XML 29 R86.htm IDEA: XBRL DOCUMENT
v2.4.1.9

LIABILITIES SUBJECT TO COMPROMISE (Details) (USD $) In Thousands, unless otherwise specified | Jul. 09, 2014 | Dec. 31, 2014 | Dec. 31, 2013 | Dec. 31, 2012 | Aug. 12, 2010 | Aug. 20, 2010
--- | --- | --- | --- | --- | --- | ---
Predecessor | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Interest payable | $ 13,199 gnk_LiabilitiesSubjectToCompromiseInterestPayable / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Terminated interest rate swap liability | 5,622 gnk_LiabilitiesSubjectToCompromiseTerminatedInterestRateSwapLiability / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Bond coupon interest payable | 1,105 gnk_LiabilitiesSubjectToCompromiseBondCouponInterestPayable / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Lease obligation | 815 gnk_LiabilitiesSubjectToCompromiseLeaseObligation / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Pre-petition accounts payable | 41 gnk_LiabilitiesSubjectToCompromisePrePetitionAccountsPayable / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Total | 1,443,446 us-gaap_LiabilitiesSubjectToCompromise / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Predecessor | Chapter 11 | 2010 Notes |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Debt | 117,473 gnk_LiabilitiesSubjectToCompromiseDebt / us-gaap_LongtermDebtTypeAxis = us-gaap_ConvertibleNotesPayableMember / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
2007 Credit Facility | Predecessor | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Debt | 1,055,912 gnk_LiabilitiesSubjectToCompromiseDebt / us-gaap_CreditFacilityAxis = gnk_CreditFacility2007Member / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
$100 Million Term Loan Facility |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember |  |  |  |
$100 Million Term Loan Facility | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember |  |  |  |
$100 Million Term Loan Facility | Predecessor |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |
$100 Million Term Loan Facility | Predecessor | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Debt | 73,561 gnk_LiabilitiesSubjectToCompromiseDebt / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
$253 Million Term Loan Facility |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember |  |  |  |
$253 Million Term Loan Facility | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember |  |  |  |
$253 Million Term Loan Facility | Predecessor |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Maximum borrowing capacity |  |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember
$253 Million Term Loan Facility | Predecessor | Chapter 11 |  |  |  |  |  |
Liabilities subject to compromise |  |  |  |  |  |
Debt | $ 175,718 gnk_LiabilitiesSubjectToCompromiseDebt / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / gnk_ReorganizationAxis = gnk_Chapter11OfUSBankruptcyCodeMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |

X
- Definition The amount of bond coupon interest payable included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseBondCouponInterestPayable
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of debt included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseDebt
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of interest payable included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseInterestPayable
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of lease obligation included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseLeaseObligation
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | gnk_LiabilitiesSubjectToCompromiseLineItems
Namespace Prefix: | gnk_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of pre-petition accounts payable included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromisePrePetitionAccountsPayable
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The amount of terminated interest rate swap liability included in liabilities subject to compromise. + References No definition available. + Details
Name: | gnk_LiabilitiesSubjectToCompromiseTerminatedInterestRateSwapLiability
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Total amount of liabilities subject to compromise. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=34712771&loc=d3e56145-112766 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=6916575&loc=d3e55717-112764 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=6918054&loc=d3e56015-112765 + Details
Name: | us-gaap_LiabilitiesSubjectToCompromise
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=gnk_CreditFacility2007Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=gnk_SecuredTermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=gnk_SeniorSecuredTermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_PredecessorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |