Goodwill and Other Intangible Assets (Tables)

9 Months Ended

Sep. 30, 2020

Goodwill And Intangible Assets Disclosure [Abstract]

Changes in the Company's Goodwill Balances

Changes in the Company's goodwill balances from January 1, 2020 to September 30, 2020 are as follows (in thousands):

	January 1, 2020		Foreign Currency Translation		September 30, 2020
GEO Secure Services	$	316,366	$	—	$	316,366
GEO Care		459,589		—		459,589
International Services		401		8		409
Total Goodwill	$	776,356	$	8	$	776,364

Schedule of Intangible Assets

The Company's intangible assets include facility management contracts, covenants not to compete, trade names and technology, as follows (in thousands):

	September 30, 2020									December 31, 2019
	Weighted Average Useful Life (years)		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization			Net Carrying Amount
Facility management contracts		16.3	$	308,336	$	(163,671	)	$	144,665	$	308,432	$	(148,171	)	$	160,261
Technology		7.3		33,700		(30,300	)		3,400		33,700		(29,091	)		4,609
Trade names	Indefinite			45,200		—			45,200		45,200		—			45,200
Total acquired intangible assets			$	387,236	$	(193,971	)	$	193,265	$	387,332	$	(177,262	)	$	210,070

Estimated Amortization Expense for the Remainder

Estimated amortization expense related to the Company's finite-lived intangible assets for the remainder of 2020 through 2024 and thereafter is as follows (in thousands):

Fiscal Year	Total Amortization Expense
Remainder of 2020	$	7,222
2021		19,769
2022		18,125
2023		13,481
2024		9,748
Thereafter		79,720
	$	148,065