2018 Q2 Form 10-Q Financial Statement
#000114420418044757 Filed on August 14, 2018
Income Statement
| Concept | 2018 Q2 | 2017 Q2 |
|---|---|---|
| Revenue | $3.042M | $1.560M |
| YoY Change | 95.01% | 42.42% |
| Cost Of Revenue | $420.0K | $370.0K |
| YoY Change | 13.51% | 164.29% |
| Gross Profit | $2.580M | $1.160M |
| YoY Change | 122.41% | 20.83% |
| Gross Profit Margin | 84.81% | 74.36% |
| Selling, General & Admin | $410.0K | $180.0K |
| YoY Change | 127.78% | 100.0% |
| % of Gross Profit | 15.89% | 15.52% |
| Research & Development | ||
| YoY Change | ||
| % of Gross Profit | ||
| Depreciation & Amortization | $5.834K | $7.734K |
| YoY Change | -24.57% | |
| % of Gross Profit | 0.23% | 0.67% |
| Operating Expenses | $390.0K | $170.0K |
| YoY Change | 129.41% | 112.5% |
| Operating Profit | $2.190M | $990.0K |
| YoY Change | 121.21% | 12.5% |
| Interest Expense | ||
| YoY Change | ||
| % of Operating Profit | ||
| Other Income/Expense, Net | -$30.00K | -$20.00K |
| YoY Change | 50.0% | |
| Pretax Income | $2.200M | $960.0K |
| YoY Change | 129.17% | 10.34% |
| Income Tax | ||
| % Of Pretax Income | ||
| Net Earnings | $2.210M | $956.6K |
| YoY Change | 131.03% | 10.05% |
| Net Earnings / Revenue | 72.65% | 61.32% |
| Basic Earnings Per Share | $0.14 | $0.09 |
| Diluted Earnings Per Share | $0.14 | $0.09 |
| COMMON SHARES | ||
| Basic Shares Outstanding | 15.42M shares | 11.10M shares |
| Diluted Shares Outstanding | 15.42M shares | 11.10M shares |
Balance Sheet
| Concept | 2018 Q2 | 2017 Q2 |
|---|---|---|
| SHORT-TERM ASSETS | ||
| Cash & Short-Term Investments | $2.200M | $1.900M |
| YoY Change | 15.79% | 26.67% |
| Cash & Equivalents | ||
| Short-Term Investments | ||
| Other Short-Term Assets | $0.00 | $100.0K |
| YoY Change | -100.0% | |
| Inventory | ||
| Prepaid Expenses | ||
| Receivables | $1.200M | $700.0K |
| Other Receivables | $200.0K | $200.0K |
| Total Short-Term Assets | $3.600M | $2.900M |
| YoY Change | 24.14% | 38.1% |
| LONG-TERM ASSETS | ||
| Property, Plant & Equipment | $482.1K | $500.7K |
| YoY Change | -3.7% | -58.28% |
| Goodwill | ||
| YoY Change | ||
| Intangibles | ||
| YoY Change | ||
| Long-Term Investments | ||
| YoY Change | ||
| Other Assets | $600.0K | $400.0K |
| YoY Change | 50.0% | 33.33% |
| Total Long-Term Assets | $76.29M | $50.09M |
| YoY Change | 52.31% | 56.53% |
| TOTAL ASSETS | ||
| Total Short-Term Assets | $3.600M | $2.900M |
| Total Long-Term Assets | $76.29M | $50.09M |
| Total Assets | $79.89M | $52.99M |
| YoY Change | 50.77% | 55.39% |
| SHORT-TERM LIABILITIES | ||
| YoY Change | ||
| Accounts Payable | $100.0K | $200.0K |
| YoY Change | -50.0% | |
| Accrued Expenses | $200.0K | $300.0K |
| YoY Change | -33.33% | |
| Deferred Revenue | ||
| YoY Change | ||
| Short-Term Debt | $22.10M | $12.20M |
| YoY Change | 81.15% | 67.12% |
| Long-Term Debt Due | ||
| YoY Change | ||
| Total Short-Term Liabilities | $22.80M | $13.40M |
| YoY Change | 70.15% | 71.79% |
| LONG-TERM LIABILITIES | ||
| Long-Term Debt | $300.0K | $0.00 |
| YoY Change | ||
| Other Long-Term Liabilities | $1.200M | $700.0K |
| YoY Change | 71.43% | 250.0% |
| Total Long-Term Liabilities | $1.500M | $700.0K |
| YoY Change | 114.29% | 250.0% |
| TOTAL LIABILITIES | ||
| Total Short-Term Liabilities | $22.80M | $13.40M |
| Total Long-Term Liabilities | $1.500M | $700.0K |
| Total Liabilities | $24.38M | $13.98M |
| YoY Change | 74.33% | 74.81% |
| SHAREHOLDERS EQUITY | ||
| Retained Earnings | $2.181M | $1.012M |
| YoY Change | 115.44% | |
| 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 | $55.51M | $39.00M |
| YoY Change | ||
| Total Liabilities & Shareholders Equity | $79.89M | $52.99M |
| YoY Change | 50.77% | 55.39% |
Cashflow Statement
| Concept | 2018 Q2 | 2017 Q2 |
|---|---|---|
| OPERATING ACTIVITIES | ||
| Net Income | $2.210M | $956.6K |
| YoY Change | 131.03% | 10.05% |
| Depreciation, Depletion And Amortization | $5.834K | $7.734K |
| YoY Change | -24.57% | |
| Cash From Operating Activities | $1.630M | $1.320M |
| YoY Change | 23.48% | 41.94% |
| INVESTING ACTIVITIES | ||
| Capital Expenditures | -$50.00K | -$60.00K |
| YoY Change | -16.67% | -87.23% |
| Acquisitions | ||
| YoY Change | ||
| Other Investing Activities | -$5.770M | -$8.190M |
| YoY Change | -29.55% | 687.5% |
| Cash From Investing Activities | -$5.820M | -$8.230M |
| YoY Change | -29.28% | 437.91% |
| FINANCING ACTIVITIES | ||
| Cash Dividend Paid | ||
| YoY Change | ||
| Common Stock Issuance & Retirement, Net | ||
| YoY Change | ||
| Debt Paid & Issued, Net | ||
| YoY Change | ||
| Cash From Financing Activities | 5.850M | 7.430M |
| YoY Change | -21.27% | 754.02% |
| NET CHANGE | ||
| Cash From Operating Activities | 1.630M | 1.320M |
| Cash From Investing Activities | -5.820M | -8.230M |
| Cash From Financing Activities | 5.850M | 7.430M |
| Net Change In Cash | 1.660M | 520.0K |
| YoY Change | 219.23% | 92.59% |
| FREE CASH FLOW | ||
| Cash From Operating Activities | $1.630M | $1.320M |
| Capital Expenditures | -$50.00K | -$60.00K |
| Free Cash Flow | $1.680M | $1.380M |
| YoY Change | 21.74% | -1.43% |
Facts In Submission
| Frame | Concept Type | Concept / XBRL Key | Value | Unit |
|---|---|---|---|---|
| sach |
Income On Modification Fees
IncomeOnModificationFees
|
78872 | USD | |
| us-gaap |
Use Of Estimates
UseOfEstimates
|
<div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Use of Estimates</div></div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in; background: none;"><div style="white-space: pre-wrap; font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">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> | ||
| us-gaap |
Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
|
<div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;">Concentrations of Credit Risk</div></div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in; background: none;"><div style="white-space: pre-wrap; font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">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 $250,000.</div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in; background: none;"><div style="white-space: pre-wrap; font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"> </div></div><div style="font-family: "times new roman", times, serif; font-size: 10pt; margin: 0px 0px 0px 0.25in; text-indent: 0.25in;"><div style="font-family: "times new roman", times, serif; font-size: 10pt; background: none; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Credit risks associated with the Company’s mortgage loan portfolio and related interest receivable are described in Note 3 — “Mortgages Receivable.”</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table> | ||
| CY2018Q2 | 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 | |
| CY2018Q2 | sach |
Maturities Of Mortagage Receivable Year One
MaturitiesOfMortagageReceivableYearOne
|
19943170 | USD |
| sach |
Income On Borrower Charges
IncomeOnBorrowerCharges
|
140717 | USD | |
| CY2017Q2 | sach |
Income On Borrower Charges
IncomeOnBorrowerCharges
|
17653 | USD |
| CY2018Q2 | sach |
Income On Borrower Charges
IncomeOnBorrowerCharges
|
80472 | USD |
| sach |
Income On Borrower Charges
IncomeOnBorrowerCharges
|
17653 | USD | |
| sach |
Income On Lender Fees
IncomeOnLenderFees
|
178267 | USD | |
| CY2017Q2 | sach |
Income On Lender Fees
IncomeOnLenderFees
|
36895 | USD |
| CY2018Q2 | sach |
Income On Lender Fees
IncomeOnLenderFees
|
39772 | USD |
| sach |
Income On Lender Fees
IncomeOnLenderFees
|
50855 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
4182832 | USD | |
| us-gaap |
Net Income Loss
NetIncomeLoss
|
1853424 | USD | |
| us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
4338170 | USD | |
| CY2017Q2 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
1223919 | USD |
| CY2018Q2 | us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
2375797 | USD |
| us-gaap |
Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
|
2260759 | USD | |
| CY2018Q2 | sach |
Maturities Of Mortagage Receivable Year Two
MaturitiesOfMortagageReceivableYearTwo
|
33071900 | USD |
| CY2018Q2 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
|
5000000 | shares |
| CY2018Q2 | us-gaap |
Cash
Cash
|
2221209 | USD |
| CY2017Q4 | us-gaap |
Cash
Cash
|
954223 | USD |
| CY2018Q2 | us-gaap |
Escrow Deposit
EscrowDeposit
|
0 | USD |
| CY2017Q4 | us-gaap |
Escrow Deposit
EscrowDeposit
|
111189 | USD |
| CY2018Q2 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2017Q4 | us-gaap |
Preferred Stock Shares Issued
PreferredStockSharesIssued
|
0 | shares |
| CY2018Q2 | sach |
Maturities Of Mortagage Receivable Year Three
MaturitiesOfMortagageReceivableYearThree
|
11146235 | USD |
| CY2018Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
|
10176 | USD |
| sach |
Origination Fees
OriginationFees
|
688600 | USD | |
| CY2017Q2 | sach |
Origination Fees
OriginationFees
|
169939 | USD |
| CY2018Q2 | sach |
Origination Fees
OriginationFees
|
340052 | USD |
| sach |
Origination Fees
OriginationFees
|
267400 | USD | |
| sach |
Income On Inhouse Legal Fees
IncomeOnInhouseLegalFees
|
51250 | USD | |
| CY2017Q2 | sach |
Income On Inhouse Legal Fees
IncomeOnInhouseLegalFees
|
14000 | USD |
| CY2018Q2 | sach |
Income On Inhouse Legal Fees
IncomeOnInhouseLegalFees
|
16350 | USD |
| sach |
Income On Inhouse Legal Fees
IncomeOnInhouseLegalFees
|
21000 | USD | |
| dei |
Document Type
DocumentType
|
10-Q | ||
| dei |
Amendment Flag
AmendmentFlag
|
false | ||
| CY2017Q2 | sach |
Income On Modification Fees
IncomeOnModificationFees
|
0 | USD |
| CY2018Q2 | sach |
Income On Modification Fees
IncomeOnModificationFees
|
33847 | USD |
| sach |
Income On Modification Fees
IncomeOnModificationFees
|
0 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
43614 | USD | |
| us-gaap |
Amortization Of Financing Costs
AmortizationOfFinancingCosts
|
29117 | USD | |
| CY2018Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
|
10645 | USD |
| CY2018Q2 | sach |
Maturities Of Mortagage Receivable Year Four
MaturitiesOfMortagageReceivableYearFour
|
8216190 | USD |
| CY2018Q2 | us-gaap |
Cash Fdic Insured Amount
CashFDICInsuredAmount
|
250000 | USD |
| CY2018Q2 | 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 | |
| CY2017Q1 | us-gaap |
Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued
BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued
|
6283237 | shares |
| CY2018Q2 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
71408038 | USD |
| CY2017Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
62166937 | USD |
| CY2018Q2 | sach |
Mortgages Receivable From Affiliate
MortgagesReceivableFromAffiliate
|
969457 | USD |
| CY2017Q4 | sach |
Mortgages Receivable From Affiliate
MortgagesReceivableFromAffiliate
|
1104022 | USD |
| CY2017Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
3750000 | shares |
| CY2017Q4 | us-gaap |
Stock Issued During Period Shares New Issues
StockIssuedDuringPeriodSharesNewIssues
|
562500 | shares |
| CY2018Q2 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
| CY2017Q4 | us-gaap |
Common Stock Shares Authorized
CommonStockSharesAuthorized
|
50000000 | shares |
| CY2018Q2 | us-gaap |
Mortgage Loans On Real Estate Commercial And Consumer Net
MortgageLoansOnRealEstateCommercialAndConsumerNet
|
72377495 | USD |
| CY2018Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
|
11136 | USD |
| us-gaap |
Depreciation
Depreciation
|
13468 | USD | |
| us-gaap |
Depreciation
Depreciation
|
12890 | USD | |
| sach |
Income And Other
IncomeAndOther
|
50422 | USD | |
| CY2017Q2 | sach |
Income And Other
IncomeAndOther
|
10885 | USD |
| CY2018Q2 | sach |
Income And Other
IncomeAndOther
|
34340 | USD |
| sach |
Income And Other
IncomeAndOther
|
36072 | USD | |
| dei |
Document Period End Date
DocumentPeriodEndDate
|
2018-06-30 | ||
| sach |
Revenues From Fees And Commissions
RevenuesFromFeesAndCommissions
|
84083 | USD | |
| CY2017Q2 | sach |
Revenues From Fees And Commissions
RevenuesFromFeesAndCommissions
|
35472 | USD |
| CY2018Q2 | sach |
Revenues From Fees And Commissions
RevenuesFromFeesAndCommissions
|
49986 | USD |
| sach |
Revenues From Fees And Commissions
RevenuesFromFeesAndCommissions
|
65454 | USD | |
| CY2017Q1 | us-gaap |
Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
|
6283237 | shares |
| us-gaap |
Notes Issued1
NotesIssued1
|
169338 | USD | |
| dei |
Document Fiscal Year Focus
DocumentFiscalYearFocus
|
2018 | ||
| us-gaap |
Other Income
OtherIncome
|
499528 | USD | |
| CY2017Q2 | us-gaap |
Other Income
OtherIncome
|
79433 | USD |
| CY2018Q2 | us-gaap |
Other Income
OtherIncome
|
204781 | USD |
| us-gaap |
Other Income
OtherIncome
|
125580 | USD | |
| us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
-15753 | USD | |
| sach |
Processing Fees
ProcessingFees
|
70800 | USD | |
| CY2017Q2 | sach |
Processing Fees
ProcessingFees
|
29450 | USD |
| CY2018Q2 | sach |
Processing Fees
ProcessingFees
|
37670 | USD |
| sach |
Processing Fees
ProcessingFees
|
54375 | USD | |
| CY2018Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
|
11650 | USD |
| CY2018Q2 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
15415737 | shares |
| CY2017Q4 | us-gaap |
Common Stock Shares Issued
CommonStockSharesIssued
|
15415737 | shares |
| CY2017Q4 | us-gaap |
Shares Issued Price Per Share
SharesIssuedPricePerShare
|
4.00 | |
| CY2018Q2 | us-gaap |
Interest Receivable
InterestReceivable
|
1122580 | USD |
| CY2017Q4 | us-gaap |
Interest Receivable
InterestReceivable
|
645493 | USD |
| CY2018Q2 | us-gaap |
Other Receivables
OtherReceivables
|
53740 | USD |
| CY2017Q4 | us-gaap |
Other Receivables
OtherReceivables
|
234570 | USD |
| CY2017Q4 | us-gaap |
Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
|
17250000 | USD |
| CY2018Q2 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
15415737 | shares |
| CY2017Q4 | us-gaap |
Common Stock Shares Outstanding
CommonStockSharesOutstanding
|
15415737 | shares |
| CY2018Q2 | us-gaap |
Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
|
252475 | USD |
| us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
77730 | USD | |
| CY2017Q2 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
21845 | USD |
| CY2018Q2 | us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
33975 | USD |
| us-gaap |
Rental Income Nonoperating
RentalIncomeNonoperating
|
49228 | USD | |
| dei |
Document Fiscal Period Focus
DocumentFiscalPeriodFocus
|
Q2 | ||
| us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
0 | USD | |
| us-gaap |
Gain Loss On Sale Of Mortgage Loans
GainLossOnSaleOfMortgageLoans
|
42231 | USD | |
| dei |
Entity Registrant Name
EntityRegistrantName
|
Sachem Capital Corp. | ||
| CY2018Q2 | us-gaap |
Long Term Debt
LongTermDebt
|
296082 | USD |
| CY2018Q2 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
207156 | USD |
| CY2017Q4 | us-gaap |
Due From Affiliates
DueFromAffiliates
|
451795 | USD |
| CY2018Q2 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
46860 | USD |
| CY2017Q4 | us-gaap |
Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
|
4520 | USD |
| sach |
Increase Decrease In Escrow Deposit
IncreaseDecreaseInEscrowDeposit
|
-111189 | USD | |
| sach |
Increase Decrease In Escrow Deposit
IncreaseDecreaseInEscrowDeposit
|
0 | USD | |
| dei |
Entity Central Index Key
EntityCentralIndexKey
|
0001682220 | ||
| dei |
Current Fiscal Year End Date
CurrentFiscalYearEndDate
|
--12-31 | ||
| sach |
Increase Decrease In Interest And Fees Receivable
IncreaseDecreaseInInterestAndFeesReceivable
|
570404 | USD | |
| sach |
Increase Decrease In Interest And Fees Receivable
IncreaseDecreaseInInterestAndFeesReceivable
|
88716 | USD | |
| CY2017Q4 | us-gaap |
Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
|
15300000 | USD |
| CY2018Q2 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
482137 | USD |
| CY2017Q4 | us-gaap |
Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
|
501819 | USD |
| CY2018Q2 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
2724819 | USD |
| CY2017Q4 | us-gaap |
Real Estate Investments
RealEstateInvestments
|
1224409 | USD |
| sach |
Interest And Amortization Of Debt Service Costs
InterestAndAmortizationOfDebtServiceCosts
|
604920 | USD | |
| CY2017Q2 | sach |
Interest And Amortization Of Debt Service Costs
InterestAndAmortizationOfDebtServiceCosts
|
170639 | USD |
| CY2018Q2 | sach |
Interest And Amortization Of Debt Service Costs
InterestAndAmortizationOfDebtServiceCosts
|
381964 | USD |
| sach |
Interest And Amortization Of Debt Service Costs
InterestAndAmortizationOfDebtServiceCosts
|
286909 | USD | |
| us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-180830 | USD | |
| us-gaap |
Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
|
-8897 | USD | |
| dei |
Entity Filer Category
EntityFilerCategory
|
Smaller Reporting Company | ||
| CY2018Q2 | us-gaap |
Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
|
2724819 | USD |
| us-gaap |
Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
|
105350 | USD | |
| us-gaap |
Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
|
108654 | USD | |
| dei |
Trading Symbol
TradingSymbol
|
SACH | ||
| CY2018Q2 | us-gaap |
Security Deposit
SecurityDeposit
|
18000 | USD |
| CY2017Q4 | us-gaap |
Security Deposit
SecurityDeposit
|
0 | USD |
| sach |
Compensation Fees And Taxes
CompensationFeesAndTaxes
|
545304 | USD | |
| CY2017Q2 | sach |
Compensation Fees And Taxes
CompensationFeesAndTaxes
|
164986 | USD |
| CY2018Q2 | sach |
Compensation Fees And Taxes
CompensationFeesAndTaxes
|
299729 | USD |
| sach |
Compensation Fees And Taxes
CompensationFeesAndTaxes
|
270825 | USD | |
| CY2018Q3 | dei |
Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
|
15436914 | shares |
| CY2018Q2 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
636913 | USD |
| CY2017Q4 | us-gaap |
Deferred Finance Costs Net
DeferredFinanceCostsNet
|
95560 | USD |
| us-gaap |
Salaries And Wages
SalariesAndWages
|
0 | USD | |
| CY2017Q2 | us-gaap |
Salaries And Wages
SalariesAndWages
|
0 | USD |
| CY2018Q2 | us-gaap |
Salaries And Wages
SalariesAndWages
|
0 | USD |
| us-gaap |
Salaries And Wages
SalariesAndWages
|
35847 | USD | |
| sach |
Mortgage Loans On Real Estate Default Interest Rate
MortgageLoansOnRealEstateDefaultInterestRate
|
0.18 | pure | |
| us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
0 | USD | |
| us-gaap |
Increase Decrease In Due To Related Parties
IncreaseDecreaseInDueToRelatedParties
|
-656296 | USD | |
| us-gaap |
Professional Fees
ProfessionalFees
|
158459 | USD | |
| CY2017Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
48403 | USD |
| CY2018Q2 | us-gaap |
Professional Fees
ProfessionalFees
|
42137 | USD |
| us-gaap |
Professional Fees
ProfessionalFees
|
132142 | USD | |
| us-gaap |
Increase Decrease In Due To Officers And Stockholders
IncreaseDecreaseInDueToOfficersAndStockholders
|
0 | USD | |
| us-gaap |
Increase Decrease In Due To Officers And Stockholders
IncreaseDecreaseInDueToOfficersAndStockholders
|
14928 | USD | |
| us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
55601 | USD | |
| CY2017Q2 | us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
0 | USD |
| CY2018Q2 | us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
21121 | USD |
| us-gaap |
Taxes And Licenses
TaxesAndLicenses
|
0 | USD | |
| CY2018Q2 | us-gaap |
Line Of Credit
LineOfCredit
|
22145106 | USD |
| CY2017Q4 | us-gaap |
Line Of Credit
LineOfCredit
|
9841613 | USD |
| us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
-723478 | USD | |
| us-gaap |
Increase Decrease In Notes Payable Current
IncreaseDecreaseInNotesPayableCurrent
|
0 | USD | |
| us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
84661 | USD | |
| us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
14800 | USD | |
| sach |
Loan Servicing Feesdescription
LoanServicingFeesdescription
|
the loan servicing fee ranged from one-twelfth (1/12th) of one-half percent (0.5%) to one percent (1.0%) of the loan portfolio | ||
| CY2018Q2 | us-gaap |
Notes Payable
NotesPayable
|
296082 | USD |
| CY2017Q4 | us-gaap |
Notes Payable
NotesPayable
|
301101 | USD |
| us-gaap |
Exchange Fees
ExchangeFees
|
16667 | USD | |
| CY2017Q2 | us-gaap |
Exchange Fees
ExchangeFees
|
37665 | USD |
| CY2018Q2 | us-gaap |
Exchange Fees
ExchangeFees
|
0 | USD |
| us-gaap |
Exchange Fees
ExchangeFees
|
37665 | USD | |
| CY2017Q2 | us-gaap |
Depreciation
Depreciation
|
7734 | USD |
| CY2018Q2 | us-gaap |
Depreciation
Depreciation
|
5834 | USD |
| sach |
Loan Servicing Feespercentage
LoanServicingFeespercentage
|
-0.01 | pure | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
-280939 | USD | |
| us-gaap |
Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
|
31236 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
107074 | USD | |
| us-gaap |
Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
|
401646 | USD | |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
162660 | USD | |
| CY2017Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
131754 | USD |
| CY2018Q2 | us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
81297 | USD |
| us-gaap |
General And Administrative Expense
GeneralAndAdministrativeExpense
|
177341 | USD | |
| CY2018Q2 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
103607 | USD |
| CY2017Q4 | us-gaap |
Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
390758 | USD |
| CY2018Q2 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
2550 | USD |
| CY2017Q4 | us-gaap |
Security Deposit Liability
SecurityDepositLiability
|
2550 | USD |
| sach |
Proceeds From Collection Of Mortagage Receivable
ProceedsFromCollectionOfMortagageReceivable
|
9181290 | USD | |
| CY2017Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
956646 | USD |
| CY2018Q2 | us-gaap |
Net Income Loss
NetIncomeLoss
|
2210179 | USD |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
2932991 | USD | |
| us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
1658820 | USD | |
| CY2018Q2 | us-gaap |
Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
|
43200000 | USD |
| CY2018Q2 | us-gaap |
Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
|
469598 | USD |
| CY2017Q4 | us-gaap |
Advance Payments By Borrowers For Taxes And Insurance
AdvancePaymentsByBorrowersForTaxesAndInsurance
|
519764 | USD |
| CY2018Q2 | 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 |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.27 | ||
| CY2017Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.09 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | |
| us-gaap |
Earnings Per Share Basic
EarningsPerShareBasic
|
0.14 | ||
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.27 | ||
| CY2017Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.09 | |
| CY2018Q2 | us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | |
| us-gaap |
Earnings Per Share Diluted
EarningsPerShareDiluted
|
0.14 | ||
| us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
0 | USD | |
| us-gaap |
Proceeds From Sale Of Real Estate
ProceedsFromSaleOfRealEstate
|
90123 | USD | |
| CY2018Q2 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1236907 | USD |
| CY2017Q4 | us-gaap |
Deferred Revenue
DeferredRevenue
|
1108400 | USD |
| CY2018Q2 | us-gaap |
Debt Instrument Interest Rate Stated Percentage
DebtInstrumentInterestRateStatedPercentage
|
0.04 | pure |
| CY2018Q2 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
125253 | USD |
| CY2017Q4 | us-gaap |
Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
|
40592 | USD |
| us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
61166 | USD | |
| us-gaap |
Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
|
62055 | USD | |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15415737 | shares | |
| CY2017Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11103237 | shares |
| CY2018Q2 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
15415737 | shares |
| us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11103237 | shares | |
| CY2018Q2 | us-gaap |
Liabilities
Liabilities
|
24379103 | USD |
| CY2017Q4 | us-gaap |
Liabilities
Liabilities
|
12928256 | USD |
| sach |
Repayments Of Escrow Deposit
RepaymentsOfEscrowDeposit
|
0 | USD | |
| sach |
Repayments Of Escrow Deposit
RepaymentsOfEscrowDeposit
|
-311950 | USD | |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15415737 | shares | |
| CY2017Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11103237 | shares |
| CY2018Q2 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
15415737 | shares |
| us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11103237 | shares | |
| us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
0 | USD | |
| us-gaap |
Payments To Acquire Furniture And Fixtures
PaymentsToAcquireFurnitureAndFixtures
|
116105 | USD | |
| us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
0 | USD | |
| us-gaap |
Payments For Proceeds From Investments
PaymentsForProceedsFromInvestments
|
-1750 | USD | |
| CY2018Q2 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2017Q4 | us-gaap |
Preferred Stock Value
PreferredStockValue
|
0 | USD |
| CY2018Q2 | us-gaap |
Common Stock Value
CommonStockValue
|
15416 | USD |
| CY2017Q4 | us-gaap |
Common Stock Value
CommonStockValue
|
15416 | USD |
| us-gaap |
Payments For Rent
PaymentsForRent
|
9000 | USD | |
| CY2017Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
1500 | USD |
| CY2018Q2 | us-gaap |
Payments For Rent
PaymentsForRent
|
4500 | USD |
| us-gaap |
Payments For Rent
PaymentsForRent
|
6000 | USD | |
| sach |
Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
|
30263339 | USD | |
| sach |
Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
|
23237925 | USD | |
| sach |
Proceeds From Collection Of Mortagage Receivable
ProceedsFromCollectionOfMortagageReceivable
|
18982298 | USD | |
| CY2017Q1 | us-gaap |
Salaries Wages And Officers Compensation
SalariesWagesAndOfficersCompensation
|
12223 | USD |
| CY2017Q4 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
53315772 | USD |
| CY2018Q2 | us-gaap |
Additional Paid In Capital
AdditionalPaidInCapital
|
53315772 | USD |
| CY2018Q2 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
2180618 | USD |
| CY2017Q4 | us-gaap |
Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
|
1235093 | USD |
| us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
45727947 | USD | |
| us-gaap |
Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
|
16545766 | USD | |
| CY2018Q2 | us-gaap |
Stockholders Equity
StockholdersEquity
|
55511806 | USD |
| CY2017Q4 | us-gaap |
Stockholders Equity
StockholdersEquity
|
54566281 | USD |
| CY2018Q2 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
79890909 | USD |
| CY2017Q4 | us-gaap |
Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
|
67494537 | USD |
| us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
33424454 | USD | |
| us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
12498329 | USD | |
| us-gaap |
Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
|
5019 | USD | |
| us-gaap |
Payments For Proceeds From Mortgage Deposits
PaymentsForProceedsFromMortgageDeposits
|
4030 | USD | |
| us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
0 | USD | |
| us-gaap |
Proceeds From Issuance Initial Public Offering
ProceedsFromIssuanceInitialPublicOffering
|
13000000 | USD | |
| us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
3237305 | USD | |
| us-gaap |
Payments Of Ordinary Dividends
PaymentsOfOrdinaryDividends
|
555162 | USD | |
| sach |
Preoffering Costs Incurred
PreofferingCostsIncurred
|
0 | USD | |
| sach |
Preoffering Costs Incurred
PreofferingCostsIncurred
|
1492330 | USD | |
| us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
584967 | USD | |
| us-gaap |
Payment Of Financing And Stock Issuance Costs
PaymentOfFinancingAndStockIssuanceCosts
|
87202 | USD | |
| us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
0 | USD | |
| us-gaap |
Proceeds From Partnership Contribution
ProceedsFromPartnershipContribution
|
653646 | USD | |
| sach |
Payments Of Partnership Distributions
PaymentsOfPartnershipDistributions
|
0 | USD | |
| sach |
Payments Of Partnership Distributions
PaymentsOfPartnershipDistributions
|
2460125 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
8476202 | USD | |
| us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
13102234 | USD | |
| us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
1266986 | USD | |
| us-gaap |
Cash Period Increase Decrease
CashPeriodIncreaseDecrease
|
306182 | USD | |
| CY2016Q4 | us-gaap |
Cash
Cash
|
1561863 | USD |
| CY2017Q2 | us-gaap |
Cash
Cash
|
1868045 | USD |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
561307 | USD | |
| us-gaap |
Interest Paid Net
InterestPaidNet
|
242991 | USD | |
| CY2018Q2 | us-gaap |
Assets
Assets
|
79890909 | USD |
| CY2017Q4 | us-gaap |
Assets
Assets
|
67494537 | USD |
| us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD | |
| CY2017Q2 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
-42231 | USD |
| CY2018Q2 | us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
0 | USD |
| us-gaap |
Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
|
-15753 | USD | |
| us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
19000 | USD | |
| CY2017Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
0 | USD |
| CY2018Q2 | us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
0 | USD |
| us-gaap |
Excise And Sales Taxes
ExciseAndSalesTaxes
|
0 | USD | |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
1576079 | USD | |
| CY2017Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
603412 | USD |
| CY2018Q2 | us-gaap |
Costs And Expenses
CostsAndExpenses
|
832082 | USD |
| us-gaap |
Costs And Expenses
CostsAndExpenses
|
969372 | USD | |
| us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-1249841 | USD | |
| us-gaap |
Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
-194604 | USD | |
| us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
42340 | USD | |
| us-gaap |
Increase Decrease In Prepaid Insurance
IncreaseDecreaseInPrepaidInsurance
|
72432 | USD | |
| us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-18000 | USD | |
| us-gaap |
Increase Decrease In Security Deposits
IncreaseDecreaseInSecurityDeposits
|
-5000 | USD | |
| us-gaap |
Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
-50166 | USD | |
| us-gaap |
Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
249458 | USD | |
| us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
1200000 | USD | |
| us-gaap |
Proceeds From Sale And Collection Of Mortgage Notes Receivable
ProceedsFromSaleAndCollectionOfMortgageNotesReceivable
|
0 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-10142207 | USD | |
| us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-14454872 | USD | |
| CY2018Q2 | us-gaap |
Receivable With Imputed Interest Discount
ReceivableWithImputedInterestDiscount
|
21433 | USD |
| sach |
Reversal Of Previously Accrued Capitalized Costs
ReversalOfPreviouslyAccruedCapitalizedCosts
|
6212 | USD | |
| CY2018Q2 | us-gaap |
Defined Contribution Plan Maximum Annual Contributions Per Employee Percent
DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent
|
0.03 | pure |
| CY2018Q2 | us-gaap |
Lines Of Credit Current
LinesOfCreditCurrent
|
22100000 | USD |
| sach |
Payments For Working Capital
PaymentsForWorkingCapital
|
1400000 | USD | |
| CY2018Q2 | sach |
Maximum Percentage Of Borrowing Capacity
MaximumPercentageOfBorrowingCapacity
|
0.75 | pure |
| us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
59005 | USD | |
| CY2017Q2 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
31320 | USD |
| CY2018Q2 | us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
26050 | USD |
| us-gaap |
Interest Expense Related Party
InterestExpenseRelatedParty
|
61741 | USD | |
| CY2018Q2 | us-gaap |
Rental Properties
RentalProperties
|
1235409 | USD |
| CY2018Q2 | us-gaap |
Real Estate Heldforsale
RealEstateHeldforsale
|
1489410 | USD |
| CY2018Q2 | us-gaap |
Compensation Expense Excluding Cost Of Good And Service Sold
CompensationExpenseExcludingCostOfGoodAndServiceSold
|
50000 | USD |
| us-gaap |
Revenues
Revenues
|
5758911 | USD | |
| CY2017Q2 | us-gaap |
Revenues
Revenues
|
1560058 | USD |
| CY2018Q2 | us-gaap |
Revenues
Revenues
|
3042261 | USD |
| us-gaap |
Revenues
Revenues
|
2822796 | USD | |
| sach |
Payments To Acquire Real Estate1
PaymentsToAcquireRealEstate1
|
1439244 | USD |
