Segment Reporting

3 Months Ended

Mar. 31, 2012

Segment Reporting [Abstract]

Segment Reporting

11. SEGMENT REPORTING

As of March 31, 2012, CCA owned and managed 47 correctional and detention facilities, and managed 20 correctional and detention facilities it did not own. Management views CCA's operating results in two reportable segments: (1) owned and managed correctional and detention facilities and (2) managed-only correctional and detention facilities. The accounting policies of the reportable segments are the same as those described in the summary of significant accounting policies in the notes to consolidated financial statements included in CCA's 2011 Form 10-K. Owned and managed facilities include the operating results of those facilities placed into service that were owned and managed by CCA. Managed-only facilities include the operating results of those facilities owned by a third party and managed by CCA. CCA measures the operating performance of each facility within the above two reportable segments, without differentiation, based on facility contribution. CCA defines facility contribution as a facility's operating income or loss from operations before interest, taxes, goodwill impairment, depreciation, and amortization. Since each of CCA's facilities within the two reportable segments exhibit similar economic characteristics, provide similar services to governmental agencies, and operate under a similar set of operating procedures and regulatory guidelines, the facilities within the identified segments have been aggregated and reported as one reportable segment.

The revenue and facility contribution for the reportable segments and a reconciliation to CCA's operating income is as follows for the three months ended March 31, 2012 and 2011 (in thousands):

	For the Three Months Ended March 31,
	2012			2011
Revenue:
Owned and managed	$	345,701		$	335,631
Managed-only		88,470			88,122
Total management revenue		434,171			423,753
Operating expenses:
Owned and managed		230,480			213,191
Managed-only		80,215			76,756
Total operating expenses		310,695			289,947
Facility contribution:
Owned and managed		115,221			122,440
Managed-only		8,255			11,366
Total facility contribution		123,476			133,806
Other revenue (expense):
Rental and other revenue		1,134			1,427
Other operating expense		(4,839	)		(3,215	)
General and administrative		(21,840	)		(21,447	)
Depreciation and amortization		(28,387	)		(26,926	)
Operating income	$	69,544		$	83,645

The following table summarizes capital expenditures for the reportable segments for the three months ended March 31, 2012 and 2011 (amounts in thousands):

	For the Three Months Ended March 31,
	2012		2011
Capital expenditures:
Owned and managed	$	13,591	$	11,291
Managed-only		932		850
Discontinued operations		—		53
Corporate and other		6,947		1,354
Total capital expenditures	$	21,470	$	13,548

The assets for the reportable segments are as follows (amounts in thousands):

	March 31, 2012		December 31, 2011
Assets:
Owned and managed	$	2,699,814	$	2,711,926
Managed-only		110,823		123,806
Corporate and other		160,473		180,220
Discontinued operations		16		3,679
Total assets	$	2,971,126	$	3,019,631