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Consolidated Balance Sheets - USD ($)
$ in Thousands
Dec. 31, 2019
Dec. 31, 2018
Current Assets    
Cash and cash equivalents $ 32,463 $ 31,255
Restricted cash and investments 32,418 51,678
Accounts receivable, less allowance for doubtful accounts of $3,195 and $4,183, respectively 430,982 445,526
Contract receivable, current portion 11,199 15,535
Prepaid expenses and other current assets 40,716 57,768
Total current assets 547,778 601,762
Restricted Cash and Investments 30,923 22,431
Property and Equipment, Net 2,144,722 2,158,610
Contract Receivable 360,647 368,178
Operating Lease Right-of-Use Assets, Net 121,527 0
Assets Held for Sale 6,059 2,634
Deferred Income Tax Assets 36,278 29,924
Goodwill 776,356 776,359
Intangible Assets, Net 210,070 232,360
Other Non-Current Assets 83,174 65,860
Total Assets 4,317,534 4,258,118
Current Liabilities    
Accounts payable 99,232 93,032
Accrued payroll and related taxes 54,672 76,009
Accrued expenses and other current liabilities 191,608 204,170
Operating lease liabilities, current portion 26,208 0
Current portion of finance lease liabilities, long-term debt and non-recourse debt 24,208 332,027
Total current liabilities 395,928 705,238
Deferred Income Tax Liabilities 19,254 13,681
Other Non-Current Liabilities 88,526 82,481
Operating Lease Liabilities 97,291 0
Finance Lease Obligations 2,954  
Finance Lease Obligations   4,570
Long-Term Debt 2,408,297 2,397,227
Non-Recourse Debt 309,236 15,017
Commitments and Contingencies (Note 18)
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, 125,435,573 and 124,794,986 issued and 121,225,319 and 120,584,732 outstanding, respectively 1,254 1,248
Additional paid-in capital 1,230,865 1,210,916
Distributions in excess of earnings (119,779) (52,868)
Accumulated other comprehensive loss (20,335) (23,618)
Treasury stock, 4,210,254 and 4,210,254 shares, at cost, respectively (95,175) (95,175)
Total shareholders’ equity attributable to The GEO Group, Inc. 996,830 1,040,503
Noncontrolling interests (782) (599)
Total shareholders’ equity 996,048 1,039,904
Total Liabilities and Shareholders’ Equity $ 4,317,534 $ 4,258,118