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NET LOSS PER COMMON SHARE (Details) - USD ($) $ in Thousands |  | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jul. 09, 2014 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Sep. 30, 2014 | Jun. 30, 2014 | Mar. 31, 2014 | Dec. 31, 2014 | Jul. 09, 2014 | Dec. 31, 2015 | Dec. 31, 2013
Nonvested shares outstanding |  | 798,615 |  |  |  |  |  |  |  |  |  | 798,615 |
Anti-dilutive shares (in shares) |  |  |  |  |  |  |  |  |  |  |  | 798,615 |
Common shares outstanding, basic: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - Basic |  | 72,174,041,000 | 69,824,338,000 | 60,487,189,000 | 60,430,789,000 | 60,415,981,000 | 60,299,766,000 |  |  | 60,360,515 |  | 65,831,637 |
Common shares outstanding, diluted: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - Basic |  | 72,174,041,000 | 69,824,338,000 | 60,487,189,000 | 60,430,789,000 | 60,415,981,000 | 60,299,766,000 |  |  | 60,360,515 |  | 65,831,637 |
Weighted-average common shares outstanding, diluted (in shares) |  | 72,174,041,000 | 69,824,338,000 | 60,487,189,000 | 60,430,789,000 | 60,415,981,000 | 60,299,766,000 |  |  | 60,360,515 |  | 65,831,637 |
Reconciliation of the net loss attributable to GS&T and the net loss attributable to GS&T for diluted net loss per share |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to Genco Shipping& Trading Limited |  | $ (49,498) | $ (66,625) | $ (40,332) | $ (38,442) | $ (164,003) | $ (18,290) |  |  | $ (182,294) |  | $ (194,897) |
Net loss attributable to GS&T for the computation of diluted net loss per share |  |  |  |  |  |  |  |  |  | $ (182,294) |  | $ (194,897) |
MIP Warrants |  |  |  |  |  |  |  |  |  |  |  |  |
Anti-dilutive shares (in shares) |  |  |  |  |  |  |  |  |  |  |  | 5,704,974 |
New Genco Equity Warrants |  |  |  |  |  |  |  |  |  |  |  |  |
Anti-dilutive shares (in shares) |  |  |  |  |  |  |  |  |  |  |  | 3,936,761 |
Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |
Common shares outstanding, basic: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - Basic | 43,568,942,000 |  |  |  |  |  |  | 43,568,942,000 | 43,568,942,000 |  | 43,568,942 |  | 43,249,070
Common shares outstanding, diluted: |  |  |  |  |  |  |  |  |  |  |  |  |
Weighted average common shares outstanding - Basic | 43,568,942,000 |  |  |  |  |  |  | 43,568,942,000 | 43,568,942,000 |  | 43,568,942 |  | 43,249,070
Weighted-average common shares outstanding, diluted (in shares) | 43,568,942,000 |  |  |  |  |  |  | 43,568,942,000 | 43,568,942,000 |  | 43,568,942 |  | 43,249,070
Reconciliation of the net loss attributable to GS&T and the net loss attributable to GS&T for diluted net loss per share |  |  |  |  |  |  |  |  |  |  |  |  |
Net loss attributable to Genco Shipping& Trading Limited | $ (851,520) |  |  |  |  |  |  | $ (60,524) | $ (39,105) |  | $ (951,149) |  | $ (147,741)
Net loss attributable to GS&T for the computation of diluted net loss per share |  |  |  |  |  |  |  |  |  |  | $ (951,149) |  | $ (147,741)

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