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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, 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 (1,628)     (1,628)     (1,628)
Issuance of shares due to vesting of RSUs and exercise of options   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)             (17,463)
Other comprehensive loss             (4,223)
Balance at Sep. 30, 2023 915,168 425 1,558,541 2,257 (646,055) 1,221 916,389
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 (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
Increase (Decrease) in Shareholders' Equity              
Net income (loss) (32,004)       (32,004) 140 (31,864)
Other comprehensive loss (1,602)     (1,602)     (1,602)
Cash dividends declared (6,487)   (6,487)       (6,487)
Nonvested stock amortization 1,397   1,397       1,397
Balance at Sep. 30, 2023 915,168 425 1,558,541 2,257 (646,055) 1,221 916,389
Balance at Dec. 31, 2023 913,256 425 1,553,421 527 (641,117) 1,390 914,646
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 18,798       18,798 145 18,943
Other comprehensive loss (527)     (527)     (527)
Issuance of shares due to vesting of RSUs and exercise of options   2 (2)        
Cash dividends declared (17,814)   (17,814)       (17,814)
Nonvested stock amortization 1,382   1,382       1,382
Balance at Mar. 31, 2024 915,095 427 1,536,987   (622,319) 1,535 916,630
Balance at Dec. 31, 2023 913,256 425 1,553,421 $ 527 (641,117) 1,390 914,646
Increase (Decrease) in Shareholders' Equity              
Net income (loss)             64,010
Other comprehensive loss             (527)
Balance at Sep. 30, 2024 929,943 427 1,506,909   (577,393) 1,676 931,619
Balance at Mar. 31, 2024 915,095 427 1,536,987   (622,319) 1,535 916,630
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 23,467       23,467 26 23,493
Cash dividends declared (18,259)   (18,259)       (18,259)
Nonvested stock amortization 1,451   1,451       1,451
Balance at Jun. 30, 2024 921,754 427 1,520,179   (598,852) 1,561 923,315
Increase (Decrease) in Shareholders' Equity              
Net income (loss) 21,459       21,459 115 21,574
Cash dividends declared (14,778)   (14,778)       (14,778)
Nonvested stock amortization 1,508   1,508       1,508
Balance at Sep. 30, 2024 $ 929,943 $ 427 $ 1,506,909   $ (577,393) $ 1,676 $ 931,619