Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets

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Consolidated Balance Sheets - USD ($)
Sep. 30, 2017
Dec. 31, 2016
Assets    
Leased property, net of accumulated depreciation of $67,171,667 and $52,219,717 $ 474,306,419 $ 489,258,369
Property and equipment, net of accumulated depreciation of $11,803,423 and $9,292,712 113,943,021 116,412,806
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 10,457,982 9,287,209
Cash and cash equivalents 15,533,509 7,895,084
Deferred rent receivable 20,260,686 14,876,782
Accounts and other receivables 3,853,572 4,538,884
Deferred costs, net of accumulated amortization of $457,277 and $2,261,151 3,657,017 3,132,050
Prepaid expenses and other assets 815,458 354,230
Deferred tax asset, net 1,892,611 1,758,289
Goodwill 1,718,868 1,718,868
Total Assets 647,939,143 650,732,571
Liabilities and Equity    
Secured credit facilities, net (including $7,534,177 and $8,860,577 with related party) 17,534,177 89,387,985
Unsecured convertible senior notes, net of discount and debt issuance costs of $2,164,715 and $2,755,105 111,835,285 111,244,895
Asset retirement obligation 12,375,105 11,882,943
Accounts payable and other accrued liabilities 4,634,946 2,416,283
Management fees payable 1,761,756 1,735,024
Unearned revenue 543,050 155,961
Total Liabilities 148,684,319 216,823,091
Equity    
Series A Cumulative Redeemable Preferred Stock 7.375%, $130,000,000 and $56,250,000 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 52,000 and 22,500 issued and outstanding at September 30, 2017 and December 31, 2016, respectively 130,000,000 56,250,000
Capital stock, non-convertible, $0.001 par value; 11,909,244 and 11,886,216 shares issued and outstanding at September 30, 2017 and December 31, 2016 (100,000,000 shares authorized) 11,909 11,886
Additional paid-in capital 341,678,080 350,217,746
Accumulated other comprehensive loss (2,180) (11,196)
Total CorEnergy Equity 471,687,809 406,468,436
Non-controlling interest 27,567,015 27,441,044
Total Equity 499,254,824 433,909,480
Total Liabilities and Equity $ 647,939,143 $ 650,732,571