Ameritrust Corp

$ Overview Financials Valuation SEC Filings Company Website

2021 Q3 Form 10-Q Financial Statement

#000109181821000116 Filed on September 08, 2021

Income Statement

Concept	2021 Q3	2021 Q2	2021 Q1

Balance Sheet

Concept	2021 Q2	2021 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$7.211M	$8.744M
YoY Change
Cash & Equivalents	$7.211M	$8.744M
Short-Term Investments
Other Short-Term Assets	$8.706M	$313.0M
YoY Change
Inventory	$19.69K	$19.69K
Prepaid Expenses
Receivables	$259.2K	$563.4K
Other Receivables	$299.6M	$300.2M
Total Short-Term Assets	$651.1M	$622.5M
YoY Change
LONG-TERM ASSETS
Property, Plant & Equipment	$29.83M	$29.53M
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.533M	$1.533M
YoY Change
Other Assets
YoY Change
Total Long-Term Assets	$37.89M	$37.60M
YoY Change
TOTAL ASSETS
Total Short-Term Assets	$651.1M	$622.5M
Total Long-Term Assets	$37.89M	$37.60M
Total Assets	$689.0M	$660.1M
YoY Change
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$54.00M	$331.5M
YoY Change	99401.93%
Accrued Expenses	$50.72K	$50.72K
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$204.2M	$196.5M
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$703.3M	$666.3M
YoY Change	1295847.17%
LONG-TERM LIABILITIES
Long-Term Debt	$6.141M	$8.578M
YoY Change
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities	$6.141M	$8.578M
YoY Change
TOTAL LIABILITIES
Total Short-Term Liabilities	$703.3M	$666.3M
Total Long-Term Liabilities	$6.141M	$8.578M
Total Liabilities	$709.5M	$674.9M
YoY Change	1307162.98%
SHAREHOLDERS EQUITY
Retained Earnings	-$46.97M
YoY Change
Common Stock	$14.74M
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	-$20.45M	-$14.81M
YoY Change
Total Liabilities & Shareholders Equity	$689.0M	$660.1M
YoY Change

Cashflow Statement

Concept	2021 Q3	2021 Q2	2021 Q1

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	atcc	Fees And Expenses FeesAndExpenses		USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture		USD
	us-gaap	Payments To Acquire Interest In Joint Venture PaymentsToAcquireInterestInJointVenture		USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents		USD
	us-gaap	Effect Of Exchange Rate On Cash And Cash Equivalents EffectOfExchangeRateOnCashAndCashEquivalents		USD
	atcc	Lease Expiry Date LeaseExpiryDate	August 2023
	dei	Entity Central Index Key EntityCentralIndexKey	0001372954
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2021
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Amendment Flag AmendmentFlag	false
	dei	Entity Registrant Name EntityRegistrantName	Ameritrust Corp
	dei	Document Type DocumentType	10-Q
	dei	Document Quarterly Report DocumentQuarterlyReport	true
	dei	Document Period End Date DocumentPeriodEndDate	2021-06-30
	dei	Document Transition Report DocumentTransitionReport	false
	dei	Entity Incorporation State Country Code EntityIncorporationStateCountryCode	WY
	dei	Entity Tax Identification Number EntityTaxIdentificationNumber	26-2877927
	dei	Entity Address Address Line1 EntityAddressAddressLine1	1712 Pioneer Ave.
	dei	Entity Address Address Line2 EntityAddressAddressLine2	Suite 500
	dei	Entity Address City Or Town EntityAddressCityOrTown	Cheyenne
	dei	Entity Address State Or Province EntityAddressStateOrProvince	WY
	dei	Entity Address Postal Zip Code EntityAddressPostalZipCode	82001
	dei	City Area Code CityAreaCode	475
	dei	Local Phone Number LocalPhoneNumber	217-6124
	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
	dei	Entity Interactive Data Current EntityInteractiveDataCurrent	Yes
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Entity Small Business EntitySmallBusiness	true
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	false
	dei	Entity Shell Company EntityShellCompany	false
CY2021Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	7239573961951	shares
CY2021Q2	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	7210786	USD
CY2020Q3	us-gaap	Cash And Cash Equivalents At Carrying Value CashAndCashEquivalentsAtCarryingValue	4006230	USD
CY2021Q2	us-gaap	Restricted Cash RestrictedCash	345051	USD
CY2020Q3	us-gaap	Restricted Cash RestrictedCash	12264017	USD
CY2021Q2	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	259209	USD
CY2020Q3	us-gaap	Accounts Notes And Loans Receivable Net Current AccountsNotesAndLoansReceivableNetCurrent	238914	USD
CY2021Q2	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	299645866	USD
CY2020Q3	us-gaap	Other Receivables Net Current OtherReceivablesNetCurrent	261489496	USD
CY2021Q2	atcc	Advance Payment Receivables Current AdvancePaymentReceivablesCurrent	16116060	USD
CY2020Q3	atcc	Advance Payment Receivables Current AdvancePaymentReceivablesCurrent	23163808	USD
CY2021Q2	us-gaap	Inventory Net InventoryNet	19686	USD
	dei	Entity File Number EntityFileNumber	000-53371
CY2020Q3	us-gaap	Long Term Debt LongTermDebt	18133611	USD
CY2021Q2	us-gaap	Long Term Debt LongTermDebt	6141090	USD
CY2020Q3	us-gaap	Inventory Net InventoryNet	19686	USD
CY2021Q2	us-gaap	Real Estate Assets Held For Development And Sale RealEstateAssetsHeldForDevelopmentAndSale	283140220	USD
CY2020Q3	us-gaap	Real Estate Assets Held For Development And Sale RealEstateAssetsHeldForDevelopmentAndSale	279327231	USD
CY2021Q2	atcc	Operating Lease Right Of Use Asset Current OperatingLeaseRightOfUseAssetCurrent	50715	USD
CY2020Q3	atcc	Operating Lease Right Of Use Asset Current OperatingLeaseRightOfUseAssetCurrent	50715	USD
CY2021Q2	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	35620102	USD
CY2020Q3	us-gaap	Due From Related Parties Current DueFromRelatedPartiesCurrent	5992	USD
CY2021Q2	us-gaap	Other Assets Current OtherAssetsCurrent	8706317	USD
CY2020Q3	us-gaap	Other Assets Current OtherAssetsCurrent	65000	USD
CY2021Q2	us-gaap	Assets Current AssetsCurrent	651114012	USD
CY2020Q3	us-gaap	Assets Current AssetsCurrent	580631089	USD
CY2021Q2	us-gaap	Real Estate Investments RealEstateInvestments	29833358	USD
CY2020Q3	us-gaap	Real Estate Investments RealEstateInvestments	23497368	USD
CY2021Q2	us-gaap	Equity Method Investments EquityMethodInvestments	1532591	USD
CY2020Q3	us-gaap	Equity Method Investments EquityMethodInvestments	1532591	USD
CY2021Q2	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	6520239	USD
CY2020Q3	us-gaap	Intangible Assets Net Including Goodwill IntangibleAssetsNetIncludingGoodwill	6590948	USD
CY2021Q2	us-gaap	Assets Noncurrent AssetsNoncurrent	37886188	USD
CY2020Q3	us-gaap	Assets Noncurrent AssetsNoncurrent	31620907	USD
CY2021Q2	us-gaap	Assets Assets	689000200	USD
CY2020Q3	us-gaap	Assets Assets	612251996	USD
CY2021Q2	us-gaap	Accounts Payable Current AccountsPayableCurrent	53999700	USD
CY2020Q3	us-gaap	Accounts Payable Current AccountsPayableCurrent	77328377	USD
CY2021Q2	us-gaap	Short Term Borrowings ShortTermBorrowings	204222762	USD
CY2020Q3	us-gaap	Short Term Borrowings ShortTermBorrowings	197435884	USD
CY2021Q2	us-gaap	Customer Deposits Current CustomerDepositsCurrent	65776859	USD
CY2020Q3	us-gaap	Customer Deposits Current CustomerDepositsCurrent	54495369	USD
CY2021Q2	atcc	Other Accounts Payable And Accrued Liabilities Current OtherAccountsPayableAndAccruedLiabilitiesCurrent	304038620	USD
CY2020Q3	atcc	Other Accounts Payable And Accrued Liabilities Current OtherAccountsPayableAndAccruedLiabilitiesCurrent	244208921	USD
CY2021Q2	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	50715	USD
CY2020Q3	us-gaap	Operating Lease Liability Current OperatingLeaseLiabilityCurrent	50715	USD
CY2021Q2	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	75221873	USD
CY2020Q3	us-gaap	Due To Related Parties Current DueToRelatedPartiesCurrent	53735244	USD
CY2021Q2	us-gaap	Liabilities Current LiabilitiesCurrent	703310529	USD
CY2020Q3	us-gaap	Liabilities Current LiabilitiesCurrent	627254510	USD
CY2021Q2	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	6141090	USD
CY2020Q3	us-gaap	Liabilities Noncurrent LiabilitiesNoncurrent	18133611	USD
CY2021Q2	us-gaap	Liabilities Liabilities	709451619	USD
CY2020Q3	us-gaap	Liabilities Liabilities	645388121	USD
CY2021Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2020Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2021Q2	us-gaap	Common Stock Value CommonStockValue	14738395	USD
CY2020Q3	us-gaap	Common Stock Value CommonStockValue	14738395	USD
CY2021Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	11782993	USD
CY2020Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	4782993	USD
CY2021Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-46972807	USD
CY2020Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-52657513	USD
CY2021Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax		USD
CY2020Q3	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax		USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-20451419	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	-33136125	USD
CY2021Q2	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax		USD
CY2020Q3	us-gaap	Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax		USD
CY2021Q2	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	-20451419	USD
CY2020Q3	us-gaap	Partners Capital Including Portion Attributable To Noncontrolling Interest PartnersCapitalIncludingPortionAttributableToNoncontrollingInterest	-33136125	USD
CY2021Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	689000200	USD
CY2020Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	612251996	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	320644	USD
	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	124258	USD
CY2020Q2	us-gaap	Investment Income Net InvestmentIncomeNet	3483290	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	0	USD
CY2021Q2	us-gaap	Revenues Revenues	1256841	USD
CY2020Q2	us-gaap	Revenues Revenues	952670	USD
	us-gaap	Revenues Revenues	25862283	USD
	us-gaap	Revenues Revenues	4233707	USD
	atcc	Costs Of Real Estate Sales CostsOfRealEstateSales	2281162	USD
	atcc	Costs Of Real Estate Sales CostsOfRealEstateSales	1707885	USD
CY2020Q2	atcc	Rental Cost Of Real Estate RentalCostOfRealEstate	67828	USD
	atcc	Rental Cost Of Real Estate RentalCostOfRealEstate	101771	USD
	atcc	Rental Cost Of Real Estate RentalCostOfRealEstate	67828	USD
CY2021Q2	atcc	Other Cost Of Sales OtherCostOfSales	136302	USD
CY2020Q2	atcc	Other Cost Of Sales OtherCostOfSales	17558	USD
	atcc	Other Cost Of Sales OtherCostOfSales	136302	USD
	atcc	Other Cost Of Sales OtherCostOfSales	17558	USD
CY2021Q2	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	274981	USD
CY2020Q2	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	227420	USD
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	1663454	USD
	us-gaap	Taxes Excluding Income And Excise Taxes TaxesExcludingIncomeAndExciseTaxes	611823	USD
CY2021Q2	atcc	Operating Expense OperatingExpense	237190	USD
CY2020Q2	atcc	Operating Expense OperatingExpense	146000	USD
	atcc	Operating Expense OperatingExpense	920063	USD
	atcc	Operating Expense OperatingExpense	181193	USD
CY2021Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	636269	USD
CY2020Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	588492	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2599552	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	2481635	USD
CY2021Q2	us-gaap	Costs And Expenses CostsAndExpenses	1284742	USD
CY2020Q2	us-gaap	Costs And Expenses CostsAndExpenses	1047298	USD
	us-gaap	Costs And Expenses CostsAndExpenses	7702304	USD
	us-gaap	Costs And Expenses CostsAndExpenses	5067922	USD
CY2021Q2	atcc	Interest Income Expenses Net InterestIncomeExpensesNet	-5653382	USD
CY2020Q2	atcc	Interest Income Expenses Net InterestIncomeExpensesNet	-4812565	USD
	atcc	Interest Income Expenses Net InterestIncomeExpensesNet	-12347043	USD
	atcc	Interest Income Expenses Net InterestIncomeExpensesNet	-11971595	USD
CY2021Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	-23728	USD
CY2020Q2	us-gaap	Other Nonoperating Income Expense OtherNonoperatingIncomeExpense	58664	USD
	us-gaap	Investment Income Net InvestmentIncomeNet	3483290	USD
CY2021Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-5705011	USD
CY2020Q2	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-1365239	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	6133580	USD
	us-gaap	Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest	-9198262	USD
	us-gaap	Income Tax Expense Benefit IncomeTaxExpenseBenefit		USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-5705011	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-1365239	USD
	us-gaap	Net Income Loss NetIncomeLoss	6133580	USD
	us-gaap	Net Income Loss NetIncomeLoss	-9198262	USD
	us-gaap	Net Income Loss NetIncomeLoss	6133580	USD
	us-gaap	Net Income Loss NetIncomeLoss	-9198262	USD
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	20295	USD
	us-gaap	Increase Decrease In Accounts And Notes Receivable IncreaseDecreaseInAccountsAndNotesReceivable	488039	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	38156370	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	9483897	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	0	USD
	us-gaap	Increase Decrease In Inventories IncreaseDecreaseInInventories	-18420	USD
	atcc	Increase Decrease In Real Estate Developed And Completed IncreaseDecreaseInRealEstateDevelopedAndCompleted	3812989	USD
	atcc	Increase Decrease In Real Estate Developed And Completed IncreaseDecreaseInRealEstateDevelopedAndCompleted	-59361822	USD
	atcc	Increase Decrease In Advance Payments IncreaseDecreaseInAdvancePayments	7047748	USD
	atcc	Increase Decrease In Advance Payments IncreaseDecreaseInAdvancePayments	766260	USD
	atcc	Increase Decrease In Right To Use Assets IncreaseDecreaseInRightToUseAssets		USD
	atcc	Increase Decrease In Right To Use Assets IncreaseDecreaseInRightToUseAssets		USD
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	35614110	USD
	us-gaap	Increase Decrease In Due From Related Parties IncreaseDecreaseInDueFromRelatedParties	82620695	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets	8641317	USD
	us-gaap	Increase Decrease In Other Current Assets IncreaseDecreaseInOtherCurrentAssets		USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-21486629	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	65437868	USD
	atcc	Increase Decrease In Accounts And Notes Payable IncreaseDecreaseInAccountsAndNotesPayable	23328677	USD
	atcc	Increase Decrease In Accounts And Notes Payable IncreaseDecreaseInAccountsAndNotesPayable	32591	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	11281490	USD
	us-gaap	Increase Decrease In Customer Deposits IncreaseDecreaseInCustomerDeposits	-880317	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-59829699	USD
	us-gaap	Increase Decrease In Other Accounts Payable And Accrued Liabilities IncreaseDecreaseInOtherAccountsPayableAndAccruedLiabilities	-1284900	USD
	us-gaap	Debt Instrument Decrease Forgiveness DebtInstrumentDecreaseForgiveness		USD
	us-gaap	Debt Instrument Decrease Forgiveness DebtInstrumentDecreaseForgiveness		USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-132373012	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	-98595313	USD
	atcc	Purchase Of Property And Equipment PurchaseOfPropertyAndEquipment	-158114	USD
	atcc	Purchase Of Property And Equipment PurchaseOfPropertyAndEquipment	1031417	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-158114	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	1031417	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	19538890	USD
	us-gaap	Proceeds From Related Party Debt ProceedsFromRelatedPartyDebt	21253235	USD
	atcc	Repayment Of Bank Loans RepaymentOfBankLoans	52654920	USD
	atcc	Repayment Of Bank Loans RepaymentOfBankLoans	45053181	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	44622906	USD
	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	40329857	USD
	atcc	Proceeds From Absorbing Investment ProceedsFromAbsorbingInvestment	7000000	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	123816716	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	106636273	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	-8714410	USD
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Excluding Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseExcludingExchangeRateEffect	9072377	USD
CY2020Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	16270247	USD
CY2019Q3	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1217845	USD
CY2021Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	7555837	USD
CY2020Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	10290222	USD
CY2020Q3	us-gaap	Stockholders Equity StockholdersEquity	-33136125	USD
CY2020Q4	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod	79820	USD
CY2020Q4	us-gaap	Net Income Loss NetIncomeLoss	12815580	USD
CY2020Q4	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	7000000	USD
CY2020Q4	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments		USD
CY2020Q4	us-gaap	Stockholders Equity StockholdersEquity	-13240725	USD
CY2021Q1	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod	-594706	USD
CY2021Q1	us-gaap	Net Income Loss NetIncomeLoss	-976989	USD
CY2021Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts		USD
CY2021Q1	us-gaap	Stockholders Equity StockholdersEquity	-14812420	USD
CY2021Q2	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod	66012	USD
CY2021Q2	us-gaap	Net Income Loss NetIncomeLoss	-5705011	USD
CY2021Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts		USD
CY2019Q4	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments		USD
CY2021Q2	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments		USD
CY2021Q2	us-gaap	Stockholders Equity StockholdersEquity	-20451419	USD
CY2019Q3	us-gaap	Stockholders Equity StockholdersEquity	-20396961	USD
CY2019Q4	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod		USD
CY2019Q4	us-gaap	Net Income Loss NetIncomeLoss	-5183233	USD
CY2019Q4	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts		USD
CY2019Q4	us-gaap	Stockholders Equity StockholdersEquity	-25580194	USD
CY2020Q1	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod	-41364	USD
CY2020Q1	us-gaap	Net Income Loss NetIncomeLoss	-2649790	USD
CY2020Q1	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts		USD
CY2020Q1	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments		USD
CY2020Q1	us-gaap	Stockholders Equity StockholdersEquity	-28271348	USD
CY2020Q2	atcc	Adjustment At Beginning Of Period AdjustmentAtBeginningOfPeriod	2595359	USD
CY2020Q2	us-gaap	Net Income Loss NetIncomeLoss	-1365239	USD
CY2020Q2	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts		USD
CY2020Q2	us-gaap	Temporary Equity Foreign Currency Translation Adjustments TemporaryEquityForeignCurrencyTranslationAdjustments		USD
CY2020Q2	us-gaap	Stockholders Equity StockholdersEquity	-26636587	USD
	us-gaap	Use Of Estimates UseOfEstimates	<p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:9pt; margin-bottom:0pt; "> <span style="font-style:italic; ">Estimates</span></p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:11pt; margin-bottom:0pt; ">The preparation of financial statements in accordance with US GAAP requires management to make estimates and assumptions, which will affect the reported amount of assets, liabilities and expenses during the reporting period. On an ongoing basis, the company evaluates its estimates. As more information becomes available, actual results may differ significantly from estimates.</p> <p style="font-family:Times New Roman, Times, serif; font-size:10pt; text-align:left; margin-top:11pt; margin-bottom:0pt; ">Our estimates include the valuation of goodwill, the selection of the estimated useful life of real estate and the valuation of deferred income tax assets. </p>
CY2021Q2	us-gaap	Cash And Due From Banks CashAndDueFromBanks	7210786	USD
CY2021Q1	us-gaap	Cash And Due From Banks CashAndDueFromBanks	8743735	USD
CY2021Q2	us-gaap	Restricted Cash Current RestrictedCashCurrent	345051	USD
CY2021Q1	us-gaap	Restricted Cash Current RestrictedCashCurrent	12606926	USD
CY2021Q2	us-gaap	Construction In Progress Gross ConstructionInProgressGross	66194671	USD
CY2021Q1	us-gaap	Construction In Progress Gross ConstructionInProgressGross	66579304	USD
CY2021Q1	us-gaap	Prepaid Taxes PrepaidTaxes	2826133	USD
CY2021Q2	us-gaap	Real Estate Held For Development And Sale RealEstateHeldForDevelopmentAndSale	216945549	USD
CY2021Q1	us-gaap	Real Estate Held For Development And Sale RealEstateHeldForDevelopmentAndSale	218687339	USD
CY2021Q2	us-gaap	Real Estate Assets Held For Development And Sale RealEstateAssetsHeldForDevelopmentAndSale	283140220	USD
CY2021Q1	us-gaap	Real Estate Assets Held For Development And Sale RealEstateAssetsHeldForDevelopmentAndSale	285266643	USD
CY2021Q2	us-gaap	Equity Method Investments EquityMethodInvestments	1532591	USD
CY2021Q2	us-gaap	Equity Method Investment Aggregate Cost EquityMethodInvestmentAggregateCost	1532591	USD

Files In Submission

Name	View Source	Status
0001091818-21-000116-index-headers.html	Edgar Link	pending
0001091818-21-000116-index.html	Edgar Link	pending
0001091818-21-000116.txt	Edgar Link	pending
0001091818-21-000116-xbrl.zip	Edgar Link	pending
atcc-20210630.xsd	Edgar Link	pending
atcc-20210630_cal.xml	Edgar Link	unprocessable
atcc-20210630_def.xml	Edgar Link	unprocessable
atcc-20210630_lab.xml	Edgar Link	unprocessable
atcc-20210630_pre.xml	Edgar Link	unprocessable
atcc10q0621.htm	Edgar Link	pending
atcc10q0621ex31-1.htm	Edgar Link	pending
atcc10q0621ex31-2.htm	Edgar Link	pending
atcc10q0621ex32-1.htm	Edgar Link	pending
atcc10q0621ex32-2.htm	Edgar Link	pending
atcc10q0621_htm.xml	Edgar Link	completed
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
MetaLinks.json	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R6.htm	Edgar Link	pending
R7.htm	Edgar Link	pending
R8.htm	Edgar Link	pending
R9.htm	Edgar Link	pending
report.css	Edgar Link	pending
Show.js	Edgar Link	pending

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Ameritrust Corp

2021 Q3 Form 10-Q Financial Statement

#000109181821000116 Filed on September 08, 2021

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission