XML 123 R82.htm IDEA: XBRL DOCUMENT
v3.5.0.2

SUBSEQUENT EVENTS (Details) - USD ($) $ in Thousands |  |  |  |  |  |  |  | 1 Months Ended | 3 Months Ended | 9 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Oct. 27, 2016 | Oct. 26, 2016 | Oct. 25, 2016 | Oct. 21, 2016 | Oct. 10, 2016 | Oct. 08, 2016 | Apr. 08, 2016 | Nov. 30, 2016 | Sep. 30, 2016 | Sep. 30, 2015 | Sep. 30, 2016 | Sep. 30, 2015 | Dec. 31, 2015 | Jul. 14, 2015 | Dec. 31, 2014 | Aug. 12, 2010
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income |  |  |  |  |  |  |  |  | $ 0 | $ 0 | $ 182 | $ 0 |  |  |  |
Bankruptcy settlement due | Samsun |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income |  |  |  |  |  |  |  |  |  |  | 157 |  |  |  |  |
Cash to be received to settle bankruptcy claim |  |  |  |  |  |  | $ 1,035 |  |  |  |  |  |  |  |  |
Tenure of Payment plan |  |  |  |  |  |  | 10 years |  |  |  |  |  |  |  |  |
Secured Debt | $100 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  | 100,000 | 100,000 | 100,000 | 100,000 |  |  |  | $ 100,000
Repayment of secured debt |  |  |  |  |  |  |  |  |  |  | 5,769 | 5,769 |  |  |  |
Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  | $ 148,000 | $ 148,000 | $ 148,000 | $ 148,000 | $ 148,000 | $ 148,000 | $ 148,000 |
Subsequent event | Bankruptcy settlement due | Samsun |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Other operating income | $ 777 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent event | Genco Pioneer |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of assets |  |  |  |  |  | $ 2,650 |  |  |  |  |  |  |  |  |  |
Broker commission |  |  |  |  |  | 5.50% |  |  |  |  |  |  |  |  |  |
Subsequent event | Genco Pioneer | Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment of secured debt |  | $ 2,504 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent event | Genco Sugar |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of assets |  |  |  |  | $ 2,450 |  |  |  |  |  |  |  |  |  |  |
Broker commission |  |  |  |  | 5.50% |  |  |  |  |  |  |  |  |  |  |
Subsequent event | Genco Sugar | Secured Debt | $100 Million Term Loan Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment of secured debt |  |  |  | $ 2,315 |  |  |  |  |  |  |  |  |  |  |  |
Subsequent event | Genco Leader |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of assets |  |  | $ 3,470 |  |  |  |  |  |  |  |  |  |  |  |  |
Broker commission |  |  | 3.00% |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent event | Forecast | Genco Leader | Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Repayment of secured debt |  |  |  |  |  |  |  | $ 3,366 |  |  |  |  |  |  |  |

X
- Definition Represents the amount to be received in cash settle bankruptcy claim. + References No definition available. + Details
Name: | gnk_BankruptcyClaimsAmountToBeReceivedInCashToSettleClaims
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Represents brokerage commission payable in percentage to the third party + References No definition available. + Details
Name: | gnk_BrokerageCommission
Namespace Prefix: | gnk_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Represents period of Payment plan. + References No definition available. + Details
Name: | gnk_PeriodOfPaymentPlan
Namespace Prefix: | gnk_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The total amount of other operating income, the components of which are not separately disclosed on the income statement, from items that are associated with the entity's normal revenue producing operation. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_OtherOperatingIncome
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 12 -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3179-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Investing Activities -URI http://asc.fasb.org/extlink&oid=6516133 + Details
Name: | us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The cash outflow to repay long-term debt that is wholly or partially secured by collateral. Excludes repayments of tax exempt secured debt. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 15 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=56944662&loc=d3e3291-108585 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Glossary Financing Activities -URI http://asc.fasb.org/extlink&oid=6513228 + Details
Name: | us-gaap_RepaymentsOfSecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. + References No definition available. + Details
Name: | us-gaap_SubsequentEventLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_GainContingenciesByNatureAxis=gnk_BankruptcySettlementDueMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | dei_LegalEntityAxis=gnk_SamsunLogixCorporationMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_SecuredDebtMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gnk_SecuredTermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_LineOfCreditMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gnk_BalticTradingCreditFacility2014Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoPioneerMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoSugarMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoLeaderMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementScenarioAxis=us-gaap_ScenarioForecastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |