Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Mar. 31, 2016
Dec. 31, 2015
Assets    
Leased property, net of accumulated depreciation of $38,124,111 and $33,869,263 $ 504,971,367 $ 509,226,215
Assets held for sale, less costs to sell 1,839,007 0
Property and equipment, net of accumulated depreciation of $6,840,717 and $5,948,988 118,971,300 119,629,978
Financing notes and related accrued interest receivable, net of reserve of $4,100,000 and $13,784,137 1,500,000 7,675,626
Other equity securities, at fair value 6,837,442 8,393,683
Cash and cash equivalents 12,849,652 14,618,740
Accounts and other receivables 13,714,978 10,431,240
Deferred costs, net of accumulated amortization of $1,435,213 and $2,717,609 3,957,987 4,187,271
Prepaid expenses and other assets 825,369 491,024
Deferred tax asset 2,184,371 1,606,976
Goodwill 1,718,868 1,718,868
Total Assets 669,370,341 677,979,621
Liabilities and Equity    
Current maturities of long-term debt 3,600,000 66,132,000
Current maturities of long-term debt - related party 668,556 0
Long-term debt, net of deferred debt costs 150,052,573 150,732,752
Long-term debt - related party 10,417,194 0
Asset retirement obligation 13,023,124 12,839,042
Accounts payable and other accrued liabilities 4,673,640 2,317,774
Management fees payable 1,894,112 1,763,747
Liabilities held for sale 439,007 0
Line of credit 44,000,000 0
Unearned revenue 2,761,202 0
Total Liabilities 231,529,408 233,785,315
Equity    
Series A Cumulative Redeemable Preferred Stock 7.375%, $56,250,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 22,500 issued and outstanding as of March 31, 2016, and December 31, 2015 56,250,000 56,250,000
Capital stock, non-convertible, $0.001 par value; 11,951,757 and 11,939,697 shares issued and outstanding at March 31, 2016, and December 31, 2015 (100,000,000 shares authorized) 11,952 11,940
Additional paid-in capital 355,140,047 361,581,507
Accumulated other comprehensive income (20,279) 190,797
Total CorEnergy Equity 411,381,720 418,034,244
Non-controlling Interest 26,459,213 26,160,062
Total Equity 437,840,933 444,194,306
Total Liabilities and Equity $ 669,370,341 $ 677,979,621