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Debt (Tables)
 12 Months Ended
Dec. 31, 2018
Debt Instrument [Line Items]  
Summary of debt
Debt consisted of the following (in thousands):
 
 
 
December 31, 2018
 
December 31, 2017
Senior Credit Facility:
 

 

    Term loan
 
$
786,000

 
$
794,000

    Discount on term loan
 
(2,878
)
 
(3,499
)
    Unamortized debt issuance costs on term loan
 
(6,826
)
 
(7,612
)
    Revolver
 
490,843

 
270,559

Total Senior Credit Facility
 
$
1,267,139

 
$
1,053,448

6.00% Senior Notes:
 
 
 
 
    Notes Due in 2026
 
$
350,000

 
$
350,000

    Unamortized debt issuance costs
 
(4,820
)
 
(5,325
)
Total 6.00% Senior Notes Due in 2026
 
$
345,180

 
$
344,675

5.875% Senior Notes:
 
 
 
 
    Notes Due in 2024
 
$
250,000

 
$
250,000

    Unamortized debt issuance costs
 
(2,971
)
 
(3,385
)
Total 5.875% Senior Notes Due in 2024
 
$
247,029

 
$
246,615

5.125% Senior Notes:
 
 
 
 
    Notes Due in 2023
 
$
300,000

 
$
300,000

    Unamortized debt issuance costs
 
(3,548
)
 
(4,184
)
Total 5.125% Senior Notes Due in 2023
 
$
296,452

 
$
295,816

5.875% Senior Notes:
 
 
 
 
    Notes Due in 2022
 
$
250,000

 
$
250,000

    Unamortized debt issuance costs
 
(2,514
)
 
(3,241
)
Total 5.875% Senior Notes Due in 2022
 
$
247,486

 
$
246,759

Non-Recourse Debt:
 

 
 
    Non-Recourse Debt
 
$
341,074

 
$
394,008

    Unamortized debt issuance costs on non-recourse debt
 
(3,883
)
 
(9,322
)
    Discount on Non-Recourse Debt
 
(164
)
 
(271
)
Total Non-Recourse Debt
 
$
337,027

 
$
384,415

Capital Lease Obligations
 
6,059

 
7,431

Other debt
 
2,469

 
2,728

Total debt
 
$
2,748,841

 
$
2,581,887

Current portion of capital lease obligations, long-term debt and non-recourse debt [1]
 
(332,027
)
 
(28,920
)
Capital Lease Obligations, long-term portion
 
(4,570
)
 
(6,059
)
Non-Recourse Debt, long-term portion
 
(15,017
)
 
(365,364
)
Long-Term Debt
 
$
2,397,227

 
$
2,181,544


[1] Balance at December 31, 2018 includes the balance of the non-recourse debt related to Ravenhall which, in accordance with the syndicated facility agreement, must be refinanced in September 2019. Although the Company has begun negotiations for a refinancing transaction, there is not yet a financing agreement in place. As such, the balance has been reflected as current as of December 31, 2018.
Debt repayment schedules under capital lease obligations, long-term debt and non-recourse debt
Debt repayment schedules under Capital Lease Obligations, Long-Term Debt, Non-Recourse Debt and the Senior Credit Facility are as follows:
 
Fiscal Year
Capital
Leases
 
Long-Term
Debt
 
Non-
Recourse
Debt
 
Revolver
 
Term
Loans
 
Total
Annual
Repayment
 
(In thousands)
2019
$
1,934

 
$
527

 
$
325,344

 
$
—

 
$
8,000

 
$
335,805

2020
1,934

 
272

 
7,665

 
—

 
8,000

 
17,871

2021
1,936

 
183

 
8,065

 
490,843

 
8,000

 
509,027

2022
1,233

 
250,178

 
—

 
—

 
8,000

 
259,411

2023
—

 
300,185

 
—

 
—

 
8,000

 
308,185

Thereafter
—

 
601,124

 
—

 
—

 
746,000

 
1,347,124

 
7,037

 
1,152,469

 
341,074

 
490,843

 
786,000

 
2,777,423

Interest imputed on Capital Leases
(979
)
 
—

 
—

 
—

 
—

 
(979
)
Original issue discount
—

 
—

 
(164
)
 
—

 
(2,878
)
 
(3,042
)
Current portion
(1,488
)
 
(527
)
 
(325,344
)
 
—

 
(8,000
)
 
(335,359
)
Non-current portion
$
4,570

 
$
1,151,942

 
$
15,566

 
$
490,843

 
$
775,122

 
$
2,438,043
Senior Notes | 5.875% Senior Notes due 2024  
Debt Instrument [Line Items]  
Debt instrument redemption
In addition, the Company may, at its option, redeem the 5.875% Senior Notes due 2024 in whole or in part on or after October 15, 2019 through 2024 and thereafter as indicated below:

 
 
 
 
Year
  
Percentage
2019
  
102.938%
2020
  
101.958%
2021
  
100.979%
2022 and thereafter
  
100.000%
Senior Notes | 6.00% Senior Notes  
Debt Instrument [Line Items]  
Debt instrument redemption
On or after April 15, 2021, GEO may, at its option, redeem all or part of the 6.00% Senior Notes upon not less than 30 nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest, if any, on the 6.00% Senior Notes redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on April 15 of the years indicated below:
 
 
 
Year
  
Percentage
2021
  
103.000%
2022
  
102.000%
2023
  
101.000%
2024 and thereafter
  
100.000%
Senior Notes | 5.875% Senior Notes  
Debt Instrument [Line Items]  
Debt instrument redemption
On or after January 15, 2017, GEO may, at its option, redeem all or part of the 5.875% Senior Notes 2022 upon not less than 30 days nor more than 60 days’ notice, at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest and including liquidated damages, if any, on the 5.875% Senior Notes due 2022 redeemed, to the applicable redemption date, if redeemed during the 12-month period beginning on January 15 of the years indicated below:

Year
Percentage
2017
104.406
%
2018
102.938
%
2019
101.469
%
2020 and thereafter
100.000
%
Senior Notes | 5.125% Senior Notes  
Debt Instrument [Line Items]  
Debt instrument redemption
On or after April 1, 2018, the Company may, at its option, redeem all or a part of the 5.125% Senior Notes upon not less than 30 days nor more than 60 days notice at the redemption prices (expressed as percentages of principal amount) set forth below, plus accrued and unpaid interest and liquidated damages, if any, on the 5.125% Senior Notes redeemed, to the applicable redemption date, if redeemed during the period beginning on April 1 of the years indicated below:
Year
Percentage
2018
102.563
%
2019
101.708
%
2020
100.854
%
2021 and thereafter
100.000
%