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Earnings per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted [Table Text Block]
The following table sets forth the computation of basic and diluted earnings per common share for the three months ended March 31, 2014 and 2013 (in thousands, except per share amounts):
 
Three Months Ended
 
March 31,
 
2014
 
2013
Numerators:
 
 
 
Net income attributable to Genesee & Wyoming Inc. common stockholders
$
40,004

 
$
82,563

Less: Series A-1 Preferred Stock dividend

 
2,139

Net income available to common stockholders
$
40,004

 
$
80,424

Denominators:
 
 
 
Weighted average Class A common shares outstanding - Basic
54,841

 
51,332

Weighted average Class B common shares outstanding
1,609

 
1,726

Dilutive effect of employee stock-based awards
455

 
513

Dilutive effect of Series A-1 Preferred Stock

 
2,925

Weighted average shares - Diluted
56,905

 
56,496

Earnings per common share attributable to Genesee & Wyoming Inc. common stockholders:
 
 
 
Basic earnings per common share
$
0.73

 
$
1.57

Diluted earnings per common share
$
0.70

 
$
1.46

Schedule of Antidilutive Securities Excluded from Computation of Earnings Per Share [Table Text Block]
The following total number of Class A common stock issuable under the assumed exercise of stock options computed based on the treasury stock method were excluded from the calculation of diluted earnings per common share, as the effect of including these shares would have been anti-dilutive (in thousands):
 
Three Months Ended
 
March 31,
 
2014
 
2013
Anti-dilutive shares
186

 
102