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v3.3.0.814

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 | (951,149) |  |  |  | (951,149) | (62,101) | (1,013,250)
Other comprehensive income | Predecessor |  |  |  |  |  |  | (23,365)
Unrealized gain (loss) on investments | Predecessor | (25,766) |  |  | (25,766) |  |  | (25,766)
Unrealized gain on cash flow hedges, net | Predecessor | 2,401 |  |  | 2,401 |  |  | 2,401
Nonvested stock amortization | Predecessor | 2,403 |  | 2,403 |  |  | 1,949 | 4,352
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 at Jul. 09, 2014 | 1,233,000 | 603 | 1,232,397 |  |  | 279,069 | 1,512,069
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Subtotal - July 9, 2014 (Predecessor) | Predecessor | (4,573) | 445 | 849,130 | 30,357 | (884,505) | 279,069 | 274,496
Net loss | (18,290) |  |  |  | (18,290) | (4,272) | (22,562)
Other comprehensive income |  |  |  |  |  |  | (13,341)
Unrealized gain (loss) on investments | (13,341) |  |  | (13,341) |  |  | (13,341)
Issuance of 1,110,600 shares of nonvested stock |  | 11 | (11) |  |  |  |
Nonvested stock amortization | 7,054 |  | 7,054 |  |  | 818 | 7,872
Cash dividends paid by Baltic Trading Limited | (1) |  | (1) |  |  | (511) | (512)
Balance at Sep. 30, 2014 | 1,208,422 | 614 | 1,239,439 | (13,341) | (18,290) | 275,104 | 1,483,526
Balance at Jul. 09, 2014 | 1,233,000 | 603 | 1,232,397 |  |  | 279,069 | 1,512,069
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss |  |  |  |  |  |  | (213,358)
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 | (145,397) |  |  |  | (145,397) | (59,471) | (204,868)
Other comprehensive income | 25,300 |  |  | 25,300 |  |  | 25,300
Unrealized gain (loss) on investments |  |  |  |  |  |  | 25,300
Settlement of non-accredited Note holders | (414) |  | (414) |  |  |  | (414)
Equity effect of purchase of entities under common control | 590 |  | 590 |  |  |  | 590
Issuance of 11,287,132 shares to Baltic Trading shareholders |  | 113 | (113) |  |  |  |
Elimination of non-controlling interest due to Merger | 194,375 |  | 194,375 |  |  | (194,375) |
Nonvested stock amortization | 31,400 |  | 31,400 |  |  | $ 5,273 | 36,673
Balance at Sep. 30, 2015 | $ 1,150,055 | $ 728 | $ 1,477,035 | $ (17) | $ (327,691) |  | $ 1,150,055

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