CorEnergy Infrastructure Trust, Inc. Annual report pursuant to Section 13 and 15(d)

Annual report pursuant to Section 13 and 15(d)

REAL ESTATE AND ACCUMULATED DEPRECIATION (Notes)

REAL ESTATE AND ACCUMULATED DEPRECIATION (Notes)

12 Months Ended

Dec. 31, 2013

Real Estate and Accumulated Depreciation Disclosure [Abstract]

Real Estate and Accumulated Depreciation Disclosure [Text Block]



			Initial Cost to Company				Gross Amount Carried at Close of Period 12/31/13
Description	Location	Date Acquired	Land		Building & Fixtures		Land		Building & Fixtures		Total		Accumulated Depreciation		Investment in Real Estate, Net at 12/31/13		Encumbrances
Pinedale LGS¹	Pinedale, WY	2012	$	105,485,063	$	125,119,062	$	105,485,063	$	125,119,062	$	230,604,125	$	9,154,337	$	221,449,788	$	70,000,000
Eastern Interconnect Project	Albuquerque, NM	2011	—		14,126,849		—		14,126,849		14,126,849		3,600,251		10,526,598		—
			$	105,485,063	$	139,245,911	$	105,485,063	$	139,245,911	$	244,730,974	$	12,754,588	$	231,976,386	$	70,000,000
Pre-Acquisition Costs			$	—	$	244,232	$	—	$	244,232	$	244,232	$	—	$	244,232	$	—
			$	105,485,063	$	139,490,143	$	105,485,063	$	139,490,143	$	244,975,206	$	12,754,588	$	232,220,618	$	70,000,000

(1) In connection with the asset acquisition, CorEnergy and Pinedale LP incurred acquisition costs in connection with the transaction in the amount of $2,557,910.

NOTES TO SCHEDULE III - CONSOLIDATED REAL ESTATE AND ACCUMULATED DEPRECIATION

(a) Reconciliation of "Real Estate and Accumulated Depreciation"



	For the Years Ended						For the One-Month Transition Period Ended December 31, 2012
	December 31, 2013		November 30, 2012		November 30, 2011		For the One-Month Transition Period Ended December 31, 2012
Investment in real estate:
Balance, beginning of year	$	244,686,333	$	14,126,849	$	—	$	14,126,849
Addition: Acquisitions and developments	288,873		—		14,126,849		230,559,484
Deduction: Dispositions and other	—		—		—		—
Balance, end of year	$	244,975,206	$	14,126,849	$	14,126,849	$	244,686,333
Accumulated depreciation:
Balance, beginning of year	$	1,607,624	$	294,309	$	—	$	1,131,680
Addition: Depreciation	11,146,964		837,371		294,309		475,944
Deduction: Dispositions and other	—		—		—		—
Balance, end of year	$	12,754,588	$	1,131,680	$	294,309	$	1,607,624

The aggregate cost of the properties is approximately $11,378,747 lower for federal income tax purposes at December 31, 2013.

- Definition

The entire disclosure for real estate and accumulated depreciation. This may include a schedule that describes the property and lists the initial cost of land, buildings and improvements, improvements and carrying costs capitalized after acquisition, and the total carrying cost for land, buildings and improvements for each property and in aggregate. The schedule also lists the accumulated depreciation for each property and in aggregate, the date each property was constructed and acquired, the useful life used to calculate depreciation and any encumbrances on the properties. The entity provides a reconciliation of the carrying amount of real estate from the beginning of the period to the end of the period. Any real estate investments that have been written down or reserved against are described, including the basis of the write-down. A material amount of intercompany profit in the total carrying amount of real estate is disclosed. The aggregate cost of all real estate investments for federal income tax purposes is also disclosed.

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