XML 90 R77.htm IDEA: XBRL DOCUMENT
v3.3.1.900

DEBT (Details 5) - Line of Credit facility - 2010 Credit Facility $ in Thousands |  |  | 12 Months Ended |  |
--- | --- | --- | --- | --- | ---
Jan. 07, 2015 USD ($) | Aug. 29, 2013 USD ($) item | Dec. 31, 2015 USD ($) | Dec. 31, 2013 USD ($) | Nov. 30, 2010 USD ($) | Apr. 16, 2010 USD ($)
Line of Credit Facility |  |  |  |  |  |
Payment of Credit Facility | $ 102,250 |  | $ 102,250 |  |  |
Predecessor |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Maximum borrowing capacity |  | $ 110,000 |  |  | $ 150,000 | $ 100,000
Amount of semi-annual reductions in maximum borrowing capacity through the maturity date |  | $ 5,000 |  |  |  |
Number of consecutive semi-annual reductions in total commitment | item |  | 3 |  |  |  |
Ratio of maximum facility amount to aggregate appraised value of vessels mortgaged (as a percent) |  | 55.00% |  |  |  |
Applicable margin over reference rate for condition two (as a percent) |  | 3.35% |  |  |  |
Drawdowns during the period |  |  |  | $ 1,000 |  |
Predecessor | LIBOR |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |
Reference rate for interest payable |  | LIBOR |  |  |  |
Applicable margin over reference rate for condition one (as a percent) |  | 3.00% |  |  |  |

X
- Definition Applicable margin over reference rate if ratio of maximum facility amount to aggregate appraised value of vessels mortgaged is 55% or less. + References No definition available. + Details
Name: | gnk_ApplicableMarginOverReferenceRateForConditionOne
Namespace Prefix: | gnk_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Applicable margin over reference rate if ratio of maximum facility amount to aggregate appraised value of vessels mortgaged is above 55%. + References No definition available. + Details
Name: | gnk_ApplicableMarginOverReferenceRateForConditionTwo
Namespace Prefix: | gnk_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents the amount of the semi-annual reductions in the maximum borrowing capacity which will occur through the maturity date of the line of credit facility. + References No definition available. + Details
Name: | gnk_LineOfCreditFacilityAmountOfSemiAnnualReductionsInMaximumBorrowingCapacity
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Represents the number of consecutive semi-annual reductions in maximum borrowing capacity under the line of credit facility. + References No definition available. + Details
Name: | gnk_LineOfCreditFacilityNumberOfConsecutiveSemiAnnualReductionsInMaximumBorrowingCapacity
Namespace Prefix: | gnk_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents ratio of maximum facility amount to aggregate appraised value of vessels mortgaged. + References No definition available. + Details
Name: | gnk_RatioOfMaximumFacilityAmountToAggregateAppraisedValueOfVesselsMortgaged
Namespace Prefix: | gnk_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The reference rate for the variable rate of the debt instrument, such as LIBOR or the US Treasury rate and the maturity of the reference rate used, such as three months or six months LIBOR. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentDescriptionOfVariableRateBasis
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash inflow from contractual arrangement with the lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3255-108585 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 + Details
Name: | us-gaap_ProceedsFromLinesOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Amount of cash outflow for payment of an obligation from a lender, including but not limited to, letter of credit, standby letter of credit and revolving credit arrangements. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=31042434&loc=d3e3291-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08.(f)) -URI http://asc.fasb.org/extlink&oid=26873400&loc=d3e23780-122690 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 08 -Paragraph f -Article 4 + Details
Name: | us-gaap_RepaymentsOfLinesOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gnk_BalticTradingCreditFacility2010Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_PredecessorMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_VariableRateAxis=us-gaap_LondonInterbankOfferedRateLIBORMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |