XML 71 R6.htm IDEA: XBRL DOCUMENT v3.2.0.727
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