10.	SEGMENT REPORTING

As of June 30, 2017, CoreCivic owned and managed 66 facilities, and managed 10 facilities it did not own. In addition, CoreCivic owned eight facilities that it leased to third-party operators. Management views CoreCivic's operating results in one operating segment. However, the Company has chosen to report financial performance segregated for (1) owned and managed facilities and (2) managed-only facilities as the Company believes this information is useful to users of the financial statements. Owned and managed facilities include the operating results of those facilities placed into service that were owned or controlled via a long-term lease and managed by CoreCivic. Managed-only facilities include the operating results of those facilities owned by a third party and managed by CoreCivic. The operating performance of the owned and managed and the managed-only facilities can be measured based on their net operating income. CoreCivic defines facility net operating income as a facility’s operating income or loss from operations before interest, taxes, asset impairments, depreciation, and amortization.

The revenue and net operating income for the owned and managed and the managed-only facilities and a reconciliation to CoreCivic’s operating income is as follows for the three and six months ended June 30, 2017 and 2016 (in thousands):

	For the Three Months Ended June 30,						For the Six Months Ended June 30,
	2017			2016			2017			2016
Revenue:
Owned and managed	$	374,849		$	401,931		$	759,552		$	790,552
Managed-only		50,871			51,346			101,432			101,176
Total management revenue		425,720			453,277			860,984			891,728
Operating expenses:
Owned and managed		254,611			266,249			516,883			529,672
Managed-only		46,017			44,218			92,742			89,309
Total operating expenses		300,628			310,467			609,625			618,981
Facility net operating income:
Owned and managed		120,238			135,682			242,669			260,880
Managed-only		4,854			7,128			8,690			11,867
Total facility net operating income		125,092			142,810			251,359			272,747
Other revenue (expense):
Rental and other revenue		10,673			10,054			21,093			18,988
Other operating expense		(7,269	)		(5,979	)		(13,575	)		(11,383	)
General and administrative		(26,417	)		(27,364	)		(51,243	)		(53,844	)
Depreciation and amortization		(36,800	)		(42,345	)		(73,057	)		(84,404	)
Asset impairments		—			—			(259	)		—
Operating income	$	65,279		$	77,176		$	134,318		$	142,104

The following table summarizes capital expenditures including accrued amounts for the three and six months ended June 30, 2017 and 2016 (amounts in thousands):

	For the Three Months Ended June 30,				For the Six Months Ended June 30,
	2017		2016		2017		2016
Capital expenditures:
Owned and managed	$	18,089	$	59,453	$	34,929	$	70,731
Managed-only		1,034		686		1,814		1,341
Corporate and other		3,510		11,215		7,096		12,209
Total capital expenditures	$	22,633	$	71,354	$	43,839	$	84,281

The total assets are as follows (in thousands):

	June 30, 2017		December 31, 2016
Assets:
Owned and managed	$	2,798,003	$	2,841,799
Managed-only		59,282		62,292
Corporate and other		367,031		367,513
Total assets	$	3,224,316	$	3,271,604