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             $ 296,300,000us-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                   225,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_LetterOfCreditMember
/ us-gaap_DebtInstrumentAxis
= geo_AustralianLCFacilityMember
700,000,000us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= us-gaap_RevolvingCreditFacilityMember
/ us-gaap_DebtInstrumentAxis
= geo_RevolverMember
   
Amount outstanding on letters of credit                   214,000,000us-gaap_LettersOfCreditOutstandingAmount
/ us-gaap_CreditFacilityAxis
= us-gaap_LetterOfCreditMember
/ us-gaap_DebtInstrumentAxis
= geo_AustralianLCFacilityMember
     
Total leverage ratio                         5.75geo_DebtInstrumentCovenantLeverageRatioMaximum
/ us-gaap_DebtInstrumentAxis
= geo_CreditAgreementMember
Senior secured leverage ratio                         3.50geo_DebtInstrumentCovenantSeniorSecuredLeverageRatioMaximum
/ us-gaap_DebtInstrumentAxis
= geo_CreditAgreementMember
Interest coverage ratio                         3.00geo_DebtInstrumentCovenantInterestCoverageRatioMinimum
/ us-gaap_DebtInstrumentAxis
= geo_CreditAgreementMember
Term loan 294,750,000geo_TermLoans 295,500,000geo_TermLoans       294,750,000geo_TermLoans
/ us-gaap_CreditFacilityAxis
= geo_TermLoanMember
             
Revolver 403,000,000us-gaap_LineOfCredit 70,000,000us-gaap_LineOfCredit 403,000,000us-gaap_LineOfCredit
/ us-gaap_CreditFacilityAxis
= geo_RevolverMember
                   
Long-term debt       59,000,000us-gaap_LongTermDebt
/ us-gaap_CreditFacilityAxis
= us-gaap_LetterOfCreditMember
                 
Borrowing capacity increase         $ 238,000,000us-gaap_LineOfCreditFacilityRemainingBorrowingCapacity
/ us-gaap_CreditFacilityAxis
= geo_AdditionalRevolverMember
               
Weighted average interest rate 2.80%us-gaap_LongtermDebtWeightedAverageInterestRate