XML 54 R43.htm IDEA: XBRL DOCUMENT
v3.21.2

Fair Value of Assets and Liabilities - Carrying Value and Estimated Fair Value of Financial Instruments (Details) - USD ($) $ in Thousands | Sep. 30, 2021 | Dec. 31, 2020 | Sep. 30, 2020
--- | --- | --- | ---
Assets: |  |  |
Cash and cash equivalents | $ 537,070 | $ 283,524 | $ 53,676
Carrying Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 537,070 | 283,524 |
Restricted cash and investments | 48,377 | 28,329 |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,549,783 | 1,474,437 |
Non-recourse debt | 317,671 | 344,614 |
Fair Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 537,070 | 283,524 |
Restricted cash and investments | 48,377 | 28,329 |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,444,437 | 1,342,066 |
Non-recourse debt | 317,671 | 344,632 |
Level 1 | Fair Value |  |  |
Assets: |  |  |
Cash and cash equivalents | 537,070 | 283,524 |
Restricted cash and investments | 48,377 | 28,329 |
Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Borrowings under senior credit facility | 1,444,437 | 1,342,066 |
Non-recourse debt | 317,671 | 344,632 |
5.125% Senior Notes due 2023 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 259,275 | 281,783 |
5.125% Senior Notes due 2023 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 245,410 | 256,096 |
5.125% Senior Notes due 2023 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 245,410 | 256,096 |
6.50% Exchangeable Senior Notes due 2026 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 230,000 |  |
6.50% Exchangeable Senior Notes due 2026 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 238,799 |  |
6.50% Exchangeable Senior Notes due 2026 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 238,799 |  |
5.875% Senior Notes due 2022 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value |  | 193,958 |
5.875% Senior Notes due 2022 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value |  | 192,736 |
5.875% Senior Notes due 2022 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value |  | 192,736 |
5.875% Senior Notes due 2024 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 225,293 | 242,500 |
5.875% Senior Notes due 2024 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 191,519 | 202,458 |
5.875% Senior Notes due 2024 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 191,519 | 202,458 |
6.00% Senior Notes due 2026 | Carrying Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 350,000 | 350,000 |
6.00% Senior Notes due 2026 | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | 276,113 | 279,493 |
6.00% Senior Notes due 2026 | Significant Other Observable Inputs (Level 2) | Fair Value |  |  |
Liabilities: |  |  |
Senior notes, fair value | $ 276,113 | $ 279,493 |

X
- Definition Borrowings under revolver and term loans. + References No definition available. + Details
Name: | geo_BorrowingsUnderRevolverAndTermLoans
Namespace Prefix: | geo_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_AssetsFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. Excludes cash and cash equivalents within disposal group and discontinued operation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3044-108585 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section 45 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=124098289&loc=d3e6676-107765 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.1) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CashAndCashEquivalentsAtCarryingValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Fair value portion of debt instrument payable, including, but not limited to, notes payable and loans payable. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69C -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495737-112612 Reference 2: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 55 -Paragraph 69B -URI http://asc.fasb.org/extlink&oid=123466577&loc=SL123495735-112612 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 825 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123594938&loc=d3e13433-108611 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 20 -Section 50 -Paragraph 1D -Subparagraph (c) -URI http://asc.fasb.org/extlink&oid=123466505&loc=SL123495340-112611 + Details
Name: | us-gaap_DebtInstrumentFairValue
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- References No definition available. + Details
Name: | us-gaap_LiabilitiesFairValueDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount of debt for which creditor does not have general recourse to the debtor but rather has recourse only to the property used for collateral in the transaction or other specific property. + References No definition available. + Details
Name: | us-gaap_NonRecourseDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount of cash and cash equivalents restricted as to withdrawal or usage. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(2)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(1)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 50 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=123431023&loc=SL98516268-108586 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(1)(a)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 4 -URI http://asc.fasb.org/extlink&oid=123570139&loc=d3e3044-108585 + Details
Name: | us-gaap_RestrictedCashAndCashEquivalents
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_CarryingReportedAmountFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByMeasurementBasisAxis=us-gaap_EstimateOfFairValueFairValueDisclosureMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel1Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_FairValueByFairValueHierarchyLevelAxis=us-gaap_FairValueInputsLevel2Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=geo_FivePointOneTwoFivePercentSeniorNotesDue2023Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=geo_SixPointFiveZeroPercentExchangeableSeniorNotesDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=geo_FivePointEightSevenFivePercentSeniorNotesDue2022Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=geo_FivePointEightSevenFivePercentSeniorNotesDue2024Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_DebtInstrumentAxis=geo_SixPercentSeniorNotesDue2026Member
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |