Annual report pursuant to Section 13 and 15(d)

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
 12 Months Ended
Dec. 31, 2021
Earnings Per Share [Abstract]  
EARNINGS (LOSS) PER SHARE EARNINGS (LOSS) PER SHARE
Basic loss per share data is computed based on the weighted-average number of shares of Common Stock and Class B Common Stock outstanding during the periods. Diluted loss per share data is computed based on the weighted-average number of shares of Common Stock and Class B Common Stock outstanding, including all potentially issuable shares of Common Stock and Class B Common Stock. Diluted loss per share for the years ended December 31, 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 remaining 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 years ended December 31, 2021 and December 31, 2020. For the year ended December 31, 2019, the 7.00% Convertible Senior Notes and 5.875% Convertible Senior Notes would result in an additional 2,463,394 common shares outstanding from the if-converted method.
Earnings (Loss) Per Share
For the Years Ended December 31,
2021 2020 2019
Net Income (Loss) attributable to CorEnergy Stockholders $ (11,531,081) $ (306,067,579) $ 4,079,495 
Less: preferred dividend requirements(1) (2)
9,395,604  9,189,809  9,255,468 
Net Loss attributable to Common Stockholders $ (20,926,685) $ (315,257,388) $ (5,175,973)
Weighted average shares - basic 14,581,850  13,650,718  13,041,613 
Basic loss per share $ (1.44) $ (23.09) $ (0.40)
Net Loss attributable to Common Stockholders (from above) $ (20,926,685) $ (315,257,388) $ (5,175,973)
Weighted average shares - diluted 14,581,850  13,650,718  13,041,613 
Diluted loss per share $ (1.44) $ (23.09) $ (0.40)