10-Q Filing

CORENERGY INFRASTRUCTURE TRUST, INC. CIK: 1347652 Q2 2019

Filing Information

Form Type	10-Q
Accession Number	`0001347652-19-000060`
Period End Date	20190630
Filing Date	20190801
Fiscal Year	2019
Fiscal Period	Q2
XBRL Instance	corr-20190630.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 102 Cash Flow Statement 85 Stockholders Equity 38

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Leased property, net of accumulated depreciation of $96,489,852 and $87,154,095	`SaleLeasebackTransactionNetBookValue`	$388.90M	USD	Point-in-time
Leased property, net of accumulated depreciation of $96,489,852 and $87,154,095	`SaleLeasebackTransactionNetBookValue`	$398.21M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $17,655,985 and $15,969,346	`PropertyPlantAndEquipmentNet`	$109.88M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $17,655,985 and $15,969,346	`PropertyPlantAndEquipmentNet`	$108.20M	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
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000	`NotesAndLoansReceivableNetNoncurrent`	$1.30M	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`	$69.29M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$58.81M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$25.94M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$29.11M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$5.08M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$4.53M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $1,623,473 and $1,290,236	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.84M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$87.15M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $1,623,473 and $1,290,236	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.51M	USD	Point-in-time
Accumulated depreciation, leased property	`PropertySubjectToOrAvailableForOperatingLeaseAccumulatedDepreciation`	$96.49M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$864.99K	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$17.66M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$668.58K	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$15.97M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.79M	USD	Point-in-time
Reserve for financing notes and related accrued interest receivable	`AllowanceForNotesAndLoansReceivableNoncurrent`	$600.00K	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
Accumulated amortization, deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$1.29M	USD	Point-in-time
Accumulated amortization, deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$1.62M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Total Assets	`Assets`	$600.74M	USD	Point-in-time
Total Assets	`Assets`	$624.88M	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$210.89K	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$184.48K	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $184,480 and $210,891	`SecuredDebt`	$35.52M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $184,480 and $210,891	`SecuredDebt`	$37.26M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $478,361 and $1,180,729	`ConvertibleDebtNoncurrent`	$69.11M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $478,361 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`	$8.18M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$3.49M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$5.03M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.77M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.83M	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$6.45M	USD	Point-in-time
Unearned revenue	`DeferredRevenue`	$6.55M	USD	Point-in-time
Total Liabilities	`Liabilities`	$169.87M	USD	Point-in-time
Total Liabilities	`Liabilities`	$126.07M	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
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	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 June 30, 2019 and December 31, 2018, respectively	`PreferredStockValue`	$125.49M	USD	Point-in-time
Capital stock non-convertible, shares issued	`CommonStockSharesIssued`	12.83M	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 June 30, 2019 and December 31, 2018, respectively	`PreferredStockValue`	$125.56M	USD	Point-in-time
Capital stock, non-convertible, $0.001 par value; 12,826,031 and 11,960,225 shares issued and outstanding at June 30, 2019 and December 31, 2018 (100,000,000 shares authorized)	`CommonStockValue`	$12.83K	USD	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time
Capital stock, non-convertible, $0.001 par value; 12,826,031 and 11,960,225 shares issued and outstanding at June 30, 2019 and December 31, 2018 (100,000,000 shares authorized)	`CommonStockValue`	$11.96K	USD	Point-in-time
Capital stock non-convertible, shares outstanding	`CommonStockSharesOutstanding`	12.83M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$349.17M	USD	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Capital stock non-convertible, shares authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$320.30M	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	-	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.15M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$452.83M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$456.02M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$455.01M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$474.67M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$476.18M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$461.79M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$624.88M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$600.74M	USD	Point-in-time

Income Statement 102 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$16.64M	USD	1 Quarter
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$35.87M	USD	2 Qtrs
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$33.35M	USD	2 Qtrs
Lease revenue	`SaleLeasebackTransactionQuarterlyRentalPayments`	$18.28M	USD	1 Quarter
Total Revenue	`Revenues`	$21.53M	USD	1 Quarter
Total Revenue	`Revenues`	$43.15M	USD	2 Qtrs
Total Revenue	`Revenues`	$43.69M	USD	2 Qtrs
Total Revenue	`Revenues`	$22.15M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$2.75M	USD	2 Qtrs
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$3.11M	USD	2 Qtrs
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.25M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.53M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.83M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$3.11M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$5.61M	USD	2 Qtrs
General and administrative	`GeneralAndAdministrativeExpense`	$2.74M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$12.58M	USD	2 Qtrs
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$5.65M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$6.29M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$11.29M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$19.65M	USD	2 Qtrs
Total Expenses	`CostsAndExpenses`	$9.63M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$10.93M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$22.02M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$23.50M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$11.90M	USD	1 Quarter
Operating Income	`OperatingIncomeLoss`	$21.67M	USD	2 Qtrs
Operating Income	`OperatingIncomeLoss`	$11.22M	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$59.66K	USD	2 Qtrs
Net distributions and other income	`OtherInterestAndDividendIncome`	$285.26K	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$55.71K	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$541.87K	USD	2 Qtrs
Net realized and unrealized loss on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	-	USD	2 Qtrs
Net realized and unrealized loss on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	-	USD	1 Quarter
Net realized and unrealized loss on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$-881.10K	USD	1 Quarter
Net realized and unrealized loss on other equity securities	`EquitySecuritiesUnrealizedGainLoss`	$-867.13K	USD	2 Qtrs
Interest expense	`InterestExpense`	$2.30M	USD	1 Quarter
Interest expense	`InterestExpense`	$6.41M	USD	2 Qtrs
Interest expense	`InterestExpense`	$4.81M	USD	2 Qtrs
Interest expense	`InterestExpense`	$3.20M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.04M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-9.30M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-2.01M	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$-7.21M	USD	2 Qtrs
Total Other Expense	`NonoperatingIncomeExpense`	$-4.02M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.46M	USD	2 Qtrs
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$9.89M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$7.20M	USD	1 Quarter
Income before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$14.20M	USD	2 Qtrs
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	-	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$353.74K	USD	2 Qtrs
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-46.33K	USD	2 Qtrs
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-10.79K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$62.70K	USD	1 Quarter
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-1.01M	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$156.29K	USD	2 Qtrs
Deferred tax expense (benefit)	`DeferredIncomeTaxExpenseBenefit`	$-604.06K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-614.85K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$62.70K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-1.06M	USD	2 Qtrs
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$510.03K	USD	2 Qtrs
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$9.82M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$13.69M	USD	2 Qtrs
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$7.81M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$3.87M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$7.71M	USD	1 Quarter
Net Income attributable to CorEnergy Stockholders	`ProfitLoss`	$15.52M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.31M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$4.63M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$4.79M	USD	2 Qtrs
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.40M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$10.72M	USD	2 Qtrs
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$9.06M	USD	2 Qtrs
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$5.41M	USD	1 Quarter
Net Income attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$7.51M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.59	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.90	USD	2 Qtrs
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.71	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.71	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.90	USD	2 Qtrs
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.45	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.59	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.81M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.92M	shares	2 Qtrs
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	11.93M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.71M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.93M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.71M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	11.92M	shares	2 Qtrs
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.81M	shares	1 Quarter
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
Dividends declared per share (in dollars per share)	`CommonStockDividendsPerShareDeclared`	$1.50	USD	2 Qtrs
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 85 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$9.82M	USD	1 Quarter
Net Income	`ProfitLoss`	$13.69M	USD	2 Qtrs
Net Income	`ProfitLoss`	$7.81M	USD	1 Quarter
Net Income	`ProfitLoss`	$3.87M	USD	1 Quarter
Net Income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net Income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$156.29K	USD	2 Qtrs
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$-1.01M	USD	2 Qtrs
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$13.29M	USD	2 Qtrs
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$11.87M	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	$500.00K	USD	2 Qtrs
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	1 Quarter
Provision for loan losses	`ProvisionForLoanAndLeaseLosses`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.04M	USD	2 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$3.72K	USD	2 Qtrs
Gain on sale of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	2 Qtrs
Net realized and unrealized loss on other equity securities	`UnrealizedGainLossOnInvestments`	$-867.13K	USD	2 Qtrs
Net realized and unrealized loss on other equity securities	`UnrealizedGainLossOnInvestments`	-	USD	2 Qtrs
Common stock issued under directors' compensation plan	`ShareBasedCompensation`	-	USD	2 Qtrs
Common stock issued under directors' compensation plan	`ShareBasedCompensation`	$37.50K	USD	2 Qtrs
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$3.71M	USD	2 Qtrs
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$3.16M	USD	2 Qtrs
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-550.13K	USD	2 Qtrs
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-412.43K	USD	2 Qtrs
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	-	USD	2 Qtrs
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$9.22K	USD	2 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$196.68K	USD	2 Qtrs
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$326.37K	USD	2 Qtrs
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$-65.75K	USD	2 Qtrs
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$65.68K	USD	2 Qtrs
Increase in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$1.54M	USD	2 Qtrs
Increase in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$433.85K	USD	2 Qtrs
Decrease in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	$-2.17M	USD	2 Qtrs
Decrease in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	2 Qtrs
Decrease in unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-98.24K	USD	2 Qtrs
Decrease in unearned revenue	`IncreaseDecreaseInContractWithCustomerLiability`	$-1.38M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$22.52M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$29.32M	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$26.55K	USD	2 Qtrs
Purchases of property and equipment	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$47.88K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$11.50K	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$237.00K	USD	Point-in-time
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	$5.00M	USD	2 Qtrs
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.97M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-36.38K	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	$264.01K	USD	2 Qtrs
Debt financing costs	`PaymentsOfFinancingCosts`	-	USD	2 Qtrs
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$60.55K	USD	2 Qtrs
Cash paid for extinguishment of convertible notes	`PaymentsOfDebtExtinguishmentCosts`	-	USD	2 Qtrs
Cash paid for extinguishment of convertible notes	`PaymentsOfDebtExtinguishmentCosts`	$19.52M	USD	2 Qtrs
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.79M	USD	2 Qtrs
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$4.63M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$17.27M	USD	2 Qtrs
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$18.80M	USD	2 Qtrs
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$1.76M	USD	2 Qtrs
Principal payments on secured credit facilities	`RepaymentsOfLongTermDebt`	$1.76M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-24.09M	USD	2 Qtrs
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-44.77M	USD	2 Qtrs
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.61M	USD	2 Qtrs
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-10.48M	USD	2 Qtrs
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.81M	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`	$14.18M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$58.81M	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`	$14.18M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$5.55M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$4.36M	USD	2 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$2.12M	USD	2 Qtrs
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$282.79K	USD	2 Qtrs
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	-	USD	2 Qtrs
Change in accounts payable and accrued expenses related to debt financing costs	`NoncashOrPartNoncashIncreaseDecreaseinAccountsPayableandAccruedExpensesRelatedtoDebtFinancingCostsFinancingActivities`	$-255.04K	USD	2 Qtrs
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$403.83K	USD	2 Qtrs
Reinvestment of distributions by common stockholders in additional common shares	`ProceedsFromIssuanceOfCommonStockDividendReinvestmentPlan`	$610.22K	USD	2 Qtrs
Common stock issued upon exchange and conversion of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	$29.46M	USD	2 Qtrs
Common stock issued upon exchange and conversion of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	-	USD	2 Qtrs

Stockholders Equity 38 line items

Line Item	Tag	Value	Unit	Period
Addition to preferred dividends	`OtherPreferredStockDividendsAndAdjustments`	$245.00	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	12.83M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$452.83M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$456.02M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$474.67M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$476.18M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$461.79M	USD	Point-in-time
Net income	`ProfitLoss`	$9.82M	USD	1 Quarter
Net income	`ProfitLoss`	$13.69M	USD	2 Qtrs
Net income	`ProfitLoss`	$7.81M	USD	1 Quarter
Net income	`ProfitLoss`	$3.87M	USD	1 Quarter
Net income	`ProfitLoss`	$7.71M	USD	1 Quarter
Net income	`ProfitLoss`	$15.52M	USD	2 Qtrs
Series A preferred stock dividends	`DividendsPreferredStock`	$2.31M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.40M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.31M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.40M	USD	1 Quarter
Preferred stock repurchases	`StockRepurchasedDuringPeriodValue`	$60.55K	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$9.61M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$9.60M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.94M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$8.94M	USD	1 Quarter
Common stock issued under director's compensation plan	`StockIssuedDuringPeriodValueShareBasedCompensation`	$37.50K	USD	1 Quarter
Common stock issued upon conversion of convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$28.87M	USD	1 Quarter
Common stock issued upon conversion of convertible notes	`StockIssuedDuringPeriodValueConversionOfConvertibleSecurities`	$588.20K	USD	1 Quarter
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$300.01K	USD	1 Quarter
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$403.83K	USD	1 Quarter
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$310.20K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	11.96M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	12.83M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$452.83M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$456.02M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$474.67M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$476.18M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$461.79M	USD	Point-in-time

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