10-Q Filing

CORENERGY INFRASTRUCTURE TRUST, INC. CIK: 1347652 Q1 2019

Filing Information

Form Type	10-Q
Accession Number	`0001347652-19-000048`
Period End Date	20190331
Filing Date	20190502
Fiscal Year	2019
Fiscal Period	Q1
XBRL Instance	corr-20190331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 70 Income Statement 50 Cash Flow Statement 75 Stockholders Equity 16

Balance Sheet 70 line items

Line Item	Tag	Value	Unit	Period
Leased property, net of accumulated depreciation of $91,821,871 and $87,154,095	`SaleLeasebackTransactionNetBookValue`	$398.21M	USD	Point-in-time
Leased property, net of accumulated depreciation of $91,821,871 and $87,154,095	`SaleLeasebackTransactionNetBookValue`	$393.57M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $16,812,692 and $15,969,346	`PropertyPlantAndEquipmentNet`	$109.88M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $16,812,692 and $15,969,346	`PropertyPlantAndEquipmentNet`	$109.03M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000	`NotesAndLoansReceivableNetNoncurrent`	$1.30M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000	`NotesAndLoansReceivableNetNoncurrent`	$1.31M	USD	Point-in-time
Note receivable	`AccountsAndNotesReceivableNet`	-	USD	Point-in-time
Note receivable	`AccountsAndNotesReceivableNet`	$5.00M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$59.36M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$69.29M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$25.94M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$27.39M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$5.08M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$3.96M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$91.82M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$87.15M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $1,456,855 and $1,290,236	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.84M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $1,456,855 and $1,290,236	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.67M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$964.62K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$668.58K	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$16.81M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.97M	USD	Point-in-time
Reserve for financing notes and related accrued interest receivable	`AllowanceForNotesAndLoansReceivableNoncurrent`	$600.00K	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.95M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.85M	USD	Point-in-time
Reserve for financing notes and related accrued interest receivable	`AllowanceForNotesAndLoansReceivableNoncurrent`	$600.00K	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Accumulated amortization, Deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$1.29M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Accumulated amortization, Deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$1.46M	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$197.69K	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$210.89K	USD	Point-in-time
Total Assets	`Assets`	$604.83M	USD	Point-in-time
Total Assets	`Assets`	$624.88M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $197,686 and $210,891	`SecuredDebt`	$37.26M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $197,686 and $210,891	`SecuredDebt`	$36.39M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $603,150 and $1,180,729	`ConvertibleDebtNoncurrent`	$69.57M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $603,150 and $1,180,729	`ConvertibleDebtNoncurrent`	$112.78M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$7.96M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$8.07M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$3.49M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$6.38M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.83M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.76M	USD	Point-in-time
Income tax liability	`TaxesPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Income tax liability	`TaxesPayableCurrentAndNoncurrent`	$69.49K	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$6.55M	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$6.41M	USD	Point-in-time
Total Liabilities	`Liabilities`	$128.65M	USD	Point-in-time
Capital stock non-convertible, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Capital stock non-convertible, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Total Liabilities	`Liabilities`	$169.87M	USD	Point-in-time
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	11.96M	shares	Point-in-time
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	12.81M	shares	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $125,493,175 and $125,555,675 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 50,197 and 50,222 issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	$125.56M	USD	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	12.81M	shares	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $125,493,175 and $125,555,675 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 50,197 and 50,222 issued and outstanding at March 31, 2019 and December 31, 2018, respectively	`PreferredStockValue`	$125.49M	USD	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Capital stock, non-convertible, $0.001 par value; 12,808,341 and 11,960,225 shares issued and outstanding at March 31, 2019 and December 31, 2018 (100,000,000 shares authorized)	`CommonStockValue`	$12.81K	USD	Point-in-time
Capital stock, non-convertible, $0.001 par value; 12,808,341 and 11,960,225 shares issued and outstanding at March 31, 2019 and December 31, 2018 (100,000,000 shares authorized)	`CommonStockValue`	$11.96K	USD	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$349.57M	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$320.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.10M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.15M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$476.18M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$455.01M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$624.88M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$604.83M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$17.59M	USD	1 Quarter
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$16.72M	USD	1 Quarter
Total Revenue	`Revenues`	$21.62M	USD	1 Quarter
Total Revenue	`Revenues`	$21.54M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.57M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.73M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.87M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$6.29M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$5.65M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$10.02M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$11.09M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$10.46M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$11.60M	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$256.62K	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$3.95K	USD	1 Quarter
Net realized and unrealized gain on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$13.97K	USD	1 Quarter
Net realized and unrealized gain on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Interest expense	`InterestExpense`	$3.21M	USD	1 Quarter
Interest expense	`InterestExpense`	$2.51M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.04M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$-3.19M	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$-7.29M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.31M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.26M	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$353.74K	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-35.55K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$93.59K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-409.28K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-444.83K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$447.33K	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$7.71M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$3.87M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.40M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.31M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.31M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.55M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.60M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.92M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.92M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$0.75	USD	1 Quarter

Cash Flow Statement 75 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net Income	`ProfitLoss`	$3.87M	USD	1 Quarter
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$93.59K	USD	1 Quarter
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$-409.28K	USD	1 Quarter
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$5.94M	USD	1 Quarter
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$6.64M	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.04M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
(Gain) loss on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.72K	USD	1 Quarter
(Gain) loss on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Net realized and unrealized gain on other equity securities	`UnrealizedGainLossOnInvestments`	$13.97K	USD	1 Quarter
Net realized and unrealized gain on other equity securities	`UnrealizedGainLossOnInvestments`	-	USD	1 Quarter
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$1.45M	USD	1 Quarter
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$1.70M	USD	1 Quarter
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-802.96K	USD	1 Quarter
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.12M	USD	1 Quarter
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$9.54K	USD	1 Quarter
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	-	USD	1 Quarter
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$49.26K	USD	1 Quarter
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$296.03K	USD	1 Quarter
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$64.84K	USD	1 Quarter
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$-70.15K	USD	1 Quarter
Increase in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.10M	USD	1 Quarter
Increase in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.89M	USD	1 Quarter
Increase (decrease) in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-35.55K	USD	1 Quarter
Increase (decrease) in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$69.49K	USD	1 Quarter
Decrease in unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-146.85K	USD	1 Quarter
Decrease in unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.86M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.06M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$13.75M	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$47.88K	USD	1 Quarter
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$15.34K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.50K	USD	1 Quarter
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$237.00K	USD	Point-in-time
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	1 Quarter
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	$5.00M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.98M	USD	1 Quarter
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.38K	USD	1 Quarter
Debt financing costs	`PaymentsOfFinancingCosts`	$261.67K	USD	1 Quarter
Debt financing costs	`PaymentsOfFinancingCosts`	-	USD	1 Quarter
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$60.55K	USD	1 Quarter
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	1 Quarter
Cash paid for extinguishment of convertible notes	`PaymentsOfDebtExtinguishmentCosts`	$19.52M	USD	1 Quarter
Cash paid for extinguishment of convertible notes	`PaymentsOfDebtExtinguishmentCosts`	-	USD	1 Quarter
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.40M	USD	1 Quarter
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.31M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$8.63M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$9.19M	USD	1 Quarter
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$882.00K	USD	1 Quarter
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$882.00K	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.97M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-12.17M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.93M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.54M	USD	1 Quarter
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.36M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.29M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.79M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.33M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$59.36M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$69.29M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$15.79M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$17.33M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$1.12M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$705.23K	USD	1 Quarter
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	-	USD	1 Quarter
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$-220.70K	USD	1 Quarter
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	$-252.69K	USD	1 Quarter
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	-	USD	1 Quarter
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$403.83K	USD	1 Quarter
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$310.20K	USD	1 Quarter
Common stock issued upon exchange of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	-	USD	1 Quarter
Common stock issued upon exchange of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	$28.87M	USD	1 Quarter

Stockholders Equity 16 line items

Line Item	Tag	Value	Unit	Period
Decrease in preferred dividends	`OtherPreferredStockDividendsAndAdjustments`	$245.00	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	12.81M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$476.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$3.87M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.31M	USD	1 Quarter
Preferred stock repurchases	`StockRepurchasedDuringPeriodValue`	$60.55K	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$9.60M	USD	1 Quarter
Common stock issued upon exchange of convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$28.87M	USD	1 Quarter
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$403.83K	USD	1 Quarter
Ending balance	`StockholdersEquity`	$476.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	12.81M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.