0001564590-21-007050 | 10-K | XBRL Viewer

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Document and Entity Information - USD ($)	12 Months Ended
Document and Entity Information - USD ($)	Dec. 31, 2020	Feb. 16, 2021	Jun. 30, 2020
Cover [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2020
Document Fiscal Year Focus	2020
Document Fiscal Period Focus	FY
Trading Symbol	CXW
Entity Registrant Name	CORECIVIC, INC.
Entity Central Index Key	0001070985
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Shell Company	false
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Common Stock, Shares Outstanding		119,637,734
Entity Public Float			$ 1,109,062,984
Entity Interactive Data Current	Yes
Entity File Number	001-16109
Entity Tax Identification Number	62-1763875
Entity Address, Address Line One	5501 VIRGINIA WAY
Entity Address, City or Town	BRENTWOOD
Entity Address, State or Province	TN
Entity Address, Postal Zip Code	37027
City Area Code	615
Local Phone Number	263-3000
Title of 12(b) Security	Common Stock, par value $.01 per share
Security Exchange Name	NYSE
Entity Incorporation, State or Country Code	MD
Document Annual Report	true
Document Transition Report	false
ICFR Auditor Attestation Flag	true
Documents Incorporated by Reference	Portions of the registrant's definitive Proxy Statement for the 2021 Annual Meeting of Stockholders, currently scheduled to be held on May 13, 2021, are incorporated by reference into Part III of this Annual Report on Form 10-K.

Consolidated Balance Sheets - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
ASSETS
Cash and cash equivalents	$ 113,219	$ 92,120
Restricted cash	23,549	26,973
Accounts receivable, net of credit loss reserve of $6,103 and $3,217, respectively	267,705	280,785
Prepaid expenses and other current assets	33,243	35,507
Assets held for sale	279,406
Total current assets	717,122	435,385
Real estate and related assets:
Property and equipment, net of accumulated depreciation of $1,559,388 and $1,510,117, respectively	2,350,272	2,700,107
Other real estate assets	228,243	238,637
Goodwill	5,902	50,537
Non-current deferred tax assets	11,113	16,058
Other assets	396,663	350,907
Total assets	3,709,315	3,791,631
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses	274,318	337,462
Current portion of long-term debt	39,087	31,349
Total current liabilities	313,405	368,811
Long-term debt, net	1,747,664	1,928,023
Deferred revenue	18,336	12,469
Other liabilities	216,468	105,579
Total liabilities	2,295,873	2,414,882
Commitments and contingencies
Preferred stock – $0.01 par value; 50,000 shares authorized; none issued and outstanding at December 31, 2020 and 2019, respectively	0	0
Common stock – $0.01 par value; 300,000 shares authorized; 119,638 and 119,096 shares issued and outstanding at December 31, 2020 and 2019, respectively	1,196	1,191
Additional paid-in capital	1,835,494	1,821,810
Accumulated deficit	(446,519)	(446,252)
Total stockholders' equity	1,390,171	1,376,749
Non-controlling interest - operating partnership	23,271
Total equity	1,413,442	1,376,749
Total liabilities and stockholders' equity	$ 3,709,315	$ 3,791,631

Consolidated Balance Sheets (Parenthetical) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts receivable, credit loss reserve	$ 6,103	$ 3,217
Accumulated depreciation	$ 1,559,388	$ 1,510,117
Preferred stock, par value	$ 0.01	$ 0.01
Preferred stock, shares authorized	50,000,000	50,000,000
Preferred stock, shares issued	0	0
Preferred stock, shares outstanding	0	0
Common stock, par value	$ 0.01	$ 0.01
Common stock, shares authorized	300,000,000	300,000,000
Common stock, shares issued	119,638,000	119,096,000
Common stock, shares outstanding	119,638,000	119,096,000

Consolidated Statements of Operations - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
REVENUES	$ 1,905,485	$ 1,980,689	$ 1,835,766
EXPENSES:
Operating	1,406,376	1,422,769	1,315,250
General and administrative	124,338	127,078	106,865
Depreciation and amortization	150,861	144,572	156,501
Contingent consideration for acquisition of businesses	620		6,085
Asset impairments	60,628	4,706	1,580
Costs and Expenses, Total	1,742,823	1,699,125	1,586,281
OPERATING INCOME	162,662	281,564	249,485
OTHER (INCOME) EXPENSE:
Interest expense, net	83,299	84,401	80,753
Expenses associated with debt repayments and refinancing transactions	7,141	602	1,016
Loss (gain) on sale of real estate assets	13,023	(287)
Other (income) expense	(525)	123	156
Total non-operating expense (income)	102,938	84,839	81,925
INCOME BEFORE INCOME TAXES	59,724	196,725	167,560
Income tax expense	(4,386)	(7,839)	(8,353)
NET INCOME	55,338	188,886	159,207
Net income attributable to non-controlling interest	(1,181)
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$ 54,157	$ 188,886	$ 159,207
BASIC EARNINGS PER SHARE	$ 0.45	$ 1.59	$ 1.34
DILUTED EARNINGS PER SHARE	0.45	1.59	1.34
DIVIDENDS DECLARED PER SHARE	$ 0.44	$ 1.76	$ 1.72

Consolidated Statements of Cash Flows - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
CASH FLOWS FROM OPERATING ACTIVITIES:
Net income	$ 55,338	$ 188,886	$ 159,207
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization	150,861	144,572	156,501
Asset impairments	60,628	4,706	1,580
Amortization of debt issuance costs and other non-cash interest	5,519	3,351	3,419
Expenses associated with debt repayments and refinancing transactions	7,141	602	1,016
Deferred income taxes	4,945	(1,162)	(4,436)
Loss (gain) on sale of real estate assets	13,023	(287)
Other expenses and non-cash items	13,616	13,320	7,909
Non-cash revenue and other income	(7,301)	(11,292)	(14,509)
Non-cash equity compensation	17,264	17,267	13,132
Changes in assets and liabilities, net:
Accounts receivable, prepaid expenses and other assets	16,769	(16,938)	(19,470)
Accounts payable, accrued expenses and other liabilities	17,727	11,359	18,531
Net cash provided by operating activities	355,530	354,384	322,880
CASH FLOWS FROM INVESTING ACTIVITIES:
Expenditures for facility development and expansions	(27,591)	(136,128)	(58,239)
Expenditures for other capital improvements	(56,196)	(57,192)	(63,438)
Acquisitions, net of cash acquired	(8,849)	(48,396)	(175,588)
Net proceeds from sale of assets	113,602	4,295	12,911
Increase in other assets	(7,998)	(7,168)	(6,703)
Net cash provided by (used in) investing activities	12,968	(244,589)	(291,057)
CASH FLOWS FROM FINANCING ACTIVITIES:
Proceeds from issuance of debt and borrowings from credit facility	374,000	1,146,691	809,831
Scheduled principal repayments	(32,254)	(14,121)	(7,816)
Principal repayments of credit facility	(520,000)	(648,000)	(603,500)
Defeasance of non-recourse mortgage notes	(51,311)
Satisfaction and discharge of senior notes		(325,000)
Payment of debt defeasance, issuance and other refinancing and related costs	(11,162)	(4,296)	(6,087)
Payment of lease obligations for financing leases	(543)	(538)	(3,744)
Contingent consideration for acquisition of businesses		(7,398)	(1,500)
Proceeds from exercise of stock options		876	2,367
Proceeds from sale/leaseback			7,783
Purchase and retirement of common stock	(3,575)	(3,531)	(3,005)
Dividends paid	(105,978)	(209,522)	(204,198)
Net cash used in financing activities	(350,823)	(64,839)	(9,869)
NET INCREASE IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	17,675	44,956	21,954
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, beginning of period	119,093	74,137	52,183
CASH, CASH EQUIVALENTS AND RESTRICTED CASH, end of period	136,768	119,093	74,137
NON-CASH INVESTING AND FINANCING ACTIVITIES:
Debt assumed on acquisition of property	52,217		157,280
Establishment of right of use assets and lease liabilities	116,263	137,946
Cash paid during the period for:
Interest (net of amounts capitalized of $0.5 million, $6.0 million, and $1.0 million in 2020, 2019, and 2018, respectively)	88,132	85,698	71,787
Income taxes paid	$ 1,322	$ 16,437	$ 13,303

Consolidated Statements of Cash Flows (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Interest, capitalized interest	$ 0.5	$ 6.0	$ 1.0

Consolidated Statements of Stockholders' Equity - USD ($) shares in Thousands, $ in Thousands	Total	Cumulative Effect Period of Adoption Adjustment	Common Stock	Additional Paid-in Capital	Accumulated Deficit	Accumulated Deficit Cumulative Effect Period of Adoption Adjustment	Total Stockholders' Equity	Total Stockholders' Equity Cumulative Effect Period of Adoption Adjustment	Non-controlling Interest-Operating Partnership
Balance at Dec. 31, 2017	$ 1,451,608		$ 1,182	$ 1,794,713	$ (344,287)		$ 1,451,608
Balance (in shares) at Dec. 31, 2017			118,204
Net income	159,207				159,207		159,207
Retirement of common stock	(3,005)		$ (1)	(3,004)			(3,005)
Retirement of common stock (in shares)			(139)
Dividends declared on common stock	(205,675)				(205,675)		(205,675)
Restricted stock compensation, net of forfeitures	13,132			13,132			13,132
Restricted stock grants			$ 5	(5)
Restricted stock grants (in shares)			462
Stock options exercised	2,367		$ 1	2,366			2,367
Stock options exercised (in shares)			147
Balance at Dec. 31, 2018	1,415,059	$ (2,575)	$ 1,187	1,807,202	(393,330)	$ (2,575)	1,415,059	$ (2,575)
Balance (in shares) at Dec. 31, 2018			118,674
Net income	188,886				188,886		188,886
Retirement of common stock	(3,531)		$ (2)	(3,529)			(3,531)
Retirement of common stock (in shares)			(164)
Dividends declared on common stock	(211,868)				(211,868)		(211,868)
Restricted stock compensation, net of forfeitures	17,267			17,267			17,267
Restricted stock grants			$ 5	(5)
Restricted stock grants (in shares)			524
Stock options exercised	876		$ 1	875			876
Stock options exercised (in shares)			62
Balance at Dec. 31, 2019	1,376,749	(29,940)	$ 1,191	1,821,810	(446,252)	(29,940)	1,376,749	(29,940)
Balance (in shares) at Dec. 31, 2019			119,096
Net income	55,338				54,157		54,157		$ 1,181
Retirement of common stock	(3,575)		$ (2)	(3,573)			(3,575)
Retirement of common stock (in shares)			(209)
Dividends declared on common stock	(53,415)				(53,415)		(53,415)
Reductions in dividends on RSUs	27				27		27
Restricted stock compensation, net of forfeitures	17,264			17,264			17,264
Restricted stock grants			$ 7	(7)
Restricted stock grants (in shares)			751
Contributions to operating partnership	23,271								23,271
Distributions to non-controlling interest	(1,181)								(1,181)
Balance at Dec. 31, 2020	$ 1,413,442	$ (1,036)	$ 1,196	$ 1,835,494	$ (446,519)	$ (1,036)	$ 1,390,171	$ (1,036)	$ 23,271
Balance (in shares) at Dec. 31, 2020			119,638

Consolidated Statements of Stockholders' Equity (Parenthetical) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Dividends declared on common stock, per share	$ 0.44	$ 1.76	$ 1.72

ORGANIZATION AND OPERATIONS

12 Months Ended

Dec. 31, 2020

ORGANIZATION AND OPERATIONS

1.	ORGANIZATION AND OPERATIONS

CoreCivic, Inc. (together with its subsidiaries, the "Company" or "CoreCivic") is the nation's largest owner of partnership correctional, detention, and residential reentry facilities and one of the largest prison operators in the United States. The Company also believes it is the largest private owner of real estate used by U.S. government agencies. Through three segments, CoreCivic Safety, CoreCivic Community, and CoreCivic Properties, the Company provides a broad range of solutions to government partners that serve the public good through corrections and detention management, a network of residential reentry centers to help address America's recidivism crisis, and government real estate solutions. As of December 31, 2020, through its CoreCivic Safety segment, the Company operated 47 correctional and detention facilities, 42 of which the Company owned, with a total design capacity of approximately 70,000 beds. Through its CoreCivic Community segment, the Company owned and operated 27 residential reentry centers with a total design capacity of approximately 5,000 beds. In addition, through its CoreCivic Properties segment, the Company owned 15 properties for lease to third parties and used by government agencies, totaling 2.7 million square feet.

In addition to providing fundamental residential services, CoreCivic's correctional, detention, and reentry facilities offer a variety of rehabilitation and educational programs, including basic education, faith-based services, life skills and employment training, and substance abuse treatment. These services are intended to help reduce recidivism and to prepare offenders for their successful reentry into society upon their release. CoreCivic also provides or makes available to offenders certain health care (including medical, dental, and mental health services), food services, and work and recreational programs.

CoreCivic has operated as a real estate investment trust ("REIT") from January 1, 2013 through December 31, 2020. As a REIT, the Company has provided services and conducted other business activities through taxable REIT subsidiaries ("TRSs"). A TRS is a subsidiary of a REIT that is subject to applicable corporate income tax and certain qualification requirements. The Company's use of TRSs has permitted CoreCivic to engage in certain business activities in which the REIT may not engage directly, so long as these activities are conducted in entities that elect to be treated as TRSs under the Internal Revenue Code of 1986, as amended, and has enabled CoreCivic to, among other things, provide correctional services at facilities it owns and at facilities owned by its government partners. A TRS is not subject to the distribution requirements applicable to REITs so it may retain income generated by its operations for reinvestment.

On June 17, 2020, the Company announced that its Board of Directors ("BOD") was evaluating corporate structure and capital allocation alternatives. Concurrently, the BOD suspended the Company's quarterly dividend while it assessed how best to use its free cash flow to build shareholder value, maintain service excellence, and offer and implement unique solutions for its government partners and the communities in which it serves. On August 5, 2020, the Company announced that the BOD concluded its analysis and unanimously approved a plan to revoke the Company's REIT election and become a taxable C Corporation, effective January 1, 2021. As a result, the Company will no longer be required to operate under REIT rules, including the requirement to distribute at least 90% of its taxable income to its stockholders, which will provide the Company with greater flexibility to use its free cash flow. Beginning January 1, 2021, the Company will be subject to federal and state income taxes on its taxable income at applicable tax rates, and will no longer be entitled to a tax deduction for dividends paid. The Company continued to operate as a REIT for the 2020 tax year, and existing REIT requirements and limitations, including those established by the Company’s organizational documents, remained in place until January 1, 2021. The BOD also voted unanimously to discontinue the Company's quarterly dividend and prioritize allocating the Company’s free cash flow to reduce debt.

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

12 Months Ended

Dec. 31, 2020

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

2.	SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

Basis of Presentation

The consolidated financial statements are prepared in accordance with U.S. generally accepted accounting principles and include the accounts of CoreCivic on a consolidated basis with its wholly-owned subsidiaries. All intercompany balances and transactions have been eliminated.

Certain reclassifications have been made to the consolidated statement of operations and the consolidated statement of cash flows in 2019 to conform to the current year presentation.

Cash and Cash Equivalents

CoreCivic considers all liquid deposits and investments with a maturity of three months or less at the time of purchase to be cash equivalents.

Restricted Cash

Restricted cash at December 31, 2020 and 2019 included deposit accounts totaling $10.3 million and $27.0 million, respectively, to ensure the timely payment of certain operating expenses, capital expenditures and debt service associated with the SSA-Baltimore property and the Lansing Correctional Facility, as further discussed in Notes 6 and 11. The restricted cash accounts are required under the terms of the indebtedness securing such properties. Restricted cash at December 31, 2020 also included $13.2 million for deposits primarily associated with Government Real Estate Solutions, LLC ("GRES") as further discussed in Note 6.

Accounts Receivable and Credit Loss Reserve

At December 31, 2020 and 2019, accounts receivable of $267.7 million and $280.8 million, respectively, were net of credit loss reserve totaling $6.1 million and $3.2 million, respectively. Accounts receivable consist primarily of amounts due from federal, state, and local government agencies for the utilization of CoreCivic's properties. Accounts receivable also consist of amounts due for operating and managing the Company's correctional, detention, and residential reentry facilities, as well as its electronic monitoring and case management services operations.

Accounts receivable are stated at estimated net realizable value. CoreCivic recognizes allowances for doubtful accounts to ensure receivables are not overstated due to uncollectibility. Bad debt reserves are maintained for customers using an expected loss model based on a variety of factors, including the nature of the accounts receivable, risks of loss, length of time receivables are past due, and historical experience. If circumstances related to customers change, estimates of the recoverability of receivables would be further adjusted.

Property and Equipment

Property and equipment are carried at cost. Assets acquired by CoreCivic in conjunction with acquisitions are recorded at estimated fair market value at the time of purchase. Betterments, renewals and significant repairs that extend the life of an asset are capitalized; other repair and maintenance costs are expensed. Interest is capitalized to the asset to which it relates in connection with the construction or expansion of real estate properties. Construction costs directly associated with the development of a property are capitalized as part of the cost of the development project. Such costs are written-off to expense whenever a project is abandoned. The cost and accumulated depreciation applicable to assets retired are removed from the accounts and the gain or loss on disposition is recognized in income. Depreciation is computed over the estimated useful lives of depreciable assets using the straight-line method. 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

Other Real Estate Assets

Other real estate assets are accounted for in accordance with Accounting Standards Codification ("ASC") 853, "Service Concession Arrangements". ASC 853 stipulates that the facilities subject to the standard may not be accounted for as a lease, nor should the infrastructure used in the service concession arrangement be recognized as property and equipment by the operating entity. Instead, the contracts should be accounted for under the applicable revenue standards. The Company owns four facilities that are accounted for as service concession arrangements. The facilities accounted for under ASC 853 were constructed in periods prior to 2013.

On January 1, 2018, the Company adopted Accounting Standards Update ("ASU") 2014-09, "Revenue from Contracts with Customers" and its subsequent corresponding update, ASC 606. For facilities which CoreCivic constructed for the public entity, two separate and distinct performance obligations exist. Service revenue is recognized as provided. All revenues and costs related to the construction of the facilities were recognized upon adoption of ASC 606. Revenue recognized related to the construction of the facilities for which cash has not yet been received is recorded as a contract asset and is amortized and evaluated for impairment on an on-going basis. For facilities contributed to a service contract, the cost of the facility is accounted for as costs to fulfill the service contract and the cost is recognized over the term of the service contract. The costs related to contract assets and costs to fulfill the service contracts are recoverable if the contract is terminated or not renewed due to the existence of residual interest options.

Prior to the adoption of ASC 606, other real estate assets were stated at cost, net of accumulated amortization. These assets represent the cost of all infrastructure to be transferred to the public entity grantors should the grantors exercise their residual interest. The costs related to the facilities constructed for a governmental entity were deferred as an other real estate asset, and the deferred costs were amortized in proportion to revenue recognized over the term of the related services arrangement. The costs related to the facilities that were constructed before entering into the service concession arrangement were amortized in proportion to revenue recognized over the term of the related service contract as an investment in the service contract.

Accounting for the Impairment of Long-Lived Assets Other Than Goodwill

Long-lived assets other than goodwill are reviewed for impairment when circumstances indicate the carrying value of an asset may not be recoverable. When circumstances indicate an asset may not be recoverable, impairment is recognized when the estimated undiscounted cash flows associated with the asset or group of assets is less than their carrying value. If impairment exists, an adjustment is made to write the asset down to its fair value, and a loss is recorded as the difference between the carrying value and fair value. Fair values are determined based on quoted market values, comparable sales data, discounted cash flows or internal and external appraisals, as applicable.

Goodwill

Goodwill represents the cost in excess of the net assets of businesses acquired. As further discussed in Note 3, goodwill is tested for impairment at least annually using a fair-value based approach.

Investment in Affiliates

Investments in affiliates that are equal to or less than 50%-owned over which CoreCivic can exercise significant influence are accounted for using the equity method of accounting. Investments under the equity method are recorded at cost and subsequently adjusted for contributions, distributions, and net income attributable to the Company's ownership based on the governing agreement.

Debt Issuance Costs

Debt issuance costs, excluding those costs incurred related to CoreCivic's revolving credit facility, are presented as a direct deduction from the face amount of the related liability on the consolidated balance sheets. Debt issuance costs related to the Company's revolving credit facility are included in other assets on the consolidated balance sheets. Generally, debt issuance costs are capitalized and amortized into interest expense using the interest method, or on a straight-line basis over the term of the related debt, if not materially different than the interest method. However, certain debt issuance costs incurred in connection with debt refinancings are charged to expense in accordance with ASC 470-50, "Modifications and Extinguishments".

Revenue Recognition

CoreCivic maintains contracts with certain governmental entities to manage their facilities for fixed per diem rates. CoreCivic also maintains contracts with various federal, state, and local governmental entities for the housing of offenders in company-owned facilities at fixed per diem rates or monthly fixed rates. These contracts usually contain expiration dates with renewal options ranging from annual to multi-year renewals. Most of these contracts have current terms that require renewal every two to five years. Additionally, most facility management contracts contain clauses that allow the government agency to terminate a contract without cause, and are generally subject to legislative appropriations. CoreCivic generally expects to renew these contracts for periods consistent with the remaining renewal options allowed by the contracts or other reasonable extensions; however, no assurance can be given that such renewals will be obtained. Fixed monthly rate revenue is recorded in the month earned and fixed per diem revenue, including revenue under those contracts that include guaranteed minimum populations, is recorded based on the per diem rate multiplied by the number of offenders housed or guaranteed during the respective period.

CoreCivic recognizes any additional management service revenues upon completion of services provided to the customer. Certain of the government agencies also have the authority to audit and investigate CoreCivic's contracts with them. If the agency determines that CoreCivic has improperly allocated costs to a specific contract or otherwise was unable to perform certain contractual services, CoreCivic may not be reimbursed for those costs and could be required to refund the amount of any such costs that have been reimbursed, or to pay liquidated damages. In these instances, the amounts required to be returned to the customer are classified as reductions to revenue.

Lease revenue is recognized in accordance with ASC 842, "Leases". In accordance with ASC 842, minimum lease revenue is recognized on a straight-line basis over the term of the related lease. Leasehold incentives are recognized as a reduction to lease revenue on a straight-line basis over the term of the related lease. Lease revenue associated with expense reimbursements from tenants is recognized in the period that the related expenses are incurred based upon the tenant lease provision.

Other revenue consists primarily of ancillary revenues associated with operating correctional, detention and residential reentry facilities, such as commissary, phone, and vending sales, and is recorded in the period the goods and services are provided. Revenues generated from prisoner transportation services for governmental agencies are recorded in the period the inmates have been transported to their destination.

Self-Funded Insurance and Litigation Reserves

CoreCivic is significantly self-insured for employee health, workers' compensation, automobile liability claims, and general liability claims. As such, CoreCivic's insurance expense is largely dependent on claims experience and CoreCivic's ability to control its claims experience. CoreCivic has consistently accrued the estimated liability for employee health insurance based on its history of claims experience and time lag between the incident date and the date the cost is paid by CoreCivic. CoreCivic has accrued the estimated liability for workers' compensation claims based on an actuarially determined liability, discounted to the net present value of the outstanding liabilities, using a combination of actuarial methods used to project ultimate losses, and the Company's automobile insurance claims based on estimated development factors on claims incurred. The liability for employee health, workers' compensation, and automobile insurance includes estimates for both claims incurred and for claims incurred but not reported. CoreCivic records its best estimate of the probable costs for the resolution of certain claims and legal proceedings in which it is involved, if estimable. In addition, the Company is subject to current and potential future claims and legal proceedings for which little or no accrual has been reflected because the Company's current assessment of the potential exposure is nominal. These estimates have been developed in consultation with CoreCivic's General Counsel's office and, as appropriate, outside counsel handling these matters, and are based upon an analysis of potential results, assuming a combination of litigation and settlement strategies. These estimates could change in the future.

Income Taxes

CoreCivic operated in compliance with REIT requirements for federal income tax purposes from January 1, 2013 through December 31, 2020. As a REIT, the Company generally has not been subject to corporate level federal income tax on taxable income it distributes to its stockholders as long as it meets the organizational and operational requirements under the REIT rules. However, certain subsidiaries have made an election to be treated as TRSs in conjunction with the Company's REIT election. The TRS elections have permitted CoreCivic to engage in certain business activities in which the REIT may not engage directly, so long as these activities are conducted in entities that elect to be treated as TRSs under the Internal Revenue Code of 1986, as amended. A TRS is subject to federal and state income taxes on the income from these activities and therefore, CoreCivic includes a provision for taxes in its consolidated financial statements.

Income taxes are accounted for under the provisions of ASC 740, "Income Taxes". ASC 740 generally requires CoreCivic to record deferred income taxes for the tax effect of differences between book and tax bases of its assets and liabilities. Deferred income taxes reflect the available net operating losses and the net tax effect of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes using enacted tax rates in effect for the year in which the differences are expected to reverse. The effect of a change in tax rates on deferred tax assets and liabilities is recognized in the statement of operations in the period that includes the enactment date. Realization of the future tax benefits related to deferred tax assets is dependent on many factors, including CoreCivic's past earnings history, expected future earnings, the character and jurisdiction of such earnings, unsettled circumstances that, if unfavorably resolved, would adversely affect utilization of its deferred tax assets, carryback and carryforward periods, and tax strategies that could potentially enhance the likelihood of realization of a deferred tax asset.

CoreCivic's deferred tax assets and liabilities are classified as non-current on the consolidated balance sheets. See Note 13 for further discussion of the significant components of CoreCivic's deferred tax assets and liabilities and the impact on deferred tax assets and liabilities that resulted from the lower corporate tax rates enacted under the Tax Cuts and Jobs Act ("the TCJA") in December 2017.

Income tax contingencies are accounted for under the provisions of ASC 740. ASC 740 prescribes a recognition threshold and measurement attribute for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The guidance prescribed in ASC 740 establishes a recognition threshold of more likely than not that a tax position will be sustained upon examination. The measurement attribute requires that a tax position be measured at the largest amount of benefit that is greater than 50% likely of being realized upon ultimate settlement.

Foreign Currency Transactions

CoreCivic has extended a working capital loan to Agecroft Prison Management, Ltd. ("APM"), the operator of a correctional facility in Salford, England previously owned by a subsidiary of CoreCivic. The working capital loan is denominated in British pounds; consequently, CoreCivic adjusts this receivable to the current exchange rate at each balance sheet date and recognizes the unrealized currency gain or loss in current period earnings. See Note 8 for further discussion of CoreCivic's relationship with APM.

Fair Value of Financial Instruments

To meet the reporting requirements of ASC 825, "Financial Instruments", regarding fair value of financial instruments, CoreCivic calculates the estimated fair value of financial instruments using market interest rates, quoted market prices of similar instruments, or discounted cash flow techniques with observable Level 1 inputs for publicly traded debt and Level 2 inputs for all other financial instruments, as defined in ASC 820, "Fair Value Measurement". At December 31, 2020 and 2019, 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,
	2020						2019
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Note receivable from APM	$	3,094		$	3,896		$	2,989		$	3,949
Debt	$	(1,809,517	)	$	(1,774,016	)	$	(1,986,865	)	$	(1,964,366	)

Use of Estimates in Preparation of Financial Statements

The preparation of financial statements in conformity with U.S. generally accepted accounting principles requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, and disclosure of contingent assets and liabilities, at the date of the financial statements and the reported amounts of revenue and expenses during the reporting period. Actual results could differ from those estimates and those differences could be material.

Concentration of Credit Risks

CoreCivic's credit risks relate primarily to cash and cash equivalents, restricted cash, and accounts receivable. Cash and cash equivalents and restricted cash are primarily held in bank accounts and overnight investments. CoreCivic maintains deposits of cash in excess of federally insured limits with certain financial institutions. CoreCivic's accounts receivable represents amounts due primarily from governmental agencies. CoreCivic's financial instruments are subject to the possibility of loss in carrying value as a result of either the failure of other parties to perform according to their contractual obligations or changes in market prices that make the instruments less valuable.

CoreCivic derives its revenues primarily from amounts earned under federal, state, and local government contracts. For each of the years ended December 31, 2020, 2019, and 2018, federal correctional and detention authorities represented 52%, 51%, and 48%, respectively, of CoreCivic's total revenue. Federal correctional and detention authorities consist primarily of U.S. Immigration and Customs Enforcement ("ICE"), the United States Marshals Service ("USMS"), and the Federal Bureau of Prisons ("BOP"). ICE accounted for 28%, 29%, and 25% of total revenue for 2020, 2019, and 2018, respectively. The USMS accounted for 21%, 17%, and 17% of total revenue for 2020, 2019, and 2018, respectively. The BOP accounted for 3%, 5%, and 6% of total revenue for 2020, 2019, and 2018, respectively. These federal customers have management contracts at facilities CoreCivic owns and at facilities CoreCivic manages but does not own. State revenues from contracts at correctional, detention, and residential reentry facilities that CoreCivic operates represented 33%, 34%, and 39% of total revenue during the years ended December 31, 2020, 2019, and 2018, respectively. ICE and the USMS each generated 10% or more of total revenue during 2020, 2019, and 2018. Although the revenue generated from each of these agencies is derived from numerous management contracts and various types of properties, i.e. correctional, detention, reentry, and leased, the loss of one or more of such contracts could have a material impact on CoreCivic's financial condition and results of operations.

Accounting for Stock-Based Compensation

CoreCivic accounts for restricted stock-based compensation under the recognition and measurement principles of ASC 718, "Compensation-Stock Compensation". CoreCivic amortizes the fair market value as of the grant date of restricted stock unit ("RSU") awards over the vesting period using the straight-line method. The fair market value of performance-based restricted stock units is amortized over the vesting period as long as CoreCivic expects to meet the performance criteria. To the extent performance-based RSUs are expected to increase or decrease based on revised estimates of performance, the related expense is adjusted accordingly. If achievement of the performance criteria becomes improbable, an adjustment is made to reverse the expense previously recognized. The Company estimates the number of awards expected to be forfeited and adjusts the estimate when it is likely to change.

Leases

In February 2016, the Financial Accounting Standards Board ("FASB") issued ASU 2016-02, "Leases (Topic 842)", which requires lessees to put most leases on their balance sheets but recognize expenses on their income statements in a manner similar to previous accounting requirements. ASU 2016-02 also eliminated previous real estate-specific provisions for all entities. For lessors, the ASU modifies the classification criteria and the accounting for sales-type and direct financing leases. For finance leases and operating leases, a lessee should recognize on the balance sheet a liability to make lease payments and a right-of-use ("ROU") asset representing its right to use the underlying asset for the lease term, with each initially measured at the present value of the lease payments. In July 2018, the FASB issued ASU 2018-11, "Targeted Improvements – Leases (Topic 842)", which permits entities to adopt a new transition method whereby the modified retrospective transition method would allow companies to recognize the cumulative-effect adjustment in the period of adoption rather than the earliest period presented and continue to apply the legacy guidance in ASC 840, "Leases", in the comparative periods presented. Further, ASU 2018-11 also allows entities to elect, by class of underlying asset, to not separate non-lease components from the associated lease components when certain criteria are met. Adoption results in an increase in long-term assets and liabilities for leases where the Company is the lessee.

CoreCivic adopted ASU 2016-02 and ASU 2018-11, cumulatively ("ASC 842"), on January 1, 2019. The Company elected the modified retrospective transition method and recognized the cumulative-effect adjustment resulting from adoption of ASC 842 in the first quarter of 2019. CoreCivic also elected to adopt the package of available practical expedients that permits lessees and lessors to not reassess certain items, including whether any expired or existing contracts are or contain leases, lease classification of any expired or existing leases, and initial direct costs for any expired or existing leases. In addition, the Company made an accounting policy election to apply the "short-term lease exception" permitted by ASC 842 for all classes of underlying assets. With the exception of the South Texas Family Residential Center lease, as further described in Note 5, the Company also elected the practical expedient that permits lessees to make an accounting policy election to account for each separate lease component of a contract and its associated non-lease components as a single lease component. Prior to the adoption of ASC 842, a portion of the rental payments for the South Texas Family Residential Center was classified as depreciation and interest expense in accordance with ASC 840-40-55, formerly Emerging Issues Task Force No. 97-10, "The Effect of Lessee Involvement in Asset Construction." Upon adoption of ASC 842, all rental payments associated with this lease are classified as operating expenses.

Upon adoption of ASC 842, CoreCivic recognized a ROU asset of $115.6 million and a lease liability of $82.9 million for all operating leases identified by the Company as applicable under the guidance of ASC 842, including the lease for the South Texas Family Residential Center. For those operating leases that contain renewal options, the Company included the renewal period in the lease terms, and the related payments are reflected in the ROU asset and lease liability, when it is reasonably certain that a renewal option will be exercised. The ROU asset is included in other assets on the consolidated balance sheets, while the current portion of the lease liability is included in accounts payable and accrued expenses, and the long-term portion of the liability is included in other liabilities on the consolidated balance sheets. The Company also recognized a net charge of approximately $29.9 million to accumulated deficit upon adoption of ASC 842. Because CoreCivic does not generally have access to the interest rates implicit in its leases, the Company utilized its incremental borrowing rate, based upon the terms and tenure of each base lease, as the discount rate when calculating the present value of future minimum lease payments for each lease arrangement. The weighted average discount rate associated with the operating leases at adoption of ASC 842 was 5.3%.

For leases where the Company is the lessor, upon adoption of ASC 842, the Company elected to also apply the practical expedient to not separate non-lease components from the associated lease component if certain criteria are met for each class of underlying assets. Lease components are elements of an arrangement that provide the customer with the right to use an identified asset. Non-lease components are distinct elements of a contract that are not related to securing the use of the leased asset and revenue is recognized in accordance with ASC 606. The Company considers common area maintenance ("CAM") and service income associated with tenant work orders to be non-lease components because they represent delivery of a separate service but are not considered a cost of securing the identified asset. In the case of the Company’s business, the identified asset would be the leased real estate. The Company assessed and concluded that the timing and pattern of transfer for non-lease components and the associated lease component are the same. The Company determined that the predominant component was the lease component and as such its leases continue to qualify as operating leases. The Company made a policy election to account for and present the lease component and the non-lease component as a single component in revenue.

Recent Accounting Pronouncements

In June 2016, the FASB issued ASU No. 2016-13, "Financial Instruments – Credit Losses – Measurement of Credit Losses on Financial Instruments," which changes how entities measure credit losses for most financial assets and certain other instruments that are not measured at fair value through net income. The ASU replaces the "incurred loss" approach with an "expected loss" model for instruments measured at amortized cost. For trade and other receivables, held-to-maturity debt securities, contract assets, loans and other instruments, entities are now required to use a new forward-looking "expected loss" model that generally will result in the earlier recognition of allowances for losses. Upon its effective date, CoreCivic adopted the ASU in the first quarter of 2020. The Company recognized a charge of $1.0 million to accumulated deficit upon adoption of ASU 2016-13. Based principally on the fact that the largest portion of the Company's accounts receivable is with governmental agencies with high credit ratings, the adoption of ASU 2016-13 did not have a material impact on its financial statements.

Other recent accounting pronouncements issued by the FASB (including its Emerging Issues Task Force), the American Institute of Certified Public Accountants and the Securities and Exchange Commission ("SEC") did not, or are not expected to, have a material effect on the Company's results of operations or financial position.

GOODWILL

12 Months Ended

Dec. 31, 2020

GOODWILL

ASU 2017-04, "Intangibles-Goodwill and Other (Topic 350): Simplifying the Test of Goodwill Impairment", establishes accounting and reporting requirements for goodwill and other intangible assets. Goodwill was $5.9 million and $50.5 million as of December 31, 2020 and 2019, respectively. Of these amounts, goodwill was $5.9 million and $7.9 million as of December 31, 2020 and 2019, respectively, for the Company's CoreCivic Safety segment, and was $42.6 million as of December 31, 2019, for its CoreCivic Community segment. This goodwill was established in connection with multiple business combination transactions.

Under the provisions of ASU 2017-04, CoreCivic performs a qualitative assessment to determine whether the existence of events or circumstances leads to a determination that it is more likely than not that the fair value of a reporting unit is less than its carrying amount. If, after assessing the totality of events or circumstances, the Company determines it is more likely than not that the fair value of a reporting unit is less than its carrying amount, then the Company performs a quantitative impairment test. If a quantitative test is required, CoreCivic performs an assessment to identify the existence of impairment and to measure the excess of a reporting unit's carrying amount over its fair value by using a combination of various common valuation techniques, including market multiples and discounted cash flows under valuation methodologies that include an income approach and a market approach. The income valuation approach includes certain significant assumptions impacting projected future cash flows, such as projected revenue, projected operating costs, and the weighted average cost of capital, which are affected by expectations about future market or economic conditions. These impairment tests are required to be performed at least annually. CoreCivic performs its impairment tests during the fourth quarter, in connection with its annual budgeting process, and whenever circumstances indicate the carrying value of goodwill may not be recoverable.

In connection with the Company's annual impairment test for the goodwill associated with the Community reporting unit, during the fourth quarter of 2020, the Company performed a quantitative goodwill impairment test and concluded to record an impairment charge of $42.6 million, representing the full value of goodwill allocated to this reporting unit. The Company's analysis considered numerous factors, with the impairment predominantly driven by the Company's consideration of the broad-based declines in the market capitalization of publicly-traded companies in the Company's industry, primarily during the second half of 2020, as well as the reduction in cash flows from the COVID-19 pandemic and the anticipated change in tax structure effective January 1, 2021. The Company intends to continue to pursue investments in this segment, which could generate additional goodwill from business combinations transacted in this segment in the future, which could result in additional charges if the goodwill becomes impaired under the requirements of ASU 2017-04.

The Company also performed qualitative assessments of goodwill recorded in its Safety reporting units in the fourth quarter of 2020, concluding there was no impairment for such goodwill. The Company recorded certain interim event-driven impairment charges in 2020. During the third quarter of 2020, the Company provided notice to the local county customers at two managed-only facilities of its intent to terminate the contracts. The Company transitioned operations of the 1,046-bed Silverdale Detention Center in December 2020 and transitioned operations at the 1,348-bed Metro-Davidson County Detention Facility in October 2020. As a result of these expected contract terminations, during the second quarter of 2020, the Company recognized goodwill impairments of $2.0 million associated with these two managed-only facilities' reporting units.

REAL ESTATE AND RELATED ASSETS

12 Months Ended

Dec. 31, 2020

REAL ESTATE AND RELATED ASSETS

4.	REAL ESTATE AND RELATED ASSETS

At December 31, 2020, CoreCivic owned 69 correctional, detention, and residential reentry real estate properties, and 15 properties for lease to third parties. At December 31, 2020, CoreCivic also managed five correctional and detention facilities owned by governmental agencies.

Property and equipment, at cost, consists of the following (in thousands):

	December 31,
	2020			2019
Land and improvements	$	253,289		$	295,214
Buildings and improvements		3,171,307			3,411,583
Equipment and software		420,894			435,628
Office furniture and fixtures		37,704			38,278
Construction in progress		26,466			29,521
		3,909,660			4,210,224
Less: Accumulated depreciation		(1,559,388	)		(1,510,117	)
	$	2,350,272		$	2,700,107

Construction in progress primarily consists of property improvements in process. Interest is capitalized on construction in progress and amounted to $0.5 million, $6.0 million, and $1.0 million in 2020, 2019, and 2018, respectively.

Depreciation expense was $141.7 million, $137.7 million, and $152.0 million for the years ended December 31, 2020, 2019, and 2018, respectively.

Ten of the facilities owned by CoreCivic are subject to options that allow various governmental agencies to purchase those facilities. Certain of these options to purchase are based on a depreciated book value while others are based on a fair market value calculation. Four of the facilities that are subject to options are accounted for in accordance with ASC 853 and are recorded in other real estate assets on the consolidated balance sheets, as further described in Note 2. As of December 31, 2020, CoreCivic had $228.2 million in other real estate assets, including $143.6 million accounted for as a contract cost and $84.6 million accounted for as costs of fulfilling the related service contract. As of December 31, 2019, CoreCivic had $238.6 million in other real estate assets, including $147.8 million accounted for as a contract cost and $90.8 million accounted for as costs of fulfilling the related service contract.

In June 2013, CoreCivic entered into an Economic Development Agreement ("EDA") with the Development Authority of Telfair County ("Telfair County") in Telfair County, Georgia to implement a tax abatement plan related to CoreCivic's bed expansion project at its McRae Correctional Facility. The tax abatement plan provides for 90% abatement of real property taxes in the first year, decreasing by 10% over the subsequent nine years. In June 2013, Telfair County issued bonds in a maximum principal amount of $15.0 million. According to the EDA, legal title of CoreCivic's real property was transferred to Telfair County. Pursuant to the EDA, the bonds were issued to CoreCivic, so no cash exchanged hands. Telfair County then leased the real property back to CoreCivic. The lease payments are equal to the amount of the payments on the bonds. At any time, CoreCivic has the option to purchase the real property by paying off the bonds, plus $100. Due to the form of the transactions, CoreCivic has not recorded the bonds or the capital lease associated with the sale lease-back transaction. The original cost of CoreCivic's property and equipment is recorded on the balance sheet and is being depreciated over its estimated useful life.

LEASES

12 Months Ended

Dec. 31, 2020

LEASES

As further described in Note 2, CoreCivic accounts for leases in accordance with ASC 842. CoreCivic leases land and buildings from third-party lessors for multiple properties under operating leases that expire over varying dates through 2032. The ROU asset related to these leases amounted to $194.1 million and $108.1 million at December 31, 2020 and 2019, respectively, while the current portion of the lease liability amounted to $21.6 million and $26.9 million and the long-term portion of the liability amounted to $144.8 million and $51.2 million at December 31, 2020 and 2019, respectively. As of December 31, 2020, the weighted-average lease term of the operating leases was 6.3 years and the weighted average discount rate associated with the operating leases was 6.2%.

CoreCivic leases the South Texas Family Residential Center and the site upon which it was constructed from a third-party lessor. CoreCivic's lease agreement with the lessor is over a base period concurrent with an inter-governmental service agreement ("IGSA") with ICE, which was amended in September 2020 to extend the term of the agreement through September 2026. ICE's termination rights, which permit ICE to terminate the agreement for convenience or non-appropriation of funds, without penalty, by providing CoreCivic with at least a 60-day notice, were unchanged under the extension. Concurrent with the extension of the amended IGSA, the lease with the third-party lessor for the site was also extended through September 2026. Other terms of the extended lease agreement were unchanged and provide us with the ability to terminate the lease if ICE terminates the amended IGSA associated with the facility. As a result of the lease modification, the Company re-measured the lease liability at the effective date of the modification, and recognized a corresponding adjustment to increase the ROU asset amounting to $116.0 million. Under provisions of ASC 842, CoreCivic determined that the South Texas Family Residential Center lease with the third-party lessor includes a non-lease component for food services representing approximately 44% of the consideration paid under the lease.

The expense incurred for all operating leases, inclusive of short-term and variable leases, but exclusive of the non-lease food services component of the South Texas Family Residential Center lease, was $34.9 million, $34.8 million, and $30.7 million for the years ended December 31, 2020, 2019, and 2018, respectively. The cash payments for operating leases are reflected as cash flows from operating activities on the accompanying consolidated statements of cash flows and cash payments for financing leases are reflected as cash flows from financing activities. Future minimum lease payments as of December 31, 2020 for the Company's operating lease liabilities, inclusive of $165.3 million of payments expected to be made under the cancelable lease at the South Texas facility (excluding the non-lease food services component), are as follows (in thousands):

2021	$	33,220
2022		32,476
2023		32,068
2024		31,994
2025		31,967
Thereafter		39,290
Total future minimum lease payments		201,015
Less amount representing interest		(34,600	)
Total present value of minimum lease payments	$	166,415

In addition, through its CoreCivic Properties segment, as of December 31, 2020, the Company owned $449.6 million in property and equipment at 15 properties for lease to third parties and used by government agencies under operating and finance leases that expire over varying dates through 2040, some of which contain renewal options. In accordance with ASC 842, minimum lease revenue is recognized on a straight-line basis over the term of the related lease. Leasehold incentives are recognized as a reduction to lease revenue on a straight-line basis over the term of the related lease. Lease revenue associated with expense reimbursements from tenants is recognized in the period that the related expenses are incurred based upon the tenant lease provision. See Note 6 for further discussion regarding a 20-year lease agreement with the Kansas Department of Corrections ("KDOC"). Future undiscounted cash flows to be received from third-party lessees as of December 31, 2020 for the Company's operating and finance leases, including those associated with the three properties held for sale at December 31, 2020, as further described in Note 6, are as follows (in thousands):

2021	$	85,783
2022		80,306
2023		80,734
2024		81,235
2025		81,262
Thereafter		588,364

REAL ESTATE TRANSACTIONS

12 Months Ended

Dec. 31, 2020

Real Estate Transactions Text Block

6.	REAL ESTATE TRANSACTIONS

Acquisitions, Dispositions, and Assets Held for Sale

2018 Acquisitions and Dispositions. On January 19, 2018, CoreCivic acquired the 261,000 square-foot Capital Commerce Center, located in Tallahassee, Florida for a purchase price of $44.7 million, excluding transaction-related costs and certain closing credits. Capital Commerce Center is 98% leased, including 87% leased to the state of Florida on behalf of the Florida Department of Business and Professional Regulation. In allocating the purchase price of this transaction, CoreCivic recorded $40.6 million of net tangible assets and $3.2 million of identifiable intangible assets.

On July 17, 2018, CoreCivic acquired a portfolio of twelve properties for $12.0 million, excluding transaction-related costs, 100% leased to the U.S. Federal Government through the General Services Administration ("GSA"), an independent agency of the United States government, on behalf of the Social Security Administration ("SSA"), the Department of Homeland Security, and ICE. In allocating the purchase price of this transaction, CoreCivic recorded $11.1 million of net tangible assets and $1.9 million of identifiable intangible assets.

On August 23, 2018, CoreCivic acquired a 541,000 square-foot SSA office building in Baltimore, Maryland ("SSA-Baltimore") for a purchase price of $242.0 million, excluding transaction-related costs and certain closing credits. The office building was purpose built to SSA specifications in 2014 under a 20-year firm term lease expiring in January 2034, and is backed by the full faith and credit of the U.S. Federal Government through the GSA. In connection with the acquisition and as further described in Note 11, CoreCivic assumed $157.3 million of in-place financing that was used to fund the initial construction of the property in 2014. In allocating the purchase price of this transaction, CoreCivic recorded $207.4 million of net tangible assets and $38.9 million of identifiable intangible assets.

On September 21, 2018, CoreCivic acquired a 217,000 square-foot, steel frame property in Dayton, Ohio for $6.9 million, excluding transaction-related costs and certain closing credits, that was built-to-suit for the National Archives and Records Administration ("NARA") in 2002. The building is 100% leased to the GSA on behalf of NARA through January 2023 and includes two additional 10-year renewal options. The building provides 1.2 million cubic feet of storage space, approximately 90% of which is dedicated to archives of the IRS. In allocating the purchase price of this transaction, CoreCivic recorded $6.9 million of net tangible assets and $0.7 million of identifiable intangible assets.

CoreCivic acquired the 15 properties in 2018 as strategic investments that further diversify the Company's cash flows through government-leased properties and broaden the solutions it provides to its government partners.

In the second quarter of 2018, CoreCivic entered into an agreement to sell its former corporate headquarters for $12.6 million. In connection with the agreement, the Company wrote-down the value of the property to its net realizable value, recognizing an asset impairment charge of $1.6 million in the second quarter of 2018. CoreCivic closed on the sale during the third quarter of 2018 and used the net proceeds from the sale to pay-down a portion of the amounts outstanding under the Company's revolving credit facility.

2019 Acquisitions and Dispositions. On February 20, 2019, CoreCivic acquired the South Raleigh Reentry Center, a 60-bed residential reentry center in Raleigh, North Carolina, for $0.9 million, excluding transaction-related expenses. In connection with the acquisition, CoreCivic provides reentry services for both male and female residents under custody of the BOP.

On May 6, 2019, CoreCivic acquired a 36,520-square foot office building in Detroit, Michigan, for $7.2 million, excluding transaction-related expenses, that was built-to-suit for the state of Michigan's Department of Health and Human Services ("MDHHS") in 2002. This property was acquired through GRES. The property was 100% leased to the Michigan Department of Technology, Management and Budget ("MDTMB") on behalf of MDHHS through June 2028 and included one six-year renewal option at the sole discretion of the MDTMB. During the fourth quarter of 2020, the MDTMB provided notice of its intent to exercise its executive cancellation provision to terminate the lease effective December 31, 2020.

In allocating the purchase price of the acquisitions in 2019, CoreCivic recorded $7.4 million of net tangible assets and $0.8 million of identifiable intangible assets. CoreCivic acquired the properties as strategic investments that further expand the Company's network of residential reentry centers and enable the continued delivery of critical services that help people reintegrate into the community, and also further diversify the Company's cash flows through the acquisition of a government-leased property.

On June 24, 2019, CoreCivic sold a property which was leased to a third-party and located in Chester, Pennsylvania for $3.4 million. The property had a net carrying value of $3.1 million at the time of the sale, with the gain on the sale of $0.3 million recognized in the second quarter of 2019 and reflected in loss (gain) on sale of real estate assets on the consolidated statement of operations.

2020 Acquisitions and Dispositions. On January 2, 2020, CoreCivic completed the acquisition of a portfolio of 28 properties, 24 of which the counter-party contributed to GRES, for total consideration of $83.2 million, excluding transaction-related expenses. All of the properties are leased to the federal government through the GSA. CoreCivic financed the acquisition with $7.7 million of cash, assumed debt of $52.2 million, as further described in Note 11, and the balance with the issuance of 1.3 million shares of Class A Common Interests in GRES, an unrestricted subsidiary controlled by the Company, that are convertible into cash or, at the Company's option, shares of the Company's common stock following a two-year holding period on a one-for-one basis (the "Operating Partnership Units"), using a partnership structure. In allocating the purchase price of the acquisition, CoreCivic recorded $77.4 million of net tangible assets, $7.5 million of identifiable intangible assets, and $4.9 million of tenant improvements.

On December 23, 2020, CoreCivic completed the sale of 42 government-leased properties, including the portfolio of 28 properties acquired in 2020 and 11 of the 12 properties acquired July 17, 2018 described above, in a single transaction to a third party for an aggregate price of $106.5 million, generating net proceeds of $27.8 million after the repayment of the debt related to GRES, and other transaction-related costs. Net cash proceeds were used to pay-down the Company's revolving credit facility and are available to recycle into projects generating higher returns. In accordance with a Tax Protection Agreement, the Company agreed to provide certain tax protection payments to the contributing partners of GRES, limited to the cash and certain other resources held by GRES. After considering the tax protection payments in connection with this sale, the Company reported a net loss on sale of $17.9 million.

Assets Held for Sale. The Company intends to pursue the sale of additional assets in the Properties segment, utilizing any net proceeds, after the repayment of non-recourse mortgage notes associated with such properties, in furtherance of the Company’s revised capital allocation strategy. As of December 31, 2020, CoreCivic had three real estate assets held for sale. The aggregate net book value of the property and equipment of these three properties, amounting to $241.8 million, and the other assets associated with the properties, consisting of deferred leasing costs and other assets amounting to $37.6 million, are reflected as assets held for sale on the Company's consolidated balance sheet as of December 31, 2020. Although the Company can provide no assurance, based on interest expressed to-date, CoreCivic expects to close on the sale of these assets during 2021.

Financing Leasing Transactions

On January 24, 2018, CoreCivic entered into a 20-year lease agreement with the KDOC for a 2,432-bed correctional facility to be constructed by the Company in Lansing, Kansas. The new facility replaces the Lansing Correctional Facility, Kansas' largest correctional complex for adult male inmates, originally constructed in 1863. CoreCivic will be responsible for facility maintenance throughout the 20-year term of the lease, at which time ownership will revert to the state of Kansas. Construction of the facility commenced in the first quarter of 2018, and construction was completed in January 2020, at which time the lease commenced. CoreCivic accounts for the lease with the KDOC partially as a financing receivable under ASU 2016-02, "Leases (Topic 842)", with the remaining portion of the lease payments attributable to maintenance services and capital expenditures as revenue streams under ASC 606, "Revenue from Contracts with Customers". As of December 31, 2020, the financing receivable was $147.5 million recognized in Other Assets on the consolidated balance sheet. Prior to commencement of the lease, the costs incurred to construct the facility were reflected as a construction receivable and, as of December 31, 2019, $137.7 million was recognized in Other Assets on the consolidated balance sheet. The cash payments associated with the construction of the project were reported as expenditures for facility development and expansions on the consolidated statements of cash flows. During 2020, the Lansing Correctional Facility generated $2.6 million of revenue associated with the non-lease services components of the arrangement, and $8.4 million of interest income.

Idle Facilities

As of December 31, 2020, CoreCivic had five idled CoreCivic Safety correctional facilities that are currently available and being actively marketed as solutions to meet the needs of potential customers. The following table summarizes each of the idled facilities and their respective carrying values, excluding equipment and other assets that could generally be transferred and used at other facilities CoreCivic owns without significant cost (dollars in thousands):

	Net Carrying Values at December 31,
Facility	2020		2019
Prairie Correctional Facility	$	14,646	$	14,863
Huerfano County Correctional Center		15,895		16,266
Diamondback Correctional Facility		38,346		39,729
Marion Adjustment Center		11,047		11,351
Kit Carson Correctional Center		52,757		54,041
	$	132,691	$	136,250

As of December 31, 2020, CoreCivic also had one idled non-core facility in its Safety segment containing 240 beds with an aggregate net book value of $3.1 million; three facilities in its Community segment, all of which became idle during 2020, containing an aggregate of 650 beds with an aggregate net book value of $9.2 million; and two previously leased properties in its Properties segment containing 55,000 square feet with an aggregate net book value of $9.5 million. CoreCivic incurred operating expenses at these idled facilities of approximately $7.6 million, $7.1 million, and $7.7 million during the period they were idle for the years ended December 31, 2020, 2019, and 2018, respectively.

Two of the three idled facilities in the CoreCivic Community segment are located in Oklahoma. As a result of the lower resident populations from the state of Oklahoma and the impact of COVID-19, CoreCivic Community transferred the remaining resident populations at its 390-bed Tulsa Transitional Center to Oklahoma's system, idling the Tulsa facility during the third quarter of 2020. Closure of the Tulsa facility followed the closure of the 200-bed Oklahoma City Transitional Center during the second quarter of 2020, and the 289-bed Turley Residential Center in Oklahoma in 2019. During the fourth quarter of 2020, the BOP awarded a new contract to CoreCivic for residential reentry and home confinement services pursuant to a solicitation for capacity and services to be provided in the state of Oklahoma. As a result, CoreCivic reactivated the Turley Residential Center during the first quarter of 2021, and provides the BOP additional reentry services at its owned and operated Oklahoma Reentry Opportunity Center (formerly known as the Carver Transitional Center), which supplements the existing utilization by the state of Oklahoma.

During the third quarter of 2020, Adams County, Colorado, notified the Company that, pursuant to a re-bid of the managed-only contract at the 184-bed Henderson Transitional Center, a facility in the Community segment the Company leased from Adams County, it awarded the contract to another operator. CoreCivic transitioned operations to the other operator upon expiration of the contract in January 2021.

On April 15, 2020, CoreCivic sold an idled facility in its Community segment, containing 92 beds, for a gross sales price of $1.6 million. In anticipation of the sale, CoreCivic reported an impairment charge of $0.5 million in the first quarter of 2020 based on the realizable value resulting from the sale. On May 26, 2020, CoreCivic sold an idled non-core facility in its Safety segment, containing 200 beds with a net book value of $0.5 million at the time of the sale, for net proceeds of $3.3 million. The gain on the sale of $2.8 million was recognized in the second quarter of 2020.

On September 15, 2020, CoreCivic announced that it had entered into a new contract under an IGSA between the city of Cushing, Oklahoma and the USMS to utilize the Company's 1,600-bed Cimarron Correctional Facility in the CoreCivic Safety segment. The Company had previously announced its intention to idle the Cimarron facility during the third quarter of 2020, predominantly due to a lower number of inmate populations from the state of Oklahoma resulting from COVID-19, combined with the consequential impact of COVID-19 on the State's budget. The new management contract commenced on September 15, 2020, and has an initial term of three years, with unlimited 24-month extension options thereafter upon mutual agreement.

CoreCivic considers the cancellation of a contract or an expiration and non-renewal of a lease agreement in its CoreCivic Properties segment as an indicator of impairment, and tested each of the idled properties for impairment when it was notified by the respective customers or tenants that they would no longer be utilizing such property. CoreCivic evaluates on a quarterly basis market developments for the potential utilization of each of these properties in order to identify events that may cause CoreCivic to reconsider its most recent assumptions, such as the agreement to sell a property at less than its carrying value. As a result of CoreCivic's analyses, in the second quarter of 2020, CoreCivic reported an impairment charge of $9.8 million on one of the residential reentry facilities in the Community segment in Oklahoma, based on its anticipated use as a commercial real estate property rather than a residential reentry facility. The fair value measurement for the Oklahoma residential reentry facility was estimated using unobservable Level 3 inputs, as defined in ASC 820, using market comparable data for similar properties in the local markets.

BUSINESS COMBINATIONS

12 Months Ended

Dec. 31, 2020

BUSINESS COMBINATIONS

7.	BUSINESS COMBINATIONS

Effective January 1, 2018, CoreCivic closed on the acquisition of Rocky Mountain Offender Management Systems, LLC ("RMOMS"), which provides non-residential correctional alternatives, including electronic monitoring and case management services, to municipal, county, and state governments in seven states. The aggregate purchase price was $7.0 million, excluding transaction-related expenses.

Effective December 1, 2018, CoreCivic closed on the acquisition of Recovery Monitoring Solutions Corporation ("RMSC"), which provides non-residential correctional alternatives, including electronic monitoring and case management services, to municipal, county, and state governments in four states. The aggregate purchase price was $15.9 million, excluding transaction-related expenses.

In allocating the purchase price for the two transactions in 2018, CoreCivic recorded the following (in millions):

Property and equipment	$	6.1
Intangible assets		12.4
Tangible assets and liabilities, net		(2.8	)
Total identifiable assets, net		15.7
Goodwill		7.2
Total consideration	$	22.9

On December 7, 2019, CoreCivic completed the acquisition of certain assets of Rehabilitation Services, Inc. ("RSI") for $4.4 million, excluding transaction related expenses. As a result of better than estimated financial performance of the acquisition, during the third quarter of 2020, the Company recognized a loss of $0.6 million for additional contingent consideration associated with the acquisition. The acquisition resulted in the addition of two residential reentry centers in Virginia. The Ghent Residential Reentry Center, a 36-bed residential reentry center in Norfolk, Virginia and the James River Residential Reentry Center, an 84-bed residential reentry center in Newport News, Virginia provide reentry services for residents under custody of the BOP. The residential reentry facilities can also serve an additional 34 home confinement clients on behalf of the BOP.

In allocating the purchase price for the acquisition of certain assets of RSI in 2019, CoreCivic recorded the following (in millions):

Property and equipment	$	1.3
Intangible assets		0.7
Total identifiable assets		2.0
Goodwill		2.4
Total consideration	$	4.4

The results of operations for these business combinations have been included in the Company's consolidated financial statements from the dates of the acquisitions.

INVESTMENT IN AFFILIATE

12 Months Ended

Dec. 31, 2020

Agecroft Prison Management Ltd

INVESTMENT IN AFFILIATE

8.	INVESTMENT IN AFFILIATE

CoreCivic has a 50% ownership interest in APM, an entity holding the management contract for a correctional facility, HM Prison Forest Bank, under a 25-year prison management contract with an agency of the United Kingdom government. CoreCivic has determined that its joint venture investment in APM represents a variable interest entity ("VIE") in accordance with ASC 810, "Consolidation" of which CoreCivic is not the primary beneficiary. The Forest Bank facility, located in Salford, England, was previously constructed and owned by a wholly-owned subsidiary of CoreCivic, which was sold in April 2001. All gains and losses under the joint venture are accounted for using the equity method of accounting. During 2000, CoreCivic extended a working capital loan to APM, which has an outstanding balance of $3.1 million as of December 31, 2020.

For the years ended December 31, 2020, 2019, and 2018, equity in losses of the joint venture was $192,000, $128,000, and $100,000, respectively. The equity in losses of the joint venture is included in other (income) expense in the consolidated statements of operations. As of December 31, 2020, the equity in the net deficit of APM was $0.2 million and is applied as a reduction in the carrying value of the outstanding working capital loan of $3.1 million, which is reported in other assets on the accompanying consolidated balance sheets. The outstanding working capital loan of $3.1 million, net of the $0.2 million equity in the net deficit of APM, represents CoreCivic's maximum exposure to loss in connection with APM.

CoreCivic has determined that its joint venture investment in GRES also represents a VIE. CoreCivic has 100% voting control in GRES. Accordingly, CoreCivic concluded that it is the primary beneficiary of GRES and consolidates the VIE. The primary beneficiary is the entity that has (i) the power to direct the activities that most significantly impact the entity's economic performance and (ii) the obligation to absorb losses of the VIE or the right to receive benefits from the VIE that could be significant to the VIE.

OTHER ASSETS

12 Months Ended

Dec. 31, 2020

OTHER ASSETS

9.	OTHER ASSETS

Other assets consist of the following (in thousands):

	December 31,
	2020		2019
Intangible assets:
Deferred leasing assets, less accumulated amortization of $1,132 and $5,647, respectively	$	146	$	41,129
Other intangible assets, less accumulated amortization of $9,219 and $8,182, respectively		10,720		14,517
Construction receivable - Kansas lease		—		137,665
Financing receivable - Kansas lease		147,481		—
ROU lease assets		194,080		108,118
Lease incentive assets		4,813		5,454
Debt issuance costs, less accumulated amortization of $2,332 and $1,475, respectively		1,855		2,628
Cash equivalents and cash surrender value of life insurance held in Rabbi trust		14,940		14,448
Straight-line rent receivable		2,196		7,836
Insurance receivable		14,353		13,179
Other		6,079		5,933
	$	396,663	$	350,907

The gross carrying amount of intangible assets amounted to $21.2 million and $69.5 million at December 31, 2020 and 2019, respectively. Amortization expense related to intangible assets, including those associated with the three properties held for sale at December 31, 2020, as previously described in Note 6, was $9.1 million, $6.8 million, and $6.5 million for 2020, 2019, and 2018, respectively, and depending upon the nature of the asset, was either reported as operating expense or depreciation and amortization in the accompanying statement of operations for the respective periods.

As of December 31, 2020, the estimated amortization expense related to intangible assets, including the expense associated with the three properties held for sale at December 31, 2020, for each of the next five years is as follows (in thousands):

2021	$	4,853
2022		4,253
2023		3,308
2024		3,272
2025		3,268

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES

12 Months Ended

Dec. 31, 2020

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES

10.	ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES

Accounts payable and accrued expenses consist of the following (in thousands):

	December 31,
	2020		2019
Trade accounts payable	$	85,359	$	75,152
Accrued salaries and wages		43,564		51,845
Accrued dividends		3,148		54,843
Accrued workers' compensation and auto liability		7,379		7,062
Accrued litigation		5,861		14,134
Accrued employee medical insurance		7,035		6,110
Accrued property taxes		27,780		27,900
Accrued interest		9,516		10,142
ROU lease liability		21,646		26,914
Deferred revenue		8,693		15,387
Construction payable		1,821		7,504
Lease obligation		4,400		8,603
Deferred employer payroll taxes		14,795		—
Other		33,321		31,866
	$	274,318	$	337,462

Other long-term liabilities consist of the following (in thousands):

	December 31,
	2020		2019
Intangible contract liability	$	5,030	$	5,417
Accrued workers' compensation		31,868		28,769
Accrued deferred compensation		11,802		10,919
Lease financing obligation		7,508		7,634
ROU lease liability		144,769		51,247
Deferred employer payroll taxes		14,795		—
Other		696		1,593
	$	216,468	$	105,579

DEBT

12 Months Ended

Dec. 31, 2020

DEBT

11.

DEBT

Debt outstanding consists of the following (in thousands):

	December 31,
	2020			2019
Revolving Credit Facility maturing April 2023. Interest payable periodically at variable interest rates. The weighted average rate at December 31, 2020 and 2019 was 1.7% and 3.3%, respectively.	$	219,000		$	365,000
Term Loan A maturing April 2023. Interest payable periodically at variable interest rates. The rate at December 31, 2020 and 2019 was 1.6% and 3.3%, respectively. Unamortized debt issuance costs amounted to $0.1 million at both December 31, 2020 and 2019.		180,000			190,000
Term Loan B maturing December 2024. Interest payable periodically at variable interest rates. The rate at December 31, 2020 and 2019 was 5.5% and 6.3%, respectively. Unamortized debt issuance costs amounted to $4.1 million and $4.6 million at December 31, 2020 and 2019, respectively.		237,500			250,000
4.625% Senior Notes maturing May 2023. Unamortized debt issuance costs amounted to $1.5 million and $2.1 million at December 31, 2020 and 2019, respectively.		350,000			350,000
5.0% Senior Notes maturing October 2022. Unamortized debt issuance costs amounted to $0.8 million and $1.3 million at December 31, 2020 and 2019, respectively.		250,000			250,000
4.75% Senior Notes maturing October 2027. Unamortized debt issuance costs amounted to $2.7 million and $3.1 million at December 31, 2020 and 2019, respectively.		250,000			250,000
4.5% Capital Commerce Center Non-Recourse Mortgage Note maturing January 2033. Unamortized debt issuance costs amounted to $0.3 million at both December 31, 2020 and 2019.		20,934			22,209
4.43% Lansing Correctional Center Non-Recourse Mortgage Note maturing January 2040. Unamortized debt issuance costs amounted to $3.1 million and $3.3 million at December 31, 2020 and 2019, respectively.		157,607			159,522
4.5% SSA- Baltimore Non-Recourse Mortgage Note maturing February 2034. Unamortized debt issuance costs amounted to $0.2 million at both December 31, 2020 and 2019.		144,476			150,134
Total debt		1,809,517			1,986,865
Unamortized debt issuance costs		(12,766	)		(14,993	)
Unamortized original issue discount		(10,000	)		(12,500	)
Current portion of long-term debt		(39,087	)		(31,349	)
Long-term debt, net	$	1,747,664		$	1,928,023

Revolving Credit Facility. On April 17, 2018, CoreCivic entered into the Second Amended and Restated Credit Agreement (referred to herein as the "Bank Credit Facility") in an aggregate principal amount of up to $1.0 billion. The Bank Credit Facility provides for a term loan of $200.0 million (the "Term Loan A") and a revolving credit facility in an aggregate principal amount of up to $800.0 million (the "Revolving Credit Facility"). The Bank Credit Facility has a maturity of April 2023. The Bank Credit Facility also contains an "accordion" feature that provides for uncommitted incremental extensions of credit in the form of increases in the revolving commitments or incremental term loans of up to $350.0 million. At CoreCivic's option, interest on outstanding borrowings under the Revolving Credit Facility is based on either a base rate plus a margin ranging from 0.00% to 1.00% or at the London Interbank Offered Rate ("LIBOR") plus a margin ranging from 1.00% to 2.00% based on CoreCivic's then-current leverage ratio. The Revolving Credit Facility includes a $30.0 million sublimit for swing line loans that enables CoreCivic to borrow at the base rate from the Administrative Agent on same-day notice.

Based on CoreCivic's total leverage ratio, loans under the Revolving Credit Facility currently bear interest at the base rate plus a margin of 0.50% or at LIBOR plus a margin of 1.50%, and a commitment fee equal to 0.35% of the unfunded balance. The Revolving Credit Facility also has a $50.0 million sublimit for the issuance of standby letters of credit. As of December 31, 2020, CoreCivic had $219.0 million in borrowings outstanding under the Revolving Credit Facility as well as $14.8 million in letters of credit outstanding resulting in $566.2 million available under the Revolving Credit Facility.

The Bank Credit Facility is secured by a pledge of all of the capital stock of CoreCivic's domestic restricted subsidiaries, 65% of the capital stock of CoreCivic's foreign subsidiaries, all of CoreCivic's accounts receivable, and all of CoreCivic's deposit accounts. The Bank Credit Facility requires CoreCivic to meet certain financial covenants, including, without limitation, a maximum total leverage ratio, a maximum secured leverage ratio, and a minimum fixed charge coverage ratio. As of December 31, 2020, CoreCivic was in compliance with all such covenants. In addition, the Bank Credit Facility contains certain covenants that, among other things, limit the incurrence of additional indebtedness, payment of dividends and other customary restricted payments, permitted investments, transactions with affiliates, asset sales, mergers and consolidations, liquidations, prepayments and modifications of other indebtedness, liens and other encumbrances and other matters customarily restricted in such agreements. In addition, the Bank Credit Facility is subject to certain cross-default provisions with terms of CoreCivic's other unsecured indebtedness, and is subject to acceleration upon the occurrence of a change of control.

As a result of opposition to immigration policies and the association of private companies with the enforcement of such policies, some banks, including several that are currently parties to the Bank Credit Facility, have announced that they do not expect to continue providing credit or financial services to private entities that operate correctional and detention facilities, including CoreCivic. The banks that are currently parties to the Bank Credit Facility are obligated to honor their commitments under the Bank Credit Facility, which expire in April 2023.

Incremental Term Loan A. Interest rate margins under the Term Loan A are the same as the interest rate margins under the Revolving Credit Facility. The Term Loan A also has the same collateral requirements, financial and certain other covenants, and cross-default provisions as the Revolving Credit Facility. The Term Loan A, which is pre-payable without penalty, also has a maturity concurrent with the Revolving Credit Facility due April 2023, with scheduled quarterly principal payments through April 2023. As of December 31, 2020, the outstanding balance of the Term Loan A was $180.0 million.

Senior Secured Term Loan B. On December 18, 2019, CoreCivic entered into a new $250.0 million Senior Secured Term Loan B ("Term Loan B" and, together with the Bank Credit Facility, the "Credit Agreements"). The Term Loan B bears interest at a rate of LIBOR plus 4.50%, with a 1.00% LIBOR floor (or, at CoreCivic's option, a base rate plus 3.50%), and has a five-year maturity with scheduled quarterly principal payments through December 2024. The Term Loan B is secured by a first lien on certain specified real property assets, representing a loan-to-value of no greater than 80%. CoreCivic can prepay the Term Loan B at any time and from time to time, without premium or penalty. The Term Loan B was issued at a price of 95% of the principal amount of the Term Loan B, resulting in a discount of $12.5 million, which is amortized into interest expense over the term of the Term Loan B. Proceeds from the issuance of the Term Loan B were used to partially fund the early redemption of $325.0 million in aggregate principal amount of 4.125% senior notes originally due 2020, transaction fees and expenses, and to provide for general corporate purposes. CoreCivic capitalized approximately $5.1 million of costs associated with the issuance of the Term Loan B. As of December 31, 2020, the outstanding balance of the Term Loan B was $237.5 million.

Senior Notes. Interest on the $350.0 million aggregate principal amount of CoreCivic's 4.625% senior notes issued in April 2013 (the "4.625% Senior Notes") accrues at the stated rate and is payable in May and November of each year. The 4.625% Senior Notes are scheduled to mature on May 1, 2023. Interest on the $250.0 million aggregate principal amount of CoreCivic's 5.0% senior notes issued in September 2015 (the "5.0% Senior Notes") accrues at the stated rate and is payable in April and October of each year. The 5.0% Senior Notes are scheduled to mature on October 15, 2022. Interest on the $250.0 million aggregate principal amount of CoreCivic's 4.75% senior notes issued in October 2017 (the "4.75% Senior Notes") accrues at the stated rate and is payable in April and October of each year. The 4.75% Senior Notes are scheduled to mature on October 15, 2027.

The 4.625% Senior Notes, the 5.0% Senior Notes, and the 4.75% Senior Notes, collectively referred to herein as the "Senior Notes", are senior unsecured obligations of the Company and are guaranteed by all of the Company's subsidiaries that guarantee the Bank Credit Facility. CoreCivic may redeem all or part of the Senior Notes at any time prior to three months before their respective maturity date at a "make-whole" redemption price, plus accrued and unpaid interest thereon to, but not including, the redemption date. Thereafter, the Senior Notes are redeemable at CoreCivic's option, in whole or in part, at a redemption price equal to 100% of the aggregate principal amount of the notes to be redeemed plus accrued and unpaid interest thereon to, but not including, the redemption date.

Non-Recourse Mortgage Notes:

Capital Commerce Center. As previously discussed in Note 6, on January 19, 2018, CoreCivic acquired the 261,000 square-foot Capital Commerce Center, located in Tallahassee, Florida, for a purchase price of $44.7 million. The acquisition was partially financed with a $24.5 million non-recourse mortgage note (the "Capital Commerce Note"), which is fully-secured by the Capital Commerce Center property, with an interest rate of 4.5%, maturing in January 2033. Principal and interest on the Capital Commerce Note are payable in equal monthly payments over the 15-year term of the note. The Capital Commerce Note is pre-payable at any time with a prepayment charge, if any, equal to an amount so as to maintain the same yield on the Capital Commerce Note as if it had been carried through to its full term using Treasury instruments having a term equal to the remaining term of the Capital Commerce Note as of the prepayment date. CoreCivic capitalized approximately $0.4 million of costs associated with the Capital Commerce Note. As of December 31, 2020, the outstanding balance of the mortgage note was $20.9 million.

Lansing Correctional Facility. On April 20, 2018, CoreCivic of Kansas, LLC (the "Issuer"), a wholly-owned unrestricted subsidiary of the Company, priced $159.5 million in aggregate principal amount of non-recourse senior secured notes of the Issuer (the "Kansas Notes"), in a private placement pursuant to Section 4(a)(2) of the Securities Act of 1933, as amended. The private placement closed on June 1, 2018. The Company used the proceeds of the private placement, which were drawn on quarterly funding dates beginning in the second quarter of 2018, to fund construction of the Lansing Correctional Facility, along with costs and expenses of the project. The Kansas Notes have a yield to maturity of 4.43% and are scheduled to mature in January 2040, 20 years following completion of the project, which occurred in January 2020. Principal and interest on the Kansas Notes will be payable in quarterly payments beginning in July 2020 until maturity. CoreCivic may redeem all or part of the Kansas Notes at any time upon written notice of not less than 30 days and not more than 60 days prior to the date fixed for such prepayment, with a "make-whole" amount, together with interest on the Kansas Notes accrued to, but not including, the redemption date. CoreCivic capitalized approximately $3.4 million of costs associated with the private placement. Because the Issuer has been designated as an unrestricted subsidiary of the Company under terms of the Company's Credit Agreements, the issuance and service of the Kansas Notes, and the revenues and expenses associated with the facility lease, do not impact the financial covenants associated with the Company's Credit Agreements. As of December 31, 2020, the outstanding balance of the Kansas Notes was $157.6 million.

SSA-Baltimore. As previously discussed in Note 6, on August 23, 2018, CoreCivic acquired the 541,000 square-foot SSA-Baltimore office building for a purchase price of $242.0 million. In connection with the acquisition, a wholly-owned unrestricted subsidiary of the Company assumed $157.3 million of in-place financing that was used to fund the initial construction of the property in 2014. The assumed non-recourse mortgage note (the "SSA-Baltimore Note") carries a fixed interest rate of 4.5% and requires monthly principal and interest payments, with a balloon payment of $40.0 million due at maturity in February 2034. The SSA-Baltimore Note is fully-secured by the SSA-Baltimore property. CoreCivic may pre-pay the SSA-Baltimore Note in whole or in part upon not less than 30 days' and not more than 60 days' prior written notice and such pre-payment shall include a "make-whole" amount. During the last 90 days of the permanent loan term and upon 30 days' prior written notice, CoreCivic may prepay the note in full, including any accrued and outstanding interest on any permanent loan payment date, without the payment of the "make-whole" amount. CoreCivic capitalized approximately $0.2 million of costs associated with the assumption of the SSA-Baltimore Note. As of December 31, 2020, the outstanding balance of the SSA-Baltimore Note was $144.5 million.

Government Real Estate Solutions. As previously described in Note 6, on January 2, 2020, CoreCivic acquired a portfolio of 28 properties, 24 of which the counter-party contributed to GRES, for total consideration of $83.2 million. In connection with the acquisition, a wholly-owned subsidiary of GRES assumed $52.2 million of in-place financing. The assumed non-recourse mortgage notes (collectively the "GRES Note") carried a fixed interest rate of 4.91% and required monthly principal and interest payments, with a balloon payment of $46.2 million due at maturity in November 2025. The GRES Note continued to be fully-secured by the same 24 properties originally pledged as collateral at the time the debt was issued. On December 23, 2020, we completed the sale of 42 non-core government-leased properties, including the 24 properties originally pledged as collateral at the time the GRES Note was issued, in a single transaction to a third party for an aggregate price of $106.5 million, generating net proceeds of $27.8 million after the repayment of the GRES Note and other transaction-related costs. In connection with the sale, we incurred a debt defeasance cost of $10.5 million associated with the prepayment of the GRES Note.

CoreCivic may also seek to issue additional debt or equity securities from time to time when the Company determines that market conditions and the opportunity to utilize the proceeds from the issuance of such securities are favorable.

Guarantees and Covenants. All of the restricted domestic subsidiaries of CoreCivic (as the parent corporation) have provided full and unconditional guarantees of the Senior Notes. All of CoreCivic's subsidiaries guaranteeing the Senior Notes are 100% owned subsidiaries of CoreCivic; and the subsidiary guarantees are full and unconditional and are joint and several obligations of the guarantors.

As of December 31, 2020, neither CoreCivic nor any of its subsidiary guarantors had any material or significant restrictions on CoreCivic's ability to obtain funds from its subsidiaries by dividend or loan or to transfer assets from such subsidiaries.

The indentures governing the Senior Notes contain certain customary covenants that, subject to certain exceptions and qualifications, restrict CoreCivic's ability to, among other things, make restricted payments; incur additional debt or issue certain types of preferred stock; create or permit to exist certain liens; consolidate, merge or transfer all or substantially all of CoreCivic's assets; and enter into transactions with affiliates. In addition, if CoreCivic sells certain assets (and generally does not use the proceeds of such sales for certain specified purposes) or experiences specific kinds of changes in control, CoreCivic must offer to repurchase all or a portion of the Senior Notes. The offer price for the Senior Notes in connection with an asset sale would be equal to 100% of the aggregate principal amount of the notes repurchased plus accrued and unpaid interest and liquidated damages, if any, on the notes repurchased to the date of purchase. The offer price for the Senior Notes in connection with a change in control would be 101% of the aggregate principal amount of the notes repurchased plus accrued and unpaid interest and liquidated damages, if any, on the notes repurchased to the date of purchase. The Senior Notes are also subject to certain cross-default provisions with the terms of CoreCivic's Bank Credit Facility, as well as the credit agreement governing the Term Loan B.

Other Debt Transactions

Letters of Credit. At December 31, 2020 and 2019, CoreCivic had $14.8 million and $22.3 million, respectively, in outstanding letters of credit. The letters of credit were issued to secure CoreCivic's workers' compensation and general liability insurance policies, performance bonds, and utility deposits.

Debt Maturities

Scheduled principal payments as of December 31, 2020 for the next five years and thereafter were as follows (in thousands):

2021	$	39,087
2022		292,981
2023		758,110
2024		194,937
2025		14,556
Thereafter		509,846
Total debt	$	1,809,517

Cross-Default Provisions

The provisions of CoreCivic's debt agreements relating to the Credit Agreements and the Senior Notes contain certain cross-default provisions. Any events of default under the Credit Agreements that result in the lenders' actual acceleration of amounts outstanding thereunder also result in an event of default under the Senior Notes. Additionally, any events of default under the Senior Notes that give rise to the ability of the holders of such indebtedness to exercise their acceleration rights also result in an event of default under the Credit Agreements.

If CoreCivic were to be in default under the Credit Agreements, and if the lenders under the Credit Agreements elected to exercise their rights to accelerate CoreCivic's obligations under the Credit Agreements, such events could result in the acceleration of all or a portion of CoreCivic's Senior Notes, which would have a material impact on CoreCivic's liquidity and financial position. CoreCivic does not have sufficient working capital to satisfy its debt obligations in the event of an acceleration of all or a substantial portion of CoreCivic's outstanding indebtedness.

DEFERRED REVENUE

12 Months Ended

Dec. 31, 2020

DEFERRED REVENUE

12.	DEFERRED REVENUE

In September 2014, CoreCivic announced that it had agreed under an expansion of an existing IGSA between the city of Eloy, Arizona and ICE to care for up to 2,400 individuals at the South Texas Family Residential Center, a facility leased by CoreCivic in Dilley, Texas. In September 2018, the city of Dilley, Texas assumed the amended IGSA with ICE. Services provided under the original amended IGSA commenced in the fourth quarter of 2014 and had an original term of up to four years. The agreement provided for a fixed monthly payment in accordance with a graduated schedule. In October 2016, CoreCivic entered into an amended IGSA that provided for a new, lower fixed monthly payment commencing in November 2016, and extended the term of the contract through September 2021. In September 2020, the term of the amended IGSA was extended from September 2021 to September 2026. The agreement can be further extended by bi-lateral modification. ICE's termination rights, which permit ICE to terminate the agreement for convenience or non-appropriation of funds, without penalty, by providing CoreCivic with at least a 60-day notice, were unchanged under the extension. ICE began housing the first residents at the facility in December 2014, and the site was completed during the second quarter of 2015.

Under the fixed monthly payment schedule of the original amended IGSA, ICE agreed to pay CoreCivic $70.0 million in two $35.0 million installments during the fourth quarter of 2014 and graduated fixed monthly payments over the remaining months of the contract. As a result of extending the amortization period for the deferred revenue associated with the 2020 amended IGSA over the extended term of the agreement, CoreCivic's non-cash revenue associated with the amended IGSA decreased by approximately $2.7 million per quarter, from $3.4 million to $0.7 million, effective beginning in the fourth quarter of 2020. During the years ended December 31, 2020, 2019, and 2018, CoreCivic recognized $167.7 million, $170.6 million, and $170.6 million, respectively, in revenue associated with the amended IGSA with the unrecognized balance of the fixed monthly payments reported in deferred revenue. The current portion of deferred revenue is reflected within accounts payable and accrued expenses while the long-term portion is reflected in deferred revenue on the accompanying consolidated balance sheets. As of December 31, 2020 and 2019, total deferred revenue associated with this agreement amounted to $15.2 million and $26.1 million, respectively.

- Definition

The entire disclosure of revenue from contract with customer to transfer good or service and to transfer nonfinancial asset. Includes, but is not limited to, disaggregation of revenue, credit loss recognized from contract with customer, judgment and change in judgment related to contract with customer, and asset recognized from cost incurred to obtain or fulfill contract with customer. Excludes insurance and lease contracts.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-URI http://asc.fasb.org/topic&trid=49130388

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 10
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130551-203045

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 13
-Subparagraph (b)(2)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130556-203045

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 9
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130550-203045

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130558-203045

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 606
-SubTopic 10
-Section 50
-Paragraph 12
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=121604090&loc=SL49130554-203045

+ Details

INCOME TAXES

12 Months Ended

Dec. 31, 2020

INCOME TAXES

13.	INCOME TAXES

As discussed in Note 1, the Company has operated in compliance with REIT requirements for federal income tax purposes from January 1, 2013 through December 31, 2020. During the years the Company elected REIT status, the Company was required to distribute at least 90 percent of its taxable income (including dividends paid to it by its TRSs) and did not pay federal income taxes on the amount distributed to its stockholders. In addition, the Company was required to meet a number of other organizational and operational requirements, which the Company continued to meet through the year ending December 31, 2020. Most states where CoreCivic holds investments in real estate conform to the federal rules recognizing REITs. Certain subsidiaries have made an election with the Company to be treated as TRSs in conjunction with the Company's REIT election; the TRS elections permit CoreCivic to engage in certain business activities in which the REIT may not engage directly. A TRS is subject to federal and state income taxes on the income from these activities and therefore, CoreCivic has included a provision for taxes in its consolidated financial statements.

The TCJA was enacted on December 22, 2017. The TCJA reduced the U.S. federal corporate tax rate from 35% to 21%, required companies to pay a one-time transition tax on earnings of certain foreign subsidiaries that were previously tax deferred, and created new taxes on certain foreign-sourced earnings. However, the TCJA did not change the dividends paid deduction applicable to REITs and, therefore, CoreCivic generally was not subject to federal income taxes on the Company's REIT taxable income and gains that it distributed to its stockholders. In the fourth quarter of 2017, the Company recorded, in accordance with ASC 740, the tax effects of enactment of the TCJA on existing deferred tax balances and there was no one-time transition tax on foreign earnings. The Company re-measured certain deferred tax assets and liabilities based on the rates at which they are expected to reverse in the future, which is generally 21%. In the fourth quarter of 2017, the Company recognized a charge of $4.5 million, which was included as a component of income tax expense, for the revaluation of deferred tax assets and liabilities and other taxes associated with the TCJA. CoreCivic applied the guidance in the SEC Staff Accounting Bulletin 118, "Income Tax Accounting Implications of the Tax Cuts and Jobs Act" when accounting for the enactment-date effects of the TCJA in 2017 and throughout 2018. During the third quarter of 2018, the Company completed its accounting for the TCJA and revised its estimates of the revaluation of deferred tax assets and liabilities resulting in the recognition of an additional charge of $1.0 million, which was also included as a component of income tax expense.

Income tax expense (benefit) is comprised of the following components (in thousands):

	For the Years Ended December 31,
	2020			2019			2018
Current income tax expense (benefit)
Federal	$	(1,928	)	$	5,324		$	10,481
State		1,369			3,677			2,308
		(559	)		9,001			12,789
Deferred income tax expense (benefit)
Federal		3,878			(489	)		(3,422	)
State		1,067			(673	)		(1,014	)
		4,945			(1,162	)		(4,436	)
Income tax expense	$	4,386		$	7,839		$	8,353

Income tax expense during 2020 included $3.1 million, recorded in the first quarter of 2020, that had been deferred during the construction period of the Lansing Correctional Facility, which was owned by a TRS of the Company until it converted to a qualified REIT subsidiary ("QRS") upon completion of construction in the first quarter of 2020. Because ownership of this facility reverts to the state of Kansas upon expiration of the twenty-year lease, the construction and subsequent lease of the facility to the State was a deemed sale for federal and state income tax purposes. The gain on sale was reported as a deferred tax asset based on the percentage of completion method over the construction period. This deferred tax asset was revalued to zero upon conversion of the TRS to a QRS.

Significant components of CoreCivic's deferred tax assets and liabilities as of December 31, 2020 and 2019, are as follows (in thousands):

	December 31,
	2020			2019
Noncurrent deferred tax assets:
Asset reserves and liabilities not yet deductible for tax	$	21,482		$	28,247
Tax over book basis of certain assets		1,001			1,451
Net operating loss and tax credit carryforwards		3,782			5,130
Intangible contract value		699			262
Other		68			103
Total noncurrent deferred tax assets		27,032			35,193
Less valuation allowance		(848	)		(3,865	)
Total noncurrent deferred tax assets		26,184			31,328
Noncurrent deferred tax liabilities:
Book over tax basis of certain assets		(11,305	)		(11,478	)
Intangible value		(2,149	)		(2,264	)
Other		(1,617	)		(1,528	)
Total noncurrent deferred tax liabilities		(15,071	)		(15,270	)
Net total noncurrent deferred tax assets	$	11,113		$	16,058

A reconciliation of the income tax provision at the statutory income tax rate and the effective tax rate as a percentage of income from continuing operations before income taxes for the years ended December 31, 2020, 2019, and 2018 is as follows:

	2020			2019			2018
Statutory federal rate		21.0	%		21.0	%		21.0	%
Dividends paid deduction		(24.9	)		(18.9	)		(18.6	)
State taxes, net of federal tax benefit		1.9			1.2			1.0
Permanent differences		2.2			1.2			1.0
Charges associated with adoption of tax reform		—			—			0.6
Deferred tax expense on Kansas lease structure		5.2			—			—
Tax benefit of equity-based compensation		1.1			0.1			0.5
Other items, net		0.8			(0.6	)		(0.5	)
		7.3	%		4.0	%		5.0	%

CoreCivic's effective tax rate was 7.3%, 4.0%, and 5.0% during 2020, 2019, and 2018, respectively. During the years the Company elected REIT status, CoreCivic was entitled to a deduction for dividends paid, resulting in a substantial reduction in the amount of federal income tax expense it recognizes. Substantially all of CoreCivic's income tax expense during the years the Company elected REIT status was incurred based on the earnings generated by its TRSs.

On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security Act (the “CARES Act”). The CARES Act, among other things, includes provisions relating to refundable payroll tax credits, deferral of employer side social security payments, net operating loss carryback periods, alternative minimum tax credit refunds, modifications to the net interest deduction limitations and technical corrections to tax depreciation methods for qualified improvement property. The accelerated depreciation methods for qualified improvement property significantly reduced the Company's taxable income and, therefore, its distribution requirement as a REIT for 2020. Additionally, as of December 31, 2020, the Company has deferred payment of $29.6 million of employer-side social security payments. Half of these deferrals will be due December 31, 2021, with the other half due December 31, 2022.

On August 5, 2020, the Company announced that the BOD unanimously approved a plan to revoke its REIT election and become a taxable C Corporation, effective January 1, 2021. As a result, the Company will no longer be required to operate under REIT rules, including the requirement to distribute at least 90% of its taxable income to its stockholders, which will provide the Company with greater flexibility to use its free cash flow. Beginning January 1, 2021, the Company will be subject to federal and state income taxes on its taxable income at applicable tax rates, and will no longer be entitled to a tax deduction for dividends paid. The revocation of the Company's REIT election will also result in a revaluation of its net deferred tax liabilities, resulting in a material income tax charge in the period the Company has completed all significant actions necessary to revoke its REIT election, currently expected to occur in the first quarter of 2021. The Company currently estimates the charge to be $100.0 million to $135.0 million. The Company continued to operate as a REIT for the 2020 tax year, and existing REIT requirements and limitations, including those established by the Company’s organizational documents, remained in place until January 1, 2021.

The Company's consolidated effective tax rate could fluctuate in the future based on changes in estimates of taxable income, the implementation of additional tax planning strategies, changes in federal or state tax rates or laws affecting tax credits available to the Company, changes in other tax laws, changes in estimates related to uncertain tax positions, or changes in state apportionment factors, as well as changes in the valuation allowance applied to the Company's deferred tax assets that are based primarily on the amount of state net operating losses and tax credits that could expire unused.

CoreCivic had no liabilities for uncertain tax positions as of December 31, 2020 and 2019. CoreCivic recognizes interest and penalties related to unrecognized tax positions in income tax expense. CoreCivic does not currently anticipate that the total amount of unrecognized tax positions will significantly change in the next twelve months.

CoreCivic's U.S. federal income tax returns for tax years 2017 through 2019 remain subject to examination by the IRS. All states in which CoreCivic files income tax returns follow the same statute of limitations as the federal government, with the exception of the following states whose open tax years include 2016 through 2019: Arizona, California, Colorado, Kentucky, Minnesota, New Jersey, Texas, and Wisconsin.

In October 2019, the Company received notification that the Internal Revenue Service ("IRS") intended to commence an audit of the federal income tax return of the Company's REIT for the year ended December 31, 2017. The IRS also conducted audit procedures related to the Company's TRSs for the same year. The Company received notice in January 2021 that the audit was complete with no material findings.

- Definition

The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information.

+ References + Details

STOCKHOLDERS' EQUITY

12 Months Ended

Dec. 31, 2020

STOCKHOLDERS' EQUITY

14.	STOCKHOLDERS' EQUITY

Dividends on Common Stock

The tax characterization of dividends per share on common shares as reported to stockholders was as follows for the years ended December 31, 2020, 2019, and 2018:

			Ordinary			Return of		Total
Declaration Date	Record Date	Payable Date	Income			Capital		Per Share
February 22, 2018	April 2, 2018	April 16, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
May 11, 2018	July 2, 2018	July 16, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
August 16, 2018	October 1, 2018	October 15, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
December 13, 2018	January 2, 2019	January 15, 2019		0.374927	⁽²⁾		0.055073	$	0.43
February 21, 2019	April 1, 2019	April 15, 2019		0.383646	⁽³⁾		0.056354	$	0.44
May 16, 2019	July 1, 2019	July 16, 2019		0.383646	⁽³⁾		0.056354	$	0.44
August 15, 2019	October 1, 2019	October 15, 2019		0.383646	⁽³⁾		0.056354	$	0.44
December 12, 2019	January 6, 2020	January 15, 2020		0.440000	⁽⁴⁾		—	$	0.44
February 20, 2020	April 1, 2020	April 15, 2020		0.440000	⁽⁴⁾		—	$	0.44

⁽¹⁾$0.053074 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽²⁾$0.041413 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽³⁾$0.042774 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽⁴⁾$0.040745 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

As further discussed in Note 1, the Company announced on June 17, 2020 that the BOD suspended the Company's quarterly dividend while it evaluated corporate structure and capital allocation alternatives. On August 5, 2020, the BOD voted unanimously to approve a plan to revoke the Company’s REIT election and become a taxable C Corporation, effective January 1, 2021; the BOD also voted unanimously to discontinue the quarterly dividend and prioritize allocating the Company's free cash flow to reduce debt levels. Future dividends will depend on CoreCivic's future cash flows and earnings, capital requirements, financial condition, limitations under debt covenants, opportunities for alternative uses of capital, and on such other factors as the BOD of CoreCivic may consider relevant.

Common Stock

Restricted shares. During 2020, CoreCivic issued approximately 1.2 million RSUs to certain of its employees and non-employee directors, with an aggregate value of $20.9 million, including 1.1 million RSUs to employees and non-employee directors whose compensation is charged to general and administrative expense and 0.1 million RSUs to employees whose compensation is charged to operating expense. During 2019, CoreCivic issued approximately 0.9 million RSUs to certain of its employees and non-employee directors, with an aggregate value of $20.1 million, including 0.8 million RSUs to employees and non-employee directors whose compensation is charged to general and administrative expense and 0.1 million RSUs to employees whose compensation is charged to operating expense.

Since 2015, CoreCivic has established performance-based vesting conditions on the RSUs awarded to its officers and executive officers that, unless earlier vested under the terms of the agreements, were subject to vesting over a three-year period based upon the satisfaction of certain annual performance criteria, and no more than one-third of the RSUs could vest in any one performance period. The RSUs awarded to officers and executive officers in 2019 and 2020 consist of a combination of awards with performance-based conditions and time-based conditions. Unless earlier vested under the terms of the RSU agreements, the RSUs with time-based vesting conditions vest evenly generally on the first, second, and third anniversary of the award. The RSUs with performance-based vesting conditions are divided into one-third increments, each of which is subject to vesting based upon satisfaction of certain annual performance criteria established at the beginning of the fiscal years ending December 31, 2019, 2020, and 2021 for the 2019 awards, and December 31, 2020, 2021, and 2022 for the 2020 awards, and which can be increased by up to 150% or decreased to 0% based on performance relative to the annual performance criteria, and further increased or decreased using a modifier of 80% to 120% based on CoreCivic's total shareholder return relative to a peer group. Based on performance achieved for 2020, the RSUs subject to performance-based vesting criteria were decreased by 47.9%, and were further reduced to the 80% modifier based on CoreCivic's total shareholder return relative to the peer group. Because the performance criteria for the fiscal years ending December 31, 2021 and 2022 have not yet been established, the values of the third RSU increment of the 2019 awards and of the second and third increments of the 2020 awards for financial reporting purposes will not be determined until such criteria are established. Time-based RSUs issued to other employees, unless earlier vested under the terms of the agreements, generally vest equally on the first, second, and third anniversary of the award. RSUs issued to non-employee directors vest one year from the date of award.

Nonvested RSU transactions as of December 31, 2020 and for the year then ended are summarized below (in thousands, except per share amounts).

	Shares of RSUs			Weighted average grant date fair value
Nonvested at December 31, 2019		1,562		$	22.52
Granted		1,245		$	16.80
Cancelled		(47	)	$	19.42
Vested		(739	)	$	23.55
Nonvested at December 31, 2020		2,021		$	18.40

During 2020, 2019, and 2018, CoreCivic expensed $17.3 million ($1.7 million of which was recorded in operating expenses and $15.6 million of which was recorded in general and administrative expenses), $17.3 million ($1.8 million of which was recorded in operating expenses and $15.5 million of which was recorded in general and administrative expenses), and $13.1 million ($1.8 million of which was recorded in operating expenses and $11.3 million of which was recorded in general and administrative expenses), net of forfeitures, relating to RSUs, respectively. As of December 31, 2020, CoreCivic had $15.0 million of total unrecognized compensation cost related to RSUs that is expected to be recognized over a remaining weighted-average period of 1.7 years. The total fair value of RSUs that vested during 2020, 2019, and 2018 was $17.4 million, $13.4 million, and $15.3 million, respectively.

On August 28, 2018, CoreCivic entered into an Amended and Restated ATM Equity Offering Sales Agreement, or ATM Agreement, with multiple sales agents, pursuant to which the Company may offer and sell to or through the agents, from time to time, shares of the Company's common stock, par value $0.01 per share, having an aggregate gross sales price of up to $200.0 million. Sales, if any, of the Company's shares of common stock will be made primarily in “at-the-market” offerings, as defined in Rule 415 under the Securities Act of 1933, as amended. The shares of common stock will be offered and sold pursuant to CoreCivic's registration statement on Form S-3 and a related prospectus supplement, both filed with the SEC on August 28, 2018. CoreCivic intends to use substantially all of the net proceeds from any sale of shares of the Company's common stock to repay outstanding borrowings or for working capital and other general corporate purposes, which may include investments. There were no shares of the Company's common stock sold under the ATM Agreement during 2018, 2019 and 2020.

Preferred Stock

CoreCivic has the authority to issue 50.0 million shares of $0.01 par value per share preferred stock (the "Preferred Stock"). The Preferred Stock may be issued from time to time upon authorization by the Board of Directors, in such series and with such preferences, conversion or other rights, voting powers, restrictions, limitations as to dividends, qualifications or other provisions as may be fixed by CoreCivic's Board of Directors.

Stock Option Plans

CoreCivic has equity incentive plans under which, among other things, incentive and non-qualified stock options are granted to certain employees and non-employee directors of CoreCivic by the compensation committee of CoreCivic's BOD. The options are granted with exercise prices equal to the fair market value on the date of grant. Vesting periods for options granted to employees generally range from three to four years. Options granted to non-employee directors vest on a date approximately following the first anniversary of the grant date. The term of such options is ten years from the date of grant.

Since 2012, CoreCivic has elected not to issue stock options to its non-employee directors, officers, and executive officers as it had in prior years, and instead elected to issue all of its equity compensation in the form of RSUs as previously described herein. All outstanding stock options were fully vested as of December 31, 2016.

Stock option transactions relating to CoreCivic's non-qualified stock option plans are summarized below (in thousands, except exercise prices):

	No. of options			Weighted- Average Exercise Price of options		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at December 31, 2019		644		$	20.91
Granted		—			—
Exercised		—			—
Cancelled		(172	)		17.58
Outstanding at December 31, 2020		472		$	22.13	0.9	$	—
Exercisable at December 31, 2020		472		$	22.13	0.9	$	—

The aggregate intrinsic value in the table above represents the total pre-tax intrinsic value (the difference between CoreCivic's stock price as of December 31, 2020 and the exercise price, multiplied by the number of in-the-money options) that would have been received by the option holders had all option holders exercised their options on December 31, 2020. This amount changes based on the fair market value of CoreCivic's stock. The total intrinsic value of options exercised during the years ended December 31, 2019 and 2018 was $0.5 million and $1.3 million, respectively. There were no options exercised during 2020.

At CoreCivic's 2020 annual meeting of stockholders held in May 2020, CoreCivic's stockholders approved the CoreCivic, Inc. 2020 Stock incentive Plan that authorized the issuance of new awards to an aggregate of up to 4.7 million shares. As of December 31, 2020, CoreCivic had 4.7 million shares available for issuance under the 2020 Stock Incentive Plan.

EARNINGS PER SHARE

12 Months Ended

Dec. 31, 2020

EARNINGS PER SHARE

15.	EARNINGS PER SHARE

Basic earnings per share is computed by dividing net income by the weighted average number of common shares outstanding during the year. Diluted earnings per share reflects the potential dilution that could occur if securities or other contracts to issue common stock were exercised or converted into common stock or resulted in the issuance of common stock that then shared in the earnings of the entity. For CoreCivic, diluted earnings per share is computed by dividing net income by the weighted average number of common shares after considering the additional dilution related to restricted stock-based awards, stock options, and Operating Partnership Units.

A reconciliation of the numerator and denominator of the basic earnings per share computation to the numerator and denominator of the diluted earnings per share computation is as follows (in thousands, except per share data):

	For the Years Ended December 31,
	2020		2019		2018
NUMERATOR
Basic:
Net income attributable to common stockholders	$	54,157	$	188,886	$	159,207
Diluted:
Net income attributable to common stockholders	$	54,157	$	188,886	$	159,207
Net income attributable to non-controlling interest		1,181		—		—
Diluted net income attributable to common stockholders	$	55,338	$	188,886	$	159,207
DENOMINATOR
Basic:
Weighted average common shares outstanding		119,559		119,028		118,544
Diluted:
Weighted average common shares outstanding		119,559		119,028		118,544
Effect of dilutive securities:
Stock options		—	22		111
Restricted stock-based awards	28		114		61
Non-controlling interest - Operating Partnership Units		1,342		—		—
Weighted average shares and assumed conversions		120,929		119,164		118,716
BASIC EARNINGS PER SHARE	$	0.45	$	1.59	$	1.34
DILUTED EARNINGS PER SHARE	$	0.45	$	1.59	$	1.34

Approximately 502,000, 486,000, and 317,000 stock options were excluded from the computations of diluted earnings per share for the years ended December 31, 2020, 2019, and 2018, respectively, because they were anti-dilutive.

COMMITMENTS AND CONTINGENCIES

12 Months Ended

Dec. 31, 2020

COMMITMENTS AND CONTINGENCIES

16.	COMMITMENTS AND CONTINGENCIES

Legal Proceedings

The nature of CoreCivic's business results in claims and litigation alleging that it is liable for damages arising from the conduct of its employees, offenders or others. The nature of such claims includes, but is not limited to, claims arising from employee or offender misconduct, medical malpractice, employment matters, property loss, contractual claims, including claims regarding compliance with contract performance requirements, and personal injury or other damages resulting from contact with CoreCivic's facilities, personnel or offenders, including damages arising from an offender's escape or from a disturbance at a facility. CoreCivic maintains insurance to cover many of these claims, which may mitigate the risk that any single claim would have a material effect on CoreCivic's consolidated financial position, results of operations, or cash flows, provided the claim is one for which coverage is available. The combination of self-insured retentions and deductible amounts means that, in the aggregate, CoreCivic is subject to substantial self-insurance risk.

Based upon management's review of the potential claims and outstanding litigation, and based upon management's experience and history of estimating losses, and taking into consideration CoreCivic's self-insured retention amounts, management believes a loss in excess of amounts already recognized would not be material to CoreCivic's financial statements. Adversarial proceedings and litigation are, however, subject to inherent uncertainties, and unfavorable decisions and rulings resulting from legal proceedings could occur which could have a material impact on CoreCivic's consolidated financial position, results of operations, or cash flows for the period in which such decisions or rulings occur, or future periods. Expenses associated with legal proceedings may also fluctuate from quarter to quarter based on changes in CoreCivic's assumptions, new developments, or by the effectiveness of CoreCivic's litigation and settlement strategies.

CoreCivic records a liability in the consolidated financial statements for loss contingencies when a loss is known or considered probable, and the amount can be reasonably estimated. If the reasonable estimate of a known or probable loss is a range, and no amount within the range is a better estimate than any other, the minimum amount of the range is accrued. If a loss is reasonably possible but not known or probable, and can be reasonably estimated, the estimated loss or range of loss is disclosed. When determining the estimated loss or range of loss, significant judgment is required to estimate the amount and timing of a loss to be recorded. Any receivable for insurance recoveries is recorded separately from the corresponding litigation reserve, and only if recovery is determined to be probable and the amount of payment can be determined. CoreCivic does not accrue for anticipated legal fees and costs but expenses those items as incurred.

CoreCivic was named as a defendant in the lawsuits detailed below. Due to the stage of these proceedings, the Company cannot reasonably predict the outcome, nor can it estimate the amount of loss or range of loss, if any, that may result. As a result, the Company has not recorded an accrual relating to these matters at this time, as losses are not considered probable or reasonably estimable at this stage of these lawsuits.

ICE Detainee Labor and Related Matters.

On May 31, 2017, two former ICE detainees, who were detained at the Company's Otay Mesa Detention Center (“OMDC”) in San Diego, California, filed a class action lawsuit against the Company in the United States District Court for the Southern District of California. The complaint alleged that the Company forces detainees to perform labor under threat of punishment in violation of state and federal anti-trafficking laws and that OMDC’s Voluntary Work Program (“VWP”) violates state labor laws including state minimum wage law. ICE requires that CoreCivic offer and operate the VWP in conformance with ICE standards and ICE prescribes the minimum rate of pay for VWP participants. The Plaintiffs seek compensatory damages, exemplary damages, restitution, penalties, and interest as well as declaratory and injunctive relief on behalf of former and current detainees. On April 1, 2020, the district court certified a nationwide anti-trafficking claims class of former and current detainees at all CoreCivic ICE detention facilities. It also certified a state law class of former and current detainees at the Company’s ICE detention facilities in California. The court did not certify any claims for injunctive or declaratory relief. Since this case was initially filed, four similar lawsuits have been filed in other courts in California, Texas, Maryland and Georgia. The Company disputes these allegations and intends to take all necessary steps to vigorously defend itself against all claims.

Shareholder Litigation.

In a memorandum to the BOP dated August 18, 2016, the Department of Justice ("DOJ") directed that, as each contract with privately operated prisons reaches the end of its term, the BOP should either decline to renew that contract or substantially reduce its scope in a manner consistent with law and the overall decline of the BOP's inmate population. In addition to the decline in the BOP's inmate population, the DOJ memorandum cites purported operational, programming, and cost efficiency factors as reasons for the DOJ directive. On February 21, 2017, the newly appointed U.S. Attorney General issued a memorandum rescinding the DOJ's prior directive stating the memorandum changed long-standing policy and practice and impaired the BOP's ability to meet the future needs of the federal correctional system.

Following the release of the August 18, 2016 DOJ memorandum, a purported securities class action lawsuit was filed on August 23, 2016 against the Company and certain of its current and former officers in the United States District Court for the Middle District of Tennessee (the "District Court"), captioned Grae v. Corrections Corporation of America et al., Case No. 3:16-cv-02267. The lawsuit is brought on behalf of a putative class of shareholders who purchased or acquired the Company's securities between February 27, 2012 and August 17, 2016. The Plaintiffs seek compensatory damages and costs incurred in connection with the lawsuit. In general, the lawsuit alleges that, during this timeframe, the Company's public statements were false and/or misleading regarding the purported operational, programming, and cost efficiency factors cited in the DOJ memorandum and, as a result, the Company's stock price was artificially inflated. The lawsuit alleges that the publication of the DOJ memorandum on August 18, 2016 revealed the alleged fraud, causing the per share price of the Company's stock to decline, thereby causing harm to the putative class of shareholders.

On December 18, 2017, the District Court denied the Company's motion to dismiss. On March 26, 2019, the District Court certified the class proposed by the plaintiff. The United States Court of Appeals for the Sixth Circuit denied the Company's appeal of the class certification order on August 23, 2019. A trial before United States District Judge Aleta Trauger is scheduled for May 2021 in the Middle District of Tennessee. CoreCivic believes the lawsuit is entirely without merit and intends to vigorously defend against it.

Insurance Contingencies

Each of CoreCivic's management contracts and the statutes of certain states require the maintenance of insurance. CoreCivic maintains various insurance policies including employee health, workers' compensation, automobile liability, and general liability insurance. These policies are fixed premium policies with various deductible amounts that are self-funded by CoreCivic. Reserves are provided for estimated incurred claims for which it is probable that a loss has been incurred and the range of such loss can be estimated.

Retirement Plan

All employees of CoreCivic are eligible to participate in the CoreCivic 401(k) Savings and Retirement Plan (the "Plan") upon reaching age 18 and completing six months of qualified service. Eligible employees may contribute up to 90% of their eligible compensation, subject to IRS limitations. For the years ended December 31, 2020, 2019, and 2018, CoreCivic provided a discretionary matching contribution equal to 100% of the employee's contributions up to 5% of the employee's eligible compensation to employees with at least 500 hours of employment in the plan year. Employer matching contributions paid into the Plan each pay period vest immediately pursuant to safe harbor provisions adopted by the Plan. During 2020, 2019, and 2018, CoreCivic's discretionary contributions to the Plan were $15.0 million, $14.2 million, and $13.2 million, respectively.

Deferred Compensation Plans

CoreCivic provides two non-qualified deferred compensation plans (the "Deferred Compensation Plans") for non-employee directors and for certain senior executives. The Deferred Compensation Plans are unfunded plans maintained for the purpose of providing CoreCivic's directors and certain of its senior executives the opportunity to defer a portion of their compensation. Under the terms of the Deferred Compensation Plans, certain senior executives may elect to contribute on a pre-tax basis up to 50% of their base salary and up to 100% of their cash bonus, and non-employee directors may elect to contribute on a pre-tax basis up to 100% of their director retainer and meeting fees. During the years ended December 31, 2020, 2019, and 2018, CoreCivic matched 100% of employee contributions up to 5% of total cash compensation. CoreCivic also contributes a fixed rate of return on balances in the Deferred Compensation Plans, determined at the beginning of each plan year. Matching contributions and investment earnings thereon become vested 20% after two years of service, 40% after three years of service, 80% after four years of service, and 100% after five or more years of service. Distributions are generally payable no earlier than five years subsequent to the date an individual becomes a participant in the Plan, or upon termination of employment (or the date a director ceases to serve as a director of CoreCivic), at the election of the participant. Distributions to senior executives must commence on or before the later of 60 days after the participant's separation from service or the fifteenth day of the month following the month the individual attains age 65.

During 2020, 2019, and 2018, CoreCivic provided a fixed return of 5.0% in each year to participants in the Deferred Compensation Plans. CoreCivic has purchased life insurance policies on the lives of certain employees of CoreCivic, which are intended to fund distributions from the Deferred Compensation Plans. CoreCivic is the sole beneficiary of such policies. At the inception of the Deferred Compensation Plans, CoreCivic established an irrevocable Rabbi Trust to secure the plans' obligations. However, assets in the Deferred Compensation Plans are subject to creditor claims in the event of bankruptcy. During 2020, 2019, and 2018, CoreCivic recorded $0.3 million, $0.2 million, and $0.3 million, respectively, of matching contributions as general and administrative expense associated with the Deferred Compensation Plans. Assets in the Rabbi Trust were $14.9 million and $14.4 million as of December 31, 2020 and 2019, respectively, and were reflected in other assets on the accompanying consolidated balance sheets. As of December 31, 2020 and 2019, CoreCivic's liability related to the Deferred Compensation Plans was $12.5 million and $12.9 million, respectively, which was reflected in accounts payable and accrued expenses and other liabilities on the accompanying consolidated balance sheets.

Employment and Severance Agreements

CoreCivic currently has employment agreements with several of its executive officers, which provide for the payment of certain severance amounts upon termination of employment under certain circumstances or a change of control, as defined in the agreements.

SEGMENT REPORTING

12 Months Ended

Dec. 31, 2020

SEGMENT REPORTING

17.	SEGMENT REPORTING

As of December 31, 2020, CoreCivic operated 47 correctional and detention facilities, 42 of which the Company owned. In addition, CoreCivic owned and operated 27 residential reentry centers and owned 15 properties for lease to third parties. Management views CoreCivic's operating results in three operating segments, CoreCivic Safety, CoreCivic Community, and CoreCivic Properties. CoreCivic Safety includes the operating results of those correctional and detention facilities placed into service that were owned, or controlled via a long-term lease, and managed by CoreCivic, as well as those correctional and detention facilities owned by a third party and managed by CoreCivic. CoreCivic Safety also includes the operating results of TransCor America, LLC, a subsidiary of the Company that provides transportation services to governmental agencies. CoreCivic Community includes the operating results of those residential reentry centers placed into service that were owned, or controlled via a long-term lease, and managed by CoreCivic. CoreCivic Community also includes the operating results of the Company's electronic monitoring and case management services. CoreCivic Properties includes the operating results of those properties leased to third parties. The operating performance of the three segments can be measured based on their net operating income. CoreCivic defines facility net operating income as a facility's revenues less operating expenses.

The revenue and net operating income for each of the three segments and a reconciliation to CoreCivic's operating income is as follows for the three years ended December 31, 2020, 2019, and 2018 (in thousands):

	For the Years Ended December 31,
	2020			2019			2018
Revenue:
Safety	$	1,706,232		$	1,779,958		$	1,675,998
Community		105,990			123,265			101,841
Properties		93,098			77,307			57,899
Total segment revenue		1,905,320			1,980,530			1,835,738
Operating expenses:
Safety		1,288,938			1,304,121			1,222,418
Community		88,903			95,159			76,898
Properties		28,128			22,803			15,420
Total segment operating expenses		1,405,969			1,422,083			1,314,736
Facility net operating income:
Safety		417,294			475,837			453,580
Community		17,087			28,106			24,943
Properties		64,970			54,504			42,479
Total facility net operating income		499,351			558,447			521,002
Other revenue (expense):
Other revenue		165			159			28
Other operating expense		(407	)		(686	)		(514	)
General and administrative		(124,338	)		(127,078	)		(106,865	)
Depreciation and amortization		(150,861	)		(144,572	)		(156,501	)
Contingent consideration for acquisition of businesses		(620	)		—			(6,085	)
Asset impairments		(60,628	)		(4,706	)		(1,580	)
Operating income	$	162,662		$	281,564		$	249,485

The following table summarizes capital expenditures including accrued amounts for the years ended December 31, 2020, 2019, and 2018 (in thousands):

	For the Years Ended December 31,
	2020		2019		2018
Capital expenditures:
Safety	$	42,577	$	77,662	$	94,559
Community		2,548		5,859		15,689
Properties		107,487		95,109		365,628
Corporate and other		6,877		12,111		11,260
Total capital expenditures	$	159,489	$	190,741	$	487,136

The total assets are as follows (in thousands):

	December 31,
	2020		2019
Assets:
Safety	$	2,589,622	$	2,606,127
Community		234,475		275,882
Properties		676,374		682,249
Corporate and other		208,844		227,373
Total assets	$	3,709,315	$	3,791,631

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

Reference 1: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8924-108599

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 34
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8981-108599

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 40
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9031-108599

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (e)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 26
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8844-108599

Reference 8: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 11: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 42
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9054-108599

Reference 12: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 15
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8657-108599

Reference 13: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8721-108599

Reference 14: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-URI http://asc.fasb.org/topic&trid=2134510

+ Details

SUBSEQUENT EVENTS

12 Months Ended

Dec. 31, 2020

SUBSEQUENT EVENTS

18.	SUBSEQUENT EVENTS

During February 2021, CoreCivic issued approximately 2.0 million RSUs to certain of CoreCivic's employees and non-employee directors, with an aggregate value of $15.4 million. Unless earlier vested under the terms of the RSU agreement, approximately 1.0 million RSUs were issued to officers and executive officers which vest evenly on the first, second, and third anniversary of the award. CoreCivic expects to issue additional RSUs before the end of the second quarter of 2021, which will be subject to vesting over a three-year period based upon satisfaction of certain annual performance criteria for the fiscal years ending December 31, 2021, 2022, and 2023, and which can be increased or decreased based on performance relative to the annual performance criteria, and further increased or decreased based on total shareholder return relative to a peer group. Approximately 0.8 million RSUs issued to other employees vest evenly on the first, second, and third anniversary of the award. Approximately 0.2 million RSUs issued to non-employee directors vest on the first anniversary of the award. Any RSUs that become vested will be settled in shares of CoreCivic's common stock.

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

12 Months Ended

Dec. 31, 2020

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

CORECIVIC, INC. AND SUBSIDIARIES

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2020

(in thousands)

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)			Accumulated Depreciation (B)			Date Constructed/ Acquired
Adams County Correctional Center	Adams County, Mississippi	$	874	$	119,565	$	3,827	$	1,092	$	123,174	$	124,266		$	(30,364	)	2008
Adams Transitional Center	Denver, Colorado		6,090		853		340		6,090		1,193		7,283			(134	)	2017
Arapahoe Community Treatment Center	Englewood, Colorado		3,760		1,239		709		3,760		1,948		5,708			(260	)	2017
Augusta Transitional Center	Augusta, Georgia		1,281		2,674		80		1,281		2,754		4,035			(238	)	2017
Austin Residential Reentry Center	Del Valle, Texas		4,190		1,058		371		4,201		1,418		5,619			(370	)	2015
Austin Transitional Center	Del Valle, Texas		19,488		4,607		983		19,500		5,578		25,078			(1,238	)	2015
Bent County Correctional Facility	Las Animas, Colorado		550		13,115		68,425		1,587		80,503		82,090			(29,674	)	1992
Bridgeport Pre-Parole Transfer Facility	Bridgeport, Texas		70		291		—		70		—		70	(E)		-		1995
Broad Street Residential Reentry Center	Philadelphia, Pennsylvania		663		2,700		197		663		2,897		3,560			(426	)	2015
CAI Boston Avenue	San Diego, California		800		11,440		1,244		845		12,639		13,484			(3,251	)	2013
California City Correctional Center	California City, California		1,785		125,337		15,581		2,409		140,294		142,703			(58,301	)	1999
Capital Commerce Center (C)	Tallahassee, Florida		2,255		38,362		636		2,262		38,991		41,253			(2,891	)	2018
Centennial Community Transition Center	Englewood, Colorado		4,905		1,256		390		5,021		1,530		6,551			(284	)	2016
Central Arizona Florence Correctional Complex	Florence, Arizona		1,298		133,531		51,793		4,395		182,227		186,622			(81,229	)	1994/1999
Cheyenne Transitional Center	Cheyenne, Wyoming		5,567		2,092		874		5,567		2,966		8,533			(635	)	2015

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)		Accumulated Depreciation (B)			Date Constructed/ Acquired
Cibola County Corrections Center	Milan, New Mexico		444		16,215		33,148		1,368		48,439		49,807		(22,763	)	1994
Cimarron Correctional Facility	Cushing, Oklahoma		250		71,303		46,023		776		116,800		117,576		(44,872	)	1997
Coffee Correctional Facility (D)	Nicholls, Georgia		—		—		—		—		—		—		—		1998
Columbine Facility	Denver, Colorado		1,414		488		230		1,438		694		2,132		(148	)	2016
Commerce Transitional Center	Commerce City, Colorado		5,166		1,758		235		5,166		1,993		7,159		(225	)	2017
Corpus Christi Transitional Center	Corpus Christi, Texas		—		1,886		530		5		2,411		2,416		(1,257	)	2015
Crossroads Correctional Center	Shelby, Montana		413		33,196		44,128		1,614		76,123		77,737		(43,477	)	1999
Crowley County Correctional Facility	Olney Springs, Colorado		211		46,845		31,191		2,680		75,567		78,247		(29,512	)	2003
Dahlia Facility	Denver, Colorado		6,788		727		292		6,835		972		7,807		(211	)	2016
Dallas Transitional Center	Hutchins, Texas		—		3,852		1,732		1		5,583		5,584		(1,658	)	2015
Davis Correctional Facility	Holdenville, Oklahoma		250		66,701		42,551		1,209		108,293		109,502		(41,793	)	1996
Diamondback Correctional Facility	Watonga, Oklahoma		208		41,677		26,053		1,361		66,577		67,938		(29,591	)	1998
Eden Detention Center	Eden, Texas		925		27,645		34,926		5,552		57,944		63,496		(27,355	)	1995
El Paso Multi-Use Facility	El Paso, Texas		14,936		4,536		1,607		14,965		6,114		21,079		(1,324	)	2015
El Paso Transitional Center	El Paso, Texas		10,325		4,198		842		10,389		4,976		15,365		(1,075	)	2015
Eloy Detention Center	Eloy, Arizona		498		33,308		18,148		2,296		49,658		51,954		(25,657	)	1995

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)		Accumulated Depreciation (B)			Date Constructed/ Acquired
Fort Worth Transitional Center	Fort Worth, Texas		3,251		334		301		3,266		620		3,886		(576	)	2015
Fox Facility and Training Center	Denver, Colorado		3,038		1,203		727		3,180		1,788		4,968		(379	)	2016
Houston Processing Center	Houston, Texas		2,250		53,373		41,100		3,587		93,136		96,723		(42,273	)	1984
Huerfano County Correctional Center	Walsenburg, Colorado		124		26,358		5,053		1,116		30,419		31,535		(15,640	)	1997
James River Residential Center	Newport News, Virginia		800		501		24		804		521		1,325		(14	)	2019
Jenkins Correctional Center (D)	Millen, Georgia		—		—		—		—		—		—		—		2012
Kit Carson Correctional Center	Burlington, Colorado		432		35,978		44,462		1,051		79,821		80,872		(28,115	)	1998
La Palma Correctional Center	Eloy, Arizona		283		183,155		13,895		486		196,847		197,333		(53,313	)	2008
Lake Erie Correctional Institution	Conneaut, Ohio		2,871		69,779		6,376		4,031		74,995		79,026		(15,528	)	2011
Laredo Processing Center	Laredo, Texas		788		26,737		3,657		986		30,196		31,182		(13,988	)	1985
Leavenworth Detention Center	Leavenworth, Kansas		130		44,970		45,397		765		89,732		90,497		(34,899	)	1992
Lee Adjustment Center	Beattyville, Kentucky		500		515		18,349		1,277		18,087		19,364		(9,083	)	1998
Leo Chesney Correctional Center	Live Oak, California		250		4,774		1,622		265		6,381		6,646		(3,573	)	1989
Long Beach Community Corrections Center	Long Beach, California		5,038		2,413		—		5,038		2,413		7,451		(277	)	2016

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)			Accumulated Depreciation (B)			Date Constructed/ Acquired
Longmont Community Treatment Center	Longmont, Colorado		3,364		582		125		3,363		708		4,071			(130	)	2016
Marion Adjustment Center	St. Mary, Kentucky		250		9,994		8,891		925		18,210		19,135			(8,088	)	1998
McRae Correctional Facility	McRae, Georgia		462		60,396		20,689		1,099		80,448		81,547			(26,795	)	2000
MDHHS-Detroit	Detroit, Michigan		830		5,739		113		943		5,739		6,682			(278	)	2019
Mineral Wells Pre-Parole Transfer Facility	Mineral Wells, Texas		176		22,589		—		100		—		100	(E)		-		1995
NARA-Dayton (C)	Dayton, Ohio		548		6,439		817		597		7,207		7,804			(486	)	2018
Nevada Southern Detention Center	Pahrump, Nevada		7,548		64,362		10,287		8,421		73,776		82,197			(18,592	)	2010
North Fork Correctional Facility	Sayre, Oklahoma		—		42,166		63,253		664		104,755		105,419			(38,791	)	1998
Northeast Ohio Correctional Center	Youngstown, Ohio		750		39,583		14,158		1,901		52,590		54,491			(24,517	)	1997
Northwest New Mexico Correctional Center	Grants, New Mexico		142		15,888		19,930		879		35,081		35,960			(17,552	)	1989
Oklahoma City Transitional Center	Oklahoma City, Oklahoma		1,114		2,626		1,654		1,144		4,250		5,394			(609	)	2017
Oklahoma Reentry Opportunity Center	Oklahoma City, Oklahoma		8,562		4,631		1,198		8,599		5,792		14,391			(1,294	)	2015
Otay Mesa Detention Center	San Diego, California		28,845		114,411		47,512		37,114		153,654		190,768			(14,867	)	2015/2019
Prairie Correctional Facility	Appleton, Minnesota		100		22,306		10,520		1,068		31,858		32,926			(18,281	)	1991
Recovery Monitoring Solutions	Dallas, Texas		1,152		1,979		687		1,280		2,538		3,818			(305	)	2018
Red Rock Correctional Center (D)	Eloy, Arizona		—		—		—		—		—		—			—		2006

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)			Accumulated Depreciation (B)			Date Constructed/ Acquired
Roth Hall Residential Reentry Center	Philadelphia, Pennsylvania		654		2,693		—		654		2,693		3,347			(365	)	2015
Saguaro Correctional Facility	Eloy, Arizona		193		98,903		2,418		486		101,028		101,514			(27,711	)	2007
South Raleigh Reentry Center	Raleigh, North Carolina		277		663		26		277		689		966			(33	)	2019
Southeast Kentucky Correctional Facility	Wheelwright, Kentucky		500		24,487		12,489		1,630		35,846		37,476			(17,278	)	1998
SSA-Baltimore (C)	Baltimore, Maryland		27,987		179,424		—		29,717		177,694		207,411			(11,841	)	2018
SSA-Florissant	St Louis, Missouri		245		553		19		245		572		817			(31	)	2018
Stewart Detention Center	Lumpkin, Georgia		143		70,560		22,400		1,629		91,474		93,103			(31,069	)	2004
Stockton Female Community Corrections Facility	Stockton, California		692		788		—		692		788		1,480			(77	)	2017
T. Don Hutto Residential Center	Taylor, Texas		183		13,418		5,469		627		18,443		19,070			(9,232	)	1997
Tallahatchie County Correctional Facility	Tutwiler, Mississippi		—		44,638		107,561		1,650		150,549		152,199			(55,829	)	2000
Torrance County Detention Facility	Estancia, New Mexico		511		52,599		8,733		1,842		60,001		61,843			(29,185	)	1990
Trousdale Turner Correctional Center	Hartsville, Tennessee		649		135,412		5,356		1,871		139,546		141,417			(14,497	)	2015
Tulsa Transitional Center	Tulsa, Oklahoma		8,206		4,061		658		606		2,766		3,372	(E)		(948	)	2015

		Initial Cost to Company						Gross Amount at Which Carried at Close of Period
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)		Accumulated Depreciation (B)			Date Constructed/ Acquired
Turley Residential Center	Tulsa, Oklahoma		421		4,105		956		421		5,061		5,482		(1,149	)	2015
Ulster Facility	Denver, Colorado		4,068		441		212		4,126		595		4,721		(130	)	2016
Walker Hall Residential Reentry Center	Philadelphia, Pennsylvania		654		2,692		2		654		2,694		3,348		(366	)	2015
Webb County Detention Center	Laredo, Texas		498		20,161		6,514		2,206		24,967		27,173		(13,241	)	1998
West Tennessee Detention Facility	Mason, Tennessee		538		31,931		7,746		2,174		38,041		40,215		(19,374	)	1990
Wheeler Correctional Facility (D)	Alamo, Georgia		—		—		—		—		—		—		—		1998
Whiteville Correctional Facility	Whiteville, Tennessee		303		51,694		8,162		1,671		58,488		60,159		(27,751	)	1998
Totals		$	215,724	$	2,415,459	$	996,604	$	261,525	$	3,333,753	$	3,595,278	$	(1,128,563	)

NOTES TO SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

(A)	The aggregate cost of properties for federal income tax purposes is approximately $4.0 billion at December 31, 2020.

(B)	Depreciation is calculated using estimated useful lives of depreciable assets up to 50 years for prison facilities.

(C)	Held for Sale.

(D)	CoreCivic retains title to this asset, which is classified under other real estate assets on the Company's consolidated balance sheets in accordance with ASC 853.

(E)

CoreCivic recorded non-cash impairments during the fourth quarter of 2014 to write down the book value of the Mineral Wells facility, during the third quarter of 2017 to write down the book value of the Bridgeport facility, and during the second quarter of 2020 to write down the book value of the Tulsa Transitional Center to the estimated fair values assuming uses other than correctional or residential reentry facilities.

CORECIVIC, INC. AND SUBSIDIARIES

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

FOR THE YEARS ENDED DECEMBER 31, 2020, 2019, AND 2018

(in thousands)

	For the Years Ended December 31,
	2020			2019			2018
Investment in Real Estate:
Balance at beginning of period	$	3,605,137		$	3,697,160		$	3,367,358
Additions through capital expenditures		29,142			64,423			26,547
Acquisitions		82,324			8,809			269,271
Asset impairments		(10,154	)		(4,040	)		—
Reclassifications and other		(111,171	)		(161,215	)		33,984
Balance at end of period	$	3,595,278		$	3,605,137		$	3,697,160
Accumulated Depreciation:
Balance at beginning of period	$	(1,053,670	)	$	(1,075,389	)	$	(976,121	)
Depreciation		(89,008	)		(87,492	)		(99,361	)
Disposals/Other		14,115			109,211			93
Balance at end of period	$	(1,128,563	)	$	(1,053,670	)	$	(1,075,389	)

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)

12 Months Ended

Dec. 31, 2020

Basis of Presentation

Certain reclassifications have been made to the consolidated statement of operations and the consolidated statement of cash flows in 2019 to conform to the current year presentation.

Cash and Cash Equivalents

CoreCivic considers all liquid deposits and investments with a maturity of three months or less at the time of purchase to be cash equivalents.

Restricted Cash

Accounts Receivable and Credit Loss Reserve

Property and Equipment

Land improvements	5 – 20 years
Buildings and improvements	5 – 50 years
Equipment and software	3 – 10 years
Office furniture and fixtures	5 years

Other Real Estate Assets

Accounting for the Impairment of Long-Lived Assets Other Than Goodwill

Goodwill

Goodwill represents the cost in excess of the net assets of businesses acquired. As further discussed in Note 3, goodwill is tested for impairment at least annually using a fair-value based approach.

Investment in Affiliates

Debt Issuance Costs

Revenue Recognition

Self-Funded Insurance and Litigation Reserves

Income Taxes

Foreign Currency Transactions

Fair Value of Financial Instruments

	December 31,
	2020						2019
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Note receivable from APM	$	3,094		$	3,896		$	2,989		$	3,949
Debt	$	(1,809,517	)	$	(1,774,016	)	$	(1,986,865	)	$	(1,964,366	)

Use of Estimates in Preparation of Financial Statements

Concentration of Credit Risks

Accounting for Stock-Based Compensation

Leases

Recent Accounting Pronouncements

SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

12 Months Ended

Dec. 31, 2020

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, 2020 and 2019, 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,
	2020						2019
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Note receivable from APM	$	3,094		$	3,896		$	2,989		$	3,949
Debt	$	(1,809,517	)	$	(1,774,016	)	$	(1,986,865	)	$	(1,964,366	)

REAL ESTATE AND RELATED ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

Property and Equipment

Property and equipment, at cost, consists of the following (in thousands):

	December 31,
	2020			2019
Land and improvements	$	253,289		$	295,214
Buildings and improvements		3,171,307			3,411,583
Equipment and software		420,894			435,628
Office furniture and fixtures		37,704			38,278
Construction in progress		26,466			29,521
		3,909,660			4,210,224
Less: Accumulated depreciation		(1,559,388	)		(1,510,117	)
	$	2,350,272		$	2,700,107

LEASES (Tables)

12 Months Ended

Dec. 31, 2020

Lessee Lease Description [Line Items]

Schedule of Future Minimum Lease Payments

2021	$	33,220
2022		32,476
2023		32,068
2024		31,994
2025		31,967
Thereafter		39,290
Total future minimum lease payments		201,015
Less amount representing interest		(34,600	)
Total present value of minimum lease payments	$	166,415

Schedule of Future Undiscounted Cash Flows to be Received from Third-Party Lessees for Company's Operating Leases and Finance Leases

Future undiscounted cash flows to be received from third-party lessees as of December 31, 2020 for the Company's operating and finance leases, including those associated with the three properties held for sale at December 31, 2020, as further described in Note 6, are as follows (in thousands)

2021	$	85,783
2022		80,306
2023		80,734
2024		81,235
2025		81,262
Thereafter		588,364

REAL ESTATE TRANSACTIONS (Tables)

12 Months Ended

Dec. 31, 2020

Summary of Idled Facilities and Respective Carrying Values

The following table summarizes each of the idled facilities and their respective carrying values, excluding equipment and other assets that could generally be transferred and used at other facilities CoreCivic owns without significant cost (dollars in thousands):

	Net Carrying Values at December 31,
Facility	2020		2019
Prairie Correctional Facility	$	14,646	$	14,863
Huerfano County Correctional Center		15,895		16,266
Diamondback Correctional Facility		38,346		39,729
Marion Adjustment Center		11,047		11,351
Kit Carson Correctional Center		52,757		54,041
	$	132,691	$	136,250

BUSINESS COMBINATIONS (Tables)

12 Months Ended

Dec. 31, 2020

Rocky Mountain Offender Management Systems LLC and Recovery Monitoring Solutions Corporation

Business Combination Purchase Price Allocation

In allocating the purchase price for the two transactions in 2018, CoreCivic recorded the following (in millions):

Property and equipment	$	6.1
Intangible assets		12.4
Tangible assets and liabilities, net		(2.8	)
Total identifiable assets, net		15.7
Goodwill		7.2
Total consideration	$	22.9

Rehabilitation Services Inc

Business Combination Purchase Price Allocation

In allocating the purchase price for the acquisition of certain assets of RSI in 2019, CoreCivic recorded the following (in millions):

Property and equipment	$	1.3
Intangible assets		0.7
Total identifiable assets		2.0
Goodwill		2.4
Total consideration	$	4.4

OTHER ASSETS (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Other Assets

Other assets consist of the following (in thousands):

	December 31,
	2020		2019
Intangible assets:
Deferred leasing assets, less accumulated amortization of $1,132 and $5,647, respectively	$	146	$	41,129
Other intangible assets, less accumulated amortization of $9,219 and $8,182, respectively		10,720		14,517
Construction receivable - Kansas lease		—		137,665
Financing receivable - Kansas lease		147,481		—
ROU lease assets		194,080		108,118
Lease incentive assets		4,813		5,454
Debt issuance costs, less accumulated amortization of $2,332 and $1,475, respectively		1,855		2,628
Cash equivalents and cash surrender value of life insurance held in Rabbi trust		14,940		14,448
Straight-line rent receivable		2,196		7,836
Insurance receivable		14,353		13,179
Other		6,079		5,933
	$	396,663	$	350,907

Estimated Amortization Expense Related to Intangible Assets

2021	$	4,853
2022		4,253
2023		3,308
2024		3,272
2025		3,268

ACCOUNTS PAYABLE, ACCRUED EXPENSES AND OTHER LONG-TERM LIABILITIES (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Accounts Payable and Accrued Expenses

Accounts payable and accrued expenses consist of the following (in thousands):

	December 31,
	2020		2019
Trade accounts payable	$	85,359	$	75,152
Accrued salaries and wages		43,564		51,845
Accrued dividends		3,148		54,843
Accrued workers' compensation and auto liability		7,379		7,062
Accrued litigation		5,861		14,134
Accrued employee medical insurance		7,035		6,110
Accrued property taxes		27,780		27,900
Accrued interest		9,516		10,142
ROU lease liability		21,646		26,914
Deferred revenue		8,693		15,387
Construction payable		1,821		7,504
Lease obligation		4,400		8,603
Deferred employer payroll taxes		14,795		—
Other		33,321		31,866
	$	274,318	$	337,462

Other Long Term Liabilities

Other long-term liabilities consist of the following (in thousands):

	December 31,
	2020		2019
Intangible contract liability	$	5,030	$	5,417
Accrued workers' compensation		31,868		28,769
Accrued deferred compensation		11,802		10,919
Lease financing obligation		7,508		7,634
ROU lease liability		144,769		51,247
Deferred employer payroll taxes		14,795		—
Other		696		1,593
	$	216,468	$	105,579

DEBT (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Debt Outstanding

Debt outstanding consists of the following (in thousands):

	December 31,
	2020			2019
Revolving Credit Facility maturing April 2023. Interest payable periodically at variable interest rates. The weighted average rate at December 31, 2020 and 2019 was 1.7% and 3.3%, respectively.	$	219,000		$	365,000
Term Loan A maturing April 2023. Interest payable periodically at variable interest rates. The rate at December 31, 2020 and 2019 was 1.6% and 3.3%, respectively. Unamortized debt issuance costs amounted to $0.1 million at both December 31, 2020 and 2019.		180,000			190,000
Term Loan B maturing December 2024. Interest payable periodically at variable interest rates. The rate at December 31, 2020 and 2019 was 5.5% and 6.3%, respectively. Unamortized debt issuance costs amounted to $4.1 million and $4.6 million at December 31, 2020 and 2019, respectively.		237,500			250,000
4.625% Senior Notes maturing May 2023. Unamortized debt issuance costs amounted to $1.5 million and $2.1 million at December 31, 2020 and 2019, respectively.		350,000			350,000
5.0% Senior Notes maturing October 2022. Unamortized debt issuance costs amounted to $0.8 million and $1.3 million at December 31, 2020 and 2019, respectively.		250,000			250,000
4.75% Senior Notes maturing October 2027. Unamortized debt issuance costs amounted to $2.7 million and $3.1 million at December 31, 2020 and 2019, respectively.		250,000			250,000
4.5% Capital Commerce Center Non-Recourse Mortgage Note maturing January 2033. Unamortized debt issuance costs amounted to $0.3 million at both December 31, 2020 and 2019.		20,934			22,209
4.43% Lansing Correctional Center Non-Recourse Mortgage Note maturing January 2040. Unamortized debt issuance costs amounted to $3.1 million and $3.3 million at December 31, 2020 and 2019, respectively.		157,607			159,522
4.5% SSA- Baltimore Non-Recourse Mortgage Note maturing February 2034. Unamortized debt issuance costs amounted to $0.2 million at both December 31, 2020 and 2019.		144,476			150,134
Total debt		1,809,517			1,986,865
Unamortized debt issuance costs		(12,766	)		(14,993	)
Unamortized original issue discount		(10,000	)		(12,500	)
Current portion of long-term debt		(39,087	)		(31,349	)
Long-term debt, net	$	1,747,664		$	1,928,023

Schedule of Principal Payments

Scheduled principal payments as of December 31, 2020 for the next five years and thereafter were as follows (in thousands):

2021	$	39,087
2022		292,981
2023		758,110
2024		194,937
2025		14,556
Thereafter		509,846
Total debt	$	1,809,517

INCOME TAXES (Tables)

12 Months Ended

Dec. 31, 2020

Components of Income Tax Expense (Benefit)

Income tax expense (benefit) is comprised of the following components (in thousands):

	For the Years Ended December 31,
	2020			2019			2018
Current income tax expense (benefit)
Federal	$	(1,928	)	$	5,324		$	10,481
State		1,369			3,677			2,308
		(559	)		9,001			12,789
Deferred income tax expense (benefit)
Federal		3,878			(489	)		(3,422	)
State		1,067			(673	)		(1,014	)
		4,945			(1,162	)		(4,436	)
Income tax expense	$	4,386		$	7,839		$	8,353

Components of Deferred Tax Assets and Liabilities

Significant components of CoreCivic's deferred tax assets and liabilities as of December 31, 2020 and 2019, are as follows (in thousands):

	December 31,
	2020			2019
Noncurrent deferred tax assets:
Asset reserves and liabilities not yet deductible for tax	$	21,482		$	28,247
Tax over book basis of certain assets		1,001			1,451
Net operating loss and tax credit carryforwards		3,782			5,130
Intangible contract value		699			262
Other		68			103
Total noncurrent deferred tax assets		27,032			35,193
Less valuation allowance		(848	)		(3,865	)
Total noncurrent deferred tax assets		26,184			31,328
Noncurrent deferred tax liabilities:
Book over tax basis of certain assets		(11,305	)		(11,478	)
Intangible value		(2,149	)		(2,264	)
Other		(1,617	)		(1,528	)
Total noncurrent deferred tax liabilities		(15,071	)		(15,270	)
Net total noncurrent deferred tax assets	$	11,113		$	16,058

Reconciliation of Income Tax Provision at Statutory Income Tax Rate and Effective Tax Rate

	2020			2019			2018
Statutory federal rate		21.0	%		21.0	%		21.0	%
Dividends paid deduction		(24.9	)		(18.9	)		(18.6	)
State taxes, net of federal tax benefit		1.9			1.2			1.0
Permanent differences		2.2			1.2			1.0
Charges associated with adoption of tax reform		—			—			0.6
Deferred tax expense on Kansas lease structure		5.2			—			—
Tax benefit of equity-based compensation		1.1			0.1			0.5
Other items, net		0.8			(0.6	)		(0.5	)
		7.3	%		4.0	%		5.0	%

STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2020

Tax Characterization of Dividends per Share on Common Shares

The tax characterization of dividends per share on common shares as reported to stockholders was as follows for the years ended December 31, 2020, 2019, and 2018:

			Ordinary			Return of		Total
Declaration Date	Record Date	Payable Date	Income			Capital		Per Share
February 22, 2018	April 2, 2018	April 16, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
May 11, 2018	July 2, 2018	July 16, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
August 16, 2018	October 1, 2018	October 15, 2018		0.396671	⁽¹⁾		0.033329	$	0.43
December 13, 2018	January 2, 2019	January 15, 2019		0.374927	⁽²⁾		0.055073	$	0.43
February 21, 2019	April 1, 2019	April 15, 2019		0.383646	⁽³⁾		0.056354	$	0.44
May 16, 2019	July 1, 2019	July 16, 2019		0.383646	⁽³⁾		0.056354	$	0.44
August 15, 2019	October 1, 2019	October 15, 2019		0.383646	⁽³⁾		0.056354	$	0.44
December 12, 2019	January 6, 2020	January 15, 2020		0.440000	⁽⁴⁾		—	$	0.44
February 20, 2020	April 1, 2020	April 15, 2020		0.440000	⁽⁴⁾		—	$	0.44

⁽¹⁾$0.053074 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽²⁾$0.041413 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽³⁾$0.042774 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

⁽⁴⁾$0.040745 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

Summary of Nonvested Restricted Common Stock and RSU Transactions

Nonvested RSU transactions as of December 31, 2020 and for the year then ended are summarized below (in thousands, except per share amounts).

	Shares of RSUs			Weighted average grant date fair value
Nonvested at December 31, 2019		1,562		$	22.52
Granted		1,245		$	16.80
Cancelled		(47	)	$	19.42
Vested		(739	)	$	23.55
Nonvested at December 31, 2020		2,021		$	18.40

Summary of Stock Option Transactions Relating to Non-Qualified Stock Option Plans

Stock option transactions relating to CoreCivic's non-qualified stock option plans are summarized below (in thousands, except exercise prices):

	No. of options			Weighted- Average Exercise Price of options		Weighted- Average Remaining Contractual Term	Aggregate Intrinsic Value
Outstanding at December 31, 2019		644		$	20.91
Granted		—			—
Exercised		—			—
Cancelled		(172	)		17.58
Outstanding at December 31, 2020		472		$	22.13	0.9	$	—
Exercisable at December 31, 2020		472		$	22.13	0.9	$	—

EARNINGS PER SHARE (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Calculation of Numerator and Denominator in Earnings Per Share

	For the Years Ended December 31,
	2020		2019		2018
NUMERATOR
Basic:
Net income attributable to common stockholders	$	54,157	$	188,886	$	159,207
Diluted:
Net income attributable to common stockholders	$	54,157	$	188,886	$	159,207
Net income attributable to non-controlling interest		1,181		—		—
Diluted net income attributable to common stockholders	$	55,338	$	188,886	$	159,207
DENOMINATOR
Basic:
Weighted average common shares outstanding		119,559		119,028		118,544
Diluted:
Weighted average common shares outstanding		119,559		119,028		118,544
Effect of dilutive securities:
Stock options		—	22		111
Restricted stock-based awards	28		114		61
Non-controlling interest - Operating Partnership Units		1,342		—		—
Weighted average shares and assumed conversions		120,929		119,164		118,716
BASIC EARNINGS PER SHARE	$	0.45	$	1.59	$	1.34
DILUTED EARNINGS PER SHARE	$	0.45	$	1.59	$	1.34

SEGMENT REPORTING (Tables)

12 Months Ended

Dec. 31, 2020

Schedule of Revenue and Net Operating Income for Each of the Three Segments and a Reconciliation to CoreCivic's Operating Income

	For the Years Ended December 31,
	2020			2019			2018
Revenue:
Safety	$	1,706,232		$	1,779,958		$	1,675,998
Community		105,990			123,265			101,841
Properties		93,098			77,307			57,899
Total segment revenue		1,905,320			1,980,530			1,835,738
Operating expenses:
Safety		1,288,938			1,304,121			1,222,418
Community		88,903			95,159			76,898
Properties		28,128			22,803			15,420
Total segment operating expenses		1,405,969			1,422,083			1,314,736
Facility net operating income:
Safety		417,294			475,837			453,580
Community		17,087			28,106			24,943
Properties		64,970			54,504			42,479
Total facility net operating income		499,351			558,447			521,002
Other revenue (expense):
Other revenue		165			159			28
Other operating expense		(407	)		(686	)		(514	)
General and administrative		(124,338	)		(127,078	)		(106,865	)
Depreciation and amortization		(150,861	)		(144,572	)		(156,501	)
Contingent consideration for acquisition of businesses		(620	)		—			(6,085	)
Asset impairments		(60,628	)		(4,706	)		(1,580	)
Operating income	$	162,662		$	281,564		$	249,485

Summary of Capital Expenditures Including Accrued Amounts

The following table summarizes capital expenditures including accrued amounts for the years ended December 31, 2020, 2019, and 2018 (in thousands):

	For the Years Ended December 31,
	2020		2019		2018
Capital expenditures:
Safety	$	42,577	$	77,662	$	94,559
Community		2,548		5,859		15,689
Properties		107,487		95,109		365,628
Corporate and other		6,877		12,111		11,260
Total capital expenditures	$	159,489	$	190,741	$	487,136

Schedule of Total Assets

The total assets are as follows (in thousands):

	December 31,
	2020		2019
Assets:
Safety	$	2,589,622	$	2,606,127
Community		234,475		275,882
Properties		676,374		682,249
Corporate and other		208,844		227,373
Total assets	$	3,709,315	$	3,791,631

Organization and Operations - Additional Information (Detail) ft² in Millions	12 Months Ended
	Dec. 31, 2020 ft² Property Segment Facility Bed
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of Operating segments \| Segment	3
Number of properties for lease to third parties and used by government agencies \| Property	15
Minimum distribution percentage of taxable income to qualify for real estate investment trust	90.00%
CoreCivic Safety
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of facilities operated by the company	47
Number of facilities owned by the company	42
Number of beds at the facility \| Bed	70,000
CoreCivic Community
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of centers owned and operated by company	27
Number of beds at the center \| Bed	5,000
CoreCivic Properties
Organization Consolidation And Presentation Of Financial Statements [Line Items]
Number of properties for lease to third parties and used by government agencies \| Property	15
Number of square feet \| ft²	2.7

Summary of Significant Accounting Policies - Additional Information (Detail) $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($) Facility	Dec. 31, 2019 USD ($)	Dec. 31, 2018	Jan. 01, 2019 USD ($)
Organization And Operations [Line Items]
Restricted cash	$ 23,549	$ 26,973
Accounts receivable, net of credit loss reserve	267,705	280,785
Accounts receivable, credit loss reserve	$ 6,100	3,200
Number of facilities accounted for as service concession arrangements \| Facility	4
Equity method investment description	Investments in affiliates that are equal to or less than 50%-owned over which CoreCivic can exercise significant influence are accounted for using the equity method of accounting.
Percentage of likelihood required for a tax position to be measured	50.00%
ROU asset	$ 194,080	108,118
Lease liability	166,415
Net charge to accumulated deficit	$ (446,519)	(446,252)
Weighted average discount rate associated with the operating leases	6.20%
Accounting Standards Update 2016-02
Organization And Operations [Line Items]
ROU asset	$ 194,100	$ 108,100		$ 115,600
Lease liability				$ 82,900
Weighted average discount rate associated with the operating leases				5.30%
Revision of Prior Period Accounting Standards Update Adjustment \| Accounting Standards Update 2016-02
Organization And Operations [Line Items]
Net charge to accumulated deficit				$ 29,900
Revision of Prior Period Accounting Standards Update Adjustment \| Accounting Standards Update 2016-13
Organization And Operations [Line Items]
Net charge to accumulated deficit	$ 1,000
Government Contracts Concentration Risk \| Sales Revenue, Net \| Federal Correctional And Detention Authorities
Organization And Operations [Line Items]
Percentage of revenues generated from government management contracts	52.00%	51.00%	48.00%
Government Contracts Concentration Risk \| Sales Revenue, Net \| United States Immigration And Customs Enforcement
Organization And Operations [Line Items]
Percentage of revenues generated from government management contracts	28.00%	29.00%	25.00%
Government Contracts Concentration Risk \| Sales Revenue, Net \| United States Marshals Service
Organization And Operations [Line Items]
Percentage of revenues generated from government management contracts	21.00%	17.00%	17.00%
Government Contracts Concentration Risk \| Sales Revenue, Net \| Federal Bureau Of Prisons
Organization And Operations [Line Items]
Percentage of revenues generated from government management contracts	3.00%	5.00%	6.00%
Government Contracts Concentration Risk \| Sales Revenue, Net \| State Correctional Authorities
Organization And Operations [Line Items]
Percentage of revenues generated from government management contracts	33.00%	34.00%	39.00%
Minimum
Organization And Operations [Line Items]
Renewal of contract terms	2 years
Maximum
Organization And Operations [Line Items]
Renewal of contract terms	5 years
SSA Baltimore Property and Lansing Correctional Facility
Organization And Operations [Line Items]
Restricted cash	$ 10,300	$ 27,000
GRES
Organization And Operations [Line Items]
Restricted cash	$ 13,200

Schedule of Useful Life of Property and Equipment (Detail)	12 Months Ended
	Dec. 31, 2020
Land Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	5 years
Land Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	20 years
Building and Improvements \| Minimum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	5 years
Building and Improvements \| Maximum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	50 years
Equipment And Software \| Minimum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	3 years
Equipment And Software \| Maximum
Property, Plant and Equipment [Line Items]
Average number of useful life in years	10 years
Office Furniture and Fixtures
Property, Plant and Equipment [Line Items]
Average number of useful life in years	5 years

Schedule of Financial Instruments Having Difference Between Carrying Amount and Fair Value (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Basis Of Presentation And Summary Of Significant Accounting Policies [Line Items]
Note receivable from APM, Carrying Amount	$ 3,094	$ 2,989
Debt, Carrying Amount	(1,809,517)	(1,986,865)
Note receivable from APM, Fair Value	3,896	3,949
Debt, Fair Value	$ (1,774,016)	$ (1,964,366)

Goodwill - Additional Information (Detail)	3 Months Ended		12 Months Ended
Goodwill - Additional Information (Detail)	Dec. 31, 2020 USD ($) Bed	Jun. 30, 2020 USD ($)	Dec. 31, 2020 USD ($) Bed	Oct. 31, 2020 Bed	Dec. 31, 2019 USD ($)
Goodwill and Intangible Assets Disclosure [Line Items]
Establishment of goodwill			This goodwill was established in connection with multiple business combination transactions.
Goodwill	$ 5,902,000		$ 5,902,000		$ 50,537,000
Goodwill Impairment Loss	$ 0
Two Managed-only Facilities
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill Impairment Loss		$ 2,000,000.0
Silverdale Detention Center
Goodwill and Intangible Assets Disclosure [Line Items]
Number of beds at the facility \| Bed	1,046		1,046
Metro Davidson County Detention Facility
Goodwill and Intangible Assets Disclosure [Line Items]
Number of beds at the facility \| Bed				1,348
Community Reporting Unit
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill Impairment Loss	$ 42,600,000
CoreCivic Safety
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill	$ 5,900,000		$ 5,900,000		7,900,000
Number of beds at the facility \| Bed	70,000		70,000
CoreCivic Community
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill					$ 42,600,000

Real Estate and Related Assets - Additional Information (Detail)	1 Months Ended	12 Months Ended
	Jun. 30, 2013 USD ($)	Dec. 31, 2020 USD ($) Property Facility	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Property, Plant and Equipment [Line Items]
Number of real estate properties owned \| Property		69
Number of properties for lease to third parties and used by government agencies \| Property		15
Number of facilities owned by government partners, managed \| Facility		5
Interest capitalization cost on construction in progress		$ 500,000	$ 6,000,000.0	$ 1,000,000.0
Depreciation expense		$ 141,700,000	137,700,000	$ 152,000,000.0
Number of facilities subject to options \| Facility		10
Number of facilities accounting for as service concession arrangements \| Facility		4
Other real estate assets		$ 228,243,000	238,637,000
Purchase price paid for real property in addition to bonds value	$ 100
Contract Cost
Property, Plant and Equipment [Line Items]
Other real estate assets		143,600,000	147,800,000
Service Contract
Property, Plant and Equipment [Line Items]
Other real estate assets		$ 84,600,000	$ 90,800,000
Development Authority of Telfair County
Property, Plant and Equipment [Line Items]
Percentage of property tax abatement	90.00%
Percentage of property tax abatement, decrease in percentage	(10.00%)
Principal amount of bond issued	$ 15,000,000.0
Number of years of tax abatement	9 years

Property and Equipment (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Property, Plant and Equipment [Line Items]
Land and improvements	$ 253,289	$ 295,214
Buildings and improvements	3,171,307	3,411,583
Equipment and software	420,894	435,628
Office furniture and fixtures	37,704	38,278
Construction in progress	26,466	29,521
Property and equipment, gross	3,909,660	4,210,224
Less: Accumulated depreciation	(1,559,388)	(1,510,117)
Property, and Equipment, total	$ 2,350,272	$ 2,700,107

Leases - Additional Information (Detail) $ in Thousands	12 Months Ended
Leases - Additional Information (Detail) $ in Thousands	Dec. 31, 2020 USD ($) Property	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)	Jan. 01, 2019 USD ($)	Jan. 24, 2018
Lessee Lease Description [Line Items]
ROU asset	$ 194,080	$ 108,118
Current portion of lease liability	$ 21,646	$ 26,914
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent
Long-term portion of liability	$ 144,769	$ 51,247
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent	us-gaap:OtherLiabilitiesNoncurrent
Weighted-average lease term of operating leases	6 years 3 months 18 days
Weighted average discount rate associated with the operating leases	6.20%
Future minimum lease payments	$ 201,015
Number of properties under lease held for sale \| Property	3
CoreCivic Properties
Lessee Lease Description [Line Items]
Number of properties for lease to third parties and used by government agencies \| Property	15
Company owned property and equipment	$ 449,600
Operating and finance leases latest expiration year	2040
Kansas Department Of Corrections
Lessee Lease Description [Line Items]
Lease term					20 years
Accounting Standards Update 2016-02
Lessee Lease Description [Line Items]
ROU asset	$ 194,100	$ 108,100		$ 115,600
Current portion of lease liability	$ 21,600	$ 26,900
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent
Long-term portion of liability	$ 144,800	$ 51,200
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent	us-gaap:OtherLiabilitiesNoncurrent
Weighted average discount rate associated with the operating leases				5.30%
Operating lease expense inclusive of short-term and variable leases, exclusive of non-lease food services component	$ 34,900	$ 34,800	$ 30,700
Accounting Standards Update 2016-02 \| ICE
Lessee Lease Description [Line Items]
Agreement notice period for termination	60 days
Accounting Standards Update 2016-02 \| Third Party Lessor
Lessee Lease Description [Line Items]
ROU asset	$ 116,000
Lease agreement, Option to extend the term of agreement	CoreCivic's lease agreement with the lessor is over a base period concurrent with an inter-governmental service agreement ("IGSA") with ICE, which was amended in September 2020 to extend the term of the agreement through September 2026.
Non lease component for food services, rate of consideration paid	44.00%
Accounting Standards Update 2016-02 \| South Texas Family Residential Center
Lessee Lease Description [Line Items]
Future minimum lease payments	$ 165,300
Multiple Properties \| Accounting Standards Update 2016-02
Lessee Lease Description [Line Items]
Operating leases latest expiration year	2032

Schedule of Future Minimum Lease Payments (Detail) $ in Thousands	Dec. 31, 2020 USD ($)
Lessee Lease Description [Line Items]
2021	$ 33,220
2022	32,476
2023	32,068
2024	31,994
2025	31,967
Thereafter	39,290
Total future minimum lease payments	201,015
Less amount representing interest	(34,600)
Total present value of minimum lease payments	$ 166,415

Schedule of Future Undiscounted Cash Flows to be Received from Third-Party Lessees for Company's Operating Leases and Finance Leases (Detail) - Accounting Standards Update 2016-02 $ in Thousands	Dec. 31, 2020 USD ($)
Lessee Lease Description [Line Items]
2021	$ 85,783
2022	80,306
2023	80,734
2024	81,235
2025	81,262
Thereafter	$ 588,364

Real Estate Transactions - Additional Information (Detail) $ in Thousands, shares in Millions, MMcf in Millions													3 Months Ended			12 Months Ended
	Dec. 23, 2020 USD ($) Property	Sep. 15, 2020 Bed	May 26, 2020 USD ($) Bed	Apr. 15, 2020 USD ($) Bed	Jan. 02, 2020 USD ($) Property shares	Jun. 24, 2019 USD ($)	May 06, 2019 USD ($) ft²	Feb. 20, 2019 USD ($) Bed	Sep. 21, 2018 USD ($) ft² Option MMcf	Aug. 23, 2018 USD ($) ft²	Jul. 17, 2018 USD ($) Property	Jan. 19, 2018 USD ($) ft²	Jun. 30, 2020 USD ($) Bed	Mar. 31, 2020 USD ($)	Jun. 30, 2018 USD ($)	Dec. 31, 2020 USD ($) ft² Facility Bed Property	Dec. 31, 2019 USD ($) Bed	Dec. 31, 2018 USD ($) Property	Sep. 30, 2020 Bed	Jan. 24, 2018 Bed
Facility Activations Developments And Closures [Line Items]
Purchase price of real estate					$ 83,200						$ 12,000
Percentage of building leased											100.00%
Purchase price, net tangible assets					77,400						$ 11,100						$ 7,400
Purchase price, identifiable intangible assets					$ 7,500						$ 1,900						800
Number of properties acquired \| Property	28				28						12							15
Debt assumed on acquisition of property					$ 52,200											$ 52,217		$ 157,280
Proceeds from sale of corporate headquarters															$ 12,600
Impairment charge															$ 1,600	60,628	4,706	1,580
Proceeds from sale of property																$ 113,602	4,295	12,911
Cash payments to acquire properties					$ 7,700
Conversion holding period of operating partnership units					2 years
Operating partnership units description					one-for-one basis
Purchase price, tenant improvements					$ 4,900
Number of properties sold \| Property	42										11
Real estate investment property aggregate selling price	$ 106,500
Net proceeds after the repayment of debt	27,800
Net loss on sale properties, after considering tax protection payments	$ 17,900
Number of real estate assets held for sale \| Property																3
Net book value of property and equipment																$ 241,800
Deferred leasing costs and other assets																37,600
Revenues																1,905,485	1,980,689	1,835,766
Operating Expense																$ 1,406,376	1,422,769	1,315,250
Safety
Facility Activations Developments And Closures [Line Items]
Number of beds at the facility \| Bed																70,000
Community
Facility Activations Developments And Closures [Line Items]
Number of beds at the center \| Bed																5,000
CoreCivic Properties
Facility Activations Developments And Closures [Line Items]
Number of previously leased properties \| Property																2
Area of facilities \| ft²																55,000
Net carrying value																$ 9,500
Idled Correctional Facilities
Facility Activations Developments And Closures [Line Items]
Number of facility \| Facility																5
Idled Non-Core Facilities \| Safety
Facility Activations Developments And Closures [Line Items]
Number of beds at the facility \| Bed			200													240
Number of facility \| Facility																1
Net Carrying Value			$ 500													$ 3,100
Gross sales price			$ 3,300
Gain on sale of facility													$ 2,800
Idle Facilities
Facility Activations Developments And Closures [Line Items]
Operating Expense																$ 7,600	$ 7,100	$ 7,700
Idle Facilities \| Community
Facility Activations Developments And Closures [Line Items]
Impairment charge														$ 500
Number of beds at the center \| Bed				92												650
Number of facility \| Facility																3
Net Carrying Value																$ 9,200
Gross sales price				$ 1,600
Tulsa Transitional Center \| Covid-19
Facility Activations Developments And Closures [Line Items]
Number of beds at the center \| Bed																			390
Oklahoma City Transitional Center \| Covid-19
Facility Activations Developments And Closures [Line Items]
Number of closure bed \| Bed													200
Turley Residential Center in Oklahoma
Facility Activations Developments And Closures [Line Items]
Number of closure bed \| Bed																	289
Henderson Transitional Center \| Community
Facility Activations Developments And Closures [Line Items]
Number of beds at the center \| Bed																			184
Cimarron Correctional Facility \| Safety
Facility Activations Developments And Closures [Line Items]
Number of beds at the facility \| Bed		1,600
Management agreement commencing date		Sep. 15, 2020
Initial term of management contract		3 years
Duration of unlimited extension option		24 months
Other Assets
Facility Activations Developments And Closures [Line Items]
Financing receivable,																$ 147,500
Construction receivables																	$ 137,700
Kansas Department Of Corrections
Facility Activations Developments And Closures [Line Items]
Lease term																				20 years
Number of beds at the facility \| Bed																				2,432
Construction of new facility commencement description																Construction of the facility commenced in the first quarter of 2018, and construction was completed in January 2020,
Revenues																$ 2,600
Interest income																$ 8,400
GRES
Facility Activations Developments And Closures [Line Items]
Number of properties acquired \| Property					24
Class A Common interest shares issued \| shares					1.3
Capital Commerce Center
Facility Activations Developments And Closures [Line Items]
Area of Building Acquired \| ft²												261,000
Purchase price of real estate												$ 44,700
Percentage of building leased												98.00%
Purchase price, net tangible assets												$ 40,600
Purchase price, identifiable intangible assets												$ 3,200
Social Security Administration
Facility Activations Developments And Closures [Line Items]
Area of Building Acquired \| ft²										541,000
Purchase price of real estate										$ 242,000
Purchase price, net tangible assets										207,400
Purchase price, identifiable intangible assets										$ 38,900
Lease term										20 years
Lease term expiration date										Jan. 31, 2034
Debt assumed on acquisition of property										$ 157,300
National Archives And Records Administration
Facility Activations Developments And Closures [Line Items]
Area of Building Acquired \| ft²									217,000
Purchase price of real estate									$ 6,900
Percentage of building leased									100.00%
Purchase price, net tangible assets									$ 6,900
Purchase price, identifiable intangible assets									$ 700
Lease term expiration date									Jan. 31, 2023
Additional ten year renewal options \| Option									2
Renewal of contract terms									10 years
Volume of storage space \| MMcf									1.2
Percentage of storage space									90.00%
Florida \| Capital Commerce Center
Facility Activations Developments And Closures [Line Items]
Percentage of building leased												87.00%
Raleigh, North Carolina \| South Raleigh Reentry Center
Facility Activations Developments And Closures [Line Items]
Purchase price of real estate								$ 900
Number of beds at the center \| Bed								60
Detroit, Michigan
Facility Activations Developments And Closures [Line Items]
Area of Building Acquired \| ft²							36,520
Purchase price of real estate							$ 7,200
Percentage of building leased							100.00%
Lease expiration date							2028-06
Operating lease renewal term							6 years
Chester, Pennsylvania
Facility Activations Developments And Closures [Line Items]
Carrying Value of Assets Dispositions						$ 3,100
Proceeds from sale of property						3,400
Gain on sale of assets						$ 300
Oklahoma \| Idled Residential Reentry Facility
Facility Activations Developments And Closures [Line Items]
Impairment charge													$ 9,800
Oklahoma \| Idled Residential Reentry Facility \| Community
Facility Activations Developments And Closures [Line Items]
Number of facility \| Facility																1

Idled Facilities and Respective Carrying Values Excluding Equipment and Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Prairie Correctional Facility
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	$ 14,646	$ 14,863
Huerfano County Correctional Center
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	15,895	16,266
Diamondback Correctional Facility
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	38,346	39,729
Marion Adjustment Center
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	11,047	11,351
Kit Carson Correctional Center
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	52,757	54,041
Idle Facilities
Facility Activations Developments And Closures [Line Items]
Net Carrying Value	$ 132,691	$ 136,250

Business Combinations - Additional Information (Detail) $ in Millions				3 Months Ended	12 Months Ended
	Dec. 07, 2019 USD ($) Facility Bed	Dec. 01, 2018 USD ($) State	Jan. 02, 2018 USD ($) State	Sep. 30, 2020 USD ($)	Dec. 31, 2018 Transaction
Business Acquisition [Line Items]
Number of purchase price transactions \| Transaction					2
Rocky Mountain Offender Management Systems, LLC
Business Acquisition [Line Items]
Number of states in which company facilities are located \| State			7
Aggregate purchase price			$ 7.0
Recovery Monitoring Solutions Corporation
Business Acquisition [Line Items]
Number of states in which company facilities are located \| State		4
Aggregate purchase price		$ 15.9
Rehabilitation Services Inc
Business Acquisition [Line Items]
Aggregate purchase price	$ 4.4
Loss on settlement of contingent consideration				$ (0.6)
Number of additional facilities \| Facility	2
Number of additional home confinement facilities \| Facility	34
Rehabilitation Services Inc \| Ghent Residential Reentry Center
Business Acquisition [Line Items]
Number of beds at the center \| Bed	36
Rehabilitation Services Inc \| James River Residential Reentry Center
Business Acquisition [Line Items]
Number of beds at the center \| Bed	84

Business Combination Purchase Price Allocation (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 07, 2019	Dec. 01, 2018
Business Acquisition [Line Items]
Goodwill	$ 5,902	$ 50,537
Rocky Mountain Offender Management Systems LLC and Recovery Monitoring Solutions Corporation
Business Acquisition [Line Items]
Property and equipment				$ 6,100
Intangible assets				12,400
Tangible assets and liabilities, net				(2,800)
Total identifiable assets				15,700
Goodwill				7,200
Total consideration				$ 22,900
Rehabilitation Services Inc
Business Acquisition [Line Items]
Property and equipment			$ 1,300
Intangible assets			700
Total identifiable assets			2,000
Goodwill			2,400
Total consideration			$ 4,400

Investment in Affiliate - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Investments In And Advances To Affiliates [Line Items]
Duration of prison management contract with an agency of the United Kingdom government	25 years
Working capital loan to APM	$ 3,100,000
Equity earnings (losses) of joint venture	(192,000)	$ (128,000)	$ (100,000)
Other assets
Investments In And Advances To Affiliates [Line Items]
Equity in net deficit of Affiliate	$ 200,000
GRES
Investments In And Advances To Affiliates [Line Items]
Percentage of voting control	100.00%
Agecroft Prison Management Ltd
Investments In And Advances To Affiliates [Line Items]
Variable interest entity, ownership percentage	50.00%

Schedule of Other Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Intangible assets:
Deferred leasing assets, less accumulated amortization of $1,132 and $5,647, respectively	$ 146	$ 41,129
Other intangible assets, less accumulated amortization of $9,219 and $8,182, respectively	10,720	14,517
Construction receivable - Kansas lease		137,665
Financing receivable - Kansas lease	147,481
ROU asset	194,080	108,118
Lease incentive assets	4,813	5,454
Debt issuance costs, less accumulated amortization of $2,332 and $1,475, respectively	1,855	2,628
Cash equivalents and cash surrender value of life insurance held in Rabbi trust	14,940	14,448
Straight-line rent receivable	2,196	7,836
Insurance receivable	14,353	13,179
Other	6,079	5,933
Other assets, total	$ 396,663	$ 350,907

Schedule of Other Assets (Parenthetical) (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Schedule of Other Assets [Line Items]
Deferred leasing assets, accumulated amortization	$ 1,132	$ 5,647
Debt issuance costs, accumulated amortization	2,332	1,475
Other intangible assets
Schedule of Other Assets [Line Items]
Intangible assets, accumulated amortization	$ 9,219	$ 8,182

Other Assets - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) Property	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Schedule of Other Assets [Line Items]
Gross carrying amount of intangible assets	$ 21.2	$ 69.5
Number of real estate assets held for sale \| Property	3
Amortization expense related to intangible assets	$ 9.1	$ 6.8	$ 6.5

Estimated Amortization Expense Related to Intangible Assets (Detail) $ in Thousands	Dec. 31, 2020 USD ($)
Finite-Lived Intangible Assets [Line Items]
2021	$ 4,853
2022	4,253
2023	3,308
2024	3,272
2025	$ 3,268

Schedule of Accounts Payable and Accrued Expenses (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Accounts Payable and Accrued Liabilities [Line Items]
Trade accounts payable	$ 85,359	$ 75,152
Accrued salaries and wages	43,564	51,845
Accrued dividends	3,148	54,843
Accrued workers' compensation and auto liability	7,379	7,062
Accrued litigation	5,861	14,134
Accrued employee medical insurance	7,035	6,110
Accrued property taxes	27,780	27,900
Accrued interest	9,516	10,142
ROU lease liability	$ 21,646	$ 26,914
Operating Lease, Liability, Current, Statement of Financial Position [Extensible List]	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent	us-gaap:AccountsPayableAndAccruedLiabilitiesCurrent
Deferred revenue	$ 8,693	$ 15,387
Construction payable	1,821	7,504
Lease obligation	4,400	8,603
Deferred employer payroll taxes	14,795
Other	33,321	31,866
Accounts payable and accrued expenses, total	$ 274,318	$ 337,462

Other Long Term Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Other Long Term Liabilities [Line Items]
Intangible contract liability	$ 5,030	$ 5,417
Accrued workers' compensation	31,868	28,769
Accrued deferred compensation	11,802	10,919
Lease financing obligation	7,508	7,634
ROU lease liability	$ 144,769	$ 51,247
Operating Lease, Liability, Noncurrent, Statement of Financial Position [Extensible List]	us-gaap:OtherLiabilitiesNoncurrent	us-gaap:OtherLiabilitiesNoncurrent
Deferred employer payroll taxes	$ 14,795
Other	696	$ 1,593
Other liabilities	$ 216,468	$ 105,579

Schedule of Debt Outstanding (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019	Dec. 18, 2019
Debt Instrument [Line Items]
Total debt	$ 1,809,517	$ 1,986,865
Unamortized debt issuance costs	(12,766)	(14,993)
Unamortized original issue discount	(10,000)	(12,500)
Current portion of long-term debt	(39,087)	(31,349)
Long-term debt, net	1,747,664	1,928,023
Term Loan A Due in April 2023
Debt Instrument [Line Items]
Total debt	180,000	190,000
Unamortized debt issuance costs	(100)	(100)
Term Loan B Due in December 2024
Debt Instrument [Line Items]
Total debt	237,500	250,000	$ 250,000
Unamortized debt issuance costs	(4,100)	(4,600)
Unamortized original issue discount			$ (12,500)
Senior Notes 4.625% Due 2023
Debt Instrument [Line Items]
Total debt	350,000	350,000
Unamortized debt issuance costs	(1,500)	(2,100)
Senior Notes 5.0% Due 2022
Debt Instrument [Line Items]
Total debt	250,000	250,000
Unamortized debt issuance costs	(800)	(1,300)
Senior Notes 4.75% Due 2027
Debt Instrument [Line Items]
Total debt	250,000	250,000
Unamortized debt issuance costs	(2,700)	(3,100)
Capital Commerce Center Non-Recourse Mortgage Note 4.5% Due 2033
Debt Instrument [Line Items]
Total debt	20,934	22,209
Unamortized debt issuance costs	(300)	(300)
Lansing Correctional Center Non Recourse Mortgage Note 4.43% Due 2040
Debt Instrument [Line Items]
Total debt	157,607	159,522
Unamortized debt issuance costs	(3,100)	(3,300)
SSA Baltimore Non Recourse Mortgage Note 4.5% Due 2034
Debt Instrument [Line Items]
Total debt	144,476	150,134
Unamortized debt issuance costs	(200)	(200)
Revolving Credit Facility \| Revolving Credit Facility Due in April 2023
Debt Instrument [Line Items]
Total debt	$ 219,000	$ 365,000

Schedule of Debt Outstanding (Parenthetical) (Detail) - USD ($) $ in Thousands			1 Months Ended			12 Months Ended
	Dec. 18, 2019	Apr. 17, 2018	Oct. 31, 2017	Sep. 30, 2015	Apr. 30, 2013	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
Revolving Credit Facility maturity date		Apr. 30, 2023
Unamortized debt issuance costs						$ 12,766	$ 14,993
Term Loan A Due in April 2023
Debt Instrument [Line Items]
Debt interest rate						1.60%	3.30%
Debt maturity date		Apr. 30, 2023				Apr. 30, 2023
Interest payable dates						Interest payable periodically at variable interest rates.
Unamortized debt issuance costs						$ 100	$ 100
Term Loan B Due in December 2024
Debt Instrument [Line Items]
Debt interest rate						5.50%	6.30%
Debt maturity date	Dec. 31, 2024					Dec. 31, 2024
Interest payable dates						Interest payable periodically at variable interest rates.
Unamortized debt issuance costs						$ 4,100	$ 4,600
Senior Notes 4.625% Due 2023
Debt Instrument [Line Items]
Stated interest rate					4.625%	4.625%
Debt maturity date					May 01, 2023	May 31, 2023
Unamortized debt issuance costs						$ 1,500	2,100
Senior Notes 5.0% Due 2022
Debt Instrument [Line Items]
Stated interest rate				5.00%		5.00%
Debt maturity date				Oct. 15, 2022		Oct. 31, 2022
Unamortized debt issuance costs						$ 800	1,300
Senior Notes 4.75% Due 2027
Debt Instrument [Line Items]
Stated interest rate			4.75%			4.75%
Debt maturity date			Oct. 15, 2027			Oct. 31, 2027
Unamortized debt issuance costs						$ 2,700	3,100
Capital Commerce Center Non-Recourse Mortgage Note 4.5% Due 2033
Debt Instrument [Line Items]
Stated interest rate						4.50%
Debt maturity date						Jan. 31, 2033
Unamortized debt issuance costs						$ 300	300
Lansing Correctional Center Non Recourse Mortgage Note 4.43% Due 2040
Debt Instrument [Line Items]
Stated interest rate						4.43%
Debt maturity date						Jan. 31, 2040
Unamortized debt issuance costs						$ 3,100	3,300
SSA Baltimore Non Recourse Mortgage Note 4.5% Due 2034
Debt Instrument [Line Items]
Stated interest rate						4.50%
Debt maturity date						Feb. 28, 2034
Unamortized debt issuance costs						$ 200	$ 200
Revolving Credit Facility \| Revolving Credit Facility Due in April 2023
Debt Instrument [Line Items]
Revolving Credit Facility maturity date						Apr. 30, 2023
Weighted average rate						1.70%	3.30%
Interest payable dates						Interest payable periodically at variable interest rates.

Debt - Additional Information (Detail)									1 Months Ended			12 Months Ended
Debt - Additional Information (Detail)	Dec. 23, 2020 USD ($) Property	Jan. 02, 2020 USD ($) Property	Dec. 18, 2019 USD ($)	Aug. 23, 2018 USD ($) ft²	Jul. 17, 2018 USD ($) Property	Apr. 20, 2018 USD ($)	Apr. 17, 2018 USD ($)	Jan. 19, 2018 USD ($) ft²	Oct. 31, 2017 USD ($)	Sep. 30, 2015 USD ($)	Apr. 30, 2013 USD ($)	Dec. 31, 2020 USD ($)	Dec. 31, 2018 USD ($) Property	Dec. 31, 2019 USD ($)
Debt Instrument [Line Items]
Debt maturity period							Apr. 30, 2023
Borrowings outstanding under credit facility												$ 219,000,000.0
Revolving Credit Facility letters of credit outstanding												14,800,000		$ 22,300,000
Total debt												1,809,517,000		1,986,865,000
Debt Instrument outstanding balance												1,809,517,000		1,986,865,000
Unamortized original issue discount												10,000,000		12,500,000
Purchase price of real estate		$ 83,200,000			$ 12,000,000.0
Business acquisition assumed in-place financing		$ 52,200,000										52,217,000	$ 157,280,000
Number of properties acquired \| Property	28	28			12								15
Debt assumed on acquisition of property		$ 52,200,000										$ 52,217,000	$ 157,280,000
Real estate investment property aggregate selling price	$ 106,500,000
Percentage of Senior Notes offer price in connection with an asset sale												100.00%
Percentage of Senior Notes offer price in connection with change in control												101.00%
GRES
Debt Instrument [Line Items]
Number of properties acquired \| Property		24
Combined Subsidiary Guarantors
Debt Instrument [Line Items]
Ownership percentage of subsidiaries												100.00%
Capital Commerce Center
Debt Instrument [Line Items]
Area of Building Acquired \| ft²								261,000
Purchase price of real estate								$ 44,700,000
Non-Recourse Mortgage Note \| Capital Commerce Center
Debt Instrument [Line Items]
Debt Instrument outstanding balance														20,900,000
Debt instrument, term								15 years
Stated interest rate								4.50%
Capitalized loan costs								$ 400,000
Amount of acquisition financed with non-recourse mortgage note								$ 24,500,000
Mortgage note maturity date								2033-01
Non-Recourse Senior Secured Notes \| Private Placement
Debt Instrument [Line Items]
Debt maturity date						Jan. 31, 2040
Debt Instrument outstanding balance												$ 157,600,000
Debt instrument, term						20 years
Aggregate principal amount						$ 159,500,000
Stated interest rate						4.43%
Expected project completion period						January 2020
Notes issuance costs						$ 3,400,000
Non-Recourse Senior Secured Notes \| SSA-Baltimore
Debt Instrument [Line Items]
Debt maturity date				Feb. 28, 2034
Debt Instrument outstanding balance												144,500,000
Stated interest rate				4.50%
Area of Building Acquired \| ft²				541,000
Purchase price of real estate				$ 242,000,000
Notes issuance costs				200,000
Business acquisition assumed in-place financing				157,300,000
Balloon payment				40,000,000.0
Debt assumed on acquisition of property				$ 157,300,000
Credit Agreement
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity							$ 1,000,000,000.0
Debt maturity period							Apr. 30, 2023
Line of credit facility, aggregate principal amount of additional borrowing							$ 350,000,000.0
Percentage of capital stock of foreign subsidiary secured by pledge under Revolving Credit Facilities							65.00%
Credit Agreement \| Term Loan A Due in April 2023
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity							$ 200,000,000.0
Term Loan A Due in April 2023
Debt Instrument [Line Items]
Total debt												$ 180,000,000.0
Debt maturity date							Apr. 30, 2023					Apr. 30, 2023
Debt Instrument outstanding balance												$ 180,000,000		190,000,000
Term Loan B Due in December 2024
Debt Instrument [Line Items]
Total debt												$ 237,500,000
Debt maturity date			Dec. 31, 2024									Dec. 31, 2024
Debt Instrument outstanding balance			$ 250,000,000.0									$ 237,500,000		250,000,000
Debt instrument, term			5 years
Percentage of loan to value of certain specified real property assets secured by a first lien			80.00%
Debt instrument, issued price percentage of principal			95.00%
Unamortized original issue discount			$ 12,500,000
Capitalized loan costs			$ 5,100,000
Term Loan B Due in December 2024 \| Base Rate
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate			3.50%
Term Loan B Due in December 2024 \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate			4.50%
Libor floor rate			1.00%
Senior Notes 4.125% Due 2020
Debt Instrument [Line Items]
Aggregate principal amount			$ 325,000,000.0
Stated interest rate			4.125%
Debt instrument redemption percentage of par											100.00%
Senior Notes 4.625% Due 2023
Debt Instrument [Line Items]
Debt maturity date											May 01, 2023	May 31, 2023
Debt Instrument outstanding balance												$ 350,000,000		350,000,000
Aggregate principal amount											$ 350,000,000.0
Stated interest rate											4.625%	4.625%
Debt instrument redemption percentage of par											100.00%
Senior Notes 5.0% Due 2022
Debt Instrument [Line Items]
Debt maturity date										Oct. 15, 2022		Oct. 31, 2022
Debt Instrument outstanding balance												$ 250,000,000		250,000,000
Aggregate principal amount										$ 250,000,000.0
Stated interest rate										5.00%		5.00%
Debt instrument redemption percentage of par										100.00%
Senior Notes 4.75% Due 2027
Debt Instrument [Line Items]
Debt maturity date									Oct. 15, 2027			Oct. 31, 2027
Debt Instrument outstanding balance												$ 250,000,000		$ 250,000,000
Aggregate principal amount									$ 250,000,000.0
Stated interest rate									4.75%			4.75%
Debt instrument redemption percentage of par									100.00%
Government Real Estate Solutions Non-Recourse Mortgage Note 4.91% maturing November 2025
Debt Instrument [Line Items]
Stated interest rate		4.91%
Purchase price of real estate		$ 83,200,000
Business acquisition assumed in-place financing		52,200,000
Balloon payment		$ 46,200,000
Number of properties acquired \| Property		28
Debt assumed on acquisition of property		$ 52,200,000
Debt instrument fixed monthly payment maturity period		Nov. 30, 2025
Number of properties pledged \| Property	24	24
Number of non-core government leased properties \| Property	42
Real estate investment property aggregate selling price	$ 106,500,000
Proceeds from sale of property held for sale	27,800,000
Debt defeasance cost	$ 10,500,000
Government Real Estate Solutions Non-Recourse Mortgage Note 4.91% maturing November 2025 \| GRES
Debt Instrument [Line Items]
Number of properties acquired \| Property		24
Revolving Credit Facility
Debt Instrument [Line Items]
Sublimit swing line loans							$ 30,000,000.0
Percentage of commitment fee to unfunded balance												0.35%
Line of credit facility, remaining borrowing capacity												$ 566,200,000
Sublimit for issuance of standby letters of credit							$ 50,000,000.0
Revolving Credit Facility letters of credit outstanding												$ 14,800,000
Revolving Credit Facility \| Base Rate
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate												0.50%
Revolving Credit Facility \| Base Rate \| Minimum
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate							0.00%
Revolving Credit Facility \| Base Rate \| Maximum
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate							1.00%
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR)
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate												1.50%
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR) \| Minimum
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate							1.00%
Revolving Credit Facility \| London Interbank Offered Rate (LIBOR) \| Maximum
Debt Instrument [Line Items]
Debt instrument, percentage points added to reference rate							2.00%
Revolving Credit Facility \| Credit Agreement
Debt Instrument [Line Items]
Line of credit facility, maximum borrowing capacity							$ 800,000,000.0

Schedule of Principal Payments (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Debt Instrument [Line Items]
2021	$ 39,087
2022	292,981
2023	758,110
2024	194,937
2025	14,556
Thereafter	509,846
Total debt	$ 1,809,517	$ 1,986,865

Deferred Revenue - Additional Information (Detail) $ in Thousands	1 Months Ended			3 Months Ended			12 Months Ended
	Sep. 30, 2020	Oct. 31, 2016	Sep. 30, 2014 Facility	Dec. 31, 2020 USD ($)	Sep. 30, 2020 USD ($)	Dec. 31, 2014 USD ($) Installment	Dec. 31, 2020 USD ($)	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Deferred Revenue Arrangement [Line Items]
Revenue							$ 1,905,485	$ 1,980,689	$ 1,835,766
South Texas Family Residential Center
Deferred Revenue Arrangement [Line Items]
Management contract, expiration date	2026-09	2021-09
ICE
Deferred Revenue Arrangement [Line Items]
Deferred Revenue - Noncurrent						$ 70,000
Non-cash revenue per quarter				$ 700	$ 3,400
Decrease in non-cash revenue per quarter				2,700
Revenue							167,700	170,600	$ 170,600
Deferred revenue				$ 15,200			$ 15,200	$ 26,100
ICE \| Installment Payment
Deferred Revenue Arrangement [Line Items]
Amount to be settled as an installment						$ 35,000
Number of installments \| Installment						2
Installments due						Dec. 31, 2014
Maximum \| South Texas Family Residential Center
Deferred Revenue Arrangement [Line Items]
Number of beds at the facility \| Facility			2,400
Management contract, initial term			4 years
Minimum \| South Texas Family Residential Center
Deferred Revenue Arrangement [Line Items]
Agreement notice period for termination			60 days

Income Taxes - Additional Information (Detail) - USD ($)	3 Months Ended			12 Months Ended
	Mar. 31, 2020	Sep. 30, 2018	Dec. 31, 2017	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Income Taxes [Line Items]
Minimum Distribution Percentage of Taxable Income to Qualify for Real Estate Investment Trust				90.00%
TCJA enacted date				Dec. 22, 2017
U.S. federal corporate tax rate				21.00%	21.00%	21.00%	35.00%
TCJA one time transition tax				$ 0
Effect of change in income tax associated with the ACT		$ 1,000,000.0	$ 4,500,000
Lease expiration term				20 years
Effective tax rate				7.30%	4.00%	5.00%
Deferred employer side social security payments				$ 29,600,000
Liabilities for uncertain tax positions				0	$ 0
Minimum
Income Taxes [Line Items]
Estimated income tax charge				100,000,000.0
Maximum
Income Taxes [Line Items]
Estimated income tax charge				135,000,000.0
Lansing Correctional Facility
Income Taxes [Line Items]
Income tax expense deferred during construction period	$ 3,100,000
Deferred tax asset revalued upon conversion of TRS to QRS				$ 0

Components of Income Tax Expense (Benefit) (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Income Tax Expenses [Line Items]
Current income tax expense, Federal	$ (1,928)	$ 5,324	$ 10,481
Current income tax expense, State	1,369	3,677	2,308
Current income tax expense, Total	(559)	9,001	12,789
Deferred income tax expense (benefit), Federal	3,878	(489)	(3,422)
Deferred income tax expense (benefit), State	1,067	(673)	(1,014)
Deferred income tax expense (benefit), Total	4,945	(1,162)	(4,436)
Income tax expense	$ 4,386	$ 7,839	$ 8,353

- Definition

Amount of current income tax expense (benefit) and deferred income tax expense (benefit) pertaining to continuing operations.

+ References + Details

Components of Deferred Tax Assets and Liabilities (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Deferred Income Tax Assets And Liabilities [Line Items]
Asset reserves and liabilities not yet deductible for tax	$ 21,482	$ 28,247
Tax over book basis of certain assets	1,001	1,451
Net operating loss and tax credit carryforwards	3,782	5,130
Intangible contract value	699	262
Other	68	103
Total noncurrent deferred tax assets	27,032	35,193
Less valuation allowance	(848)	(3,865)
Total noncurrent deferred tax assets	26,184	31,328
Book over tax basis of certain assets	(11,305)	(11,478)
Intangible value	(2,149)	(2,264)
Other	(1,617)	(1,528)
Total noncurrent deferred tax liabilities	(15,071)	(15,270)
Net total noncurrent deferred tax assets	$ 11,113	$ 16,058

Reconciliation of Income Tax Provision at Statutory Income Tax Rate and Effective Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	Dec. 31, 2017
Reconciliation Of Provision Of Income Taxes [Line Items]
Statutory federal rate	21.00%	21.00%	21.00%	35.00%
Dividends paid deduction	(24.90%)	(18.90%)	(18.60%)
State taxes, net of federal tax benefit	1.90%	1.20%	1.00%
Permanent differences	2.20%	1.20%	1.00%
Charges associated with adoption of tax reform			0.60%
Deferred tax expense on Kansas lease structure	5.20%
Tax benefit of equity-based compensation	1.10%	0.10%	0.50%
Other items, net	0.80%	(0.60%)	(0.50%)
Effective income tax rate, Total	7.30%	4.00%	5.00%

Tax Characterization of Dividends per Share on Common Shares (Detail) - $ / shares

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

Dividends Payable [Line Items]

Total Per Share

$ 0.44

$ 1.76

$ 1.72

Dividend Payment 1st

Dividends Payable [Line Items]

Feb. 22, 2018

Apr. 02, 2018

Apr. 16, 2018

^[1]

$ 0.396671

Return of Capital

0.033329

Total Per Share

$ 0.43

Dividend Payment 2nd

Dividends Payable [Line Items]

May 11, 2018

Jul. 02, 2018

Jul. 16, 2018

^[1]

$ 0.396671

Return of Capital

0.033329

Total Per Share

$ 0.43

Dividend Payment 3rd

Dividends Payable [Line Items]

Aug. 16, 2018

Oct. 01, 2018

Oct. 15, 2018

^[1]

$ 0.396671

Return of Capital

0.033329

Total Per Share

$ 0.43

Dividend Payment 4th

Dividends Payable [Line Items]

Dec. 13, 2018

Jan. 02, 2019

Jan. 15, 2019

^[2]

$ 0.374927

Return of Capital

0.055073

Total Per Share

$ 0.43

Dividend Payment 5th

Dividends Payable [Line Items]

Feb. 21, 2019

Apr. 01, 2019

Apr. 15, 2019

^[3]

$ 0.383646

Return of Capital

0.056354

Total Per Share

$ 0.44

Dividend Payment 6th

Dividends Payable [Line Items]

May 16, 2019

Jul. 01, 2019

Jul. 16, 2019

^[3]

$ 0.383646

Return of Capital

0.056354

Total Per Share

$ 0.44

Dividend Payment 7th

Dividends Payable [Line Items]

Aug. 15, 2019

Oct. 01, 2019

Oct. 15, 2019

^[3]

$ 0.383646

Return of Capital

0.056354

Total Per Share

$ 0.44

Dividend Payment 8th

Dividends Payable [Line Items]

Dec. 12, 2019

Jan. 06, 2020

Jan. 15, 2020

^[4]

$ 0.440000

Total Per Share

$ 0.44

Dividend Payment 9th

Dividends Payable [Line Items]

Feb. 20, 2020

Apr. 01, 2020

Apr. 15, 2020

^[4]

$ 0.440000

Total Per Share

$ 0.44

[1]	$0.053074 of this amount constitutes a "Qualified Dividend", as defined by the IRS.
[2]	$0.041413 of this amount constitutes a "Qualified Dividend", as defined by the IRS.
[3]	$0.042774 of this amount constitutes a "Qualified Dividend", as defined by the IRS.
[4]	$0.040745 of this amount constitutes a "Qualified Dividend", as defined by the IRS.

Tax Characterization of Dividends per Share on Common Shares (Parenthetical) (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Dividends Payable [Line Items]
Dividend declared per share	$ 0.44	$ 1.76	$ 1.72
Qualified dividend as defined by the IRS
Dividends Payable [Line Items]
Dividend declared per share	0.053074
Qualified dividend as defined by the IRS
Dividends Payable [Line Items]
Dividend declared per share	0.041413
Qualified dividend as defined by the IRS
Dividends Payable [Line Items]
Dividend declared per share	0.042774
Qualified dividend as defined by the IRS
Dividends Payable [Line Items]
Dividend declared per share	$ 0.040745

Stockholders' Equity - Additional Information (Detail) - USD ($)		12 Months Ended
	Aug. 28, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018	May 31, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting description		. The RSUs awarded to officers and executive officers in 2019 and 2020 consist of a combination of awards with performance-based conditions and time-based conditions. Unless earlier vested under the terms of the RSU agreements, the RSUs with time-based vesting conditions vest evenly generally on the first, second, and third anniversary of the award. The RSUs with performance-based vesting conditions are divided into one-third increments, each of which is subject to vesting based upon satisfaction of certain annual performance criteria established at the beginning of the fiscal years ending December 31, 2019, 2020, and 2021 for the 2019 awards, and December 31, 2020, 2021, and 2022 for the 2020 awards, and which can be increased by up to 150% or decreased to 0% based on performance relative to the annual performance criteria, and further increased or decreased using a modifier of 80% to 120% based on CoreCivic's total shareholder return relative to a peer group. Based on performance achieved for 2020, the RSUs subject to performance-based vesting criteria were decreased by 47.9%, and were further reduced to the 80% modifier based on CoreCivic's total shareholder return relative to the peer group. Because the performance criteria for the fiscal years ending December 31, 2021 and 2022 have not yet been established, the values of the third RSU increment of the 2019 awards and of the second and third increments of the 2020 awards for financial reporting purposes will not be determined until such criteria are established.
Increase in vesting percentage based on performance relative to annual performance criteria		150.00%
Decrease in vesting percentage based on performance relative to annual performance criteria		0.00%
Common stock, par value		$ 0.01	$ 0.01
Common stock, shares issued		119,638,000	119,096,000
Preferred stock, shares authorized		50,000,000	50,000,000
Preferred stock, shares par value		$ 0.01	$ 0.01
Total intrinsic value of options exercised		$ 0	$ 500,000	$ 1,300,000
2020 Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Number of shares authorized for issuance of awards					4,700,000
Number of shares available for issuance		4,700,000
ATM Agreement
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Common stock, par value	$ 0.01
Common stock, shares issued		0	0	0
Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Increase decrease in vesting percentage based on shareholder return relative to peer group		80.00%
Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Increase decrease in vesting percentage based on shareholder return relative to peer group		120.00%
Maximum \| Common Stock \| ATM Agreement
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Common stock, aggregate gross sales price	$ 200,000,000.0
Other Employees
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting period, continuous service requirement		3 years
Restricted stock based awards
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Fair value of restricted common stock units issued by CoreCivic to certain of its employees and non-employee directors		$ 20,900,000	$ 20,100,000
Decrease in vesting percentage based on performance relative to annual performance criteria		47.90%
Vesting percentage based on shareholder return relative to peer group.		80.00%
Allocated share-based compensation expense		$ 17,300,000	17,300,000	$ 13,100,000
Unrecognized compensation cost		$ 15,000,000.0
Remaining period for recognizing the unrecognized compensation cost, in years		1 year 8 months 12 days
Total fair value of RSUs that vested		$ 17,400,000	13,400,000	15,300,000
Restricted stock based awards \| General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense		15,600,000	15,500,000	11,300,000
Restricted stock based awards \| Operating
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Allocated share-based compensation expense		$ 1,700,000	$ 1,800,000	$ 1,800,000
Restricted stock based awards \| Employees And Non Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Restricted common stock units issued by CoreCivic		1,200,000	900,000
Restricted stock based awards \| Employees And Non Employee Directors \| General and Administrative
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Restricted common stock units issued by CoreCivic		1,100,000	800,000
Restricted stock based awards \| Employee \| Operating
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Restricted common stock units issued by CoreCivic		100,000	100,000
Restricted stock based awards \| Officers And Executive Officers
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting period		3 years
Percent of awards eligible to vest		33.33%
Restricted stock based awards \| Non Employee Directors
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting period		1 year
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Term of options		10 years
Stock options \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting period		3 years
Stock options \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Compensation Cost [Line Items]
Vesting period		4 years

Summary of Nonvested RSU Transactions (Detail) - Restricted stock based awards shares in Thousands	12 Months Ended
	Dec. 31, 2020 $ / shares shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares of RSUs, Nonvested at December 31, 2019 \| shares	1,562
Shares of RSUs, Granted \| shares	1,245
Shares of RSUs, Cancelled \| shares	(47)
Shares of RSUs, Vested \| shares	(739)
Shares of RSUs, Nonvested at December 31, 2020 \| shares	2,021
Weighted average grant date fair value, Nonvested at December 31, 2019 \| $ / shares	$ 22.52
Weighted average grant date fair value, Granted \| $ / shares	16.80
Weighted average grant date fair value, Cancelled \| $ / shares	19.42
Weighted average grant date fair value, Vested \| $ / shares	23.55
Weighted average grant date fair value, Nonvested at December 31, 2020 \| $ / shares	$ 18.40

Summary of Stock Option Transactions Relating to Non-Qualified Stock Option Plans (Detail) - Stock options $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020 USD ($) $ / shares shares
Number of Shares
No. of options, Outstanding at December 31, 2019 \| shares	644
No. of options, Granted \| shares	0
No. of options, Exercised \| shares	0
No. of options, Cancelled \| shares	(172)
No. of options, Outstanding at December 31, 2020 \| shares	472
No. of options, Exercisable at December 31, 2020 \| shares	472
Weighted-Average Exercise Price per Share
Weighted-Average Exercise Price of options, Outstanding at December 31, 2019 \| $ / shares	$ 20.91
Weighted-Average Exercise Price of options, Granted \| $ / shares	0
Weighted-Average Exercise Price of options, Exercised \| $ / shares	0
Weighted-Average Exercise Price of options, Cancelled \| $ / shares	17.58
Weighted-Average Exercise Price of options, Outstanding at December 31, 2020 \| $ / shares	22.13
Weighted-Average Exercise Price of options, Exercisable at December 31, 2020 \| $ / shares	$ 22.13
Weighted Average Remaining Contractual Term (in years)
Outstanding at December 31, 2020	10 months 24 days
Exercisable at December 31, 2020	10 months 24 days
Aggregate Intrinsic Value
Outstanding at December 31, 2020 \| $	$ 0
Exercisable at December 31, 2020 \| $	$ 0

Schedule of Calculation of Numerator and Denominator in Earnings Per Share (Detail) - USD ($) $ / shares in Units, shares in Thousands, $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Net income attributable to common stockholders, Basic	$ 54,157	$ 188,886	$ 159,207
Net income attributable to common stockholders, Diluted	54,157	188,886	159,207
Net income attributable to non-controlling interest, Diluted	1,181
Diluted net income attributable to common stockholders	$ 55,338	$ 188,886	$ 159,207
Weighted average common shares outstanding, Basic	119,559	119,028	118,544
Weighted average shares and assumed conversions	120,929	119,164	118,716
BASIC EARNINGS PER SHARE	$ 0.45	$ 1.59	$ 1.34
DILUTED EARNINGS PER SHARE	$ 0.45	$ 1.59	$ 1.34
Stock options
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Effect of dilutive securities		22	111
Restricted stock based awards
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Effect of dilutive securities	28	114	61
Non-controlling interest - Operating Partnership Units
Earnings Per Share, Basic, by Common Class, Including Two Class Method [Line Items]
Effect of dilutive securities	1,342

Earnings Per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Antidilutive Securities Excluded from Computation of Earnings Per Share [Line Items]
Stock options excluded from computation of earnings per share because they were anti-dilutive	502,000	486,000	317,000

Commitments and Contingencies - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2020 USD ($) CompensationPlan	Dec. 31, 2019 USD ($)	Dec. 31, 2018 USD ($)
Loss Contingencies [Line Items]
Total cash compensation under Deferred Compensation Plans	5.00%	5.00%	5.00%
Percentage of fixed return from Deferred Compensation Plans to participants	5.00%	5.00%	5.00%
Deferred Compensation Plans
Loss Contingencies [Line Items]
Employer discretionary matching contribution equal to employee's contribution	100.00%	100.00%	100.00%
Number of qualified deferred compensation plans \| CompensationPlan	2
Time period when distributions are paid, minimum years subsequent to the date an individual becomes a participant in the Plan	5 years
Distributions to senior executives commencement period, days after participant's separation from service	60 days
Distributions to senior executives commencement period following individual attains age sixty five	15 days
Matching contributions as general and administrative expense associated with the Deferred Compensation Plans	$ 0.3	$ 0.2	$ 0.3
Deferred Compensation Plans assets	14.9	14.4
Deferred Compensation Plans liability	$ 12.5	$ 12.9
Deferred Compensation Plans \| Executive Officer
Loss Contingencies [Line Items]
Contribution as percentage of salary	50.00%
Contribution as percentage of cash bonus	100.00%
Deferred Compensation Plans \| Non Employee Directors
Loss Contingencies [Line Items]
Contribution as percentage of retainer and meeting fees	100.00%
Deferred Compensation Plans \| After two years of service
Loss Contingencies [Line Items]
Vested percentage of employer contributions and investment earnings or losses	20.00%
Deferred Compensation Plans \| After three years of service
Loss Contingencies [Line Items]
Vested percentage of employer contributions and investment earnings or losses	40.00%
Deferred Compensation Plans \| After four years of service
Loss Contingencies [Line Items]
Vested percentage of employer contributions and investment earnings or losses	80.00%
Deferred Compensation Plans \| After five or more years of service
Loss Contingencies [Line Items]
Vested percentage of employer contributions and investment earnings or losses	100.00%
401(k) Savings and Retirement Plan (the "Plan")
Loss Contingencies [Line Items]
Minimum qualified service required to participate in the Savings and Retirement Plan, years	6 months
Eligible employee contribution on eligible compensation	90.00%
Employer discretionary matching contribution equal to employee's contribution	100.00%	100.00%	100.00%
Maximum percentage of employer discretionary matching contribution of employee's eligible compensation	5.00%	5.00%	5.00%
Minimum number of hours of employment in the plan year for discretionary matching contribution	500
Discretionary contributions to the plan, net of forfeitures	$ 15.0	$ 14.2	$ 13.2
401(k) Savings and Retirement Plan (the "Plan") \| Minimum
Loss Contingencies [Line Items]
Age limit for participating in the Savings and Retirement Plan, years	18 years

Segment Reporting - Additional Information (Detail)	12 Months Ended
Segment Reporting - Additional Information (Detail)	Dec. 31, 2020 Property Segment Facility
Segment Reporting Information [Line Items]
Number of Operating segments \| Segment	3
Number of properties for lease to third parties and used by government agencies \| Property	15
CoreCivic Safety
Segment Reporting Information [Line Items]
Number of facilities operated by the company	47
Number of facilities owned by the company	42
CoreCivic Community
Segment Reporting Information [Line Items]
Number of centers owned and operated by company	27
CoreCivic Properties
Segment Reporting Information [Line Items]
Number of properties for lease to third parties and used by government agencies \| Property	15

Schedule of Revenue and Net Operating Income for Each of the Three Segments and a Reconciliation to CoreCivic's Operating Income (Detail) - USD ($) $ in Thousands	3 Months Ended	12 Months Ended
	Jun. 30, 2018	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Revenue		$ 1,905,485	$ 1,980,689	$ 1,835,766
Operating expenses		1,406,376	1,422,769	1,315,250
Operating income		162,662	281,564	249,485
General and administrative		(124,338)	(127,078)	(106,865)
Depreciation and amortization		(150,861)	(144,572)	(156,501)
Contingent consideration for acquisition of businesses		(620)		(6,085)
Asset impairments	$ (1,600)	(60,628)	(4,706)	(1,580)
Operating Segments
Segment Reporting Information [Line Items]
Revenue		1,905,320	1,980,530	1,835,738
Operating expenses		1,405,969	1,422,083	1,314,736
Operating income		499,351	558,447	521,002
Operating Segments \| Safety
Segment Reporting Information [Line Items]
Revenue		1,706,232	1,779,958	1,675,998
Operating expenses		1,288,938	1,304,121	1,222,418
Operating income		417,294	475,837	453,580
Operating Segments \| Community
Segment Reporting Information [Line Items]
Revenue		105,990	123,265	101,841
Operating expenses		88,903	95,159	76,898
Operating income		17,087	28,106	24,943
Operating Segments \| CoreCivic Properties
Segment Reporting Information [Line Items]
Revenue		93,098	77,307	57,899
Operating expenses		28,128	22,803	15,420
Operating income		64,970	54,504	42,479
Segment Reconciling Items
Segment Reporting Information [Line Items]
Other operating expense		(407)	(686)	(514)
General and administrative		(124,338)	(127,078)	(106,865)
Depreciation and amortization		(150,861)	(144,572)	(156,501)
Contingent consideration for acquisition of businesses		(620)		(6,085)
Asset impairments		(60,628)	(4,706)	(1,580)
Segment Reconciling Items \| Other Revenue
Segment Reporting Information [Line Items]
Revenue		$ 165	$ 159	$ 28

Summary of Capital Expenditures Including Accrued Amounts (Detail) - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Segment Reporting Information [Line Items]
Total capital expenditures	$ 159,489	$ 190,741	$ 487,136
Safety
Segment Reporting Information [Line Items]
Total capital expenditures	42,577	77,662	94,559
Community
Segment Reporting Information [Line Items]
Total capital expenditures	2,548	5,859	15,689
CoreCivic Properties
Segment Reporting Information [Line Items]
Total capital expenditures	107,487	95,109	365,628
Corporate and Other
Segment Reporting Information [Line Items]
Total capital expenditures	$ 6,877	$ 12,111	$ 11,260

Schedule of Total Assets (Detail) - USD ($) $ in Thousands	Dec. 31, 2020	Dec. 31, 2019
Segment Reporting Information [Line Items]
Total assets	$ 3,709,315	$ 3,791,631
Safety
Segment Reporting Information [Line Items]
Total assets	2,589,622	2,606,127
Community
Segment Reporting Information [Line Items]
Total assets	234,475	275,882
CoreCivic Properties
Segment Reporting Information [Line Items]
Total assets	676,374	682,249
Corporate and Other
Segment Reporting Information [Line Items]
Total assets	$ 208,844	$ 227,373

- Definition

Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.

+ References

Reference 1: 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(11))
-URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878

Reference 2: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 235
-SubTopic 10
-Section S99
-Paragraph 1
-Subparagraph (SX 210.4-08(g)(1)(ii))
-URI http://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690

Reference 3: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 825
-SubTopic 10
-Section 50
-Paragraph 28
-Subparagraph (f)
-URI http://asc.fasb.org/extlink&oid=75031198&loc=d3e14064-108612

Reference 4: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (bb)
-URI http://asc.fasb.org/extlink&oid=121559654&loc=d3e5710-111685

Reference 5: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 810
-SubTopic 10
-Section 45
-Paragraph 25
-Subparagraph (a)
-URI http://asc.fasb.org/extlink&oid=116870748&loc=SL6758485-165988

Reference 6: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 32
-Subparagraph (d)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8933-108599

Reference 7: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8736-108599

Reference 8: 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)(12))
-URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910

Reference 9: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 323
-SubTopic 10
-Section 50
-Paragraph 3
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=114001798&loc=d3e33918-111571

Reference 10: http://www.xbrl.org/2003/role/disclosureRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599

+ Details

Subsequent Events - Additional Information (Detail) - Restricted stock based awards - USD ($) shares in Millions, $ in Millions	1 Months Ended	12 Months Ended
	Feb. 28, 2021	Dec. 31, 2020	Dec. 31, 2019
Subsequent Event [Line Items]
Fair value of restricted common stock units issued by CoreCivic to certain of its employees and non-employee directors		$ 20.9	$ 20.1
Employees And Non Employee Directors
Subsequent Event [Line Items]
Restricted common stock units issued by CoreCivic		1.2	0.9
Officers And Executive Officers
Subsequent Event [Line Items]
Vesting period		3 years
Non Employee Directors
Subsequent Event [Line Items]
Vesting period		1 year
Subsequent Event
Subsequent Event [Line Items]
Fair value of restricted common stock units issued by CoreCivic to certain of its employees and non-employee directors	$ 15.4
Subsequent Event \| Employees And Non Employee Directors
Subsequent Event [Line Items]
Restricted common stock units issued by CoreCivic	2.0
Subsequent Event \| Officers And Executive Officers
Subsequent Event [Line Items]
Restricted common stock units issued by CoreCivic	1.0
Vesting period	3 years
Subsequent Event \| Other Employees
Subsequent Event [Line Items]
Restricted common stock units issued by CoreCivic	0.8
Vesting period	3 years
Subsequent Event \| Non Employee Directors
Subsequent Event [Line Items]
Restricted common stock units issued by CoreCivic	0.2
Vesting period	1 year

Schedule III - Real Estate Assets and Accumulated Depreciation (Parenthetical) (Detail) $ in Billions	12 Months Ended
	Dec. 31, 2020 USD ($)
SEC Schedule III, Real Estate Assets and Accumulated Depreciation [Line Items]
Aggregate cost of properties for federal Income Tax purposes	$ 4.0
Maximum
SEC Schedule III, Real Estate Assets and Accumulated Depreciation [Line Items]
Prison facilities, estimated useful lives of depreciable assets	50 years

Schedule III - Real Estate Assets and Accumulated Depreciation Summary of Transactions (Detail) - USD ($)
$ in Thousands

12 Months Ended

Dec. 31, 2020

Dec. 31, 2019

Dec. 31, 2018

SEC Schedule III, Real Estate Assets and Accumulated Depreciation [Line Items]

Investment in Real Estate, balance at beginning of period

$ 3,605,137

$ 3,697,160

$ 3,367,358

Additions through capital expenditures

29,142

64,423

26,547

Acquisitions

82,324

8,809

269,271

Asset impairments

(10,154)

(4,040)

Reclassifications and other

(111,171)

(161,215)

33,984

Investment in Real Estate, balance at end of period

3,595,278

^[1]

3,605,137

3,697,160

Accumulated Depreciation, balance at beginning of period

(1,053,670)

(1,075,389)

(976,121)

Depreciation

(89,008)

(87,492)

(99,361)

Disposals/Other

14,115

109,211

Accumulated Depreciation, balance at end of period

$ (1,128,563)

^[2]

$ (1,053,670)

$ (1,075,389)

[1]	The aggregate cost of properties for federal income tax purposes is approximately $4.0 billion at December 31, 2020.
[2]	Depreciation is calculated using estimated useful lives of depreciable assets up to 50 years for prison facilities.