10-Q Filing

CORENERGY INFRASTRUCTURE TRUST, INC. CIK: 1347652 Q1 2020

Filing Information

Form Type	10-Q
Accession Number	`0001347652-20-000058`
Period End Date	20200331
Filing Date	20200625
Fiscal Year	2020
Fiscal Period	Q1
XBRL Instance	corr-20200331.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 68 Income Statement 50 Cash Flow Statement 70 Stockholders Equity 25

Balance Sheet 68 line items

Line Item	Tag	Value	Unit	Period
Leased property, net of accumulated depreciation of $67,817,865 and $105,825,816	`SaleLeasebackTransactionNetBookValue`	$234.57M	USD	Point-in-time
Leased property, net of accumulated depreciation of $67,817,865 and $105,825,816	`SaleLeasebackTransactionNetBookValue`	$379.21M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,148,744 and $19,304,610	`PropertyPlantAndEquipmentNet`	$106.86M	USD	Point-in-time
Property and equipment, net of accumulated depreciation of $20,148,744 and $19,304,610	`PropertyPlantAndEquipmentNet`	$106.03M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000	`NotesAndLoansReceivableNetNoncurrent`	$1.20M	USD	Point-in-time
Financing notes and related accrued interest receivable, net of reserve of $600,000 and $600,000	`NotesAndLoansReceivableNetNoncurrent`	$1.24M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$120.86M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$119.05M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	$29.86M	USD	Point-in-time
Deferred rent receivable	`DeferredRentReceivablesNet`	-	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$4.14M	USD	Point-in-time
Accounts and other receivables	`AccountsAndOtherReceivablesNetCurrent`	$3.49M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $2,123,328 and $1,956,710	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.01M	USD	Point-in-time
Deferred costs, net of accumulated amortization of $2,123,328 and $1,956,710	`DebtIssuanceCostsAndDeferredLeasingCostsNet`	$2.17M	USD	Point-in-time
Accumulated depreciation, leased property	`SaleLeasebackTransactionAccumulatedDepreciation`	$105.83M	USD	Point-in-time
Accumulated depreciation, leased property	`SaleLeasebackTransactionAccumulatedDepreciation`	$67.82M	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$804.34K	USD	Point-in-time
Prepaid expenses and other assets	`PrepaidExpenseAndOtherAssetsCurrent`	$912.30K	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.22M	USD	Point-in-time
Deferred tax asset, net	`DeferredIncomeTaxAssetsNet`	$4.59M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$19.30M	USD	Point-in-time
Accumulated depreciation, property and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$20.15M	USD	Point-in-time
Reserve for financing notes	`AllowanceForNotesAndLoansReceivableNoncurrent`	$600.00K	USD	Point-in-time
Reserve for financing notes	`AllowanceForNotesAndLoansReceivableNoncurrent`	$600.00K	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Goodwill	`Goodwill`	$1.72M	USD	Point-in-time
Accumulated amortization, deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$2.12M	USD	Point-in-time
Total Assets	`Assets`	$473.20M	USD	Point-in-time
Accumulated amortization, deferred costs	`AccumulatedAmortizationDebtIssuanceCostsAndDeferredLeasingCosts`	$1.96M	USD	Point-in-time
Total Assets	`Assets`	$651.46M	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$144.87K	USD	Point-in-time
Secured debt, debt issuance costs	`DeferredFinanceCostsNet`	$158.07K	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $144,865 and $158,070	`SecuredDebt`	$33.79M	USD	Point-in-time
Secured credit facilities, net of debt issuance costs of $144,865 and $158,070	`SecuredDebt`	$32.92M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $3,597,095 and $3,768,504	`ConvertibleDebtNoncurrent`	$118.32M	USD	Point-in-time
Unsecured convertible senior notes, net of discount and debt issuance costs of $3,597,095 and $3,768,504	`ConvertibleDebtNoncurrent`	$118.08M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$8.04M	USD	Point-in-time
Asset retirement obligation	`AssetRetirementObligation`	$8.45M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$2.97M	USD	Point-in-time
Accounts payable and other accrued liabilities	`AccountsPayableAndOtherAccruedLiabilities`	$6.00M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.67M	USD	Point-in-time
Management fees payable	`ManagementFeePayable`	$1.67M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiability`	$6.89M	USD	Point-in-time
Unearned revenue	`ContractWithCustomerLiability`	$6.71M	USD	Point-in-time
Total Liabilities	`Liabilities`	$174.72M	USD	Point-in-time
Total Liabilities	`Liabilities`	$170.80M	USD	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $125,270,350 and $125,493,175 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 50,108 and 50,197 issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`PreferredStockValue`	$125.49M	USD	Point-in-time
Capital stock non-convertible, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Series A Cumulative Redeemable Preferred Stock 7.375%, $125,270,350 and $125,493,175 liquidation preference ($2,500 per share, $0.001 par value), 10,000,000 authorized; 50,108 and 50,197 issued and outstanding at March 31, 2020 and December 31, 2019, respectively	`PreferredStockValue`	$125.27M	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, $0.001 par value; 13,651,521 and 13,638,916 shares issued and outstanding at March 31, 2020 and December 31, 2019 (100,000,000 shares authorized)	`CommonStockValue`	$13.65K	USD	Point-in-time
Capital stock, non-convertible, $0.001 par value; 13,651,521 and 13,638,916 shares issued and outstanding at March 31, 2020 and December 31, 2019 (100,000,000 shares authorized)	`CommonStockValue`	$13.64K	USD	Point-in-time
Capital stock non-convertible, shares issued (in shares)	`CommonStockSharesIssued`	13.64M	shares	Point-in-time
Capital stock non-convertible, shares issued (in shares)	`CommonStockSharesIssued`	13.65M	shares	Point-in-time
Capital stock non-convertible, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.64M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$348.72M	USD	Point-in-time
Capital stock non-convertible, shares outstanding (in shares)	`CommonStockSharesOutstanding`	13.65M	shares	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$360.84M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-9.61M	USD	Point-in-time
Retained deficit	`RetainedEarningsAccumulatedDeficit`	$-171.60M	USD	Point-in-time
Capital stock non-convertible, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Capital stock non-convertible, shares authorized (in shares)	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Total Equity	`StockholdersEquity`	$302.40M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$455.01M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$476.74M	USD	Point-in-time
Total Equity	`StockholdersEquity`	$476.18M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$651.46M	USD	Point-in-time
Total Liabilities and Equity	`LiabilitiesAndStockholdersEquity`	$473.20M	USD	Point-in-time

Income Statement 50 line items

Line Item	Tag	Value	Unit	Period
Lease revenue	`OperatingLeaseLeaseIncome`	$15.75M	USD	1 Quarter
Lease revenue	`OperatingLeaseLeaseIncome`	$16.72M	USD	1 Quarter
Deferred rent receivable write-off	`AmortizationOfLeaseIncentives`	$30.11M	USD	1 Quarter
Deferred rent receivable write-off	`AmortizationOfLeaseIncentives`	-	USD	1 Quarter
Total Revenue (Loss)	`Revenues`	$21.62M	USD	1 Quarter
Total Revenue (Loss)	`Revenues`	$-9.13M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.38M	USD	1 Quarter
Transportation and distribution expenses	`CostOfGoodsAndServicesSold`	$1.50M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$2.87M	USD	1 Quarter
General and administrative	`GeneralAndAdministrativeExpense`	$3.08M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$5.65M	USD	1 Quarter
Depreciation, amortization and ARO accretion expense	`DepreciationAmortizationAndAccretionNet`	$5.65M	USD	1 Quarter
Loss on impairment of leased property	`ImpairmentOfLeasehold`	$140.27M	USD	1 Quarter
Loss on impairment of leased property	`ImpairmentOfLeasehold`	-	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$150.37M	USD	1 Quarter
Total Expenses	`CostsAndExpenses`	$10.02M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-159.50M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$11.60M	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$317.82K	USD	1 Quarter
Net distributions and other income	`OtherInterestAndDividendIncome`	$256.62K	USD	1 Quarter
Interest expense	`InterestExpense`	$2.89M	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`	$-2.57M	USD	1 Quarter
Total Other Expense	`NonoperatingIncomeExpense`	$-7.29M	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$4.31M	USD	1 Quarter
Income (Loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$-162.07M	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$353.74K	USD	1 Quarter
Current tax expense (benefit)	`CurrentIncomeTaxExpenseBenefit`	$-394.64K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$93.59K	USD	1 Quarter
Deferred tax expense	`DeferredIncomeTaxExpenseBenefit`	$369.92K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$447.33K	USD	1 Quarter
Income tax expense (benefit), net	`IncomeTaxExpenseBenefit`	$-24.72K	USD	1 Quarter
Net Income (Loss) attributable to CorEnergy Stockholders	`ProfitLoss`	$-162.04M	USD	1 Quarter
Net Income (Loss) attributable to CorEnergy Stockholders	`ProfitLoss`	$3.87M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.31M	USD	1 Quarter
Preferred dividend requirements	`PreferredStockDividendsAndOtherAdjustments`	$2.26M	USD	1 Quarter
Net Income (Loss) attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$1.55M	USD	1 Quarter
Net Income (Loss) attributable to Common Stockholders	`NetIncomeLossAvailableToCommonStockholdersBasic`	$-164.30M	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$-12.04	USD	1 Quarter
Basic (in dollars per share)	`EarningsPerShareBasic`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$0.12	USD	1 Quarter
Diluted (in dollars per share)	`EarningsPerShareDiluted`	$-12.04	USD	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	13.65M	shares	1 Quarter
Basic (in shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	12.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	12.60M	shares	1 Quarter
Diluted (in shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	13.65M	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 70 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$-162.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.87M	USD	1 Quarter
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$93.59K	USD	1 Quarter
Deferred income tax, net	`DeferredIncomeTaxesAndTaxCredits`	$369.92K	USD	1 Quarter
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$5.98M	USD	1 Quarter
Depreciation, amortization and ARO accretion	`DepreciationDepletionAndAmortization`	$5.94M	USD	1 Quarter
Loss on impairment of leased property	`ImpairmentOfLeasehold`	$140.27M	USD	1 Quarter
Loss on impairment of leased property	`ImpairmentOfLeasehold`	-	USD	1 Quarter
Deferred rent receivable write-off, noncash	`AmortizationOfLeaseIncentives`	$30.11M	USD	1 Quarter
Deferred rent receivable write-off, noncash	`AmortizationOfLeaseIncentives`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-5.04M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	$-3.96K	USD	1 Quarter
Loss on disposal of equipment	`GainLossOnSaleOfPropertyPlantEquipment`	-	USD	1 Quarter
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$1.45M	USD	1 Quarter
Increase in deferred rent receivable	`IncreaseDecreaseInDeferredRentReceivables`	$247.72K	USD	1 Quarter
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-649.87K	USD	1 Quarter
Decrease in accounts and other receivables	`IncreaseDecreaseInAccountsAndOtherReceivables`	$-1.12M	USD	1 Quarter
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	-	USD	1 Quarter
Increase in financing note accrued interest receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$9.54K	USD	1 Quarter
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$108.01K	USD	1 Quarter
Increase in prepaid expenses and other assets	`IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets`	$296.03K	USD	1 Quarter
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$3.95K	USD	1 Quarter
Increase (decrease) in management fee payable	`IncreaseDecreaseInOtherAccountsPayable`	$-70.15K	USD	1 Quarter
Increase (decrease) in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$2.89M	USD	1 Quarter
Increase (decrease) in accounts payable and other accrued liabilities	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-3.03M	USD	1 Quarter
Increase in current income tax liability	`IncreaseDecreaseInAccruedIncomeTaxesPayable`	-	USD	1 Quarter
Increase 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`	$-180.63K	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$17.06M	USD	1 Quarter
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$11.77M	USD	1 Quarter
Purchases of property and equipment, net	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$13.03K	USD	1 Quarter
Purchases of property and equipment, net	`PaymentsToAcquireOtherPropertyPlantAndEquipment`	$15.34K	USD	1 Quarter
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	$5.00M	USD	1 Quarter
Principal payment on note receivable	`ProceedsFromCollectionOfNotesReceivable`	-	USD	1 Quarter
Principal payment on financing note receivable	`ProceedsFromCollectionOfFinanceReceivables`	-	USD	1 Quarter
Principal payment on financing note receivable	`ProceedsFromCollectionOfFinanceReceivables`	$32.50K	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$4.98M	USD	1 Quarter
Net cash provided by investing activities	`NetCashProvidedByUsedInInvestingActivities`	$19.47K	USD	1 Quarter
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$60.55K	USD	1 Quarter
Repurchases of preferred stock	`PaymentsForRepurchaseOfPreferredStockAndPreferenceStock`	$162.00K	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`	$2.31M	USD	1 Quarter
Dividends paid on Series A preferred stock	`PaymentsOfDividendsPreferredStockAndPreferenceStock`	$2.31M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$9.19M	USD	1 Quarter
Dividends paid on common stock	`PaymentsOfDividendsCommonStock`	$10.24M	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`	$-13.60M	USD	1 Quarter
Net cash used in financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-31.97M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-1.81M	USD	1 Quarter
Net Change in Cash and Cash Equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-9.93M	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`	$119.05M	USD	Point-in-time
Cash and Cash Equivalents at beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.86M	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`	$119.05M	USD	Point-in-time
Cash and Cash Equivalents at end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$120.86M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$1.12M	USD	1 Quarter
Interest paid	`InterestPaidNet`	$4.33M	USD	1 Quarter
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$-220.70K	USD	1 Quarter
Income taxes paid (net of refunds)	`IncomeTaxesPaidNet`	$-467.41K	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`	-	USD	1 Quarter
Common stock issued upon exchange and conversion of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	$419.13K	USD	1 Quarter
Common stock issued upon exchange and conversion of convertible notes	`NonCashExpenseConversionOfConvertibleSecurities`	$28.87M	USD	1 Quarter

Stockholders Equity 25 line items

Line Item	Tag	Value	Unit	Period
Addition to (deduction from) preferred dividends	`OtherPreferredStockDividendsAndAdjustments`	$245.00	USD	1 Quarter
Addition to (deduction from) preferred dividends	`OtherPreferredStockDividendsAndAdjustments`	$-52.90K	USD	1 Quarter
Beginning balance (in shares)	`CommonStockSharesOutstanding`	13.64M	shares	Point-in-time
Beginning balance (in shares)	`CommonStockSharesOutstanding`	13.65M	shares	Point-in-time
Beginning balance	`StockholdersEquity`	$302.40M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$476.74M	USD	Point-in-time
Beginning balance	`StockholdersEquity`	$476.18M	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-162.04M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$3.87M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.31M	USD	1 Quarter
Series A preferred stock dividends	`DividendsPreferredStock`	$2.31M	USD	1 Quarter
Preferred stock repurchases	`StockRepurchasedDuringPeriodValue`	$162.00K	USD	1 Quarter
Preferred stock repurchases	`StockRepurchasedDuringPeriodValue`	$60.55K	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$10.24M	USD	1 Quarter
Common stock dividends	`DividendsCommonStock`	$9.60M	USD	1 Quarter
Common stock issued upon exchange of convertible notes	`StockIssuedDuringPeriodValueExchangeOfConvertibleSecurities`	$28.87M	USD	1 Quarter
Common stock issued upon exchange of convertible notes	`StockIssuedDuringPeriodValueExchangeOfConvertibleSecurities`	$419.13K	USD	1 Quarter
Reinvestment of dividends paid to common stockholders	`StockIssuedDuringPeriodValueDividendReinvestmentPlan`	$403.83K	USD	1 Quarter
Ending balance (in shares)	`CommonStockSharesOutstanding`	13.64M	shares	Point-in-time
Ending balance (in shares)	`CommonStockSharesOutstanding`	13.65M	shares	Point-in-time
Ending balance	`StockholdersEquity`	$302.40M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$455.01M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$476.74M	USD	Point-in-time
Ending balance	`StockholdersEquity`	$476.18M	USD	Point-in-time

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