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SEGMENT INFORMATION (Tables) | 9 Months Ended
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Sep. 30, 2014
SEGMENT INFORMATION |
Reconciliation of Segment total voyage revenue to total consolidated voyage revenue from external customers |
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from July 1 to July 9, 2014 |  | Three Months Ended September 30, 2013 |
Voyage revenue from external customers |  |  |  |  |  |  |
GS&T |  | $ | 34,699 |  | $ | 3,240 |  | $ | 49,503 |
Baltic Trading |  | 9,244 |  | 794 |  | 9,102 |
Total operating segments |  | 43,943 |  | 4,034 |  | 58,605 |
Eliminating revenue |  | — |  | — |  | — |
Total consolidated voyage revenue from external customers |  | $ | 43,943 |  | $ | 4,034 |  | $ | 58,605 |
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from January 1 to July 9, 2014 |  | Nine Months Ended September 30, 2013 |
Voyage revenue from external customers |  |  |  |  |  |  |
GS&T |  | $ | 34,699 |  | $ | 94,171 |  | $ | 121,755 |
Baltic Trading |  | 9,244 |  | 24,588 |  | 21,467 |
Total operating segments |  | 43,943 |  | 118,759 |  | 143,222 |
Eliminating revenue |  | — |  | — |  | — |
Total consolidated voyage revenue from external customers |  | $ | 43,943 |  | $ | 118,759 |  | $ | 143,222 |
Reconciliation of total intersegment revenue |
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from July 1 to July 9, 2014 |  | Three Months Ended September 30, 2013 |
Intersegment revenue |  |  |  |  |  |  |
GS&T |  | $ | 936 |  | $ | 89 |  | $ | 1,187 |
Baltic Trading |  | — |  | — |  | — |
Total operating segments |  | 936 |  | 89 |  | 1,187 |
Eliminating revenue |  | (936 | ) | (89 | ) | (1,187 | )
Total consolidated intersegment revenue |  | $ | — |  | $ | — |  | $ | — |
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from January 1 to July 9, 2014 |  | Nine Months Ended September 30, 2013 |
Intersegment revenue |  |  |  |  |  |  |
GS&T |  | $ | 936 |  | $ | 2,156 |  | $ | 2,563 |
Baltic Trading |  | — |  | — |  | — |
Total operating segments |  | 936 |  | 2,156 |  | 2,563 |
Eliminating revenue |  | (936 | ) | (2,156 | ) | (2,563 | )
Total consolidated intersegment revenue |  | $ | — |  | $ | — |  | $ | — |
Reconciliation of Segment total net (loss) income to total consolidated net (loss) income |
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from July 1 to July 9, 2014 |  | Three Months Ended September 30, 2013 |
Net (loss) income |  |  |  |  |  |  |
GS&T |  | $ | (18,823 | ) | $ | 976,569 |  | $ | (34,277 | )
Baltic Trading |  | (3,675 | ) | (84,223 | ) | (2,270 | )
Total operating segments |  | (22,498 | ) | 892,346 |  | (36,547 | )
Eliminating net loss (income) |  | 64 |  | (5 | ) | 429 |
Total consolidated net (loss) income |  | $ | (22,562 | ) | $ | 892,351 |  | $ | (36,976 | )
|  | Successor |  | Predecessor |
|  | Period from July 9 to September 30, 2014 |  | Period from January 1 to July 9, 2014 |  | Nine Months Ended September 30, 2013 |
Net (loss) income |  |  |  |  |  |  |
GS&T |  | $ | (18,823 | ) | $ | 878,127 |  | $ | (125,422 | )
Baltic Trading |  | (3,675 | ) | (93,430 | ) | (11,979 | )
Total operating segments |  | (22,498 | ) | 784,697 |  | (137,401 | )
Eliminating net loss |  | 64 |  | 140 |  | 465 |
Total consolidated net (loss) income |  | $ | (22,562 | ) | $ | 784,557 |  | $ | (137,866 | )
Reconciliation of Segment total assets to total consolidated assets |
|  | Successor |  | Predecessor |
|  | September 30, 2014 |  | December 31, 2013 |
Total assets |  |  |  |  |
GS&T |  | $ | 1,447,684 |  | $ | 2,404,811 |
Baltic Trading |  | 478,951 |  | 557,367 |
Total operating segments |  | 1,926,635 |  | 2,962,178 |
Eliminating assets |  | (36 | ) | (4,924 | )
Total consolidated assets |  | $ | 1,926,599 |  | $ | 2,957,254 |

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