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

Quarterly report pursuant to Section 13 or 15(d)

Consolidated Statements of Cash Flows

Consolidated Statements of Cash Flows (USD $)	3 Months Ended
Consolidated Statements of Cash Flows (USD $)	Mar. 31, 2015	Mar. 31, 2014
Statement of Cash Flows [Abstract]
Net Income (Loss)	$ 4,496,803us-gaap_ProfitLoss	$ 2,496,273us-gaap_ProfitLoss
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Deferred income tax, net	(115,391)	(340,561)
Depreciation and amortization	4,426,559	3,364,803
Net distributions and dividend income, including recharacterization of income	371,323	1,294,182
Net distributions and dividend income, including recharacterization of income	(449,798)us-gaap_UnrealizedGainLossOnInvestments	(17,489)us-gaap_UnrealizedGainLossOnInvestments
Unrealized gain on derivative contract	(16,880)	0
Common stock issued under directors compensation plan	30,000us-gaap_ShareBasedCompensation	0us-gaap_ShareBasedCompensation
Changes in assets and liabilities:
(Increase) decrease in accounts and other receivables	(352,029)	127,323
Increase in financing note accrued interest receivable	(200,167)	0
Increase in prepaid expenses and other assets	(295,441)	(107,057)
Increase in management fee payable	61,756	92,262
Decrease in accounts payable and other accrued liabilities	(821,951)	(84,245)
Increase in current income tax liability	480,637	1,033,247
Increase (decrease) in unearned revenue	(711,230)	2,844,914
Net cash provided by operating activities	6,161,545	8,115,288
Investing Activities
Acquisition expenditures	(2,041,642)	(41,887,644)
Purchases of property and equipment	(16,464)	0
Increase in financing notes receivable	(31,442)	(4,107,955)
Return of capital on distributions received	29,864	491,260
Net cash used in investing activities	(2,059,684)	(45,504,339)
Financing Activities
Debt financing costs	(53,705)us-gaap_PaymentsOfFinancingCosts	(220,000)us-gaap_PaymentsOfFinancingCosts
Net offering proceeds	54,137,791	45,624,563
Dividends paid	(5,991,083)us-gaap_PaymentsOfOrdinaryDividends	(2,990,215)us-gaap_PaymentsOfOrdinaryDividends
Distributions to non-controlling interest	(680,748)	0
Advances on revolving line of credit	1,945,361us-gaap_ProceedsFromLinesOfCredit	1,523,266us-gaap_ProceedsFromLinesOfCredit
Advances on revolving line of credit	(33,521,055)us-gaap_RepaymentsOfLinesOfCredit	(1,122,096)us-gaap_RepaymentsOfLinesOfCredit
Principal payment on credit facility	(882,000)us-gaap_RepaymentsOfLongTermDebt	(294,000)us-gaap_RepaymentsOfLongTermDebt
Net cash provided by financing activities	14,954,561	42,521,518
Net Change in Cash and Cash Equivalents	19,056,422	5,132,467
Cash and Cash Equivalents at beginning of period	7,578,164	17,963,266
Cash and Cash Equivalents at end of period	26,634,586	23,095,733
Non-Cash Operating Activities
Change in accounts payable and accrued expenses related to prepaid assets and other expense	19,096	0
Supplemental Disclosure of Cash Flow Information
Interest paid	943,101us-gaap_InterestPaid	690,570us-gaap_InterestPaid
Income taxes paid (net of refunds)	295,901us-gaap_IncomeTaxesPaid	(179,172)us-gaap_IncomeTaxesPaid
Non-Cash Investing Activities
Change in accounts payable and accrued expenses related to acquisition expenditures	(13,597)	78,121
Change in accounts payable and accrued expenses related to issuance of financing and other notes receivable	(39,248)	0
Non-Cash Financing Activities
Change in accounts payable and accrued expenses related to the issuance of equity	(72,685)	0
Change in accounts payable and accrued expenses related to debt financing costs	8,509	(220,000)
Reinvestment of distributions by common stockholders in additional common shares	$ 68,154	$ 29,305