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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2012
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 – 5 years   

Office furniture and fixtures

     5 years   
Schedule Of Financial Instruments Having Difference Between Carrying Amount And Fair Value

At December 31, 2012 and 2011, there were no material differences between the carrying amounts and the estimated fair values of CCA’s financial instruments, other than as follows (in thousands):

 

     December 31,  
     2012     2011  
     Carrying
Amount
    Fair Value     Carrying
Amount
    Fair Value  

Investment in direct financing lease

   $ 9,233      $ 10,852      $ 10,798      $ 12,613   

Note receivable from APM

   $ 4,819      $ 8,678      $ 4,749      $ 7,825   

Debt

   $ (1,111,545   $ (1,152,550   $ (1,245,014   $ (1,302,550