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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, 2013 | $ 967,469 | $ 445 | $ 846,658 | $ 53,722 | $ 66,644 | $ 341,336 | $ 1,308,805
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss | Predecessor | (99,630) |  |  |  | (99,630) | (8,166) | (107,796)
Change in unrealized gain (loss) on investments | Predecessor | (27,952) |  |  | (27,952) |  |  | (27,952)
Unrealized gain on cash flow hedges, net | Predecessor | 2,306 |  |  | 2,306 |  |  | 2,306
Nonvested stock amortization | Predecessor | 820 |  | 820 |  |  | 1,871 | 2,691
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 (Predecessor) at Jun. 30, 2014 | 843,082 | 445 | 847,547 | 28,076 | (32,986) | 332,926 | 1,176,008
Balance at Dec. 31, 2014 | 1,044,201 | 615 | 1,251,197 | (25,317) | (182,294) | 248,573 | 1,292,774
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss | (78,773) |  |  |  | (78,773) | (52,293) | (131,066)
Change in unrealized gain (loss) on investments | (1,043) |  |  | (1,043) |  |  | (1,043)
Settlement of non-accredited Note holders | (414) |  | (414) |  |  |  | (414)
Equity effect of purchase of entities under common control | 590 |  | 590 |  |  |  | 590
Nonvested stock amortization | 23,215 |  | 23,215 |  |  | 1,608 | 24,823
Balance at Jun. 30, 2015 | $ 987,776 | $ 615 | $ 1,274,588 | $ (26,360) | $ (261,067) | $ 197,888 | $ 1,185,664

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