| Computation of Basic and Diluted Earnings Per Share |
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For the Three Months Ended |
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For the Six Months Ended |
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June 30, 2020 |
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June 30, 2019 |
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June 30, 2020 |
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June 30, 2019 |
Net Income (Loss) attributable to CorEnergy Stockholders |
$ |
(137,434,433 |
) |
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$ |
9,824,926 |
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$ |
(299,476,801 |
) |
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$ |
13,691,367 |
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Less: preferred dividend requirements |
2,309,672 |
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|
2,313,780 |
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|
4,570,465 |
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|
4,627,908 |
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Net Income (Loss) attributable to Common Stockholders |
$ |
(139,744,105 |
) |
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$ |
7,511,146 |
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$ |
(304,047,266 |
) |
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$ |
9,063,459 |
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Weighted average shares - basic |
13,651,521 |
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|
12,811,171 |
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|
13,649,907 |
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|
12,708,626 |
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Basic earnings (loss) per share |
$ |
(10.24 |
) |
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$ |
0.59 |
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$ |
(22.27 |
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$ |
0.71 |
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Net Income (loss) attributable to Common Stockholders (from above) |
$ |
(139,744,105 |
) |
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$ |
7,511,146 |
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$ |
(304,047,266 |
) |
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$ |
9,063,459 |
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Add: After tax effect of convertible interest |
— |
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— |
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— |
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— |
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Income (loss) attributable for dilutive securities |
$ |
(139,744,105 |
) |
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$ |
7,511,146 |
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$ |
(304,047,266 |
) |
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$ |
9,063,459 |
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Weighted average shares - diluted |
13,651,521 |
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|
12,811,171 |
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|
13,649,907 |
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|
12,708,626 |
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Diluted earnings (loss) per share |
$ |
(10.24 |
) |
|
$ |
0.59 |
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$ |
(22.27 |
) |
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$ |
0.71 |
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