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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