XML 82 R68.htm IDEA: XBRL DOCUMENT v3.8.0.1
LONG-TERM DEBT - Sinosure Credit Facility (Details) - Sinosure Credit Facility
$ in Millions
12 Months Ended
Nov. 08, 2017
Nov. 07, 2017
Jun. 29, 2016
USD ($)
tranche
item
Dec. 01, 2015
USD ($)
item
Dec. 31, 2017
USD ($)
item
Term Loan          
Long-term debt          
Aggregate principal amount of other indebtedness undergoing change of control that triggers a change of control to debt facility | $       $ 259.6  
Consolidated leverage ratio 0.60 0.65      
Maximum borrowing capacity | $         $ 385.2
Loan maturity       144 months  
Additional accrual rate if failure to pay any amount due       2.00%  
VLCCs          
Long-term debt          
Number of vessels delivered         6
VLCCs | Term Loan          
Long-term debt          
New building vessels       3  
VLCCs | Gener8 Chiotis And Gener8 Miltiades | Term Loan          
Long-term debt          
Number of Term loan tranches | tranche     2    
Maximum borrowing capacity | $     $ 125.7    
Number of vessels to be delivered under contract     2    
LIBOR | Term Loan          
Long-term debt          
Margin on variable interest rate       2.00%  
Gener8 Maritime Sub VII          
Long-term debt          
Number of vessel owning subsidiaries       6  
Gener8 Maritime Sub VII | Term Loan          
Long-term debt          
Percentage of balloon payment to loan       20.00%  
Percentage of each installment amount of loan       1.67%