Goodwill and Other Intangible Assets, Net (Tables)

12 Months Ended

Dec. 31, 2018

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the Company's goodwill balances

Changes in the Company’s goodwill balances recognized during the years ended December 31, 2018 and 2017 were as follows (in thousands):

	December 31, 2017		Acquisitions (net of dispositions)			Foreign currency translation			December 31, 2018
U.S. Corrections & Detention	$	317,005	$	(639	)	$	—		$	316,366
GEO Care	461,499		(1,910		)	—			459,589
International Services	447		—			(43		)	404
Total Goodwill	$	778,951	$	(2,549	)	$	(43	)	$	776,359

	December 31, 2016		Acquisitions		Foreign currency translation		December 31, 2017
U.S. Corrections & Detention	$	277,774	$	39,231	$	—	$	317,005
GEO Care	337,257		124,242		—		461,499
International Services	402		—		45		447
Total Goodwill	$	615,433	$	163,473	$	45	$	778,951

Schedule of intangible assets

Intangible assets consisted of the following as of December 31, 2018 and December 31, 2017 (in thousands):

		December 31, 2018							December 31, 2017
	Weighted Average Useful Life (years)	Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Facility management contracts	16.3	$	308,419	$	(127,481	)	$	180,938	$	308,518	$	(106,724	)	$	201,794
Covenants not to compete	1	700		(700		)	—		700		(517		)	183
Technology	7.3	33,700		(27,478		)	6,222		33,700		(25,538		)	8,162
Trade names	Indefinite	45,200		—			45,200		45,200		—			45,200
Total acquired intangible assets		$	388,019	$	(155,659	)	$	232,360	$	388,118	$	(132,779	)	$	255,339

Estimated amortization expense for the remainder

Estimated amortization expense related to the Company’s finite-lived intangible assets for 2019 through 2023 and thereafter is as follows (in thousands):

Fiscal Year	Total  Amortization Expense
2019	$	22,287
2020	22,306
2021	19,782
2022	18,204
2023	13,494
Thereafter	91,087
	$	187,160