Component: (Network and Table)
Network
00100 - Statement - CONSOLIDATED BALANCE SHEETS
(http://www.gener8maritime.com/role/StatementConsolidatedBalanceSheets)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Reporting Entity [Axis]0001443799 (http://www.sec.gov/CIK)
CONSOLIDATED BALANCE SHEETSPeriod [Axis]
2016-12-31
2015-12-31
CONSOLIDATED BALANCE SHEETS
 
 
ASSETS
 
 
CURRENT ASSETS:
 
 
Cash and cash equivalents
94,681,000  
157,535,000  
Due from charterers, net
2,048,000  
13,611,000  
Due from Navig8 pools, net
60,750,000  
38,086,000  
Assets held for sale
30,195,000  
16,999,000  
Prepaid expenses and other current assets
27,611,000  
31,897,000  
Total current assets
215,285,000  
 
258,128,000  
 
NONCURRENT ASSETS:
 
 
Vessels, net of accumulated depreciation of $197,521 and $147,129, respectively
2,523,710,000  
1,086,877,000  
Vessels under construction
177,133,000  
911,017,000  
Other fixed assets, net
4,430,000  
4,664,000  
Deferred drydock costs, net
12,714,000  
17,875,000  
Working capital at Navig8 pools
33,100,000  
26,000,000  
Restricted cash
1,457,000  
1,425,000  
Goodwill
0  
26,291,000  
Derivative financial instruments
19,585,000  
 
Other noncurrent assets
5,255,000  
57,469,000  
Total noncurrent assets
2,777,384,000  
 
2,131,618,000  
 
TOTAL ASSETS
2,992,669,000  
 
2,389,746,000  
 
LIABILITIES AND SHAREHOLDERS' EQUITY
 
 
CURRENT LIABILITIES:
 
 
Accounts payable and accrued expenses
33,991,000  
133,248,000  
Long-term debt, current portion
181,023,000  
135,367,000  
Derivative financial instrument
1,552,000  
 
Total current liabilities
216,566,000  
 
268,615,000  
 
NONCURRENT LIABILITIES:
 
 
Long term debt
1,400,928,000  
821,687,000  
Less: unamortized discount and debt financing cost
(63,146,000) 
(48,964,000) 
Long-term debt less unamortized discount and debt financing costs
1,337,782,000  
 
772,723,000  
 
Other noncurrent liabilities
910,000  
647,000  
Total noncurrent liabilities
1,338,692,000  
 
773,370,000  
 
TOTAL LIABILITIES
1,555,258,000  
 
1,041,985,000  
 
COMMITMENTS AND CONTINGENCIES
xsi:nil  
xsi:nil  
SHAREHOLDERS' EQUITY:
 
 
Common stock, $0.01 par value per share; authorized 225,000,000 shares; issued and outstanding 82,960,194 shares at December 31, 2016 and 82,679,922 shares at December 31, 2015
830,000  
827,000  
Preferred stock, $0.01 par value per share; authorized 5,000,000 shares; issued and outstanding 0 shares at December 31, 2016 and 2015
xsi:nil  
xsi:nil  
Paid-in capital
1,515,362,000  
1,509,688,000  
Accumulated deficit
(96,115,000) 
(163,421,000) 
Accumulated other comprehensive income / (loss)
17,334,000  
667,000  
Total shareholders' equity
1,437,411,000  
 
1,347,761,000  
 
TOTAL LIABILITIES AND SHAREHOLDERS' EQUITY
2,992,669,000  
 
2,389,746,000