CorEnergy Infrastructure Trust, Inc. Annual report pursuant to Section 13 and 15(d)

SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE

12 Months Ended

Dec. 31, 2019

SCHEDULE IV - MORTGAGE LOANS ON REAL ESTATE - CorEnergy Infrastructure Trust, Inc.



Description	Interest Rate	Final Maturity	Monthly Payment Amount		Prior Liens	Face Value		Carrying Amount of Mortgage		Principal Amount of Loans Subject to Delinquent Principal or Interest
First Mortgages
Billings, Dunn and McKenzie Counties, North Dakota (Morlock Well)	8.50%	6/30/2021	$	10,833	None	$	1,300,000	$	1,235,000	$	—
Total						$	1,300,000	$	1,235,000	$	—

NOTES TO SCHEDULE IV - CONSOLIDATED MORTGAGE LOANS ON REAL ESTATE

Reconciliation of Mortgage Loans on Real Estate



	For the Years Ended December 31,
	2019		2018			2017
Beginning balance	$	1,300,000	$	1,500,000		$	1,500,000
Additions:
New loans	—		—			—
Interest receivable	—		—			—
Total Additions	$	—	$	—		$	—
Deductions:
Principal repayments⁽¹⁾	$	65,000	$	236,867		$	—
Foreclosures	—		—			—
Amortization of deferred costs	—		—			—
Principal, Interest and Deferred Costs Write Up⁽¹⁾	—		(36,867		)	—
Total deductions	$	65,000	$	200,000		$	—
Ending balance	$	1,235,000	$	1,300,000		$	1,500,000
(1) In 2018, Four Wood Corridor and Compass SWD executed a $1.3 million loan agreement and Compass SWD paid approximately $237 thousand in cash for assets secured by the previous $1.5 million loans. As a result, SWD Enterprises was released from the terms of its loans, and the Company recognized a provision for loan gain of $37 thousand in the Consolidated Statements of Income. Refer to Note 5 ("Financing Notes Receivable") for further details.