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Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Genco Shipping & Trading Limited Shareholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income
Accumulated Deficit
Noncontrolling Interest
Total
Balance at Dec. 31, 2021 $ 916,587 $ 419 $ 1,702,166 $ 825 $ (786,823) $ 88 $ 916,675
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 41,689       41,689 176 41,865
Other comprehensive (loss) income 3,293     3,293     3,293
Issuance of shares due to vesting of RSUs and exercise of options, net of forfeitures   2 (2)        
Cash dividends declared (28,454)   (28,454)       (28,454)
Nonvested stock amortization 690   690       690
Balance at Mar. 31, 2022 933,805 421 1,674,400 4,118 (745,134) 264 934,069
Balance at Dec. 31, 2021 916,587 419 1,702,166 825 (786,823) 88 916,675
Increase (Decrease) in Shareholders' Equity              
Net income (loss)             89,490
Other comprehensive (loss) income             4,792
Balance at Jun. 30, 2022 949,952 423 1,641,664 5,617 (697,752) 507 950,459
Balance at Mar. 31, 2022 933,805 421 1,674,400 4,118 (745,134) 264 934,069
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 47,382       47,382 243 47,625
Other comprehensive (loss) income 1,499     1,499     1,499
Issuance of shares due to vesting of RSUs and exercise of options, net of forfeitures   2 (2)        
Cash dividends declared (33,560)   (33,560)       (33,560)
Nonvested stock amortization 826   826       826
Balance at Jun. 30, 2022 949,952 423 1,641,664 5,617 (697,752) 507 950,459
Balance at Dec. 31, 2022 967,433 423 1,588,777 6,480 (628,247) 876 968,309
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 2,634       2,634 226 2,860
Other comprehensive (loss) income (1,628)     (1,628)     (1,628)
Issuance of shares due to vesting of RSUs and exercise of options, net of forfeitures   2 (2)        
Cash dividends declared (21,516)   (21,516)       (21,516)
Nonvested stock amortization 1,559   1,559       1,559
Balance at Mar. 31, 2023 948,482 425 1,568,818 4,852 (625,613) 1,102 949,584
Balance at Dec. 31, 2022 967,433 423 1,588,777 6,480 (628,247) 876 968,309
Increase (Decrease) in Shareholders' Equity              
Net income (loss)             14,401
Other comprehensive (loss) income             (2,621)
Balance at Jun. 30, 2023 953,864 425 1,563,631 3,859 (614,051) 1,081 954,945
Balance at Mar. 31, 2023 948,482 425 1,568,818 4,852 (625,613) 1,102 949,584
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 11,562       11,562 (21) 11,541
Other comprehensive (loss) income (993)     (993)     (993)
Cash dividends declared (6,406)   (6,406)       (6,406)
Nonvested stock amortization 1,219   1,219       1,219
Balance at Jun. 30, 2023 $ 953,864 $ 425 $ 1,563,631 $ 3,859 $ (614,051) $ 1,081 $ 954,945