Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 83,414
Restricted cash	9,750
Due from charterers, net	14,739us-gaap_AccountsReceivableNetCurrent
Prepaid expenses and other current assets	22,423
Total current assets	130,326us-gaap_AssetsCurrent
Noncurrent assets:
Vessels, net of accumulated depreciation of $36,258 and $730,662, respectively	1,532,843gnk_VesselsNet
Deposits on vessels	25,593us-gaap_DepositsAssets
Deferred drydock, net of accumulated amortization of $330 and $11,107, respectively	6,234gnk_DeferredDrydockCostsNet
Deferred financing costs, net of accumulated amortization of $729 and $22,279, respectively	10,271
Fixed assets, net of accumulated depreciation and amortization of $119 and $3,438, respectively	701us-gaap_PropertyPlantAndEquipmentNet
Other noncurrent assets	514us-gaap_DepositsAssetsNoncurrent
Restricted cash	19,945
Investments	26,486
Total noncurrent assets	1,622,587us-gaap_AssetsNoncurrent
Total assets	1,752,913us-gaap_Assets
Current liabilities:
Accounts payable and accrued expenses	28,217
Current portion of long-term debt	34,324us-gaap_LinesOfCreditCurrent
Deferred revenue	1,397
Total current liabilities:	63,938us-gaap_LiabilitiesCurrent
Noncurrent liabilities:
Long-term lease obligations	390us-gaap_DeferredRentCreditNoncurrent
Time charters acquired	0
Long-term debt	395,811us-gaap_LongTermDebtNoncurrent
Total noncurrent liabilities	396,201us-gaap_LiabilitiesNoncurrent
Total liabilities	460,139us-gaap_Liabilities
Commitments and contingencies
Genco Shipping & Trading Limited shareholders' equity:
Common stock	615us-gaap_CommonStockValue
Additional paid-in capital	1,251,197
Accumulated other comprehensive (loss) income	(25,317)
Retained (deficit) earnings	(182,294)
Total Genco Shipping & Trading Limited shareholders' equity	1,044,201us-gaap_StockholdersEquity
Noncontrolling interest	248,573us-gaap_MinorityInterest
Total equity	1,292,774
Total liabilities and equity	1,752,913
Predecessor
Current assets:
Cash and cash equivalents		122,722
Restricted cash		9,850
Due from charterers, net		14,241
Prepaid expenses and other current assets		19,065
Total current assets		165,878
Noncurrent assets:
Vessels, net of accumulated depreciation of $36,258 and $730,662, respectively		2,673,795
Deposits on vessels		1,013
Deferred drydock, net of accumulated amortization of $330 and $11,107, respectively		11,069
Deferred financing costs, net of accumulated amortization of $729 and $22,279, respectively		22,011
Fixed assets, net of accumulated depreciation and amortization of $119 and $3,438, respectively		5,104
Other noncurrent assets		514
Restricted cash		300
Investments		77,570
Total noncurrent assets		2,791,376
Total assets		2,957,254
Current liabilities:
Accounts payable and accrued expenses		27,359
Current portion of long-term debt		1,316,439
Current interest payable		13,199
Convertible senior note payable		115,881
Deferred revenue		1,597
Current portion of lease obligations		176
Fair value of derivative instruments		6,975
Total current liabilities:		1,481,626
Noncurrent liabilities:
Long-term lease obligations		3,114
Time charters acquired		84
Long-term debt		163,625
Total noncurrent liabilities		166,823
Total liabilities		1,648,449
Commitments and contingencies
Genco Shipping & Trading Limited shareholders' equity:
Common stock		445
Additional paid-in capital		846,658
Accumulated other comprehensive (loss) income		53,722
Retained (deficit) earnings		66,644
Total Genco Shipping & Trading Limited shareholders' equity		967,469
Noncontrolling interest		341,336
Total equity		1,308,805
Total liabilities and equity		$ 2,957,254

Carrying amount, net of accumulated amortization, as of the balance sheet date of capitalized drydock costs performed pursuant to regulatory requirements that are expected to be recovered over the period between dry dockings, typically over periods from 2.5 to 5 years.

No definition available.