Condensed Consolidated Balance Sheets (USD $) In Thousands, unless otherwise specified	Mar. 31, 2015	Dec. 31, 2014
Current assets:
Cash and cash equivalents	$ 68,783	$ 83,414
Restricted cash	9,750	9,750
Due from charterers, net of reserve of $1,371 and $1,588, respectively	12,366us-gaap_AccountsReceivableNetCurrent	14,739us-gaap_AccountsReceivableNetCurrent
Prepaid expenses and other current assets	25,920	22,423
Total current assets	116,819us-gaap_AssetsCurrent	130,326us-gaap_AssetsCurrent
Noncurrent assets:
Vessels, net of accumulated depreciation of $52,271 and $36,258, respectively	1,508,885gnk_VesselsNet	1,532,843gnk_VesselsNet
Deposits on vessels	19,237us-gaap_DepositsAssets	25,593us-gaap_DepositsAssets
Deferred drydock, net of accumulated amortization of $722 and $330, respectively	9,375gnk_DeferredDrydockCostsNet	6,234gnk_DeferredDrydockCostsNet
Deferred financing costs, net of accumulated amortization of $1,216 and $729, respectively	10,061	10,271
Fixed assets, net of accumulated depreciation and amortization of $170 and $119, respectively	783us-gaap_PropertyPlantAndEquipmentNet	701us-gaap_PropertyPlantAndEquipmentNet
Other noncurrent assets	514us-gaap_DepositsAssetsNoncurrent	514us-gaap_DepositsAssetsNoncurrent
Restricted cash	300	19,945
Investments	28,845	26,486
Total noncurrent assets	1,578,000us-gaap_AssetsNoncurrent	1,622,587us-gaap_AssetsNoncurrent
Total assets	1,694,819us-gaap_Assets	1,752,913us-gaap_Assets
Current liabilities:
Accounts payable and accrued expenses	29,817	28,217
Current portion of long-term debt	44,576us-gaap_LongTermDebtCurrent	34,324us-gaap_LongTermDebtCurrent
Deferred revenue	1,837	1,397
Total current liabilities:	76,230us-gaap_LiabilitiesCurrent	63,938us-gaap_LiabilitiesCurrent
Noncurrent liabilities:
Long-term lease obligations	593us-gaap_DeferredRentCreditNoncurrent	390us-gaap_DeferredRentCreditNoncurrent
Long-term debt	390,032us-gaap_LongTermDebtNoncurrent	395,811us-gaap_LongTermDebtNoncurrent
Total noncurrent liabilities	390,625us-gaap_LiabilitiesNoncurrent	396,201us-gaap_LiabilitiesNoncurrent
Total liabilities	466,855us-gaap_Liabilities	460,139us-gaap_Liabilities
Commitments and contingencies
Genco Shipping & Trading Limited shareholders' equity:
Successor Company common stock, par value $0.01; 250,000,000 shares authorized; issued and outstanding 61,541,389 shares at March 31, 2015 and December 31, 2014	615us-gaap_CommonStockValue	615us-gaap_CommonStockValue
Successor company additional paid-in capital	1,262,327	1,251,197
Accumulated other comprehensive (loss) income	(22,958)	(25,317)
Retained deficit	(220,736)	(182,294)
Total Genco Shipping & Trading Limited shareholders' equity	1,019,248us-gaap_StockholdersEquity	1,044,201us-gaap_StockholdersEquity
Noncontrolling interest	208,716us-gaap_MinorityInterest	248,573us-gaap_MinorityInterest
Total equity	1,227,964	1,292,774
Total liabilities and equity	$ 1,694,819	$ 1,752,913

Carrying amount, net of accumulated amortization, as of the balance sheet date of capitalized drydock costs performed pursuant to regulatory requirements that are expected to be recovered over the period between dry dockings, typically over periods from 2.5 to 5 years.

No definition available.