XML 99 R73.htm IDEA: XBRL DOCUMENT
v3.7.0.1

DEBT - Table Information (Details) - USD ($) $ in Thousands | Dec. 31, 2016 | Nov. 15, 2016 | Nov. 10, 2016 | Jun. 08, 2016 | Dec. 31, 2015 | Nov. 04, 2015 | Jul. 14, 2015 | Apr. 07, 2015 | Dec. 31, 2014
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount | $ 523,577 |  |  |  | $ 588,434 |  |  |  |
Principal amount | 524,377 |  |  |  | 588,434 |  |  |  |
PIK interest | 800 |  |  |  |  |  |  |  |
Less: Unamortized debt issuance costs | (11,357) |  |  |  | (9,411) |  |  |  |
Less: Current portion | (4,576) |  |  |  | (579,023) |  |  |  |
Long-term debt, noncurrent | 508,444 |  |  |  |  |  |  |  |
Secured Debt | $400 Million Credit Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount | 400,000 |  |  |  |  |  |  |  |
PIK interest | 800 |  | $ 800 |  |  |  |  |  |
Less: Unamortized debt issuance costs | (7,967) |  |  |  |  |  |  |  |
Maximum borrowing capacity | 400,000 |  | $ 400,000 | $ 400,000 |  |  |  |  |
Secured Debt | $100 Million Term Loan Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | 60,100 |  |  |  |
Less: Unamortized debt issuance costs |  |  |  |  | (1,201) |  |  |  |
Maximum borrowing capacity | 100,000 |  |  |  | 100,000 |  |  |  |
Secured Debt | $253 Million Term Loan Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | 145,268 |  |  |  |
Less: Unamortized debt issuance costs |  |  |  |  | (2,528) |  |  |  |
Maximum borrowing capacity | 253,000 |  |  |  | 253,000 |  |  |  |
Secured Debt | $44 Million Term Loan Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | 38,500 |  |  |  |
Less: Unamortized debt issuance costs |  |  |  |  | (584) |  |  |  |
Maximum borrowing capacity |  |  |  |  | 44,000 |  |  |  |
Secured Debt | $22 Million Term Loan Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | 18,625 |  |  |  |
Less: Unamortized debt issuance costs |  |  |  |  | (376) |  |  |  |
Maximum borrowing capacity |  |  |  |  | 22,000 |  | $ 22,000 |  |
Secured Debt | 2014 Term Loan Facilities |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount | 28,306 |  |  |  | 31,069 |  |  |  |
Less: Unamortized debt issuance costs | (1,522) |  |  |  | (1,715) |  |  |  |
Line of Credit Facility | $98 Million Credit Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount | 95,271 |  |  |  | 98,271 |  |  |  |
Less: Unamortized debt issuance costs | (1,868) |  |  |  | (2,368) |  |  |  |
Maximum borrowing capacity | 98,000 | $ 98,000 |  |  |  | $ 98,000 |  |  |
Line of Credit Facility | $148 Million Credit Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | 140,383 |  |  |  |
Less: Unamortized debt issuance costs |  |  |  |  | (639) |  |  |  |
Maximum borrowing capacity | $ 148,000 |  |  |  | 148,000 |  | $ 148,000 |  | $ 148,000
Revolving Credit Facility | 2015 Revolving Credit Facility |  |  |  |  |  |  |  |  |
Line of Credit Facility |  |  |  |  |  |  |  |  |
Principal amount |  |  |  |  | $ 56,218 |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  | $ 59,500 |

X
- Definition Interest paid other than in cash for example by issuing additional debt securities. + References No definition available. + Details
Name: | gnk_InterestPaidInKind
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt, excluding paid in kind interest and before deduction of unamortized discount or premium. + References No definition available. + Details
Name: | gnk_LongTermDebtExcludingPaidInKindInterest
Namespace Prefix: | gnk_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of long-term debt before deduction of unamortized discount or premium. Includes, but is not limited to, notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, with initial maturities beyond one year or the normal operating cycle, if longer. + 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 + Details
Name: | us-gaap_DebtInstrumentCarryingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition For an unclassified balance sheet, the carrying amount (net of accumulated amortization) as of the balance sheet date of capitalized costs associated with the issuance of debt instruments (for example, legal, accounting, underwriting, printing, and registration costs) that will be charged against earnings over the life of the debt instruments to which such costs pertain. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28555-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
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 Amount of long-term debt, after unamortized discount or premium, scheduled to be repaid within one year or the normal operating cycle, if longer. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + 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 210.5-02.19,20) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtCurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, excluding amounts to be repaid within one year or the normal operating cycle, if longer (current maturities). Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + 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 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebtNoncurrent
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

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_NordeaBankSeniorSecuredTermLoanFacilityMember
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_DebtInstrumentAxis=gnk_SeniorSecuredTermLoanFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

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

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

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gnk_TermLoanFacilityThreeMember
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_SubsidiariesCreditFacilityMember
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_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=gnk_RevolvingCreditFacility2015Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |