SEGMENT REPORTING

3 Months Ended

Mar. 31, 2019

SEGMENT REPORTING

10. SEGMENT REPORTING

As of March 31, 2019, CoreCivic operated 51 correctional and detention facilities, 44 of which the Company owned.  In addition, CoreCivic owned and operated 27 residential reentry centers and owned 27 properties that it leased to third parties.  Management views CoreCivic's operating results in three operating segments, CoreCivic Safety, CoreCivic Community, and CoreCivic Properties.  CoreCivic Safety includes the operating results of those correctional and detention facilities placed into service that were owned, or controlled via a long-term lease, and managed by CoreCivic, as well as those correctional and detention facilities owned by a third party and managed by CoreCivic.  CoreCivic Safety also includes the operating results of TransCor America, LLC, a subsidiary of the Company that provides transportation services to governmental agencies.  CoreCivic Community includes the operating results of those residential reentry centers placed into service that were owned, or controlled via a long-term lease, and managed by CoreCivic.  CoreCivic Community also includes the operating results of Rocky Mountain Offender Management Systems, LLC and Recovery Monitoring Solutions Corporation, subsidiaries of the Company that provide electronic monitoring and case management services. CoreCivic Properties includes the operating results of those properties leased to third parties.  The operating performance of the three segments can be measured based on their net operating income.  CoreCivic defines facility net operating income as a facility's revenues less operating expenses.  

The revenue and net operating income for each of the three segments and a reconciliation to CoreCivic's operating income is as follows for the three months ended March 31, 2019 and 2018 (in thousands):

	For the Three Months Ended March 31,
	2019			2018
Revenue:
Safety	$	434,318		$	404,498
Community		30,566			24,800
Properties		19,112			11,615
Total segment revenue		483,996			440,913
Operating expenses:
Safety		316,595			296,503
Community		23,496			19,367
Properties		5,652			3,114
Total segment operating expenses		345,743			318,984
Facility net operating income:
Safety		117,723			107,995
Community		7,070			5,433
Properties		13,460			8,501
Total facility net operating income		138,253			121,929
Other revenue (expense):
Other revenue		68			3
Other operating expense		(89	)		(167	)
General and administrative		(29,445	)		(24,971	)
Depreciation and amortization		(35,523	)		(38,089	)
Operating income	$	73,264		$	58,705

The following table summarizes capital expenditures including accrued amounts for the three months ended March 31, 2019 and 2018 (in thousands):

	For the Three Months Ended March 31,
	2019		2018
Capital expenditures:
Safety	$	19,956	$	11,470
Community		1,463		7,147
Properties		15,903		40,994
Corporate and other		3,472		6,641
Total capital expenditures	$	40,794	$	66,252

The total assets are as follows (in thousands):

	March 31, 2019		December 31, 2018
Assets:
Safety	$	2,643,099	$	2,621,880
Community		281,842		281,198
Properties		630,198		606,770
Corporate and other		115,241		145,812
Total Assets	$	3,670,380	$	3,655,660