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GENERAL INFORMATION (Details 2) (USD $)
In Thousands, unless otherwise specified
0 Months Ended 0 Months Ended 0 Months Ended 6 Months Ended
Jul. 09, 2014
Jul. 09, 2014
Discharge of Debt
Jul. 09, 2014
Discharge of Debt
Jul. 09, 2014
Discharge of Debt
2010 Notes
Jul. 09, 2014
Discharge of Debt
2007 Credit Facility
Jul. 09, 2014
Discharge of Debt
Amended and Restated Term Loan Facility
Jul. 09, 2014
Discharge of Debt
$253 Million Term Loan Facility
Jul. 09, 2014
Discharge of Debt
$100 Million Term Loan Facility
Jul. 09, 2014
Reinstatement Of Liabilities
Jul. 09, 2014
Reinstatement Of Liabilities
DNB Bank ASA
Jul. 09, 2014
Reinstatement Of Liabilities
$253 Million Term Loan Facility
Jul. 09, 2014
Reinstatement Of Liabilities
$253 Million Term Loan Facility
Jul. 09, 2014
Reinstatement Of Liabilities
$100 Million Term Loan Facility
Jul. 09, 2014
Reinstatement Of Liabilities
$100 Million Term Loan Facility
Jul. 09, 2014
Revaluation Of Assets And Liabilities
Jul. 09, 2014
Predecessor
Jul. 09, 2014
Predecessor
Discharge of Debt
Jul. 09, 2014
Predecessor
Revaluation Of Assets And Liabilities
Fresh-Start Adjustment, Increase (Decrease), Current Assets Abstract                                    
Cash and cash equivalents $ 136,077   $ 87,526                         $ 48,551    
Restricted cash 9,975                             9,975    
Due from charterers, net 13,194                             13,194    
Prepaid expenses and other current assets 30,759                           (41) 30,800   179
Time charters acquired 450                           450      
Total current assets 190,455   87,526                       409 102,520    
Noncurrent assets:                                    
Vessels, net 1,538,849                           (1,065,882) 2,604,731    
Deposits on vessels 30,975                           2,317 28,658    
Deferred drydock, net 188                           (16,396) 16,584    
Deferred financing costs, net 7,060   (11,893)                         18,953    
Fixed assets, net 610                           (3,443) 4,053    
Other noncurrent assets 514                             514    
Restricted cash 300                             300    
Investments 51,804                             51,804    
Goodwill 166,067                           166,067      
Total non current assets 1,796,367   (11,893)                       (917,337) 2,725,597    
Total assets 1,986,822   75,633                       (916,928) 2,828,117    
Current liabilities not subject to compromise:                                    
Accounts payable and accrued expenses 65,725   (1,086)           6,478             60,333    
Current portion of long-term debt 32,242               27,992             4,250    
Deferred Revenue 997                             997    
Time charters acquired                             (16) 16   434
Total current liabilities not subject to compromise 98,964   (1,086)           34,470           (16) 65,596    
Fresh-Start Adjustment, Increase (Decrease), Non Current Liabilities [Abstract]                                    
Long-term lease obligations                             (2,670) 2,670    
Long-term debt 375,789               214,289     150,343   63,946   161,500    
Total noncurrent liabilities not subject to compromises 375,789               214,289           (2,670) 164,170    
Total liabilities subject to compromise     (1,194,687)           (248,759)             1,443,446    
Total liabilities 474,753   (1,195,773)                       (2,686) 1,673,212    
Fresh-Start Adjustment, Increase (Decrease), Stockholders' Equity [Abstract]                                    
Common stock 603   603                         445 (445)  
Additional paid-in capital 1,232,397   1,232,397                         849,130 (849,130)  
Accumulated other comprehensive income     4,574                       (34,931) 30,357    
Retained (deficit) earnings     936,774                       (879,311) (57,463)    
Total Genco Shipping & Trading Limited shareholders' equity 1,233,000   1,324,773                       (914,242) 822,469    
Noncontrolling interest 279,069   (53,367)                         332,436    
Total equity 1,512,069   1,271,406                       (914,242) 1,154,905    
Total liabilities and equity 1,986,822   75,633                       (916,928) 2,828,117    
Debt outstanding classified as liabilities subject to compromise       117,473 1,055,912                          
Interest payable classified as liabilities subject to compromise         1,772   156 59                    
Long-term Interest payable         13,199                          
Line of Credit Facility Unpaid Amount             5,075 1,923                    
Bond coupon interest payable       1,105                            
Proceeds from rights offering   100,000                           100,000    
Write off of unamortized deferred financing fees for debt   15,383                                
Payment of deferred financing fees           3,490                        
Termination of interest rate swap                   5,622                
Long-term debt, current                     20,300   7,692          
Lease obligations                 815                  
pre-petition accounts payable                 41                  
Vessels, net adjustment                             1,083,404      
Prepaid and other current assets fair value adjustment                             $ 138