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

Annual report pursuant to Section 13 and 15(d)

Leases (Details 1)

Leases (Details 1) (USD $)	1 Months Ended		3 Months Ended								12 Months Ended				1 Months Ended	12 Months Ended	1 Months Ended	12 Months Ended
Leases (Details 1) (USD $)	Dec. 31, 2012	Dec. 31, 2011	Dec. 31, 2013	Sep. 30, 2013	Jun. 30, 2013	Mar. 31, 2013	Nov. 30, 2012	Aug. 31, 2012	May 31, 2012	Feb. 29, 2012	Dec. 31, 2013	Nov. 30, 2012	Nov. 30, 2011	Nov. 30, 2010	Dec. 31, 2012 Ultra Petroleum Corporation [Member]	Dec. 31, 2013 Ultra Petroleum Corporation [Member]	Dec. 31, 2012 Pinedale Liquids Gathering System [Member]	Dec. 31, 2013 Pinedale Liquids Gathering System [Member]	Nov. 30, 2012 Pinedale Liquids Gathering System [Member]	Dec. 31, 2013 Real Property [Member] Pinedale Liquids Gathering System [Member]	Dec. 31, 2013 Land Rights [Member] Pinedale Liquids Gathering System [Member]	Dec. 20, 2012 Minimum [Member] Pinedale Liquids Gathering System [Member]	Dec. 20, 2012 Maximum [Member] Pinedale Liquids Gathering System [Member]
Balance Sheet Related Disclosures [Abstract]
Current assets	$ 19,202,432	$ 5,307,970													$ 125,848	$ 128,631
Non-current assets															1,881,497	2,656,688
Income tax receivable	293,661,985	95,931,078	283,875,659				111,431,833				283,875,659	111,431,833			2,007,345	2,785,319
Current liabilities	8,290,065	1,552,281													514,092	407,476
Non-current liabilities															2,071,120	2,709,333
Total Liabilities	82,819,793	4,446,481	78,334,289				12,576,048				78,334,289	12,576,048			2,585,212	3,116,809
Shareholder's equity	210,842,192	91,484,597	205,541,370				98,855,785				205,541,370	98,855,785	90,426,313	95,479,173	(577,867)	(331,490)
Total Liabilities and Shareholder's Equity	293,661,985	95,931,078	283,875,659				111,431,833				283,875,659	111,431,833			2,007,345	2,785,319
Income Statement [Abstract]
Revenues	1,726,901	1,079,612	7,990,075	7,574,112	7,568,016	8,153,817	2,854,371	2,565,870	2,078,202	3,075,554	31,286,020	10,573,997	3,225,463		809,974	933,404
Expenses	1,826,422	993,919	6,423,549	6,285,711	5,967,747	6,353,378	3,024,822	2,762,123	2,178,838	2,851,918	25,030,385	10,817,701	4,659,376		3,655,252	561,138
Operating Income (Loss)	(99,521)	85,693	1,566,526	1,288,401	1,600,269	1,800,439	(170,451)	(196,253)	(100,636)	223,636	6,255,635	(243,704)	(1,433,913)		(2,845,278)	372,266
Other Income (Expense), net	(2,342,365)	1,601,084	958,529	622,218	(935,550)	2,017,792	(409,064)	7,973,546	3,267,558	8,989,319	2,662,989	19,821,359	5,238,913		(31,833)	(138,044)
Income (Loss) before income tax provision (benefit)	(2,441,886)		2,525,055	1,910,619	664,719	3,818,231	(579,515)	7,777,293	3,166,922	9,212,955	8,918,624	19,577,655	3,805,000		(2,877,111)	234,222
Income tax provision (benefit)	(920,143)	(628,493)	581,695	1,105,125	241,754	1,020,944	(215,927)	2,788,785	1,190,162	3,465,914	2,949,518	7,228,934	882,857		(700,213)	(3,616)
Net Income (Loss)	(1,521,743)	1,058,284	1,943,360	805,494	422,965	2,797,287	(363,588)	4,988,508	1,976,760	5,747,041	5,969,106	12,348,721	2,922,143		(2,176,898)	237,838
Settlement date																	Dec. 20, 2012
Annual rent payment																						20,000,000	27,500,000
Annual rent escalator																	2.00%
Deferred lease costs, net of accumulated amortization of $5,490, $0, and $172 at December 31, 2013, November 30, 2012, and December 31, 2012, respectively	912,875		857,190				0				857,190	0					913,000	857,000	0
Deferred costs amortization period																		15 years
Acquisition costs											2,557,910							2,600,000
Estimated useful lives of assets																		26 years
Fair value of assets acquired																				122,300,000	105,700,000
Amortiztion expense in year one																					4,100,000
Amortiztion expense in year two			291,939								291,939										8,800,000
Amortiztion expense in year three			72,985								72,985										8,800,000
Amortiztion expense in year four																					8,800,000
Amortiztion expense in year five																					$ 8,800,000