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Consolidated Statements of Cash Flows - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Cash Flow from Operating Activities:      
Net income $ 31,896 $ 107,183 $ 171,692
Net loss attributable to noncontrolling interests 70 142 121
Net income attributable to The GEO Group, Inc. 31,966 107,325 171,813
Adjustments to reconcile net income attributable to The GEO Group, Inc. to net cash provided by operating activities:      
Depreciation and amortization expense 126,220 125,784 132,925
Deferred tax provision (benefit) 1,537 1,476 (13,126)
Amortization of debt issuance costs, discount and/or premium and other non-cash interest 8,252 12,030 9,004
Stock-based compensation 18,107 15,065 16,204
Loss on extinguishment of debt 86,637 8,532 37,895
Provision for credit losses     258
Equity in earnings of affiliates, net of tax (2,703) (4,534) (4,771)
(Gain) loss on sale/disposal of property and equipment (250) 1,197 (114)
Realized/unrealized gain on investments (6,084) (7,151) (8,433)
Net loss (gain) on asset divestitures/impairment 2,907 (4,691) (32,332)
Dividends received from unconsolidated joint ventures 5,082 2,987 4,486
Changes in assets and liabilities, net of acquisition:      
Changes in accounts receivable, prepaid expenses and other assets (7,581) 11,672 (52,980)
Changes in contract receivable     5,305
Changes in accounts payable, accrued expenses and other liabilities (21,854) 8,090 21,845
Net cash provided by operating activities 242,236 277,782 287,979
Cash Flow from Investing Activities:      
Proceeds from sale of real estate and other assets   19,583 101,419
Purchases of marketable securities (33,119)    
Proceeds from sale of marketable securities 10,092    
Capital expenditures (78,691) (73,002) (90,026)
Net cash (used in) provided by investing activities (101,718) (53,419) 11,393
Cash Flow from Financing Activities:      
Payments on long-term debt (1,926,775) (208,390) (680,850)
Proceeds from long term debt 1,720,500   30,000
Proceeds from borrowings on revolver 110,000    
Payments on non-recourse debt     (5,676)
Taxes paid related to net share settlements of equity awards (9,657) (3,443) (1,302)
Debt issuance costs (35,748) (2,396) (41,536)
Proceeds from the sale of treasury shares   5,750  
Proceeds from stock options exercised 8,192 239 66
Proceeds from issuance of common stock in connection with ESPP 158 157 198
Payments for call premiums (35,558)    
Net cash used in financing activities (168,888) (208,083) (699,100)
Effect of Exchange Rate Changes on Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (5,633) (256) (4,751)
Net (Decrease) Increase in Cash, Cash Equivalents and Restricted Cash and Cash Equivalents (34,003) 16,024 (404,479)
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, beginning of period 159,867 143,843 548,322
Cash, Cash Equivalents and Restricted Cash and Cash Equivalents, end of period 125,864 159,867 143,843
Cash paid during the year for:      
Income taxes 15,684 19,227 44,612
Interest 190,606 198,710 103,752
Non-cash investing and financing activities:      
Principal Exchanges of Debt     1,620,318
Debt Issuance Costs in Accrued Expenses 0   11,245
Right-of-use assets obtained from operating lease liabilities 21,324 35,233 11,697
Capital expenditures in accounts payable and accrued expenses $ 5,708 $ 675 $ 6,127