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Consolidated Balance Sheets - USD ($)
$ in Thousands
Mar. 31, 2016
Dec. 31, 2015
Current Assets    
Cash and cash equivalents $ 23,225 $ 59,638
Restricted cash and investments 48,306 8,489
Accounts receivable, less allowance for doubtful accounts of $3,851 and $3,088, respectively 341,596 314,097
Current deferred income tax assets 0 27,914
Prepaid expenses and other current assets 32,351 28,208
Total current assets 445,478 438,346
Restricted Cash and Investments 21,456 20,236
Property and Equipment, Net 1,919,594 1,916,386
Contract Receivable 230,927 174,141
Direct Finance Lease Receivable 0 1,826
Non-Current Deferred Income Tax Assets 24,154 7,399
Goodwill 615,459 615,438
Intangible Assets, Net 219,098 224,148
Other Non-Current Assets 66,861 64,307
Total Assets 3,543,027 3,462,227
Current Liabilities    
Accounts payable 83,509 77,523
Accrued payroll and related taxes 47,247 48,477
Accrued expenses and other current liabilities 126,260 135,483
Current portion of capital lease obligations, long-term debt and non-recourse debt 17,586 17,141
Total current liabilities 274,602 278,624
Non-Current Deferred Income Tax Liabilities 0 11,471
Other Non-Current Liabilities 90,789 87,694
Capital Lease Obligations 8,387 8,693
Long-Term Debt 1,884,641 1,855,810
Non-Recourse Debt $ 292,879 $ 213,098
Commitments, Contingencies and Other (Note 10)
Shareholders’ Equity    
Preferred stock, $0.01 par value, 30,000,000 shares authorized, none issued or outstanding $ 0 $ 0
Common stock, $0.01 par value, 125,000,000 shares authorized, 74,947,014 and 74,642,859 issued and outstanding, respectively 750 747
Additional paid-in capital 881,567 879,599
Earnings in excess of distributions 142,639 158,796
Accumulated other comprehensive loss (33,310) (32,404)
Total shareholders’ equity attributable to The GEO Group, Inc. 991,646 1,006,738
Noncontrolling interests 83 99
Total shareholders’ equity 991,729 1,006,837
Total Liabilities and Shareholders’ Equity $ 3,543,027 $ 3,462,227