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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Revenues:    
Voyage revenues $ 20,131 $ 33,609
Service revenues 811 810
Total revenues 20,942 34,419
Operating expenses:    
Voyage expenses 3,896 4,380
Vessel operating expenses 29,127 28,672
General, administrative, and management fees 12,855 20,324
Depreciation and amortization 20,339 19,410
Impairment of vessel assets 1,685 35,396
Total operating expenses 67,902 108,182
Operating loss (46,960) (73,763)
Other (expense) income:    
Other (expense) income (125) 11
Interest income 62 24
Interest expense (7,113) (4,324)
Other expense (7,176) (4,289)
Loss before reorganization items, net (54,136) (78,052)
Reorganization items, net (94) (520)
Loss before income taxes (54,230) (78,572)
Income tax expense (253) (543)
Net loss (54,483) (79,115)
Less: Net loss attributable to noncontrolling interest   (40,673)
Net loss attributable to Genco Shipping & Trading Limited $ (54,483) $ (38,442)
Net loss per share-basic $ (0.75) $ (0.64)
Net loss per share-diluted $ (0.75) $ (0.64)
Weighted average common shares outstanding - Basic 72,187,954 60,430,789
Weighted average common shares outstanding-diluted 72,187,954 60,430,789