XML 36 R25.htm IDEA: XBRL DOCUMENT
v3.10.0.1

DEBT (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2018
Schedule of Debt Outstanding | Debt outstanding as of September 30, 2018 and December 31, 2017 consists of the following (in thousands):
|  | September 30, |  |  | December 31, |
|  | 2018 |  |  | 2017 |
Revolving Credit Facility, principal due at maturity in April 2023; interest payable periodically at variable interest rates. The weighted average rate at September 30, 2018 and December 31, 2017 was 3.7% and 3.1%, respectively. |  | $ | 189,000 |  |  | $ | 199,000 |
Term Loan, scheduled principal payments through maturity in April 2023; interest payable periodically at variable interest rates. The rate at September 30, 2018 and December 31, 2017 was 3.7% and 3.1%, respectively. Unamortized debt issuance costs amounted to $0.1 million and $0.3 million at September 30, 2018 and December 31, 2017, respectively. |  |  | 198,750 |  |  |  | 85,000 |
4.625% Senior Notes, principal due at maturity in May 2023; interest payable semi-annually in May and November at 4.625%. Unamortized debt issuance costs amounted to $2.9 million and $3.3 million at September 30, 2018 and December 31, 2017, respectively. |  |  | 350,000 |  |  |  | 350,000 |
4.125% Senior Notes, principal due at maturity in April 2020; interest payable semi-annually in April and October at 4.125%. Unamortized debt issuance costs amounted to $1.3 million and $1.9 million at September 30, 2018 and December 31, 2017, respectively. |  |  | 325,000 |  |  |  | 325,000 |
5.0% Senior Notes, principal due at maturity in October 2022; interest payable semi-annually in April and October at 5.0%. Unamortized debt issuance costs amounted to $1.9 million and $2.3 million at September 30, 2018 and December 31, 2017, respectively. |  |  | 250,000 |  |  |  | 250,000 |
4.75% Senior Notes, principal due at maturity in October 2027; interest payable semi-annually in April and October at 4.75%. Unamortized debt issuance costs amounted to $3.6 million and $4.0 million at September 30, 2018 and December 31, 2017, respectively. |  |  | 250,000 |  |  |  | 250,000 |
4.5% Non-Recourse Mortgage Note, secured by Capital Commerce Center; principal and interest at 4.5% payable monthly until maturity in January 2033. Unamortized debt issuance costs amounted to $0.3 million at September 30, 2018. |  |  | 23,725 |  |  |  | — |
4.43% Non-Recourse Mortgage Note, secured by the Lansing Correctional Facility; principal and interest at 4.43% payable quarterly beginning in July 2020 until maturity in January 2040. Unamortized debt issuance costs amounted to $3.4 million at September 30, 2018. |  |  | 35,363 |  |  |  | — |
4.5% Non-Recourse Mortgage Note, secured by SSA-Baltimore; principal and interest at 4.5% payable monthly until maturity in February 2034. Unamortized debt issuance costs amounted to $0.2 million at September 30, 2018. |  |  | 156,846 |  |  |  | — |
Total debt |  |  | 1,778,684 |  |  |  | 1,459,000 |
Unamortized debt issuance costs |  |  | (13,704 | ) |  |  | (11,813 | )
Current portion of long-term debt |  |  | (12,795 | ) |  |  | (10,000 | )
Long-term debt, net |  | $ | 1,752,185 |  |  | $ | 1,437,187 |
Schedule of Principal Payments | Scheduled principal payments as of September 30, 2018 for the remainder of 2018, the next four years, and thereafter were as follows (in thousands):
2018 (remainder) |  | $ | 2,857 |
2019 |  |  | 14,121 |
2020 |  |  | 343,849 |
2021 |  |  | 20,337 |
2022 |  |  | 274,231 |
Thereafter |  |  | 1,123,289 |
Total debt |  | $ | 1,778,684 |

X
- Definition Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. + References No definition available. + Details
Name: | us-gaap_ScheduleOfDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the combined aggregate amount of maturities and sinking fund requirements for all long-term borrowings for each of the five years following the date of the latest balance sheet date presented. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 470 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6802200&loc=d3e1835-112601 + Details
Name: | us-gaap_ScheduleOfMaturitiesOfLongTermDebtTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration