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STOCK-BASED COMPENSATION (Details) $ / shares in Units, $ in Thousands |  |  |  |  |  |  | 6 Months Ended | 12 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Dec. 18, 2014 shares | Aug. 07, 2014 USD ($) $ / shares shares | Aug. 06, 2014 shares | Dec. 19, 2013 shares | Dec. 13, 2012 shares | Mar. 15, 2010 item | Dec. 31, 2014 USD ($) $ / shares shares | Jul. 09, 2014 USD ($) $ / shares shares | Dec. 31, 2014 USD ($) item $ / shares shares | Dec. 31, 2013 USD ($) $ / shares shares | Dec. 31, 2012 USD ($) $ / shares shares | Mar. 13, 2014 shares | May. 17, 2012 shares | Mar. 03, 2010 shares | Jul. 05, 2005 shares
Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Forfeited/Cancelled (in shares) |  |  |  |  |  |  |  |  |  | (21,500) | (1,500) |  |  |  |
MIP Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total fair value of outstanding awards upon emergence from bankruptcy | $ |  | $ 54,436 |  |  |  |  |  |  |  |  |  |  |  |  |
Genco Shipping and Trading Limited 2005 Equity Incentive Plan | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 2,000,000
2005 and 2012 GS&T Plans | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of anniversaries in which award vests |  |  |  |  |  |  |  | 4 years |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  |  |  |  | 880,465 | 880,465 | 1,108,762 | 936,787 |  |  |  |
Granted (in shares) |  |  |  |  |  |  |  |  |  | 200,634 | 464,175 |  |  |  |
Vested (in shares) |  |  |  |  |  |  |  | (880,465) |  | (407,431) | (290,700) |  |  |  |
Forfeited/Cancelled (in shares) |  |  |  |  |  |  |  |  |  | (21,500) | (1,500) |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  |  |  |  |  | 880,465 | 1,108,762 |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  |  |  | $ 7.77 | $ 7.77 | $ 9.47 | $ 14.06 |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | 1.57 | 2.71 |  |  |  |
Vested (in dollars per share) | $ / shares |  |  |  |  |  |  |  | $ 7.77 |  | 9.46 | 13.49 |  |  |  |
Forfeited/Cancelled (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | 5.53 | 6.39 |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | $ 7.77 | $ 9.47 |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  |  |  | $ 691 |  | $ 943 | $ 733 |  |  |  |
Genco Shipping and Trading Limited 2012 Equity Incentive Plan | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  |  |  |  |  |  |  | 3,000,000 |  |
Baltic Trading Plan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  |  |  |  |  |  |  |  | 1,086,345 |  |  |  |  |  |
Vested (in shares) |  |  |  |  |  |  |  |  | (525,930) |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  |  | 1,941,844 |  | 1,941,844 |  |  |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  | $ 2.61 |  |  |  |  |  |
Vested (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  | 7.21 |  |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 3.80 |  | $ 3.80 |  |  |  |  |  |
Baltic Trading Plan | Baltic Trading Limited |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of anniversaries in which award vests in connection with IPO | item |  |  |  |  |  | 4 |  |  |  |  |  |  |  |  |
Number of anniversaries in which award vests not in connection with IPO | item |  |  |  |  |  |  |  |  | 4 |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  |  | $ 1,168 |  |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  |  | $ 5,273 |  | $ 5,273 |  |  |  |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  |  |  |  |  | 3 years 3 months 11 days |  |  |  |  |  |
Baltic Trading Plan | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in shares) |  |  |  |  |  |  |  | 1,381,429 | 1,381,429 | 664,249 | 545,750 |  |  |  |
Granted (in shares) |  |  |  |  |  |  |  |  |  | 998,680 | 299,999 |  |  |  |
Vested (in shares) |  |  |  |  |  |  |  |  |  | (281,500) | (181,500) |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  |  |  |  |  | 1,381,429 | 664,249 |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Balance at the beginning of the period (in dollars per share) | $ / shares |  |  |  |  |  |  |  | $ 6.03 | $ 6.03 | $ 7.70 | $ 11.60 |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | 5.60 | 3.04 |  |  |  |
Vested (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | 8.48 | 11.71 |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  |  |  |  | $ 6.03 | $ 7.70 |  |  |  |
Baltic Trading Plan | Predecessor | Baltic Trading Limited |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  |  |  |  |  |  |  |  |  |  | 6,000,000 |  | 2,000,000 |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  |  |  | $ 1,143 |  | $ 1,194 | $ 663 |  |  |  |
2014 MIP Plan |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  |  | 250,000,000 |  |  |  | 9,668,061 |  | 9,668,061 |  |  |  |  |  |
Percentage of common stock outstanding ( In percent) |  |  |  |  |  |  | 1.80% |  |  |  |  |  |  |  |
Volatility rate ( as a percent) |  | 43.91% |  |  |  |  |  |  |  |  |  |  |  |  |
Volatility rate term |  | 6 years |  |  |  |  |  |  |  |  |  |  |  |  |
Risk-free interest rate ( as a percent) |  | 1.85% |  |  |  |  |  |  |  |  |  |  |  |  |
Dividend rate ( as a percent) |  | 0.00% |  |  |  |  |  |  |  |  |  |  |  |  |
Percentage of warrant vest for anniversaries of the grant date |  | 33.33% |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of anniversaries in which award vests |  |  | 3 years |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  | 1,110,600 |  |  |  |  | 1,110,600 |  |  |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  |  | 1,110,600 |  | 1,110,600 |  |  |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 20.00 |  |  |  |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 20.00 |  | $ 20.00 |  |  |  |  |  |
Additional disclosures |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Total fair value of shares vested | $ |  |  |  |  |  |  | $ 0 |  |  |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  |  | 16,748 |  | $ 16,748 |  |  |  |  |  |
Weighted-average period for recognition of unrecognized compensation cost |  |  |  |  |  |  |  |  | 2 years 7 months 6 days |  |  |  |  |  |
2014 MIP Plan | MIP Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
2015 | $ |  |  |  |  |  |  | 25,941 |  | $ 25,941 |  |  |  |  |  |
2016 | $ |  |  |  |  |  |  | 11,496 |  | 11,496 |  |  |  |  |  |
2017 | $ |  |  |  |  |  |  | $ 3,609 |  | $ 3,609 |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  |  |  |  |  |  | 8,557,461 |  |  |  |  |  |  |  |
Balance at the end of the period (in shares) |  |  |  |  |  |  | 8,557,461 |  | 8,557,461 |  |  |  |  |  |
Weighted Average Exercise price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 30.31 |  |  |  |  |  |  |  |
Outstanding at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  | 30.31 |  | $ 30.31 |  |  |  |  |  |
Weighted-average remaining contractual life |  |  |  |  |  |  |  |  | 5 years 7 months 6 days |  |  |  |  |  |
Weighted Average Grant Date Price |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in dollars per share) | $ / shares |  |  |  |  |  |  | 6.36 |  |  |  |  |  |  |  |
Balance at the end of the period (in dollars per share) | $ / shares |  |  |  |  |  |  | $ 6.36 |  | $ 6.36 |  |  |  |  |  |
Unrecognized compensation cost related to nonvested stock awards [Abstract] |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Unrecognized compensation cost | $ |  |  |  |  |  |  | $ 41,046 |  | $ 41,046 |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $25.91 Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 2,380,664 |  |  |  |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 25.91 |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 7.22 |  |  |  |  |  |  |  |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $28.73 Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 2,467,009 |  |  |  |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 28.73 |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 6.63 |  |  |  |  |  |  |  |  |  |  |  |  |
2014 MIP Plan | MIP Warrants | $34.19 Warrants |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Nonvested Stock Awards |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate number of shares of common stock available for awards |  | 3,709,788 |  |  |  |  |  |  |  |  |  |  |  |  |
Strike price (in dollars per share) | $ / shares |  | $ 34.19 |  |  |  |  |  |  |  |  |  |  |  |  |
Fair value of warrant (in dollars per share) | $ / shares |  | $ 5.63 |  |  |  |  |  |  |  |  |  |  |  |  |
Peter C. Georgiopoulos, Chairman of Board | Baltic Trading Limited |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) | 700,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Peter C. Georgiopoulos, Chairman of Board | Predecessor | Baltic Trading Limited |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  |  |  | 539,000 | 166,666 |  |  |  |  |  |  |  |  |  |
Peter C. Georgiopoulos, Chairman of Board | 2005 and 2012 GS&T Plans | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Amortization |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of anniversaries in which award vests, which are not granted as part of grants to all directors |  |  |  |  |  |  |  | 10 years |  |  |  |  |  |  |
Number of Shares |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Granted (in shares) |  |  |  |  | 100,000 |  |  |  |  |  |  |  |  |  |

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- Definition Exercise or strike price stated in the contract for options indexed to the issuer's equity shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 480 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(1) -URI http://asc.fasb.org/extlink&oid=6940734&loc=d3e22047-110879 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 40 -Section 50 -Paragraph 5 -Subparagraph (a)(2) -URI http://asc.fasb.org/extlink&oid=6445032&loc=d3e90205-114008 + Details
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- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that were forfeited during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(1)(iv)(3) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Weighted average fair value as of the grant date of equity-based award plans other than stock (unit) option plans that were not exercised or put into effect as a result of the occurrence of a terminating event. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(3) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of non-vested equity-based payment instruments, excluding stock (or unit) options, that validly exist and are outstanding as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The weighted average fair value of nonvested awards on equity-based plans excluding option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, revenue or profit achievement stock award plan) for which the employer is contingently obligated to issue equity instruments or transfer assets to an employee who has not yet satisfied service or performance criteria necessary to gain title to proceeds from the sale of the award or underlying shares or units. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(i)-(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Weighted average remaining contractual term for equity-based awards excluding options, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (e)(1) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The number of equity-based payment instruments, excluding stock (or unit) options, that vested during the reporting period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition Fair value of share-based awards for which the grantee gained the right by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (d)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The weighted average fair value as of grant date pertaining to an equity-based award plan other than a stock (or unit) option plan for which the grantee gained the right during the reporting period, by satisfying service and performance requirements, to receive or retain shares or units, other instruments, or cash in accordance with the terms of the arrangement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2)(iii)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(ii) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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- Definition The risk-free interest rate assumption that is used in valuing an option on its own shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (f)(2)(iv) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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