v3.22.2
Consolidated Balance Sheets - USD ($)
Jun. 30, 2022
Dec. 31, 2021
Assets    
Property and equipment, net of accumulated depreciation of $44,870,127 and $37,022,035 (Crimson VIE*: $335,765,423, and $338,452,392, respectively) $ 437,328,908 $ 441,430,193
Leased property, net of accumulated depreciation of $278,838 and $258,207 1,247,189 1,267,821
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000 950,034 1,036,660
Cash and cash equivalents (Crimson VIE: $501,055 and $1,870,000, respectively) 17,750,255 12,496,478
Accounts and other receivables (Crimson VIE: $8,577,791 and $11,291,749, respectively) 12,571,130 15,367,389
Due from affiliated companies (Crimson VIE: $231,105 and $676,825, respectively) 231,105 676,825
Deferred costs, net of accumulated amortization of $536,197 and $345,775 606,150 796,572
Inventory (Crimson VIE: $4,387,216 and $3,839,865, respectively) 4,540,818 3,953,523
Prepaid expenses and other assets (Crimson VIE: $3,931,105 and $5,004,566, respectively) 7,240,815 9,075,043
Operating right-of-use assets (Crimson VIE: $5,057,314 and $5,647,631, respectively) 5,374,148 6,075,939
Deferred tax asset, net 113,625 206,285
Goodwill 16,210,020 16,210,020
Total Assets 504,164,197 508,592,748
Liabilities and Equity    
Secured credit facilities, net of deferred financing costs of $970,395 and $1,275,244 96,029,605 99,724,756
Unsecured convertible senior notes, net of discount and debt issuance costs of $2,055,320 and $2,384,170 115,994,680 115,665,830
Accounts payable and other accrued liabilities (Crimson VIE: $8,596,936 and $9,743,904, respectively) 17,399,201 17,036,064
Income tax payable 305,205 0
Due to affiliated companies (Crimson VIE: $343,105 and $648,316, respectively) 343,105 648,316
Operating lease liability (Crimson VIE: $4,849,887 and $5,647,036, respectively) 5,138,409 6,046,657
Unearned revenue (Crimson VIE $205,790 and $199,405, respectively) 6,120,397 5,839,602
Total Liabilities 241,330,602 244,961,225
Commitments and contingencies
Equity    
Additional paid-in capital 332,588,181 338,302,735
Retained deficit (323,649,718) (327,157,636)
Total CorEnergy Equity 138,479,882 140,686,351
Non-controlling interest (Crimson) 124,353,713 122,945,172
Total Equity 262,833,595 263,631,523
Total Liabilities and Equity 504,164,197 508,592,748
Series A Cumulative Redeemable Preferred Stock    
Equity    
Series A Cumulative Redeemable Preferred Stock 7.375%, $129,525,675 and $129,525,675 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 51,810 and 51,810 issued and outstanding at June 30, 2022 and December 31, 2021, respectively 129,525,675 129,525,675
Non-Convertible Common Stock    
Equity    
Common stock 15,060 14,893
Class B Common Stock    
Equity    
Common stock $ 684 $ 684

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