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

3 Months Ended

Mar. 31, 2013

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following:



Property and Equipment
	March 31, 2013			November 30, 2012			December 31, 2012
Natural gas pipeline	$	5,215,424		$	5,215,424		$	5,215,424
Vehicles and trailers	125,117			110,782			110,783
Computers	14,548			14,018			14,439
Gross property and equipment	5,355,089			5,340,224			5,340,646
Less: accumulated depreciation	(1,825,253		)	(1,751,202		)	(1,774,616		)
Net property and equipment	$	3,529,836		$	3,589,022		$	3,566,030

The amounts of depreciation of property and equipment recognized for the three-month periods ended March 31, 2013 and February 29, 2012 and for the one-month transition period ended December 31, 2012 were $71 thousand, $70 thousand, and $23 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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