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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) | 12 Months Ended
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Dec. 31, 2024
Schedule of Useful Life of Property and Equipment | Useful lives for property and equipment are as follows:
Land improvements | 5 – 20 years
Buildings and improvements | 5 – 50 years
Equipment and software | 3 – 10 years
Office furniture and fixtures | 5 years
Schedule of Financial Instruments Having Difference Between Carrying Amount and Fair Value | At December 31, 2024 and 2023, there were no material differences between the carrying amounts and the estimated fair values of CoreCivic's financial instruments, other than as follows (in thousands):
|  | December 31, |
|  | 2024 |  |  | 2023 |
|  | Carrying Amount |  |  | Fair Value |  |  | Carrying Amount |  |  | Fair Value |
Debt |  | $ | (997,380 | ) |  | $ | (1,005,425 | ) |  | $ | (1,106,691 | ) |  | $ | (1,090,326 | )

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