$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2017 Q3 Form 10-Q Financial Statement

#000114420417043323 Filed on August 15, 2017

Income Statement

Concept	2017 Q3	2017 Q2	2016 Q2
Revenue	$1.939M	$1.560M	$1.095M
YoY Change	90.83%	42.42%
Cost Of Revenue	$530.0K	$370.0K	$140.0K
YoY Change	253.33%	164.29%
Gross Profit	$1.380M	$1.160M	$960.0K
YoY Change	56.82%	20.83%
Gross Profit Margin	71.17%	74.36%	87.64%
Selling, General & Admin	$80.00K	$180.0K	$90.00K
YoY Change	-20.0%	100.0%
% of Gross Profit	5.8%	15.52%	9.38%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$8.734K	$7.734K	$0.00
YoY Change
% of Gross Profit	0.63%	0.67%	0.0%
Operating Expenses	$80.00K	$170.0K	$80.00K
YoY Change	-20.0%	112.5%
Operating Profit	$1.300M	$990.0K	$880.0K
YoY Change	66.67%	12.5%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$10.00K	-$20.00K	$0.00
YoY Change
Pretax Income	$1.320M	$960.0K	$870.0K
YoY Change	97.01%	10.34%
Income Tax
% Of Pretax Income
Net Earnings	$1.318M	$956.6K	$869.3K
YoY Change	95.33%	10.05%
Net Earnings / Revenue	67.97%	61.32%	79.36%
Basic Earnings Per Share	$0.12	$0.09	$0.00
Diluted Earnings Per Share	$0.12	$0.09	$0.00
COMMON SHARES
Basic Shares Outstanding	11.10M shares	11.10M shares	0.000 shares
Diluted Shares Outstanding	11.10M shares	11.10M shares	0.000 shares

Balance Sheet

Concept	2017 Q3	2017 Q2	2016 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.000M	$1.900M	$1.500M
YoY Change	-69.7%	26.67%	-25.0%
Cash & Equivalents
Short-Term Investments
Other Short-Term Assets	$0.00	$100.0K
YoY Change
Inventory
Prepaid Expenses
Receivables	$800.0K	$700.0K	$500.0K
Other Receivables	$400.0K	$200.0K	$100.0K
Total Short-Term Assets	$2.200M	$2.900M	$2.100M
YoY Change	-45.0%	38.1%	-8.7%
LONG-TERM ASSETS
Property, Plant & Equipment	$508.6K	$500.7K	$1.200M
YoY Change	-60.88%	-58.28%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$200.0K	$400.0K	$300.0K
YoY Change	100.0%	33.33%
Total Long-Term Assets	$54.68M	$50.09M	$32.00M
YoY Change	69.8%	56.53%	53.85%
TOTAL ASSETS
Total Short-Term Assets	$2.200M	$2.900M	$2.100M
Total Long-Term Assets	$54.68M	$50.09M	$32.00M
Total Assets	$56.88M	$52.99M	$34.10M
YoY Change	57.11%	55.39%	47.62%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$100.0K	$200.0K
YoY Change
Accrued Expenses	$200.0K	$300.0K	$0.00
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt	$15.90M	$12.20M	$7.300M
YoY Change	87.06%	67.12%	114.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$16.90M	$13.40M	$7.800M
YoY Change	83.7%	71.79%	116.67%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$900.0K	$700.0K	$200.0K
YoY Change	350.0%	250.0%	100.0%
Total Long-Term Liabilities	$900.0K	$700.0K	$200.0K
YoY Change	350.0%	250.0%	100.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$16.90M	$13.40M	$7.800M
Total Long-Term Liabilities	$900.0K	$700.0K	$200.0K
Total Liabilities	$17.72M	$13.98M	$8.000M
YoY Change	86.52%	74.81%	116.22%
SHAREHOLDERS EQUITY
Retained Earnings	$1.164M	$1.012M
YoY Change
Common Stock	$11.10K	$11.10K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$39.16M	$39.00M	$26.10M
YoY Change
Total Liabilities & Shareholders Equity	$56.88M	$52.99M	$34.10M
YoY Change	57.11%	55.39%	47.62%

Cashflow Statement

Concept	2017 Q3	2017 Q2	2016 Q2
OPERATING ACTIVITIES
Net Income	$1.318M	$956.6K	$869.3K
YoY Change	95.33%	10.05%
Depreciation, Depletion And Amortization	$8.734K	$7.734K	$0.00
YoY Change
Cash From Operating Activities	$1.110M	$1.320M	$930.0K
YoY Change	40.51%	41.94%	1.09%
INVESTING ACTIVITIES
Capital Expenditures	-$380.0K	-$60.00K	-$470.0K
YoY Change		-87.23%
Acquisitions
YoY Change
Other Investing Activities	-$4.180M	-$8.190M	-$1.040M
YoY Change	2686.67%	687.5%	-81.06%
Cash From Investing Activities	-$4.560M	-$8.230M	-$1.530M
YoY Change	3157.14%	437.91%	-72.13%
FINANCING ACTIVITIES
Cash Dividend Paid	$1.166M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.600M	7.430M	870.0K
YoY Change	124.14%	754.02%	26.09%
NET CHANGE
Cash From Operating Activities	1.110M	1.320M	930.0K
Cash From Investing Activities	-4.560M	-8.230M	-1.530M
Cash From Financing Activities	2.600M	7.430M	870.0K
Net Change In Cash	-850.0K	520.0K	270.0K
YoY Change	-146.96%	92.59%	-106.96%
FREE CASH FLOW
Cash From Operating Activities	$1.110M	$1.320M	$930.0K
Capital Expenditures	-$380.0K	-$60.00K	-$470.0K
Free Cash Flow	$1.490M	$1.380M	$1.400M
YoY Change	88.61%	-1.43%	52.17%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017Q2	us-gaap	Cash Cash	1868045	USD
CY2016Q4	us-gaap	Cash Cash	1561863	USD
CY2017Q2	us-gaap	Escrow Deposit EscrowDeposit	311950	USD
CY2016Q4	us-gaap	Escrow Deposit EscrowDeposit	0	USD
CY2017Q2	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	47807245	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	32521588	USD
CY2017Q2	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	0	USD
CY2016Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1229022	USD
CY2017Q2	us-gaap	Interest Receivable InterestReceivable	567644	USD
CY2016Q4	us-gaap	Interest Receivable InterestReceivable	478928	USD
CY2017Q2	us-gaap	Other Receivables OtherReceivables	173945	USD
CY2016Q4	us-gaap	Other Receivables OtherReceivables	182842	USD
CY2017Q2	us-gaap	Due From Affiliates DueFromAffiliates	190565	USD
CY2016Q4	us-gaap	Due From Affiliates DueFromAffiliates	81911	USD
CY2017Q2	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	72432	USD
CY2016Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	0	USD
CY2017Q2	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	500663	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	397448	USD
CY2017Q2	us-gaap	Real Estate Investments RealEstateInvestments	1287126	USD
CY2016Q4	us-gaap	Real Estate Investments RealEstateInvestments	1222454	USD
CY2017Q2	sach	Preoffering Costs PreofferingCosts	77960	USD
CY2016Q4	sach	Preoffering Costs PreofferingCosts	625890	USD
CY2017Q2	us-gaap	Security Deposit SecurityDeposit	5000	USD
CY2016Q4	us-gaap	Security Deposit SecurityDeposit	0	USD
CY2017Q2	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	125561	USD
CY2016Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	67475	USD
CY2017Q2	us-gaap	Assets Assets	52988136	USD
CY2016Q4	us-gaap	Assets Assets	38369421	USD
CY2017Q2	us-gaap	Line Of Credit LineOfCredit	12161380	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	8113943	USD
CY2017Q2	us-gaap	Notes Payable NotesPayable	305970	USD
CY2016Q4	us-gaap	Notes Payable NotesPayable	310000	USD
CY2017Q2	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	800	USD
CY2017Q2	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	541333	USD
CY2016Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	291875	USD
CY2017Q2	us-gaap	Due To Officers Or Stockholders Current And Noncurrent DueToOfficersOrStockholdersCurrentAndNoncurrent	14928	USD
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CY2017Q2	us-gaap	Deferred Revenue DeferredRevenue	692102	USD
CY2016Q4	us-gaap	Deferred Revenue DeferredRevenue	290456	USD
CY2017Q2	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	39151	USD
CY2016Q2	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	119482	USD
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CY2016Q2	us-gaap	Salaries And Wages SalariesAndWages	91061	USD
CY2017Q2	us-gaap	Professional Fees ProfessionalFees	48403	USD
CY2016Q2	us-gaap	Professional Fees ProfessionalFees	0	USD
CY2017Q2	us-gaap	Depreciation Depreciation	7734	USD
CY2016Q2	us-gaap	Depreciation Depreciation	0	USD
CY2016Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	0	USD
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CY2016Q2	sach	Origination Fees OriginationFees	66320	USD
CY2017Q2	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	1223919	USD
CY2016Q2	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	931715	USD
CY2016Q2	us-gaap	Other Income OtherIncome	10478	USD
CY2017Q2	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	21845	USD
CY2017Q2	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	131754	USD
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CY2017Q2	us-gaap	Liabilities Liabilities	13984738	USD
CY2016Q4	us-gaap	Liabilities Liabilities	9883806	USD
CY2017Q2	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q2	us-gaap	Common Stock Value CommonStockValue	11103	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2017Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	37980133	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	USD
CY2017Q2	us-gaap	Members Equity MembersEquity	0	USD
CY2016Q4	us-gaap	Members Equity MembersEquity	28485615	USD
CY2017Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1012162	USD
CY2017Q2	us-gaap	Net Income Loss NetIncomeLoss	956646	USD
CY2016Q2	us-gaap	Net Income Loss NetIncomeLoss	869283	USD
CY2017Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.09
CY2016Q2	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
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CY2017Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
CY2016Q2	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
CY2017Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
CY2016Q2	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	0	shares
CY2017Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	603412	USD
CY2016Q2	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	226110	USD
CY2017Q2	us-gaap	Other Income OtherIncome	79433	USD
CY2016Q2	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	4579	USD
CY2017Q2	sach	Processing Fees ProcessingFees	29450	USD
	us-gaap	Net Income Loss NetIncomeLoss	1853424	USD
	us-gaap	Net Income Loss NetIncomeLoss	1552351	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.14
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.14
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	0	shares
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	286909	USD
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	221692	USD
	us-gaap	Salaries And Wages SalariesAndWages	35847	USD
	us-gaap	Salaries And Wages SalariesAndWages	152517	USD
	us-gaap	Professional Fees ProfessionalFees	132142	USD
	us-gaap	Professional Fees ProfessionalFees	24743	USD
	us-gaap	Depreciation Depreciation	12890	USD
	us-gaap	Depreciation Depreciation	0	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	177341	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	0	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	969372	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	421340	USD
	us-gaap	Revenues Revenues	2822796	USD
	us-gaap	Revenues Revenues	1973691	USD
	us-gaap	Other Income OtherIncome	125580	USD
	us-gaap	Other Income OtherIncome	10478	USD
	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	4579	USD
	sach	Processing Fees ProcessingFees	54375	USD
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	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	0	USD
	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	0	USD
	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	653646	USD
	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	2460125	USD
	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	88716	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	72432	USD
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	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	34759	USD
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	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-14411	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	31236	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	0	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	401646	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-645	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-194604	USD
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	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	1625727	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	90123	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	229141	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	62055	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	560861	USD
	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	116105	USD
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	us-gaap	Proceeds From Sale Of Investment Projects ProceedsFromSaleOfInvestmentProjects	1750	USD
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	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	9181290	USD
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	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-656296	USD
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	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	249458	USD
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	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	12498329	USD
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	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	13102234	USD
	us-gaap	Net Cash Provided By Used In Financing Activities Continuing Operations NetCashProvidedByUsedInFinancingActivitiesContinuingOperations	1358624	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	306182	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-361480	USD
CY2015Q4	us-gaap	Cash Cash	1834082	USD
CY2016Q2	us-gaap	Cash Cash	1472602	USD
	us-gaap	Interest Paid InterestPaid	242991	USD
	us-gaap	Interest Paid InterestPaid	211547	USD
CY2017Q2	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18	pure
CY2016Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	74954	USD
CY2017Q2	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	21634186	USD
CY2017Q2	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	7389127	USD
CY2017Q2	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	8519919	USD
CY2017Q2	us-gaap	Rental Properties RentalProperties	1287126	USD
CY2017Q2	us-gaap	Other Commitment OtherCommitment	3307371	USD
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2017-06-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2017
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q2
	dei	Entity Registrant Name EntityRegistrantName	Sachem Capital Corp.
	dei	Entity Central Index Key EntityCentralIndexKey	0001682220
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	SACH
CY2017Q3	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	11103237	shares
CY2017Q2	sach	Notes Payable And Other Accrued Expenses NotesPayableAndOtherAccruedExpenses	227324	USD
CY2016Q4	sach	Notes Payable And Other Accrued Expenses NotesPayableAndOtherAccruedExpenses	196086	USD
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q2	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q2	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q2	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q2	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q2	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11103237	shares
CY2017Q2	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11103237	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11103237	shares
CY2017Q2	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11103237	shares
CY2017Q2	sach	Compensationfees And Taxes CompensationfeesAndTaxes	164986	USD
CY2016Q2	sach	Compensationfees And Taxes CompensationfeesAndTaxes	15567	USD
	sach	Compensationfees And Taxes CompensationfeesAndTaxes	270825	USD
	sach	Compensationfees And Taxes CompensationfeesAndTaxes	22388	USD
CY2017Q2	us-gaap	Exchange Fees ExchangeFees	37665	USD
CY2016Q2	us-gaap	Exchange Fees ExchangeFees	0	USD
	us-gaap	Exchange Fees ExchangeFees	37665	USD
CY2017Q2	sach	Share Of Profitspercentage ShareOfProfitspercentage	0.3	pure
	us-gaap	Receivable With Imputed Interest Effective Yield Interest Rate ReceivableWithImputedInterestEffectiveYieldInterestRate	0.12	pure
CY2017Q2	us-gaap	Real Estate Investments Joint Ventures RealEstateInvestmentsJointVentures	345000	USD
CY2017Q3	us-gaap	Payments Of Dividends PaymentsOfDividends	1166000	USD
CY2017Q2	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
CY2016Q2	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
CY2017Q2	sach	Loss On Sale Of Real Estate Investement LossOnSaleOfRealEstateInvestement	42231	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-5000	USD
CY2016Q2	sach	Loss On Sale Of Real Estate Investement LossOnSaleOfRealEstateInvestement	0	USD
	sach	Loss On Sale Of Real Estate Investement LossOnSaleOfRealEstateInvestement	15753	USD
	us-gaap	Increase Decrease In Due From Other Related Parties Current IncreaseDecreaseInDueFromOtherRelatedPartiesCurrent	49607	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits		USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends		USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	0	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	555162	USD
CY2017Q2	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2017Q2	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	10264013	USD
CY2017Q3	us-gaap	Common Stock Dividends Per Share Declared CommonStockDividendsPerShareDeclared	0.105
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	29117	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	24556	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-15753	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	42231	USD
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans		USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	108654	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables		USD
	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	14928	USD
	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders		USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	311950	USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	4030	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	8933	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10176	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	10645	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	11136	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	11650	USD
CY2017Q2	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	253430	USD
CY2017Q2	us-gaap	Long Term Debt LongTermDebt	305970	USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	259000	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237	shares
	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Use of Estimates</font></i></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management will base the use of estimates on (a) various assumptions that consider its past experience, (b) the Company’s projections regarding future operations, and (c) general financial market and local and general economic conditions. Actual amounts could differ from those estimates.</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt" align="justify"><i><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt"> Concentrations of Credit Risk</font></i></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0in; MARGIN: 0in 0in 0pt; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in"> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Financial instruments that potentially subject the Company to concentrations of credit risk consist primarily of cash and mortgage loans. The Company maintains its cash with one major financial institution. Accounts at the financial institution are insured by the Federal Deposit Insurance Corporation up to $<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt">250,000</font>.</font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">  </font></div> <div style="CLEAR:both;LINE-HEIGHT: normal; TEXT-INDENT: 0.25in; MARGIN: 0in 0in 0pt 0.25in; FONT-FAMILY: Calibri,sans-serif; FONT-SIZE: 11pt; size: 8.5in 11.0in" align="justify"><font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt">Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 3 entitled “Mortgages Receivable.”</font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	107498	USD
CY2017Q2	us-gaap	Stockholders Equity StockholdersEquity	39003398	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	28485615	USD
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237	shares

Files In Submission

Name	View Source	Status
0001144204-17-043323-index-headers.html	Edgar Link	pending
0001144204-17-043323-index.html	Edgar Link	pending
0001144204-17-043323.txt	Edgar Link	pending
0001144204-17-043323-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	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
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.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
sach-20170630.xml	Edgar Link	completed
sach-20170630.xsd	Edgar Link	pending
sach-20170630_cal.xml	Edgar Link	unprocessable
sach-20170630_def.xml	Edgar Link	unprocessable
sach-20170630_lab.xml	Edgar Link	unprocessable
sach-20170630_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
v472864_10q.htm	Edgar Link	pending
v472864_ex31-1.htm	Edgar Link	pending
v472864_ex31-2.htm	Edgar Link	pending
v472864_ex32-1.htm	Edgar Link	pending
v472864_ex32-2.htm	Edgar Link	pending

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$SACH
Sachem Capital Corp. Stock $sach

2017 Q3 Form 10-Q Financial Statement

#000114420417043323 Filed on August 15, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2017 Q3 Form 10-Q Financial Statement

#000114420417043323 Filed on August 15, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach