$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2018 Q1 Form 10-Q Financial Statement

#000114420418028692 Filed on May 15, 2018

Income Statement

Concept	2018 Q1	2017 Q1
Revenue	$2.717M	$1.289M
YoY Change	110.72%	46.79%
Cost Of Revenue	$260.0K	$220.0K
YoY Change	18.18%	100.0%
Gross Profit	$2.420M	$1.010M
YoY Change	139.6%	31.17%
Gross Profit Margin	89.08%	78.34%
Selling, General & Admin	$480.0K	$170.0K
YoY Change	182.35%	88.89%
% of Gross Profit	19.83%	16.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.634K	$5.156K
YoY Change	48.06%
% of Gross Profit	0.32%	0.51%
Operating Expenses	$440.0K	$150.0K
YoY Change	193.33%	66.67%
Operating Profit	$1.980M	$860.0K
YoY Change	130.23%	26.47%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net	-$40.00K	-$30.00K
YoY Change	33.33%
Pretax Income	$1.970M	$900.0K
YoY Change	118.89%	32.35%
Income Tax
% Of Pretax Income
Net Earnings	$1.973M	$896.8K
YoY Change	119.97%	31.29%
Net Earnings / Revenue	72.61%	69.56%
Basic Earnings Per Share	$0.13	$0.06
Diluted Earnings Per Share	$0.13	$0.06
COMMON SHARES
Basic Shares Outstanding	15.42M	11.10M shares
Diluted Shares Outstanding	15.42M	11.10M shares

Balance Sheet

Concept	2018 Q1	2017 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$600.0K	$1.400M
YoY Change	-57.14%
Cash & Equivalents	$562.5K
Short-Term Investments
Other Short-Term Assets	$0.00	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables	$800.0K	$700.0K
Other Receivables	$400.0K	$100.0K
Total Short-Term Assets	$1.800M	$2.200M
YoY Change	-18.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$496.2K	$1.700M
YoY Change	-70.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$300.0K	$700.0K
YoY Change	-57.14%
Total Long-Term Assets	$71.63M	$42.50M
YoY Change	68.54%
TOTAL ASSETS
Total Short-Term Assets	$1.800M	$2.200M
Total Long-Term Assets	$71.63M	$42.50M
Total Assets	$73.43M	$44.70M
YoY Change	64.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$200.0K	$300.0K
YoY Change	-33.33%
Accrued Expenses	$200.0K	$300.0K
YoY Change	-33.33%
Deferred Revenue
YoY Change
Short-Term Debt	$14.10M	$4.200M
YoY Change	235.71%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$17.00M	$5.500M
YoY Change	209.09%
LONG-TERM LIABILITIES
Long-Term Debt	$300.0K	$200.0K
YoY Change	50.0%
Other Long-Term Liabilities	$1.200M	$400.0K
YoY Change	200.0%
Total Long-Term Liabilities	$1.500M	$600.0K
YoY Change	150.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$17.00M	$5.500M
Total Long-Term Liabilities	$1.500M	$600.0K
Total Liabilities	$18.51M	$6.056M
YoY Change	205.62%
SHAREHOLDERS EQUITY
Retained Earnings		$610.7K
YoY Change
Common Stock	$15.42K	$11.10K
YoY Change	38.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$54.92M	$38.60M
YoY Change
Total Liabilities & Shareholders Equity	$73.40M	$44.66M
YoY Change	64.36%

Cashflow Statement

Concept	2018 Q1	2017 Q1
OPERATING ACTIVITIES
Net Income	$1.973M	$896.8K
YoY Change	119.97%	31.29%
Depreciation, Depletion And Amortization	$7.634K	$5.156K
YoY Change	48.06%
Cash From Operating Activities	$1.303M	$339.5K
YoY Change	283.86%	-51.5%
INVESTING ACTIVITIES
Capital Expenditures	$1.987K	-$120.0K
YoY Change	-101.66%	33.33%
Acquisitions
YoY Change
Other Investing Activities	-$4.310M	-$6.090M
YoY Change	-29.23%	250.0%
Cash From Investing Activities	-$4.325M	-$6.216M
YoY Change	-30.42%	241.52%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	2.630M	$5.670M
YoY Change	-53.62%	1057.18%
NET CHANGE
Cash From Operating Activities	1.303M	$339.5K
Cash From Investing Activities	-4.325M	-$6.216M
Cash From Financing Activities	2.630M	$5.670M
Net Change In Cash	-391.7K	-$206.0K
YoY Change	90.19%	-67.31%
FREE CASH FLOW
Cash From Operating Activities	$1.303M	$339.5K
Capital Expenditures	$1.987K	-$120.0K
Free Cash Flow	$1.301M	$459.5K
YoY Change	183.18%	-41.84%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2018Q1	us-gaap	Interest Receivable InterestReceivable	779516	USD
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	645493	USD
CY2018Q1	us-gaap	Other Receivables OtherReceivables	59158	USD
CY2017Q4	us-gaap	Other Receivables OtherReceivables	234570	USD
CY2018Q1	us-gaap	Due From Affiliates DueFromAffiliates	370241	USD
CY2017Q4	us-gaap	Due From Affiliates DueFromAffiliates	451795	USD
CY2018Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	32773	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4520	USD
CY2018Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	496172	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	501819	USD
CY2018Q1	us-gaap	Real Estate Investments RealEstateInvestments	1235409	USD
CY2017Q4	us-gaap	Real Estate Investments RealEstateInvestments	1224409	USD
CY2018Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	136002	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	95560	USD
CY2018Q1	us-gaap	Assets Assets	73429609	USD
CY2017Q4	us-gaap	Assets Assets	67494537	USD
CY2018Q1	us-gaap	Line Of Credit LineOfCredit	14147465	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	9841613	USD
CY2018Q1	us-gaap	Notes Payable NotesPayable	298569	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	301101	USD
CY2018Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2018Q1	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	733287	USD
CY2017Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	519764	USD
CY2018Q1	us-gaap	Deferred Revenue DeferredRevenue	1168622	USD
CY2017Q4	us-gaap	Deferred Revenue DeferredRevenue	1108400	USD
CY2018Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	0	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	40592	USD
CY2018Q1	us-gaap	Liabilities Liabilities	18509331	USD
CY2017Q4	us-gaap	Liabilities Liabilities	12928256	USD
CY2018Q1	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q1	us-gaap	Common Stock Value CommonStockValue	15416	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	15416	USD
CY2018Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53315772	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53315772	USD
CY2018Q1	us-gaap	Stockholders Equity StockholdersEquity	54920278	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	54566281	USD
CY2018Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	158838	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	390758	USD
CY2018Q1	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	969457	USD
CY2017Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1104022	USD
CY2018Q1	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	0	USD
CY2017Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	723478	USD
CY2018Q1	us-gaap	Taxes And Licenses TaxesAndLicenses	34480	USD
CY2017Q1	us-gaap	Taxes And Licenses TaxesAndLicenses	105839	USD
CY2018Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	245575	USD
CY2017Q1	us-gaap	Labor And Related Expense LaborAndRelatedExpense	0	USD
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2017Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.06
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2017Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.06
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15415737	shares
CY2017Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15415737	shares
CY2017Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
CY2018Q1	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	134023	USD
CY2017Q1	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	19495	USD
CY2018Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-256966	USD
CY2017Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-4611	USD
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-40771	USD
CY2017Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-11315	USD
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-231740	USD
CY2017Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	314870	USD
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	60222	USD
CY2017Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	112310	USD
CY2018Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-669504	USD
CY2017Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-557297	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1303146	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	339481	USD
CY2018Q1	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	0	USD
CY2017Q1	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	-630728	USD
CY2018Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	213522	USD
CY2017Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	307543	USD
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	14558	USD
CY2017Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	14559	USD
CY2018Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0	USD
CY2017Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	26478	USD
CY2017Q1	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	32260	USD
CY2018Q1	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	28253	USD
CY2018Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0	USD
CY2017Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	90123	USD
CY2018Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	11000	USD
CY2017Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	18482	USD
CY2018Q1	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	1987	USD
CY2017Q1	us-gaap	Payments To Acquire Furniture And Fixtures PaymentsToAcquireFurnitureAndFixtures	102327	USD
CY2018Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	0	USD
CY2017Q1	us-gaap	Payments To Acquire Investments PaymentsToAcquireInvestments	32000	USD
CY2018Q1	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	10345784	USD
CY2017Q1	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	10091528	USD
CY2018Q1	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	6034243	USD
CY2017Q1	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	3938601	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4324528	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-6215613	USD
CY2018Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	55000	USD
CY2017Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	13650	USD
CY2018Q1	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	USD
CY2017Q1	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	653646	USD
CY2018Q1	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	0	USD
CY2017Q1	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	2460125	USD
CY2018Q1	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-391715	USD
CY2017Q1	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-205958	USD
CY2016Q4	us-gaap	Cash Cash	1561863	USD
CY2017Q1	us-gaap	Cash Cash	1355905	USD
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	208398	USD
CY2017Q1	us-gaap	Interest Paid Net InterestPaidNet	101711	USD
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13288435	USD
CY2017Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	7595766	USD
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	8982583	USD
CY2017Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	11559609	USD
CY2018Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	1618653	USD
CY2017Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	0	USD
CY2018Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
CY2017Q1	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	13000000	USD
CY2018Q1	sach	Preoffering Costs Incurred PreofferingCostsIncurred	0	USD
CY2017Q1	sach	Preoffering Costs Incurred PreofferingCostsIncurred	1544197	USD
CY2017Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	5670174	USD
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2629667	USD
CY2018Q1	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	2532	USD
CY2017Q1	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	1657	USD
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237	shares
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 Shares New Issues StockIssuedDuringPeriodSharesNewIssues	562500	shares
CY2017Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	17250000	USD
CY2017Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15300000	USD
CY2018Q1	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
CY2018Q1	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18	pure
CY2016Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	74954	USD
CY2018Q1	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	69582500	USD
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Carrying Amount Of Mortgages MortgageLoansOnRealEstateCarryingAmountOfMortgages	63270959	USD
CY2018Q1	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	21856270	USD
CY2018Q1	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	11787324	USD
CY2018Q1	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	6073518	USD
CY2018Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1235409	USD
CY2018Q1	us-gaap	Loans Receivable Net LoansReceivableNet	175330	USD
CY2017Q4	us-gaap	Loans Receivable Net LoansReceivableNet	111189	USD
CY2018Q1	us-gaap	Business Exit Costs1 BusinessExitCosts1	200000	USD
CY2018Q1	sach	Minimum Ownership Required For Guarantor Shares MinimumOwnershipRequiredForGuarantorShares	500000	shares
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10645	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	11136	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	11650	USD
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	254962	USD
CY2018Q1	us-gaap	Long Term Debt LongTermDebt	298569	USD
CY2017Q1	us-gaap	Payments For Rent PaymentsForRent	1500	USD
CY2017Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	12223	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1235093	USD
CY2018Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2018Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2018Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737	shares
CY2018Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737	shares
CY2018Q1	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	29865388	USD
CY2017Q1	sach	Loan Servicing Feespercentage LoanServicingFeespercentage	0.010	pure
CY2018Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	10176	USD
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237	shares
CY2018Q1	sach	Mortgage Funding Payable MortgageFundingPayable	2000000	USD
CY2017Q4	sach	Mortgage Funding Payable MortgageFundingPayable	0	USD
CY2018Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	19000	USD
CY2017Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0	USD
CY2018Q1	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	64141	USD
CY2017Q1	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	596070	USD
CY2017Q1	us-gaap	Notes Issued1 NotesIssued1	169338	USD
CY2018Q1	sach	Amortization Of Stock Option Discount AmortizationOfStockOptionDiscount	1630	USD
CY2017Q1	sach	Amortization Of Stock Option Discount AmortizationOfStockOptionDiscount	1630	USD
CY2018Q1	us-gaap	Payments For Rent PaymentsForRent	4500	USD
CY2018Q1	sach	Income On Borrower Charges IncomeOnBorrowerCharges	60245	USD
CY2017Q1	sach	Income On Borrower Charges IncomeOnBorrowerCharges		USD
CY2018Q1	sach	Income On Lender Fees IncomeOnLenderFees	138495	USD
CY2017Q1	sach	Income On Lender Fees IncomeOnLenderFees	13960	USD
CY2018Q1	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	34900	USD
CY2017Q1	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	7000	USD
CY2018Q1	sach	Income On Modification Fees IncomeOnModificationFees	45025	USD
CY2017Q1	sach	Income On Modification Fees IncomeOnModificationFees		USD
CY2018Q1	sach	Income And Other IncomeAndOther	16082	USD
CY2017Q1	sach	Income And Other IncomeAndOther	25187	USD
CY2018Q1	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-TOP: 0pt; TEXT-INDENT: 0.25in; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt; MARGIN-LEFT: 0.25in" align="left"></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> <i>Use of Estimates</i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;TEXT-INDENT: 0.25in; MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif">  </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0in; TEXT-INDENT: 0.25in; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.25in" align="left">The preparation of financial statements in conformity with GAAP 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>
CY2018Q1	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	-723478	USD
CY2017Q1	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	0	USD
CY2018Q1	sach	Proceeds From Mortgage Funding Payable ProceedsFromMortgageFundingPayable	2000000	USD
CY2018Q1	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;MARGIN: 0pt 0px; FONT: 10pt Times New Roman, Times, Serif"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN: 0pt 0px 0pt 0.25in; FONT: 10pt Times New Roman, Times, Serif"> <i>Concentrations of Credit Risk</i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt; font-size-adjust: none; font-stretch: normal" align="left"><i><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"> </font></i></div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0pt; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0pt; font-size-adjust: none; font-stretch: normal" align="left"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0in; TEXT-INDENT: 0.25in; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.25in; font-size-adjust: none; font-stretch: normal" align="left">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>.</div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0in; TEXT-INDENT: 0.25in; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.25in; font-size-adjust: none; font-stretch: normal" align="left"> </div> <div style="CLEAR:both; FONT-FAMILY:Times New Roman;FONT-SIZE: 10pt;MARGIN-TOP: 0in; TEXT-INDENT: 0.25in; FONT: 10pt Times New Roman, Times, Serif; MARGIN-BOTTOM: 0in; MARGIN-LEFT: 0.25in; font-size-adjust: none; font-stretch: normal" align="left">Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 3 entitled “Mortgages Receivable.”<font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font><font style="FONT-FAMILY: 'Times New Roman','serif'; FONT-SIZE: 10pt"></font></div> </div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q1	sach	Proceeds From Mortgages Funding Payable ProceedsFromMortgagesFundingPayable	2000000	USD

Files In Submission

Name	View Source	Status
0001144204-18-028692-index-headers.html	Edgar Link	pending
0001144204-18-028692-index.html	Edgar Link	pending
0001144204-18-028692.txt	Edgar Link	pending
0001144204-18-028692-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
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R28.htm	Edgar Link	pending
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R3.htm	Edgar Link	pending
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R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
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R38.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-20180331.xml	Edgar Link	completed
sach-20180331.xsd	Edgar Link	pending
sach-20180331_cal.xml	Edgar Link	unprocessable
sach-20180331_def.xml	Edgar Link	unprocessable
sach-20180331_lab.xml	Edgar Link	unprocessable
sach-20180331_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv493844_10q.htm	Edgar Link	pending
tv493844_ex10-5.htm	Edgar Link	pending
tv493844_ex10-5x1.htm	Edgar Link	pending
tv493844_ex31-1.htm	Edgar Link	pending
tv493844_ex31-2.htm	Edgar Link	pending
tv493844_ex32-1.htm	Edgar Link	pending
tv493844_ex32-2.htm	Edgar Link	pending

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$SACH
Sachem Capital Corp. Stock $sach

2018 Q1 Form 10-Q Financial Statement

#000114420418028692 Filed on May 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2018 Q1 Form 10-Q Financial Statement

#000114420418028692 Filed on May 15, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach