Condensed Consolidated Balance Sheets - USD ($) $ in Thousands	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 42,033	$ 46,542
Due from charterers, net of a reserve of $2,289 and $3,257, respectively	29,669	17,815
Prepaid expenses and other current assets	8,304	10,154
Inventories	24,407	26,749
Vessels held for sale	31,507	55,440
Total current assets	135,920	157,272
Noncurrent assets:
Vessels, net of accumulated depreciation of $299,317 and $296,452, respectively	887,897	945,114
Deferred drydock, net of accumulated amortization of $28,282 and $23,047 respectively	24,826	29,502
Fixed assets, net of accumulated depreciation and amortization of $8,502 and $8,063, respectively	7,127	7,071
Operating lease right-of-use assets	1,889	2,628
Restricted cash	315	315
Total noncurrent assets	922,054	984,630
Total assets	1,057,974	1,141,902
Current liabilities:
Accounts payable and accrued expenses	27,961	24,245
Deferred revenue	7,569	8,746
Current operating lease liabilities	2,355	2,295
Total current liabilities:	37,885	35,286
Noncurrent liabilities:
Long-term operating lease liabilities	608	1,801
Long-term debt, net of deferred financing costs of $8,834 and $9,831, respectively	96,166	190,169
Total noncurrent liabilities	96,774	191,970
Total liabilities	134,659	227,256
Commitments and contingencies (Note 14)
Equity:
Common stock, par value $0.01; 500,000,000 shares authorized; 42,757,895 and 42,546,959 shares issued and outstanding as of June 30, 2024 and December 31, 2023, respectively	427	425
Additional paid-in capital	1,520,179	1,553,421
Accumulated other comprehensive income		527
Accumulated deficit	(598,852)	(641,117)
Total Genco Shipping & Trading Limited shareholders' equity	921,754	913,256
Noncontrolling interest	1,561	1,390
Total equity	923,315	914,646
Total liabilities and equity	$ 1,057,974	1,141,902
Interest rate caps
Current assets:
Fair value of derivative instruments		$ 572