10.	SEGMENT REPORTING

As of September 30, 2017, CoreCivic owned and managed 67 facilities, and managed seven facilities it did not own. In addition, CoreCivic owned 12 properties that it leased to third-parties. 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 nine months ended September 30, 2017 and 2016 (in thousands):

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2017			2016			2017			2016
Revenue:
Owned and managed	$	382,217		$	411,614		$	1,141,769		$	1,202,166
Managed-only		47,675			52,440			149,107			153,616
Total management revenue		429,892			464,054			1,290,876			1,355,782
Operating expenses:
Owned and managed		266,471			272,970			783,354			802,642
Managed-only		44,005			47,232			136,747			136,541
Total operating expenses		310,476			320,202			920,101			939,183
Facility net operating income:
Owned and managed		115,746			138,644			358,415			399,524
Managed-only		3,670			5,208			12,360			17,075
Total facility net operating income		119,416			143,852			370,775			416,599
Other revenue (expense):
Rental and other revenue		12,953			10,881			34,046			29,869
Other operating expense		(6,389	)		(6,147	)		(19,964	)		(17,530	)
General and administrative		(28,303	)		(27,699	)		(79,546	)		(81,543	)
Depreciation and amortization		(36,507	)		(42,924	)		(109,564	)		(127,328	)
Restructuring charges		—			(4,010	)		—			(4,010	)
Asset impairments		(355	)		—			(614	)		—
Operating income	$	60,815		$	73,953		$	195,133		$	216,057

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

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2017		2016		2017		2016
Capital expenditures:
Owned and managed	$	18,701	$	17,687	$	53,630	$	88,418
Managed-only		1,576		1,793		3,390		3,134
Corporate and other		11,862		3,518		18,958		15,727
Total capital expenditures	$	32,139	$	22,998	$	75,978	$	107,279

The total assets are as follows (in thousands):

	September 30, 2017		December 31, 2016
Assets:
Owned and managed	$	2,796,248	$	2,841,799
Managed-only		69,424		62,292
Corporate and other		377,094		367,513
Total assets	$	3,242,766	$	3,271,604