CoreCivic Inc
For the period ended Dec 31, 2023. Filed Feb 20, 2024.
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FY2023 · Filed Feb 20, 2024
CXW$29.83+4.0%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Schedule III
| Initial Cost toCompany · Gross Amount at Which Carried atClose of Period | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description · Location · Land · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition · Land and LandImprovements · Buildings andLeaseholdImprovements · Total (A) · Accumulated Depreciation (B) · DateConstructed/Acquired | ||||||||||
| Adams County Correctional Center | Adams County, Mississippi | $874 | $119,565 | $4,661 | $1,194 | $123,906 | $125,100 | $(38,202) | 2008 | |
| Adams Transitional Center | Denver, Colorado | 6,090 | 853 | 820 | 6,347 | 1,416 | 7,763 | (390) | 2017 | |
| Allen Gamble Correctional Center | Holdenville, Oklahoma | 250 | 66,701 | 48,718 | 1,400 | 114,269 | 115,669 | (49,840) | 1996 | |
| Arapahoe Community Treatment Center | Englewood, Colorado | 3,760 | 1,239 | 890 | 3,760 | 2,129 | 5,889 | (602) | 2017 | |
| Austin Residential Reentry Center | Del Valle, Texas | 4,190 | 1,058 | 385 | 4,215 | 1,418 | 5,633 | (557) | 2015 | |
| Austin Transitional Center | Del Valle, Texas | 19,488 | 4,607 | 1,167 | 19,506 | 5,756 | 25,262 | (1,872) | 2015 | |
| Bent County Correctional Facility | Las Animas, Colorado | 550 | 13,115 | 70,248 | 1,601 | 82,312 | 83,913 | (35,448) | 1992 | |
| Bridgeport Pre-Parole Transfer Facility | Bridgeport, Texas | 70 | 291 | — | 70 | — | 70 | (E) | - | 1995 |
| CAI Boston Avenue | San Diego, California | 800 | 11,440 | 1,309 | 845 | 12,704 | 13,549 | (4,777) | 2013 | |
| California City Correctional Center | California City, California | 1,785 | 125,337 | 18,071 | 3,103 | 142,090 | 145,193 | (69,763) | 1999 | |
| Centennial Community Transition Center | Englewood, Colorado | 4,905 | 1,256 | 554 | 5,021 | 1,694 | 6,715 | (547) | 2016 | |
| Central Arizona Florence Correctional Complex | Florence, Arizona | 1,298 | 133,531 | 57,032 | 5,113 | 186,748 | 191,861 | (96,454) | 1994/1999 | |
| Cheyenne Transitional Center | Cheyenne, Wyoming | 5,567 | 2,092 | 1,025 | 5,567 | 3,117 | 8,684 | (1,079) | 2015 | |
| Cibola County Corrections Center | Milan, New Mexico | 444 | 16,215 | 34,875 | 1,598 | 49,936 | 51,534 | (27,025) | 1994 | |
| Cimarron Correctional Facility | Cushing, Oklahoma | 250 | 71,303 | 52,215 | 910 | 122,858 | 123,768 | (53,470) | 1997 | |
| Coffee Correctional Facility (C) | Nicholls, Georgia | — | — | — | — | — | — | — | 1998 | |
| Columbine Facility | Denver, Colorado | 1,414 | 488 | 231 | 669 | 720 | 1,389 | (E) | (253) | 2016 |
| Commerce Transitional Center | Commerce City, Colorado | 5,166 | 1,758 | 488 | 5,171 | 2,241 | 7,412 | (491) | 2017 | |
| Corpus Christi Transitional Center | Corpus Christi, Texas | — | 1,886 | 622 | — | 2,508 | 2,508 | (1,992) | 2015 | |
| Crossroads Correctional Center | Shelby, Montana | 413 | 33,196 | 46,084 | 1,710 | 77,983 | 79,693 | (47,464) | 1999 | |
| Crowley County Correctional Facility | Olney Springs, Colorado | 211 | 46,845 | 34,874 | 2,605 | 79,325 | 81,930 | (36,309) | 2003 | |
| Dahlia Facility (D) | Denver, Colorado | 6,788 | 727 | 306 | 6,835 | 986 | 7,821 | (365) | 2016 | |
| Dallas Transitional Center | Hutchins, Texas | — | 3,852 | 1,945 | 23 | 5,774 | 5,797 | (2,411) | 2015 | |
| Diamondback Correctional Facility | Watonga, Oklahoma | 208 | 41,677 | 26,835 | 1,361 | 67,359 | 68,720 | (34,956) | 1998 | |
| Eden Detention Center | Eden, Texas | 925 | 27,645 | 41,066 | 5,673 | 63,963 | 69,636 | (32,061) | 1995 | |
| Initial Cost toCompany · Gross Amount at Which Carried atClose of Period | |||||||||
|---|---|---|---|---|---|---|---|---|---|
| Description | Location | Land | Buildings andImprovements | Cost CapitalizedSubsequent toAcquisition | Land and LandImprovements | Buildings andLeaseholdImprovements | Total (A) | Accumulated Depreciation (B) | DateConstructed/Acquired |
| El Paso Multi-Use Facility | El Paso, Texas | 14,936 | 4,536 | 2,055 | 14,973 | 6,554 | 21,527 | (2,201) | 2015 |
| El Paso Transitional Center | El Paso, Texas | 10,325 | 4,198 | 1,043 | 10,467 | 5,099 | 15,566 | (1,672) | 2015 |
| Eloy Detention Center | Eloy, Arizona | 498 | 33,308 | 19,840 | 2,326 | 51,320 | 53,646 | (31,312) | 1995 |
| Fort Worth Transitional Center | Fort Worth, Texas | 3,251 | 334 | 431 | 3,281 | 735 | 4,016 | (625) | 2015 |
| Houston Processing Center | Houston, Texas | 2,250 | 53,373 | 57,967 | 4,551 | 109,039 | 113,590 | (50,513) | 1984 |
| Huerfano County Correctional Center | Walsenburg, Colorado | 124 | 26,358 | 5,053 | 1,116 | 30,419 | 31,535 | (17,476) | 1997 |
| James River Residential Center | Newport News, Virginia | 800 | 501 | 140 | 814 | 627 | 1,441 | (78) | 2019 |
| Jenkins Correctional Center (C) | Millen, Georgia | — | — | — | — | — | — | — | 2012 |
| Kit Carson Correctional Center | Burlington, Colorado | 432 | 35,978 | 44,749 | 1,051 | 80,108 | 81,159 | (33,521) | 1998 |
| La Palma Correctional Center | Eloy, Arizona | 283 | 183,155 | 18,125 | 2,677 | 198,886 | 201,563 | (67,080) | 2008 |
| Lake Erie Correctional Institution | Conneaut, Ohio | 2,871 | 69,779 | 7,667 | 4,280 | 76,037 | 80,317 | (21,913) | 2011 |
| Laredo Processing Center | Laredo, Texas | 788 | 26,737 | 3,944 | 986 | 30,483 | 31,469 | (16,287) | 1985 |
| Lee Adjustment Center | Beattyville, Kentucky | 500 | 515 | 20,601 | 1,285 | 20,331 | 21,616 | (10,892) | 1998 |
| Leo Chesney Correctional Center | Live Oak, California | 250 | 4,774 | 1,862 | 265 | 6,621 | 6,886 | (4,039) | 1989 |
| Longmont Community Treatment Center | Longmont, Colorado | 3,364 | 582 | 352 | 3,363 | 935 | 4,298 | (242) | 2016 |
| Marion Adjustment Center | St Mary,Kentucky | 250 | 9,994 | 9,060 | 925 | 18,379 | 19,304 | (9,336) | 1998 |
| Midwest Regional Reception Center | Leavenworth, Kansas | 130 | 44,970 | 46,065 | 1,054 | 90,111 | 91,165 | (41,429) | 1992 |
| Nevada Southern Detention Center | Pahrump, Nevada | 7,548 | 64,362 | 12,514 | 8,458 | 75,966 | 84,424 | (24,498) | 2010 |
| North Fork Correctional Facility | Sayre, Oklahoma | — | 42,166 | 65,130 | 717 | 106,579 | 107,296 | (47,252) | 1998 |
| Northeast Ohio Correctional Center | Youngstown, Ohio | 750 | 39,583 | 16,634 | 2,289 | 54,678 | 56,967 | (29,970) | 1997 |
| Northwest New Mexico Correctional Center | Grants, New Mexico | 142 | 15,888 | 23,400 | 1,228 | 38,202 | 39,430 | (21,729) | 1989 |
| Oklahoma Reentry Opportunity Center | Oklahoma City,Oklahoma | 8,562 | 4,631 | 1,611 | 8,603 | 6,201 | 14,804 | (2,070) | 2015 |
| Otay Mesa Detention Center | San Diego, California | 28,845 | 114,411 | 48,099 | 37,104 | 154,251 | 191,355 | (24,921) | 2015/2019 |
| Prairie Correctional Facility | Appleton, Minnesota | 100 | 22,306 | 11,799 | 1,068 | 33,137 | 34,205 | (20,975) | 1991 |
| Recovery Monitoring Solutions | Dallas, Texas | 1,152 | 1,979 | 523 | 1,280 | 2,374 | 3,654 | (641) | 2018 |
| Initial Cost toCompany · Gross Amount at Which Carried atClose of Period | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Description · Location · Land · Buildings andImprovements · Cost CapitalizedSubsequent toAcquisition · Land and LandImprovements · Buildings andLeaseholdImprovements · Total (A) · Accumulated Depreciation (B) · DateConstructed/Acquired | ||||||||||
| Red Rock Correctional Center (C) | Eloy, Arizona | — | — | — | — | — | — | — | 2006 | |
| Saguaro Correctional Facility | Eloy, Arizona | 193 | 98,903 | 6,736 | 3,040 | 102,792 | 105,832 | (34,854) | 2007 | |
| South Raleigh Reentry Center | Raleigh, North Carolina | 277 | 663 | 75 | 298 | 717 | 1,015 | (99) | 2019 | |
| Southeast Kentucky Correctional Facility | Wheelwright, Kentucky | 500 | 24,487 | 20,198 | 2,587 | 42,598 | 45,185 | (20,701) | 1998 | |
| Stewart Detention Center | Lumpkin, Georgia | 143 | 70,560 | 23,865 | 1,654 | 92,914 | 94,568 | (40,558) | 2004 | |
| T. Don Hutto Residential Center | Taylor, Texas | 183 | 13,418 | 13,160 | 982 | 25,779 | 26,761 | (10,964) | 1997 | |
| Tallahatchie County Correctional Facility | Tutwiler, Mississippi | — | 44,638 | 109,263 | 2,373 | 151,528 | 153,901 | (68,614) | 2000 | |
| Torrance County Detention Facility | Estancia, New Mexico | 511 | 52,599 | 14,659 | 1,994 | 65,775 | 67,769 | (34,359) | 1990 | |
| Trousdale Turner Correctional Center | Hartsville, Tennessee | 649 | 135,412 | 6,051 | 2,004 | 140,108 | 142,112 | (23,480) | 2015 | |
| Tulsa Transitional Center | Tulsa, Oklahoma | 8,206 | 4,061 | 731 | 606 | 2,839 | 3,445 | (E) | (1,209) | 2015 |
| Turley Residential Center | Tulsa, Oklahoma | 421 | 4,105 | 1,203 | 432 | 5,297 | 5,729 | (1,789) | 2015 | |
| Webb County Detention Center | Laredo, Texas | 498 | 20,161 | 7,023 | 2,330 | 25,352 | 27,682 | (15,469) | 1998 | |
| West Tennessee Detention Facility | Mason, Tennessee | 538 | 31,931 | 8,585 | 2,174 | 38,880 | 41,054 | (22,486) | 1990 | |
| Wheeler Correctional Facility (C) | Alamo, Georgia | — | — | — | — | — | — | — | 1998 | |
| Whiteville Correctional Facility | Whiteville, Tennessee | 303 | 51,694 | 9,619 | 1,671 | 59,945 | 61,616 | (32,999) | 1998 | |
| Totals | $166,019 | $2,083,727 | $1,084,253 | $220,603 | $3,102,808 | $3,323,411 | $(1,324,581) | |||
NOTES TO SCHEDULE III - REAL ESTATE ASSETS AND ACCUMULATED DEPRECIATION
(A) The aggregate cost of properties for federal income tax purposes is approximately $3.7 billion at December 31, 2023.
(B) Depreciation is calculated using estimated useful lives of depreciable assets up to 50 years for prison facilities.
(C)CoreCivic retains title to this asset, which is classified under other real estate assets on the Company's consolidated balance sheets in accordance with ASC 853.
(D)Held for Sale.
(E) CoreCivic recorded non-cash impairments during the third quarter of 2017 to write down the book value of the Bridgeport facility, during the second quarter of 2020 to write down the book value of the Tulsa Transitional Center, and during the fourth quarter of 2022 to write down the book value of the Columbine Facility to the estimated fair values assuming uses other than correctional or residential reentry facilities.
FOR THE YEARS ENDED DECEMBER 31, 2023, 2022, AND 2021
| For the Years Ended December 31, | |||
|---|---|---|---|
| 2023 | 2022 | 2021 | |
| Investment in Real Estate: | |||
| Balance at beginning of period | $3,288,714 | $3,352,942 | $3,595,278 |
| Additions through capital expenditures | 46,773 | 41,449 | 27,217 |
| Asset impairments | — | (4,241) | (3,335) |
| Disposals/Other | (12,076) | (101,436) | (266,218) |
| Balance at end of period | $3,323,411 | $3,288,714 | $3,352,942 |
| Accumulated Depreciation: | |||
| Balance at beginning of period | $(1,244,044) | $(1,194,051) | $(1,128,563) |
| Depreciation | (82,780) | (81,937) | (81,693) |
| Disposals/Other | 2,243 | 31,944 | 16,205 |
| Balance at end of period | $(1,324,581) | $(1,244,044) | $(1,194,051) |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.