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GENERAL INFORMATION (Details 4) - USD ($)
$ in Thousands
6 Months Ended
Jul. 09, 2014
Dec. 31, 2015
Dec. 31, 2014
Jul. 10, 2014
Fresh-Start Adjustment, Increase (Decrease), Current Assets        
Cash and cash equivalents $ 136,077      
Restricted cash 9,975      
Due from charterers, net 13,194      
Prepaid expenses and other current assets 30,759      
Time charters acquired 450      
Total current assets 190,455      
Noncurrent assets:        
Vessels, net 1,538,849      
Deposits on vessels 30,975      
Deferred drydock, net 188      
Deferred financing costs, net 7,060      
Fixed assets, net 610      
Other noncurrent assets 514      
Restricted cash 300      
Investments 51,804      
Goodwill 166,067      
Total non current assets 1,796,367      
Total assets 1,986,822      
Current liabilities not subject to compromise:        
Accounts payable and accrued expenses 65,725      
Current portion of long-term debt 32,242      
Deferred revenue 997      
Total current liabilities not subject to compromise 98,964      
Noncurrent liabilities not subject to compromise:        
Long-term debt 375,789      
Total noncurrent liabilities not subject to compromises 375,789      
Total liabilities 474,753      
Equity:        
Common stock 603      
Additional paid-in capital 1,232,397      
Total Genco Shipping & Trading Limited shareholders' equity 1,233,000      
Noncontrolling interest 279,069      
Total equity 1,512,069      
Total liabilities and equity 1,986,822      
Long-term debt     $ 395,811  
Deferred revenue   $ 1,058 1,397  
Accounts payable and accrued expenses   27,467 28,217  
Noncontrolling interest     248,573  
Total current assets   172,529 130,326  
Vessels, net   1,508,221 1,532,843  
Deposits on vessels   0 25,593  
Deferred drydock, net   16,177 6,234  
Deferred financing costs, net   12,705 10,271  
Fixed assets, net   1,286 701  
Other noncurrent assets   514 514  
Restricted cash   315 19,945  
Investments   $ 12,327 $ 26,486  
$100 Million Term Loan Facility        
Equity:        
Maximum borrowing capacity 100,000      
$253 Million Term Loan Facility        
Equity:        
Maximum borrowing capacity 253,000      
Discharge of Debt        
Fresh-Start Adjustment, Increase (Decrease), Current Assets        
Cash and cash equivalents 87,526      
Total current assets 87,526      
Noncurrent assets:        
Deferred financing costs, net (11,893)      
Total non current assets (11,893)      
Total assets 75,633      
Current liabilities not subject to compromise:        
Accounts payable and accrued expenses (1,086)      
Total current liabilities not subject to compromise (1,086)      
Noncurrent liabilities not subject to compromise:        
Total liabilities subject to compromise (1,194,687)      
Total liabilities (1,195,773)      
Equity:        
Common stock 603      
Additional paid-in capital 1,232,397      
Accumulated other comprehensive income (30,357)      
Retained (deficit) earnings 918,338      
Total Genco Shipping & Trading Limited shareholders' equity 1,271,406      
Total equity 1,271,406      
Total liabilities and equity 75,633      
Reclassification to retained (deficit) earnings related to the gain associated with the Company's investments 34,931      
Reclassification of initial equity to accounts payable 900      
Proceeds from rights offering 100,000      
Discharge of Debt | 2007 Credit Facility        
Equity:        
Interest payable classified as liabilities subject to compromise 1,772      
Discharge of Debt | Amended and Restated Term Loan Facility        
Equity:        
Payment of deferred financing fees 3,490      
Discharge of Debt | $100 Million Term Loan Facility        
Equity:        
Interest payable classified as liabilities subject to compromise 59      
Line of Credit Facility Unpaid Amount 1,923      
Discharge of Debt | $253 Million Term Loan Facility        
Equity:        
Interest payable classified as liabilities subject to compromise 156      
Line of Credit Facility Unpaid Amount 5,075      
Reinstatement Of Liabilities        
Current liabilities not subject to compromise:        
Accounts payable and accrued expenses 6,478      
Current portion of long-term debt 27,992      
Total current liabilities not subject to compromise 34,470      
Noncurrent liabilities not subject to compromise:        
Long-term debt 214,289      
Total noncurrent liabilities not subject to compromises 214,289      
Total liabilities subject to compromise (248,759)      
Equity:        
Lease obligations 815      
Pre-petition accounts payable 41      
Reinstatement Of Liabilities | DNB Bank ASA        
Equity:        
Termination of interest rate swap 5,622      
Reinstatement Of Liabilities | $100 Million Term Loan Facility        
Noncurrent liabilities not subject to compromise:        
Long-term debt 63,946      
Equity:        
Long-term debt, current 7,692      
Reinstatement Of Liabilities | $253 Million Term Loan Facility        
Noncurrent liabilities not subject to compromise:        
Long-term debt 150,343      
Equity:        
Long-term debt, current 20,300      
Revaluation Of Assets And Liabilities        
Fresh-Start Adjustment, Increase (Decrease), Current Assets        
Prepaid expenses and other current assets (41)      
Time charters acquired 450      
Total current assets 409      
Noncurrent assets:        
Vessels, net (1,065,882)      
Deposits on vessels 2,317      
Deferred drydock, net (16,396)      
Fixed assets, net (3,443)      
Goodwill 166,067      
Total non current assets (917,337)      
Total assets (916,928)      
Current liabilities not subject to compromise:        
Time charters acquired (16)      
Total current liabilities not subject to compromise (16)      
Noncurrent liabilities not subject to compromise:        
Long-term lease obligations (2,670)      
Total noncurrent liabilities not subject to compromises (2,670)      
Total liabilities (2,686)      
Equity:        
Retained (deficit) earnings (860,875)      
Total Genco Shipping & Trading Limited shareholders' equity (860,875)      
Noncontrolling interest (53,367)      
Total equity (914,242)      
Total liabilities and equity (916,928)      
Vessels, net adjustment 1,083,404      
Prepaid and other current assets fair value adjustment 138      
Value of shares issued to pre-petition claimants 1,133,000      
Proceeds from rights offering 100,000      
Distributable Value 1,233,000      
Current portion of long-term debt 32,242      
Long-term debt 375,789      
Estimated fair value of debt 408,031      
Deferred revenue 997      
Accounts payable and accrued expenses 65,725      
Estimated fair value of non-debt liabilities 66,722      
Noncontrolling interest 279,069      
Reorganization value of assets 1,986,822      
Estimated fair value of assets (excluding goodwill) (a) (1,820,755)      
Goodwill, Total 166,067      
Total current assets 190,455      
Vessels, net 1,538,849      
Deposits on vessels 30,975      
Deferred drydock, net 188      
Deferred financing costs, net 7,060      
Fixed assets, net 610      
Other noncurrent assets 514      
Restricted cash 300      
Investments 51,804      
Total assets excluding goodwill 1,820,755      
Revaluation Of Assets And Liabilities | Baltic Trading        
Equity:        
Noncontrolling interest asset revaluation adjustment 74,355      
Noncontrolling interest, goodwill adjustment 24,022      
Noncontrolling interest, additional revaluation adjustment 3,034      
Exchange of Stock for Stock | Maximum        
Equity:        
Percentage of shares received of the emerging entity (as a percent)       50.00%
Predecessor        
Fresh-Start Adjustment, Increase (Decrease), Current Assets        
Cash and cash equivalents 48,551      
Restricted cash 9,975      
Due from charterers, net 13,194      
Prepaid expenses and other current assets 30,800      
Total current assets 102,520      
Noncurrent assets:        
Vessels, net 2,604,731      
Deposits on vessels 28,658      
Deferred drydock, net 16,584      
Deferred financing costs, net 18,953      
Fixed assets, net 4,053      
Other noncurrent assets 514      
Restricted cash 300      
Investments 51,804      
Total non current assets 2,725,597      
Total assets 2,828,117      
Current liabilities not subject to compromise:        
Accounts payable and accrued expenses 60,333      
Current portion of long-term debt 4,250      
Deferred revenue 997      
Time charters acquired 16      
Total current liabilities not subject to compromise 65,596      
Noncurrent liabilities not subject to compromise:        
Long-term lease obligations 2,670      
Long-term debt 161,500      
Total noncurrent liabilities not subject to compromises 164,170      
Total liabilities subject to compromise 1,443,446      
Total liabilities 1,673,212      
Equity:        
Common stock 445      
Additional paid-in capital 849,130      
Accumulated other comprehensive income 30,357      
Retained (deficit) earnings (57,463)      
Total Genco Shipping & Trading Limited shareholders' equity 822,469      
Noncontrolling interest 332,436      
Total equity 1,154,905      
Total liabilities and equity 2,828,117      
The elimination of deferred financing fees associated with the discharged obligations (15,383)      
The elimination of accumulated other comprehensive income related to interest rate swaps associated with the discharged obligations (4,574)      
Issuance of Successor common stock (1,133,900)      
Net gain on the discharge of Predecessor liabilities related to liabilities subject to compromise and associated issuance of Successor equity 33,832      
Proceeds from rights offering 100,000      
Goodwill, Total 166,067      
Predecessor | Discharge of Debt        
Equity:        
Common stock (445)      
Additional paid-in capital (849,130)      
Predecessor | Discharge of Debt | 2010 Notes        
Equity:        
Discharge of debt outstanding 117,473      
Discharge of coupon interest on the 2010 Notes liability 1,105      
Predecessor | Discharge of Debt | 2007 Credit Facility        
Equity:        
Discharge of debt outstanding 1,055,912      
Discharge of the long-term interest payable due pursuant to the 2007 Credit Facility 13,199      
Predecessor | Revaluation Of Assets And Liabilities        
Fresh-Start Adjustment, Increase (Decrease), Current Assets        
Prepaid expenses and other current assets 179      
Time charters acquired $ 434