Current assets: |
Cash and cash equivalents |
40.03M |
Due from charterers, net of a reserve of $996 and $592, respectively |
8.47M |
Prepaid expenses and other current assets |
17.07M |
Total current assets |
87.82M |
Noncurrent assets: |
Vessels, net of accumulated depreciation of $398,190 and $334,502, respectively |
1.38B |
Deposits on vessels |
Deferred drydock, net of accumulated amortization of $9,850 and $9,044, respectively |
13.51M |
Other assets, net of accumulated amortization of $6,133 and $4,561, respectively |
Fixed assets, net of accumulated depreciation and amortization of $2,163 and $2,041, respectively |
1.07M |
Other noncurrent assets |
Restricted cash |
315K |
Investments |
6.19M |
Total noncurrent assets |
1.41B |
Total assets |
1.49B |
Current liabilities: |
Accounts payable and accrued expenses |
21.68M |
Current portion of long-term debt |
Deferred revenue |
1.5M |
Fair value of derivative instruments |
Total current liabilities |
563.63M |
Noncurrent liabilities: |
Deferred revenue |
Deferred rent credit |
1.69M |
Time charters acquired |
Fair value of derivative instruments |
Convertible senior note payable |
Long-term debt |
Total noncurrent liabilities |
1.69M |
Total liabilities |
565.32M |
Commitments and contingencies |
0 |
Genco Shipping & Trading Limited shareholders' equity: |
Common stock, par value $0.01; 100,000,000 shares authorized; issued and outstanding 35,966,198 and 35,951,198 shares at June 30, 2011 and December 31, 2010, respectively |
74K |
Additional paid-in capital |
1.5B |
Accumulated other comprehensive loss |
290K |
Retained earnings |
-569.84M |
Total Genco Shipping & Trading Limited shareholders' equity |
Noncontrolling interest |
Total equity |
928.14M |
Total liabilities and equity |
1.49B |