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

Quarterly report pursuant to Section 13 or 15(d)

Property and Equipment

Property and Equipment

9 Months Ended

Sep. 30, 2014

Property, Plant and Equipment [Abstract]

Property and equipment consists of the following:



Property and Equipment
	September 30, 2014			December 31, 2013
Natural gas pipeline	$	5,215,424		$	5,215,424
Vehicles and trailers	128,958			125,117
Computers	15,627			15,627
Gross property and equipment	5,360,009			5,356,168
Less: accumulated depreciation	(2,243,135		)	(2,037,685		)
Net property and equipment	$	3,116,874		$	3,318,483

The amounts of depreciation of property and equipment recognized for each of the three-month periods ended September 30, 2014 and 2013 was $71 thousand. The amount of depreciation of the property and equipment recognized for the nine-month periods ending September 30, 2014 and 2013 was $213 thousand and $212 thousand, respectively.

- Definition

The entire disclosure for long-lived, physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, accounting policies and methodology, roll forwards, depreciation, depletion and amortization expense, including composite depreciation, accumulated depreciation, depletion and amortization expense, useful lives and method used, income statement disclosures, assets held for sale and public utility disclosures.

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