CoreCivic : 2nd Quarter 2020 Supplemental Disclosure Information

Supplemental Financial Information For the Quarter Ended June 30, 2020

The Company's supplemental financial information and other data presented herein speaks only as of the date or period indicated (or as of the date posted, as the case may be), and the Company does not undertake any obligation, and disclaims any duty, to update any of this information. The Company's future financial performance is subject to various risks and uncertainties that could cause actual results to differ materially from expectations. The factors that could affect the Company's future financial results are discussed more fully in our reports filed with the SEC. Readers are advised to refer to these reports for additional information concerning the Company. Readers are also advised that the Company's historical performance may not be indicative of future results. In addition, the information contained herein does not constitute an offer to sell or a solicitation to buy any of the Company's securities.

CoreCivic, Inc.

Supplemental Financial Information

For the Quarter Ended June 30, 2020

TABLE OF CONTENTS
Financial Highlights & 2020 Guidance Summary	1
Consolidated Balance Sheets	2
Consolidated Statements of Operations	3
Reconciliation of Basic to Diluted Earnings Per Share	4
Calculation of Adjusted Diluted Earnings Per Share	5
Funds From Operations	6
Selected Financial Information	7
Segment Data	9
Analysis of Outstanding Debt	10
Selected Operating Ratios	11
Partner Information	12
Facility Portfolio	13

Damon T. Hininger, President and Chief Executive Officer

David M. Garfinkle, Chief Financial Officer

5501 Virginia Way

Brentwood, TN 37027

Tel.: [phone] Fax: [phone]

FINANCIAL HIGHLIGHTS

1 of 23

(Unaudited and amounts in thousands, except per share amounts)

	For the Three Months Ended		For the Six Months Ended
		June 30,			June 30,
		2020		2019		2020		2019
Adjusted Diluted EPS	$	0.33	$	0.47	$	0.63	$	0.89
Normalized FFO Per Share	$	0.56	$	0.69	$	1.10	$	1.33
AFFO Per Share	$	0.57	$	0.67	$	1.16	$	1.30
Debt Leverage		4.2x		3.6x		4.2x		3.6x
Fixed Charge Coverage Ratio		3.8x		5.3x		3.7x		5.2x

FINANCIAL GUIDANCE

On April 1, 2020, we withdrew our financial guidance because of uncertainties associated with COVID-19, and do not expect to provide financial guidance until we have further clarity around the uncertainties which continue to exist. Please see our Form 10-Q for the quarter ended June 30, 2020 for risks and uncertainties associated with COVID-19. Our business is very durable, and continues to generate cash flow even during these unprecedented disruptions to the economy and criminal justice system. This resiliency is due to the essential nature of our facilities and services in our Safety and Community segments, further enhanced by the diversification and stability of our Properties segment, all supported by payments from highly rated federal, state, and local government agencies.

	CONSOLIDATED BALANCE SHEETS								2 of 23
	(Unaudited and amounts in thousands, except per share amounts)
				June 30,			March 31,	December 31,		September 30,			June 30,
				2020			2020			2019			2019			2019
ASSETS
Cash and cash equivalents		$	363,772	$	335,491		$	92,120	$	47,537	$	56,745
Restricted cash				18,968			16,850			26,973			25,541			30,150
Accounts receivable, net of allowance				246,114			272,598			280,785			271,594			272,423
Prepaid expenses and other current assets				39,552			34,962			35,507			35,973			32,791
Total current assets				668,406			659,901			435,385			380,645			392,109
Real estate and related assets:
Property and equipment, net				2,725,179			2,758,682			2,700,107			2,836,841			2,824,029
Other real estate assets				232,750			235,691			238,637			239,149			242,073
Goodwill				48,569			50,537			50,537			48,169			48,169
Non-current deferred tax assets				14,475			13,663			16,058			18,951			18,858
Other assets				350,363			360,325			350,907			225,090			213,653
Total assets	$	4,039,742	$	4,078,799		$	3,791,631	$	3,748,845	$	3,738,891
LIABILITIES AND STOCKHOLDERS' EQUITY
Accounts payable and accrued expenses		$	256,708	$	318,365		$	337,462	$	372,411	$	330,449
Current portion of long-term debt, net				37,239			34,891			31,349			342,391			341,152
Total current liabilities				293,947			353,256			368,811			714,802			671,601
Long-term debt, net				2,227,319			2,236,427			1,928,023			1,521,785			1,569,118
Deferred revenue				5,653			9,061			12,469			15,877			19,286
Other liabilities				107,642			101,379			105,579			113,180			96,295
Total liabilities				2,634,561			2,700,123			2,414,882			2,365,644			2,356,300
Commitments and contingencies
Common stock - $0.01 par value				1,196			1,196			1,191			1,191			1,191
Additional paid-in capital				1,827,174			1,822,855			1,821,810			1,817,258			1,812,611
Accumulated deficit				(446,460)			(468,646)			(446,252)			(435,248)			(431,211)
Total stockholders' equity				1,381,910			1,355,405			1,376,749			1,383,201			1,382,591
Non-controlling interest - operating partnership				23,271			23,271			-			-			-
Total equity				1,405,181			1,378,676			1,376,749			1,383,201			1,382,591
Total liabilities and equity			$	4,039,742		$	4,078,799		$	3,791,631		$	3,748,845		$	3,738,891

CONSOLIDATED STATEMENTS OF OPERATIONS						3 of 23
(Unaudited and amounts in thousands, except per share amounts)
		For the Three Months Ended			For the Six Months Ended
		June 30,				June 30,
		2020			2019			2020			2019
REVENUE:
Safety	$	424,117	$	440,410	$	861,882			874,728
Community		26,004			30,706			56,603			61,272
Properties		22,483			19,143			45,162			38,255
Other		37			35			95			103
Total revenue		472,641			490,294			963,742			974,358
EXPENSES:
Operating:
Safety		323,739			316,995			654,476			633,590
Community		22,201			23,086			46,650			46,582
Properties		6,906			5,495			13,860			11,147
Other		81			103			256			192
Total operating expenses		352,927			345,679			715,242			691,511
General and administrative		30,145			33,364			61,424			62,809
Depreciation and amortization		38,619			35,591			76,571			71,114
Asset impairments		11,717			4,706			12,253			4,706
		433,408			419,340			865,490			830,140
OPERATING INCOME		39,233			70,954			98,252			144,218
OTHER (INCOME) EXPENSE:
Interest expense, net		20,996			20,662			43,534			42,098
Other (income) expense		(2,987)			(258)			(3,520)			(254)
		18,009			20,404			40,014			41,844
INCOME BEFORE INCOME TAXES		21,224			50,550			58,238			102,374
Income tax benefit (expense)		962			(1,972)			(2,814)			(4,456)
NET INCOME		22,186			48,578			55,424			97,918
Net income attributable to non-controlling interest		-			-			(1,181)			-
NET INCOME ATTRIBUTABLE TO COMMON STOCKHOLDERS	$	22,186	$	48,578	$	54,243	$	97,918
BASIC EARNINGS PER SHARE	$	0.19	$	0.41	$	0.45	$	0.82
DILUTED EARNINGS PER SHARE	$	0.18	$	0.41	$	0.45	$	0.82

RECONCILIATION OF BASIC TO DILUTED EARNINGS PER SHARE			4 of 23
(Unaudited and amounts in thousands, except per share amounts)
For the Three Months Ended	For the Six Months Ended
	June 30,		June 30,
2020	2019	2020	2019

Basic:
Net income attributable to common stockholders	$
Diluted:
Net income attributable to common stockholders	$
Net income attributable to non-controlling interest
Diluted net income attributable to common stockholders	$
Basic:
Weighted average common shares outstanding-basic
Diluted:
Weighted average common shares outstanding-basic
Effect of dilutive securities:
Stock options
Restricted stock-based awards
Non-controlling interest - operating partnership units

22,186	$	48,578	$	54,243	$	97,918
22,186	$	48,578	$	54,243			97,918
-		-			1,181			-
22,186	$	48,578		$	55,424		$	97,918
119,630		119,080			119,483			119,026
119,630		119,080			119,483			119,026
-		51			-			43
2		131			25			112
1,342		-			1,342			-

Weighted average shares and assumed conversions-diluted		120,974			119,262			120,850			119,181
Basic earnings per share	$	0.19	$	0.41	$	0.45	$	0.82
Diluted earnings per share	$	0.18		$	0.41		$	0.45		$	0.82

CALCULATION OF ADJUSTED DILUTED EARNINGS PER SHARE

5 of 23

(Unaudited and amounts in thousands, except per share amounts)

For the Three Months Ended

June 30,

20202019

For the Six Months Ended

June 30,

20202019

Net income attributable to common stockholders	$
Non-controlling interest
Diluted net income attributable to common stockholders	$

Special items:

Expenses associated with mergers and acquisitions

Expenses associated with COVID-19

Expenses associated with evaluation of corporate structure alternatives

Deferred tax expense on Kansas lease structure

Start-up expenses

Gain on sale of real estate assets

Asset impairments

Adjusted net income

$

Weighted average common shares outstanding - basic

Effect of dilutive securities:

Stock options

Restricted stock-based awards

Non-controlling interest - operating partnership units

Weighted average shares and assumed conversions - diluted

22,186	$
-
22,186	$
-
8,165
347
-
-
(2,818)
11,717
39,597	$

119,630

-

2

1,342

120,974

48,578	$
-
48,578	$
438
-
-
-
2,687
-
4,706
56,409	$

119,080

51

131

-

119,262

54,243	$	97,918
1,181		-
55,424	$	97,918
338		874
8,165		-
347		-
3,085		-
-		2,687
(2,818)		-
12,253		4,706
76,794	$	106,185
119,483		119,026
-		43
25		112
1,342		-
120,850		119,181

Adjusted Earnings Per Basic Share	$	0.33	$	0.47	$	0.63		$	0.89
Adjusted Earnings Per Diluted Share	$	0.33	$	0.47	$	0.63	$	0.89

FUNDS FROM OPERATIONS

6 of 23

(Unaudited and amounts in thousands, except per share amounts)

For the Three Months Ended	For the Six Months Ended
	June 30,		June 30,
2020	2019	2020	2019

	FUNDS FROM OPERATIONS:
		Net income	$
		Depreciation and amortization of real estate assets
		Impairment of real estate assets
		Gain on sale of real estate assets
		Funds From Operations	$
		Expenses associated with mergers and acquisitions
		Expenses associated with COVID-19
		Expenses associated with evaluation of corporate structure alternatives
		Deferred tax expense on Kansas lease structure
		Start-up expenses
		Goodwill and other impairments
		Normalized Funds From Operations	$
		Maintenance capital expenditures on real estate assets
		Stock-based compensation
		Amortization of debt costs
		Other non-cash revenue and expenses
		Adjusted Funds From Operations	$
	FUNDSFROM OPERATIONS PER DILUTED SHARE	$
		$
		NORMALIZEDFUNDS FROM OPERATIONS PER DILUTED SHARE
	ADJUSTEDFUNDS FROM OPERATIONS PER DILUTED SHARE	$

22,186 $

28,244

9,750

(2,818)

57,362 $

-

8,165

347

-

-

1,967

67,841 $

(5,691)

4,319

1,384

1,469

69,322 $

0.47 $

1. $
2. $

48,578 $

26,503

4,428

(287)

79,222 $

438

-

-

-

2,687

278

82,625 $

(8,459)

4,256

855

893

80,170 $

0.66 $

0.69 $

0.67 $

55,424	$	97,918
56,350		53,102
10,155		4,428
(2,818)		(287)
119,111	$	155,161
338		874
8,165		-
347		-
3,085		-
-		2,687
2,098		278
133,144	$	159,000
(8,310)		(15,004)
8,929		8,068
2,740		1,712
3,126		1,650
139,629	$	155,426
0.99	$	1.30
1.10	$	1.33
1.16	$	1.30

FFO and AFFO are widely accepted non-GAAP supplemental measures of REIT performance following the standards established by the National Association of Real Estate Investment Trusts (NAREIT). The Company believes that FFO and AFFO are important operating measures that supplement discussion and analysis of the Company's results of operations and are used to review and assess operating performance of the Company and its properties and their management teams. NAREIT defines FFO as net income computed in accordance with generally accepted accounting principles, excluding gains (or losses) from sales of property and extraordinary items, plus depreciation and amortization of real estate and impairment of depreciable real estate and after adjustments for unconsolidated partnerships and joint ventures calculated to reflect FFO on the same basis. Because the historical cost accounting convention used for real estate assets requires depreciation (except on land), this accounting presentation assumes that the value of real estate assets diminishes at a level rate over time. Because of the unique structure, design and use of the Company's properties, management believes that assessing performance of the Company's properties without the impact of depreciation or amortization is useful. The Company may make adjustments to FFO from time to time for certain other income and expenses that it considers non-recurring, infrequent or unusual, even though such items may require cash settlement, because such items do not reflect a necessary or ordinary component of the ongoing operations of the Company. Even though expenses associated with mergers and acquisitions (M&A) may be recurring, the magnitude and timing fluctuate based on the timing and scope of M&A activity, and therefore, such expenses, which are not a necessary component of the ongoing operations of the Company, may not be comparable from period to period. Start-up expenses represent the incremental operating losses incurred during the period we were activating idle correctional facilities. Normalized FFO excludes the effects of such items. The Company calculates AFFO by adding to Normalized FFO non-cash expenses such as the amortization of deferred financing costs and stock-based compensation, and by subtracting from Normalized FFO recurring real estate expenditures that are capitalized and then amortized, but which are necessary to maintain a REIT's properties and its revenue stream. Some of these capital expenditures contain a discretionary element with respect to when they are incurred, while others may be more urgent. Therefore, these capital expenditures may fluctuate from quarter to quarter, depending on the nature of the expenditures required, seasonal factors such as weather, and budgetary conditions. Other companies may calculate FFO, Normalized FFO, and AFFO differently than the Company does, or adjust for other items, and therefore comparability may be limited. FFO, Normalized FFO, and AFFO and their corresponding per share measures are not measures of performance under GAAP, and should not be considered as an alternative to cash flows from operating activities, a measure of liquidity or an alternative to net income as indicators of the Company's operating performance or any other measure of performance derived in accordance with GAAP. This data should be read in conjunction with the Company's consolidated financial statements and related notes included in its filings with the Securities and Exchange Commission.

	SELECTED FINANCIAL INFORMATION									7 of 23
(Unaudited and amounts in thousands, except per share amounts)
			June 30, 2020			March 31, 2020		December 31, 2019		September 30, 2019			June 30, 2019
BALANCE SHEET:
Property and equipment	$	4,263,327	$	4,298,931	$	4,210,224	$	4,323,975	$	4,297,289
Accumulated depreciation and amortization			(1,538,148)			(1,540,249)			(1,510,117)			(1,487,134)			(1,473,260)
Property and equipment, net		$	2,725,179		$	2,758,682		$	2,700,107		$	2,836,841		$	2,824,029
Total assets	$	4,039,742	$	4,078,799	$	3,791,631	$	3,748,845	$	3,738,891
Maintenance & technology capital expenditures for the quarter ended	$	9,469	$	8,651	$	21,837	$	11,980	$	13,612
Property construction & land acquisition capital expenditures for the quarter ended	$	2,525	$	16,147	$	15,091	$	28,321	$	45,487
Tenant improvements & leasing commissions for the quarter ended	$	76	$	66	$	-	$	-	$	-
Corporate office relocation for the quarter ended	$	-	$	-	$	348	$	466	$	3,009
Total debt	$	2,289,958	$	2,297,529	$	1,986,865	$	1,875,422	$	1,922,167
Equity book value	$	1,405,181	$	1,378,676	$	1,376,749	$	1,383,201	$	1,382,591
LIQUIDITY:
Cash and cash equivalents	$	363,772	$	335,491	$	92,120	$	47,537	$	56,745
Availability under revolving credit facility	$	154,245	$	154,995	$	412,695	$	585,695	$	522,795
CAPITALIZATION:
Common shares outstanding			119,631			119,629			119,096			119,096			119,096
Common share price at end of period	$	9.36	$	11.17	$	17.38	$	17.28	$	20.76
Market value of common equity at end of period		$	1,119,746		$	1,336,256		$	2,069,888		$	2,057,979		$	2,472,433
Total equity market capitalization
	$	1,119,746		$	1,336,256		$	2,069,888		$	2,057,979		$	2,472,433
Total market capitalization (market value of equity plus debt)		$	3,409,704		$	3,633,785		$	4,056,753		$	3,933,401		$	4,394,600
Regular Dividends	$	-	$	53,415	$	52,978	$	53,031	$	52,865
Dividends per common share	$	-	$	0.44	$	0.44	$	0.44	$	0.44
EBITDA	$	83,716	$	99,521	$	102,708	$	108,536	$	107,457
ADJUSTED EBITDA	$	101,127	$	100,395	$	103,485	$	115,412	$	115,288
NORMALIZED FUNDS FROM OPERATIONS	$	67,841	$	65,303	$	69,787	$	83,134	$	82,625
Normalized funds from operations per diluted share	$	0.56	$	0.54	$	0.59	$	0.70	$	0.69
FFO PAYOUT RATIO			0.0%			81.5%			74.6%			62.9%			63.8%
ADJUSTED FUNDS FROM OPERATIONS	$	69,322	$	70,307	$	68,958	$	83,016	$	80,170
Adjusted funds from operations per diluted share	$	0.57	$	0.58	$	0.58	$	0.70	$	0.67
AFFO PAYOUT RATIO			0.0%			75.9%			75.9%			62.9%			65.7%

	SELECTED FINANCIAL INFORMATION							8 of 23
	(Unaudited and amounts in thousands, except per share amounts)
			For the Three Months Ended June 30,			For the Six Months Ended June 30,
			2020			2019			2020			2019
Number of days per period			91			91			182			181
SAFETY AND COMMUNITY FACILITIES:
Average available beds			77,803			78,107			77,911			78,090
Average compensated occupancy			74.9%			82.8%			76.9%			82.7%
Total compensated man-days			5,303,470			5,885,850			10,910,631			11,695,477
Revenue per compensated man-day	$	83.40	$	78.38	$	82.64	$	78.37
Operating expenses per compensated man-day:
Fixed expense			47.25			40.12			46.32			40.76
Variable expense			16.57			16.20			16.46			15.92
Total			63.82			56.32			62.78			56.68
Operating income per compensated man-day	$	19.58	$	22.06	$	19.86	$	21.69
Operating margin (1)			23.5%			28.1%			24.0%			27.7%
DEPRECIATION AND AMORTIZATION:
Depreciation and amortization expense on real estate			28,244			26,503			56,350			53,102
Other depreciation expense			9,534			8,275			18,539			16,386
Amortization of intangibles			841			813			1,682			1,626
Depreciation and amortization		$	38,619		$	35,591		$	76,571		$	71,114
NET OPERATING INCOME:
Revenue
Safety	$	424,117	$	440,410	$	861,882	$	874,728
Community			26,004			30,706			56,603			61,272
Properties			22,483			19,143			45,162			38,255
Other			37			35			95			103
Total revenues			472,641			490,294			963,742			974,358
Operating Expenses
Safety			323,739			316,995			654,476			633,590
Community			22,201			23,086			46,650			46,582
Properties			6,906			5,495			13,860			11,147
Other			81			103			256			192
Total operating expenses			352,927			345,679			715,242			691,511
Net Operating Income
Safety			100,378			123,415			207,406			241,138
Community			3,803			7,620			9,953			14,690
Properties			15,577			13,648			31,302			27,108
Other			(44)			(68)			(161)			(89)
Total net operating income	$	119,714	$	144,615	$	248,500	$	282,847

1. During the second quarter of 2020, we incurred $8.2 million of incremental expenses directly associated with our response to the COVID-19 pandemic. Incremental expenses include, but may not be limited to, incentive payments to our line and field staff, as well as expenses to procure personal protective equipment and other supplies. Excluding these incremental expenses, our operating margin during the three and six months ended June 30, 2020 would have been 25.3% and 24.9%, respectively.

			SEGMENT DATA									9 of 23
	(Unaudited and amounts in thousands, except per share amounts)
			For the Three Months Ended June 30,			For the Six Months Ended June 30,
			2020				2019			2020			2019
CORECIVIC SAFETY FACILITIES:
Facility revenue	$	424,117			$	440,410	$	861,882	$	874,728
Operating expenses:
Fixed expense			238,378				224,601			480,711			453,245
Variable expense			85,361				92,394			173,765			180,345
Total			323,739				316,995			654,476			633,590
Facility net operating income	$	100,378			$	123,415	$	207,406	$	241,138
Average available beds			72,555				72,833			72,622			72,833
Average compensated occupancy			75.8%				83.3%			77.6%			83.1%
Total compensated man-days			5,005,928				5,520,973			10,256,559			10,960,694
Revenue per compensated man-day	$	84.72			$	79.77	$	84.03	$	79.81
Operating expenses per compensated man-day:
Fixed			47.62				40.68			46.87			41.35
Variable			17.05				16.74			16.94			16.45
Total			64.67				57.42			63.81			57.80
Operating income per compensated man-day	$	20.05			$	22.35	$	20.22	$	22.01
Operating margin
		23.7%				28.0%			24.1%			27.6%
CORECIVIC COMMUNITY FACILITIES:
Facility revenue (1)	$	18,173			$	20,912	$	39,729	$	41,890
Operating expenses: (1)
Fixed expense			12,236				11,534			24,653			23,411
Variable expense			2,506				2,962			5,825			5,827
Total			14,742				14,496			30,478			29,238
Facility net operating income		$	3,431			$	6,416		$	9,251		$	12,652
Average available beds			5,248				5,274			5,289			5,257
Average compensated occupancy			62.3%				76.0%			67.9%			77.2%
Total compensated man-days			297,542				364,877			654,072			734,783
Revenue per compensated man-day	$	61.08			$	57.31	$	60.74	$	57.01
Operating expenses per compensated man-day:
Fixed expense			41.12				31.61			37.69			31.86
Variable expense			8.42				8.12			8.91			7.93
Total			49.54				39.73			46.60			39.79
Operating income per compensated man-day	$	11.54			$	17.58	$	14.14	$	17.22
Operating margin			18.9%				30.7%			23.3%			30.2%

1. Our CoreCivic Community segment includes the operating results of residential reentry centers we operate during each period, along with the operating results of our non-residential correctional alternative services. However, the facility revenue and operating expenses in this table, and the corresponding per compensated man-day amounts, of CoreCivic Community include only those related to the operation of the residential reentry centers. For the three months ended June 30, 2020 and 2019, our alternative services generated revenue of $7.8 million and $9.8 million, respectively, and incurred operating expenses of $7.5 million and $8.6 million, respectively. For the six months ended June 30, 2020 and 2019, our alternative services generated revenue of $16.9 million and $19.4 million, respectively, and incurred operating expenses of $16.2 million and $17.3 million, respectively.

ANALYSIS OF OUTSTANDING DEBT

10 of 23

(Unaudited and amounts in thousands)

	Outstanding	Outstanding	Stated	Effective
		Balance		Balance	Interest	Interest		Maturity
	12/31/2019		6/30/2020	Rate	Rate	1)	Date
Fixed Rate:
$350 Million Senior Notes	$	350,000	$	350,000	4.625%	4.80%		May 2023
$250 Million Senior Notes		250,000		250,000	5.0%	5.19%		October 2022
$250 Million Senior Notes		250,000		250,000	4.75%	4.91%		October 2027
Non-Recourse Mortgage Note - Capital Commerce		22,209		21,579	4.50%	4.70%		January 2033
Non-Recourse Mortgage Note - Kansas		159,522		159,522	4.43%	4.75%		January 2040
Non-Recourse Mortgage Note - Baltimore		150,134		147,338	4.50%	4.52%		February 2034
Non-Recourse Mortage Note - Government Real		-		51,769	4.91%	3.70%		November 2025
Estate Solutions

Callable/

Redeemable

Prior to February 1, 2023, redeemable at a "make-whole" redemption price, plus accrued and unpaid interest; thereafter the notes are redeemable at 100% of the aggregate principal amount plus accrued and unpaid interest.

Prior to July 15, 2022, redeemable at a "make-whole" redemption price, plus accrued and unpaid interest; thereafter the notes are redeemable at 100% of the aggregate principal amount plus accrued and unpaid interest.

Prior to July 15, 2027, redeemable at a "make-whole" redemption price, plus accrued and unpaid interest; thereafter the notes are redeemable at 100% of the aggregate principal amount plus accrued and unpaid interest.

Subject to prepayment at any time with a prepayment charge, if any, equal to an amount so as to maintain the same yield on the mortgage note as if it had been carried through to its full term using Treasury instruments having a term equal to the remaining term of the mortgage note as of the prepayment date.

Redeemable in all or part at any time upon written notice of not less than 30 days and not more than 60 days prior to the date fixed for such prepayment, with a "make-whole" amount, together with interest accrued to, but not including, the redemption date.

Redeemable in whole or in part upon not less than 30 days' and not more than 60 days' prior written notice and such pre-payment shall include a "make-whole" amount. During the last 90 days of the permanent loan term and upon 30 days' prior written notice, redeemable in full, including any accrued and outstanding interest on any permanent loan payment date, without the payment of the "make-whole" amount.

Generally, no prepayment shall be permitted except during the last three months prior to maturity.

Total Fixed Rate Debt

1,181,865

1,230,208

Floating Rate:

Revolving Credit Facility	365,000	631,000	1.68%	1.81%
Term Loan A	190,000	185,000	1.67%	1.69%
Term Loan B	250,000	243,750	5.50%	6.94%
Total Floating Rate Debt	805,000		1,059,750
Grand Total Debt	$ 1,986,865	$ 2,289,958	3.74%	3.99%

2), 3)

2)

4)

April 2023

April 2023

December 2024

5.475)

1. Includes amortization of debt issuance costs.
2. On April 17, 2018, the Company entered into the Second Amended and Restated Credit Agreement, ("the Credit Agreement") in an aggregate principal amount of up to $1.0 billion, providing for a term loan of $200.0 million and a revolving credit facility in an aggregate principal amount of up to $800.0 million. The Company also has $14.8 million of letters of credit outstanding under a sub-facility reducing the available capacity under the revolving credit facility to $154.2 million as of June 30, 2020. Based on the Company's current leverage ratio, the revolving credit facility bears interest at LIBOR plus a margin of 1.50%.
3. The stated and effective interest rate on the revolving credit facility exclude interest associated with the outstanding letters of credit and the unused fees.
4. On December 18, 2019, CoreCivic entered into a new $250.0 million Senior Secured Term Loan B ("Term Loan B"). The Term Loan B bears interest at a rate of LIBOR plus 4.50%, with a 1.00% LIBOR floor. The Company can generally prepay the Term Loan B at any time without penalty.
5. Represents the weighted average debt maturity in years.

Debt Maturity Schedule at June 30, 2020:
	Total Debt		% of Debt		% of Debt
Year		Maturing		Maturing		Maturing
2020	$	17,130	0.75%	0.75%
2021		40,047	1.75%	2.50%
2022		293,990	12.84%	15.34%
2023		1,171,170	51.14%	66.48%
2024		196,044	8.56%	75.04%
Thereafter		571,577	24.96%	100.00%
	$	2,289,958		100.00%

Debt Maturity

	$1,400
millions)				$1,171
$800
	$1,200
(in	$1,000
$600
		$294				$266	$228
$400				$196
		$40			$77
	$200	$17
	$0
	2020	2021	2022	2023	2024	2025-2026	2027	2028 - 2040

SELECTED OPERATING RATIOS									11 of 23
(Unaudited and amounts in thousands, except per share amounts)
		For the Three Months Ended			For the Six Months Ended
		June 30,				June 30,
		2020			2019			2020			2019
COVERAGE RATIOS:
Interest coverage ratio (Adjusted EBITDA/Interest incurred) (x)**		5.0x		5.8x			4.9x			5.6x
Fixed charge coverage ratio (Adjusted EBITDA/(Interest incurred + Scheduled prin pmts)) (x)**		3.8x		5.3x			3.7x			5.2x
Secured debt coverage ratio ((Secured debt - cash)/Annualized Adjusted EBITDA) (x)**		1.9x		0.9x			1.9x			0.9x
Total debt coverage ratio ((Total debt - cash)/Annualized Adjusted EBITDA) (x)**		4.2x		3.6x			4.2x			3.6x
Accounts receivable turnover (Annualized revenues/Accounts receivable) (x)		7.7x		7.2x			7.8x			7.2x
DEBT/EQUITY RATIOS:
Total debt/Total market capitalization		67.2%			43.7%			67.2%			43.7%
Total debt/Equity market capitalization		204.5%			77.7%			204.5%			77.7%
Total debt/Book equity capitalization		163.0%			139.0%			163.0%			139.0%
Total debt/Gross book value of real estate assets		49.7%			41.4%			49.7%			41.4%
RETURN ON INVESTMENT RATIOS:
Annualized return on operating real estate investments
(Annualized Adjusted EBITDA/Average operating real estate investments (undepreciated book value)*)		8.7%			10.0%			8.8%			9.6%
Annualized return on total assets
(Annualized Adjusted EBITDA/Average total assets (undepreciated book value)*)		7.1%			8.8%			7.3%			8.5%
OVERHEAD RATIOS:
Annualized general & administrative expenses (excl. non-recurring costs)/Average total assets (undepreciated book value)*		2.1%			2.5%			2.2%			2.3%
General & administrative expenses (excluding non-recurring costs)/Total revenues		6.3%			6.7%			6.3%			6.4%
INTEREST EXPENSE, NET:
Interest income	$	(2,877)		$	(654)	$	(4,894)	$	(1,128)
Interest incurred		22,489			22,267			46,214			44,244
Amortization of debt costs		1,384			855			2,740			1,712
Capitalized interest		-			(1,806)			(526)			(2,730)
Interest expense, net	$	20,996		$	20,662		$	43,534		$	42,098
EBITDA CALCULATION:
Net income	$	22,186		$	48,578	$	55,424	$	97,918
Interest expense		23,873			21,316			48,428			43,226
Depreciation and amortization		38,619			35,591			76,571			71,114
Income tax benefit (expense)		(962)			1,972			2,814			4,456
EBITDA		83,716			107,457			183,237			216,714
Expenses associated with mergers and acquisitions		-			438			338			874
Expenses associated with COVID-19		8,165			-			8,165			-
Expenses associated with evaluation of corporate structure alternatives		347			-			347			-
Start-up expenses		-			2,687			-			2,687
Gain on sale of real estate assets		(2,818)			-			(2,818)			-
Asset impairments		11,717			4,706			12,253			4,706
ADJUSTED EBITDA	$	101,127		$	115,288		$	201,522		$	224,981
Adjusted EBITDA	$	101,127		$	115,288	$	201,522	$	224,981
EBITDA from unrestricted susidiaries		(8,163)			(3,582)			(15,780)			(7,014)
RESTRICTED ADJUSTED EBITDA	$	92,964		$	111,706	$	185,742	$	217,967

*Calculated as a simple average (beginning of period plus end of period divided by 2)

**Excludes non-recourse debt and related EBITDA of CoreCivic of Kansas, LLC, SSA-Baltimore, LLC, and Government Real Estate Solutions, LLC, as all are Unrestricted Subsidiaries as defined under the Revolving Credit Facility.

PARTNER INFORMATION	12 of 23
(Unaudited)

CONTRACT RETENTION

	2016	2017	2018	2019	YTD 2020	TOTAL
OWNED AND CONTROLLED:
# of Contracts up for Renewal	42	42	40	43	23	190
# of Contracts Retained	39	40	39	40	20	178
Retention Rate	92.9%	95.2%	97.5%	93.0%	87.0%	93.7%
MANAGED ONLY:
# of Contracts up for Renewal	4	8	3	3	3	21
# of Contracts Retained	4	4	3	3	3	17
Retention Rate	100.0%	50.0%	100.0%	100.0%	100.0%	81.0%
TOTAL RETENTION RATE	93.5%	88.0%	97.7%	93.5%	88.5%	92.4%

TOP TEN PARTNERS

Percentage of Revenue for the Six Months Ended June 30, 2020

(Revenue Percentages and Amounts are Inclusive of all Contracts with Respective Partners)

United States Immigration and Customs Enforcement - $273,706													28%
United States Marshals - $193,933									20%
Tennessee - $79,061						8%
Georgia - $54,716					6%
Colorado - $32,809			3%
Oklahoma - $31,444			3%
Bureau of Prisons - $29,782			3%
Ohio - $27,670			3%
Arizona - $24,397			3%
California - $18,632		2%
Other										21%

0%

5%

10%

15%

20%

25%

30%

FACILITY PORTFOLIO

13 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
CoreCivic Safety Facilities:
Safety- Owned and Managed:
Central Arizona Florence Correctional Complex	1994, 1998, 1999, 2004	USMS	4,128	Multi	Detention	Sep-23	(1) 5 year	86.67%
Florence, Arizona
Eloy Detention Center	1995, 1996	ICE	1,500	Medium	Detention	Indefinite	-	69.61%
Eloy, Arizona
La Palma Correctional Center	2008	ICE	3,060	Multi	Detention	Indefinite	-	58.82%
Eloy, Arizona
Red Rock Correctional Center (E)	2006, 2016	State of Arizona	2,024	Medium	Correctional	Jul-26	(2) 5 year	96.58%
Eloy, Arizona
Saguaro Correctional Facility	2007	State of Hawaii	1,896	Multi	Correctional	Jul-20	(1) 1 year	71.02%
Eloy, Arizona
Leo Chesney Correctional Center	1989	-	240	-	-	-	-	0.00%
Live Oak, California
Otay Mesa Detention Center	2015, 2019	ICE	1,994	Minimum/	Detention	Dec-24	(2) 5 year	55.17%
San Diego, California				Medium
Bent County Correctional Facility	1992, 1997, 2008	State of Colorado	1,420	Medium	Correctional	Jun-21	-	91.15%
Las Animas, Colorado
Crowley County Correctional Facility	2003, 2004	State of Colorado	1,794	Medium	Correctional	Jun-21	-	94.61%
Olney Springs, Colorado
Huerfano County Correctional Center	1997	-	752	Medium	Correctional	-	-	0.00%
Walsenburg, Colorado
Kit Carson Correctional Center	1998, 2008	-	1,488	Medium	Correctional	-	-	0.00%
Burlington, Colorado
Coffee Correctional Facility (F)	1998, 1999, 2010	State of Georgia	2,312	Medium	Correctional	Jun-20	(14) 1 year	110.27%
Nicholls, Georgia
Jenkins Correctional Center (F)	2012	State of Georgia	1,124	Medium	Correctional	Jun-20	(15) 1 year	98.24%
Millen, Georgia
McRae Correctional Facility	2000, 2002, 2012	BOP	1,978	Medium	Correctional	Nov-20	(1) 2 year	82.56%
McRae, Georgia
Stewart Detention Center	2004	ICE	1,752	Medium	Detention	Indefinite	-	91.32%
Lumpkin, Georgia
Wheeler Correctional Facility (F)	1998, 1999, 2010	State of Georgia	2,312	Medium	Correctional	Jun-20	(14) 1 year	112.41%
Alamo, Georgia
Leavenworth Detention Center	1992, 2000, 2004,	USMS	1,033	Maximum	Detention	Dec-21	(1) 5 year	84.40%
Leavenworth, Kansas	2008

FACILITY PORTFOLIO

14 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
Lee Adjustment Center	1998	Commonwealth of Kentucky	816	Multi	Correctional	Jun-21	-	99.35%
Beattyville, Kentucky
Marion Adjustment Center	1998	-	826	Minimum/	Correctional	-	-	0.00%
St. Mary, Kentucky				Medium
Prairie Correctional Facility	1991	-	1,600	Medium	Correctional	-	-	0.00%
Appleton, Minnesota
Adams County Correctional Center	2008	ICE	2,232	Medium	Detention	Aug-24	Indefinite	49.28%
Adams County, Mississippi
Tallahatchie County Correctional Facility (G)	2000, 2007, 2008	USMS	2,672	Multi	Correctional	Jun-22	Indefinite	73.97%
Tutwiler, Mississippi
Crossroads Correctional Center (H)	1999	State of Montana	664	Multi	Correctional	Jun-21	(1) 2 year	101.44%
Shelby, Montana
Nevada Southern Detention Center	2010	USMS	1,072	Medium	Detention	Sep-20	(2) 5 year	85.13%
Pahrump, Nevada
Elizabeth Detention Center	1963	ICE	300	Minimum	Detention	Aug-21	-	95.00%
Elizabeth, New Jersey
Cibola County Corrections Center	1994, 1999	USMS	1,129	Medium	Detention	Indefinite	-	55.31%
Milan, New Mexico
Northwest New Mexico Correctional Center	1989, 2000	State of New Mexico	596	Multi	Correctional	Aug-20	-	87.05%
Grants, New Mexico
Torrance County Detention Facility	1990, 1997	ICE	910	Multi	Detention	May-24	Indefinite	82.05%
Estancia, New Mexico
Lake Erie Correctional Institution (I)	2011	State of Ohio	1,798	Medium	Correctional	Jun-32	Indefinite	92.94%
Conneaut, Ohio
Northeast Ohio Correctional Center	1997	State of Ohio	2,016	Medium	Correctional	Jun-32	Indefinite	80.44%
Youngstown, Ohio
Cimarron Correctional Facility (J)	1997, 2008	State of Oklahoma	1,692	Multi	Correctional	Sep-20	-	88.17%
Cushing, Oklahoma
Davis Correctional Facility (J)	1996, 2008	State of Oklahoma	1,670	Multi	Correctional	Jun-21	-	90.11%
Holdenville, Oklahoma
Diamondback Correctional Facility	1998, 2000	-	2,160	Multi	Correctional	-	-	0.00%
Watonga, Oklahoma
Trousdale Turner Correctional Center	2015	State of Tennessee	2,552	Multi	Correctional	Jan-21	-	94.52%
Hartsville, Tennessee

FACILITY PORTFOLIO

15 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
West Tennessee Detention Facility	1990, 1996	USMS	600	Multi	Detention	Sep-21	(4) 2 year	86.88%
Mason, Tennessee
Whiteville Correctional Facility (K)	1998	State of Tennessee	1,536	Medium	Correctional	Jun-21	-	93.13%
Whiteville, Tennessee
Eden Detention Center	1995	USMS	1,422	Medium	Detention	Indefinite	-	60.78%
Eden, Texas
Houston Processing Center	1984, 2005	ICE	1,000	Medium	Detention	Aug-20	-	75.19%
Houston, Texas
Laredo Processing Center	1985, 1990	ICE	258	Minimum/	Detention	Jul-23	Indefinite	66.47%
Laredo, Texas				Medium
South Texas Family Residential Center	2014	ICE	2,400	-	Residential	Sep-21	-	100.00%
Dilley, Texas
T. Don Hutto Residential Center	1997	ICE	512	Medium	Detention	Jul-21	(9) 1 year	90.04%
Taylor, Texas
Webb County Detention Center	1998	ICE	480	Medium	Detention	Feb-23	-	86.17%
Laredo, Texas
Safety- Managed Only:
Citrus County Detention Facility	1992, 2007	Citrus County, FL	760	Multi	Detention	Sep-30	(2) 5 year	82.00%
Lecanto, Florida
Lake City Correctional Facility	1997, 2005	State of Florida	893	Medium	Correctional	Jun-22	Indefinite	97.88%
Lake City, Florida
Marion County Jail	1997, 2005	Marion County, IN	1,030	Multi	Detention	Dec-27	-	119.71%
Indianapolis, Indiana
Hardeman County Correctional Facility	1997	State of Tennessee	2,016	Medium	Correctional	Jun-24	-	93.22%
Whiteville, Tennessee
Metro-Davidson County Detention Facility (L)	1992, 1995, 2011	Davidson County, TN	1,348	Multi	Detention	Jan-21	-	46.38%
Nashville, Tennessee
Silverdale Facilities (M)	1985, 1997, 1998,	Hamilton County, TN	1,046	Multi	Detention	Dec-20	-	64.15%
Chattanooga, Tennessee	2005, 2008
South Central Correctional Center	1992, 1994, 1995,	State of Tennessee	1,676	Medium	Correctional	Jun-23	(1) 2 year	93.55%
Clifton, Tennessee	2005
Total design capacity for CoreCivic Safety Facilities (49 Facilities)
		72,489					75.8%

FACILITY PORTFOLIO

16 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
CoreCivic Community Facilities:
					Community
CAI Boston Avenue	2013	State of California	120	-	Corrections	Jun-24	-	95.00%
San Diego, California
					Community
CAI Ocean View	2013	BOP	483	-	Corrections	May-21	-	78.10%
San Diego, California
					Community
Adams Transitional Center	2017	Adams County	102	-	Corrections	Jun-20	-	59.85%
Denver, Colorado
					Community
Arapahoe Community Treatment Center	2017	Arapahoe County	135	-	Corrections	Jun-21	-	67.24%
Englewood, Colorado
					Community
Centennial Community Transition Center	2016	Arapahoe County	107	-	Corrections	Jun-21	-	64.61%
Englewood, Colorado
					Community
Columbine Facility	2016	-	60	-	Corrections	-	-	56.48%
Denver, Colorado
					Community
Commerce Transitional Center	2017	Adams County	136	-	Corrections	Jun-20	-	59.96%
Commerce City, Colorado
					Community
Dahlia Facility	2016	Denver County	120	-	Corrections	Jun-21	-	61.00%
Denver, Colorado
					Community
Fox Facility and Training Center	2016	Denver County	90	-	Corrections	Jun-21	-	42.10%
Denver, Colorado
					Community
Henderson Transitional Center	2017	Adams County	184	-	Corrections	Dec-20	-	64.33%
Henderson, Colorado
					Community
Longmont Community Treatment Center	2016	Boulder County	69	-	Corrections	Jun-20	-	54.80%
Longmont, Colorado

FACILITY PORTFOLIO

17 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
					Community
Ulster Facility	2016	Denver County	90	-	Corrections	Jun-21	-	48.86%
Denver, Colorado
					Community
South Raleigh Reentry Center	2019	BOP	60	-	Corrections	Sep-20	-	114.62%
Raleigh, North Carolina
					Community
Carver Transitional Center	2015	State of Oklahoma	494	-	Corrections	Jun-20	(2) 1 year	30.77%
Oklahoma City, Oklahoma
					Community
Oklahoma City Transitional Center	2017	-	200	-	Corrections	-	-	36.87%
Oklahoma City, Oklahoma
					Community
Tulsa Transitional Center	2015	State of Oklahoma	390	-	Corrections	Jul-20	-	36.85%
Tulsa, Oklahoma
					Community
Turley Residential Center	2015	-	289	-	Corrections	-	-	0.00%
Tulsa, Oklahoma
					Community
Austin Residential Reentry Center	2015	BOP	116	-	Corrections	Aug-20	(4) 1 year	62.73%
Del Valle, Texas
					Community
Austin Transitional Center	2015	State of Texas	460	-	Corrections	Aug-20	-	83.26%
Del Valle, Texas
					Community
Corpus Christi Transitional Center	2015	State of Texas	160	-	Corrections	Aug-21	(3) 2 year	67.49%
Corpus Christi, Texas
					Community
Dallas Transitional Center	2015	State of Texas	300	-	Corrections	Aug-20	-	86.55%
Hutchins, Texas
					Community
El Paso Multi-Use Facility	2015	State of Texas	360	-	Corrections	Aug-20	-	73.64%
El Paso, Texas

FACILITY PORTFOLIO

18 of 23

								Compensated
	Year						Remaining	Occupancy %
	Constructed/		Design		Facility		Renewal	for the Quarter
Facility Name	Acquired (A)	Primary Customer	Capacity (B)	Security Level	Type (C)	Term	Options (D)	ended 6/30/20
					Community
El Paso Transitional Center	2015	State of Texas	224	-	Corrections	Aug-20	-	80.41%
El Paso, Texas
					Community
Fort Worth Transitional Center	2015	State of Texas	248	-	Corrections	Aug-20	-	77.65%
Fort Worth, Texas
					Community
Ghent Residential Reentry Center	2019	BOP	36		Corrections	Feb-21	(1) 1 year	167.49%
Norfolk, Virginia
					Community
James River Residential Reentry Center	2019	BOP	84		Corrections	Feb-21	(1) 1 year	99.46%
Newport News, Virginia
					Community
Cheyenne Transitional Center	2015	State of Wyoming	116	-	Corrections	Jul-20	(2) 1 year	75.46%
Cheyenne, Wyoming
Total design capacity for CoreCivic Community (27 Facilities)
		5,233					62.3%
Total Design Capacity for all Facilities as of June 30, 2020
		77,722					74.9%
Less Idle Facilities (9 Facilities)			(7,615)					0.0%
Total Facilities, Excluding Idle Facilities
		70,107					82.7%

															Safety and Community
90,000													Occupancy and Average Daily Population												100.0%
85,000																																			95.0%
80,000																																			90.0%
75,000																								82.3%		82.7%		82.8%		82.9%					85.0%
				79.3%		80.2%		80.7%		81.0%				79.2%		79.3%		79.7%		80.2%		80.8%										79.4%
70,000								79.0%																79.0%	80.0%
		75.1%																																		74.9%
65,000																																			75.0%
60,000																																			70.0%
55,000																																			65.0%
50,000																																			60.0%
45,000																																			55.0%
40,000																																						50.0%
		1Q16		2Q16		3Q16		4Q16		1Q17		2Q17		3Q17		4Q17		1Q18		2Q18	3Q18	4Q18		1Q19		2Q19		3Q19		4Q19		1Q20		2Q20

Average Number		Average Daily Population		Occupancy
of Beds Available				Rate

FACILITY PORTFOLIO

19 of 23

	Year					Tenant
					Lease	Remaining	Occupancy %
	Constructed/		Design		Property	Expiration	Renewal	for the Quarter
Property Name	Acquired (A)	Primary Customer	Capacity (B)	Square Footage	Type (C)	(N)	Options (D)	ended 6/30/20
CoreCivic Properties:
					Government-
SSA-Alexander City	2020	GSA - Social Security Administration	-	11,000	Leased	Jun-22	NA	100.00%
Alexander City, Alabama
					Government-
SSA-Bessemer (O)	2020	GSA - Social Security Administration	-	9,000	Leased	Jul-27	NA	100.00%
Bessemer, Alabama
					Government-
SSA-Birmingham (O)	2020	GSA - Social Security Administration	-	17,000	Leased	Apr-21	NA	100.00%
Birmingham, Alabama
					Government-
SSA-Fairhope (O)	2020	GSA - Social Security Administration	-	8,000	Leased	Jun-27	NA	100.00%
Fairhope, Alabama
					Government-
SSA-Gadsden (O)	2020	GSA - Social Security Administration	-	10,000	Leased	Nov-27	NA	100.00%
Gadsden, Alabama
					Government-
SSA-Huntsville (O)	2020	GSA - Social Security Administration	-	13,000	Leased	Dec-28	NA	100.00%
Huntsville, Alabama
					Government-
SSA-Mobile (O)	2020	GSA - Social Security Administration	-	52,000	Leased	Jul-28	NA	100.00%
Mobile, Alabama
		GSA - U.S. Immigration and Customs			Government-
ICE-Fayetteville	2018	Enforcement	-	5,000	Leased	May-27	NA	100.00%
Fayetteville, Arkansas
		GSA - Military Entrance Processing			Government-
MEPS-Little Rock (O)	2020	Station		24,000	Leased	May-32	(1) 5 year	86.63%
Little Rock, Arkansas
					Government-
SSA-Harrison	2018	GSA - Social Security Administration	-	11,000	Leased	Dec-22	NA	100.00%
Harrison, Arkansas
					Government-
SSA-Hot Springs	2018	GSA - Social Security Administration	-	11,000	Leased	Oct-25	NA	100.00%
Hot Springs, Arkansas
California City Correctional Center	1999	State of California	2,560	522,000	Correctional	Nov-20	Indefinite	100.00%
California City, California
					Community
Long Beach Community Corrections Center	2016	The GEO Group, Inc.	112	16,000	Corrections	Jun-25	NA	100.00%
Long Beach, California
					Community
Stockton Female Community Corrections Facility	2017	WestCare California, Inc.	100	15,000	Corrections	Oct-25	(1) 5 year	100.00%
Stockton, California

FACILITY PORTFOLIO

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	Year					Tenant
					Lease	Remaining	Occupancy %
	Constructed/		Design		Property	Expiration	Renewal	for the Quarter
Property Name	Acquired (A)	Primary Customer	Capacity (B)	Square Footage	Type (C)	(N)	Options (D)	ended 6/30/20
		State of Florida - Florida Dept. of			Government-
Capital Commerce Center	2018	Business & Professional Regulation	-	277,000	Leased	Oct-28	(2) 5 year	100.00%
Tallahassee, Florida
					Government-
OHO-Tallahassee (O)	2020	GSA - Office of Hearings Operations	-	25,000	Leased	Oct-20	NA	50.01%
Tallahassee, Florida
					Community
Augusta Transitional Center	2017	State of Georgia	230	29,000	Corrections	Jun-21	(2) 1 year	100.00%
Augusta, Georgia
					Government-
CBP-College Park (O)	2020	GSA - Customs and Border Patrol	-	22,000	Leased	Sep-21	NA	100.00%
College Park, Georgia
					Government-
OHO-Covington (O)	2020	GSA - Office of Hearings Operations	-	32,000	Leased	Aug-35	NA	93.00%
Covington, Georgia
					Government-
OHO-Savannah (O)	2020	GSA - Office of Hearings Operations	-	37,000	Leased	Jun-23	NA	100.00%
Savannah, Georgia
					Government-
SSA-Milledgeville	2017	GSA - Social Security Administration	-	9,000	Leased	Jan-30	NA	100.00%
Milledgeville, Georgia
Lansing Correctional Facility	2020	State of Kansas	2,432	380,000	Correctional	Jan-40	NA	100.00%
Lansing, Kansas
		GSA - Department of Homeland			Government-
DHS-Bowling Green	2020	Security	-	5,000	Leased	Aug-23	NA	100.00%
Bowling Green, Kentucky
					Government-
OHO-Paducah (O)	2020	GSA - Office of Hearings Operations	-	23,000	Leased	Nov-33	NA	59.88%
Paducah, Kentucky
					Government-
Southeast Correctional Complex (P)	1998	Commonwealth of Kentucky	656	127,000	Leased	Jun-30	(5) 2 year	-
Wheelwright, Kentucky
					Government-
SSA-Bowling Green	2020	GSA - Social Security Administration	-	14,000	Leased	Sep-28	NA	100.00%
Bowling Green, Kentucky
					Government-
SSA-Campbellsville	2020	GSA - Social Security Administration	-	13,000	Leased	Jun-24	NA	100.00%
Campbellsville, Kentucky
					Government-
SSA-Elizabethtown (O)	2020	GSA - Social Security Administration	-	13,000	Leased	Jan-23	NA	100.00%
Elizabethtown, Kentucky
					Government-
SSA-Frankfort (O)	2020	GSA - Social Security Administration	-	14,000	Leased	Aug-20	NA	100.00%
Frankfort, Kentucky

FACILITY PORTFOLIO

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	Year					Tenant
					Lease	Remaining	Occupancy %
	Constructed/		Design		Property	Expiration	Renewal	for the Quarter
Property Name	Acquired (A)	Primary Customer	Capacity (B)	Square Footage	Type (C)	(N)	Options (D)	ended 6/30/20
					Government-
SSA-Richmond (O)	2020	GSA - Social Security Administration	-	7,000	Leased	Jan-22	NA	100.00%
Richmond, Kentucky
					Government-
SSA-Baltimore	2018	GSA - Social Security Administration	-	541,000	Leased	Jan-34	NA	100.00%
Baltimore, Maryland
		Michigan Department of Technology,			Government-
MDHHS-Detroit	2019	Management and Budget	-	37,000	Leased	Jun-28	(1) 6 year	100.00%
Detroit, Michigan
					Government-
SSA-Columbus (O)	2020	GSA - Social Security Administration	-	11,000	Leased	Aug-23	NA	100.00%
Columbus, Mississippi
					Government-
SSA-Moss Point (O)	2020	GSA - Social Security Administration	-	7,000	Leased	Feb-22	NA	100.00%
Moss Point, Mississippi
					Government-
SSA-Florissant	2018	GSA - Social Security Administration	-	12,000	Leased	Apr-21	NA	100.00%
St Louis, Missouri
					Government-
IRS-Greenville	2017	GSA - Internal Revenue Service	-	13,000	Leased	Mar-24	NA	90.83%
Greenville, North Carolina
					Government-
SSA-Greenville (O)	2020	GSA - Social Security Administration	-	14,000	Leased	Feb-23	NA	100.00%
Greenville, North Carolina
					Government-
SSA-Henderson (O)	2020	GSA - Social Security Administration	-	9,000	Leased	Nov-24	NA	100.00%
Henderson, North Carolina
					Government-
SSA-Rockingham	2017	GSA - Social Security Administration	-	8,000	Leased	Mar-25	NA	100.00%
Rockingham, North Carolina
		GSA - National Archives & Records			Government-
NARA-Dayton	2018	Administration	-	217,000	Leased	Jan-23	(2) 10 year	100.00%
Dayton, Ohio
North Fork Correctional Facility	1998, 2007	State of Oklahoma	2,400	466,000	Correctional	Jul-21	Indefinite	100.00%
Sayre, Oklahoma
					Government-
SSA-McAlester	2018	GSA - Social Security Administration	-	9,000	Leased	May-21	NA	100.00%
McAlester, Oklahoma
					Government-
SSA-Poteau	2018	GSA - Social Security Administration	-	6,000	Leased	Apr-22	NA	100.00%
Poteau, Oklahoma
					Community
Broad Street Residential Reentry Center	2015	-	150	18,000	Corrections	-	-	0.00%
Philadelphia, Pennsylvania

FACILITY PORTFOLIO

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	Year						Tenant
						Lease	Remaining	Occupancy %
	Constructed/		Design			Property	Expiration	Renewal	for the Quarter
Property Name	Acquired (A)	Primary Customer	Capacity (B)		Square Footage	Type (C)	(N)	Options (D)	ended 6/30/20
						Community
Roth Hall Residential Reentry Center	2015	City of Philadelphia, Pennsylvania	136	18,000	Corrections	Dec-20	-	0.00%
Philadelphia, Pennsylvania
						Community
Walker Hall Residential Reentry Center	2015	City of Philadelphia, Pennsylvania	144	18,000	Corrections	Dec-20	-	0.00%
Philadelphia, Pennsylvania
		GSA - Department of Homeland				Government-
DHS-Chattanooga	2018	Security	-	5,000	Leased	Apr-25	NA	100.00%
Chattanooga, Tennessee
		GSA - Department of Homeland				Government-
DHS-Knoxville	2018	Security	-	5,000	Leased	Oct-24	NA	100.00%
Knoxville, Tennessee
						Government-
SSA-Lawrenceburg (O)	2020	GSA - Social Security Administration	-	7,000	Leased	Jun-22	NA	100.00%
Lawrenceburg, Tennessee
						Government-
SSA-Memphis (O)	2020	GSA - Social Security Administration	-	22,000	Leased	May-30	NA	100.00%
Memphis, Tennessee
						Government-
SSA-Memphis North (O)	2020	GSA - Social Security Administration	-	13,000	Leased	Apr-30	NA	100.00%
Memphis, Tennessee
						Government-
SSA-Nashville (O)	2020	GSA - Social Security Administration	-	19,000	Leased	Feb-21	NA	100.00%
Nashville, Tennessee
						Government-
SSA-Tullahoma (O)	2020	GSA - Social Security Administration	-	9,000	Leased	Sep-23	NA	100.00%
Tullahoma, Tennessee
						Government-
SSA-Balch Springs	2018	GSA - Social Security Administration	-	16,000	Leased	Nov-33	NA	100.00%
Balch Springs, Texas
						Government-
SSA-Bryan	2018	GSA - Social Security Administration	-	10,000	Leased	Mar-22	NA	100.00%
Bryan, Texas
						Government-
SSA-Denton	2018	GSA - Social Security Administration	-	10,000	Leased	Nov-26	NA	100.00%
Denton, Texas
						Government-
SSA-Marshall	2018	GSA - Social Security Administration	-	7,000	Leased	Dec-29	NA	64.55%
Marshall, Texas
Total Design Capacity and Square Footage of Leased Properties (57 Properties)
	8,920		3,278,000				97.3%

FACILITY PORTFOLIO

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1. The year constructed/acquired represents the initial date of acquisition or completion of construction of the facility, as well as significant additions to the facility that occurred at a later date.
2. Design capacity measures the number of beds, and accordingly, the number of offenders each facility is designed to accommodate. Facilities housing detainees on a short-term basis may exceed the original intended design capacity due to the lower level of services required by detainees in custody for a brief period. From time to time, we may evaluate the design capacity of our facilities based on the customers using the facilities, and the ability to reconfigure space with minimal capital outlays. We believe design capacity is an appropriate measure for evaluating the operations in our CoreCivic Safety and CoreCivic Community segments, because the revenue generated by each facility is based on a per diem or monthly rate per offender cared for at the facility paid by the corresponding contracting governmental entity.
3. We manage numerous facilities that have more than a single function (i.e., housing both long-term sentenced adult prisoners and pre-trial detainees). The primary functional categories into which facility types are identified was determined by the relative size of offender populations in a particular facility on June 30, 2020. If, for example, a 1,000-bed facility cared for 900 adult offenders with sentences in excess of one year and 100 pre-trial detainees, the primary functional category to which it would be assigned would be that of correctional facilities and not detention facilities. It should be understood that the primary functional category to which multi-user facilities are assigned may change from time to time.
4. Remaining renewal options represents the number of renewal options, if applicable, and the remaining term of each option renewal.
5. Pursuant to the terms of a contract awarded by the state of Arizona in September 2012, the state of Arizona has an option to purchase the Red Rock facility at any time during the term of the contract, including extension options, based on an amortization schedule starting with the fair market value and decreasing evenly to zero over the twenty year term.
6. The facility is subject to a purchase option held by the Georgia Department of Corrections, or GDOC, which grants the GDOC the right to purchase the facility for the lesser of the facility's depreciated book value, as defined, or fair market value at any time during the term of the contract between us and the GDOC.
7. The facility is subject to a purchase option held by the Tallahatchie County Correctional Authority which grants Tallahatchie County Correctional Authority the right to purchase the facility at any time during the contract at a price generally equal to the cost of the premises less an allowance for amortization originally over a 20 year period. The amortization period was extended through 2050 in connection with an expansion completed during the fourth quarter of 2007.
8. The state of Montana has an option to purchase the facility generally at any time during the term of the contract with us at fair market value less the sum of a pre-determined portion of per-diem payments made to us by the state of Montana.
9. The state of Ohio has the irrevocable right to repurchase the facility before we may resell the facility to a third party, or if we become insolvent or are unable to meet our obligations under the management contract with the state of Ohio, at a price generally equal to the fair market value, as defined in the Real Estate Purchase Agreement.
10. The facility is subject to a purchase option held by the Oklahoma Department of Corrections, or ODC, which grants the ODC the right to purchase the facility at its fair market value at any time. During the third quarter of 2020, predominately due to a lower number of inmate populations in the state of Oklahoma resulting from COVID-19, combined with the consequential impact of COVID-19 on the State's budget, we agreed with the State to idle our Cimarron Correctional Facility during the third quarter of 2020.
11. The state of Tennessee has the option to purchase the facility in the event of our bankruptcy, or upon an operational or financial breach, as defined, at a price equal to the book value, as defined.
12. During the third quarter of 2020, we provided notice to Davidson County, Tennessee of our intent to terminate the existing management contract. We expect to transition operations of the Metro-Davidson County Detention Facility in the fourth quarter of 2020.
13. During the third quarter of 2020, we provided notice to Hamilton County, Tennessee of our intent to terminate the existing management contract. We expect to transition operations of the Silverdale Detention Center in the fourth quarter of 2020.
14. The date of lease expiration does not include renewal options, but does include the soft term, where applicable.
15. The property is owned by Government Real Estate Solutions, LLC, an unrestricted subsidiary controlled by the Company.
16. The Commonwealth of Kentucky has an option to purchase the facility at any time during the term of the lease with us at a price equal to the fair market value of the property.