| Computation of basic and diluted earnings per share |
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For the Three Months Ended |
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For the Nine Months Ended |
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September 30, 2019 |
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September 30, 2018 |
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September 30, 2019 |
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September 30, 2018 |
Net Income (loss) attributable to CorEnergy Stockholders |
$ |
(19,419,600 |
) |
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$ |
7,697,324 |
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$ |
(5,728,233 |
) |
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$ |
23,215,881 |
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Less: preferred dividend requirements |
2,313,780 |
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|
2,396,875 |
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|
6,941,688 |
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|
7,190,625 |
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Net Income (loss) attributable to Common Stockholders |
$ |
(21,733,380 |
) |
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$ |
5,300,449 |
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$ |
(12,669,921 |
) |
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$ |
16,025,256 |
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Weighted average shares - basic |
13,188,546 |
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|
11,939,360 |
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|
12,870,357 |
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|
11,928,929 |
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Basic earnings (loss) per share |
$ |
(1.65 |
) |
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$ |
0.44 |
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$ |
(0.98 |
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$ |
1.34 |
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Net Income (loss) attributable to Common Stockholders (from above) |
$ |
(21,733,380 |
) |
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$ |
5,300,449 |
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$ |
(12,669,921 |
) |
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$ |
16,025,256 |
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Add: After tax effect of convertible interest |
— |
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— |
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— |
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— |
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Income (loss) attributable for dilutive securities |
$ |
(21,733,380 |
) |
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$ |
5,300,449 |
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$ |
(12,669,921 |
) |
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$ |
16,025,256 |
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Weighted average shares - diluted |
13,188,546 |
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|
11,939,360 |
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|
12,870,357 |
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|
11,928,929 |
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Diluted earnings (loss) per share |
$ |
(1.65 |
) |
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$ |
0.44 |
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$ |
(0.98 |
) |
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$ |
1.34 |
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