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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2017
Dec. 31, 2016
Current Assets    
Cash and cash equivalents $ 81,377 $ 68,038
Restricted cash and investments 44,932 17,133
Accounts receivable, less allowance for doubtful accounts of $4,574 and $3,664, respectively 389,916 356,255
Contract receivable, current portion 18,142 224,033
Prepaid expenses and other current assets 45,342 32,210
Total current assets 579,709 697,669
Restricted Cash and Investments 27,999 20,848
Property and Equipment, Net 2,078,123 1,897,241
Non-Current Contract Receivable 404,309 219,783
Assets Held for Sale 3,915 0
Deferred Income Tax Assets 26,277 30,039
Goodwill 778,951 615,433
Intangible Assets, Net 255,339 203,884
Other Non-Current Assets 72,286 64,512
Total Assets 4,226,908 3,749,409
Current Liabilities    
Accounts payable 92,587 79,637
Accrued payroll and related taxes 71,732 55,260
Accrued expenses and other current liabilities 176,324 131,096
Current portion of capital lease obligations, long-term debt and non-recourse debt 28,920 238,065
Total current liabilities 369,563 504,058
Non-Current Deferred Income Tax Liabilities 8,757 0
Other Non-Current Liabilities 96,702 88,656
Capital Lease Obligations 6,059 7,431
Long-Term Debt 2,181,544 1,935,465
Non-Recourse Debt 365,364 238,842
Commitments and Contingencies (Note 17)
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, 124,008,303 and 112,547,544 issued and outstanding, respectively 1,240 1,125
Additional paid-in capital 1,190,906 891,993
Earnings in excess of distributions 31,541 112,763
Accumulated other comprehensive loss (24,446) (30,825)
Total shareholders’ equity attributable to The GEO Group, Inc. 1,199,241 975,056
Noncontrolling interests (322) (99)
Total shareholders’ equity 1,198,919 974,957
Total Liabilities and Shareholders’ Equity $ 4,226,908 $ 3,749,409