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Consolidated Balance Sheets - USD ($)
$ in Thousands
Jun. 30, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 21,561 $ 31,255
Restricted cash and cash equivalents 56,343 51,678
Accounts receivable, less allowance for doubtful accounts of $4,228 and $4,183, respectively 394,720 445,526
Contract receivable, current portion 13,944 15,535
Prepaid expenses and other current assets 46,316 57,768
Total current assets 532,884 601,762
Restricted Cash and Investments 27,358 22,431
Property and Equipment, Net 2,148,225 2,158,610
Assets Held for Sale 4,607 2,634
Contract Receivable 365,208 368,178
Operating Lease Right-of-Use Assets, Net 132,016  
Deferred Income Tax Assets 29,924 29,924
Goodwill 776,357 776,359
Intangible Assets, Net 221,222 232,360
Other Non-Current Assets 70,337 65,860
Total Assets 4,308,138 4,258,118
Current Liabilities    
Accounts payable 91,257 93,032
Accrued payroll and related taxes 71,369 76,009
Accrued expenses and other current liabilities 189,083 204,170
Operating lease liabilities, current portion 32,077  
Current portion of finance lease liabilities, long-term debt and non-recourse debt 25,866 332,027
Total current liabilities 409,652 705,238
Deferred Income Tax Liabilities 13,681 13,681
Other Non-Current Liabilities 81,812 82,481
Operating Lease Liabilities 102,844  
Finance Lease Liabilities 3,779  
Finance Lease Liabilities   4,570
Long-Term Debt 2,354,526 2,397,227
Non-Recourse Debt 320,306 15,017
Commitments and Contingencies (Note 12)
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, 125,422,811 and 124,794,986 issued and 121,212,557 and 120,584,732 outstanding, respectively 1,254 1,248
Additional paid-in capital 1,220,242 1,210,916
Distributions in excess of earnings (87,339) (52,868)
Accumulated other comprehensive loss (16,716) (23,618)
Treasury stock, 4,210,254 shares, at cost (95,175) (95,175)
Total shareholders’ equity attributable to The GEO Group, Inc. 1,022,266 1,040,503
Noncontrolling interests (728) (599)
Total shareholders’ equity 1,021,538 1,039,904
Total Liabilities and Shareholders’ Equity $ 4,308,138 $ 4,258,118