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CoreCivic, Inc. is a private prison and detention facility operator providing correctional and detention management services to government agencies in the United States. The company owns and operates detention facilities housing inmates and detainees for federal, state, and local government clients. CoreCivic generates revenues from per-diem payments for inmate housing and facility management services. The company also owns and operates residential reentry facilities providing transitional services to offenders. Founded in 1983 as Corrections Corporation of America and headquartered in Brentwood, Tennessee, CoreCivic helped pioneer private prison operations in America. The company faces significant controversies regarding private incarceration, social and political opposition to private prisons, regulatory risks, contract renewal uncertainties, and reputational challenges. CoreCivic structured as a REIT but faces restrictions on REIT taxation election due to its activities. The company has experienced federal government contract uncertainties, occupancy challenges, and operational pressures. The prison REIT sector faces existential questions about the role of private prisons in the criminal justice system. CoreCivic continues to operate its facilities, serve government clients, and adapt to evolving criminal justice policies and political environments.