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SEGMENT INFORMATION (Tables) | 12 Months Ended
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Dec. 31, 2014
SEGMENT INFORMATION |
Reconciliation of Segment total voyage revenue to total consolidated voyage revenue from external customers |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 |  | 2013 |  | 2012 |
Voyage revenue from external customers |  |  |  |  |  |  |  |  |
GS&T |  | $ |  | 77,885 |  | $ |  | 94,171 |  | $ | 188,206 |  | $ | 195,855 |
Baltic Trading |  | 20,932 |  | 24,588 |  | 35,973 |  | 27,304 |
Total operating segments |  | 98,817 |  | 118,759 |  | 224,179 |  | 223,159 |
Eliminating revenue |  | — |  | — |  | — |  | — |
Total consolidated voyage revenue from external customers |  | $ |  | 98,817 |  | $ |  | 118,759 |  | $ | 224,179 |  | $ | 223,159 |
Reconciliation of total intersegment revenue |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 |  | 2013 |  | 2012 |
Intersegment Revenue |  |  |  |  |  |  |  |  |
GS&T |  | $ | 2,309 |  | $ | 2,156 |  | $ | 4,571 |  | $ | 2,816 |
Baltic Trading |  | — |  | — |  | — |  | — |
Total operating segments |  | 2,309 |  | 2,156 |  | 4,571 |  | 2,816 |
Eliminating revenue |  | (2,309 | ) | (2,156 | ) | (4,571 | ) | (2,816 | )
Total consolidated intersegment revenue |  | $ | — |  | $ | — |  | $ | — |  | $ | — |
Reconciliation of segment total depreciation and amortization expense to total consolidated depreciation and amortization expense |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 |  | 2013 |  | 2012 |
Depreciation and amortization |  |  |  |  |  |  |  |  |
GS&T |  | $ | 28,922 |  | $ | 65,237 |  | $ | 125,344 |  | $ | 124,405 |
Baltic Trading |  | 7,794 |  | 10,829 |  | 15,564 |  | 14,814 |
Total operating segments |  | 36,716 |  | 76,066 |  | 140,908 |  | 139,219 |
Eliminating depreciation and amortization |  | (2 | ) | (114 | ) | (165 | ) | (156 | )
Total consolidated depreciation and amortization |  | $ | 36,714 |  | $ | 75,952 |  | $ | 140,743 |  | $ | 139,063 |
Reconciliation of total interest expense for the Company's operating segments to total consolidated interest expense |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 |  | 2013 |  | 2012 |
Interest expense |  |  |  |  |  |  |  |  |
GS&T |  | $ | 4,791 |  | $ | 37,998 |  | $ | 83,761 |  | $ | 83,306 |
Baltic Trading |  | 2,829 |  | 3,063 |  | 4,455 |  | 4,252 |
Total operating segments |  | 7,620 |  | 41,061 |  | 88,216 |  | 87,558 |
Eliminating interest expense |  | — |  | — |  | — |  | — |
Total consolidated interest expense |  | $ | 7,620 |  | $ | 41,061 |  | $ | 88,216 |  | $ | 87,558 |
Reconciliation of Segment total net loss to total consolidated net loss |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 (restated) |  | 2013 |  | 2012 |
Net loss |  |  |  |  |  |  |  |  |
GS&T |  | $ | (177,921 | ) | $ | (919,680 | ) | $ | (144,054 | ) | $ | (139,295 | )
Baltic Trading |  | (35,032 | ) | (93,430 | ) | (11,392 | ) | (17,270 | )
Total operating segments |  | (212,953 | ) | (1,013,110 | ) | (155,446 | ) | (156,565 | )
Eliminating net loss |  | 405 |  | 140 |  | 1,575 |  | 1,211 |
Total consolidated net loss |  | $ | (213,358 | ) | $ | (1,013,250 | ) | $ | (157,021 | ) | $ | (157,776 | )
Reconciliation of Segment total assets to total consolidated assets |
|  | Successor |  | Predecessor |
|  | December 31, 2014 |  | December 31, 2013 |
Total assets |  |  |  |  |
GS&T |  | $ | 1,270,923 |  | $ | 2,404,811 |
Baltic Trading |  | 482,415 |  | 557,367 |
Total operating segments |  | 1,753,338 |  | 2,962,178 |
Eliminating assets |  | (425 | ) | (4,924 | )
Total consolidated assets |  | $ | 1,752,913 |  | $ | 2,957,254 |
Reconciliation of segment total expenditures for vessel purchases to total consolidated expenditures |
|  | Successor |  | Predecessor |
|  | Period from July 9 to December 31, |  | Period from January 1 to July 9, |  | For the Years Ended December 31, |
|  | 2014 |  | 2014 |  | 2013 |  | 2012 |
Expenditures for vessels |  |  |  |  |  |  |  |  |
GS&T |  | $ | 831 |  | $ | 1,043 |  | $ | 192 |  | $ | 1,155 |
Baltic Trading |  | 23,922 |  | 28,952 |  | 146,598 |  | — |
Total operating segments |  | 24,753 |  | 29,995 |  | 146,790 |  | 1,155 |
Eliminating expenditures for vessels |  | (280 | ) | — |  | (1,440 | ) | — |
Total consolidated expenditures for vessels |  | $ | 24,473 |  | $ | 29,995 |  | $ | 145,350 |  | $ | 1,155 |

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