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Debt (Tables)
 9 Months Ended
Sep. 30, 2021
Debt Disclosure [Abstract]  
Schedule of Debt
The following is a summary of the Company's debt facilities and balances as of September 30, 2021 and December 31, 2020:
Total Commitment
 or Original Principal		Quarterly Principal PaymentsSeptember 30, 2021December 31, 2020
Maturity
Date		Amount OutstandingInterest
Rate		Amount OutstandingInterest
Rate
Crimson Secured Credit Facility:
Crimson Revolver$50,000,000 $— 2/4/2024$28,000,000 4.08 %$— — %
Crimson Term Loan80,000,000 2,000,000 2/4/202476,000,000 4.08 %— — %
Crimson Uncommitted Incremental Credit Facility25,000,000 — 2/4/2024— — %— — %
CorEnergy Secured Credit Facility (1):
CorEnergy Revolver160,000,000 — 7/28/2022— — %— 2.89 %
MoGas Revolver1,000,000 — 7/28/2022— — %— 2.89 %
Omega Line of Credit (2)
1,500,000 — 4/30/2021— — %— 4.14 %
5.875% Unsecured Convertible Senior Notes
120,000,000 — 8/15/2025118,050,000 5.875 %118,050,000 5.875 %
Total Debt$222,050,000 $118,050,000 
Less:
Unamortized deferred financing costs on 5.875% Convertible Senior Notes
$322,678 $385,131 
Unamortized discount on 5.875% Convertible Senior Notes
2,225,918 2,656,739 
Unamortized deferred financing costs on Crimson Secured Credit Facility (3)
1,427,667 — 
Total Debt, net of deferred financing costs$218,073,737 $115,008,130 
Debt due within one year$8,000,000 $— 
(1) The CorEnergy Secured Credit Facility was terminated on February 4, 2021 in connection with the Crimson Transaction described in Note 3 ("Acquisitions").
(2) The Omega Line of Credit was terminated on February 4, 2021 in connection with the Crimson Transaction described in Note 3 ("Acquisitions").
(3) Unamortized deferred financing costs related to the Company's revolving credit facilities are included in Deferred Costs in the Assets section of the Consolidated Balance Sheets. Refer to the "Deferred Financing Costs" paragraph below.
A summary of deferred financing cost amortization expenses for the three and nine months ended September 30, 2021 and 2020 is as follows:
For the Three Months EndedFor the Nine Months Ended
September 30, 2021September 30, 2020September 30, 2021September 30, 2020
Crimson Credit Facility$247,635 $— $651,669 $— 
CorEnergy Credit Facility— 143,636 $47,879 $430,906 
Amended Pinedale Term Credit Facility— — — 26,410 
Total Deferred Debt Cost Amortization Expense (1)(2)
$247,635 $143,636 $699,548 $457,316 
(1) Amortization of deferred debt issuance costs is included in interest expense in the Consolidated Statements of Operations.
(2) For the amount of deferred debt cost amortization relating to the convertible notes included in the Consolidated Statements of Operations, refer to the Convertible Note Interest Expense table below.
Contractual Payments
The remaining contractual principal payments as of September 30, 2021 under the Crimson Credit Facility are as follows:
YearCrimson Term LoanCrimson RevolverTotal
2021$2,000,000 $— $2,000,000 
20228,000,000 — 8,000,000 
20238,000,000 — 8,000,000 
202458,000,000 28,000,000 86,000,000 
2025— — — 
Thereafter — — — 
Total Remaining Contractual Payments$76,000,000 $28,000,000 $104,000,000 
Convertible Note Interest Expense
The following is a summary of the impact of convertible notes on interest expense for the three and nine months ended September 30, 2021 and 2020:
Convertible Note Interest Expense
For the Three Months EndedFor the Nine Months Ended
September 30, 2021September 30, 2020September 30, 2021September 30, 2020
 
7.00% Convertible Notes:
Interest Expense$— $— $— $55,331 
Discount Amortization— — — 6,681 
Deferred Debt Issuance Amortization— — — 1,141 
Total 7.00% Convertible Notes
$— $— $— $63,153 
5.875% Convertible Notes:
Interest Expense$1,733,859 $1,733,859 $5,201,577 $5,239,129 
Discount Amortization143,607 143,607 430,821 433,932 
Deferred Debt Issuance Amortization20,818 20,818 62,454 62,905 
Total 5.875% Convertible Notes
$1,898,284 $1,898,284 $5,694,852 $5,735,966 
Total Convertible Note Interest Expense$1,898,284 $1,898,284 $5,694,852 $5,799,119