Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) - USD ($)
Jun. 30, 2016
Dec. 31, 2015
Assets    
Leased property, net of accumulated depreciation of $42,821,737 and $33,869,263 $ 500,273,741 $ 509,226,215
Property and equipment, net of accumulated depreciation of $7,615,837 and $5,948,988 118,335,359 119,629,978
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 8,036,137 8,393,683
Cash and cash equivalents 8,116,117 14,618,740
Accounts and other receivables 14,658,133 10,431,240
Deferred costs, net of accumulated amortization of $1,708,009 and $2,717,609 3,685,192 4,187,271
Prepaid expenses and other assets 808,011 491,024
Deferred tax asset 1,977,585 1,606,976
Goodwill 1,718,868 1,718,868
Total Assets 659,109,143 677,979,621
Liabilities and Equity    
Current maturities of Term loan – related party 668,556 0
Current maturities of Term loan 7,890,000 66,132,000
Term loan – related party 9,660,629 0
Term loan, net of deferred debt costs 33,260,436 39,308,842
Line of credit 44,000,000 0
7% Convertible Senior Notes, net of discount and deferred debt costs 110,851,168 111,423,910
Asset retirement obligation 13,197,499 12,839,042
Accounts payable and other accrued liabilities 2,540,699 2,317,774
Management fees payable 1,699,786 1,763,747
Unearned revenue 54,094 0
Total Liabilities 223,822,867 233,785,315
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 June 30, 2016, and December 31, 2015 56,250,000 56,250,000
Capital stock, non-convertible, $0.001 par value; 11,869,828 and 11,939,697 shares issued and outstanding at June 30, 2016, and December 31, 2015 (100,000,000 shares authorized) 11,870 11,940
Additional paid-in capital 352,270,804 361,581,507
Accumulated other comprehensive income (loss) (17,274) 190,797
Total CorEnergy Equity 408,515,400 418,034,244
Non-controlling Interest 26,770,876 26,160,062
Total Equity 435,286,276 444,194,306
Total Liabilities and Equity $ 659,109,143 $ 677,979,621