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

LEASES (Tables)

6 Months Ended

Jun. 30, 2023

The Company noted the following information regarding its operating leases for the three and six months ended June 30, 2023 and 2022:


	For the Three Months Ended				For the Six Months Ended
	June 30, 2023		June 30, 2022		June 30, 2023		June 30, 2022
Lease cost:
Operating lease cost	$	535,329	$	446,601	$	981,930	$	893,202


Other Information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	265,316	$	341,185	$	1,030,526	$	1,100,034


Supplemental disclosure of non-cash leasing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	2,233,521	$	—	$	2,233,521	$	—

The following table reflects the weighted average lease term and discount rate for leases in which the Company is a lessee:



	June 30, 2023		December 31, 2022
Weighted average remaining lease term - operating leases (in years)	10.4		11.0
Weighted average discount rate - operating leases	8.36	%	7.45	%