SEGMENT REPORTING

9 Months Ended

Sep. 30, 2020

SEGMENT REPORTING

10. SEGMENT REPORTING

As of September 30, 2020, CoreCivic operated 49 correctional and detention facilities, 42 of which the Company owned.  In addition, CoreCivic owned and operated 27 residential reentry centers and owned 57 properties for lease 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 the Company's 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 and nine months ended September 30, 2020 and 2019 (in thousands):

	For the Three Months Ended September 30,						For the Nine Months Ended September 30,
	2020			2019			2020			2019
Revenue:
Safety	$	420,032		$	457,817		$	1,281,914		$	1,332,545
Community		24,067			30,848			80,670			92,120
Properties		24,134			19,828			69,296			58,083
Total segment revenue		468,233			508,493			1,431,880			1,482,748
Operating expenses:
Safety		319,335			338,116			973,811			971,706
Community		21,095			24,168			67,745			70,750
Properties		7,411			6,230			21,271			17,377
Total segment operating expenses		347,841			368,514			1,062,827			1,059,833
Facility net operating income:
Safety		100,697			119,701			308,103			360,839
Community		2,972			6,680			12,925			21,370
Properties		16,723			13,598			48,025			40,706
Total facility net operating income		120,392			139,979			369,053			422,915
Other revenue (expense):
Other revenue		33			29			128			132
Other operating expense		(86	)		(221	)		(342	)		(413	)
General and administrative		(35,883	)		(32,038	)		(97,307	)		(94,847	)
Depreciation and amortization		(37,865	)		(36,654	)		(114,436	)		(107,768	)
Contingent consideration for acquisition of businesses		(620	)		—			(620	)		—
Asset impairments		(805	)		—			(13,058	)		(4,706	)
Operating income	$	45,166		$	71,095		$	143,418		$	215,313

The following table summarizes capital expenditures including accrued amounts for the three and nine months ended September 30, 2020 and 2019 (in thousands):

	For the Three Months Ended September 30,				For the Nine Months Ended September 30,
	2020		2019		2020		2019
Capital expenditures:
Safety	$	11,856	$	19,088	$	25,261	$	58,015
Community		515		657		1,553		3,381
Properties		3,177		20,235		102,446		80,329
Corporate and other		1,239		4,878		4,859		13,049
Total capital expenditures	$	16,787	$	44,858	$	134,119	$	154,774

The total assets are as follows (in thousands):

	September 30, 2020		December 31, 2019
Assets:
Safety	$	2,593,986	$	2,606,127
Community		250,022		275,882
Properties		784,397		682,249
Corporate and other		412,798		227,373
Total Assets	$	4,041,203	$	3,791,631