CorEnergy Infrastructure Trust, Inc. Quarterly report pursuant to Section 13 or 15(d)

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

Property and Equipment

9 Months Ended

Sep. 30, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following:



Property and Equipment
	September 30, 2013			November 30, 2012
Natural gas pipeline	$	5,215,424		$	5,215,424
Vehicles and trailers	125,117			110,782
Computers	15,626			14,018
Gross property and equipment	5,356,167			5,340,224
Less: accumulated depreciation	(1,966,766		)	(1,751,202		)
Net property and equipment	$	3,389,401		$	3,589,022

The amounts of depreciation of property and equipment recognized for the three and nine months ended September 30, 2013 and August 31, 2012 were $71 thousand, $70 thousand, $212 thousand, and $211 thousand, respectively.

- Definition

The entire disclosure for long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. This disclosure may include property plant and equipment accounting policies and methodology, a schedule of property, plant and equipment gross, additions, deletions, transfers and other changes, depreciation, depletion and amortization expense, net, accumulated depreciation, depletion and amortization expense and useful lives, income statement disclosures, assets held for sale and public utility disclosures.

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