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v3.23.2

SEGMENT REPORTING (Tables) | 6 Months Ended
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Jun. 30, 2023
Schedule of Revenue and Facility Net Operating Income for Each of the Three Segments and a Reconciliation to CoreCivic's Operating Income Before Income Taxes | The revenue and facility net operating income for each of the three segments and a reconciliation to CoreCivic's income before income taxes is as follows for the three and six months ended June 30, 2023 and 2022 (in thousands):
|  | For the Three Months Ended June 30, |  |  | For the Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Revenue: |  |  |  |  |  |  |  |  |  |  |  |
Safety |  | $ | 421,743 |  |  | $ | 416,354 |  |  | $ | 839,393 |  |  | $ | 830,602 |
Community |  |  | 28,364 |  |  |  | 25,775 |  |  |  | 54,778 |  |  |  | 49,890 |
Properties |  |  | 13,574 |  |  |  | 14,526 |  |  |  | 27,411 |  |  |  | 29,117 |
Total segment revenue |  |  | 463,681 |  |  |  | 456,655 |  |  |  | 921,582 |  |  |  | 909,609 |
Operating expenses: |  |  |  |  |  |  |  |  |  |  |  |
Safety |  |  | 335,726 |  |  |  | 324,261 |  |  |  | 664,124 |  |  |  | 645,282 |
Community |  |  | 22,905 |  |  |  | 21,282 |  |  |  | 45,620 |  |  |  | 41,509 |
Properties |  |  | 3,324 |  |  |  | 3,377 |  |  |  | 6,685 |  |  |  | 6,659 |
Total segment operating expenses |  |  | 361,955 |  |  |  | 348,920 |  |  |  | 716,429 |  |  |  | 693,450 |
Facility net operating income: |  |  |  |  |  |  |  |  |  |  |  |
Safety |  |  | 86,017 |  |  |  | 92,093 |  |  |  | 175,269 |  |  |  | 185,320 |
Community |  |  | 5,459 |  |  |  | 4,493 |  |  |  | 9,158 |  |  |  | 8,381 |
Properties |  |  | 10,250 |  |  |  | 11,149 |  |  |  | 20,726 |  |  |  | 22,458 |
Total facility net operating income |  |  | 101,726 |  |  |  | 107,735 |  |  |  | 205,153 |  |  |  | 216,159 |
Other revenue (expense): |  |  |  |  |  |  |  |  |  |  |  |
Other revenue |  |  | 1 |  |  |  | 42 |  |  |  | 102 |  |  |  | 76 |
Other operating expense |  |  | (53 | ) |  |  | (80 | ) |  |  | (116 | ) |  |  | (179 | )
General and administrative |  |  | (32,612 | ) |  |  | (31,513 | ) |  |  | (65,291 | ) |  |  | (62,614 | )
Depreciation and amortization |  |  | (31,615 | ) |  |  | (32,259 | ) |  |  | (62,657 | ) |  |  | (64,287 | )
Shareholder litigation expense |  |  | — |  |  |  | (1,900 | ) |  |  | — |  |  |  | (1,900 | )
Interest expense, net |  |  | (18,268 | ) |  |  | (21,668 | ) |  |  | (37,419 | ) |  |  | (44,588 | )
Expenses associated with debt repayments and refinancing transactions |  |  | (226 | ) |  |  | (6,805 | ) |  |  | (226 | ) |  |  | (6,805 | )
Gain (loss) on sale of real estate assets, net |  |  | (25 | ) |  |  | 1,060 |  |  |  | (25 | ) |  |  | 3,321 |
Other income (expense) |  |  | 78 |  |  |  | (37 | ) |  |  | 31 |  |  |  | 1,005 |
Income before income taxes |  | $ | 19,006 |  |  | $ | 14,575 |  |  | $ | 39,552 |  |  | $ | 40,188 |
Summary of Capital Expenditures Including Accrued Amounts | The following table summarizes capital expenditures including accrued amounts for the three and six months ended June 30, 2023 and 2022 (in thousands):
|  | For the Three Months Ended June 30, |  |  | For the Six Months Ended June 30, |
|  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |
Capital expenditures: |  |  |  |  |  |  |  |  |  |  |  |
Safety |  | $ | 13,993 |  |  | $ | 15,419 |  |  | $ | 17,562 |  |  | $ | 29,746 |
Community |  |  | 226 |  |  |  | 408 |  |  |  | 640 |  |  |  | 680 |
Properties |  |  | 495 |  |  |  | 1,194 |  |  |  | 543 |  |  |  | 1,194 |
Corporate and other |  |  | 1,741 |  |  |  | 1,457 |  |  |  | 3,933 |  |  |  | 2,473 |
Total capital expenditures |  | $ | 16,455 |  |  | $ | 18,478 |  |  | $ | 22,678 |  |  | $ | 34,093 |
Schedule of Total Assets | The total assets are as follows (in thousands):
|  | June 30, 2023 |  |  | December 31, 2022 |
Assets: |  |  |  |  |  |
Safety |  | $ | 2,331,489 |  |  | $ | 2,433,126 |
Community |  |  | 217,891 |  |  |  | 216,303 |
Properties |  |  | 349,769 |  |  |  | 362,908 |
Corporate and other |  |  | 128,632 |  |  |  | 232,432 |
Total assets |  | $ | 3,027,781 |  |  | $ | 3,244,769 |

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