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DEBT - $495 Million Credit Facility (Details)
$ in Thousands
3 Months Ended 12 Months Ended 16 Months Ended
Dec. 07, 2020
USD ($)
Jun. 05, 2020
Mar. 12, 2020
USD ($)
Dec. 10, 2019
Nov. 15, 2019
USD ($)
Nov. 05, 2019
USD ($)
Sep. 23, 2019
USD ($)
Aug. 28, 2019
USD ($)
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 ($)
Dec. 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Dec. 31, 2018
USD ($)
Dec. 31, 2020
USD ($)
Dec. 17, 2020
item
Repayment of the outstanding debt                                      
Total debt                           $ 495,824 $ 449,228 $ 495,824   $ 449,228  
Secured Debt | $495 Million Credit Facility                                      
Line of Credit Facility                                      
Maximum borrowing capacity                             495,000     495,000  
Drawdowns during the period                             11,250 21,500 $ 460,000 32,750  
Number of oldest vessels identified for sale for which debt will be paid down | item                         7            
Collateral vessel replacement period                         120 days            
Remaining borrowing capacity                             0     0  
Repayment of secured debt                             72,686 70,776 $ 15,000    
Long-term debt                           384,082 326,066 384,082   326,066  
Debt covenant to pay dividends or repurchase stock - Total cash and cash equivalents to total indebtedness (as a percent)           18.75%                          
Percentage limit of consolidated net income for which dividends can be paid           50.00%                          
Collateral vessel replacement extension period   360 days                 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                                      
2021                             66,642     66,642  
2022                             66,642     66,642  
2023                             201,004     201,004  
Total debt                           395,724 $ 334,288 $ 395,724   $ 334,288  
Secured Debt | $495 Million Credit Facility | Genco Raptor                                      
Line of Credit Facility                                      
Vessel sale proceeds utilized as a loan repayment $ 6,045                                    
Collateral vessel replacement period       360 days                              
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                                      
Maximum borrowing capacity                         $ 460,000            
Term of facilities                         5 years            
Drawdowns during the period                       $ 460,000              
Number of oldest vessels identified for sale for which debt will be paid down | item                         7            
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                                      
Amortization payments per quarter                         $ 190,000            
Final payment amount         182,440                            
Secured Debt | $460 Million Credit Facility | Period After December 30, 2019                                      
Line of Credit Facility                                      
Amount of periodic payment         14,321                            
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                  
Term of facilities                   4 years                  
Drawdowns during the period     $ 11,250       $ 12,200 $ 9,300                      
Number of Capesize vessels for which the scrubber installation will be financed | item                   17                  
Reference rate                   LIBOR                  
Amount of periodic payment                   $ 2,500                  
Final payment amount         1,904                            
Minimum amount required per borrowing                   $ 5,000                  
Secured Debt | $35,000 Scrubber Tranche | Period After March 31, 2020                                      
Line of Credit Facility                                      
Amount of periodic payment         $ 2,339                            
Secured Debt | $35,000 Scrubber Tranche | LIBOR | Through September 30, 2019                                      
Line of Credit Facility                                      
Applicable margin over reference rate (as a percent)                   2.50%                  
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 | LIBOR | 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                                      
Line of Credit Facility                                      
Percentage of scrubber costs to be financed                   90.00%                  
Secured Debt | Maximum | $35,000 Scrubber Tranche | LIBOR | Period After September 30, 2019                                      
Line of Credit Facility                                      
Applicable margin over reference rate (as a percent)                   2.75%                  
Agreement To Exchange Vessels | Ultramax Vessels                                      
Line of Credit Facility                                      
Number of vessels to be exchanged | item                                     3
Agreement To Exchange Vessels | Handysize Vessels                                      
Line of Credit Facility                                      
Number of vessels to be exchanged | item                                     6