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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Dec. 31, 2019
Revenues:      
Total revenues $ 547,129 $ 355,560 $ 389,496
Operating expenses:      
Voyage expenses 146,182 156,985 173,043
Vessel operating expenses 82,089 87,420 96,209
Charter hire expenses 36,370 10,307 16,179
General and administrative expenses (inclusive of nonvested stock amortization expense of $2,267, $2,026 and $2,057, respectively) 24,454 21,266 24,516
Technical management fees 5,612 6,961 7,567
Depreciation and amortization 56,231 65,168 72,824
Impairment of vessel assets   208,935 27,393
(Gain) loss on sale of vessels (4,924) 1,855 168
Total operating expenses 346,014 558,897 417,899
Operating income (loss) 201,115 (203,337) (28,403)
Other income (expense):      
Other income (expense) 541 (851) 501
Interest income 154 1,028 4,095
Interest expense (15,357) (22,413) (31,955)
Impairment of right-of-use asset     (223)
Loss on debt extinguishment (4,408)    
Other expense, net (19,070) (22,236) (27,582)
Net income (loss) 182,045 (225,573) (55,985)
Less: Net loss attributable to noncontrolling interest 38    
Net income (loss) attributable to Genco Shipping & Trading Limited $ 182,007 $ (225,573) $ (55,985)
Net earnings (loss) per share-basic $ 4.33 $ (5.38) $ (1.34)
Net earnings (loss) per share-diluted $ 4.27 $ (5.38) $ (1.34)
Weighted average common shares outstanding-basic 42,060,996 41,907,597 41,762,893
Weighted average common shares outstanding-diluted 42,588,871 41,907,597 41,762,893
Voyage      
Revenues:      
Total revenues $ 547,129 $ 355,560 $ 389,496