Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

v3.7.0.1
Consolidated Balance Sheets - USD ($)
Mar. 31, 2017
Dec. 31, 2016
Assets    
Leased property, net of accumulated depreciation of $57,203,700 and $52,219,717 $ 484,274,386 $ 489,258,369
Property and equipment, net of accumulated depreciation of $10,131,025 and $9,292,712 115,574,493 116,412,806
Financing notes and related accrued interest receivable, net of reserve of $4,100,000 and $4,100,000 1,500,000 1,500,000
Other equity securities, at fair value 8,563,297 9,287,209
Cash and cash equivalents 11,375,702 7,895,084
Accounts and other receivables 20,585,073 19,415,666
Deferred costs, net of accumulated amortization of $2,537,722 and $2,261,151 2,855,478 3,132,050
Prepaid expenses and other assets 841,936 354,230
Deferred tax asset 2,057,135 1,758,289
Goodwill 1,718,868 1,718,868
Total Assets 649,346,368 650,732,571
Liabilities and Equity    
Secured credit facilities, net (including $8,061,844 and $8,860,577 with related party) 86,992,738 89,387,985
Unsecured convertible senior notes, net of discount and debt issuance costs of $2,558,308 and $2,755,105 111,441,691 111,244,895
Asset retirement obligation 12,043,572 11,882,943
Accounts payable and other accrued liabilities 4,349,149 2,416,283
Management fees payable 1,745,294 1,735,024
Unearned revenue 513,355 155,961
Total Liabilities 217,085,799 216,823,091
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 at March 31, 2017, and December 31, 2016 56,250,000 56,250,000
Capital stock, non-convertible, $0.001 par value; 11,893,146 and 11,886,216 shares issued and outstanding at March 31, 2017, and December 31, 2016 (100,000,000 shares authorized) 11,893 11,886
Additional paid-in capital 348,182,779 350,217,746
Accumulated other comprehensive loss (8,224) (11,196)
Total CorEnergy Equity 404,436,448 406,468,436
Non-controlling Interest 27,824,121 27,441,044
Total Equity 432,260,569 433,909,480
Total Liabilities and Equity $ 649,346,368 $ 650,732,571