Corenergy infrastructure trust, inc. (CORR)
Income statement / TTM
Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Nov'12Aug'12May'12Feb'12Aug'11
Revenue
Lease revenue

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Lease revenue

-

68,826

70,233

71,873

72,747

71,773

70,554

69,329

68,803

68,296

68,118

68,064

67,994

67,972

67,942

57,746

48,086

38,306

28,531

28,797

28,223

26,657

25,104

23,677

22,552

17,552

12,552

7,552

2,552

2,340

0

0

0

Revenue

-

-

-

-

-

-

-

-

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transportation and distribution revenue

-

-

-

-

-

-

-

-

-

-

-

21,005

-

18,874

17,312

15,794

14,345

12,051

8,494

4,947

1,298

0

0

0

-

-

-

-

-

-

-

-

-

Financing revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

347

530

1,199

1,697

2,010

2,241

1,712

1,077

578

165

25

0

0

0

0

-

-

-

-

-

Sales revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

7,160

8,336

8,643

8,791

9,708

9,166

9,360

9,477

8,733

8,597

8,589

8,099

8,021

0

0

0

-

Total Revenue

85,945

87,136

88,691

89,309

89,231

88,733

88,541

88,217

88,749

89,163

88,834

89,069

89,250

88,913

88,938

79,558

71,288

60,706

47,911

44,248

40,308

36,402

34,630

33,179

31,286

26,150

21,142

15,652

10,573

8,145

0

0

0

Expenses
Transportation and distribution expenses

5,242

5,727

6,853

7,140

7,210

7,733

6,854

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Management fees, net of expense reimbursements

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

Asset acquisition expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

864

368

409

377

822

0

0

0

Professional fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

1,535

1,649

1,486

1,141

962

0

0

0

Depreciation expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

8,949

6,339

3,728

1,118

858

0

0

0

Transportation and distribution expenses

-

-

-

-

-

-

-

-

-

-

-

6,436

-

5,158

4,797

4,690

4,526

4,049

2,928

1,656

458

0

0

0

-

-

-

-

-

-

-

-

-

Cost of Sales

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,819

4,116

5,017

5,832

7,291

7,220

7,347

7,438

6,734

6,552

6,522

6,077

6,078

0

0

0

-

Amortization expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

45

30

15

0

0

0

0

-

Operating expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

-

-

840

856

850

940

924

895

888

773

739

0

0

0

-

General and administrative

10,596

12,266

12,818

13,186

13,042

11,415

11,001

10,452

10,786

11,437

11,826

12,041

12,270

11,519

11,334

10,467

9,745

10,574

9,578

9,008

7,872

0

0

0

-

-

-

-

-

-

-

-

-

Management fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

2,235

1,843

0

-

0

0

-

0

Depreciation, amortization and ARO accretion expense

22,581

23,014

23,658

24,303

24,947

24,887

24,615

24,331

24,047

23,774

23,500

23,231

22,522

22,163

22,255

20,014

18,766

16,956

14,372

14,097

13,195

0

0

0

-

-

-

-

-

-

-

-

-

Provision for loan gain

0

-536

-536

-536

-36

500

500

500

0

0

0

369

5,014

10,847

18,798

18,429

13,784

7,951

0

0

0

0

0

0

-

-

-

-

-

-

-

-

-

Directors fees

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

151

106

88

85

76

0

0

0

Other expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

452

369

296

231

242

0

0

0

Total Expenses

38,421

40,470

42,793

44,093

45,164

43,799

43,255

42,250

41,563

42,535

41,749

42,079

46,271

50,389

58,270

55,255

49,725

43,843

32,302

31,213

29,659

26,676

26,373

26,187

25,030

21,631

18,108

14,319

10,817

8,999

0

0

0

Operating Income

47,524

46,665

45,898

45,216

44,067

44,934

45,285

45,966

47,185

46,628

47,085

46,990

42,979

38,523

30,667

24,303

21,563

16,862

15,608

13,035

10,648

9,726

8,257

6,992

6,255

4,518

3,034

1,333

-243

-854

0

0

0

Other Income (Expense)
Net distributions and other income

1,328

943

589

359

106

267

474

640

680

751

815

808

1,140

1,112

1,076

1,055

1,270

1,162

2,609

2,422

1,836

1,700

580

576

584

81

-430

0

-

0

0

-

-

Net realized and unrealized gain (loss) on other equity securities

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net realized and unrealized loss on other equity securities

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net distributions and dividend income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Net realized and unrealized loss on trading securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-251

-1,439

5,063

1,463

4,009

0

0

0

-

Net realized and unrealized loss on other equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-3,142

-1,063

-3,894

-3,351

-1,310

-466

4,296

6,600

4,485

5,617

6,391

11,789

0

-

0

0

-

0

Net realized and unrealized gain (loss) on other equity securities

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

Interest expense

10,578

10,750

11,157

12,055

12,759

12,383

12,128

12,134

12,378

13,015

13,608

13,946

14,417

14,639

14,973

12,559

9,781

7,180

4,302

3,995

3,675

3,449

3,290

3,377

3,288

2,474

1,673

791

81

83

0

0

0

Gain on the sale of leased property, net

-

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Loss on extinguishment of debt

-33,960

-33,960

-5,039

-5,039

0

-234

0

0

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Total Other Expense

-43,210

-32,092

-4,862

-6,872

-2,774

-13,894

-11,395

-9,741

-10,503

-11,265

-11,468

-11,228

-12,452

-12,673

-15,883

-14,646

-9,574

-9,912

-5,044

-2,883

-2,304

2,547

3,323

1,117

2,662

1,295

8,646

12,849

19,821

22,084

0

0

0

Income before income taxes

4,314

14,572

41,035

38,344

41,293

31,039

33,889

36,225

36,681

35,363

35,617

35,761

30,526

25,850

14,784

9,656

11,989

6,950

10,564

10,151

8,344

12,273

11,581

8,110

8,918

5,814

11,680

14,182

19,577

21,229

0

0

0

Taxes
Current tax expense (benefit)

-120

-178

-185

-196

-585

2,687

2,761

2,829

2,831

154

184

330

-313

-102

-92

-191

922

3,149

3,530

3,425

3,843

1,166

-0

581

13

187

886

305

29

0

0

0

-

Deferred tax expense (benefit)

354

-16

-663

-1,330

-1,833

-2,103

-1,238

-596

-486

-303

-41

127

-151

-629

-2,971

-3,331

-2,869

-6,533

-4,740

-3,844

-4,069

996

2,943

1,860

2,936

1,964

2,948

4,478

7,199

7,897

0

0

0

Income tax expense (benefit), net

234

-195

-849

-1,526

-2,418

584

1,522

2,233

2,345

-148

143

458

-464

-731

-3,063

-3,523

-1,947

-3,384

-1,210

-418

-225

2,162

2,943

2,442

2,949

2,151

3,835

4,783

7,228

7,926

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

4,079

14,767

41,884

39,870

43,711

30,455

32,367

33,992

34,336

35,511

35,474

35,303

30,991

26,581

17,848

13,179

13,937

10,334

11,774

10,570

8,570

10,110

8,638

5,668

5,969

3,662

7,845

9,398

12,348

0

0

0

-

Less: Net Income attributable to non-controlling interest

-

-

-

-

-

-

-

-

1,733

1,578

1,487

1,362

1,328

1,384

1,454

1,555

1,617

1,621

1,600

1,575

1,556

1,531

1,507

1,473

1,466

1,103

737

384

0

0

0

0

-

Net Income attributable to CorEnergy Stockholders

0

-

-

-

43,711

-

-

-

32,602

33,933

33,987

33,941

29,663

25,197

16,393

11,624

12,319

8,713

10,174

8,995

7,013

8,579

7,130

4,194

4,502

2,558

7,107

9,014

12,348

13,302

0

0

0

Preferred dividend requirements

9,255

9,299

9,382

9,465

9,548

9,587

9,587

9,313

7,953

6,594

5,234

4,148

4,148

4,148

4,148

4,148

3,848

2,811

1,774

737

0

0

0

0

-

-

-

-

-

-

-

-

-

Net Income (Loss) attributable to Common Stockholders

-5,175

5,468

32,502

30,404

34,163

20,384

21,864

23,327

24,648

27,339

28,752

29,793

25,514

21,049

12,245

7,475

8,471

5,901

8,399

8,257

7,013

0

0

0

-

-

-

-

-

-

-

-

-

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

4,079

14,767

41,884

39,870

43,711

30,455

32,367

33,992

34,336

36,668

36,324

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Other comprehensive income:
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Net of Tax, Portion Attributable to Parent

-

-

-

-

-

-

-

-

-

12

12

12

-201

13

-212

-197

-262

-678

-240

-529

-324

-7

-485

706

777

658

921

0

-

0

0

-

-

Changes in fair value of qualifying hedges / AOCI attributable to non-controlling interest

-

-

-

-

-

-

-

-

-

-2

-2

-2

47

-3

49

46

61

158

56

123

75

1

113

-165

-181

-153

-215

0

-

0

0

-

-

Net Change in Other Comprehensive Income

-

-

-

-

-

-

-

-

13

14

14

14

-249

16

-262

-243

-323

-836

-296

-653

-399

-9

-599

872

959

812

1,136

0

-

0

0

-

-

Total Comprehensive Income

-

-

-

-

-

-

-

-

34,350

35,526

35,489

35,318

30,742

26,598

17,585

12,936

13,613

9,497

11,477

9,917

8,170

10,100

8,039

6,540

6,928

9,826

11,322

0

-

0

0

-

-

Less: Comprehensive income attributable to non-controlling interest

-

-

-

-

-

-

-

-

1,736

1,581

1,489

1,364

1,280

1,387

1,404

1,509

1,555

1,462

1,543

1,451

1,480

1,529

1,394

1,638

1,648

1,257

952

0

-

0

0

-

-

Comprehensive Income attributable to CorEnergy Stockholders

-

-

-

-

-

-

-

-

32,613

33,945

33,999

33,953

29,461

25,211

16,181

11,426

12,057

8,035

9,934

8,465

6,689

8,571

6,645

4,901

5,279

8,569

10,369

0

-

0

0

-

-

Earnings (Loss) Per Common Share:
Basic (in dollars per share)

0.55

-1.65

0.59

0.12

1.52

0.44

0.45

0.45

0.36

0.57

0.58

0.56

0.59

0.69

0.66

0.20

0.22

-0.05

0.33

0.36

0.00

0.30

0.48

0.35

-

-

-

-

-

-

-

-

-

Diluted (in dollars per share)

0.55

-1.65

0.59

0.12

1.32

0.44

0.45

0.45

0.36

0.57

0.58

0.56

0.60

0.68

0.66

0.20

0.22

-0.05

0.32

0.36

0.00

0.30

0.48

0.35

-

-

-

-

-

-

-

-

-

Basic and Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0.02

0.00

0.10

-0.05

0.54

0.22

0.63

0.06

Weighted Average Shares of Common Stock Outstanding:
Weighted Average Number of Shares Outstanding, Basic

13,561

13,188

12,811

12,604

11,953

11,939

11,928

11,918

11,911

11,904

11,896

11,888

11,879

11,872

11,912

11,943

11,973

11,924

9,523

9,322

-

-

-

-

-

-

-

-

-

-

-

-

-

Weighted Average Number of Shares Outstanding, Diluted

13,561

13,188

12,811

12,604

25,770

11,939

11,928

11,918

11,911

11,904

11,896

11,888

4,952

15,327

15,383

11,943

11,633

11,924

9,863

9,322

-

-

-

-

-

-

-

-

-

-

-

-

-

Basic and Diluted (in dollars per share)

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

24,151

24,147

24,141

9,189

9,182

9,180

9,176

9,164

Dividends declared per share (in dollars per share)

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.75

0.67

0.67

0.65

-

-

-

-

1.50

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.10

Transportation and distribution revenue
Revenue

18,778

18,220

18,396

17,402

16,484

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Financing revenue
Revenue

116

89

61

33

0

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-