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Shareholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2016
Equity [Abstract] |
Changes in shareholders' equity that are attributable to the Company's shareholders and to noncontrolling interests | The following table presents the changes in shareholders’ equity that are attributable to the Company’s shareholders and to noncontrolling interests (in thousands):
| Common shares |  | Additional Paid-In |  | Earnings in Excess of |  | Accumulated Other Comprehensive |  | Noncontrolling |  | Total Shareholders'
| Shares |  | Amount |  | Capital |  | Distributions |  | Loss |  | Interests |  | Equity
Balance, December 31, 2015 | 74,643 |  |  | $ | 747 |  |  | $ | 879,599 |  |  | $ | 158,796 |  |  | $ | (32,404 | ) |  | $ | 99 |  |  | $ | 1,006,837 |
Proceeds from exercise of stock options | 50 |  |  | — |  |  | 979 |  |  | — |  |  | — |  |  | — |  |  | 979 |
Tax deficiency related to equity compensation | — |  |  | — |  |  | (818 | ) |  | — |  |  | — |  |  | — |  |  | (818 | )
Stock-based compensation expense | — |  |  | — |  |  | 3,241 |  |  | — |  |  | — |  |  | — |  |  | 3,241 |
Restricted stock granted | 344 |  |  | 3 |  |  | (3 | ) |  | — |  |  | — |  |  | — |  |  | — |
Restricted stock canceled | (37 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Dividends paid | — |  |  | — |  |  | — |  |  | (48,507 | ) |  | — |  |  | — |  |  | (48,507 | )
Shares withheld for net settlements of share-based awards | (57 | ) |  | — |  |  | (1,717 | ) |  | — |  |  | — |  |  | — |  |  | (1,717 | )
Other adjustments to additional paid-in-capital | — |  |  | — |  |  | 179 |  |  | — |  |  | — |  |  | — |  |  | 179 |
Issuance of common stock - ESPP | 4 |  |  | — |  |  | 107 |  |  | — |  |  | — |  |  | — |  |  | 107 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 32,350 |  |  | — |  |  | (24 | ) |  | 32,326 |
Other comprehensive (loss) income | — |  |  | — |  |  | — |  |  | — |  |  | (906 | ) |  | 8 |  |  | (898 | )
Balance, March 31, 2016 | 74,947 |  |  | $ | 750 |  |  | $ | 881,567 |  |  | $ | 142,639 |  |  | $ | (33,310 | ) |  | $ | 83 |  |  | $ | 991,729 |
Dividends declared | During the three months ended March 31, 2016 and the year ended December 31, 2015, respectively, GEO declared and paid the following regular cash distributions to its shareholders as follows:
Declaration Date |  | Record Date | Payment Due |  | Distribution Per Share |  | Aggregate Payment Amount (in millions)
February 6, 2015 |  | February 17, 2015 | February 27, 2015 |  | $0.62 |  | $46.0
April 29, 2015 |  | May 11, 2015 | May 21, 2015 |  | $0.62 |  | $46.3
July 31, 2015 |  | August 14, 2015 | August 24, 2015 |  | $0.62 |  | $46.3
November 3, 2015 |  | November 16, 2015 | November 25, 2015 |  | $0.65 |  | $48.5
February 3, 2016 |  | February 16, 2016 | February 26, 2016 |  | $0.65 |  | $48.5
Schedule of accumulated other comprehensive income (loss) | The components of accumulated other comprehensive income (loss) attributable to GEO within shareholders' equity are as follows:
|  | Three Months Ended March 31, 2016
|  | (In thousands)
|  | Foreign currency translation adjustments, net of tax attributable to The GEO Group, Inc. (1) |  | Unrealized (loss)/gain on derivatives, net of tax |  | Pension adjustments, net of tax |  | Total
Balance, December 31, 2015 |  | $ | (11,747 | ) |  | $ | (17,697 | ) |  | $ | (2,960 | ) |  | $ | (32,404 | )
Current-period other comprehensive (loss) income |  | 1,505 |  |  | (2,444 | ) |  | 33 |  |  | (906 | )
Balance, March 31, 2016 |  | $ | (10,242 | ) |  | $ | (20,141 | ) |  | $ | (2,927 | ) |  | $ | (33,310 | )
(1) The foreign currency translation related to noncontrolling interests was not significant at March 31, 2016 or December 31, 2015.

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- Definition Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6928386&loc=d3e21463-112644 + Details
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