v3.21.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2021
Dec. 31, 2020
Sep. 30, 2020
Assets      
Property and equipment, net of accumulated depreciation of $32,592,641 and $22,580,810 (Crimson VIE: $341,422,699, and $0, respectively) $ 445,250,237 $ 106,224,598  
Leased property, net of accumulated depreciation of $247,893 and $6,832,167 1,278,135 64,938,010  
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000 1,078,072 1,209,736  
Cash and cash equivalents (Crimson VIE: $4,129,699 and $0, respectively) 15,091,957 99,596,907  
Accounts and other receivables (Crimson VIE: $11,426,137 and $0, respectively) 14,573,047 3,675,977  
Due from affiliated companies (Crimson VIE: $953,806 and $0, respectively) 953,806 0  
Deferred costs, net of accumulated amortization of $250,564 and $2,130,334 891,783 1,077,883  
Inventory (Crimson VIE: $3,229,161 and $0, respectively) 3,342,111 87,940  
Prepaid expenses and other assets (Crimson VIE: $5,159,383 and $0, respectively) 10,550,792 2,054,804  
Operating right-of-use assets (Crimson VIE: $5,950,501 and $0, respectively) 6,433,505 85,879  
Deferred tax asset, net 4,060,239 4,282,576  
Goodwill 16,210,020 1,718,868  
Total Assets 519,713,704 284,953,178  
Liabilities and Equity      
Secured credit facilities, net of deferred financing costs of $1,427,667 and $0 102,572,333 0  
Unsecured convertible senior notes, net of discount and debt issuance costs of $2,548,595 and $3,041,870 115,501,404 115,008,130  
Asset retirement obligation 0 8,762,579  
Accounts payable and other accrued liabilities (Crimson VIE: $14,416,975 and $0, respectively) 20,901,358 4,628,847  
Management fees payable 0 971,626  
Income tax liability 33,027 0  
Due to affiliated companies (Crimson VIE: $765,228 and $0, respectively) 765,228 0  
Operating lease liability (Crimson VIE: $5,826,885 and $0, respectively) 6,281,014 56,441  
Unearned revenue (Crimson VIE $315,000 and $0, respectively) 6,001,622 6,125,728  
Total Liabilities 252,055,986 135,553,351  
Commitments and Contingencies (Note 10)  
Equity      
Additional paid-in capital 341,331,070 339,742,380  
Retained deficit (324,749,301) (315,626,555)  
Total CorEnergy Equity 146,122,994 149,399,827 $ 155,063,756
Non-controlling interest (Crimson) 121,534,724 0  
Total Equity 267,657,718 149,399,827  
Total Liabilities and Equity 519,713,704 284,953,178  
Series A Cumulative Redeemable Preferred Stock      
Equity      
Series A Cumulative Redeemable Preferred Stock 7.375%, $129,525,675 and $125,270,350 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 51,810 and 50,108 issued and outstanding at September 30, 2021 and December 31, 2020, respectively 129,525,675 125,270,350  
Non-Convertible Common Stock      
Equity      
Common stock, value 14,866 13,652  
Class B Common Stock      
Equity      
Common stock, value $ 684 $ 0  

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