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RESTATEMENT OF CONSOLIDATING FINANCIAL STATEMENTS (USD $) In Thousands, except Per Share data, unless otherwise specified	3 Months Ended		6 Months Ended
	Dec. 31, 2014	Sep. 30, 2014	Dec. 31, 2014	Jul. 10, 2010
Net (loss) income attributable to Genco Shipping & Trading Limited	$ (164,003)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic	$ (18,290)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic	$ (182,294)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic
Net (loss) income attributable to noncontrolling interest	(26,792)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest	(4,272)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest	(31,064)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net (loss) income	(190,795)us-gaap_ProfitLoss	(22,562)us-gaap_ProfitLoss	(213,358)us-gaap_ProfitLoss
Net loss per share - basic and diluted			$ 3.02us-gaap_EarningsPerShareBasicAndDiluted
Genco Shipping & Trading Limited shareholders' equity	1,044,201us-gaap_StockholdersEquity		1,044,201us-gaap_StockholdersEquity
Noncontrolling interest	248,573us-gaap_MinorityInterest		248,573us-gaap_MinorityInterest
Total equity	1,292,774us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest		1,292,774us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	1,512,069us-gaap_StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
Previously Reported
Net (loss) income attributable to Genco Shipping & Trading Limited			(204,117)us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember
Net (loss) income attributable to noncontrolling interest			(9,241)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember
Net loss per share - basic and diluted			$ 3.38us-gaap_EarningsPerShareBasicAndDiluted / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember
Genco Shipping & Trading Limited shareholders' equity	1,022,378us-gaap_StockholdersEquity / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember		1,022,378us-gaap_StockholdersEquity / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember
Noncontrolling interest	270,396us-gaap_MinorityInterest / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember		270,396us-gaap_MinorityInterest / us-gaap_StatementScenarioAxis = us-gaap_ScenarioPreviouslyReportedMember
Restatement Adjustment
Net (loss) income attributable to Genco Shipping & Trading Limited			21,823us-gaap_NetIncomeLossAvailableToCommonStockholdersBasic / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember
Net (loss) income attributable to noncontrolling interest			(21,823)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember
Genco Shipping & Trading Limited shareholders' equity	21,823us-gaap_StockholdersEquity / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember		21,823us-gaap_StockholdersEquity / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember
Noncontrolling interest	$ (21,823)us-gaap_MinorityInterest / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember		$ (21,823)us-gaap_MinorityInterest / us-gaap_StatementScenarioAxis = us-gaap_RestatementAdjustmentMember

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The amount of net income or loss for the period per each share in instances when basic and diluted earnings per share are the same amount and reported as a single line item on the face of the financial statements. Basic earnings per share is the amount of net income or loss for the period per each share of common stock or unit outstanding during the reporting period. Diluted earnings per share includes the amount of net income or loss for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period.

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Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period).

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