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Consolidated Statements of Operations (Unaudited) - USD ($)
shares in Thousands, $ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Income Statement [Abstract]        
Revenues $ 557,277 $ 579,136 $ 1,699,073 $ 1,771,982
Operating expenses 399,900 434,131 1,233,060 1,339,912
Depreciation and amortization 32,883 33,628 100,306 100,389
General and administrative expenses 50,475 46,644 153,642 145,969
Operating income 74,019 64,733 212,065 185,712
Interest income 5,990 6,360 18,177 17,046
Interest expense (32,525) (30,749) (96,422) (95,539)
Gain on extinguishment of debt   1,472 4,693 3,035
Loss on asset divestiture (5,031)   (5,031)  
Gain (loss) on dispositions of real estate (1,057) (271) 9,322 (1,151)
Income before income taxes and equity in earnings of affiliates 41,396 41,545 142,804 109,103
Provision for income taxes 8,395 4,616 21,394 15,358
Equity in earnings of affiliates, net of income tax provision of $291, $484, $631 and $928 respectively 1,640 2,243 5,647 7,202
Net income 34,641 39,172 127,057 100,947
Net loss attributable to noncontrolling interests 69 48 157 174
Net income attributable to The GEO Group, Inc. $ 34,710 $ 39,220 $ 127,214 $ 101,121
Weighted-average common shares outstanding:        
Basic 120,525 119,826 120,326 119,677
Diluted 120,872 120,032 120,583 119,964
Basic:        
Net income per common share attributable to The GEO Group, Inc. - basic $ 0.24 $ 0.33 $ 0.94 $ 0.84
Diluted:        
Net income per common share attributable to The GEO Group, Inc. - diluted $ 0.24 0.33 0.94 0.84
Dividends declared per share   $ 0.48 $ 0.25 $ 1.44