CORRECTIONS CORPORATION OF AMERICA AND SUBSIDIARIES

SCHEDULE III – REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2014

(in thousands)


Description	Location	Initial Cost to Company				Cost Capitalized Subsequent to Acquisition		Gross Amount at Which Carried at Close of Period							Accumulated Depreciation (A)			Date Constructed/ Acquired
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total			Accumulated Depreciation (A)			Date Constructed/ Acquired
Adams County Correctional Center	Adams County, Mississippi	$	874	$	119,565	$	2,783	$	1,075	$	122,147	$	123,222		$	(15,038	)		2008
Bent County Correctional Facility	Las Animas, Colorado		550		13,115		66,495		1,212		78,948		80,160			(18,267	)		1992
Bridgeport Pre-Parole Transfer Facility	Bridgeport, Texas		70		291		588		209		740		949			(473	)		1995
CAI – Boston Avenue	San Diego, California		800		11,440		25		830		11,435		12,265			(548	)		2013
California City Correctional Center	California City, California		1,785		125,337		4,357		2,484		128,995		131,479			(39,548	)		1999
Central Arizona Detention Center	Florence, Arizona		1,298		57,857		30,571		2,767		86,959		89,726			(28,569	)		1994
Cibola County Corrections Center	Milan, New Mexico		444		16,215		29,130		1,319		44,470		45,789			(14,953	)		1994
Cimarron Correctional Facility	Cushing, Oklahoma		250		71,303		42,349		570		113,332		113,902			(28,887	)		1997
Coffee Correctional Facility	Nicholls, Georgia		194		28,361		44,911		853		72,613		73,466			(17,302	)		1998
Crossroads Correctional Center	Shelby, Montana		413		33,196		6,700		867		39,442		40,309			(27,785	)		1999
Crowley County Correctional Facility	Olney Springs, Colorado		211		46,845		27,133		1,890		72,299		74,189			(17,856	)		2003
Davis Correctional Facility	Holdenville, Oklahoma		250		66,701		40,096		872		106,175		107,047			(27,380	)		1996
D.C. Correctional Treatment Facility	Washington, D.C.		—		—		5,998		71		5,927		5,998			(3,777	)		1997
Diamondback Correctional Facility	Watonga, Oklahoma		208		41,677		22,544		567		63,862		64,429			(19,949	)		1998
Eden Detention Facility	Eden, Texas		925		27,645		33,050		5,279		56,341		61,620			(17,707	)		1995
Eloy Detention Center	Eloy, Arizona		498		33,308		14,047		1,851		46,002		47,853			(14,703	)		1995
Florence County Detention Center	Florence, Arizona		—		75,674		9,022		719		83,977		84,696			(25,169	)		1999
Houston Processing Center	Houston, Texas		2,250		53,373		36,625		3,143		89,105		92,248			(26,921	)		1984
Huerfano County Correctional Center	Walsenburg, Colorado		124		26,358		4,095		984		29,593		30,577			(11,544	)		1997
Jenkins County Correctional Center	Millen, Georgia		208		48,158		37		237		48,166		48,403			(2,738	)		2012
Kit Carson Correctional Center	Burlington, Colorado		432		35,980		42,563		863		78,112		78,975			(17,602	)		1998
Lake Erie Correctional Institution	Conneaut, Ohio		2,871		69,779		2,166		3,669		71,147		74,816			(4,370	)		2011
La Palma Correctional Center	Eloy, Arizona		283		183,155		11,974		470		194,942		195,412			(26,757	)		2008
Laredo Processing Center	Laredo, Texas		788		26,737		1,968		929		28,564		29,493			(9,647	)		1985
Leavenworth U.S.M. Detention Center	Leavenworth, Kansas		130		44,970		42,167		464		86,803		87,267			(23,115	)		1992
Lee Adjustment Center	Beattyville, Kentucky		500		515		16,087		1,214		15,888		17,102			(5,736	)		1998
Leo Chesney Correctional Center	Live Oak, California		250		4,774		1,577		250		6,351		6,601			(2,418	)		1989
Marion Adjustment Center	St. Mary, Kentucky		250		9,994		8,277		915		17,606		18,521			(5,543	)		1998
McRae County Georgia Prison	McRae, Georgia		462		60,396		17,295		954		77,199		78,153			(15,956	)		2000
Mineral Wells Pre-Parole Transfer Facility	Mineral Wells, Texas		176		22,589		4,877		100		—		100	(B)		—			1995
Nevada Southern Detention Center	Pahrump, Nevada		7,548		64,362		9,238		8,330		72,818		81,148			(7,485	)		2010
New Mexico Women’s Correctional Facility	Grants, New Mexico		142		15,888		13,770		807		28,993		29,800			(10,638	)		1989
North Fork Correctional Facility	Sayre, Oklahoma		—		42,166		58,453		291		100,328		100,619			(24,076	)		1998
Northeast Ohio Correctional Center	Youngstown, Ohio		750		39,583		7,803		1,675		46,461		48,136			(15,613	)		1997
Otter Creek Adjustment Center	Wheelwright, Kentucky		500		24,487		11,319		1,447		34,859		36,306			(12,217	)		1998
Prairie Correctional Facility	Appleton, Minnesota		100		22,306		8,307		1,065		29,648		30,713			(11,966	)		1991
Queensgate Correctional Facility	Cincinnati, Ohio		750		15,221		1,586		340		498		838	(B)		—			1998
Red Rock Correctional Center	Eloy, Arizona		10		78,456		20,106		255		98,317		98,572			(16,447	)		2006
Saguaro Correctional Center	Eloy, Arizona		193		98,903		316		385		99,027		99,412			(15,174	)		2007
San Diego Correctional Facility	San Diego, California		28,845		92,458		10,325		37,148		94,480		131,628			(89,758	)		1999
Shelby Training Center	Memphis, Tennessee		150		6,393		3,076		275		9,344		9,619			(9,263	)		1986
Stewart Detention Center	Lumpkin, Georgia		143		70,560		9,192		716		79,179		79,895			(15,177	)		2004
Tallahatchie County Correctional Facility	Tutwiler, Mississippi		—		44,638		94,046		1,536		137,148		138,684			(34,949	)		2000
T. Don Hutto Correctional Center	Taylor, Texas		183		13,418		4,018		591		17,028		17,619			(6,118	)		1997
Torrance County Detention Facility	Estancia, New Mexico		511		52,599		7,392		1,704		58,798		60,502			(19,667	)		1990
Webb County Detention Center	Laredo, Texas		498		20,160		5,792		2,101		24,349		26,450			(8,570	)		1998
West Tennessee Detention Facility	Mason, Tennessee		538		31,931		5,605		2,008		36,066		38,074			(13,405	)		1990
Wheeler Correctional Facility	Alamo, Georgia		117		30,781		41,426		423		71,901		72,324			(17,155	)		1998
Whiteville Correctional Facility	Whiteville, Tennessee		303		51,694		3,991		1,571		54,417		55,988			(18,044	)		1998

Totals		$	58,775	$	2,171,312	$	885,268	$	100,295	$	2,970,799	$	3,071,094		$	(815,980	)

NOTES TO SCHEDULE III—REAL ESTATE AND ACCUMULATED DEPRECIATION

(A)	Depreciation is calculated using estimated useful lives of depreciable assets up to 50 years for prison facilities.

(B)	CCA recorded non-cash impairments during the fourth quarter of 2014 to write down the book values of the Queensgate and Mineral Wells facilities to the estimated fair values assuming asset sales for uses other than correctional facilities.

CORRECTIONS CORPORATION OF AMERICA AND SUBSIDIARIES

SCHEDULE III – REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

FOR THE YEARS ENDED DECEMBER 31, 2014, 2013, AND 2012

(in thousands)


	For the Years Ended December 31,
	2014			2013			2012
Investment in Real Estate:
Balance at beginning of period	$	3,078,902		$	3,049,672		$	2,972,528
Additions through capital expenditures		45,929			30,376			77,233
Sale of real estate for cash		(4,368	)		(554	)		(81	)
Asset impairments		(49,247	)		—			—
Reclassifications and other		(122	)		(592	)		(8	)

Balance at end of period	$	3,071,094		$	3,078,902		$	3,049,672

Accumulated Depreciation:
Balance at beginning of period	$	(755,761	)	$	(680,965	)	$	(607,771	)
Depreciation		(79,745	)		(75,069	)		(73,260	)
Disposals		118			273			66
Asset impairments		19,408			—			—

Balance at end of period	$	(815,980	)	$	(755,761	)	$	(680,965	)