XML 77 R93.htm IDEA: XBRL DOCUMENT
v2.4.1.9

STOCK-BASED COMPENSATION (Details 2) (USD $) In Thousands, unless otherwise specified | 6 Months Ended | 12 Months Ended | 6 Months Ended | 5 Months Ended
--- | --- | --- | --- | ---
Jul. 09, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Dec. 31, 2014 | Dec. 31, 2014
2005 and 2012 GS&T Plans | Predecessor | General and Administrative Expense |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |
Recognized nonvested stock amortization expense | $ 2,403 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | $ 2,924 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | $ 4,087 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |
Baltic Trading Plan | General and Administrative Expense |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |
Recognized nonvested stock amortization expense |  |  |  | 1,551 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember |
Baltic Trading Plan | Predecessor | General and Administrative Expense |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |
Recognized nonvested stock amortization expense | 1,949 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 1,558 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 1,777 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |
2014 MIP Plan | General and Administrative Expense |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |
Recognized nonvested stock amortization expense |  |  |  | 5,464 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember |
2014 MIP Plan | MIP Warrants |  |  |  |  |
STOCK-BASED COMPENSATION |  |  |  |  |
Recognized nonvested stock amortization expense |  |  |  |  | $ 13,390 us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_ClassOfWarrantOrRightAxis = gnk_ManagementIncentivePlanWarrantsIssueMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember

X
- Definition Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SAB TOPIC 14.F) -URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (h)(1)(i) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Staff Accounting Bulletin (SAB) -Number Topic 14 -Section F + Details
Name: | us-gaap_AllocatedShareBasedCompensationExpense
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

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

X
- Details
Name: | us-gaap_PlanNameAxis=gnk_BalticTradingPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_PlanNameAxis=gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |