CoreCivic Investor Presentation Q4 2020
Calculation of NOI
($ in thousands)
For the Three Months Ended
December 31,
For the Full Year Ended
December 31,
2020
2019
2020
2019
Revenue
Safety
Community
$
424,318
SA
$
25,320
447,413
31,145
1,706,232
$
SA
1,779,958
Properties
23,802
19,224
105,990
93,098
123,265
77,307
Other
Total revenues
Operating Expenses
Safety
Community
37
27
165
159
$
473,477
$
497,809
$
1,905,485
SA
$
1,980,689
$
315,127
$
332,415
1,288,938
$
1,304,121
21,158
24,409
88,903
95,159
Properties
6,857
5,426
28,128
22,803
Other
65
Total operating expenses
$
343,207
EA
$
Net Operating Income
Safety
109,191
SA
Community
Properties
Other
Total Net Operating Income
Net income (loss)
4,162
16,945
Income tax expense
Other (income) expense
Loss (gain) on sale of real estate assets
Expenses associated with debt repayments and refinancing transactions
Interest expense, net
General and administrative
Depreciation and amortization
Contingent consideration for acquisition of businesses
(28)
$
130,270
$
$
(26,803)
SA
1,203
$
273
362,523
114,998
6,736
13,798
(246)
135,286
407
686
SA
1,406,376
417,294
SA
$
1,422,769
41,974
Asset impairments
Total Net Operating Income
188
1,897
450
4,386
(525)
(527)
557,920
188,886
7,839
123
17,943
13,023
(287)
7,141
602
7,141
602
19,572
21,328
83,299
84,401
27,031
32,231
124,338
36,425
36,804
150,861
127,078
144,572
620
47,570
60,628
$
130,270
SA
$
135,286
$
499,109
SA
$
4,706
557,920
17,087
64,970
(242)
475,837
28,106
54,504
ᏌᏊ
499,109
55,338
SA
SA
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