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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Genco Shipping & Trading Limited Shareholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive (Loss) Income
Retained (Deficit) Earnings
Noncontrolling Interest
Total
Balance (Predecessor) at Dec. 31, 2011 $ 1,151,606 $ 363 $ 809,443 $ (17,549) $ 359,349 $ 210,012 $ 1,361,618
Increase (Decrease) in Shareholders' Equity              
Net loss | Predecessor (144,928)       (144,928) (12,848) (157,776)
Unrealized (loss) gain on investments | Predecessor (3,480)     (3,480)     (3,480)
Unrealized gain on cash flow hedges, net | Predecessor 9,188     9,188     9,188
Issuance of common stock (131,017 and 7,500,000 during the years ended December 31, 2014 and 2012) | Predecessor 49,874 75 49,799       49,874
Issuance of shares of nonvested stock, less forfeitures | Predecessor   5 (5)        
Nonvested stock amortization | Predecessor 4,087   4,087     1,777 5,864
Cash dividends paid by Baltic Trading Limited | Predecessor (30)       (30) (4,051) (4,081)
Vesting of restricted shares issued by Baltic Trading Limited | Predecessor (21)   (21)     21  
Balance (Predecessor) at Dec. 31, 2012 1,066,296 443 863,303 (11,841) 214,391 194,911 1,261,207
Increase (Decrease) in Shareholders' Equity              
Net loss | Predecessor (147,741)       (147,741) (9,280) (157,021)
Unrealized (loss) gain on investments | Predecessor 56,482     56,482     56,482
Unrealized gain on cash flow hedges, net | Predecessor 9,081     9,081     9,081
Issuance of shares of nonvested stock, less forfeitures | Predecessor   2 (2)        
Nonvested stock amortization | Predecessor 2,924   2,924     1,558 4,482
Issuance of common stock of Baltic Trading Limited | Predecessor (19,532)   (19,532)     155,695 136,163
Cash dividends paid by Baltic Trading Limited | Predecessor (6)       (6) (1,583) (1,589)
Vesting of restricted shares issued by Baltic Trading Limited | Predecessor (35)   (35)     35  
Balance (Predecessor) at Dec. 31, 2013 967,469 445 846,658 53,722 66,644 341,336 1,308,805
Increase (Decrease) in Shareholders' Equity              
Net loss | Predecessor (951,149)       (951,149) (62,101) (1,013,250)
Unrealized (loss) gain on investments | Predecessor (25,766)     (25,766)     (25,766)
Unrealized gain on cash flow hedges, net | Predecessor 2,401     2,401     2,401
Nonvested stock amortization | Predecessor 2,403   2,403     1,949 4,352
Cancellation of Predecessor common stock and accumulated deficit 34,930 (445) (849,130)   884,505   34,930
Elimination of Predecessor accumulated other comprehensive income (30,357)     (30,357)     (30,357)
Issuance of new equity interests in connection with emergence from Chapter 11, including $100 rights offering - 60,299,757 shares 1,233,000 603 1,232,397       1,233,000
Cash dividends paid by Baltic Trading Limited | Predecessor (5)   (5)     (2,041) (2,046)
Vesting of restricted shares issued by Baltic Trading Limited | Predecessor 74   74     (74)  
Balance at Jul. 09, 2014 1,233,000 603 1,232,397     279,069 1,512,069
Increase (Decrease) in Shareholders' Equity              
Subtotal - July 9, 2014 (Predecessor) | Predecessor (4,573) 445 849,130 30,357 (884,505) 279,069 274,496
Net loss (182,294)       (182,294) (31,064) (213,358)
Unrealized (loss) gain on investments (25,317)     (25,317)     (25,317)
Issuance of common stock (131,017 and 7,500,000 during the years ended December 31, 2014 and 2012)   1 (1)        
Issuance of shares of nonvested stock, less forfeitures   11 (11)        
Nonvested stock amortization 18,854   18,854     1,551 20,405
Cash dividends paid by Baltic Trading Limited (3)   (3)     (1,022) (1,025)
Vesting of restricted shares issued by Baltic Trading Limited (39)   (39)     39  
Balance at Dec. 31, 2014 $ 1,044,201 $ 615 $ 1,251,197 $ (25,317) $ (182,294) $ 248,573 $ 1,292,774