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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 | Retained Deficit | Noncontrolling Interest | Total
--- | --- | --- | --- | --- | --- | --- | ---
Balance at Dec. 31, 2014 | $ 1,044,201 | $ 62 | $ 1,251,750 | $ (25,317) | $ (182,294) | $ 248,573 | $ 1,292,774
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss | (78,773) |  |  |  | (78,773) | (52,293) | (131,066)
Other comprehensive loss | (1,043) |  |  | (1,043) |  |  | (1,043)
Settlement of non-accredited Note holders | (414) |  | (414) |  |  |  | (414)
Equity effect of purchase of entities under common control | 590 |  | 590 |  |  |  | 590
Nonvested stock amortization | 23,215 |  | 23,215 |  |  | 1,608 | 24,823
Balance at Jun. 30, 2015 | 987,776 | 62 | 1,275,141 | (26,360) | (261,067) | $ 197,888 | 1,185,664
Balance at Dec. 31, 2015 | 1,105,966 | 73 | 1,483,105 | (21) | (377,191) |  | 1,105,966
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |
Net loss | (165,138) |  |  |  | (165,138) |  | (165,138)
Other comprehensive loss | (5) |  |  | (5) |  |  | (5)
Issuance of 61,244 shares of nonvested stock |  | 1 | (1) |  |  |  |
Nonvested stock amortization | 10,928 |  | 10,928 |  |  |  | 10,928
Balance at Jun. 30, 2016 | $ 951,751 | $ 74 | $ 1,494,032 | $ (26) | $ (542,329) |  | $ 951,751

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