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Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2016
Sep. 30, 2015
Sep. 30, 2016
Sep. 30, 2015
Revenues:        
Voyage revenues $ 37,871 $ 49,167 $ 89,461 $ 116,548
Service revenues 1,016 828 2,240 2,457
Total revenues 38,887 49,995 91,701 119,005
Operating expenses:        
Voyage expenses 2,262 6,638 9,232 14,775
Vessel operating expenses 28,460 31,544 86,125 90,143
General, administrative, and management fees 10,153 26,983 36,861 73,798
Depreciation and amortization 18,127 20,124 58,152 58,933
Other operating income 0 0 (182) 0
Impairment of vessel assets     69,278 35,396
Loss on sale of vessels     77 1,210
Total operating expenses 59,002 85,289 259,543 274,255
Operating loss (20,115) (35,294) (167,842) (155,250)
Other (expense) income:        
Impairment of investment 0 (32,536) (2,696) (32,536)
Other income (expense) 125 (653) (49) (707)
Interest income 49 22 143 71
Interest expense (7,073) (4,876) (21,199) (13,887)
Other expense (6,899) (38,043) (23,801) (47,059)
Loss before reorganization items, net (27,014) (73,337) (191,643) (202,309)
Reorganization items, net (83) (174) (243) (1,006)
Loss before income taxes (27,097) (73,511) (191,886) (203,315)
Income tax expense (417) (292) (766) (1,553)
Net loss (27,514) (73,803) (192,652) (204,868)
Less: Net loss attributable to noncontrolling interest   (7,178)   (59,471)
Net loss attributable to Genco Shipping & Trading Limited $ (27,514) $ (66,625) $ (192,652) $ (145,397)
Net loss per share-basic $ (3.80) $ (9.54) $ (26.65) $ (22.86)
Net loss per share-diluted $ (3.80) $ (9.54) $ (26.65) $ (22.86)
Weighted average common shares outstanding - Basic 7,245,268 6,982,434 7,228,660 6,361,518
Weighted average common shares outstanding-diluted 7,245,268 6,982,434 7,228,660 6,361,518