Annual report pursuant to Section 13 and 15(d)

Earnings Per Share (Tables)

v3.3.1.900
Earnings Per Share (Tables)
 12 Months Ended
Dec. 31, 2015
Earnings Per Share [Abstract]  
Computation of basic and diluted earnings per share
Basic earnings per share data is computed based on the weighted average number of shares of common stock outstanding during the periods. Diluted EPS data is computed based on the weighted average number of shares of common stock outstanding, including all potentially issuable shares of common stock. Diluted EPS for the year ended December 31, 2015 excludes the impact to income and the number of shares outstanding from the conversion of the 7.00% Convertible Senior Notes, because to do so would be antidilutive.
Earnings Per Share
 
 
 
 
 
 
For the Years Ended December 31,
 
2015
 
2014
 
2013
Net income attributable to CorEnergy stockholders
$
12,319,911

 
$
7,013,856

 
$
4,502,339

Less: preferred dividend requirements
3,848,828

 
—

 
—

Net income attributable to common stockholders
$
8,471,083

 
$
7,013,856

 
$
4,502,339

Weighted average shares - basic
10,685,892

 
6,605,715

 
4,829,879

Basic earnings per share
$
0.79

 
$
1.06

 
$
0.93

 
 
 
 
 
 
Net income attributable to common stockholders (from above)
$
8,471,083

 
$
7,013,856

 
$
4,502,339

Add: After tax effect of convertible interest
—

 
—

 
—

Income attributable for dilutive securities
$
8,471,083

 
$
7,013,856

 
$
4,502,339

Weighted average shares - diluted
10,685,892

 
6,605,715

 
4,829,879

Diluted earnings per share
$
0.79

 
$
1.06

 
$
0.93