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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended 0 Months Ended 3 Months Ended 6 Months Ended 9 Months Ended
Sep. 30, 2014
Jul. 09, 2014
Predecessor
Sep. 30, 2013
Predecessor
Jul. 09, 2014
Predecessor
Sep. 30, 2013
Predecessor
Revenues:          
Voyage revenues $ 43,943 $ 4,034 $ 58,605 $ 118,759 $ 143,222
Service revenues 756 72 828 1,701 2,457
Total revenues 44,699 4,106 59,433 120,460 145,679
Operating expenses:          
Voyage expenses 2,335 200 2,212 4,140 6,352
Vessel operating expenses 27,248 2,902 27,515 64,670 81,400
General, administrative, and management fees 15,492 6,147 7,871 31,371 24,543
Depreciation and amortization 17,356 3,213 35,222 75,952 104,322
Other operating income (296)        
Total operating expenses 62,135 12,462 72,820 176,133 216,617
Operating loss (17,436) (8,356) (13,387) (55,673) (70,938)
Other (expense) income:          
Other income (expense) 7 1 (45) (106) (58)
Interest income 19   14 45 49
Interest expense (3,592) (1,529) (23,079) (41,061) (65,922)
Other expense (3,566) (1,528) (23,110) (41,122) (65,931)
Loss before reorganization items, net (21,002) (9,884) (36,497) (96,795) (136,869)
Reorganization items, net (1,167) 902,273   882,167  
(Loss) income before income taxes (22,169) 892,389 (36,497) 785,372 (136,869)
Income tax expense (393) (38) (479) (815) (997)
Net (loss) income (22,562) 892,351 (36,976) 784,557 (137,866)
Less: Net loss attributable to noncontrolling interest (4,272) (568) (1,942) (8,734) (9,300)
Net (loss) income attributable to Genco Shipping & Trading Limited $ (18,290) $ 892,919 $ (35,034) $ 793,291 $ (128,566)
Net (loss) earnings per share-basic (in dollars per share) $ (0.30) $ 20.49 $ (0.81) $ 18.21 $ (2.98)
Net (loss) earnings per share-diluted (in dollars per share) $ (0.30) $ 20.49 $ (0.81) $ 18.21 $ (2.98)
Weighted average common shares outstanding-basic (in shares) 60,299,766 43,568,942 43,231,510 43,568,942 43,196,895
Weighted average common shares outstanding-diluted (in shares) 60,299,766 43,568,942 43,231,510 43,568,942 43,196,895