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DEFERRED FINANCING COSTS (Details) (USD $) In Thousands, unless otherwise specified | 3 Months Ended |  |  |  |  |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2015 | Mar. 31, 2014 | Dec. 31, 2014 | Aug. 12, 2010 | Aug. 20, 2010 | Aug. 29, 2013 | Nov. 30, 2010 | Apr. 16, 2010 | Aug. 30, 2013 | Dec. 03, 2013
Other assets, net |  |  |  |  |  |  |  |  |  |
Total deferred financing costs | $ 11,277 us-gaap_DeferredFinanceCostsNoncurrentGross |  | $ 11,000 us-gaap_DeferredFinanceCostsNoncurrentGross |  |  |  |  |  |  |
Less: accumulated amortization | 1,216 us-gaap_AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts |  | 729 us-gaap_AccumulatedAmortizationOfNoncurrentDeferredFinanceCosts |  |  |  |  |  |  |
Total | 10,061 us-gaap_DeferredFinanceCostsNoncurrentNet |  | 10,271 us-gaap_DeferredFinanceCostsNoncurrentNet |  |  |  |  |  |  |
Amortization of deferred financing costs | 487 us-gaap_AmortizationOfFinancingCosts |  |  |  |  |  |  |  |  |
$100 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember |  |  |  |  |  |  |
Total deferred financing costs | 1,492 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember |  | 1,492 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember |  |  |  |  |  |  |
$253 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember |  |  |  |  |  |  |
Total deferred financing costs | 3,135 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember |  | 3,135 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember |  |  |  |  |  |  |
2015 Revolving Credit Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Total deferred financing costs | 26 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_RevolvingCreditFacility2015Member |  |  |  |  |  |  |  |  |
Baltic Trading $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | 148,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_TermLoanFacilityFourMember |  | 148,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_TermLoanFacilityFourMember |  |  |  |  |  |  |
Total deferred financing costs | 3,456 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_TermLoanFacilityFourMember |  | 3,233 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_TermLoanFacilityFourMember |  |  |  |  |  |  |
Baltic Trading $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | 22,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember |  | 22,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember |  |  |  |  |  |  |
Total deferred financing costs | 544 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember |  | 529 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember |  |  |  |  |  |  |
Baltic Trading $44 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity | 44,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember |  | 44,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember |  |  |  |  |  |  |
Total deferred financing costs | 758 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember |  | 758 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember |  |  |  |  |  |  |
2014 Baltic Trading Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Total deferred financing costs | 1,866 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacility2014Member |  | 1,853 us-gaap_DeferredFinanceCostsNoncurrentGross / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacility2014Member |  |  |  |  |  |  |
Predecessor |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Amortization of deferred financing costs |  | 2,220 us-gaap_AmortizationOfFinancingCosts / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |  |  |  |
Predecessor | 2010 Notes |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Amortization of deferred financing costs |  | 177 us-gaap_AmortizationOfFinancingCosts / us-gaap_LongtermDebtTypeAxis = us-gaap_ConvertibleNotesPayableMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |  |  |  |
Predecessor | $100 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |  |
Predecessor | $253 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  | 253,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_SeniorSecuredTermLoanFacilityMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |
Predecessor | 2010 Baltic Trading Credit Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  | 110,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingCreditFacility2010Member / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 150,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingCreditFacility2010Member / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember | 100,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingCreditFacility2010Member / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |
Predecessor | Baltic Trading $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | 22,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |  |  | 22,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityOneMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |
Predecessor | Baltic Trading $44 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |
Other assets, net |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 44,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember |  |  |  |  |  |  |  | $ 44,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = gnk_BalticTradingTermLoanFacilityTwoMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember

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