XML 31 R76.htm IDEA: XBRL DOCUMENT v2.4.1.9

STOCK-BASED COMPENSATION (Details 2) (General and Administrative Expense, USD $) In Thousands, unless otherwise specified	3 Months Ended
	Mar. 31, 2014	Mar. 31, 2015
2005 and 2012 GS&T Plans | Predecessor
STOCK-BASED COMPENSATION
Recognized nonvested stock amortization expense	$ 427us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember
Baltic Trading Plan | Baltic Trading Limited
STOCK-BASED COMPENSATION
Recognized nonvested stock amortization expense		816us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / dei_LegalEntityAxis = gnk_BalticTradingLimitedMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember
Baltic Trading Plan | Predecessor | Baltic Trading Limited
STOCK-BASED COMPENSATION
Recognized nonvested stock amortization expense	963us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / dei_LegalEntityAxis = gnk_BalticTradingLimitedMember / us-gaap_PlanNameAxis = gnk_BalticTradingPlanMember / us-gaap_StatementScenarioAxis = us-gaap_PredecessorMember
2014 MIP Plan
STOCK-BASED COMPENSATION
Recognized nonvested stock amortization expense		3,345us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember
2014 MIP Plan | MIP Warrants
STOCK-BASED COMPENSATION
Recognized nonvested stock amortization expense		$ 8,199us-gaap_AllocatedShareBasedCompensationExpense / us-gaap_ClassOfWarrantOrRightAxis = gnk_ManagementIncentivePlanWarrantsIssueMember / us-gaap_IncomeStatementLocationAxis = us-gaap_GeneralAndAdministrativeExpenseMember / us-gaap_PlanNameAxis = gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember

X

- Definition

Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (b)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5047-113901



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section S99

-Paragraph 1

-Subparagraph (SAB TOPIC 14.F)

-URI http://asc.fasb.org/extlink&oid=27013229&loc=d3e301413-122809



Reference 3: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 718

-SubTopic 10

-Section 50

-Paragraph 2

-Subparagraph (h)(1)(i)

-URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901



Reference 4: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Staff Accounting Bulletin (SAB)

-Number Topic 14

-Section F

+ Details

Name:	us-gaap_AllocatedShareBasedCompensationExpense
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Details

Name:	us-gaap_EmployeeServiceShareBasedCompensationAllocationOfRecognizedPeriodCostsLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Details

Name:	us-gaap_PlanNameAxis=gnk_BalticTradingPlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=gnk_GencoShippingAndTradingLimited2005And2012EquityIncentivePlansMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_PlanNameAxis=gnk_GencoShippingAndTradingLimited2014ManagementIncentivePlanMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: