XML 101 R82.htm IDEA: XBRL DOCUMENT
v2.4.0.8

COMMITMENTS AND CONTINGENCIES (Details) (USD $) In Thousands, unless otherwise specified |  |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |  |  | 0 Months Ended | 3 Months Ended | 6 Months Ended |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Jun. 30, 2014 | Dec. 31, 2013 | Jun. 30, 2014 Period until May 31, 2015 | Jun. 30, 2014 Period after May 31, 2015 until April 30, 2018 | Jun. 30, 2014 Period from October 1, 2018 to April 30, 2023 | Jun. 30, 2014 Period from May 1, 2023 to September 30, 2025 | Sep. 30, 2005 Lease agreement entered into September 2005 | Jun. 30, 2014 Lease agreement entered into September 2005 | Jun. 30, 2013 Lease agreement entered into September 2005 | Jun. 30, 2014 Lease agreement entered into September 2005 | Jun. 30, 2013 Lease agreement entered into September 2005 | Dec. 31, 2013 Lease agreement entered into September 2005 | Jun. 30, 2014 Lease agreement entered into September 2005 Chapter 11 | Apr. 04, 2011 Lease agreement entered into April 2011 | Jun. 30, 2014 Lease agreement entered into April 2011 | Jun. 30, 2013 Lease agreement entered into April 2011 | Jun. 30, 2014 Lease agreement entered into April 2011 | Jun. 30, 2013 Lease agreement entered into April 2011 | Dec. 31, 2013 Lease agreement entered into April 2011 | Jun. 30, 2014 Lease agreement entered into April 2011 Period during June 1, 2011 to September 30, 2025
Commitments and contingencies |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Lease term |  |  |  |  |  |  | 15 years |  |  |  |  |  |  | 7 years |  |  |  |  |  |
Rent expense |  |  |  |  |  |  |  | $ (28) | $ 22 | $ (28) | $ 131 |  |  |  | $ 390 | $ 390 | $ 779 | $ 779 |  |
Current portion of lease obligations |  | 176 |  |  |  |  |  |  |  |  |  | 176 |  |  |  |  |  |  |  |
Long-term lease obligations | 2,658 | 3,114 |  |  |  |  |  |  |  |  |  | 744 |  |  | 2,658 |  | 2,658 |  | 2,370 |
Current lease obligations classified as subject to compromise |  |  |  |  |  |  |  |  |  |  |  |  | 162 |  |  |  |  |  |  |
Long-term lease obligations classified as subject to compromise |  |  |  |  |  |  |  |  |  |  |  |  | 666 |  |  |  |  |  |  |
Future minimum rental payments |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Remainder of 2014 |  |  |  |  |  |  |  | 259 |  | 259 |  |  |  |  | 491 |  | 491 |  |  |
2015 |  |  |  |  |  |  |  | 518 |  | 518 |  |  |  |  | 1,037 |  | 1,037 |  |  |
2016 |  |  |  |  |  |  |  | 529 |  | 529 |  |  |  |  | 1,076 |  | 1,076 |  |  |
2017 |  |  |  |  |  |  |  | 550 |  | 550 |  |  |  |  | 1,076 |  | 1,076 |  |  |
2018 |  |  |  |  |  |  |  | 550 |  | 550 |  |  |  |  | 916 |  | 916 |  |  |
Remaining term of the lease |  |  |  |  |  |  |  | 1,421 |  | 1,421 |  |  |  |  | 15,590 |  | 15,590 |  |  |
Future contract sublease income |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Remainder of 2014 |  |  |  |  |  |  |  | 170 |  | 170 |  |  |  |  |  |  |  |  |  |
2015 |  |  |  |  |  |  |  | 340 |  | 340 |  |  |  |  |  |  |  |  |  |
2016 |  |  |  |  |  |  |  | 340 |  | 340 |  |  |  |  |  |  |  |  |  |
2017 |  |  |  |  |  |  |  | 347 |  | 347 |  |  |  |  |  |  |  |  |  |
2018 |  |  |  |  |  |  |  | 380 |  | 380 |  |  |  |  |  |  |  |  |  |
Remaining term of the sublease |  |  |  |  |  |  |  | 983 |  | 983 |  |  |  |  |  |  |  |  |  |
Monthly rental payment |  |  | 82 | 90 | 186 | 204 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Monthly straight-line rental expense |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 130
Obligation of sublessor towards the cost of alterations of office space |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  | $ 472 |  |  |

X
- Definition Represents the amount of current lease obligations included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseLeaseObligationsCurrent
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the amount of noncurrent lease obligations included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseLeaseObligationsNoncurrent
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the monthly straight-line rental expense that the entity will recognize over the term of the operating lease. + References No definition available. + Details
Name: | gnk_OperatingLeasesMonthlyRentExpense
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents the monthly payments that the lessee is obligated to make or can be required to make in connection with a property under the terms of an agreement classified as an operating lease. + References No definition available. + Details
Name: | gnk_OperatingLeasesMonthlyRentPayment
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Represents the period of lease agreements entered into by the entity. + References No definition available. + Details
Name: | gnk_OperatingLeasesNoncancellableLeaseTerm
Namespace Prefix: | gnk_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the obligation of sublessor towards the cost of alterations to the assets under the lease agreement. + References No definition available. + Details
Name: | gnk_OperatingLeasesObligationOfSublessorTowardsCostOfAlterationsOfAssetUnderLease
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition For a classified balance sheet, the cumulative difference as of the balance sheet date between the payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, within one year of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39927-112707 + Details
Name: | us-gaap_DeferredRentCreditCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition For a classified balance sheet, the cumulative difference between the rental income or payments required by a lease agreement and the rental income or expense recognized on a straight-line basis, or other systematic and rational basis more representative of the time pattern in which use or benefit is granted or derived from the leased property, expected to be recognized in income or expense, by the lessor or lessee, respectively, more than one year after the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 25 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=7501430&loc=d3e39927-112707 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.26(c)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredRentCreditNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of rent expense incurred for leased assets, including but not limited to, furniture and equipment, that is not directly or indirectly associated with the manufacture, sale or creation of a product or product line. + References No definition available. + Details
Name: | us-gaap_LeaseAndRentalExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

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

X
- Definition Amount of required minimum rental payments maturing in the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFiveYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of required minimum rental payments maturing in the forth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsDueInFourYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of required minimum rental payments maturing in the third fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsDueInThreeYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of required minimum rental payments maturing in the second fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsDueInTwoYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of required minimum rental payments maturing after the fifth fiscal year following the latest fiscal year for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 10 -Section 55 -Paragraph 40 -Subparagraph (Note 3) -URI http://asc.fasb.org/extlink&oid=6584154&loc=d3e38371-112697 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 2 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6453985&loc=d3e41502-112717 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsDueThereafter
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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

X
- Definition Future rental payments receivable within the fifth year from the balance sheet date under an operating lease. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFiveYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Future rental payments receivable within the fourth year from the balance sheet date under an operating lease. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInFourYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Future rental payments receivable within the third year from the balance sheet date under an operating lease. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Future rental payments receivable within the second year from the balance sheet date under an operating lease. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of required minimum rental payments receivable in the remainder of the fiscal year following the latest fiscal year ended for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References No definition available. + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableRemainderOfFiscalYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Future minimum lease payments receivable under operating leases for periods greater than five years following the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 840 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6454179&loc=d3e41551-112718 + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsReceivableThereafter
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount of required minimum rental payments maturing in the remainder of the fiscal year following the latest fiscal year ended for operating leases having an initial or remaining non-cancelable letter-terms in excess of one year. + References No definition available. + Details
Name: | us-gaap_OperatingLeasesFutureMinimumPaymentsRemainderOfFiscalYear
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant