$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2016 Q4 Form 10-K Financial Statement

#000114420418018601 Filed on April 02, 2018

Income Statement

Concept	2016 Q4	2016
Revenue	$1.080M	$4.065M
YoY Change	22.73%	45.87%
Cost Of Revenue	$150.0K	$539.8K
YoY Change	87.5%	138.02%
Gross Profit	$920.0K	$3.525M
YoY Change	15.0%	37.71%
Gross Profit Margin	85.19%	86.72%
Selling, General & Admin	$160.0K	$437.7K
YoY Change	60.0%	105.83%
% of Gross Profit	17.39%	12.42%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses	$110.0K	$386.7K
YoY Change	-15.38%	56.2%
Operating Profit	$810.0K	$3.139M
YoY Change	20.9%	35.73%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$70.00K
YoY Change
Pretax Income	$820.0K	$3.051M
YoY Change	24.24%	32.24%
Income Tax
% Of Pretax Income
Net Earnings	$820.0K	$3.051M
YoY Change	24.24%	32.24%
Net Earnings / Revenue	75.93%	75.04%
Basic Earnings Per Share		$0.00
Diluted Earnings Per Share	$83.59K	$0.00
COMMON SHARES
Basic Shares Outstanding		0.000 shares
Diluted Shares Outstanding		0.000 shares

Balance Sheet

Concept	2016 Q4	2016
SHORT-TERM ASSETS
Cash & Short-Term Investments	$1.600M	$1.562M
YoY Change	-11.11%	-14.84%
Cash & Equivalents	$1.562M
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables	$700.0K	$661.8K
Other Receivables	$0.00	$81.91K
Total Short-Term Assets	$2.300M	$2.306M
YoY Change	9.52%	5.88%
LONG-TERM ASSETS
Property, Plant & Equipment	$397.4K	$1.620M
YoY Change	-60.26%	61.82%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$100.0K	$67.48K
YoY Change		73.07%
Total Long-Term Assets	$36.07M	$36.06M
YoY Change	25.68%	26.02%
TOTAL ASSETS
Total Short-Term Assets	$2.300M	$2.306M
Total Long-Term Assets	$36.07M	$36.06M
Total Assets	$38.37M	$38.37M
YoY Change	24.58%	24.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$200.0K	$196.1K
YoY Change
Accrued Expenses	$200.0K	$24.35K
YoY Change		-35.63%
Deferred Revenue
YoY Change
Short-Term Debt	$8.100M	$8.114M
YoY Change	35.0%	35.23%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$9.600M	$9.593M
YoY Change	52.38%	50.46%
LONG-TERM LIABILITIES
Long-Term Debt	$0.00	$0.00
YoY Change
Other Long-Term Liabilities	$300.0K	$290.5K
YoY Change	50.0%	52.86%
Total Long-Term Liabilities	$300.0K	$290.5K
YoY Change	50.0%	52.86%
TOTAL LIABILITIES
Total Short-Term Liabilities	$9.600M	$9.593M
Total Long-Term Liabilities	$300.0K	$290.5K
Total Liabilities	$9.884M	$9.884M
YoY Change	49.75%	50.53%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock	$0.00
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$28.49M	$28.49M
YoY Change
Total Liabilities & Shareholders Equity	$38.37M	$38.37M
YoY Change	24.58%	24.59%

Cashflow Statement

Concept	2016 Q4	2016
OPERATING ACTIVITIES
Net Income	$820.0K	$3.051M
YoY Change	24.24%	32.24%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities	$1.280M	$3.697M
YoY Change	82.86%	55.59%
INVESTING ACTIVITIES
Capital Expenditures	-$720.0K	$0.00
YoY Change
Acquisitions
YoY Change
Other Investing Activities	-$2.730M	-$5.658M
YoY Change	-22.66%	-57.06%
Cash From Investing Activities	-$3.450M	-$6.942M
YoY Change	-2.27%	-47.33%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	450.0K	$2.972M
YoY Change	-87.53%	-56.04%
NET CHANGE
Cash From Operating Activities	1.280M	$3.697M
Cash From Investing Activities	-3.450M	-$6.942M
Cash From Financing Activities	450.0K	$2.972M
Net Change In Cash	-1.720M	-$272.2K
YoY Change	-320.51%	-93.26%
FREE CASH FLOW
Cash From Operating Activities	$1.280M	$3.697M
Capital Expenditures	-$720.0K	$0.00
Free Cash Flow	$2.000M	$3.697M
YoY Change	185.71%	55.59%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2017	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2017	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2017	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2017	dei	Entity Filer Category EntityFilerCategory	Smaller Reporting Company
CY2017Q2	dei	Entity Public Float EntityPublicFloat	35987000	USD
CY2017Q4	us-gaap	Cash Cash	954223	USD
CY2016Q4	us-gaap	Cash Cash	1561863	USD
CY2017Q4	us-gaap	Escrow Deposit EscrowDeposit	111189	USD
CY2016Q4	us-gaap	Escrow Deposit EscrowDeposit	0	USD
CY2017Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	62166937	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	32521588	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	95560	USD
CY2016Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	67475	USD
CY2017Q4	us-gaap	Assets Assets	67494537	USD
CY2016Q4	us-gaap	Assets Assets	38369421	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	9841613	USD
CY2016Q4	us-gaap	Line Of Credit LineOfCredit	8113943	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	301101	USD
CY2016Q4	us-gaap	Notes Payable NotesPayable	310000	USD
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2016Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	800	USD
CY2017Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	519764	USD
CY2016Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	291875	USD
CY2016	us-gaap	Net Income Loss NetIncomeLoss	3050627	USD
CY2017	us-gaap	Costs And Expenses CostsAndExpenses	2136029	USD
CY2016	us-gaap	Costs And Expenses CostsAndExpenses	1082868	USD
CY2017	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	179	USD
CY2016	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0	USD
CY2017Q4	us-gaap	Deferred Revenue DeferredRevenue	1108400	USD
CY2016Q4	us-gaap	Deferred Revenue DeferredRevenue	290456	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	40592	USD
CY2016Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	24350	USD
CY2017Q4	us-gaap	Liabilities Liabilities	12928256	USD
CY2016Q4	us-gaap	Liabilities Liabilities	9883806	USD
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2016Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	15416	USD
CY2016Q4	us-gaap	Common Stock Value CommonStockValue	0	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53315772	USD
CY2016Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	USD
CY2017Q4	us-gaap	Members Equity MembersEquity	0	USD
CY2016Q4	us-gaap	Members Equity MembersEquity	28485615	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1235093	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	67494537	USD
CY2016Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	38369421	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	54566281	USD
CY2016Q4	us-gaap	Stockholders Equity StockholdersEquity	28485615	USD
CY2017	us-gaap	Net Income Loss NetIncomeLoss	4860848	USD
CY2017	sach	Loss On Sale Of Real Estate Investement LossOnSaleOfRealEstateInvestement	0	USD
CY2016	sach	Loss On Sale Of Real Estate Investement LossOnSaleOfRealEstateInvestement	87967	USD
CY2017	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	166565	USD
CY2016	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	213438	USD
CY2017	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	51728	USD
CY2016	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	72374	USD
CY2017	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	16242	USD
CY2016	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-13479	USD
CY2017	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	194674	USD
CY2016	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	196086	USD
CY2017	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	817944	USD
CY2016	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	25484	USD
CY2017	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-16136	USD
CY2016	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	646558	USD
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4844712	USD
CY2016	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3697185	USD
CY2017	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	-656296	USD
CY2016	us-gaap	Increase Decrease In Due To Affiliates IncreaseDecreaseInDueToAffiliates	421592	USD
CY2017	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-141995	USD
CY2016	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	167044	USD
CY2017	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	59118	USD
CY2016	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	47676	USD
CY2017	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	179	USD
CY2016	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	-87967	USD
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237	shares
CY2017Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2017Q4	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	12555659	USD
CY2017Q4	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	11985837	USD
CY2017Q4	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	2395000	USD
CY2016Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	74954	USD
CY2017	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	53468949	USD
CY2017	us-gaap	Taxes And Licenses TaxesAndLicenses	155343	USD
CY2016	us-gaap	Taxes And Licenses TaxesAndLicenses	0	USD
CY2017Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	3750000	shares
CY2017Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	4.00
CY2017Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	15000000	USD
CY2017Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	13200000	USD
CY2017Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	562500	shares
CY2017Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	4.00
CY2017Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	2250000	USD
CY2017Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2100000	USD
CY2016	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	21580103	USD
CY2016	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	14861360	USD
CY2017	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18	pure
CY2017Q4	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	36334463	USD
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1224409	USD
CY2016Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1222454	USD
CY2017Q4	us-gaap	Rental Properties RentalProperties	1224409	USD
CY2017Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0	USD
CY2016Q4	us-gaap	Rental Properties RentalProperties	789126	USD
CY2016Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	433328	USD
CY2017	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	111189	USD
CY2016	us-gaap	Increase Decrease In Deposit Other Assets IncreaseDecreaseInDepositOtherAssets	0	USD
CY2016	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	0	USD
CY2017	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	4520	USD
CY2017Q4	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
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2016Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2016Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2016Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2016Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737	shares
CY2016Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737	shares
CY2016Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737	shares
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	390758	USD
CY2016Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	196086	USD
CY2017Q4	us-gaap	Loans Receivable Net LoansReceivableNet	182466	USD
CY2016Q4	us-gaap	Loans Receivable Net LoansReceivableNet	182842	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	10176	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10645	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	11136	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	11650	USD
CY2017Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	257494	USD
CY2017Q4	us-gaap	Long Term Debt LongTermDebt	301101	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	166516	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	135956	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	89039	USD
CY2017Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	391511	USD
CY2017	sach	Minimum Ownership Required For Guarantor Shares MinimumOwnershipRequiredForGuarantorShares	500000	shares
CY2017	us-gaap	Receivable With Imputed Interest Effective Yield Interest Rate ReceivableWithImputedInterestEffectiveYieldInterestRate	0.12	pure
CY2017	us-gaap	Payments For Rent PaymentsForRent	18000	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237	shares
CY2017	us-gaap	Use Of Estimates UseOfEstimates	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <i>Use of Estimates</i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <i> </i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 20pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> 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.</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif "> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 20pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <i>Concentrations of Credit Risk</i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> <i> </i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 20pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> 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 financial institution. Accounts at the financial institution are insured by the Federal Deposit Insurance Corporation up to $250,000.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 20pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 20pt; MARGIN: 0px; FONT: 10pt Times New Roman, Times, Serif; font-size-adjust: none; font-stretch: normal"> Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 3 entitled “Mortgages Receivable.”</div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1104022	USD
CY2016Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1229022	USD
CY2017Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	723478	USD
CY2016Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	0	USD
CY2016Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit		USD
CY2017	us-gaap	Labor And Related Expense LaborAndRelatedExpense	698227	USD
CY2016	us-gaap	Labor And Related Expense LaborAndRelatedExpense	34662	USD
CY2015Q4	us-gaap	Members Equity MembersEquity	24229517	USD
CY2016	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	5084730	USD
CY2016	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	3879259	USD
CY2016	us-gaap	Profit Loss ProfitLoss	3050627	USD
CY2017	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	12223	USD
CY2017	us-gaap	Business Exit Costs1 BusinessExitCosts1	200000	USD
CY2017	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	74000	USD
CY2016Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	74954	USD
CY2017	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	653646	USD
CY2017	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	2460125	USD
CY2017	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	-26965236	USD
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	63270959	USD
CY2016Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	33750610	USD
CY2017	dei	Trading Symbol TradingSymbol	SACH
CY2018Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15417737	shares
CY2016	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	88000	USD
CY2017Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	0	USD
CY2016Q4	us-gaap	Due To Affiliate Current And Noncurrent DueToAffiliateCurrentAndNoncurrent	656296	USD
CY2017	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.38
CY2016	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0
CY2017	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.38
CY2016	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0
CY2017	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11956246	shares
CY2016	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	0	shares
CY2017	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11956246	shares
CY2016	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	0	shares
CY2017Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	1060000	pure
CY2017	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	87202	USD
CY2016	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	76159	USD
CY2017	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	653646	USD
CY2016	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	5084732	USD
CY2017	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	2460125	USD
CY2016	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	3879259	USD
CY2017	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-607640	USD
CY2016	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-272219	USD
CY2015Q4	us-gaap	Cash Cash	1834082	USD
CY2017	us-gaap	Interest Paid Net InterestPaidNet	587442	USD
CY2016	us-gaap	Interest Paid Net InterestPaidNet	470821	USD
CY2017	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	530181	USD
CY2016	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	1059629	USD
CY2017	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	531961	USD
CY2016	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	886009	USD
CY2017	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	39923	USD
CY2016	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	397448	USD
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	92806	USD
CY2016	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	0	USD
CY2017	us-gaap	Proceeds From Sale Of Investment Projects ProceedsFromSaleOfInvestmentProjects	1750	USD
CY2016	us-gaap	Proceeds From Sale Of Investment Projects ProceedsFromSaleOfInvestmentProjects	800	USD
CY2017	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	23948601	USD
CY2017	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	2000000	USD
CY2016	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	0	USD
CY2017	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	44177225	USD
CY2016	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	7475000	USD
CY2017	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	42449555	USD
CY2016	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	5361057	USD
CY2017	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	3339655	USD
CY2016	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	0	USD
CY2017	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	30250000	USD
CY2016	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
CY2017	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	3258158	USD
CY2016	us-gaap	Payments Of Stock Issuance Costs PaymentsOfStockIssuanceCosts	0	USD
CY2017	sach	Preoffering Costs Incurred PreofferingCostsIncurred	0	USD
CY2016	sach	Preoffering Costs Incurred PreofferingCostsIncurred	580890	USD
CY2017	us-gaap	Adjustments To Additional Paid In Capital Stock Issued Issuance Costs AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts	625890	USD
CY2017	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	2723478	USD
CY2016	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	0	USD
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28929629	USD
CY2016	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6941771	USD
CY2016	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2972367	USD
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	23477277	USD
CY2017	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	8899	USD
CY2016	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	-310000	USD

Files In Submission

Name	View Source	Status
0001144204-18-018601-index-headers.html	Edgar Link	pending
0001144204-18-018601-index.html	Edgar Link	pending
0001144204-18-018601.txt	Edgar Link	pending
0001144204-18-018601-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
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R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
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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
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R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
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R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.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-20171231.xml	Edgar Link	completed
sach-20171231.xsd	Edgar Link	pending
sach-20171231_cal.xml	Edgar Link	unprocessable
sach-20171231_def.xml	Edgar Link	unprocessable
sach-20171231_lab.xml	Edgar Link	unprocessable
sach-20171231_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv489455-10k.htm	Edgar Link	pending
tv489455_ex31x1.htm	Edgar Link	pending
tv489455_ex31x2.htm	Edgar Link	pending
tv489455_ex32x1.htm	Edgar Link	pending
tv489455_ex32x2.htm	Edgar Link	pending

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$SACH
Sachem Capital Corp. Stock $sach

2016 Q4 Form 10-K Financial Statement

#000114420418018601 Filed on April 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2016 Q4 Form 10-K Financial Statement

#000114420418018601 Filed on April 02, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach