Corraline doesn't normally grow in the Substrate like that. In my experience, this is Cyanobacteria or Red Slime. You almost always see this in areas of weak or no flow. I would remove it, adjust your power heads, and check your Nitrate and Phosphate levels as a precaution. I have small frags of Xenia's that I move around from time to time to see where my flow is weak and strong. If you have anything that moves well with water current of flow, place it in that precise spot and see if you get any movement. Worst case is that you might need another Power head or maybe move some of your Live Rock around so that you get flow to this area. Be careful though, moving LR means that you might stop the flow to another area.