XML 72 R59.htm IDEA: XBRL DOCUMENT v3.8.0.1
VESSEL ACQUISITIONS AND DISPOSITIONS (Details)
$ in Thousands
12 Months Ended
May 16, 2017
USD ($)
Mar. 19, 2017
USD ($)
Feb. 16, 2017
USD ($)
Feb. 09, 2017
USD ($)
Jan. 09, 2017
USD ($)
Dec. 12, 2016
USD ($)
Nov. 04, 2016
USD ($)
Oct. 26, 2016
USD ($)
Oct. 21, 2016
USD ($)
Oct. 20, 2016
USD ($)
May 17, 2016
USD ($)
Dec. 30, 2014
USD ($)
Dec. 31, 2017
USD ($)
Dec. 31, 2016
USD ($)
Dec. 31, 2015
USD ($)
Nov. 10, 2016
USD ($)
Jul. 14, 2015
USD ($)
Dec. 31, 2014
USD ($)
Nov. 13, 2013
USD ($)
item
Aug. 12, 2010
USD ($)
Baltic Trading Limited                                        
VESSEL ACQUISITIONS                                        
Capitalized interest associated with new building contracts                         $ 0 $ 0 $ 372          
Baltic Trading Limited | Baltic Wasp                                        
VESSEL ACQUISITIONS                                        
Final payment for vessel                       $ 19,645                
Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading Limited                                        
VESSEL ACQUISITIONS                                        
Number of vessels committed to be acquired under purchase agreement | item                                     2  
Purchase price per vessel                                     $ 28,000  
Capacity of Vessels in Deadweight Tonnage | item                                     64,000  
Yangfan Group Co., LTD | Agreement to Purchase Ultramax Drybulk Vessels | Baltic Trading Limited | Maximum                                        
VESSEL ACQUISITIONS                                        
Number of vessels committed to be acquired under purchase agreement | item                                     4  
Aggregate purchase price for vessels                                     $ 112,000  
Number of vessels purchased under option to be acquired per purchase agreement | item                                     2  
Line of Credit Facility | $148 Million Credit Facility                                        
VESSEL ACQUISITIONS                                        
Face amount of term loan facility                         148,000 148,000 148,000   $ 148,000 $ 148,000    
Secured Debt | $100 Million Term Loan Facility                                        
VESSEL ACQUISITIONS                                        
Repayment of secured debt                         0 60,099 7,692          
Face amount of term loan facility                           100,000 100,000         $ 100,000
Secured Debt | $400 Million Credit Facility                                        
VESSEL ACQUISITIONS                                        
Repayment of secured debt                         400 0 $ 0          
Face amount of term loan facility                         $ 400,000 $ 400,000   $ 400,000        
Genco Prosperity                                        
VESSEL ACQUISITIONS                                        
Sale of assets $ 3,050                                      
Broker commission (as a percent) 3.50%                                      
Genco Success                                        
VESSEL ACQUISITIONS                                        
Sale of assets   $ 2,800                                    
Broker commission (as a percent)   3.00%                                    
Genco Carrier                                        
VESSEL ACQUISITIONS                                        
Sale of assets     $ 3,560                                  
Brokerage commission     $ 92                                  
Genco Reliance                                        
VESSEL ACQUISITIONS                                        
Sale of assets       $ 3,500                                
Broker commission (as a percent)       3.50%                                
Genco Wisdom                                        
VESSEL ACQUISITIONS                                        
Sale of assets         $ 3,250                              
Broker commission (as a percent)         3.50%                              
Genco Acheron                                        
VESSEL ACQUISITIONS                                        
Sale of assets           $ 3,480                            
Broker commission (as a percent)           5.50%                            
Genco Leader                                        
VESSEL ACQUISITIONS                                        
Sale of assets             $ 3,470                          
Broker commission (as a percent)             3.00%                          
Genco Leader | Line of Credit Facility | $148 Million Credit Facility                                        
VESSEL ACQUISITIONS                                        
Repayment of secured debt             $ 3,366                          
Face amount of term loan facility             $ 148,000                          
Genco Pioneer                                        
VESSEL ACQUISITIONS                                        
Sale of assets               $ 2,650                        
Broker commission (as a percent)               5.50%                        
Genco Pioneer | Line of Credit Facility | $148 Million Credit Facility                                        
VESSEL ACQUISITIONS                                        
Repayment of secured debt               $ 2,504                        
Face amount of term loan facility               $ 148,000                        
Genco Sugar                                        
VESSEL ACQUISITIONS                                        
Sale of assets                   $ 2,450                    
Broker commission (as a percent)                   5.50%                    
Genco Sugar | Secured Debt | $100 Million Term Loan Facility                                        
VESSEL ACQUISITIONS                                        
Repayment of secured debt                 $ 2,315                      
Face amount of term loan facility                 $ 100,000                      
Genco Marine                                        
VESSEL ACQUISITIONS                                        
Sale of assets                     $ 2,187                  
Broker commission (as a percent)                     2.00%