Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2016	Dec. 31, 2015
Noncurrent assets:
Vessels, accumulated depreciation	$ 163,053	$ 107,998
Deferred drydock, accumulated amortization	6,340	3,207
Deferred financing costs, accumulated amortization	0	734
Fixed assets, accumulated depreciation and amortization	759	404
Current liabilities:
Deferred finance costs, current	0	9,411
Deferred finance costs, noncurrent	$ 11,357	$ 0
Genco Shipping & Trading Limited shareholders' equity:
Common stock, par value (in dollars per share)	$ 0.01	$ 0.01
Common stock, shares authorized (in shares)	500,000,000	500,000,000
Common stock, shares issued (in shares)	7,354,449	7,289,823
Common stock, shares outstanding (in shares)	7,354,449	7,289,823
Series A Preferred Stock
Genco Shipping & Trading Limited shareholders' equity:
Preferred stock, par value (in dollars per share)	$ 0.01	$ 0.01
Aggregate liquidation preference	$ 120,789	$ 0