Quarterly report pursuant to Section 13 or 15(d)

Consolidated Balance Sheets (Unaudited)

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Consolidated Balance Sheets (Unaudited) (USD $)
Sep. 30, 2013
Nov. 30, 2012
Assets    
Leased property, net of accumulated depreciation of $9,967,558, and $1,131,680, respectively $ 234,763,415 $ 12,995,169
Other equity securities, at fair value 22,168,268 19,866,621
Cash and cash equivalents 18,918,718 14,333,456
Trading securities, at fair value 0 55,219,411
Property and equipment, net of accumulated depreciation of $1,966,766 and $1,751,202, respectively 3,389,401 3,589,022
Escrow receivable 0 698,729
Accounts receivable 1,142,898 1,570,257
Intangible lease asset, net of accumulated amortization of $656,863 and $413,580, respectively 437,908 681,191
Deferred debt issuance costs, net of accumulated amortization of $401,942 and $0, respectively 1,146,411 0
Deferred lease costs, net of accumulated amortization of $47,930 and $0, respectively 872,533 0
Hedged derivative asset 516,305 0
Current Tax Asset 770,763 0
Prepaid expenses and other assets 268,040 2,477,977
Total Assets 284,394,660 111,431,833
Liabilities and Equity    
Long-term debt 70,000,000 0
Accounts payable and other accrued liabilities 2,574,541 2,885,631
Dividends payable to shareholders 3,018,990 0
Lease obligation 0 27,522
Deferred tax liability 4,576,499 7,172,133
Line of credit 0 120,000
Unearned revenue 0 2,370,762
Total Liabilities 80,170,030 12,576,048
Equity    
Warrants, no par value; 945,594 issued and outstanding at September 30, 2013 and November 30, 2012 (5,000,000 authorized) 1,370,700 1,370,700
Capital stock, non-convertible, $0.001 par value; 24,151,870 shares issued and outstanding at September 30, 2013 and 9,190,667 shares issued and outstanding at November 30, 2012 (100,000,000 shares authorized) 24,152 9,191
Additional paid-in capital 173,411,657 91,763,475
Accumulated retained earnings 0 5,712,419
Accumulated other comprehensive income 658,470 0
Total CorEnergy Equity 175,464,979 98,855,785
Non-controlling Interest 28,759,651 0
Total Equity 204,224,630 98,855,785
Total Liabilities and Equity 284,394,660 111,431,833
Public Service Copmany of New Mexico [Member]
    
Liabilities and Equity    
Unearned revenue   $ 2,400,000