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                                                                    EXHIBIT 23.2


                   CONSENT OF INDEPENDENT PUBLIC ACCOUNTANTS

As independent public accountants, we hereby consent to the use of our report
dated March 29, 2000 relating to the consolidated financial statements of
Corrections Corporation of America (formerly Correctional Management Services
Corporation) and Subsidiaries included in this registration statement on Form
S-4 of Prison Realty Trust, Inc. (formerly Prison Realty Corporation) and to
all references to our Firm included in or made a part of this registration
statement.


                                         ARTHUR ANDERSEN LLP


Nashville, Tennessee
July 18, 2000