XML 68 R24.htm IDEA: XBRL DOCUMENT
v2.4.0.8

DEFERRED FINANCING COSTS | 6 Months Ended
--- | ---
Jun. 30, 2014
DEFERRED FINANCING COSTS |
DEFERRED FINANCING COSTS | 15 — DEFERRED FINANCING COSTS Deferred financing costs include fees, commissions and legal expenses associated with securing loan facilities and other debt offerings and amending existing loan facilities. Total net deferred financing costs consist of the following as of June 30, 2014 and December 31, 2013:
|  | June 30, 2014 |  | December 31, 2013 |
2007 Credit Facility |  | $ | 29,568 |  | $ | 29,568 |
$ 100 Million Term Loan Facility |  | 1,857 |  | 1,783 |
$253 Million Term Loan Facility |  | 4,884 |  | 4,708 |
2010 Notes |  | 3,637 |  | 3,637 |
2010 Baltic Trading Credit Facility |  | 3,339 |  | 3,339 |
Baltic Trading $22 Million Term Loan Facility |  | 529 |  | 518 |
Baltic Trading $44 Million Term Loan Facility |  | 758 |  | 737 |
Total deferred financing costs |  | 44,572 |  | 44,290 |
Less: accumulated amortization |  | 26,570 |  | 22,279 |
Total |  | $ | 18,002 |  | $ | 22,011 |
Amortization expense for deferred financing costs for the three months ended June 30, 2014 and 2013 was $2,071 and $1,856, respectively, and $4,291 and $3,691, respectively. This amortization expense is recorded as a component of interest expense in the Condensed Consolidated Statements of Operations.

X
- Definition Disclosure of all information related to deferred financing costs. + References No definition available. + Details
Name: | gnk_DeferredFinancingCostsDisclosureTextBlock
Namespace Prefix: | gnk_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_DeferredFinanceCostsAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration