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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 Income (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 | (145,397) |  |  |  | (145,397) | (59,471) | (204,868)
Other comprehensive income | 25,300 |  |  | 25,300 |  |  | 25,300
Settlement of non-accredited Note holders | (414) |  | (414) |  |  |  | (414)
Equity effect of purchase of entities under common control | 590 |  | 590 |  |  |  | 590
Issuance of 1,128,713 shares to Baltic Trading shareholders |  | 11 | (11) |  |  |  |
Elimination of non-controlling interest due to Merger | 194,375 |  | 194,375 |  |  | (194,375) |
Nonvested stock amortization | 31,400 |  | 31,400 |  |  | $ 5,273 | 36,673
Balance at Sep. 30, 2015 | 1,150,055 | 73 | 1,477,690 | (17) | (327,691) |  | 1,150,055
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 | (192,652) |  |  |  | (192,652) |  | (192,652)
Other comprehensive income | 311 |  |  | 311 |  |  | 311
Issuance of 61,244 shares of nonvested stock |  | 1 | (1) |  |  |  |
Nonvested stock amortization | 14,512 |  | 14,512 |  |  |  | 14,512
Balance at Sep. 30, 2016 | $ 928,137 | $ 74 | $ 1,497,616 | $ 290 | $ (569,843) |  | $ 928,137

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