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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenues:        
Voyage revenues $ 51,545 $ 44,941 $ 114,725 $ 84,617
Service revenues 819 819 1,629 1,629
Total revenues 52,364 45,760 116,354 86,246
Operating expenses:        
Voyage expenses 1,983 2,867 3,940 4,139
Vessel operating expenses 30,545 26,766 61,768 53,885
General, administrative, and management fees 9,850 8,480 25,226 16,672
Depreciation and amortization 36,538 34,722 72,739 69,100
Total operating expenses 78,916 72,835 163,673 143,796
Operating loss (26,552) (27,075) (47,319) (57,550)
Other (expense) income:        
Other expense (50) (33) (107) (13)
Interest income 25 16 45 34
Interest expense (18,510) (21,554) (39,532) (42,843)
Other expense (18,535) (21,571) (39,594) (42,822)
Loss before reorganization items, net (45,087) (48,646) (86,913) (100,372)
Reorganization items, net (20,106)   (20,106)  
Loss before income taxes (65,193) (48,646) (107,019) (100,372)
Income tax expense (364) (294) (777) (518)
Net loss (65,557) (48,940) (107,796) (100,890)
Less: Net loss attributable to noncontrolling interest (5,033) (3,571) (8,166) (7,358)
Net loss attributable to Genco Shipping & Trading Limited $ (60,524) $ (45,369) $ (99,630) $ (93,532)
Net loss per share-basic (in dollars per share) $ (1.39) $ (1.05) $ (2.29) $ (2.17)
Net loss per share-diluted (in dollars per share) $ (1.39) $ (1.05) $ (2.29) $ (2.17)
Weighted average common shares outstanding-basic (in shares) 43,568,942 43,196,895 43,568,942 43,179,300
Weighted average common shares outstanding-diluted (in shares) 43,568,942 43,196,895 43,568,942 43,179,300