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RESTATEMENT OF CONSOLIDATED FINANCIAL STATEMENTS OF THE PREDECESSOR COMPANY - Operations (Details) - USD ($) $ / shares in Units, $ in Thousands |  | 3 Months Ended | 6 Months Ended | 12 Months Ended
--- | --- | --- | --- | ---
Jul. 09, 2014 | Dec. 31, 2016 | Sep. 30, 2016 | Jun. 30, 2016 | Mar. 31, 2016 | Dec. 31, 2015 | Sep. 30, 2015 | Jun. 30, 2015 | Mar. 31, 2015 | Dec. 31, 2014 | Jul. 09, 2014 | Dec. 31, 2016 | Dec. 31, 2015
RESTATEMENT OF CONSOLIDATING FINANCIAL STATEMENTS OF THE PREDECESSOR COMPANY |  |  |  |  |  |  |  |  |  |  |  |  |
Loss before reorganization items, net |  |  |  |  |  |  |  |  |  | $ (210,771) |  | $ (216,776) | $ (251,462)
Reorganization items, net |  |  |  |  |  |  |  |  |  | (1,591) |  | (272) | (1,085)
Loss before income taxes |  |  |  |  |  |  |  |  |  | (212,362) |  | (217,048) | (252,547)
Income tax expense |  |  |  |  |  |  |  |  |  | (996) |  | (709) | (1,821)
Net (loss) income |  | $ (25,104) | $ (27,514) | $ (110,653) | $ (54,483) | $ (49,498) | $ (73,803) | $ (51,952) | $ (79,115) | (213,358) |  | (217,757) | (254,368)
Less: Net loss attributable to noncontrolling interest |  |  |  |  |  |  | (7,178) | (11,620) | (40,673) | (31,064) |  |  | (59,471)
Net loss attributable to Genco Shipping & Trading Limited |  | $ (25,104) | $ (27,514) | $ (110,653) | $ (54,483) | $ (49,498) | $ (66,625) | $ (40,332) | $ (38,442) | $ (182,294) |  | $ (217,757) | $ (194,897)
Net (loss) income per share-basic |  | $ (3.43) | $ (3.80) | $ (15.32) | $ (7.55) | $ (6.86) | $ (9.54) | $ (6.67) | $ (6.36) | $ (30.20) |  | $ (30.03) | $ (29.61)
Net (loss) income per share-diluted |  | $ (3.43) | $ (3.80) | $ (15.32) | $ (7.55) | $ (6.86) | $ (9.54) | $ (6.67) | $ (6.36) | $ (30.20) |  | $ (30.03) | $ (29.61)
Weighted average common shares outstanding - Basic |  | 7,318,452 | 7,245,268 | 7,221,735 | 7,218,795 | 7,217,404 | 6,982,434 | 6,048,719 | 6,043,078 | 6,036,051 |  | 7,251,231 | 6,583,163
Weighted average common shares outstanding-diluted |  | 7,318,452 | 7,245,268 | 7,221,735 | 7,218,795 | 7,217,404 | 6,982,434 | 6,048,719 | 6,043,078 | 6,036,051 |  | 7,251,231 | 6,583,163
Recording of goodwill in fresh-start accounting | $ 166,067 |  |  |  |  |  |  |  |  |  | $ 166,067 |  |
Total |  |  |  |  |  |  |  |  |  | $ (1,591) |  | $ (272) | $ (1,085)
Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |
RESTATEMENT OF CONSOLIDATING FINANCIAL STATEMENTS OF THE PREDECESSOR COMPANY |  |  |  |  |  |  |  |  |  |  |  |  |
Loss before reorganization items, net |  |  |  |  |  |  |  |  |  |  | (96,795) |  |
Reorganization items, net |  |  |  |  |  |  |  |  |  |  | (915,640) |  |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  | (1,012,435) |  |
Income tax expense |  |  |  |  |  |  |  |  |  |  | (815) |  |
Net (loss) income |  |  |  |  |  |  |  |  |  |  | (1,013,250) |  |
Less: Net loss attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  |  | (62,101) |  |
Net loss attributable to Genco Shipping & Trading Limited |  |  |  |  |  |  |  |  |  |  | $ (951,149) |  |
Net (loss) income per share-basic |  |  |  |  |  |  |  |  |  |  | $ (21.83) |  |
Net (loss) income per share-diluted |  |  |  |  |  |  |  |  |  |  | $ (21.83) |  |
Weighted average common shares outstanding - Basic |  |  |  |  |  |  |  |  |  |  | 43,568,942 |  |
Weighted average common shares outstanding-diluted |  |  |  |  |  |  |  |  |  |  | 43,568,942 |  |
Issuance of Successor equity |  |  |  |  |  |  |  |  |  |  | $ (1,133,900) |  |
Total |  |  |  |  |  |  |  |  |  |  | (915,640) |  |
As Reported | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |
RESTATEMENT OF CONSOLIDATING FINANCIAL STATEMENTS OF THE PREDECESSOR COMPANY |  |  |  |  |  |  |  |  |  |  |  |  |
Loss before reorganization items, net |  |  |  |  |  |  |  |  |  |  | (96,795) |  |
Reorganization items, net |  |  |  |  |  |  |  |  |  |  | 882,167 |  |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  | 785,372 |  |
Income tax expense |  |  |  |  |  |  |  |  |  |  | (815) |  |
Net (loss) income |  |  |  |  |  |  |  |  |  |  | 784,557 |  |
Less: Net loss attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  |  | (8,734) |  |
Net loss attributable to Genco Shipping & Trading Limited |  |  |  |  |  |  |  |  |  |  | $ 793,291 |  |
Net (loss) income per share-basic |  |  |  |  |  |  |  |  |  |  | $ 18.21 |  |
Net (loss) income per share-diluted |  |  |  |  |  |  |  |  |  |  | $ 18.21 |  |
Weighted average common shares outstanding - Basic |  |  |  |  |  |  |  |  |  |  | 43,568,942 |  |
Weighted average common shares outstanding-diluted |  |  |  |  |  |  |  |  |  |  | 43,568,942 |  |
Total |  |  |  |  |  |  |  |  |  |  | $ 882,167 |  |
Adjustment | Predecessor |  |  |  |  |  |  |  |  |  |  |  |  |
RESTATEMENT OF CONSOLIDATING FINANCIAL STATEMENTS OF THE PREDECESSOR COMPANY |  |  |  |  |  |  |  |  |  |  |  |  |
Reorganization items, net | (1,797,807) |  |  |  |  |  |  |  |  |  | (1,797,807) |  |
Loss before income taxes |  |  |  |  |  |  |  |  |  |  | (1,797,807) |  |
Net (loss) income |  |  |  |  |  |  |  |  |  |  | (1,797,807) |  |
Less: Net loss attributable to noncontrolling interest |  |  |  |  |  |  |  |  |  |  | (53,367) |  |
Net loss attributable to Genco Shipping & Trading Limited |  |  |  |  |  |  |  |  |  |  | (1,744,440) |  |
Discharge of Predecessor equity | (829,974) |  |  |  |  |  |  |  |  |  | (829,974) |  |
Issuance of Successor equity | (1,133,900) |  |  |  |  |  |  |  |  |  |  |  |
Recording of goodwill in fresh-start accounting | 166,067 |  |  |  |  |  |  |  |  |  | 166,067 |  |
Total | $ (1,797,807) |  |  |  |  |  |  |  |  |  | $ (1,797,807) |  |

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