v3.26.1
Condensed Consolidated Statements of Equity - USD ($)
$ in Thousands
Genco Shipping & Trading Limited Shareholders' Equity
Common Stock
Additional Paid-in Capital
Accumulated Deficit
Noncontrolling Interest
Total
Balance at Dec. 31, 2024 $ 926,743 $ 427 $ 1,491,032 $ (564,716) $ 1,485 $ 928,228
Increase (Decrease) in Shareholders' Equity            
Net income (loss) (11,923)     (11,923) (39) (11,962)
Issuance of shares due to vesting of RSUs and exercise of options, net of forfeitures   2 (2)      
Cash dividends declared (13,111)   (13,111)     (13,111)
Nonvested stock amortization 1,496   1,496     1,496
Balance at Mar. 31, 2025 903,205 429 1,479,415 (576,639) 1,446 904,651
Balance at Dec. 31, 2024 926,743 427 1,491,032 (564,716) 1,485 928,228
Increase (Decrease) in Shareholders' Equity            
Net income (loss)           (18,771)
Balance at Jun. 30, 2025 891,604 429 1,474,615 (583,440) 1,438 893,042
Balance at Mar. 31, 2025 903,205 429 1,479,415 (576,639) 1,446 904,651
Increase (Decrease) in Shareholders' Equity            
Net income (loss) (6,801)     (6,801) (8) (6,809)
Cash dividends declared (6,580)   (6,580)     (6,580)
Nonvested stock amortization 1,780   1,780     1,780
Balance at Jun. 30, 2025 891,604 429 1,474,615 (583,440) 1,438 893,042
Balance at Dec. 31, 2025 896,484 432 1,465,134 (569,082) 1,336 897,820
Increase (Decrease) in Shareholders' Equity            
Net income (loss) 9,309     9,309 266 9,575
Issuance of shares due to vesting of RSUs, PRSUs and exercise of options   3 (3)      
Cash dividends declared (22,247)   (22,247)     (22,247)
Nonvested stock amortization 1,830   1,830     1,830
Balance at Mar. 31, 2026 885,376 435 1,444,714 (559,773) 1,602 886,978
Balance at Dec. 31, 2025 896,484 432 1,465,134 (569,082) 1,336 897,820
Increase (Decrease) in Shareholders' Equity            
Net income (loss)           26,312
Balance at Jun. 30, 2026 888,567 436 1,431,255 (543,124) 1,690 890,257
Balance at Mar. 31, 2026 885,376 435 1,444,714 (559,773) 1,602 886,978
Increase (Decrease) in Shareholders' Equity            
Net income (loss) 16,649     16,649 88 16,737
Issuance of shares due to vesting of RSUs and exercise of options, net of forfeitures   1 (1)      
Cash dividends declared (15,703)   (15,703)     (15,703)
Nonvested stock amortization 2,245   2,245     2,245
Balance at Jun. 30, 2026 $ 888,567 $ 436 $ 1,431,255 $ (543,124) $ 1,690 $ 890,257