BASIS OF PRESENTATION AND SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)

3 Months Ended

Mar. 31, 2016

Schedule of Financial Instruments Having Difference Between Carrying Amount and Fair Value

At March 31, 2016 and December 31, 2015, 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):

	March 31, 2016						December 31, 2015
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Investment in direct financing lease	$	2,617		$	2,737		$	3,223		$	3,408
Note receivable from Agecraft Prison Management, LTD	$	3,401		$	5,659		$	3,504		$	5,864
Debt	$	(1,417,750	)	$	(1,444,094	)	$	(1,464,000	)	$	(1,452,719	)