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                                  UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                              WASHINGTON, DC 20549

                                   FORM 12b-25

                                                 Commission File Number: 1-16109
                                                            CUSIP Number: 22025Y

                           NOTIFICATION OF LATE FILING

(Check One):         [X] Form 10-K   [ ] Form 11-K  [ ] Form 20-F
                           [ ] Form 10-Q  [ ] Form N-SA
                       For Period Ended: December 31, 2000

                       [ ] Transition Report on Form 10-K
                       [ ] Transition Report on Form 10-Q
                       [ ] Transition Report on Form 20-F
                       [ ] Transition Report on Form N-SAR
                       [ ] Transition Report on Form 11-K
                       For the Transition Period Ended: _________________

  READ ATTACHED INSTRUCTION SHEET BEFORE PREPARING FORM. PLEASE PRINT OR TYPE.

      Nothing in this form shall be construed to imply that the Commission
                 has verified any information contained herein.

     If the notification relates to a portion of the filing checked above,
   identify the item(s) to which the notification relates: _________________

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PART I - REGISTRANT INFORMATION

Corrections Corporation of America
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Full name of registrant


Prison Realty Trust, Inc.
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Former name if applicable


10 Burton Hills Boulevard
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Address of principal executive office (street and number)


Nashville, Tennessee 37215
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City, state and zip code


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PART II - RULES 12b-25 (b) AND (c)

         If the subject report could not be filed without unreasonable effort or
expense and the registrant seeks relief pursuant to Rule 12b-25(b), the
following should be completed. (Check box if appropriate)

        [ ]    (a)  The reasons described in reasonable detail in Part III of
                    this form could not be eliminated without unreasonable
                    effort or expense;

        [X]    (b)  The subject annual report, semi-annual report, transition
                    report on Form 10-K, 20-F, 11-K or Form N-SAR, or portion
                    thereof will be filed on or before the 15th calendar day
                    following the prescribed due date; or the subject quarterly
                    report or transition report on Form 10-Q, or portion thereof
                    will be filed on or before the fifth calendar day following
                    the prescribed due date; and

        [ ]    (a)  The accountant's statement or other exhibit required by Rule
                    12b-25(c) has been attached if applicable.

PART III- NARRATIVE

        State below in reasonable detail the reasons why Form 10-K, 11-K, 20-F,
10-Q, N-SAR or the transition report portion thereof could not be filed within
the prescribed time period. (Attach extra sheets if needed)

        The Form 10-K for the year ended December 31, 2000 for the registrant
could not be filed within the prescribed time period because the registrant is
attempting to consummate the securitization of certain lease payments (or other
similar transaction) within the allowed grace period as required under the terms
of the registrant's $1.0 billion senior secured credit facility. The
consummation of the securitization within the grace period would remove a
significant uncertainty regarding the lenders' ability to accelerate amounts
outstanding under the registrant's senior secured credit facility. The removal
of the securitization uncertainty and the resulting inability of the lenders' to
accelerate amounts outstanding under the registrant's senior credit facility
significantly affects the registrant's ability to receive an audit opinion
without a going concern qualification from the registrant's independent
auditors. In the event the registrant is unable to complete the Agecroft
transaction, and, as a result, receives a qualified opinion from its auditors,
the registrant is also currently soliciting the consent of its senior lenders'
for an amendment to, or a waiver of compliance with, the terms of the agreement
governing the senior secured credit facility requiring the delivery of an
unqualified opinion.

        The registrant expects to file its Annual Report on Form 10-K promptly
upon the earlier of the completion of the Agecroft transaction or the obtainment
of the requisite amendment or waiver. The registrant's inability to complete the
transaction and file its Form 10-K without the going concern limitation could
not have been eliminated by the registrant without unreasonable effort or
expense.


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PART IV - OTHER INFORMATION

        (1)    Name and telephone number of person to contact in regard to this
               notification

               Elizabeth E. Moore, Esq.        (615)             259-1425
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                       (Name)               (Area Code)     (Telephone Number)

        (2)    Have all other periodic reports required under Section 13 or
               15(d) of the Securities Exchange Act of 1934 or Section 30 of the
               Investment Company Act of 1940 during the preceding 12 months or
               for such shorter period that the registrant was required to file
               such report(s) been filed? If the answer is no, identify
               report(s).                                         [X] Yes [ ] No

        (3)    Is it anticipated that any significant change in results of
               operations from the corresponding period for the last fiscal year
               will be reflected by the earnings statements to be included in
               the subject report or portion thereof?             [ ] Yes [X] No

               If so: attach an explanation of the anticipated change, both
               narratively and quantitatively, and, if appropriate, state the
               reasons why a reasonable estimate of the results cannot be made.

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                       CORRECTIONS CORPORATION OF AMERICA
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                  (Name of Registrant as Specified in Charter)

has caused this notification to be signed on its behalf by the undersigned
thereunto duly authorized.

Date: April 2, 2001                   By: /s/ John D. Ferguson
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                                          John D. Ferguson,
                                          Chief Executive Officer and President

INSTRUCTION: The form may be signed by an executive officer of the registrant or
by any other duly authorized representative. The name and title of the person
signing the form shall be typed or printed beneath the signature. If the
statement is signed on behalf of the registrant by an authorized representative
(other than an executive officer), evidence of the representative's authority to
sign on behalf of the registrant shall be filed with the form.

                                    ATTENTION

   Intentional misstatements or omissions of fact constitute Federal Criminal
                        Violations (see 18 U.S.C. 1001).




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                              GENERAL INSTRUCTIONS

1.      This form is required by Rule 12b-25 of the General Rules and
        Regulations under the Securities Exchange Act of 1934.

2.      One signed original and four conformed copies of this form and
        amendments thereto must be completed and filed with the Securities and
        Exchange Commission, Washington, D.C. 20549, in accordance with Rule 0-3
        of the General Rules and Regulations under the Act. The information
        contained in or filed with the form will be made a matter of public
        record in the Commission files.

3.      A manually signed copy of the form and amendments thereto shall be filed
        with each national securities exchange on which any class of securities
        of the registrant is registered.

4.      Amendments to the notifications must also be filed on Form 12b-25 but
        need not restate information that has been correctly furnished. The form
        shall be clearly identified as an amended notification.

5.      ELECTRONIC FILERS. This form shall not be used by electronic filers
        unable to timely file a report solely due to electronic difficulties.
        Filers unable to submit a report within the time period prescribed due
        to difficulties in electronic filing should comply with either Rule 201
        or Rule 202 of Regulation S-T or apply for an adjustment in filing date
        pursuant to Rule 13(b) of Regulation S-T.





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