The amount by which the fair value of an investment is less than the amortized cost basis or carrying amount of that investment at the balance sheet date and the decline in fair value is deemed to be other than temporary, before considering whether or not such amount is recognized in earnings or other comprehensive income.

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ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details 2) - 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
Reclassifications Out of AOCI
Other (expense) income										$ (7,538)		$ (58,595)
Impairment of investment										0		(37,877)
Interest expense										(7,620)		(20,032)
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 Unrealized Gain (Loss) on Investments \| Reclassification out of Accumulated Other Comprehensive Income
Reclassifications Out of AOCI
Other (expense) income												(687)
Impairment of investment												(37,877)
Net loss attributable to Genco Shipping& Trading Limited												$ (38,564)
Predecessor
Reclassifications Out of AOCI
Other (expense) income											$ (41,122)		$ (88,217)
Impairment of investment											0		0
Interest expense											(41,061)		(88,216)
Net loss attributable to Genco Shipping& Trading Limited	$ (851,520)							$ (60,524)	$ (39,105)		(951,149)		(147,741)
Predecessor \| Net Unrealized Gain (Loss) on Cash Flow Hedges \| Reclassification out of Accumulated Other Comprehensive Income
Reclassifications Out of AOCI
Net loss attributable to Genco Shipping& Trading Limited											(2,580)		(9,963)
Predecessor \| Net Unrealized Gain (Loss) on Cash Flow Hedges \| Interest rate contracts \| Reclassification out of Accumulated Other Comprehensive Income
Reclassifications Out of AOCI
Interest expense											$ (2,580)		$ (9,963)