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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 (Loss) Income | Retained Earnings | Noncontrolling Interest | Total
--- | --- | --- | --- | --- | --- | --- | --- | ---
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)
Other comprehensive income |  | 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 shares |  |  | 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)
Other comprehensive income |  | 21 |  |  | $ 21 |  |  | 21
Issuance of shares | $ 120,789 | 120,789 |  |  |  |  |  | 120,789
Issuance of 61,244 shares of nonvested stock |  |  | 1 | (1) |  |  |  |
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
Increase (Decrease) in Shareholders' Equity |  |  |  |  |  |  |  |
Net loss |  | (58,725) |  |  |  | (58,725) |  | (58,725)
Conversion of 27,061,856 shares of Series A Preferred Stock | $ (120,789) |  | 270 | 120,519 |  |  |  |
Issuance of 115,700 and 3,138 shares of vested RSUs for the years ended 2017 and 2016, respectively |  |  | 1 | (1) |  |  |  |
Nonvested stock amortization |  | 4,053 |  | 4,053 |  |  |  | 4,053
Balance at Dec. 31, 2017 |  | $ 975,027 | $ 345 | $ 1,628,355 |  | $ (653,673) |  | $ 975,027

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