v3.22.2.2
Consolidated Balance Sheets - USD ($)
Sep. 30, 2022
Dec. 31, 2021
Assets    
Property and equipment, net of accumulated depreciation of $48,864,283 and $37,022,035, respectively (Crimson VIE*: $337,470,077, and $338,452,392, respectively) $ 438,249,633 $ 441,430,193
Leased property, net of accumulated depreciation of $289,154 and $258,207, respectively 1,236,873 1,267,821
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000, respectively 904,743 1,036,660
Cash and cash equivalents (Crimson VIE: $3,125,706 and $1,870,000, respectively) 21,776,263 12,496,478
Accounts and other receivables (Crimson VIE: $7,654,757 and $11,291,749, respectively) 10,609,744 15,367,389
Due from affiliated companies (Crimson VIE: $94,994 and $676,825, respectively) 94,994 676,825
Deferred costs, net of accumulated amortization of $631,408 and $345,775, respectively 510,939 796,572
Inventory (Crimson VIE: $5,859,262 and $3,839,865, respectively) 6,004,037 3,953,523
Prepaid expenses and other assets (Crimson VIE: $3,946,389 and $5,004,566, respectively) 5,699,079 9,075,043
Operating right-of-use assets (Crimson VIE: $4,755,606 and $5,647,631, respectively) 5,082,028 6,075,939
Deferred tax asset, net 111,681 206,285
Goodwill 0 16,210,020
Total Assets 490,280,014 508,592,748
Liabilities and Equity    
Secured credit facilities, net of deferred financing costs of $817,972 and $1,275,244, respectively 99,182,028 99,724,756
Unsecured convertible senior notes, net of discount and debt issuance costs of $1,890,895 and $2,384,170, respectively 116,159,105 115,665,830
Accounts payable and other accrued liabilities (Crimson VIE: $14,935,627 and $9,743,904, respectively) 19,596,670 17,036,064
Income tax payable 344,630 0
Due to affiliated companies (Crimson VIE: $276,428 and $648,316, respectively) 276,428 648,316
Operating lease liability (Crimson VIE: $4,653,594 and $5,647,036, respectively) 4,951,891 6,046,657
Unearned revenue (Crimson VIE: $205,790 and $199,405, respectively) 5,990,897 5,839,602
Total Liabilities 246,501,649 244,961,225
Commitments and contingencies
Equity    
Additional paid-in capital 329,796,049 338,302,735
Retained deficit (339,752,470) (327,157,636)
Total CorEnergy Equity 119,585,115 140,686,351
Non-controlling interest (Crimson) 124,193,250 122,945,172
Total Equity 243,778,365 263,631,523
Total Liabilities and Equity 490,280,014 508,592,748
Series A Cumulative Redeemable Preferred Stock    
Equity    
Series A Cumulative Redeemable Preferred Stock 7.375%, $129,525,675 liquidation preference ($2,500 per share, $0.001 par value); 10,000,000 authorized; 51,810 issued and outstanding at September 30, 2022 and December 31, 2021 129,525,675 129,525,675
Common Class A    
Equity    
Common stock 15,177 14,893
Class B Common Stock    
Equity    
Common stock $ 684 $ 684

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