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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 | Noncontrolling Interest | Total
--- | --- | --- | --- | --- | --- | --- | ---
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 | (38,442) |  |  |  | (38,442) | (40,673) | (79,115)
Other comprehensive income | 2,359 |  |  | 2,359 |  |  | 2,359
Settlement of non-accredited Note holders | (414) |  | (414) |  |  |  | (414)
Nonvested stock amortization | 11,544 |  | 11,544 |  |  | 816 | 12,360
Balance at Mar. 31, 2015 | 1,019,248 | 615 | 1,262,327 | (22,958) | (220,736) | $ 208,716 | 1,227,964
Balance at Dec. 31, 2015 | 1,105,966 | 728 | 1,482,450 | (21) | (377,191) |  | 1,105,966
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss | (54,483) |  |  |  | (54,483) |  | (54,483)
Other comprehensive income | 859 |  |  | 859 |  |  | 859
Issuance of 612,444 shares of nonvested stock |  | 6 | (6) |  |  |  |
Issuance of 31,380 shares of vested RSUs |  | 1 | (1) |  |  |  |
Nonvested stock amortization | 5,486 |  | 5,486 |  |  |  | 5,486
Balance at Mar. 31, 2016 | $ 1,057,828 | $ 735 | $ 1,487,929 | $ 838 | $ (431,674) |  | $ 1,057,828

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