XML 18 R55.htm IDEA: XBRL DOCUMENT
v2.4.1.9

Debt Senior Credit Facility (Details) |  |  |  |  | 0 Months Ended |  | 0 Months Ended |
--- | --- | --- | --- | --- | --- | --- | --- | ---
Mar. 31, 2015 USD ($) | Dec. 31, 2014 USD ($) | Mar. 31, 2015 Revolver USD ($) | Mar. 31, 2015 Letter of Credit USD ($) | Mar. 31, 2015 Additional Revolver USD ($) | Mar. 31, 2015 Term Loan USD ($) | Aug. 27, 2014 Term Loan Credit Facility Term Loan USD ($) | Aug. 27, 2014 Term Loan London Interbank Offered Rate (LIBOR) | Aug. 27, 2014 Term Loan London Interbank Offered Rate (LIBOR) Minimum | Aug. 27, 2014 Australian LC Facility Letter of Credit AUD | Aug. 27, 2014 Revolver Revolving Credit Facility USD ($) | Aug. 27, 2014 Revolver London Interbank Offered Rate (LIBOR) | Aug. 27, 2014 Credit Agreement
Line of Credit Facility [Line Items] |  |  |  |  |  |  |  |  |  |  |  |  |
Face amount |  |  |  |  |  |  | $ 296,300,000 us-gaap_DebtInstrumentFaceAmount / us-gaap_DebtInstrumentAxis = geo_TermLoanMember / us-gaap_LongtermDebtTypeAxis = geo_CreditFacilityTermLoanMember |  |  |  |  |  |
Basis spread on variable rate |  |  |  |  |  |  |  | 2.50%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = geo_TermLoanMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember | 0.75%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = geo_TermLoanMember / us-gaap_RangeAxis = us-gaap_MinimumMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |  |  | 2.25%us-gaap_DebtInstrumentBasisSpreadOnVariableRate1 / us-gaap_DebtInstrumentAxis = geo_RevolverMember / us-gaap_VariableRateAxis = us-gaap_LondonInterbankOfferedRateLIBORMember |
Maximum borrowing capacity |  |  |  |  |  |  |  |  |  | 225,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember / us-gaap_DebtInstrumentAxis = geo_AustralianLCFacilityMember | 700,000,000 us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity / us-gaap_CreditFacilityAxis = us-gaap_RevolvingCreditFacilityMember / us-gaap_DebtInstrumentAxis = geo_RevolverMember |  |
Amount outstanding on letters of credit |  |  |  |  |  |  |  |  |  | 214,000,000 us-gaap_LettersOfCreditOutstandingAmount / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember / us-gaap_DebtInstrumentAxis = geo_AustralianLCFacilityMember |  |  |
Total leverage ratio |  |  |  |  |  |  |  |  |  |  |  |  | 5.75 geo_DebtInstrumentCovenantLeverageRatioMaximum / us-gaap_DebtInstrumentAxis = geo_CreditAgreementMember
Senior secured leverage ratio |  |  |  |  |  |  |  |  |  |  |  |  | 3.50 geo_DebtInstrumentCovenantSeniorSecuredLeverageRatioMaximum / us-gaap_DebtInstrumentAxis = geo_CreditAgreementMember
Interest coverage ratio |  |  |  |  |  |  |  |  |  |  |  |  | 3.00 geo_DebtInstrumentCovenantInterestCoverageRatioMinimum / us-gaap_DebtInstrumentAxis = geo_CreditAgreementMember
Term loan | 294,750,000 geo_TermLoans | 295,500,000 geo_TermLoans |  |  |  | 294,750,000 geo_TermLoans / us-gaap_CreditFacilityAxis = geo_TermLoanMember |  |  |  |  |  |  |
Revolver | 403,000,000 us-gaap_LineOfCredit | 70,000,000 us-gaap_LineOfCredit | 403,000,000 us-gaap_LineOfCredit / us-gaap_CreditFacilityAxis = geo_RevolverMember |  |  |  |  |  |  |  |  |  |
Long-term debt |  |  |  | 59,000,000 us-gaap_LongTermDebt / us-gaap_CreditFacilityAxis = us-gaap_LetterOfCreditMember |  |  |  |  |  |  |  |  |
Borrowing capacity increase |  |  |  |  | $ 238,000,000 us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity / us-gaap_CreditFacilityAxis = geo_AdditionalRevolverMember |  |  |  |  |  |  |  |
Weighted average interest rate | 2.80%us-gaap_LongtermDebtWeightedAverageInterestRate |  |  |  |  |  |  |  |  |  |  |  |

X
- Definition Debt Instrument, Covenant, Interest Coverage Ratio, Minimum + References No definition available. + Details
Name: | geo_DebtInstrumentCovenantInterestCoverageRatioMinimum
Namespace Prefix: | geo_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Leverage Ratio, Maximum + References No definition available. + Details
Name: | geo_DebtInstrumentCovenantLeverageRatioMaximum
Namespace Prefix: | geo_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Debt Instrument, Covenant, Senior Secured Leverage Ratio, Maximum + References No definition available. + Details
Name: | geo_DebtInstrumentCovenantSeniorSecuredLeverageRatioMaximum
Namespace Prefix: | geo_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | instant

X
- Definition Term loans. + References No definition available. + Details
Name: | geo_TermLoans
Namespace Prefix: | geo_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Percentage points added to the reference rate to compute the variable rate on the debt instrument. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentBasisSpreadOnVariableRate1
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face (par) amount of debt instrument at time of issuance. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6451184&loc=d3e28551-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=34725769&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentFaceAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The total amount of the contingent obligation under letters of credit outstanding as of the reporting date. + References No definition available. + Details
Name: | us-gaap_LettersOfCreditOutstandingAmount
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The carrying value as of the balance sheet date of the current and noncurrent portions of long-term obligations drawn from a line of credit, which is a bank's commitment to make loans up to a specific amount. Examples of items that might be included in the application of this element may consist of letters of credit, standby letters of credit, and revolving credit arrangements, under which borrowings can be made up to a maximum amount as of any point in time conditional on satisfaction of specified terms before, as of and after the date of drawdowns on the line. Includes short-term obligations that would normally be classified as current liabilities but for which (a) postbalance sheet date issuance of a long term obligation to refinance the short term obligation on a long term basis, or (b) the enterprise has entered into a financing agreement that clearly permits the enterprise to refinance the short-term obligation on a long term basis and the following conditions are met (1) the agreement does not expire within 1 year and is not cancelable by the lender except for violation of an objectively determinable provision, (2) no violation exists at the BS date, and (3) the lender has entered into the financing agreement is expected to be financially capable of honoring the agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 20, 22 -Article 5 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LineOfCredit
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 19, 22 -Article 5 + Details
Name: | us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Carrying amount of long-term debt, net of unamortized discount or premium, including current and noncurrent amounts. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 7 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03.16) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 03 -Paragraph 16 -Article 9 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 20, 22 -Article 5 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03.16) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Weighted average interest rate of long-term debt outstanding. + References No definition available. + Details
Name: | us-gaap_LongtermDebtWeightedAverageInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant