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Shareholders' Equity (Tables) | 3 Months Ended
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Mar. 31, 2017
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, 2016 | 112,548 |  |  | $ | 1,125 |  |  | $ | 891,993 |  |  | $ | 112,763 |  |  | $ | (30,825 | ) |  | $ | (99 | ) |  | $ | 974,957 |
Proceeds from exercise of stock options | 195 |  |  | 2 |  |  | 3,880 |  |  | — |  |  | — |  |  | — |  |  | 3,882 |
Stock-based compensation expense | — |  |  | — |  |  | 4,963 |  |  | — |  |  | — |  |  | — |  |  | 4,963 |
Restricted stock granted | 622 |  |  | 6 |  |  | (6 | ) |  | — |  |  | — |  |  | — |  |  | — |
Restricted stock canceled | (11 | ) |  | — |  |  | — |  |  | — |  |  | — |  |  | — |  |  | — |
Dividends paid | — |  |  | — |  |  | — |  |  | (52,504 | ) |  | — |  |  | — |  |  | (52,504 | )
Issuance of common stock - prospectus supplement | 10,350 |  |  | 104 |  |  | 275,932 |  |  | — |  |  | — |  |  | — |  |  | 276,036 |
Shares withheld for net settlements of share-based awards | (113 | ) |  | (1 | ) |  | (3,433 | ) |  | — |  |  | — |  |  | — |  |  | (3,434 | )
Re-issuance of treasury shares - ESPP | 4 |  |  | — |  |  | 122 |  |  | — |  |  | — |  |  | — |  |  | 122 |
Net income (loss) | — |  |  | — |  |  | — |  |  | 40,403 |  |  | — |  |  | (37 | ) |  | 40,366 |
Other comprehensive income | — |  |  | — |  |  | — |  |  | — |  |  | 1,258 |  |  | 2 |  |  | 1,260 |
Balance, March 31, 2017 | 123,595 |  |  | $ | 1,236 |  |  | $ | 1,173,451 |  |  | $ | 100,662 |  |  | $ | (29,567 | ) |  | $ | (134 | ) |  | $ | 1,245,648 |
Dividends declared | During the three months ended March 31, 2017 and the year ended December 31, 2016, respectively, GEO declared and paid the following regular cash distributions to its shareholders as follows:
Declaration Date |  | Payment Date | Record Date |  | Distribution Per Share |  | Aggregate Payment Amount (in millions)
February 3, 2016 |  | February 26, 2016 | February 16, 2016 |  | $0.43 |  | $48.5
April 20, 2016 |  | May 12, 2016 | May 2, 2016 |  | $0.43 |  | $48.7
July 20, 2016 |  | August 12, 2016 | August 1, 2016 |  | $0.43 |  | $48.7
October 18, 2016 |  | November 10, 2016 | October 31, 2016 |  | $0.43 |  | $48.8
February 6, 2017 |  | February 27, 2017 | February 17, 2017 |  | $0.47 |  | $52.5
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, 2017
|  | (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, 2016 |  | $ | (11,284 | ) |  | $ | (15,877 | ) |  | $ | (3,664 | ) |  | $ | (30,825 | )
Current-period other comprehensive (loss) income |  | 1,690 |  |  | (479 | ) |  | 47 |  |  | 1,258 |
Balance, March 31, 2017 |  | $ | (9,594 | ) |  | $ | (16,356 | ) |  | $ | (3,617 | ) |  | $ | (29,567 | )
(1) The foreign currency translation related to noncontrolling interests was not significant at March 31, 2017 or December 31, 2016.

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