STOCKHOLDERS' EQUITY (Tables)

12 Months Ended

Dec. 31, 2016

Tax Characterization of Dividends per Share on Common Shares

The tax characterization of dividends per share on common shares as reported to stockholders was as follows for the years ended December 31, 2016, 2015, and 2014:


Declaration Date	Record Date	Payable Date	Ordinary Income			Return of Capital			Total Per Share
February 20, 2014	April 2, 2014	April 15, 2014		0.51	⁽¹⁾		—		$	0.51
May 15, 2014	July 2, 2014	July 15, 2014		0.51	⁽¹⁾		—		$	0.51
August 14, 2014	October 2, 2014	October 15, 2014		0.51	⁽¹⁾		—		$	0.51
December 11, 2014	January 2, 2015	January 15, 2015		0.382836	⁽²⁾		0.127164		$	0.51
February 20, 2015	April 2, 2015	April 15, 2015		0.405355	⁽³⁾		0.134645		$	0.54
May 14, 2015	July 2, 2015	July 15, 2015		0.405355	⁽³⁾		0.134645		$	0.54
August 13, 2015	October 2, 2015	October 15, 2015		0.405355	⁽³⁾		0.134645		$	0.54
December 10, 2015	January 4, 2016	January 15, 2016		0.487167	⁽⁴⁾		0.052833		$	0.54
February 19, 2016	April 1, 2016	April 15, 2016		0.487167	⁽⁴⁾		0.052833		$	0.54
May 12, 2016	July 1, 2016	July 15, 2016		0.487167	⁽⁴⁾		0.052833		$	0.54
August 11, 2016	October 3, 2016	October 17, 2016		0.487167	⁽⁴⁾		0.052833		$	0.54
December 8, 2016	January 3, 2017	January 13, 2017		—	⁽⁵⁾		—	⁽⁵⁾	$	0.42

⁽¹⁾	$0.076573 of this amount constitutes a “Qualified Dividend”, as defined by the IRS.

⁽²⁾	$0.048357 of this amount constitutes a “Qualified Dividend”, as defined by the IRS.

⁽³⁾	$0.051202 of this amount constitutes a “Qualified Dividend”, as defined by the IRS.

⁽⁴⁾	$0.030979 of this amount constitutes a “Qualified Dividend”, as defined by the IRS.

⁽⁵⁾	Taxable in 2017.

Summary of Nonvested Restricted Common Stock Transactions

Nonvested restricted common stock transactions as of December 31, 2016 and for the year then ended are summarized below (in thousands, except per share amounts).


	Shares of restricted common stock and RSUs			Weighted average grant date fair value
Nonvested at December 31, 2015		975		$	36.65
Granted		635		$	29.08
Cancelled		(152	)	$	31.53
Vested		(414	)	$	36.52

Nonvested at December 31, 2016		1,044		$	32.84

Summary of Stock Option Transactions Relating to Non-Qualified Stock Option Plans

Stock option transactions relating to CoreCivic’s non-qualified stock option plans are summarized below (in thousands, except exercise prices):

No. of
options

Weighted-
Average
Exercise Price
of options

Weighted-
Average
Remaining
Contractual
Term

Aggregate
Intrinsic
Value

Outstanding at December 31, 2015

1,467

20.37

Granted

—

Exercised

(140

)

18.81

Cancelled

—

Outstanding at December 31, 2016

1,327

20.53

3.2

5,442

Exercisable at December 31, 2016

1,327

20.53

3.2

5,442

Summary of Nonvested Stock Option Transactions Relating to Non-Qualified Stock Option Plans

Nonvested stock option transactions relating to CoreCivic’s non-qualified stock option plans as of December 31, 2016 and changes during the year ended December 31, 2016 are summarized below (in thousands, except grant date fair values):


	Number of options			Weighted average grant date fair value
Nonvested at December 31, 2015		51		$	6.50
Granted		—		$	—
Cancelled		—		$	—
Vested		(51	)	$	6.50

Nonvested at December 31, 2016		—		$	—