SEGMENT REPORTING

12 Months Ended

Dec. 31, 2021

SEGMENT REPORTING

16. SEGMENT REPORTING

As of December 31, 2021, CoreCivic operated 46 correctional and detention facilities, 41 of which the Company owned.  In addition, CoreCivic owned and operated 26 residential reentry centers and owned 10 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 years ended December 31, 2021, 2020, and 2019 (in thousands):

	For the Years Ended December 31,
	2021			2020			2019
Revenue:
Safety	$	1,693,968		$	1,706,232		$	1,779,958
Community		99,435			105,990			123,265
Properties		68,934			93,098			77,307
Total segment revenue		1,862,337			1,905,320			1,980,530
Operating expenses:
Safety		1,236,938			1,288,938			1,304,121
Community		81,610			88,903			95,159
Properties		18,155			28,128			22,803
Total segment operating expenses		1,336,703			1,405,969			1,422,083
Facility net operating income:
Safety		457,030			417,294			475,837
Community		17,825			17,087			28,106
Properties		50,779			64,970			54,504
Total facility net operating income		525,634			499,351			558,447
Other revenue (expense):
Other revenue		279			165			159
Other operating expense		(362	)		(407	)		(686	)
General and administrative		(135,770	)		(124,338	)		(127,078	)
Depreciation and amortization		(134,738	)		(150,861	)		(144,572	)
Contingent consideration for acquisition    of businesses		—			(620	)		—
Shareholder litigation expense		(54,295	)		—			—
Asset impairments		(11,378	)		(60,628	)		(4,706	)
Interest expense, net		(85,542	)		(83,299	)		(84,401	)
Expenses associated with debt repayments    and refinancing transactions		(56,279	)		(7,141	)		(602	)
Gain (loss) on sale of real estate assets, net		38,766			(13,023	)		287
Other income (expense)		(212	)		525			(123	)
Income before income taxes	$	86,103		$	59,724		$	196,725

The following table summarizes capital expenditures including accrued amounts for the years ended December 31, 2021, 2020, and 2019 (in thousands):

	For the Years Ended December 31,
	2021		2020		2019
Capital expenditures:
Safety	$	56,978	$	42,577	$	77,662
Community		2,631		2,548		5,859
Properties		9,081		107,487		95,109
Corporate and other		12,804		6,877		12,111
Total capital expenditures	$	81,494	$	159,489	$	190,741

The total assets are as follows (in thousands):

	December 31,
	2021		2020
Assets:
Safety	$	2,532,319	$	2,589,622
Community		233,179		234,475
Properties		352,681		676,374
Corporate and other		380,759		208,844
Total assets	$	3,498,938	$	3,709,315