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Consolidated Balance Sheets - USD ($)
$ in Thousands
Sep. 30, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 51,526 $ 68,038
Restricted cash and investments 12,452 17,133
Accounts receivable, less allowance for doubtful accounts of $4,199 and $3,664, respectively 386,898 356,255
Contract receivable, current portion 243,531 224,033
Prepaid expenses and other current assets 36,073 32,210
Total current assets 730,480 697,669
Restricted Cash and Investments 31,032 20,848
Property and Equipment, Net 2,055,982 1,897,241
Non-Current Contract Receivable 405,780 219,783
Deferred Income Tax Assets 31,831 30,039
Goodwill 781,972 615,433
Intangible Assets, Net 261,790 203,884
Other Non-Current Assets 70,474 64,512
Total Assets 4,369,341 3,749,409
Current Liabilities    
Accounts payable 91,617 79,637
Accrued payroll and related taxes 48,780 55,260
Accrued expenses and other current liabilities 174,321 131,096
Current portion of capital lease obligations, long-term debt and non-recourse debt 260,046 238,065
Total current liabilities 574,764 504,058
Other Non-Current Liabilities 92,804 88,656
Capital Lease Obligations 6,412 7,431
Long-Term Debt 2,157,882 1,935,465
Non-Recourse Debt 323,387 238,842
Commitments, Contingencies and Other (Note 11)
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, 187,500,000 shares authorized, 123,990,529 and 112,547,544 issued and outstanding, respectively 1,240 1,125
Additional paid-in capital 1,185,643 891,993
Earnings in excess of distributions 53,495 112,763
Accumulated other comprehensive loss (26,068) (30,825)
Total shareholders’ equity attributable to The GEO Group, Inc. 1,214,310 975,056
Noncontrolling interests (218) (99)
Total shareholders’ equity 1,214,092 974,957
Total Liabilities and Shareholders’ Equity $ 4,369,341 $ 3,749,409