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DEBT - $495 Million Credit Facility (Details)
$ in Thousands
12 Months Ended
Dec. 30, 2019
USD ($)
Nov. 15, 2019
USD ($)
Nov. 05, 2019
USD ($)
Sep. 23, 2019
USD ($)
Aug. 28, 2019
USD ($)
Jul. 05, 2019
USD ($)
May 10, 2019
USD ($)
Apr. 15, 2019
USD ($)
Feb. 28, 2019
USD ($)
item
Feb. 13, 2019
Jun. 05, 2018
USD ($)
May 31, 2018
USD ($)
item
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2017
USD ($)
Repayment of the outstanding debt                              
Total debt                         $ 495,824 $ 551,420  
Secured Debt | $495 Million Credit Facility                              
Line of Credit Facility                              
Maximum borrowing capacity                 $ 495,000       495,000 495,000  
Debt covenant to pay dividends or repurchase stock - Total cash and cash equivalents to total indebtedness (as a percent)     18.75%                        
Number of oldest vessels identified for sale for which debt will be paid down | item                       7      
Remaining borrowing capacity                         12,525    
Drawdowns during the period                         21,500 460,000  
Repayment of secured debt                         70,776 15,000 $ 0
Long-term debt                         384,082 430,577  
Percentage limit of consolidated net income for which dividends can be paid     50.00%                        
Collateral vessel replacement period                       120 days      
Collateral vessel replacement extension period                   180 days          
Key covenant - Unrestricted cash and cash equivalents minimum                       $ 30,000      
Key covenant – Percentage of unrestricted cash to total indebtedness                       7.50%      
Minimum restricted cash required                       $ 0      
Minimum working capital required                       $ 0      
Maximum total indebtedness to total capitalization (as a ratio)                       0.70      
Key covenant – Minimum time charters period                       24 months      
Repayment of the outstanding debt                              
2020                         63,427    
2021                         63,427    
2022                         63,427    
2023                         205,443    
Total debt                         395,724 $ 445,000  
Secured Debt | $495 Million Credit Facility | Genco Champion and Genco Challenger                              
Line of Credit Facility                              
Vessel sale proceeds utilized as a loan repayment     $ 6,880                   $ 6,880    
Collateral vessel replacement period   180 days                          
Secured Debt | $495 Million Credit Facility | Genco Cavalier                              
Line of Credit Facility                              
Vessel sale proceeds utilized as a loan repayment               $ 4,947              
Secured Debt | $460 Million Credit Facility                              
Line of Credit Facility                              
Term of facilities                       5 years      
Maximum borrowing capacity                       $ 460,000      
Number of oldest vessels identified for sale for which debt will be paid down | item                       7      
Drawdowns during the period                     $ 460,000        
Reference rate                       LIBOR      
Prepayment of amortization payment before due date           $ 15,000 $ 15,000                
Amount of periodic payment $ 14,321                            
Repaid value of loan when certain debt terms are met                       $ 0      
Average age of collateral vessels for repayment of loan                       17 years      
Secured Debt | $460 Million Credit Facility | Period after December 31, 2018                              
Line of Credit Facility                              
Amortization payments per quarter                       $ 15,000      
Secured Debt | $460 Million Credit Facility | Period upon final maturity on May 31, 2023                              
Line of Credit Facility                              
Final payment amount $ 188,049                     $ 190,000      
Secured Debt | $460 Million Credit Facility | LIBOR | Through December 31, 2018                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                       3.25%      
Secured Debt | $35,000 Scrubber Tranche                              
Line of Credit Facility                              
Maximum borrowing capacity   $ 34,025 35,000           $ 35,000            
Drawdowns during the period       $ 12,200 $ 9,300                    
Number of Capesize vessels for which the scrubber installation will be financed | item                 17            
Secured Debt | $35,000 Scrubber Tranche | Period To March 30, 2020                              
Line of Credit Facility                              
Minimum amount required per borrowing                 $ 5,000            
Secured Debt | $35,000 Scrubber Tranche | Through September 30, 2019                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                 2.50%            
Secured Debt | $35,000 Scrubber Tranche | Period After March 31, 2020                              
Line of Credit Facility                              
Term of facilities                 4 years            
Amount of periodic payment   $ 2,430             $ 2,500            
Secured Debt | Minimum | $495 Million Credit Facility                              
Line of Credit Facility                              
Debt covenant to pay dividends or repurchase stock - Total cash and cash equivalents     $ 100,000                        
Collateral security maintenance test (as a percent)                       135.00%      
Secured Debt | Minimum | $460 Million Credit Facility | LIBOR | Period after December 31, 2018                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                       3.00%      
Secured Debt | Minimum | $35,000 Scrubber Tranche | Period After September 30, 2019                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                 2.25%            
Secured Debt | Maximum | $495 Million Credit Facility                              
Line of Credit Facility                              
Collateral security maintenance test (as a percent)     200.00%                        
Secured Debt | Maximum | $460 Million Credit Facility | LIBOR | Period after December 31, 2018                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                       3.50%      
Secured Debt | Maximum | $35,000 Scrubber Tranche | Period To March 30, 2020                              
Line of Credit Facility                              
Percentage of scrubber costs to be financed                 90.00%            
Secured Debt | Maximum | $35,000 Scrubber Tranche | Period After September 30, 2019                              
Line of Credit Facility                              
Applicable margin over reference rate (as a percent)                 2.75%