Quarterly report pursuant to Section 13 or 15(d)

EARNINGS (LOSS) PER SHARE

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EARNINGS (LOSS) PER SHARE
6 Months Ended
Jun. 30, 2022
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 and Class B 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 and Class B Common Stock outstanding, including all potentially issuable shares of Common Stock and Class B Common Stock. Diluted earnings (loss) per share for the three and six months ended June 30, 2022 and 2021 excludes the impact to income and the number of shares outstanding from the conversion of restricted stock units and the 5.875% Convertible Notes, because such impact is antidilutive.
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, 2022.
For the Three Months Ended For the Six Months Ended
June 30, 2022 June 30, 2021 June 30, 2022 June 30, 2021
Net Income (loss) $ 2,170,126  $ 2,427,409  $ 6,534,883  $ (8,266,854)
Less: Net income attributable to non-controlling interest $ 966,671  $ 2,014,870  $ 3,026,965  $ 3,620,178 
Net income (loss) attributable to CorEnergy $ 1,203,455  $ 412,539  $ 3,507,918  $ (11,887,032)
Less: preferred dividend requirements 2,388,130  2,309,672  4,776,260  4,619,344 
Net loss attributable to Common Stockholders $ (1,184,675) $ (1,897,133) $ (1,268,342) $ (16,506,376)
Weighted average common shares - basic 15,673,703  13,659,667  15,637,515  13,655,617 
Basic loss per common share $ (0.08) $ (0.14) $ (0.08) $ (1.21)
Net loss attributable to Common Stockholders (from above) $ (1,184,675) $ (1,897,133) $ (1,268,342) $ (16,506,376)
Weighted average common shares - diluted 15,673,703  13,659,667  15,637,515  13,655,617 
Diluted loss per common share $ (0.08) $ (0.14) $ (0.08) $ (1.21)