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Consolidated Statements of Operations - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Dec. 31, 2020
Revenues:      
Total revenues $ 536,934 $ 547,129 $ 355,560
Operating expenses:      
Voyage expenses 153,889 146,182 156,985
Vessel operating expenses 99,469 82,089 87,420
Charter hire expenses 27,130 36,370 10,307
General and administrative expenses (inclusive of nonvested stock amortization expense of $3,242, $2,267 and $2,026, respectively) 25,708 24,454 21,266
Technical management fees 3,310 5,612 6,961
Depreciation and amortization 60,190 56,231 65,168
Impairment of vessel assets 0 0 208,935
(Gain) loss on sale of vessels   (4,924) 1,855
Total operating expenses 369,696 346,014 558,897
Operating income (loss) 167,238 201,115 (203,337)
Other income (expense):      
Other income (expense) 178 541 (851)
Interest income 1,042 154 1,028
Interest expense (9,094) (15,357) (22,413)
Loss on debt extinguishment   (4,408)  
Other expense, net (7,874) (19,070) (22,236)
Net income (loss) 159,364 182,045 (225,573)
Less: Net income attributable to noncontrolling interest 788 38  
Net income (loss) attributable to Genco Shipping & Trading Limited $ 158,576 $ 182,007 $ (225,573)
Earnings (loss) per share-basic $ 3.74 $ 4.33 $ (5.38)
Earnings (loss) per share-diluted $ 3.70 $ 4.27 $ (5.38)
Weighted average common shares outstanding-basic 42,412,722 42,060,996 41,907,597
Weighted average common shares outstanding-diluted 42,915,496 42,588,871 41,907,597
Voyage      
Revenues:      
Total revenues $ 536,934 $ 547,129 $ 355,560