CORECIVIC, INC. AND SUBSIDIARIES

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

DECEMBER 31, 2016

(in thousands)


Description	Location	Initial Cost to Company				Cost Capitalized Subsequent to Acquisition		Gross Amount at Which Carried at Close of Period								Accumulated Depreciation (B)			Date Constructed/ Acquired
Description	Location	Land		Buildings and Improvements		Cost Capitalized Subsequent to Acquisition		Land and Land Improvements		Buildings and Leasehold Improvements		Total (A)				Accumulated Depreciation (B)			Date Constructed/ Acquired
Adams County Correctional Center	Adams County, Mississippi	$	874	$	119,565	$	2,876	$	1,084	$	122,231	$	123,315			$	(20,086	)	2008
Austin Residential Reentry Center	Del Valle, Texas		4,190		1,058	$	301	$	4,191	$	1,358	$	5,549			$	(81	)	2015
Austin Transitional Center	Del Valle, Texas		19,488		4,607	$	868	$	19,497	$	5,466	$	24,963			$	(279	)	2015
Bent County Correctional Facility	Las Animas, Colorado		550		13,115	$	67,054	$	1,331	$	79,388	$	80,719			$	(22,024	)	1992
Bridgeport Pre-Parole Transfer Facility	Bridgeport, Texas		70		291	$	588	$	209	$	740	$	949			$	(552	)	1995
Broad Street Residential Reentry Center	Philadelphia, Pennsylvania		663		2,700	$	—	$	663	$	2,700	$	3,363			$	(96	)	2015
CAI Boston Avenue	San Diego, California		800		11,440	$	674	$	834	$	12,080	$	12,914			$	(1,330	)	2013
California City Correctional Center	California City, California		1,785		125,337	$	9,192	$	2,542	$	133,772	$	136,314			$	(45,442	)	1999
Carver Transitional Center	Oklahoma City, Oklahoma		8,562		4,631	$	980	$	8,563	$	5,610	$	14,173			$	(274	)	2015
Centennial Community Transition Center	Englewood, Colorado		4,905		1,256	$	131	$	4,907	$	1,385	$	6,292			$	(37	)	2016
Central Arizona Detention Center	Florence, Arizona		1,298		57,857	$	32,720	$	3,091	$	88,784	$	91,875			$	(32,861	)	1994
Chester Residential Reentry Center	Chester, Pennsylvania		657		2,679	$	—	$	657	$	2,679	$	3,336			$	(95	)	2015
Cheyenne Transitional Center	Cheyenne, Wyoming		5,567		2,092	$	405	$	5,567	$	2,497	$	8,064			$	(130	)	2015
Cibola County Corrections Center	Milan, New Mexico		444		16,215	$	30,204	$	1,323	$	45,540	$	46,863			$	(17,433	)	1994
Cimarron Correctional Facility	Cushing, Oklahoma		250		71,303	$	43,179	$	598	$	114,134	$	114,732			$	(33,999	)	1997
Coffee Correctional Facility	Nicholls, Georgia		194		28,361	$	49,191	$	848	$	76,898	$	77,746			$	(20,721	)	1998
Columbine Facility	Denver, Colorado		1,414		488	$	99	$	1,415	$	586	$	2,001			$	(16	)	2016
Corpus Christi Transitional Center	Corpus Christi, Texas		—		1,886	$	407	$	—	$	2,293	$	2,293			$	(279	)	2015
Crossroads Correctional Center	Shelby, Montana		413		33,196	$	8,525	$	1,173	$	40,961	$	42,134			$	(33,236	)	1999
Crowley County Correctional Facility	Olney Springs, Colorado		211		46,845	$	28,846	$	2,481	$	73,421	$	75,902			$	(21,483	)	2003
D.C. Correctional Treatment Facility	Washington, D.C.		—		—	$	6,131	$	71	$	6,060	$	6,131			$	(6,022	)	2001
Dahlia Facility	Denver, Colorado		6,788		727	$	86	$	6,788	$	813	$	7,601			$	(22	)	2016
Dallas Transitional Center	Hutchins, Texas		—		3,852	$	1,699	$	—	$	5,551	$	5,551			$	(377	)	2015
Davis Correctional Facility	Holdenville, Oklahoma		250		66,701	$	40,340	$	890	$	106,401	$	107,291			$	(32,059	)	1996
Diamondback Correctional Facility	Watonga, Oklahoma		208		41,677	$	22,585	$	567	$	63,903	$	64,470			$	(22,931	)	1998
Eden Detention Center	Eden, Texas		925		27,645	$	33,793	$	5,502	$	56,861	$	62,363			$	(21,094	)	1995
El Paso Multi-Use Facility	El Paso, Texas		14,936		4,536	$	1,005	$	14,936	$	5,541	$	20,477			$	(287	)	2015
El Paso Transitional Center	El Paso, Texas		10,325		4,198	$	700	$	10,325	$	4,898	$	15,223			$	(240	)	2015
Eloy Detention Center	Eloy, Arizona		498		33,308	$	14,784	$	1,851	$	46,739	$	48,590			$	(18,207	)	1995
Florence Correctional Center	Florence, Arizona		—		75,674	$	11,783	$	1,043	$	86,414	$	87,457			$	(29,198	)	1999
Fort Worth Transitional Center	Fort Worth, Texas		3,251		334	$	244	$	3,252	$	577	$	3,829			$	(217	)	2015
Fox Facility and Training Center	Denver, Colorado		3,038		1,203	$	143	$	3,038	$	1,346	$	4,384			$	(36	)	2016
Houston Processing Center	Houston, Texas		2,250		53,373	$	39,307	$	3,429	$	91,501	$	94,930			$	(31,768	)	1984
Huerfano County Correctional Center	Walsenburg, Colorado		124		26,358	$	4,095	$	984	$	29,593	$	30,577			$	(13,034	)	1997
Jenkins Correctional Center	Millen, Georgia		208		48,158	$	122	$	237	$	48,251	$	48,488			$	(4,687	)	2012
Kit Carson Correctional Center	Burlington, Colorado		432		35,980	$	43,439	$	1,048	$	78,803	$	79,851			$	(21,032	)	1998
La Palma Correctional Center	Eloy, Arizona		283		183,155	$	13,241	$	483	$	196,196	$	196,679			$	(35,449	)	2008
Lake Erie Correctional Institution	Conneaut, Ohio		2,871		69,779	$	3,909	$	3,669	$	72,890	$	76,559			$	(7,702	)	2011
Laredo Processing Center	Laredo, Texas		788		26,737	$	2,263	$	968	$	28,820	$	29,788			$	(11,050	)	1985
Leavenworth Detention Center	Leavenworth, Kansas		130		44,970	$	43,100	$	487	$	87,713	$	88,200			$	(26,984	)	1992
Lee Adjustment Center	Beattyville, Kentucky		500		515	$	16,089	$	1,217	$	15,887	$	17,104			$	(6,763	)	1998
Leo Chesney Correctional Center	Live Oak, California		250		4,774	$	1,577	$	250	$	6,351	$	6,601			$	(2,801	)	1989
Long Beach Community Corrections Center	Long Beach, California		5,038		2,413	$	—	$	5,038	$	2,413	$	7,451			$	(35	)	2016
Longmont Community Treatment Center	Longmont, Colorado		3,364		582	$	71	$	3,363	$	654	$	4,017			$	(18	)	2016
Marion Adjustment Center	St. Mary, Kentucky		250		9,994	$	8,302	$	915	$	17,631	$	18,546			$	(6,411	)	1998
McRae Correctional Facility	McRae, Georgia		462		60,396	$	18,088	$	1,095	$	77,851	$	78,946			$	(19,407	)	2000
Mineral Wells Pre-Parole Transfer Facility	Mineral Wells, Texas		176		22,589	$	—	$	100	$	—	$	100	(C	)	$	—		1995
Nevada Southern Detention Center	Pahrump, Nevada		7,548		64,362	$	10,011	$	8,330	$	73,591	$	81,921			$	(11,086	)	2010
North Fork Correctional Facility	Sayre, Oklahoma		—		42,166	$	59,619	$	355	$	101,430	$	101,785			$	(29,000	)	1998
Northeast Ohio Correctional Center	Youngstown, Ohio		750		39,583	$	8,776	$	1,854	$	47,255	$	49,109			$	(18,145	)	1997
Northwest New Mexico Correctional Center	Grants, New Mexico		142		15,888	$	14,706	$	816	$	29,920	$	30,736			$	(12,590	)	1989
Otay Mesa Detention Center	San Diego, California		28,845		114,411	$	8,779	$	37,005	$	115,030	$	152,035	(D	)	$	(3,893	)	2015
Prairie Correctional Facility	Appleton, Minnesota		100		22,306	$	9,008	$	1,065	$	30,349	$	31,414			$	(14,343	)	1991
Queensgate Correctional Facility	Cincinnati, Ohio		750		15,221	$	498	$	340	$	498	$	838	(C	)	$	(30	)	1998
Red Rock Correctional Center	Eloy, Arizona		10		78,456	$	49,875	$	256	$	128,085	$	128,341			$	(25,469	)	2006
Roth Hall Residential Reentry Center	Philadelphia, PA		654		2,693	$	—	$	654	$	2,693	$	3,347			$	(96	)	2015
Saguaro Correctional Facility	Eloy, Arizona		193		98,903	$	585	$	483	$	99,198	$	99,681			$	(19,218	)	2007
San Diego Correctional Facility	San Diego, California		—		92,458	$	—	$	—	$	—	$	—	(D	)	$	—		1999
Shelby Training Center	Memphis, Tennessee		150		6,393	$	3,076	$	275	$	9,344	$	9,619			$	(9,422	)	1986
South Texas Family Residential Center	Dilley, Texas		—		146,974	$	8,714	$	35	$	155,653	$	155,688	(E	)	$	(72,525	)	2015
Southeast Kentucky Correctional Facility	Wheelwright, Kentucky		500		24,487	$	11,525	$	1,586	$	34,926	$	36,512			$	(13,894	)	1998
Stewart Detention Center	Lumpkin, Georgia		143		70,560	$	15,710	$	1,125	$	85,288	$	86,413			$	(19,838	)	2004
T. Don Hutto Residential Center	Taylor, Texas		183		13,418	$	4,171	$	591	$	17,181	$	17,772			$	(7,254	)	1997
Tallahatchie County Correctional Facility	Tutwiler, Mississippi		—		44,638	$	95,307	$	1,538	$	138,407	$	139,945			$	(41,313	)	2000
Torrance County Detention Facility	Estancia, New Mexico		511		52,599	$	7,923	$	1,704	$	59,329	$	61,033			$	(22,923	)	1990
Trousdale Turner Correctional Center	Hartsville, TN		649		135,412	$	4,191	$	1,617	$	138,635	$	140,252			$	(3,021	)	2015
Tulsa Transitional Center	Tulsa, OK		8,206		4,061	$	738	$	8,206	$	4,799	$	13,005			$	(239	)	2015
Turley Residential Center	Tulsa, OK		421		4,105	$	835	$	421	$	4,940	$	5,361			$	(256	)	2015
Ulster Facility	Denver, Colorado		4,068		442	$	44	$	4,068	$	486	$	4,554			$	(13	)	2016
Walker Hall Residential Reentry Center	Philadelphia, PA		654		2,693	$	1	$	654	$	2,694	$	3,348			$	(96	)	2015
Webb County Detention Center	Laredo, Texas		498		20,160	$	5,985	$	2,126	$	24,517	$	26,643			$	(10,159	)	1998
West Tennessee Detention Facility	Mason, Tennessee		538		31,931	$	5,905	$	2,003	$	36,371	$	38,374			$	(15,493	)	1990
Wheeler Correctional Facility	Alamo, Georgia		117		30,781	$	44,564	$	423	$	75,039	$	75,462			$	(20,732	)	1998
Whiteville Correctional Facility	Whiteville, Tennessee		303		51,694	$	7,049	$	1,667	$	57,379	$	59,046			$	(21,021	)	1998

Totals		$	165,613	$	2,621,345	$	980,731	$	211,717	$	3,425,218	$	3,636,935			$	(960,354	)

NOTES TO SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

(A)

The aggregate cost of properties for federal income tax purposes is approximately $3.6 billion at December 31, 2016.

(B)

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

(C)

CoreCivic 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.

(D)

We transitioned operations from the 1,154-bed San Diego Correctional Facility to the newly constructed 1,482-bed Otay Mesa Detention Center in the fourth quarter of 2015. The San Diego Correctional Facility was subject to a ground lease with the County of San Diego. Upon expiration of the lease on December 31, 2015, ownership of the facility automatically reverted to the County of San Diego.

(E)

The South Texas Family Residential Center is subject to a lease agreement with a third-party lessor. This agreement resulted in CoreCivic being deemed the owner of the newly constructed assets for accounting purposes, in accordance with ASC 840-40-55, formerly Emerging Issues Task Force No. 97-10, “The Effect of Lessee Involvement in Asset Construction.”

CORECIVIC, INC. AND SUBSIDIARIES

SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION

FOR THE YEARS ENDED DECEMBER 31, 2016, 2015, AND 2014

(in thousands)


	For the Years Ended December 31,
	2016			2015			2014
Investment in Real Estate:
Balance at beginning of period	$	3,542,023		$	3,071,094		$	3,078,902
Additions through capital expenditures		54,678			433,481			45,929
Acquisitions		36,199			131,348			—
Sale of real estate for cash		—			—			(4,368	)
Asset Impairments		—			—			(49,247	)
Reclassifications and other		4,035			(93,900	)		(122	)

Balance at end of period	$	3,636,935		$	3,542,023		$	3,071,094

Accumulated Depreciation:
Balance at beginning of period	$	(834,558	)	$	(815,980	)	$	(755,761	)
Depreciation		(125,913	)		(113,611	)		(79,745	)
Disposals/Other		117			95,033			118
Asset Impairments		—			—			19,408

Balance at end of period	$	(960,354	)	$	(834,558	)	$	(815,980	)