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Consolidated Statements of Equity - USD ($)
$ in Thousands
Series A Preferred Stock
Preferred Stock
Genco Shipping & Trading Limited Shareholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Other Comprehensive Income (Loss)
Retained Deficit
Noncontrolling Interest
Total
Balance (Predecessor) at Dec. 31, 2013   $ 967,469 $ 445 $ 846,658 $ 53,722 $ 66,644 $ 341,336 $ 1,308,805
Increase (Decrease) in Shareholders' Equity                
Net loss | Predecessor   (951,149)       (951,149) (62,101) (1,013,250)
Change in unrealized gain/loss on investments | Predecessor   (25,766)     (25,766)     (25,766)
Other comprehensive income (loss) | Predecessor               (23,365)
Unrealized gain on cash flow hedges, net | Predecessor   2,401     2,401     2,401
Nonvested stock amortization | Predecessor   2,403   2,403     1,949 4,352
Cancellation of predecessor common stock and accumulated deficit   34,930 (445) (849,130)   884,505   34,930
Elimination of Predecessor accumulated other comprehensive income   (30,357)     (30,357)     (30,357)
Issuance of new equity interest in connection with emergence from Chapter 11, including the $100 Million Rights Offering — 60,299,757 shares   1,233,000 60 1,232,940       1,233,000
Cash dividends paid by Baltic Trading Limited | Predecessor   (5)   (5)     (2,041) (2,046)
Vesting of restricted shares issued by Baltic Trading Limited | Predecessor   74   74     (74)  
Balance at Jul. 09, 2014   1,233,000 60 1,232,940     279,069 1,512,069
Increase (Decrease) in Shareholders' Equity                
Subtotal - July 9, 2014 (Predecessor) | Predecessor   (4,573) 445 849,130 30,357 (884,505) 279,069 274,496
Net loss   (182,294)       (182,294) (31,064) (213,358)
Change in unrealized gain/loss on investments               (25,317)
Other comprehensive income (loss)   (25,317)     (25,317)     (25,317)
Issuance of 111,060 and 61,244 shares of nonvested stock at December 31, 2016 and December 31, 2014, respectively     1 (1)        
Issuance of stock     1 (1)        
Nonvested stock amortization   18,854   18,854     1,551 20,405
Cash dividends paid by Baltic Trading Limited   (3)   (3)     (1,022) (1,025)
Vesting of restricted shares issued by Baltic Trading Limited   (39)   (39)     39  
Balance at Dec. 31, 2014   1,044,201 62 1,251,750 (25,317) (182,294) 248,573 1,292,774
Increase (Decrease) in Shareholders' Equity                
Net loss   (194,897)       (194,897) (59,471) (254,368)
Change in unrealized gain/loss on investments               25,296
Other comprehensive income (loss)   25,296     25,296     25,296
Settlement of non-accredited Note holders   (462)   (462)       (462)
Equity effect of purchase of entities under common control   590   590       590
Issuance of stock     11 (11)        
Elimination of non-controlling interest due to Merger   194,375   194,375     (194,375)  
Nonvested stock amortization   36,863   36,863     $ 5,273 42,136
Balance at Dec. 31, 2015   1,105,966 73 1,483,105 (21) (377,191)   1,105,966
Increase (Decrease) in Shareholders' Equity                
Net loss   (217,757)       (217,757)   (217,757)
Change in unrealized gain/loss on investments               21
Other comprehensive income (loss)   21     $ 21     21
Issuance of 111,060 and 61,244 shares of nonvested stock at December 31, 2016 and December 31, 2014, respectively     1 (1)        
Issuance of stock $ 120,789 120,789           120,789
Nonvested stock amortization   20,680   20,680       20,680
Balance at Dec. 31, 2016 $ 120,789 $ 1,029,699 $ 74 $ 1,503,784   $ (594,948)   $ 1,029,699