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Debt (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Instrument [Line Items]  
Summary of Debt
Debt consisted of the following (in thousands):
 
 
 
December 31, 2019
 
December 31, 2018
Senior Credit Facility:
 

 

    Term loan
 
$
778,000

 
$
786,000

    Unamortized debt issuance costs on term loan
 
(5,410
)
 
(6,826
)
    Unamortized discount on term loan
 
(2,281
)
 
(2,878
)
    Revolver
 
520,671

 
490,843

Total Senior Credit Facility
 
$
1,290,980

 
$
1,267,139

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

 
$
350,000

    Unamortized debt issuance costs
 
(4,282
)
 
(4,820
)
Total 6.00% Senior Notes Due in 2026
 
$
345,718

 
$
345,180

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

 
$
250,000

    Unamortized debt issuance costs
 
(2,532
)
 
(2,971
)
Total 5.875% Senior Notes Due in 2024
 
$
247,468

 
$
247,029

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

 
$
300,000

    Unamortized debt issuance costs
 
(2,876
)
 
(3,548
)
Total 5.125% Senior Notes Due in 2023
 
$
297,124

 
$
296,452

5.875% Senior Notes:
 
 
 
 
    Notes Due in 2022
 
$
193,958

 
$
250,000

    Unamortized debt issuance costs
 
(1,351
)
 
(2,514
)
Total 5.875% Senior Notes Due in 2022
 
$
192,607

 
$
247,486

Non-Recourse Debt:
 

 
 
    Non-Recourse Debt
 
$
328,178

 
$
341,074

    Unamortized debt issuance costs on non-recourse debt
 
(5,279
)
 
(3,883
)
    Discount on Non-Recourse Debt
 
(81
)
 
(164
)
Total Non-Recourse Debt
 
$
322,818

 
$
337,027

Finance Lease Obligations
 
4,570

 
6,059

Other debt
 
43,410

 
2,469

Total debt
 
$
2,744,695

 
$
2,748,841

Current portion of finance lease obligations, long-term debt and non-recourse debt [1]
 
(24,208
)
 
(332,027
)
Finance Lease Obligations, long-term portion
 
(2,954
)
 
(4,570
)
Non-Recourse Debt, long-term portion
 
(309,236
)
 
(15,017
)
Long-Term Debt
 
$
2,408,297

 
$
2,397,227


[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, had to be refinanced in September 2019. As such, the balance has been reflected as current
as of December 31, 2018. In May 2019, the debt was refinanced and the long-term portion was reclassified.
Debt Repayment Schedules Under Capital Lease Obligations, Long-Term Debt and Non-Recourse Debt
Debt repayment schedules under Finance Lease Obligations, Long-Term Debt, Non-Recourse Debt and the Senior Credit Facility are as follows:
 
Fiscal Year
Finance
Leases
 
Long-Term
Debt
 
Non-
Recourse
Debt
 
Revolver
 
Term
Loans
 
Total
Annual
Repayment
 
(In thousands)
2020
$
1,934

 
$
1,026

 
$
13,901

 
$
—

 
$
8,000

 
$
24,861

2021
1,936

 
1,071

 
14,780

 
—

 
8,000

 
25,787

2022
1,233

 
195,075

 
7,722

 
—

 
8,000

 
212,030

2023
—

 
301,166

 
8,218

 
—

 
8,000

 
317,384

2024
—

 
251,208

 
8,688

 
520,671

 
746,000

 
1,526,567

Thereafter
—

 
388,535

 
274,869

 
—

 
—

 
663,404

 
5,103

 
1,138,081

 
328,178

 
520,671

 
778,000

 
2,770,033

Interest imputed on Capital Leases
(533
)
 
—

 
—

 
—

 
—

 
(533
)
Original issue discount
—

 
—

 
(81
)
 
—

 
(2,281
)
 
(2,362
)
Current portion
(1,616
)
 
(1,026
)
 
(13,901
)
 
—

 
(8,000
)
 
(24,543
)
Non-current portion
$
2,954

 
$
1,137,055

 
$
314,196

 
$
520,671

 
$
767,719

 
$
2,742,595


Senior Notes | 5.875% Senior Notes due 2022  
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
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
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
2020
100.854
%
2021 and thereafter
100.000
%