$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2017 Q4 Form 10-Q Financial Statement

#000114420417057980 Filed on November 13, 2017

Income Statement

Concept	2017 Q4	2017 Q3	2016 Q4
Revenue	$2.220M	$1.939M	$1.080M
YoY Change	105.56%	90.83%	22.73%
Cost Of Revenue	$70.00K	$530.0K	$150.0K
YoY Change	-53.33%	253.33%	87.5%
Gross Profit	$2.150M	$1.380M	$920.0K
YoY Change	133.7%	56.82%	15.0%
Gross Profit Margin	96.85%	71.17%	85.19%
Selling, General & Admin	$860.0K	$80.00K	$160.0K
YoY Change	437.5%	-20.0%	60.0%
% of Gross Profit	40.0%	5.8%	17.39%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$10.00K	$8.734K
YoY Change
% of Gross Profit	0.47%	0.63%
Operating Expenses	$460.0K	$80.00K	$110.0K
YoY Change	318.18%	-20.0%	-15.38%
Operating Profit	$1.690M	$1.300M	$810.0K
YoY Change	108.64%	66.67%	20.9%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$410.0K	-$10.00K	-$70.00K
YoY Change	485.71%
Pretax Income	$1.690M	$1.320M	$820.0K
YoY Change	106.1%	97.01%	24.24%
Income Tax
% Of Pretax Income
Net Earnings	$1.690M	$1.318M	$820.0K
YoY Change	106.1%	95.33%	24.24%
Net Earnings / Revenue	76.13%	67.97%	75.93%
Basic Earnings Per Share		$0.12
Diluted Earnings Per Share	$116.4K	$0.12	$83.59K
COMMON SHARES
Basic Shares Outstanding	15.42M shares	11.10M shares
Diluted Shares Outstanding		11.10M shares

Balance Sheet

Concept	2017 Q4	2017 Q3	2016 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.000M	$1.000M	$1.600M
YoY Change	-37.5%	-69.7%	-11.11%
Cash & Equivalents	$954.2K		$1.562M
Short-Term Investments
Other Short-Term Assets	$0.00	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables	$900.0K	$800.0K	$700.0K
Other Receivables	$400.0K	$400.0K	$0.00
Total Short-Term Assets	$2.300M	$2.200M	$2.300M
YoY Change	0.0%	-45.0%	9.52%
LONG-TERM ASSETS
Property, Plant & Equipment	$501.8K	$508.6K	$397.4K
YoY Change	26.26%	-60.88%	-60.26%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$200.0K	$200.0K	$100.0K
YoY Change	100.0%	100.0%
Total Long-Term Assets	$65.19M	$54.68M	$36.07M
YoY Change	80.75%	69.8%	25.68%
TOTAL ASSETS
Total Short-Term Assets	$2.300M	$2.200M	$2.300M
Total Long-Term Assets	$65.19M	$54.68M	$36.07M
Total Assets	$67.49M	$56.88M	$38.37M
YoY Change	75.91%	57.11%	24.58%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$400.0K	$100.0K	$200.0K
YoY Change	100.0%
Accrued Expenses	$400.0K	$200.0K	$200.0K
YoY Change	100.0%
Deferred Revenue
YoY Change
Short-Term Debt	$9.800M	$15.90M	$8.100M
YoY Change	20.99%	87.06%	35.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$10.70M	$16.90M	$9.600M
YoY Change	11.46%	83.7%	52.38%
LONG-TERM LIABILITIES
Long-Term Debt	$1.000M	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$1.100M	$900.0K	$300.0K
YoY Change	266.67%	350.0%	50.0%
Total Long-Term Liabilities	$2.100M	$900.0K	$300.0K
YoY Change	600.0%	350.0%	50.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$10.70M	$16.90M	$9.600M
Total Long-Term Liabilities	$2.100M	$900.0K	$300.0K
Total Liabilities	$12.93M	$17.72M	$9.884M
YoY Change	30.8%	86.52%	49.75%
SHAREHOLDERS EQUITY
Retained Earnings	$1.235M	$1.164M
YoY Change
Common Stock	$15.42K	$11.10K	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$54.57M	$39.16M	$28.49M
YoY Change
Total Liabilities & Shareholders Equity	$67.49M	$56.88M	$38.37M
YoY Change	75.91%	57.11%	24.58%

Cashflow Statement

Concept	2017 Q4	2017 Q3	2016 Q4
OPERATING ACTIVITIES
Net Income	$1.690M	$1.318M	$820.0K
YoY Change	106.1%	95.33%	24.24%
Depreciation, Depletion And Amortization	$10.00K	$8.734K
YoY Change
Cash From Operating Activities	$2.070M	$1.110M	$1.280M
YoY Change	61.72%	40.51%	82.86%
INVESTING ACTIVITIES
Capital Expenditures	-$100.0K	-$380.0K	-$720.0K
YoY Change	-86.11%
Acquisitions
YoY Change
Other Investing Activities	-$9.800M	-$4.180M	-$2.730M
YoY Change	258.97%	2686.67%	-22.66%
Cash From Investing Activities	-$9.920M	-$4.560M	-$3.450M
YoY Change	187.54%	3157.14%	-2.27%
FINANCING ACTIVITIES
Cash Dividend Paid		$1.166M
YoY Change
Common Stock Issuance & Retirement, Net	$15.30M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	7.780M	2.600M	450.0K
YoY Change	1628.89%	124.14%	-87.53%
NET CHANGE
Cash From Operating Activities	2.070M	1.110M	1.280M
Cash From Investing Activities	-9.920M	-4.560M	-3.450M
Cash From Financing Activities	7.780M	2.600M	450.0K
Net Change In Cash	-70.00K	-850.0K	-1.720M
YoY Change	-95.93%	-146.96%	-320.51%
FREE CASH FLOW
Cash From Operating Activities	$2.070M	$1.110M	$1.280M
Capital Expenditures	-$100.0K	-$380.0K	-$720.0K
Free Cash Flow	$2.170M	$1.490M	$2.000M
YoY Change	8.5%	88.61%	185.71%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2016Q4	us-gaap	Notes Payable NotesPayable	310000	USD
CY2017Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	800	USD
CY2017Q3	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	446763	USD
CY2016Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	291875	USD
CY2017Q3	us-gaap	Due To Officers Or Stockholders Current And Noncurrent DueToOfficersOrStockholdersCurrentAndNoncurrent	16958	USD
CY2016Q4	us-gaap	Due To Officers Or Stockholders Current And Noncurrent DueToOfficersOrStockholdersCurrentAndNoncurrent	656296	USD
CY2017Q3	us-gaap	Deferred Revenue DeferredRevenue	871197	USD
CY2016Q4	us-gaap	Deferred Revenue DeferredRevenue	290456	USD
CY2017Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	79421	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	24350	USD
CY2017Q3	us-gaap	Liabilities Liabilities	17719551	USD
CY2016Q4	us-gaap	Liabilities Liabilities	9883806	USD
CY2017Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q3	us-gaap	Common Stock Value CommonStockValue	11103	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2017Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	37980133	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	USD
CY2017Q3	us-gaap	Members Equity MembersEquity	0	USD
CY2016Q4	us-gaap	Members Equity MembersEquity	28485615	USD
CY2017Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1164218	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	0	USD
CY2017Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	56875005	USD
CY2016Q4	us-gaap	Interest Receivable InterestReceivable	478928	USD
CY2017Q3	us-gaap	Other Receivables OtherReceivables	168615	USD
CY2016Q4	us-gaap	Other Receivables OtherReceivables	182842	USD
CY2017Q3	us-gaap	Due From Affiliates DueFromAffiliates	360605	USD
CY2016Q4	us-gaap	Due From Affiliates DueFromAffiliates	81911	USD
CY2017Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	38342	USD
CY2016Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	397448	USD
CY2017Q3	us-gaap	Real Estate Investments RealEstateInvestments	1224969	USD
CY2016Q4	us-gaap	Real Estate Investments RealEstateInvestments	1222454	USD
CY2017Q3	sach	Preoffering Costs PreofferingCosts	72427	USD
CY2016Q4	sach	Preoffering Costs PreofferingCosts	625890	USD
CY2017Q3	us-gaap	Interest Receivable InterestReceivable	633806	USD
CY2016Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	0	USD
CY2017Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	508553	USD
CY2017Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	52693657	USD
	dei	Entity Registrant Name EntityRegistrantName	Sachem Capital Corp.
	dei	Entity Central Index Key EntityCentralIndexKey	0001682220
CY2016Q4	us-gaap	Cash Cash	1561863	USD
CY2017Q3	us-gaap	Escrow Deposit EscrowDeposit	46440	USD
CY2016Q4	us-gaap	Escrow Deposit EscrowDeposit	0	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	32521588	USD
	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
	dei	Trading Symbol TradingSymbol	SACH
CY2017Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15415737	shares
CY2017Q3	us-gaap	Cash Cash	1016588	USD
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2017Q3	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	0	USD
CY2016Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1229022	USD
CY2017Q3	us-gaap	Security Deposit SecurityDeposit	0	USD
CY2016Q4	us-gaap	Security Deposit SecurityDeposit	0	USD
CY2017Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	111003	USD
CY2016Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	67475	USD
CY2017Q3	us-gaap	Assets Assets	56875005	USD
CY2016Q4	us-gaap	Assets Assets	38369421	USD
CY2017Q3	us-gaap	Line Of Credit LineOfCredit	15921186	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	8113943	USD
CY2017Q3	us-gaap	Notes Payable NotesPayable	303568	USD
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	38369421	USD
CY2017Q3	sach	Notes Payable And Other Accrued Expenses NotesPayableAndOtherAccruedExpenses	77908	USD
CY2016Q4	sach	Notes Payable And Other Accrued Expenses NotesPayableAndOtherAccruedExpenses	196086	USD
CY2017Q3	us-gaap	Stockholders Equity StockholdersEquity	39155454	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	28485615	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	1317887	USD
CY2016Q3	us-gaap	Net Income Loss NetIncomeLoss	674697	USD
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
CY2016Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2016Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
CY2016Q3	us-gaap	Salaries And Wages SalariesAndWages	79441	USD
CY2017Q3	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	302548	USD
CY2016Q3	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	138992	USD
CY2017Q3	us-gaap	Salaries And Wages SalariesAndWages	0	USD
CY2017Q3	us-gaap	Professional Fees ProfessionalFees	47202	USD
CY2016Q3	us-gaap	Professional Fees ProfessionalFees	20000	USD
CY2017Q3	us-gaap	Depreciation Depreciation	8734	USD
CY2016Q3	us-gaap	Depreciation Depreciation	0	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	35338	USD
CY2016Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	0	USD
CY2017Q3	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	621043	USD
CY2016Q3	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	341345	USD
CY2017Q3	us-gaap	Revenues Revenues	1938930	USD
CY2016Q3	us-gaap	Revenues Revenues	1016042	USD
CY2017Q3	us-gaap	Other Income OtherIncome	80196	USD
CY2016Q3	us-gaap	Other Income OtherIncome	0	USD
CY2017Q3	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	9637	USD
CY2016Q3	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	2954	USD
CY2017Q3	sach	Processing Fees ProcessingFees	30480	USD
CY2016Q3	sach	Processing Fees ProcessingFees	17100	USD
CY2017Q3	us-gaap	Fees And Commissions Credit And Debit Cards FeesAndCommissionsCreditAndDebitCards	34998	USD
CY2016Q3	us-gaap	Fees And Commissions Credit And Debit Cards FeesAndCommissionsCreditAndDebitCards	0	USD
CY2017Q3	sach	Origination Fees OriginationFees	196811	USD
CY2016Q3	sach	Origination Fees OriginationFees	43477	USD
CY2017Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	1570877	USD
CY2016Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	952511	USD
	us-gaap	Net Income Loss NetIncomeLoss	3171315	USD
	us-gaap	Net Income Loss NetIncomeLoss	2227048	USD
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
	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 Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	589457	USD
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	360684	USD
	us-gaap	Salaries And Wages SalariesAndWages	35847	USD
	us-gaap	Salaries And Wages SalariesAndWages	231958	USD
	us-gaap	Professional Fees ProfessionalFees	179344	USD
	us-gaap	Professional Fees ProfessionalFees	44743	USD
	us-gaap	Depreciation Depreciation	21624	USD
	us-gaap	Depreciation Depreciation	0	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	212676	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	0	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	1574658	USD
	us-gaap	Operating Costs And Expenses OperatingCostsAndExpenses	762685	USD
	us-gaap	Revenues Revenues	4745973	USD
	us-gaap	Revenues Revenues	2989733	USD
	us-gaap	Other Income OtherIncome	205775	USD
	us-gaap	Other Income OtherIncome	0	USD
	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	58865	USD
	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	20008	USD
	sach	Processing Fees ProcessingFees	84855	USD
	sach	Processing Fees ProcessingFees	44085	USD
	us-gaap	Fees And Commissions Credit And Debit Cards FeesAndCommissionsCreditAndDebitCards	100453	USD
	us-gaap	Fees And Commissions Credit And Debit Cards FeesAndCommissionsCreditAndDebitCards	99309	USD
	sach	Origination Fees OriginationFees	464211	USD
	sach	Origination Fees OriginationFees	138620	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	3831636	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	2687711	USD
CY2017Q3	sach	Compensationfees And Taxes CompensationfeesAndTaxes	195673	USD
CY2016Q3	sach	Compensationfees And Taxes CompensationfeesAndTaxes	6215	USD
	sach	Compensationfees And Taxes CompensationfeesAndTaxes	466497	USD
	sach	Compensationfees And Taxes CompensationfeesAndTaxes	28603	USD
CY2017Q3	us-gaap	Exchange Fees ExchangeFees	31548	USD
CY2016Q3	us-gaap	Exchange Fees ExchangeFees	0	USD
	us-gaap	Exchange Fees ExchangeFees	69213	USD
CY2017Q3	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	15931	USD
CY2016Q3	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	178	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
CY2017Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
CY2016Q3	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	96697	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	0	USD
	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	154877	USD
	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	199277	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-14227	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	81551	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	38342	USD
	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	0	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	55071	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-14741	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-118183	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	0	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	580741	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-1162	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-401617	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	189051	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2769698	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2416099	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	424023	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	562950	USD
	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	132729	USD
	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	0	USD
	us-gaap	Proceeds From Sale Of Investment Projects ProceedsFromSaleOfInvestmentProjects	1750	USD
	us-gaap	Proceeds From Sale Of Investment Projects ProceedsFromSaleOfInvestmentProjects	0	USD
	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	33792878	USD
	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	14335922	USD
	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	14849831	USD
	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	10921370	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19014308	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-3488532	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-656296	USD
	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	276743	USD
	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	154888	USD
	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	76226	USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	57000	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	43677	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	36116	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	179	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	0	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	278694	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	0	USD
	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	16957	USD
	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	0	USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	46440	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	25341633	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	5425000	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	17534390	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	2900000	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	13000000	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
	sach	Preoffering Costs Incurred PreofferingCostsIncurred	1486798	USD
	sach	Preoffering Costs Incurred PreofferingCostsIncurred	197999	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	87202	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	65050	USD
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	653646	USD
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	3754069	USD
	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	2460125	USD
	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	3500892	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	15699335	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2515128	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-545275	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	1442695	USD
CY2015Q4	us-gaap	Cash Cash	1834082	USD
CY2016Q3	us-gaap	Cash Cash	3276777	USD
	us-gaap	Interest Paid Net InterestPaidNet	545782	USD
	us-gaap	Interest Paid Net InterestPaidNet	339309	USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	6432	USD
	us-gaap	Payments For Mortgage Deposits PaymentsForMortgageDeposits	0	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	1720997	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	0	USD
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237	shares
CY2017Q3	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2017Q3	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18	pure
CY2016Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	74954	USD
CY2017Q3	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	27495413	USD
CY2017Q3	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	7147929	USD
CY2017Q3	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	10044342	USD
CY2017Q3	us-gaap	Rental Properties RentalProperties	1224969	USD
CY2017Q3	us-gaap	Other Commitment OtherCommitment	3095917	USD
CY2017Q3	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q3	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11103237	shares
CY2017Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	11103237	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11103237	shares
CY2017Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	11103237	shares
	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	-26965236	USD
	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	2460125	USD
	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	653646	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	8933	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10176	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	10645	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	11136	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	11650	USD
CY2017Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	251028	USD
CY2017Q3	us-gaap	Long Term Debt LongTermDebt	303568	USD
	us-gaap	Payments For Rent PaymentsForRent	10500	USD
CY2017Q1	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	92806	USD
	us-gaap	Impairment Of Real Estate ImpairmentOfRealEstate	96697	USD
CY2017Q3	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	8005973	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237	shares
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	107498	USD
	us-gaap	Liabilities Assumed1 LiabilitiesAssumed1	85972	USD
	us-gaap	Transfer Of Other Real Estate TransferOfOtherRealEstate	496950	USD
	sach	Interest Receivable Transferred To Other Real Estate InterestReceivableTransferredToOtherRealEstate	35510	USD
	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; size: 8.5in 11.0in" 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; size: 8.5in 11.0in" 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="left"><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; size: 8.5in 11.0in" 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; size: 8.5in 11.0in" 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; 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> <font style="FONT-FAMILY: 'Times New Roman',serif; FONT-SIZE: 10pt"></font> <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="left"><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="left"><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="left"><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>
CY2017Q3	us-gaap	Payments For Rent PaymentsForRent	3000	USD
	us-gaap	Exchange Fees ExchangeFees	0	USD
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	530181	USD
	us-gaap	Proceeds From Sale Of Other Real Estate ProceedsFromSaleOfOtherRealEstate	545970	USD

Files In Submission

Name	View Source	Status
0001144204-17-057980-index-headers.html	Edgar Link	pending
0001144204-17-057980-index.html	Edgar Link	pending
0001144204-17-057980.txt	Edgar Link	pending
0001144204-17-057980-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-20170930.xml	Edgar Link	completed
sach-20170930.xsd	Edgar Link	pending
sach-20170930_cal.xml	Edgar Link	unprocessable
sach-20170930_def.xml	Edgar Link	unprocessable
sach-20170930_lab.xml	Edgar Link	unprocessable
sach-20170930_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv478892_10q.htm	Edgar Link	pending
tv478892_ex31-1.htm	Edgar Link	pending
tv478892_ex31-2.htm	Edgar Link	pending
tv478892_ex32-1.htm	Edgar Link	pending
tv478892_ex32-2.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SACH
Sachem Capital Corp. Stock $sach

2017 Q4 Form 10-Q Financial Statement

#000114420417057980 Filed on November 13, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2017 Q4 Form 10-Q Financial Statement

#000114420417057980 Filed on November 13, 2017

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach