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SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
12 Months Ended
Dec. 31, 2024
Schedule of Useful Life of Property and Equipment Useful lives for property and equipment are as follows:

Land improvements

5 – 20 years

Buildings and improvements

5 – 50 years

Equipment and software

3 – 10 years

Office furniture and fixtures

5 years

Schedule of Financial Instruments Having Difference Between Carrying Amount and Fair Value At December 31, 2024 and 2023, there were no material differences between the carrying amounts and the estimated fair values of CoreCivic's financial instruments, other than as follows (in thousands):

 

 

December 31,

 

 

 

2024

 

 

2023

 

 

 

Carrying
Amount

 

 

Fair Value

 

 

Carrying
Amount

 

 

Fair Value

 

Debt

 

$

(997,380

)

 

$

(1,005,425

)

 

$

(1,106,691

)

 

$

(1,090,326

)