Discontinued Operations

6 Months Ended

Jun. 30, 2013

Discontinued Operations

5. DISCONTINUED OPERATIONS

In November 2011, CCA announced its joint decision with the state of Mississippi to cease operations at the state-owned 1,172-bed Delta Correctional Facility in Greenwood, Mississippi. In December 2011, CCA began the process of transferring the population of approximately 900 inmates from the facility, which was completed in January 2012. Accordingly, the results of operations, net of taxes, and the assets and liabilities of the Delta facility have been reported as discontinued operations for all periods presented.

The following table summarizes the results of operations for this facility for the six months ended June 30, 2012 (in thousands). The financial results of operations for this facility ceased in the first quarter of 2012.

	For the Six Months  Ended June 30, 2012
REVENUE:	$	193
Managed-only		193
EXPENSES:		861
Managed-only		861
OPERATING LOSS		(668)
Other income		91
LOSS FROM DISCONTINUED OPERATIONS BEFORE INCOME TAXES		(577)
Income tax benefit		215
LOSS FROM DISCONTINUED OPERATIONS, NET OF TAXES	$	(362)

There were no assets associated with discontinued operations as of June 30, 2013 and December 31, 2012, while there were $0.1 million and $0.4 million of accounts payable and accrued liabilities associated with discontinued operations as of June 30, 2013 and December 31, 2012, respectively.

CCA also expects to report the results of operations from the managed-only Wilkinson County Correctional Facility and the Dawson State Jail, each as further described in Notes 3 and 4, respectively, as discontinued operations upon termination of the management contracts in the third quarter of 2013.