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

LEASES (Tables)

9 Months Ended

Sep. 30, 2023

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


	For the Three Months Ended				For the Nine Months Ended
	September 30, 2023		September 30, 2022		September 30, 2023		September 30, 2022
Lease cost:
Operating lease cost	$	319,585	$	446,601	$	1,301,515	$	1,339,803


Other Information:
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	100,857	$	341,186	$	1,131,383	$	1,441,220


Supplemental disclosure of non-cash leasing activities:
Right-of-use assets obtained in exchange for new operating lease liabilities	$	97,415	$	—	$	2,330,936	$	—

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



	September 30, 2023		December 31, 2022
Weighted average remaining lease term - operating leases (in years)	10.2		11.0
Weighted average discount rate - operating leases	8.44	%	7.45	%