XML 72 R49.htm IDEA: XBRL DOCUMENT v3.25.1

VESSEL ACQUISITIONS AND DISPOSITIONS (Details) $ in Thousands	Oct. 23, 2024 USD ($)	Oct. 04, 2024 USD ($)	Jul. 05, 2024 USD ($)	Apr. 22, 2024 USD ($)	Apr. 02, 2024 USD ($)	Feb. 24, 2024 USD ($)	Feb. 07, 2024 USD ($)	Oct. 03, 2024 USD ($) t
$500 Million Credit Facility
VESSEL ACQUISITIONS
Proceeds from secured debt	$ 20,000
Agreement to Purchase Capesize Vessels | Genco Intrepid
VESSEL ACQUISITIONS
Capacity of vessels | t								180,000
Purchase price per vessel								$ 47,500
Genco Commodus
Vessel Dispositions
Sale of assets							$ 19,500
Broker commission (as a percent)							1.00%
Genco Claudius
Vessel Dispositions
Sale of assets				$ 24,200
Broker commission (as a percent)				2.00%
Genco Claudius | Terminated Agreement to Purchase Vessel
Vessel Dispositions
Sale of assets						$ 18,500
Broker commission (as a percent)						1.00%
Genco Maximus
Vessel Dispositions
Sale of assets					$ 22,800
Broker commission (as a percent)					2.00%
Genco Maximus | Terminated Agreement to Purchase Vessel
Vessel Dispositions
Sale of assets						$ 18,000
Broker commission (as a percent)						1.00%
Genco Warrior
Vessel Dispositions
Sale of assets			$ 11,950
Broker commission (as a percent)			3.00%
Genco Hadrian
Vessel Dispositions
Sale of assets		$ 25,000
Broker commission (as a percent)		2.00%

X

- Definition

Represents brokerage commission payable in percentage to the third party.

+ References

No definition available.

+ Details

Name:	gnk_BrokerageCommission
Namespace Prefix:	gnk_
Data Type:	dtr-types:percentItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Represents the capacity of vessels expressed in deadweight tonnage (dwt), a measure of weight a ship is carrying or can safely carry.

+ References

No definition available.

+ Details

Name:	gnk_CapacityOfVesselsInDeadweightTonnage
Namespace Prefix:	gnk_
Data Type:	dtr-types:massItemType
Balance Type:	na
Period Type:	instant

X

- Definition

The value paid for each vessel purchased.

+ References

No definition available.

+ Details

Name:	gnk_PurchasePricePerVessel
Namespace Prefix:	gnk_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	instant

X

- Definition

Vessel Dispositions.

+ References

No definition available.

+ Details

Name:	gnk_VesselDispositionAbstract
Namespace Prefix:	gnk_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Topic 805
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Subparagraph (a)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479907/805-20-50-5

+ Details

Name:	us-gaap_BusinessAcquisitionLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration

X

- Definition

The cash inflow from a contractual arrangement with the lender, including letter of credit, standby letter of credit and revolving credit arrangements, under which borrowings can be made up to a specific amount at any point in time with maturities due beyond one year or the operating cycle, if longer.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 230
-SubTopic 10
-Section 45
-Paragraph 14
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-14

+ Details

Name:	us-gaap_ProceedsFromLongTermLinesOfCredit
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Definition

The cash inflow from the sale of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Topic 230
-SubTopic 10
-Name Accounting Standards Codification
-Section 45
-Paragraph 12
-Subparagraph (c)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482740/230-10-45-12

+ Details

Name:	us-gaap_ProceedsFromSaleOfPropertyPlantAndEquipment
Namespace Prefix:	us-gaap_
Data Type:	xbrli:monetaryItemType
Balance Type:	debit
Period Type:	duration

X

- Details

Name:	us-gaap_DebtInstrumentAxis=gnk_SeniorSecured500MillionCreditRevolverMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_TypeOfArrangementAxis=gnk_AgreementToPurchaseCapesizeDrybulkVesselsMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	gnk_VesselsByNameAxis=gnk_GencoIntrepidMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoCommodusMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoClaudiusMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_TypeOfArrangementAxis=gnk_AgreementToPurchaseVesselsTerminatedMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoMaximusMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoWarriorMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type:

X

- Details

Name:	us-gaap_LongLivedAssetsHeldForSaleByAssetTypeAxis=gnk_GencoHadrianMember
Namespace Prefix:
Data Type:	na
Balance Type:
Period Type: