Quarterly
Annual
| Unit: USD | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2016-03-31 | 2015-06-30 | 2014-09-30 | 2013-12-31 | 2013-09-30 | 2013-06-30 | 2013-03-31 | 2012-12-31 | 2012-09-30 | 2012-06-30 | 2012-03-31 | 2011-12-31 | 2011-09-30 | 2011-06-30 | 2011-03-31 | 2010-12-31 | 2010-09-30 | 2010-06-30 | 2010-03-31 | 2009-12-31 | 2009-09-30 | 2009-06-30 | 2008-09-30 | 2008-06-30 | 2008-03-31 | 2007-12-31 | 2007-09-30 | 2007-06-30 | 2007-03-31 | 2006-12-31 | 2006-09-30 | 2006-06-30 | 2006-03-31 | 2005-12-31 |
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assets | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 89,951,000 | 35,439,000 | 30,243,000 | 43,690,000 | 46,665,000 | 42,033,000 | 48,364,000 | 46,542,000 | 46,259,000 | 47,934,000 | 44,439,000 | 58,142,000 | 65,532,000 | 44,669,000 | 43,113,000 | 114,573,000 | 80,172,000 | 116,280,000 | 123,191,000 | 143,872,000 | 136,233,000 | 127,722,000 | 134,338,000 | 155,889,000 | 165,876,000 | 165,121,000 | 197,499,000 | 165,724,000 | 269,996,000 | 75,604,000 | 61,648,000 | 106,620,000 | 122,722,000 | 109,492,000 | 69,555,000 | 55,049,000 | 72,600,000 | 87,778,000 | 246,018,000 | 246,683,000 | 227,968,000 | 291,785,000 | 286,230,000 | 275,466,000 | 270,877,000 | 264,867,000 | 196,139,000 | 405,483,000 | 188,267,000 | 243,757,000 | 228,764,000 | 142,455,000 | 95,964,000 | 48,295,000 | 71,496,000 | 51,238,000 | 67,798,000 | 87,158,000 | 73,554,000 | 65,599,000 | 59,962,000 | 54,894,000 | 46,912,000 |
restricted cash | 315,000 | 315,000 | 315,000 | 315,000 | 315,000 | 315,000 | 5,643,000 | 5,643,000 | 5,643,000 | 5,643,000 | 5,643,000 | 5,643,000 | 5,643,000 | 5,643,000 | 44,606,000 | 40,519,000 | 35,492,000 | 24,227,000 | 14,855,000 | 14,855,000 | 6,045,000 | 4,947,000 | 19,500,000 | 9,750,000 | 9,850,000 | 9,850,000 | 9,850,000 | 9,850,000 | 9,850,000 | 10,150,000 | 10,150,000 | 9,750,000 | 9,750,000 | 9,750,000 | 9,750,000 | 9,750,000 | 9,750,000 | 12,000,000 | 12,000,000 | 17,500,000 | 17,500,000 | 17,000,000 | |||||||||||||||||||||
due from charterers, net of a reserve of 658 and 1,620, respectively | 13,941,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
prepaid expenses and other current assets | 7,823,000 | 8,650,000 | 9,432,000 | 10,375,000 | 10,860,000 | 8,304,000 | 9,076,000 | 10,154,000 | 10,162,000 | 10,420,000 | 10,393,000 | 8,399,000 | 10,817,000 | 9,237,000 | 11,186,000 | 9,935,000 | 9,544,000 | 11,057,000 | 13,149,000 | 10,856,000 | 9,014,000 | 8,705,000 | 10,865,000 | 10,049,000 | 9,996,000 | 9,200,000 | 10,449,000 | 10,072,000 | 7,371,000 | 20,492,000 | 22,616,000 | 25,240,000 | 19,065,000 | 18,390,000 | 21,047,000 | 20,327,000 | 18,146,000 | 17,020,000 | 17,318,000 | 20,587,000 | 17,709,000 | 16,080,000 | 16,179,000 | 16,390,000 | 14,010,000 | 15,174,000 | 12,103,000 | 11,642,000 | 10,184,000 | 12,955,000 | 16,338,000 | 14,458,000 | 12,079,000 | 11,560,000 | 9,374,000 | 7,691,000 | 6,504,000 | 6,175,000 | 4,643,000 | 4,287,000 | 3,788,000 | 2,444,000 | 2,574,000 |
inventories | 21,547,000 | 20,474,000 | 23,337,000 | 22,234,000 | 24,918,000 | 24,407,000 | 30,638,000 | 26,749,000 | 27,567,000 | 22,962,000 | 25,029,000 | 21,601,000 | 32,181,000 | 31,740,000 | 23,337,000 | 24,563,000 | 23,722,000 | 26,441,000 | 24,148,000 | 21,583,000 | 21,159,000 | 23,034,000 | 29,342,000 | 27,208,000 | 22,982,000 | 29,325,000 | 29,548,000 | 29,980,000 | 23,064,000 | ||||||||||||||||||||||||||||||||||
total current assets | 133,262,000 | 78,972,000 | 81,538,000 | 97,990,000 | 127,471,000 | 135,920,000 | 146,184,000 | 157,272,000 | 111,522,000 | 110,682,000 | 107,244,000 | 125,430,000 | 145,763,000 | 120,146,000 | 105,140,000 | 174,830,000 | 142,471,000 | 220,094,000 | 227,880,000 | 247,202,000 | 222,428,000 | 210,938,000 | 227,533,000 | 223,195,000 | 241,064,000 | 219,364,000 | 270,451,000 | 237,308,000 | 322,282,000 | 123,969,000 | 108,470,000 | 157,320,000 | 165,878,000 | 152,512,000 | 111,398,000 | 97,367,000 | 102,460,000 | 113,414,000 | 274,292,000 | 278,509,000 | 259,365,000 | 318,934,000 | 311,269,000 | 299,535,000 | 293,681,000 | 304,566,000 | 233,916,000 | 437,055,000 | 218,068,000 | 275,125,000 | 247,232,000 | 220,815,000 | 270,895,000 | 221,803,000 | 267,594,000 | 316,271,000 | 208,491,000 | 94,318,000 | 88,118,000 | 70,103,000 | 64,311,000 | 57,644,000 | 49,705,000 |
noncurrent assets: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 359,361 and 322,807, respectively | 887,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits on vessels | 6,527,000 | 18,543,000 | 17,702,000 | 21,638,000 | 885,000 | 19,926,000 | 31,396,000 | 1,013,000 | 3,446,000 | 6,885,000 | 10,160,000 | 13,718,000 | 31,576,000 | 85,171,000 | 35,674,000 | 30,608,000 | 91,556,000 | 173,482,000 | 197,666,000 | 119,358,000 | 149,017,000 | 195,691,000 | 8,125,000 | ||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 28,734 and 33,610, respectively | 67,084,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 11,875 and 9,811, respectively | 7,969,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating lease right-of-use assets | 5,351,000 | 5,688,000 | 6,024,000 | 6,358,000 | 1,516,000 | 1,889,000 | 2,260,000 | 2,628,000 | 2,994,000 | 3,357,000 | 3,718,000 | 4,078,000 | 4,435,000 | 4,790,000 | 5,144,000 | 5,495,000 | 5,845,000 | 6,192,000 | 6,538,000 | 6,882,000 | 7,225,000 | 7,565,000 | 7,904,000 | 8,241,000 | 8,576,000 | 8,910,000 | |||||||||||||||||||||||||||||||||||||
total noncurrent assets | 974,339,000 | 961,278,000 | 956,992,000 | 958,612,000 | 917,027,000 | 922,054,000 | 971,622,000 | 984,630,000 | 983,475,000 | 1,024,711,000 | 1,036,656,000 | 1,048,436,000 | 1,059,970,000 | 1,065,997,000 | 1,062,362,000 | 1,028,172,000 | 1,034,294,000 | 962,371,000 | 952,463,000 | 985,607,000 | 1,095,119,000 | 1,143,628,000 | 1,153,433,000 | 1,305,697,000 | 1,320,900,000 | 1,345,080,000 | 1,357,019,000 | 1,394,966,000 | 1,185,816,000 | 1,520,130,000 | 1,561,130,000 | 1,769,279,000 | 2,791,376,000 | 2,685,212,000 | 2,666,262,000 | 2,705,823,000 | 2,740,911,000 | 2,781,159,000 | 2,799,847,000 | 2,836,500,000 | 2,859,912,000 | 2,860,439,000 | 2,876,651,000 | 2,891,172,000 | 2,889,027,000 | 2,838,988,000 | 2,349,385,000 | 2,133,224,000 | 2,118,734,000 | 2,021,015,000 | 1,837,028,000 | 1,810,132,000 | 1,680,801,000 | 1,524,970,000 | 1,385,678,000 | 1,022,076,000 | 481,065,000 | 483,024,000 | 490,144,000 | 432,274,000 | 436,652,000 | 438,392,000 | 440,253,000 |
total assets | 1,107,601,000 | 1,040,250,000 | 1,038,530,000 | 1,056,602,000 | 1,044,498,000 | 1,057,974,000 | 1,117,806,000 | 1,141,902,000 | 1,094,997,000 | 1,135,393,000 | 1,143,900,000 | 1,173,866,000 | 1,205,733,000 | 1,186,143,000 | 1,167,502,000 | 1,203,002,000 | 1,176,765,000 | 1,182,465,000 | 1,180,343,000 | 1,232,809,000 | 1,317,547,000 | 1,354,566,000 | 1,380,966,000 | 1,528,892,000 | 1,561,964,000 | 1,564,444,000 | 1,627,470,000 | 1,632,274,000 | 1,508,098,000 | 1,644,099,000 | 1,669,600,000 | 1,926,599,000 | 2,957,254,000 | 2,837,724,000 | 2,777,660,000 | 2,803,190,000 | 2,843,371,000 | 2,894,573,000 | 3,074,139,000 | 3,115,009,000 | 3,119,277,000 | 3,179,373,000 | 3,187,920,000 | 3,190,707,000 | 3,182,708,000 | 3,143,554,000 | 2,583,301,000 | 2,570,279,000 | 2,336,802,000 | 2,296,140,000 | 2,084,260,000 | 2,030,947,000 | 1,951,696,000 | 1,746,773,000 | 1,653,272,000 | 1,338,347,000 | 689,556,000 | 577,342,000 | 578,262,000 | 502,377,000 | 500,963,000 | 496,036,000 | 489,958,000 |
liabilities and equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accounts payable and accrued expenses | 51,656,000 | 44,688,000 | 39,343,000 | 34,492,000 | 32,937,000 | 27,961,000 | 31,296,000 | 24,245,000 | 27,428,000 | 19,042,000 | 26,975,000 | 29,475,000 | 38,831,000 | 41,183,000 | 25,800,000 | 29,956,000 | 24,138,000 | 27,256,000 | 24,402,000 | 22,793,000 | 22,973,000 | 24,071,000 | 34,170,000 | 49,604,000 | 41,145,000 | 33,151,000 | 29,143,000 | 33,084,000 | 26,392,000 | 22,939,000 | 33,132,000 | 36,949,000 | 27,359,000 | 24,495,000 | 25,629,000 | 23,833,000 | 23,667,000 | 25,150,000 | 24,679,000 | 24,463,000 | 30,712,000 | 27,449,000 | 26,152,000 | 26,986,000 | 31,790,000 | 32,271,000 | 21,090,000 | 20,142,000 | 18,609,000 | 21,175,000 | 18,619,000 | 20,431,000 | 16,617,000 | 16,376,000 | 17,514,000 | 12,046,000 | 9,838,000 | 8,557,000 | 7,784,000 | 6,709,000 | 5,891,000 | 5,909,000 | 5,978,000 |
deferred revenue | 4,701,000 | 3,556,000 | 5,345,000 | 4,665,000 | 5,886,000 | 7,569,000 | 5,679,000 | 8,746,000 | 6,534,000 | 7,945,000 | 5,029,000 | 4,958,000 | 14,464,000 | 5,789,000 | 10,133,000 | 10,081,000 | 14,441,000 | 9,375,000 | 7,389,000 | 8,421,000 | 8,318,000 | 4,368,000 | 7,818,000 | 6,627,000 | 6,325,000 | 8,263,000 | 6,404,000 | 10,231,000 | 6,399,000 | 906,000 | 1,398,000 | 893,000 | 1,597,000 | 1,422,000 | 1,337,000 | 1,088,000 | 1,324,000 | 1,876,000 | 3,267,000 | 3,693,000 | 4,227,000 | 5,007,000 | 3,959,000 | 6,994,000 | 9,974,000 | 11,309,000 | 8,312,000 | 9,217,000 | 10,404,000 | 10,073,000 | 8,768,000 | 10,702,000 | 10,062,000 | 8,412,000 | 8,402,000 | 6,426,000 | 4,834,000 | 3,947,000 | 3,067,000 | 3,483,000 | 4,256,000 | 4,786,000 | 4,576,000 |
current operating lease liabilities | 303,000 | 907,000 | 1,503,000 | 2,386,000 | 2,355,000 | 2,325,000 | 2,295,000 | 2,266,000 | 2,237,000 | 2,190,000 | 2,107,000 | 2,025,000 | 1,944,000 | 1,882,000 | 1,858,000 | 1,835,000 | 1,811,000 | 1,788,000 | 1,765,000 | 1,742,000 | 1,720,000 | 1,698,000 | 1,677,000 | 1,655,000 | 1,634,000 | ||||||||||||||||||||||||||||||||||||||
total current liabilities: | 56,357,000 | 48,547,000 | 45,595,000 | 40,660,000 | 41,209,000 | 37,885,000 | 39,300,000 | 35,286,000 | 36,228,000 | 29,224,000 | 34,194,000 | 36,540,000 | 55,320,000 | 48,916,000 | 37,815,000 | 41,895,000 | 42,634,000 | 94,362,000 | 98,856,000 | 113,621,000 | 113,675,000 | 109,681,000 | 116,648,000 | 127,655,000 | 119,236,000 | 108,688,000 | 101,867,000 | 109,635,000 | 77,791,000 | 70,084,000 | |||||||||||||||||||||||||||||||||
noncurrent liabilities: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term operating lease liabilities | 5,463,000 | 5,693,000 | 5,616,000 | 5,539,000 | 608,000 | 1,208,000 | 1,801,000 | 2,386,000 | 2,963,000 | 3,533,000 | 4,096,000 | 4,652,000 | 5,200,000 | 5,723,000 | 6,203,000 | 6,677,000 | 7,144,000 | 7,606,000 | 8,061,000 | 8,511,000 | 8,955,000 | 9,393,000 | 9,826,000 | 10,253,000 | 10,675,000 | ||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 11,522 and 7,825, respectively | 158,478,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total noncurrent liabilities | 163,941,000 | 98,661,000 | 88,284,000 | 87,714,000 | 71,670,000 | 96,774,000 | 161,876,000 | 191,970,000 | 142,380,000 | 151,224,000 | 160,122,000 | 169,017,000 | 177,897,000 | 186,768,000 | 195,618,000 | 244,432,000 | 303,448,000 | 310,831,000 | 334,670,000 | 374,194,000 | 392,652,000 | 412,259,000 | 413,122,000 | 422,809,000 | 444,693,000 | 443,705,000 | 472,296,000 | 488,056,000 | 402,064,000 | 1,329,000 | 404,614,000 | 372,989,000 | 166,823,000 | 125,900,000 | 105,263,000 | 104,194,000 | 1,556,484,000 | 1,557,287,000 | 1,471,081,000 | 1,478,551,000 | 1,535,957,000 | 1,637,518,000 | 1,670,988,000 | 1,702,217,000 | 1,716,533,000 | 1,711,016,000 | 1,316,555,000 | 1,315,743,000 | 1,328,864,000 | 1,352,017,000 | 1,237,162,000 | 1,184,627,000 | 1,044,672,000 | 1,099,639,000 | 960,723,000 | 616,006,000 | 265,410,000 | 208,671,000 | 209,556,000 | 144,241,000 | 135,652,000 | 136,065,000 | 135,738,000 |
total liabilities | 220,298,000 | 147,208,000 | 133,879,000 | 128,374,000 | 112,879,000 | 134,659,000 | 201,176,000 | 227,256,000 | 178,608,000 | 180,448,000 | 194,316,000 | 205,557,000 | 233,217,000 | 235,684,000 | 233,433,000 | 286,327,000 | 346,082,000 | 405,193,000 | 433,526,000 | 487,815,000 | 506,327,000 | 521,940,000 | 529,770,000 | 550,464,000 | 563,929,000 | 552,393,000 | 574,163,000 | 597,691,000 | 479,855,000 | 586,271,000 | 483,936,000 | 443,073,000 | 1,648,449,000 | 1,602,852,000 | 1,582,737,000 | 1,580,968,000 | 1,582,164,000 | 1,585,564,000 | 1,721,678,000 | 1,729,899,000 | 1,757,659,000 | 1,823,293,000 | 1,821,479,000 | 1,823,181,000 | 1,834,555,000 | 1,834,350,000 | 1,396,631,000 | 1,396,122,000 | 1,407,877,000 | 1,434,080,000 | 1,266,036,000 | 1,215,760,000 | 1,074,414,000 | 1,124,427,000 | 1,031,087,000 | 899,686,000 | 301,742,000 | 221,175,000 | 224,729,000 | 150,950,000 | 141,543,000 | 141,974,000 | 141,716,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
common stock | 432,000 | 429,000 | 429,000 | 427,000 | 427,000 | 427,000 | 427,000 | 425,000 | 425,000 | 425,000 | 425,000 | 423,000 | 423,000 | 423,000 | 421,000 | 419,000 | 419,000 | 419,000 | 419,000 | 418,000 | 418,000 | 418,000 | 418,000 | 417,000 | 416,000 | 416,000 | 416,000 | 415,000 | 415,000 | 735,000 | 445,000 | 445,000 | 445,000 | 443,000 | 443,000 | 438,000 | 438,000 | 438,000 | 363,000 | 359,000 | 359,000 | 359,000 | 359,000 | 355,000 | 319,000 | 319,000 | 317,000 | 317,000 | 315,000 | 255,000 | |||||||||||||
additional paid-in capital | 1,469,951,000 | 1,474,615,000 | 1,479,415,000 | 1,491,032,000 | 1,506,909,000 | 1,520,179,000 | 1,536,987,000 | 1,553,421,000 | 1,558,541,000 | 1,563,631,000 | 1,568,818,000 | 1,588,777,000 | 1,621,185,000 | 1,641,664,000 | 1,674,400,000 | 1,702,166,000 | 1,707,900,000 | 1,711,523,000 | 1,713,082,000 | 1,713,406,000 | 1,713,711,000 | 1,714,019,000 | 1,714,385,000 | 1,721,268,000 | 1,741,759,000 | 1,741,184,000 | 1,740,163,000 | 1,739,724,000 | 1,739,091,000 | 1,487,929,000 | 846,658,000 | 849,021,000 | 855,848,000 | 864,120,000 | 863,303,000 | 862,488,000 | 861,419,000 | 860,365,000 | 809,443,000 | 808,258,000 | 806,787,000 | 805,309,000 | 803,778,000 | 802,729,000 | |||||||||||||||||||
accumulated deficit | -584,493,000 | -583,440,000 | -576,639,000 | -564,716,000 | -577,393,000 | -598,852,000 | -622,319,000 | -641,117,000 | -646,055,000 | -614,051,000 | -625,613,000 | -628,247,000 | -656,924,000 | -697,752,000 | -745,134,000 | -786,823,000 | -877,676,000 | -934,808,000 | -966,845,000 | -968,830,000 | -902,909,000 | -881,811,000 | -863,607,000 | ||||||||||||||||||||||||||||||||||||||||
total genco shipping & trading limited shareholders’ equity | 885,890,000 | 891,604,000 | 903,205,000 | 926,743,000 | 929,943,000 | 921,754,000 | 915,095,000 | 913,256,000 | 915,168,000 | 953,864,000 | 948,482,000 | 967,433,000 | 971,789,000 | 949,952,000 | 933,805,000 | 916,587,000 | 987,776,000 | 1,208,422,000 | 967,469,000 | 951,050,000 | 976,321,000 | 1,030,852,000 | 1,066,296,000 | 1,111,159,000 | 1,150,580,000 | 1,180,079,000 | 1,151,606,000 | 1,145,931,000 | 1,155,093,000 | 1,155,515,000 | 1,095,006,000 | 972,578,000 | 961,387,000 | ||||||||||||||||||||||||||||||
noncontrolling interest | 1,413,000 | 1,438,000 | 1,446,000 | 1,485,000 | 1,676,000 | 1,561,000 | 1,535,000 | 1,390,000 | 1,221,000 | 1,081,000 | 1,102,000 | 876,000 | 727,000 | 507,000 | 264,000 | 88,000 | 197,888,000 | 275,104,000 | 341,336,000 | 283,822,000 | 218,602,000 | 191,370,000 | 194,911,000 | 197,850,000 | 201,881,000 | 205,031,000 | 210,012,000 | 210,149,000 | 211,348,000 | 212,011,000 | 215,204,000 | 214,198,000 | 214,092,000 | 212,770,000 | |||||||||||||||||||||||||||||
total equity | 887,303,000 | 893,042,000 | 904,651,000 | 928,228,000 | 931,619,000 | 923,315,000 | 916,630,000 | 914,646,000 | 916,389,000 | 954,945,000 | 949,584,000 | 968,309,000 | 972,516,000 | 950,459,000 | 934,069,000 | 916,675,000 | 830,683,000 | 777,272,000 | 746,817,000 | 744,994,000 | 811,220,000 | 832,626,000 | 851,196,000 | 978,428,000 | 998,035,000 | 1,012,051,000 | 1,053,307,000 | 1,034,583,000 | 1,028,243,000 | 1,057,828,000 | 1,185,664,000 | 1,483,526,000 | 1,308,805,000 | 1,234,872,000 | 1,194,923,000 | 1,222,222,000 | 1,261,207,000 | 1,309,009,000 | 1,352,461,000 | 1,385,110,000 | 1,361,618,000 | 1,356,080,000 | 1,366,441,000 | 1,367,526,000 | 1,348,153,000 | 1,309,204,000 | 1,186,670,000 | 1,174,157,000 | |||||||||||||||
total liabilities and equity | 1,107,601,000 | 1,040,250,000 | 1,038,530,000 | 1,056,602,000 | 1,044,498,000 | 1,057,974,000 | 1,117,806,000 | 1,141,902,000 | 1,094,997,000 | 1,135,393,000 | 1,143,900,000 | 1,173,866,000 | 1,205,733,000 | 1,186,143,000 | 1,167,502,000 | 1,203,002,000 | 1,176,765,000 | 1,182,465,000 | 1,180,343,000 | 1,232,809,000 | 1,317,547,000 | 1,354,566,000 | 1,380,966,000 | 1,528,892,000 | 1,561,964,000 | 1,564,444,000 | 1,627,470,000 | 1,632,274,000 | 1,508,098,000 | 1,644,099,000 | 1,669,600,000 | 1,926,599,000 | 2,957,254,000 | 2,837,724,000 | 2,777,660,000 | 2,803,190,000 | 2,843,371,000 | 2,894,573,000 | 3,074,139,000 | 3,115,009,000 | 3,119,277,000 | 3,179,373,000 | 3,187,920,000 | 3,190,707,000 | 3,182,708,000 | 3,143,554,000 | 2,583,301,000 | 2,570,279,000 | |||||||||||||||
due from charterers, net of a reserve of 1,195 and 1,620, respectively | 14,094,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 346,866 and 322,807, respectively | 897,156,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 34,336 and 33,610, respectively | 50,910,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 11,143 and 9,811, respectively | 7,524,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,032 and 7,825, respectively | 92,968,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,706 and 1,620, respectively | 18,211,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 334,881 and 322,807, respectively | 907,212,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 34,107 and 33,610, respectively | 36,526,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 10,469 and 9,811, respectively | 7,230,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,332 and 7,825, respectively | 82,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,620 and 3,257, respectively | 21,376,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of derivative instruments | 572,000 | 2,369,000 | 4,030,000 | 5,048,000 | 6,312,000 | 5,724,000 | 3,894,000 | 1,822,000 | 1,166,000 | 424,000 | 564,000 | 629,000 | 6,975,000 | 9,292,000 | 11,370,000 | 13,754,000 | 7,000 | 609,000 | 1,199,000 | 1,738,000 | 1,686,000 | 5,475,000 | 9,770,000 | 13,607,000 | 372,000 | 2,108,000 | 1,327,000 | 3,814,000 | 1,926,000 | 3,063,000 | 44,936,000 | 1,448,000 | 3,289,000 | 8,490,000 | 1,265,000 | 4,158,000 | 11,106,000 | 6,785,000 | |||||||||||||||||||||||||
vessels held for sale | 24,594,000 | 31,507,000 | 36,218,000 | 55,440,000 | 6,964,000 | 7,798,000 | 15,630,000 | 22,408,000 | 20,889,000 | 23,252,000 | 23,129,000 | 10,303,000 | 21,819,000 | 5,702,000 | 12,996,000 | 7,443,000 | 36,944,000 | ||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 322,807 and 296,452, respectively | 915,022,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 33,610 and 23,047, respectively | 30,048,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 9,811 and 8,063, respectively | 7,184,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,825 and 9,831, respectively | 82,175,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income | 527,000 | 2,257,000 | 3,859,000 | 4,852,000 | 6,480,000 | 7,105,000 | 5,617,000 | 4,118,000 | 825,000 | 40,000 | 138,000 | 161,000 | 838,000 | 53,722,000 | 15,763,000 | 63,000 | 2,425,000 | 14,131,000 | 19,017,000 | 87,676,000 | 36,780,000 | 2,599,000 | 3,546,000 | 2,954,000 | 8,908,000 | 6,309,000 | 2,325,000 | ||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,236 and 3,257, respectively | 20,434,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 310,626 and 296,452, respectively | 877,837,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 30,741 and 23,047 respectively | 30,132,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 9,159 and 8,063, respectively | 7,227,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 8,330 and 9,831, respectively | 71,670,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,289 and 3,257, respectively | 29,669,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 299,317 and 296,452, respectively | 887,897,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 28,282 and 23,047 respectively | 24,826,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 8,502 and 8,063, respectively | 7,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 8,834 and 9,831, respectively | 96,166,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,299 and 3,257, respectively | 21,888,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 308,626 and 296,452, respectively | 934,572,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 27,480 and 23,047 respectively | 27,264,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 8,134 and 8,063, respectively | 7,211,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 9,332 and 9,831, respectively | 160,668,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 3,257 and 2,141, respectively | 17,815,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 296,452 and 303,098, respectively | 945,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 23,047 and 15,456 respectively | 29,502,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 8,063 and 6,254, respectively | 7,071,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 9,831 and 6,079, respectively | 190,169,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,516 and 2,141, respectively | 19,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 284,693 and 303,098, respectively | 939,749,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 19,431 and 15,456 respectively | 32,982,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 7,430 and 6,254, respectively | 7,435,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 4,756 and 6,079, respectively | 139,994,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,520 and 2,141, respectively | 19,693,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 328,339 and 303,098, respectively | 979,054,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 19,505 and 15,456 respectively | 33,858,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 7,596 and 6,254, respectively | 8,127,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 5,239 and 6,079, respectively | 148,261,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,157 and 2,141, respectively | 16,692,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 315,639 and 303,098, respectively | 990,643,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 17,377 and 15,456 respectively | 33,608,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 6,887 and 6,254, respectively | 8,372,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 5,661 and 6,079, respectively | 156,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,141 and 1,403, respectively | 25,333,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 303,098 and 253,005, respectively | 1,002,810,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 15,456 and 12,879 respectively | 32,254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 6,254 and 3,984, respectively | 8,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 6,079 and 7,771, respectively | 164,921,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 2,061 and 1,403, respectively | 25,866,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 290,291 and 253,005, respectively | 1,014,154,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 13,695 and 12,879 respectively | 31,282,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 5,611 and 3,984, respectively | 8,125,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 6,505 and 7,771, respectively | 173,245,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,471 and 1,403, respectively | 24,963,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 277,600 and 253,005, respectively | 1,025,403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 14,063 and 12,879 respectively | 25,521,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 5,019 and 3,984, respectively | 8,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 6,932 and 7,771, respectively | 181,568,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,556 and 1,403, respectively | 20,039,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 265,189 and 253,005, respectively | 1,031,948,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 13,660 and 12,879 respectively | 14,577,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 4,593 and 3,984, respectively | 7,784,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,355 and 7,771, respectively | 189,895,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,403 and 669, respectively | 20,116,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 253,005 and 204,201, respectively | 981,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels held for exchange | 38,214,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 12,879 and 8,124 respectively | 14,275,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,984 and 2,266, respectively | 7,237,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt | 55,920,000 | 65,277,000 | 80,642,000 | 80,642,000 | 79,522,000 | 72,962,000 | 69,747,000 | 70,111,000 | 65,640,000 | 66,320,000 | 66,320,000 | 45,000,000 | 44,792,000 | 32,242,000 | 1,316,439,000 | 1,313,689,000 | 1,312,189,000 | 1,312,189,000 | 220,772,000 | 220,772,000 | 185,077,000 | 147,844,000 | 110,610,000 | 73,377,000 | 79,322,000 | 259,949,000 | 18,750,000 | ||||||||||||||||||||||||||||||||||||
contract liability | 7,200,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,771 and 9,653, respectively | 238,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,635 and 669, respectively | 22,069,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 239,893 and 204,201, respectively | 991,471,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,649 and 8,124 respectively | 12,465,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,525 and 2,266, respectively | 6,072,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair market value of time charters acquired | 2,220,000 | 2,176,000 | 3,278,000 | 4,611,000 | 9,304,000 | 14,117,000 | 29,488,000 | 33,212,000 | 37,973,000 | 44,991,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 8,229 and 9,653, respectively | 296,771,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 820 and 669, respectively | 13,912,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 228,014 and 204,201, respectively | 913,829,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 10,679 and 8,124 respectively | 13,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,087 and 2,266, respectively | 5,877,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 7,418 and 9,653, respectively | 303,687,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 493 and 669, respectively | 11,243,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 215,970 and 204,201, respectively | 924,468,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,377 and 8,124 respectively | 14,374,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,664 and 2,266, respectively | 6,139,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 8,677 and 9,653, respectively | 327,064,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 669 and 1,064, respectively | 12,991,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 204,201 and 288,373, respectively | 919,114,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 8,124 and 11,862 respectively | 14,689,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,266 and 2,154, respectively | 6,393,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 9,653 and 13,094, respectively | 358,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 456 and 1,064, respectively | 10,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 247,761 and 288,373, respectively | 1,062,888,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 8,067 and 11,862 respectively | 17,157,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,406 and 2,154, respectively | 7,534,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 10,650 and 13,094, respectively | 384,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 662 and 1,064, respectively | 13,370,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 242,465 and 288,373, respectively | 1,109,341,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 7,691 and 11,862 respectively | 19,192,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,057 and 2,154, respectively | 7,215,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 11,648 and 13,094, respectively | 403,304,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 665 and 1,064, respectively | 15,004,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 228,208 and 288,373, respectively | 1,121,561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 6,993 and 11,862 respectively | 17,704,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,704 and 2,154, respectively | 5,949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 12,143 and 13,094, respectively | 403,729,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
revenues: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage revenues | 98,336,000 | 389,496,000 | 103,776,000 | 83,550,000 | 367,522,000 | 92,263,000 | 86,157,000 | 20,131,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
total revenues | 98,336,000 | 389,496,000 | 103,776,000 | 83,550,000 | 367,522,000 | 92,263,000 | 86,157,000 | 20,942,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating expenses: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
voyage expenses | 48,368,000 | 173,043,000 | 42,967,000 | 41,800,000 | 114,855,000 | 31,475,000 | 25,983,000 | 3,896,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessel operating expenses | 21,813,000 | 96,209,000 | 24,711,000 | 24,358,000 | 97,427,000 | 25,155,000 | 23,720,000 | 29,127,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
charter hire expenses | 3,075,000 | 16,179,000 | 5,475,000 | 4,849,000 | 1,534,000 | 723,000 | 509,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
general and administrative expenses | 5,767,000 | 24,516,000 | 6,144,000 | 5,799,000 | 23,141,000 | 5,033,000 | 6,510,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
technical management fees | 1,854,000 | 7,567,000 | 1,885,000 | 1,885,000 | 8,000,000 | 2,028,000 | 1,950,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
depreciation and amortization | 17,574,000 | 72,824,000 | 18,184,000 | 18,271,000 | 68,976,000 | 17,269,000 | 16,450,000 | 20,339,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of vessel assets | 112,814,000 | 27,393,000 | 12,182,000 | 13,897,000 | 56,586,000 | 184,000 | 1,685,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
gain on sale of vessels | 486,000 | 168,000 | -3,513,000 | -1,509,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total operating expenses | 211,751,000 | 417,899,000 | 111,548,000 | 110,859,000 | 367,006,000 | 80,174,000 | 75,306,000 | 67,902,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
operating income | -113,415,000 | -28,403,000 | -7,772,000 | -27,309,000 | 516,000 | 12,089,000 | 10,851,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other income | -584,000 | 501,000 | 86,000 | 107,000 | 367,000 | 213,000 | 144,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest income | 594,000 | 4,095,000 | 892,000 | 1,073,000 | 3,801,000 | 1,062,000 | 887,000 | 62,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
interest expense | -6,945,000 | -31,955,000 | -7,797,000 | -8,124,000 | -33,091,000 | -7,656,000 | -8,469,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income | -120,350,000 | -55,985,000 | -14,591,000 | -34,476,000 | -32,940,000 | 5,708,000 | -1,120,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income per share | -2,870 | -1,340 | -830 | -860 | -30 | -750 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding-basic | 41,866,357,000 | 41,762,893,000 | 41,749,200,000 | 41,742,301,000 | 38,382,599,000 | 41,618,187,000 | 35,516,058,000 | 72,187,954,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
weighted-average common shares outstanding-diluted | 41,866,357,000 | 41,762,893,000 | 41,749,200,000 | 41,742,301,000 | 38,382,599,000 | 41,821,008,000 | 35,516,058,000 | 72,187,954,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,064 and 669, respectively | 13,701,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 288,373 and 244,529, respectively | 1,273,861,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,862 and 13,553 respectively | 17,304,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,154 and 1,281, respectively | 5,976,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 13,094 and 16,272, respectively | 412,983,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained deficit | -743,257,000 | -744,140,000 | -729,549,000 | -687,272,000 | -705,556,000 | -711,263,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of right-of-use asset | -223,000 | -223,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
loss on debt extinguishment | -4,533,000 | -4,533,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,257 and 669, respectively | 20,391,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 272,074 and 244,529, respectively | 1,290,741,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,860 and 13,553 respectively | 16,039,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,789 and 1,281, respectively | 5,229,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 14,054 and 16,272, respectively | 434,440,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share-basic | -350 | 140 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net earnings per share-diluted | -350 | 140 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,047 and 669, respectively | 15,718,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 265,147 and 244,529, respectively | 1,320,149,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 15,175 and 13,553 respectively | 11,629,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,575 and 1,281, respectively | 4,077,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 15,015 and 16,272, respectively | 433,030,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 669 and 246, respectively | 22,306,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 244,529 and 213,431, respectively | 1,344,870,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 13,553 and 9,540 respectively | 9,544,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,281 and 1,003, respectively | 2,290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other noncurrent assets | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | 514,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
long-term lease obligations | 3,468,000 | 3,576,000 | 3,127,000 | 1,329,000 | 789,000 | 186,000 | 3,114,000 | 3,015,000 | 2,828,000 | 2,658,000 | 2,465,000 | 2,056,000 | 1,750,000 | 1,539,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 16,272 and 9,032, respectively | 468,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
service revenues | 811,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other operating income | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
impairment of investment | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before reorganization items | -32,940,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
reorganization items | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income before income taxes | -32,940,000 | 5,708,000 | -1,120,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
income tax expense | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 515 and 246, respectively | 18,536,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 229,559 and 213,431, respectively | 1,382,428,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 12,366 and 9,540 respectively | 10,728,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,177 and 1,003, respectively | 1,495,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 17,200 and 9,032, respectively | 484,480,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 601 and 246, respectively | 14,408,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 213,771 and 213,431, respectively | 1,172,246,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,196 and 9,540 respectively | 11,123,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,091 and 1,003, respectively | 1,247,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt, net of deferred financing costs of 16,063 and 9,032, respectively | 398,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 213 and 429, respectively | 8,373,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 127,067 and 107,998, respectively | 1,487,506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 4,316 and 3,207, respectively | 15,099,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, net of accumulated amortization of 935 and 734, respectively | 3,093,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 500 and 404, respectively | 1,269,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
investments | 12,334,000 | 25,443,000 | 38,463,000 | 77,570,000 | 41,829,000 | 27,315,000 | 30,591,000 | 20,988,000 | 23,825,000 | 27,386,000 | 32,282,000 | 24,468,000 | 27,849,000 | 42,450,000 | 55,144,000 | 54,714,000 | 63,653,000 | 53,281,000 | 76,423,000 | 72,181,000 | 49,238,000 | 35,433,000 | |||||||||||||||||||||||||||||||||||||||||
current portion of long-term debt, net of deferred financing costs of 8,883 and 9,411, respectively | 561,097,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total current liabilities | 584,942,000 | 79,322,000 | 1,481,626,000 | 1,476,952,000 | 1,477,474,000 | 1,476,774,000 | 25,680,000 | 28,277,000 | 250,597,000 | 251,348,000 | 221,702,000 | 185,775,000 | 150,491,000 | 120,964,000 | 118,022,000 | 123,334,000 | 80,076,000 | 80,379,000 | 79,013,000 | 82,063,000 | 28,874,000 | 31,133,000 | 29,742,000 | 24,788,000 | 70,364,000 | 283,680,000 | 36,332,000 | 12,504,000 | 15,173,000 | 6,709,000 | 5,891,000 | 5,909,000 | 5,978,000 | ||||||||||||||||||||||||||||||
general, administrative and management fees | 12,855,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
less: net income attributable to noncontrolling interest | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
net income attributable to genco shipping & trading limited | -54,483,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,292 and 1,588, respectively | 14,456,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 70,977 and 36,258, respectively | 1,490,043,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 1,325 and 330, respectively | 12,539,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, net of accumulated amortization of 1,780 and 729, respectively | 11,348,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 236 and 119, respectively | 1,017,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term debt | 403,825,000 | 372,803,000 | 163,625,000 | 122,750,000 | 102,250,000 | 101,250,000 | 1,413,439,000 | 1,413,439,000 | 1,340,743,000 | 1,347,741,000 | 1,402,935,000 | 1,502,011,000 | 1,538,300,000 | 1,574,101,000 | 1,551,152,000 | 1,261,975,000 | 1,264,500,000 | 1,289,500,000 | 1,173,300,000 | 1,129,500,000 | 566,251,000 | 264,483,000 | 206,233,000 | ||||||||||||||||||||||||||||||||||||||||
genco shipping & trading limited shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
successor company common stock, par value 0.01; 250,000,000 shares authorized; issued and outstanding 61,610,503 and 61,541,389 shares at june 30, 2015 and december 31, 2014, respectively | 615,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
successor company additional paid-in capital | 1,274,588,000 | 1,239,439,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive loss | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 1,576 and 632, respectively | 15,594,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
time charters acquired | 16,000 | 84,000 | 135,000 | 185,000 | 286,000 | 418,000 | 606,000 | 793,000 | 978,000 | 1,164,000 | 1,137,000 | 1,601,000 | 1,724,000 | 2,197,000 | 2,864,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 17,215 and 730,662, respectively | 1,522,106,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 69 and 11,107, respectively | 3,096,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, net of accumulated amortization of 2,562 and 22,279, respectively | 6,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 66 and 3,438, respectively | 646,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
goodwill | 166,067,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current interest payable | 13,199,000 | 13,199,000 | 13,199,000 | 13,199,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
convertible senior note payable | 115,881,000 | 114,571,000 | 113,306,000 | 112,097,000 | 110,918,000 | 109,726,000 | 108,569,000 | 107,471,000 | 106,381,000 | 105,308,000 | 104,262,000 | 103,276,000 | 102,309,000 | 101,395,000 | |||||||||||||||||||||||||||||||||||||||||||||||||
current portion of lease obligations | 176,000 | 284,000 | 444,000 | 614,000 | 682,000 | 642,000 | 680,000 | 682,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
predecessor company common stock, par value 0.01; 100,000,000 shares authorized; 44,449,407 shares issued and outstanding at december 31, 2013 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
predecessor company additional paid-in capital | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
successor company common stock, par value 0.01; 250,000,000 shares authorized; 61,410,372 shares issued and outstanding at september 30, 2014 | 614,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained (deficit) earnings | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers | 14,241,000 | 11,714,000 | 13,688,000 | 8,794,000 | 2,117,000 | 3,900,000 | 2,696,000 | 2,343,000 | 2,750,000 | 1,882,000 | 985,000 | 471,000 | 217,000 | 561,000 | 306,000 | 219,000 | |||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 730,662 and 597,214, respectively | 2,673,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,107 and 8,086, respectively | 11,069,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred financing costs, net of accumulated amortization of 22,279 and 13,162, respectively | 22,011,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,438 and 3,311, respectively | 5,104,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long-term interest payable | 13,199,000 | 13,199,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
retained earnings | 66,644,000 | 85,821,000 | 120,855,000 | 166,226,000 | 214,391,000 | 260,031,000 | 298,485,000 | 326,258,000 | 359,349,000 | 359,057,000 | 357,505,000 | 347,422,000 | 334,022,000 | 299,234,000 | 263,027,000 | 226,270,000 | 192,820,000 | 157,327,000 | 123,055,000 | 187,019,000 | 160,967,000 | 129,146,000 | 79,876,000 | 42,001,000 | 42,520,000 | 45,639,000 | 42,644,000 | 41,385,000 | 43,742,000 | 41,480,000 | 40,163,000 | ||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 361 and 488, respectively | 14,780,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 696,621 and 597,214, respectively | 2,604,147,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,119 and 8,086, respectively | 9,707,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 20,025 and 13,162, respectively | 23,517,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,998 and 3,311, respectively | 5,198,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 408 and 488, respectively | 10,946,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 663,055 and 597,214, respectively | 2,596,615,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 10,403 and 8,086, respectively | 10,634,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 16,853 and 13,162, respectively | 25,870,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,765 and 3,311, respectively | 5,014,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 484 and 488, respectively | 12,141,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 629,953 and 597,214, respectively | 2,629,691,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,010 and 8,086, respectively | 11,909,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 14,997 and 13,162, respectively | 27,726,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,539 and 3,311, respectively | 5,092,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 597,214 and 464,518, respectively | 2,662,403,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 8,086 and 11,111, respectively | 12,037,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 13,162 and 7,749, respectively | 29,561,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,311 and 2,422, respectively | 5,258,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 495 and 906, respectively | 8,616,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 563,749 and 464,518, respectively | 2,695,638,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 6,675 and 11,111, respectively | 13,723,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 11,304 and 7,749, respectively | 31,907,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 3,077 and 2,422, respectively | 5,402,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 806 and 906, respectively | 10,956,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 530,418 and 464,518, respectively | 2,729,000,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 7,489 and 11,111, respectively | 11,814,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 9,708 and 7,749, respectively | 15,906,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,847 and 2,422, respectively | 5,477,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 951 and 906, respectively | 11,239,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 497,485 and 464,518, respectively | 2,761,813,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,038 and 11,111, respectively | 9,764,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 8,729 and 7,749, respectively | 16,887,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,621 and 2,422, respectively | 5,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 464,518 and 334,502, respectively | 2,794,860,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 11,111 and 9,044, respectively | 6,934,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 7,749 and 4,561, respectively | 17,795,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,422 and 2,041, respectively | 5,591,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred rent credit | 1,823,000 | 1,610,000 | 1,233,000 | 644,000 | 657,000 | 670,000 | 677,000 | 682,000 | 687,000 | 692,000 | 696,000 | 711,000 | 715,000 | 720,000 | 725,000 | 729,000 | 734,000 | 739,000 | 743,000 | 748,000 | 713,000 | 596,000 | 479,000 | ||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 940 and 592, respectively | 11,069,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 431,244 and 334,502, respectively | 2,793,444,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,368 and 9,044, respectively | 6,868,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 6,930 and 4,561, respectively | 14,693,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,287 and 2,041, respectively | 3,875,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 996 and 592, respectively | 8,860,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 398,190 and 334,502, respectively | 2,792,033,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,850 and 9,044, respectively | 7,199,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 6,133 and 4,561, respectively | 15,490,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,163 and 2,041, respectively | 2,330,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 521 and 592, respectively | 7,679,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 365,926 and 334,502, respectively | 2,789,423,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 9,518 and 9,044, respectively | 7,678,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 5,340 and 4,561, respectively | 16,195,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,161 and 2,041, respectively | 2,308,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 334,502 and 224,706, respectively | 2,783,810,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 9,044 and 4,384, respectively | 8,538,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 4,561 and 2,585, respectively | 16,937,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 2,041 and 1,554, respectively | 2,310,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
current portion of long term debt | 71,841,000 | 50,000,000 | 50,000,000 | 50,000,000 | 50,000,000 | 43,000,000 | 4,322,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||
long term debt | 1,572,098,000 | 1,277,000,000 | 989,250,000 | 1,014,500,000 | 893,000,000 | 207,611,000 | 138,808,000 | 130,683,000 | 130,683,000 | 130,683,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||
total genco shipping & trading shareholders’ equity | 1,132,949,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 319 and 171, respectively | 5,595,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deposits on vessels to be sold | 6,930,000 | 10,598,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 301,931 and 224,706, respectively | 2,706,281,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 7,173 and 4,384, respectively | 9,921,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 3,776 and 2,585, respectively | 16,176,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,911 and 1,554, respectively | 2,381,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive (deficit) income | -88,925,000 | -5,651,000 | -31,680,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 292 and 171, respectively | 3,076,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 273,248 and 224,706, respectively | 2,189,382,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 5,996 and 4,384, respectively | 10,467,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 3,187 and 2,585, respectively | 8,636,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,783 and 1,554, respectively | 2,448,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid-in capital | 723,333,000 | 720,667,000 | 721,334,000 | 720,302,000 | 716,778,000 | 308,729,000 | 308,259,000 | 307,674,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 287 and 171, respectively | 2,430,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 248,218 and 224,706, respectively | 2,000,180,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 4,891 and 4,384, respectively | 10,556,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 2,849 and 2,585, respectively | 7,601,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,672 and 1,554, respectively | 2,418,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 224,706 and 140,388, respectively | 2,023,506,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 4,384 and 2,868, respectively | 10,153,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 2,585 and 1,548, respectively | 8,328,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,554 and 1,140, respectively | 2,458,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liabilities and shareholders’ equity | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
shareholders’ equity: | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 31,842,798 and 31,709,548 shares at december 31, 2009 and december 31, 2008, respectively | 318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
paid in capital | 722,198,000 | 721,648,000 | 524,589,000 | 523,002,000 | 307,088,000 | 306,834,000 | 306,516,000 | 306,019,000 | 308,163,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive income/ | 13,589,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
total shareholders’ equity | 928,925,000 | 862,060,000 | 818,224,000 | 815,187,000 | 877,282,000 | 622,346,000 | 622,185,000 | 438,661,000 | 387,814,000 | 356,167,000 | 353,533,000 | 351,427,000 | 359,420,000 | 354,062,000 | 348,242,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
total liabilities and shareholders’ equity | 2,336,802,000 | 2,296,140,000 | 2,084,260,000 | 2,030,947,000 | 1,951,696,000 | 1,746,773,000 | 1,653,272,000 | 1,338,347,000 | 689,556,000 | 577,342,000 | 578,262,000 | 502,377,000 | 500,963,000 | 496,036,000 | 489,958,000 | ||||||||||||||||||||||||||||||||||||||||||||||||
see accompanying notes to consolidated financial statements. | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 80 and 244, respectively | 1,413,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 201,892 and 140,388, respectively | 1,919,161,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 3,350 and 2,868, respectively | 10,533,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 2,315 and 1,548, respectively | 7,759,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,439 and 1,140, respectively | 2,389,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
accumulated other comprehensive deficit | -16,918,000 | -25,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 18 and 244, respectively | 2,130,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 180,420 and 140,388, respectively | 1,686,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 2,856 and 2,868, respectively | 9,765,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 2,045 and 1,548, respectively | 8,029,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,324 and 1,140, respectively | 1,909,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
short-term investments | 60,461,000 | 158,952,000 | 159,023,000 | 167,524,000 | 217,648,000 | 132,307,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||
due from charterers, net of a reserve of 100 and 0, respectively | 1,515,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 121,238 and 71,341, respectively | 1,617,212,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 2,188 and 941, respectively | 7,632,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 845 and 288, respectively | 9,347,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 1,031 and 722, respectively | 1,802,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessel held for sale | 16,857,000 | 9,450,000 | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 103,156 and 71,341, respectively | 1,468,943,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 1,535 and 941, respectively | 5,152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 630 and 288, respectively | 6,230,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 925 and 722, respectively | 1,813,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fair value of derivative instrument | 997,000 | 229,000 | 3,973,000 | 4,462,000 | 2,325,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 31,780,978 and 28,965,809 shares at june 30, 2008 and december 31, 2007, respectively | 318,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 86,816 and 71,341, respectively | 1,392,583,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 1,226 and 941, respectively | 4,773,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 478 and 288, respectively | 6,382,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 824 and 722, respectively | 1,874,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 29,078,309 and 28,965,809 shares at march 31, 2008 and december 31, 2007, respectively | 291,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 71,341 and 43,769, respectively | 1,224,040,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 941 and 366, respectively | 4,552,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 288 and 468, respectively | 6,130,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 722 and 348, respectively | 1,939,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 28,965,809 and 25,505,462 shares at december 31, 2007 and december 31, 2006, respectively | 290,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 60,114 and 43,769, respectively | 810,828,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 668 and 366, respectively | 3,983,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 622 and 348, respectively | 2,018,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 126 and 468, respectively | 6,267,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
liability for time charters acquired | 42,095,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 57,669 and 43,769, respectively | 462,884,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 895 and 366, respectively | 3,816,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 538 and 348, respectively | 1,981,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 739 and 468, respectively | 3,894,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,514,600 and 25,505,462 shares at june 30, 2007 and december 31, 2006, respectively | 255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 50,680 and 43,769, respectively | 469,872,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 549 and 366, respectively | 3,173,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 563 and 468, respectively | 4,019,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 439 and 348, respectively | 1,987,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,518,475 and 25,505,462 shares at march 31, 2007 and december 31, 2006, respectively | 255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 43,769 and 22,659, respectively | 476,782,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 366 and 35, respectively | 2,452,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 468 and 126, respectively | 4,571,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 348 and 49, respectively | 1,877,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,505,462 and 25,434,212 shares at december 31, 2006 and december 31, 2005, respectively | 255,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 41,884 and 22,659, respectively | 411,139,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 233 and 35, respectively | 1,853,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 369 and 126, respectively | 5,066,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 265 and 49, respectively | 1,933,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,434,212 shares at september 30, 2006 and december 31, 2005 | 254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 35,405 and 22,659, respectively | 417,581,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated amortization of 113 and 35, respectively | 1,085,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 276 and 126, respectively | 4,935,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 183 and 49, respectively | 1,945,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,434,212 shares at june 30, 2006 and december 31, 2005 | 254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 28,997 and 22,659, respectively | 423,972,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 60 and 35, respectively | 426,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 200 and 126, respectively | 5,464,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 104 and 49, respectively | 1,745,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,434,212 and 13,500,000 shares at march 31, 2006 and december 31, 2005, respectively | 254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
vessels, net of accumulated depreciation of 22,659 and 421, respectively | 430,287,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred drydock, net of accumulated depreciation of 35 and 0, respectively | 152,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
other assets, net of accumulated amortization of 126 and 60, respectively | 5,967,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
fixed assets, net of accumulated depreciation and amortization of 49 and 0, respectively | 1,522,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
outstanding 25,434,212 and 13,500,000 shares at december 31, 2005 and december 31, 2004, respectively | 254,000 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
deferred compensation costs from restricted stock | -2,663,000 |
The information provided in this report is taken from www.sec.gov and many other data providers. While we have conducted our best efforts to ensure that the parsed data is accurate, we cannot guarantee its accuracy. Please use caution and understand that any consequences of its use are your own responsibility.