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v3.21.2

SUBSEQUENT EVENTS (Details) $ / shares in Units, $ in Thousands |  |  |  |  |  |  |  |  | 3 Months Ended | 6 Months Ended |
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Aug. 04, 2021 USD ($) $ / shares | Aug. 03, 2021 USD ($) | Jul. 26, 2021 USD ($) | Jul. 13, 2021 USD ($) | Jul. 06, 2021 USD ($) | Jul. 02, 2021 USD ($) item | Jun. 05, 2020 | Jun. 04, 2020 | Dec. 31, 2021 USD ($) | Sep. 30, 2021 USD ($) | Jun. 30, 2021 USD ($) $ / shares | Mar. 31, 2021 $ / shares | Jun. 30, 2020 $ / shares | Mar. 31, 2020 $ / shares | Jun. 30, 2021 USD ($) | Dec. 31, 2020 USD ($)
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends declared per share of common stock | $ / shares |  |  |  |  |  |  |  |  |  |  | $ 0.05 | $ 0.02 | $ 0.02 | $ 0.175 |  |
Restricted cash, current |  |  |  |  |  |  |  |  |  |  | $ 44,606 |  |  |  | $ 44,606 | $ 35,492
Secured Debt | $495 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  |  |  |  |  |  |  |  |  |  | 495,000 |  |  |  | 495,000 |
Restricted cash, current |  |  |  |  |  |  |  |  |  |  | $ 44,606 |  |  |  | $ 44,606 | $ 35,492
Period for which sales proceeds from vessels will remain as restricted cash |  |  |  |  |  |  |  |  |  |  |  |  |  |  | 360 days |
Collateral vessel replacement period |  |  |  |  |  |  | 360 days | 180 days |  |  |  |  |  |  | 360 days |
Subsequent Event |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Dividends declared per share of common stock | $ / shares | $ 0.10 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Aggregate amount of dividend | $ 4,200 |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | Genco Lorraine |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of assets |  |  |  |  | $ 7,950 |  |  |  |  |  |  |  |  |  |  |
Broker commission (as a percent) |  |  |  |  | 2.50% |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | $450 Million Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 450,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Term of facilities |  | 5 years |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | $150 Term Loan Million Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 150,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | $300 Million Revolving Credit Facility |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Maximum borrowing capacity |  | $ 300,000 |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $495 Million Credit Facility | Genco Lorraine |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Restricted cash, current |  |  |  |  | $ 4,144 |  |  |  |  |  |  |  |  |  |  |
Period for which sales proceeds from vessels will remain as restricted cash |  |  |  |  | 360 days |  |  |  |  |  |  |  |  |  |  |
Collateral vessel replacement period |  |  |  |  | 360 days |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $495 Million Credit Facility | Baltic Wind |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel sale proceeds utilized as a loan repayment |  |  |  |  |  | $ 4,575 |  |  |  |  |  |  |  |  |  |
Subsequent Event | Secured Debt | $495 Million Credit Facility | Baltic Breeze |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Vessel sale proceeds utilized as a loan repayment |  |  | $ 4,797 |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | Forecast | Minimum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on debt extinguishment |  |  |  |  |  |  |  |  |  | $ 4,000 |  |  |  |  |  |
Subsequent Event | Forecast | Maximum |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Loss on debt extinguishment |  |  |  |  |  |  |  |  |  | $ 5,000 |  |  |  |  |  |
Subsequent Event | Forecast | Genco Provence |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Sale of assets |  |  |  |  |  |  |  |  | $ 13,250 |  |  |  |  |  |  |
Broker commission (as a percent) |  |  |  |  |  |  |  |  | 2.50% |  |  |  |  |  |  |
Subsequent Event | Agreement To Purchase Ultramax Vessels |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Payments for vessel deposits |  |  |  | $ 14,200 |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Event | Agreement To Purchase 2017 Ultramax Vessels |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of vessels purchased | item |  |  |  |  |  | 2 |  |  |  |  |  |  |  |  |  |
Capacity of vessels | item |  |  |  |  |  | 63,000 |  |  |  |  |  |  |  |  |  |
Purchase price per vessel |  |  |  |  |  | $ 24,563 |  |  |  |  |  |  |  |  |  |
Subsequent Event | Agreement To Purchase 2014 Ultramax Vessel |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Subsequent Events |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Number of vessels purchased | item |  |  |  |  |  | 1 |  |  |  |  |  |  |  |  |  |
Capacity of vessels | item |  |  |  |  |  | 63,000 |  |  |  |  |  |  |  |  |  |
Purchase price per vessel |  |  |  |  |  | $ 21,875 |  |  |  |  |  |  |  |  |  |

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