 36,201 34,378
Total operating expenses 84,756 70,960
Operating loss (20,766) (30,474)
Other (expense) income:    
Other (expense) income (57) 19
Interest income 20 18
Interest expense (21,023) (21,289)
Other expense (21,060) (21,252)
Loss before income taxes (41,826) (51,726)
Income tax expense (412) (224)
Net loss (42,238) (51,950)
Less: Net loss attributable to noncontrolling interest (3,133) (3,787)
Net loss attributable to Genco Shipping & Trading Limited $ (39,105) $ (48,163)
Net loss per share-basic (in dollars per share) $ (0.90) $ (1.12)
Net loss per share-diluted (in dollars per share) $ (0.90) $ (1.12)
Weighted average common shares outstanding-basic (in shares) 43,568,942 43,161,510
Weighted average common shares outstanding-diluted (in shares) 43,568,942 43,161,510