The bug is inside this sql statement:
$author_count = array();
$sql = "SELECT DISTINCT
p1.post_author,
(COUNT(ID)+(SELECT COUNT(*)
FROM $wpdb->posts p2, $wpdb->postmeta pm
WHERE p2.ID = pm.post_id
AND pm.meta_key = '_coauthor'
AND pm.meta_value = p1.post_author)
) AS count
FROM $wpdb->posts p1
WHERE post_type = 'post' AND " . get_private_posts_cap_sql( 'post' ) . "
GROUP BY post_author";
To fix it I changed the lines above (coauthors.php file, lines 455 till 466 from Co Authors Plus plugin) to this:
foreach ( (array) $authors as $author ) {
$sql = "SELECT count(*) AS count FROM $wpdb->posts p1, $wpdb->postmeta pm WHERE p1.ID = pm.post_id AND pm.meta_key = '_coauthor' AND pm.meta_value = '" . $author->ID . "' AND p1.post_status = 'publish' OR p1.post_author = '" . $author->ID . "' AND p1.post_status = 'publish'";
And add } symbol right after line 508.
Now, this is definitely not the best variant as it makes an sql query for each author, but - it works. One can see it in action at darkmatter101.org.
If you don't want to dive into your plugin file, to fix this - Co Authors Plus modified plugin download link: http://www.moskjis.com