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GENERAL INFORMATION - Fresh-Start Adjustments (Details) - USD ($)
$ in Thousands
6 Months Ended
Jul. 09, 2014
Dec. 31, 2016
Dec. 31, 2015
Dec. 31, 2014
Jul. 10, 2014
Fresh-Start Adjustment, Increase (Decrease), Current Assets          
Cash and cash equivalents $ 136,077        
Restricted cash 9,975        
Due from charterers, net 13,194        
Prepaid expenses and other current assets 30,759        
Time charters acquired 450        
Total current assets 190,455        
Noncurrent assets:          
Vessels, net 1,538,849        
Deposits on vessels 30,975        
Deferred drydock, net 188        
Deferred financing costs, net 7,060        
Fixed assets, net 610        
Other noncurrent assets 514        
Restricted cash 300        
Investments 51,804        
Goodwill 166,067        
Total non current assets 1,796,367        
Total assets 1,986,822        
Current liabilities not subject to compromise:          
Accounts payable and accrued expenses 65,725        
Current portion of long-term debt 32,242        
Deferred revenue 997        
Total current liabilities not subject to compromise 98,964        
Noncurrent liabilities not subject to compromise:          
Long-term debt 375,789        
Total noncurrent liabilities not subject to compromises 375,789        
Total liabilities 474,753        
Equity:          
Common stock 603        
Additional paid-in capital 1,232,397        
Total Genco Shipping & Trading Limited shareholders’ equity 1,233,000        
Noncontrolling interest 279,069        
Total equity 1,512,069        
Total liabilities and equity 1,986,822        
Long-term debt, noncurrent   $ 508,444      
Deferred revenue   1,488 $ 1,058    
Accounts payable and accrued expenses   22,885 27,467    
Noncontrolling interest       $ 248,573  
Total current assets   172,605 172,529    
Vessels, net   1,354,760 1,508,221    
Deferred drydock, net   12,637 16,177    
Deferred financing costs, net     3,294    
Fixed assets, net   1,018 1,286    
Other noncurrent assets   514 514    
Restricted cash non-current   $ 27,426 315    
Investments     $ 12,327    
$100 Million Term Loan Facility          
Equity:          
Maximum borrowing capacity 100,000        
$253 Million Term Loan Facility          
Equity:          
Maximum borrowing capacity 253,000        
Exchange of Stock for Stock | Maximum          
Equity:          
Percentage of shares received of the emerging entity (as a percent)         50.00%
Debt Discharge and Equity Issuance          
Fresh-Start Adjustment, Increase (Decrease), Current Assets          
Cash and cash equivalents 87,526        
Total current assets 87,526        
Noncurrent assets:          
Deferred financing costs, net (11,893)        
Total non current assets (11,893)        
Total assets 75,633        
Current liabilities not subject to compromise:          
Accounts payable and accrued expenses (1,086)        
Total current liabilities not subject to compromise (1,086)        
Noncurrent liabilities not subject to compromise:          
Total liabilities subject to compromise (1,194,687)        
Total liabilities (1,195,773)        
Equity:          
Common stock 603        
Additional paid-in capital 1,232,397        
Accumulated other comprehensive income (30,357)        
Retained (deficit) earnings 918,338        
Total Genco Shipping & Trading Limited shareholders’ equity 1,271,406        
Total equity 1,271,406        
Total liabilities and equity 75,633        
Reclassification to retained (deficit) earnings related to the gain associated with the Company's investments 34,931        
Reclassification of initial equity to accounts payable 900        
Proceeds from rights offering 100,000        
Debt Discharge and Equity Issuance | 2007 Credit Facility          
Equity:          
Interest payable classified as liabilities subject to compromise 1,772        
Debt Discharge and Equity Issuance | Amended and Restated Term Loan Facility          
Equity:          
Payment of deferred financing fees 3,490        
Debt Discharge and Equity Issuance | $100 Million Term Loan Facility          
Equity:          
Interest payable classified as liabilities subject to compromise 59        
Line of Credit Facility Unpaid Amount 1,923        
Debt Discharge and Equity Issuance | $253 Million Term Loan Facility          
Equity:          
Interest payable classified as liabilities subject to compromise 156        
Line of Credit Facility Unpaid Amount 5,075        
Reinstatement Of Liabilities          
Current liabilities not subject to compromise:          
Accounts payable and accrued expenses 6,478        
Current portion of long-term debt 27,992        
Total current liabilities not subject to compromise 34,470        
Noncurrent liabilities not subject to compromise:          
Long-term debt 214,289        
Total noncurrent liabilities not subject to compromises 214,289        
Total liabilities subject to compromise (248,759)        
Equity:          
Lease obligations 815        
Pre-petition accounts payable 41        
Reinstatement Of Liabilities | DNB Bank ASA          
Equity:          
Termination of interest rate swap 5,622        
Reinstatement Of Liabilities | $100 Million Term Loan Facility          
Noncurrent liabilities not subject to compromise:          
Long-term debt 63,946        
Equity:          
Long-term debt, current 7,692        
Reinstatement Of Liabilities | $253 Million Term Loan Facility          
Noncurrent liabilities not subject to compromise:          
Long-term debt 150,343        
Equity:          
Long-term debt, current 20,300        
Revaluation Of Assets And Liabilities          
Fresh-Start Adjustment, Increase (Decrease), Current Assets          
Prepaid expenses and other current assets (41)        
Time charters acquired 450        
Total current assets 409        
Noncurrent assets:          
Vessels, net (1,065,882)        
Deposits on vessels 2,317        
Deferred drydock, net (16,396)        
Fixed assets, net (3,443)        
Goodwill 166,067        
Total non current assets (917,337)        
Total assets (916,928)        
Current liabilities not subject to compromise:          
Time charters acquired (16)        
Total current liabilities not subject to compromise (16)        
Noncurrent liabilities not subject to compromise:          
Long-term lease obligations (2,670)        
Total noncurrent liabilities not subject to compromises (2,670)        
Total liabilities (2,686)        
Equity:          
Retained (deficit) earnings (860,875)        
Total Genco Shipping & Trading Limited shareholders’ equity (860,875)        
Noncontrolling interest (53,367)        
Total equity (914,242)        
Total liabilities and equity (916,928)        
Vessels, net adjustment 1,083,404        
Prepaid and other current assets fair value adjustment 138        
Value of shares issued to pre-petition claimants 1,133,000        
Proceeds from rights offering 100,000        
Distributable Value 1,233,000        
Current portion of long-term debt 32,242        
Long-term debt, noncurrent 375,789        
Estimated fair value of debt 408,031        
Deferred revenue 997        
Accounts payable and accrued expenses 65,725        
Estimated fair value of non-debt liabilities 66,722        
Noncontrolling interest 279,069        
Reorganization value of assets 1,986,822        
Estimated fair value of assets (excluding goodwill) (a) (1,820,755)        
Goodwill 166,067        
Total current assets 190,455        
Vessels, net 1,538,849        
Deposits Assets 30,975        
Deferred drydock, net 188        
Deferred financing costs, net 7,060        
Fixed assets, net 610        
Other noncurrent assets 514        
Restricted cash non-current 300        
Investments 51,804        
Total assets excluding goodwill 1,820,755        
Revaluation Of Assets And Liabilities | Baltic Trading          
Equity:          
Noncontrolling interest asset revaluation adjustment 74,355        
Noncontrolling interest, goodwill adjustment 24,022        
Noncontrolling interest, additional revaluation adjustment 3,034        
Predecessor          
Fresh-Start Adjustment, Increase (Decrease), Current Assets          
Cash and cash equivalents 48,551        
Restricted cash 9,975        
Due from charterers, net 13,194        
Prepaid expenses and other current assets 30,800        
Total current assets 102,520        
Noncurrent assets:          
Vessels, net 2,604,731        
Deposits on vessels 28,658        
Deferred drydock, net 16,584        
Deferred financing costs, net 18,953        
Fixed assets, net 4,053        
Other noncurrent assets 514        
Restricted cash 300        
Investments 51,804        
Total non current assets 2,725,597        
Total assets 2,828,117        
Current liabilities not subject to compromise:          
Accounts payable and accrued expenses 60,333        
Current portion of long-term debt 4,250        
Deferred revenue 997        
Time charters acquired 16        
Total current liabilities not subject to compromise 65,596        
Noncurrent liabilities not subject to compromise:          
Long-term lease obligations 2,670        
Long-term debt 161,500        
Total noncurrent liabilities not subject to compromises 164,170        
Total liabilities subject to compromise 1,443,446        
Total liabilities 1,673,212        
Equity:          
Common stock 445        
Additional paid-in capital 849,130        
Accumulated other comprehensive income 30,357        
Retained (deficit) earnings (57,463)        
Total Genco Shipping & Trading Limited shareholders’ equity 822,469        
Noncontrolling interest 332,436        
Total equity 1,154,905        
Total liabilities and equity 2,828,117        
The elimination of deferred financing fees associated with the discharged obligations (15,383)        
The elimination of accumulated other comprehensive income related to interest rate swaps associated with the discharged obligations (4,574)        
Issuance of Successor common stock (1,133,900)        
Net gain on the discharge of Predecessor liabilities related to liabilities subject to compromise and associated issuance of Successor equity 33,832        
Proceeds from rights offering 100,000        
Goodwill 166,067        
Predecessor | Debt Discharge and Equity Issuance          
Equity:          
Common stock (445)        
Additional paid-in capital (849,130)        
Predecessor | Debt Discharge and Equity Issuance | 2010 Notes          
Equity:          
Discharge of debt outstanding 117,473        
Discharge of coupon interest on the 2010 Notes liability 1,105        
Predecessor | Debt Discharge and Equity Issuance | 2007 Credit Facility          
Equity:          
Discharge of debt outstanding 1,055,912        
Discharge of the long-term interest payable due pursuant to the 2007 Credit Facility 13,199        
Predecessor | Revaluation Of Assets And Liabilities          
Fresh-Start Adjustment, Increase (Decrease), Current Assets          
Prepaid expenses and other current assets 179        
Time charters acquired $ 434