CorEnergy Infrastructure Trust, Inc. - FORM 10-K - EX-12.1 - EXHIBIT 12.1 RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS

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EX-32.1 - EXHIBIT 32.1 SECTION 906 CEO AND CFO CERTIFICATIONS - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx321sec.htm
EX-31.2 - EXHIBIT 31.2 SECTION 302 CFO CERTIFICATION - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx312sec.htm
EX-31.1 - EXHIBIT 31.1 SECTION 302 CEO CERTIFICATION - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx311sec.htm
EX-23.1 - EXHIBIT 23.1 CONSENT OF ERNST & YOUNG - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx231con.htm
EX-21.1 - EXHIBIT 21.1 SUBSIDIARIES OF CORENERGY INFRASTRUCTURE TRUST, INC. - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx211sub.htm
EX-10.23.5 - EXHIBIT 10.23.5 ASSIGNMENT AND ASSUMPTION OF GUARANTY AND RELEASE - CorEnergy Infrastructure Trust, Inc.	corr-2016x12x31x10kexx1023.htm
EX-10.23.4 - EXHIBIT 10.23.4 ASSIGNMENT AND ASSUMPTION AGREEMENT - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx10234a.htm
EX-10.22 - EXHIBIT 10.22 MOGAS SERVICE AGREEMENT - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kex1022.htm
EX-10.12.3 - EXHIBIT 10.12.3 AMENDED AND RESTATED LIMITED GUARANTY OF COLLECTION - CorEnergy Infrastructure Trust, Inc.	corr-2016x1231x10kexx10123.htm
EX-10.2.7 - EXHIBIT 10.2.7 MANAGEMENT FEE WAIVER - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10kexx1027ma.htm
10-K - 10-K - CorEnergy Infrastructure Trust, Inc.	corr-20161231x10k.htm

Exhibit 12.1

EXHIBIT 12.1 - Computation of Ratio of Earnings to Combined Fixed Charges and Preferred Stock Dividends - CorEnergy Infrastructure Trust, Inc.



	For the Years Ended December 31,								For the Years Ended November 30,			One-Month Transition Period Ended December 31,
	2016		2015		2014		2013		2012			2012

Earnings:
Pre-tax income from continuing operations before adjustment for income or loss from equity investees	$	28,561,682	$	11,782,422	$	6,973,693	$	2,967,257	$	19,857,050		$	(515,658	)
Fixed charges⁽¹⁾	$	14,417,839	$	9,781,184	$	3,675,122	$	3,288,378	$	81,123		$	416,137
Amortization of capitalized interest	$	—	$	—	$	—	$	—	$	—		$	—
Distributed income of equity investees	$	1,140,824	$	1,270,754	$	1,836,783	$	584,814	$	(279,395	)	$	2,325
Pre-tax losses of equity investees for which charges arising from guarantees are included in fixed charges	$	—	$	—	$	—	$	—	$	—		$	—
Subtract:
Interest capitalized	$	—	$	—	$	—	$	—	$	—		$	—
Preference security dividend requirements of consolidated subsidiaries	$	—	$	—	$	—	$	—	$	—		$	—
Noncontrolling interest in pre-tax income of subsidiaries that have not incurred fixed charges	$	—	$	—	$	—	$	—	$	—		$	—
Earnings	44,120,345		22,834,360		12,485,598		6,840,449		19,658,778			(97,196		)

Combined Fixed Charges and Preference Dividends:
Fixed charges⁽¹⁾	$	14,417,839	$	9,781,184	$	3,675,122	$	3,288,378	$	81,123		$	416,137
Preferred security dividend⁽²⁾	4,148,437		3,848,828		—		—		—			—
Combined fixed charges and preference dividends	18,566,276		13,630,012		3,675,122		3,288,378		81,123			416,137

Ratio of earnings to fixed charges	3.06		2.33		3.40		2.08		242.70			(0.23		)
Ratio of earnings to combined fixed charges and preference dividends	2.38		1.68		3.40		2.08		242.70			(0.23		)

Combined Fixed Charges Deficiency												(513,333		)


(1)	Fixed charges consist of interest expense, as defined under U.S. generally accepted accounting principles, on all indebtedness

(2) In the current year column, this line represents the amount of preferred stock dividends accumulated as of September 30, 2016.

CorEnergy Infrastructure Trust, Inc. - FORM 10-K - EX-12.1 - EXHIBIT 12.1 RATIO OF EARNINGS TO COMBINED FIXED CHARGES AND PREFERRED DIVIDENDS - March 1, 2017