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Consolidated Statements of Equity - USD ($) $ in Thousands | Series A Preferred Stock Preferred Stock | Genco Shipping & Trading Limited Shareholders' Equity | Common Stock | Additional Paid-in Capital | Accumulated Other Comprehensive Income (Loss) | Retained Deficit | Noncontrolling Interest | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
Balance (Predecessor) at Dec. 31, 2013 |  | $ 967,469 | $ 445 | $ 846,658 | $ 53,722 | $ 66,644 | $ 341,336 | $ 1,308,805
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |  |
Net loss | Predecessor |  | (951,149) |  |  |  | (951,149) | (62,101) | (1,013,250)
Change in unrealized gain/loss on investments | Predecessor |  | (25,766) |  |  | (25,766) |  |  | (25,766)
Other comprehensive income (loss) | Predecessor |  |  |  |  |  |  |  | (23,365)
Unrealized gain on cash flow hedges, net | Predecessor |  | 2,401 |  |  | 2,401 |  |  | 2,401
Nonvested stock amortization | Predecessor |  | 2,403 |  | 2,403 |  |  | 1,949 | 4,352
Cancellation of predecessor common stock and accumulated deficit |  | 34,930 | (445) | (849,130) |  | 884,505 |  | 34,930
Elimination of Predecessor accumulated other comprehensive income |  | (30,357) |  |  | (30,357) |  |  | (30,357)
Issuance of new equity interest in connection with emergence from Chapter 11, including the $100 Million Rights Offering — 60,299,757 shares |  | 1,233,000 | 60 | 1,232,940 |  |  |  | 1,233,000
Cash dividends paid by Baltic Trading Limited | Predecessor |  | (5) |  | (5) |  |  | (2,041) | (2,046)
Vesting of restricted shares issued by Baltic Trading Limited | Predecessor |  | 74 |  | 74 |  |  | (74) |
Balance at Jul. 09, 2014 |  | 1,233,000 | 60 | 1,232,940 |  |  | 279,069 | 1,512,069
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |  |
Subtotal - July 9, 2014 (Predecessor) | Predecessor |  | (4,573) | 445 | 849,130 | 30,357 | (884,505) | 279,069 | 274,496
Net loss |  | (182,294) |  |  |  | (182,294) | (31,064) | (213,358)
Change in unrealized gain/loss on investments |  |  |  |  |  |  |  | (25,317)
Other comprehensive income (loss) |  | (25,317) |  |  | (25,317) |  |  | (25,317)
Issuance of 111,060 and 61,244 shares of nonvested stock at December 31, 2016 and December 31, 2014, respectively |  |  | 1 | (1) |  |  |  |
Issuance of stock |  |  | 1 | (1) |  |  |  |
Nonvested stock amortization |  | 18,854 |  | 18,854 |  |  | 1,551 | 20,405
Cash dividends paid by Baltic Trading Limited |  | (3) |  | (3) |  |  | (1,022) | (1,025)
Vesting of restricted shares issued by Baltic Trading Limited |  | (39) |  | (39) |  |  | 39 |
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 |  | (194,897) |  |  |  | (194,897) | (59,471) | (254,368)
Change in unrealized gain/loss on investments |  |  |  |  |  |  |  | 25,296
Other comprehensive income (loss) |  | 25,296 |  |  | 25,296 |  |  | 25,296
Settlement of non-accredited Note holders |  | (462) |  | (462) |  |  |  | (462)
Equity effect of purchase of entities under common control |  | 590 |  | 590 |  |  |  | 590
Issuance of stock |  |  | 11 | (11) |  |  |  |
Elimination of non-controlling interest due to Merger |  | 194,375 |  | 194,375 |  |  | (194,375) |
Nonvested stock amortization |  | 36,863 |  | 36,863 |  |  | $ 5,273 | 42,136
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 |  | (217,757) |  |  |  | (217,757) |  | (217,757)
Change in unrealized gain/loss on investments |  |  |  |  |  |  |  | 21
Other comprehensive income (loss) |  | 21 |  |  | $ 21 |  |  | 21
Issuance of 111,060 and 61,244 shares of nonvested stock at December 31, 2016 and December 31, 2014, respectively |  |  | 1 | (1) |  |  |  |
Issuance of stock | $ 120,789 | 120,789 |  |  |  |  |  | 120,789
Nonvested stock amortization |  | 20,680 |  | 20,680 |  |  |  | 20,680
Balance at Dec. 31, 2016 | $ 120,789 | $ 1,029,699 | $ 74 | $ 1,503,784 |  | $ (594,948) |  | $ 1,029,699

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