XML 116 R101.htm IDEA: XBRL DOCUMENT
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SUBSEQUENT EVENTS (Details) $ / shares in Units, $ in Thousands |  |  |  |  |  | 3 Months Ended | 12 Months Ended
--- | --- | --- | --- | --- | --- | --- | ---
Mar. 04, 2019 $ / shares shares | Feb. 28, 2019 USD ($) item | Jan. 28, 2019 USD ($) | May 31, 2018 USD ($) | Feb. 27, 2018 shares | Mar. 31, 2019 USD ($) | Dec. 31, 2018 USD ($) shares | Dec. 31, 2017 USD ($) shares | Dec. 31, 2016 USD ($) shares
Subsequent Events |  |  |  |  |  |  |  |  |
Gain on sale of vessels |  |  |  |  |  |  | $ 3,513 | $ 7,712 | $ 3,555
Secured Debt | $460 Million Credit Facility |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  | $ 460,000 |  |  | $ 460,000 |  |
Reference rate |  |  |  | LIBOR |  |  |  |  |
Percentage limit of consolidated net income for which dividends can be paid |  |  |  | 50.00% |  |  |  |  |
Collateral vessel replacement period |  |  |  | 120 days |  |  |  |  |
Secured Debt | $460 Million Credit Facility | Minimum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  | 135.00% |  |  |  |  |
Secured Debt | $460 Million Credit Facility | Maximum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  |  |  | 200.00% |  |  |  |  |
2015 EIP Plan | Restricted Stock Units |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Granted (in shares) | shares |  |  |  |  | 37,346 |  | 51,704 | 317,595 | 66,666
Vesting period of awards |  |  |  |  |  |  | 3 years |  |
2015 EIP Plan | Stock Options |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Options to purchase (in shares) | shares |  |  |  |  | 122,608 |  | 122,608 | 133,000 |
Vesting percentage of awards |  |  |  |  | 33.33% |  |  |  |
Vesting period of awards |  |  |  |  | 3 years |  |  |  |
Subsequent Event | Genco Vigour |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Sale of assets |  |  | $ 6,550 |  |  |  |  |  |
Broker commission (as a percent) |  |  | 2.00% |  |  |  |  |  |
Subsequent Event | Secured Debt | $460 Million Credit Facility |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 460,000 |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $35,000 Scrubber Tranche |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 35,000 |  |  |  |  |  |  |
Number of the Capesize vessels to be financed | item |  | 17 |  |  |  |  |  |  |
Reference rate |  | LIBOR |  |  |  |  |  |  |
Percentage limit of consolidated net income for which dividends can be paid |  | 50.00% |  |  |  |  |  |  |
Collateral vessel replacement period |  | 180 days |  |  |  |  |  |  |
Number of collateral dispositions to invoke reinvestment right | item |  | 16 |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $35,000 Scrubber Tranche | Maximum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Collateral security maintenance test (as a percent) |  | 200.00% |  |  |  |  |  |  |
Subsequent Event | Forecast | Genco Vigour |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Gain on sale of vessels |  |  |  |  |  | $ 700 |  |  |
Subsequent Event | Period To March 30, 2020 | Secured Debt | $35,000 Scrubber Tranche |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Minimum amount required per borrowing |  | $ 5,000 |  |  |  |  |  |  |
Subsequent Event | Period To March 30, 2020 | Secured Debt | $35,000 Scrubber Tranche | Maximum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Percentage of scrubber costs to be financed |  | 90.00% |  |  |  |  |  |  |
Subsequent Event | Through September 30, 2019 | Secured Debt | $35,000 Scrubber Tranche |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Applicable margin over reference rate for interest payable |  | 2.50% |  |  |  |  |  |  |
Subsequent Event | Period After September 30, 2019 | Secured Debt | $35,000 Scrubber Tranche | Minimum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Applicable margin over reference rate for interest payable |  | 2.25% |  |  |  |  |  |  |
Subsequent Event | Period After September 30, 2019 | Secured Debt | $35,000 Scrubber Tranche | Maximum |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Applicable margin over reference rate for interest payable |  | 2.75% |  |  |  |  |  |  |
Subsequent Event | Period After March 31, 2020 | Secured Debt | $35,000 Scrubber Tranche |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Debt repayment profile |  | 4 years |  |  |  |  |  |  |
Quarterly repayment assuming maximum borrowed |  | $ 2,500 |  |  |  |  |  |  |
Subsequent Event | 2015 EIP Plan | RSUs and Stock Options |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Vesting percentage of awards | 33.00% |  |  |  |  |  |  |  |
Vesting period of awards | 3 years |  |  |  |  |  |  |  |
Subsequent Event | 2015 EIP Plan | Restricted Stock Units |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Granted (in shares) | shares | 106,079 |  |  |  |  |  |  |  |
Subsequent Event | 2015 EIP Plan | Stock Options |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |
Options to purchase (in shares) | shares | 240,540 |  |  |  |  |  |  |  |
Exercise price (in dollars per share) | $ / shares | $ 8.39 |  |  |  |  |  |  |  |

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