Quarterly report pursuant to Section 13 or 15(d)

Earnings (Loss) Per Share

v3.21.2
Earnings (Loss) Per Share
 6 Months Ended
Jun. 30, 2021
Earnings Per Share [Abstract]  
Earnings (Loss) Per Share EARNINGS (LOSS) PER SHARE
Basic earnings (loss) per share data is computed based on the weighted-average number of shares of Common Stock outstanding during the periods. Diluted earnings (loss) per share data is computed based on the weighted-average number of shares of Common Stock outstanding, including all potentially issuable shares of Common Stock. Diluted loss per share for the three and six months ended June 30, 2021 and 2020 excludes the impact to income and the number of shares outstanding from the conversion of the 7.00% Convertible Notes and the 5.875% Convertible Notes, as applicable, because such impact is antidilutive. The 7.00% Convertible Notes matured on June 15, 2020.
Under the if converted method, the 5.875% Convertible Notes would result in an additional 2,361,000, common shares outstanding for the three and six months ended June 30, 2021, respectively.
For the Three Months Ended For the Six Months Ended
June 30, 2021 June 30, 2020 June 30, 2021 June 30, 2020
Net Income (Loss) attributable to CorEnergy Stockholders $ 412,539  $ (137,434,433) $ (11,887,032) $ (299,476,801)
Less: preferred dividend requirements 2,309,672  2,309,672  4,619,344  4,570,465 
Net loss attributable to Common Stockholders $ (1,897,133) $ (139,744,105) $ (16,506,376) $ (304,047,266)
Weighted average shares - basic 13,659,667  13,651,521  13,655,617  13,649,907 
Basic loss per share $ (0.14) $ (10.24) $ (1.21) $ (22.27)
Net Loss attributable to Common Stockholders (from above) $ (1,897,133) $ (139,744,105) $ (16,506,376) $ (304,047,266)
Loss attributable for dilutive securities $ (1,897,133) $ (139,744,105) $ (16,506,376) $ (304,047,266)
Weighted average shares - diluted 13,659,667  13,651,521  13,655,617  13,649,907 
Diluted loss per share $ (0.14) $ (10.24) $ (1.21) $ (22.27)