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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2016
Jun. 30, 2015
Jun. 30, 2016
Jun. 30, 2015
Revenues:        
Voyage revenues $ 31,460 $ 33,772 $ 51,590 $ 67,381
Service revenues 414 819 1,225 1,629
Total revenues 31,874 34,591 52,815 69,010
Operating expenses:        
Voyage expenses 3,074 3,757 6,970 8,137
Vessel operating expenses 28,538 29,928 57,665 58,599
General, administrative, and management fees 13,853 26,491 26,708 46,815
Depreciation and amortization 19,686 19,399 40,025 38,809
Other operating income (182) 0 (182) 0
Impairment of vessel assets 67,594 0 69,278 35,396
Loss on sale of vessels 77 1,210 77 1,210
Total operating expenses 132,640 80,785 200,541 188,966
Operating loss (100,766) (46,194) (147,726) (119,956)
Other (expense) income:        
Impairment of investment (2,696) 0 (2,696) 0
Other expense (50) (65) (174) (54)
Interest income 33 25 95 49
Interest expense (7,013) (4,687) (14,127) (9,012)
Other expense (9,726) (4,727) (16,902) (9,017)
Loss before reorganization items, net (110,492) (50,921) (164,628) (128,973)
Reorganization items, net (65) (313) (160) (833)
Loss before income taxes (110,557) (51,234) (164,788) (129,806)
Income tax expense (96) (718) (350) (1,260)
Net loss (110,653) (51,952) (165,138) (131,066)
Less: Net loss attributable to noncontrolling interest   (11,620)   (52,293)
Net loss attributable to Genco Shipping & Trading Limited $ (110,653) $ (40,332) $ (165,138) $ (78,773)
Net loss per share-basic $ (15.32) $ (6.67) $ (22.87) $ (13.03)
Net loss per share-diluted $ (15.32) $ (6.67) $ (22.87) $ (13.03)
Weighted average common shares outstanding - Basic 7,221,735 6,048,719 7,220,265 6,045,915
Weighted average common shares outstanding-diluted 7,221,735 6,048,719 7,220,265 6,045,915