$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2018 Q4 Form 10-Q Financial Statement

#000114420418059342 Filed on November 13, 2018

Income Statement

Concept	2018 Q4	2018 Q3	2017 Q3
Revenue	$2.934M	$3.051M	$1.939M
YoY Change	32.17%	57.36%	90.83%
Cost Of Revenue	$573.9K	$511.7K	$530.0K
YoY Change	719.79%	-3.46%	253.33%
Gross Profit	$2.360M	$2.410M	$1.380M
YoY Change	9.78%	74.61%	56.82%
Gross Profit Margin	80.44%	78.98%	71.17%
Selling, General & Admin	$659.5K	$570.0K	$80.00K
YoY Change	-23.31%	612.46%	-20.0%
% of Gross Profit	27.94%	23.65%	5.8%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$12.23K	$6.834K	$8.734K
YoY Change	22.3%	-21.75%
% of Gross Profit	0.52%	0.28%	0.63%
Operating Expenses	$678.4K	$566.7K	$80.00K
YoY Change	47.47%	608.33%	-20.0%
Operating Profit	$1.682M	$1.843M	$1.300M
YoY Change	-0.48%	41.77%	66.67%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net			-$10.00K
YoY Change
Pretax Income	$1.637M	$1.963M	$1.320M
YoY Change	-3.13%	48.69%	97.01%
Income Tax
% Of Pretax Income
Net Earnings	$1.637M	$1.963M	$1.318M
YoY Change	-3.13%	48.93%	95.33%
Net Earnings / Revenue	55.8%	64.33%	67.97%
Basic Earnings Per Share		$0.13	$0.12
Diluted Earnings Per Share	$106.0K	$0.13	$0.12
COMMON SHARES
Basic Shares Outstanding	15.44M shares	15.43M shares	11.10M shares
Diluted Shares Outstanding		15.43M shares	11.10M shares

Balance Sheet

Concept	2018 Q4	2018 Q3	2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments	$99.31K	$543.9K	$1.000M
YoY Change	-90.07%	-45.61%	-69.7%
Cash & Equivalents	$158.9K
Short-Term Investments
Other Short-Term Assets	$14.87K	$27.61K	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables	$1.552M	$1.767M	$800.0K
Other Receivables	$695.2K	$357.8K	$400.0K
Total Short-Term Assets	$2.361M	$2.696M	$2.200M
YoY Change	2.67%	22.54%	-45.0%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.180M	$812.9K	$508.6K
YoY Change	135.17%	59.85%	-60.88%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$0.00
YoY Change
Other Assets	$626.0K	$572.3K	$200.0K
YoY Change	212.98%	186.14%	100.0%
Total Long-Term Assets	$83.65M	$82.34M	$54.68M
YoY Change	28.31%	50.59%	69.8%
TOTAL ASSETS
Total Short-Term Assets	$2.361M	$2.696M	$2.200M
Total Long-Term Assets	$83.65M	$82.34M	$54.68M
Total Assets	$86.01M	$85.03M	$56.88M
YoY Change	27.44%	49.51%	57.11%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$300.0K	$100.0K	$100.0K
YoY Change	-25.0%	0.0%
Accrued Expenses	$493.0K	$252.7K	$200.0K
YoY Change	23.26%	26.37%
Deferred Revenue
YoY Change
Short-Term Debt	$27.22M	$27.26M	$15.90M
YoY Change	177.75%	71.45%	87.06%
Long-Term Debt Due	$0.00	$0.00
YoY Change
Total Short-Term Liabilities	$31.86M	$27.79M	$16.90M
YoY Change	197.77%	64.45%	83.7%
LONG-TERM LIABILITIES
Long-Term Debt	$291.0K	$293.6K	$0.00
YoY Change	-70.9%
Other Long-Term Liabilities	$1.058M	$1.153M	$900.0K
YoY Change	-3.78%	28.07%	350.0%
Total Long-Term Liabilities	$1.349M	$1.446M	$900.0K
YoY Change	-35.74%	60.69%	350.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$31.86M	$27.79M	$16.90M
Total Long-Term Liabilities	$1.349M	$1.446M	$900.0K
Total Liabilities	$33.21M	$29.24M	$17.72M
YoY Change	156.89%	65.0%	86.52%
SHAREHOLDERS EQUITY
Retained Earnings	-$405.5K	$2.434M	$1.164M
YoY Change	-132.83%	109.1%
Common Stock	$15.44K	$15.44K	$11.10K
YoY Change	0.15%	39.03%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$52.80M	$55.79M	$39.16M
YoY Change
Total Liabilities & Shareholders Equity	$86.01M	$85.03M	$56.88M
YoY Change	27.44%	49.51%	57.11%

Cashflow Statement

Concept	2018 Q4	2018 Q3	2017 Q3
OPERATING ACTIVITIES
Net Income	$1.637M	$1.963M	$1.318M
YoY Change	-3.13%	48.93%	95.33%
Depreciation, Depletion And Amortization	$12.23K	$6.834K	$8.734K
YoY Change	22.3%	-21.75%
Cash From Operating Activities	$2.451M	$835.5K	$1.110M
YoY Change	18.38%	-24.73%	40.51%
INVESTING ACTIVITIES
Capital Expenditures	-$816.1K	-$376.2K	-$380.0K
YoY Change	716.15%	-1.0%
Acquisitions
YoY Change
Other Investing Activities	$64.62K	-$5.568M	-$4.180M
YoY Change	-100.66%	33.19%	2686.67%
Cash From Investing Activities	-$751.5K	-$5.944M	-$4.560M
YoY Change	-92.42%	30.34%	3157.14%
FINANCING ACTIVITIES
Cash Dividend Paid			$1.166M
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-2.084M	3.428M	2.600M
YoY Change	-126.79%	31.84%	124.14%
NET CHANGE
Cash From Operating Activities	2.451M	835.5K	1.110M
Cash From Investing Activities	-751.5K	-5.944M	-4.560M
Cash From Financing Activities	-2.084M	3.428M	2.600M
Net Change In Cash	-385.0K	-1.680M	-850.0K
YoY Change	450.07%	97.68%	-146.96%
FREE CASH FLOW
Cash From Operating Activities	$2.451M	$835.5K	$1.110M
Capital Expenditures	-$816.1K	-$376.2K	-$380.0K
Free Cash Flow	$3.267M	$1.212M	$1.490M
YoY Change	50.54%	-18.68%	88.61%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-118183	USD
CY2018Q3	us-gaap	Cash Cash	543903	USD
CY2017Q4	us-gaap	Cash Cash	954223	USD
CY2018Q3	us-gaap	Escrow Deposit EscrowDeposit	0	USD
CY2017Q4	us-gaap	Escrow Deposit EscrowDeposit	111189	USD
CY2018Q3	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	76835852	USD
CY2017Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	62166937	USD
CY2018Q3	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	969457	USD
CY2017Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1104022	USD
CY2018Q3	us-gaap	Interest Receivable InterestReceivable	1381536	USD
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	645493	USD
CY2018Q3	us-gaap	Other Receivables OtherReceivables	385090	USD
CY2017Q4	us-gaap	Other Receivables OtherReceivables	234570	USD
CY2018Q3	us-gaap	Due From Affiliates DueFromAffiliates	357810	USD
CY2017Q4	us-gaap	Due From Affiliates DueFromAffiliates	451795	USD
CY2018Q3	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	27613	USD
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4520	USD
CY2018Q3	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	812903	USD
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	501819	USD
CY2018Q3	us-gaap	Real Estate Investments RealEstateInvestments	3145532	USD
CY2017Q4	us-gaap	Real Estate Investments RealEstateInvestments	1224409	USD
CY2018Q3	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	572281	USD
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	95560	USD
CY2018Q3	us-gaap	Assets Assets	85032830	USD
CY2017Q4	us-gaap	Assets Assets	67494537	USD
CY2018Q3	us-gaap	Line Of Credit LineOfCredit	27260147	USD
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	9841613	USD
CY2018Q3	us-gaap	Notes Payable NotesPayable	293566	USD
CY2017Q4	us-gaap	Notes Payable NotesPayable	301101	USD
CY2018Q3	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	95024	USD
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	390758	USD
CY2018Q3	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2550	USD
CY2018Q3	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	276377	USD
CY2017Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	519764	USD
CY2017Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	723478	USD
CY2018Q3	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	0	USD
CY2018Q3	us-gaap	Deferred Revenue DeferredRevenue	1152665	USD
CY2017Q4	us-gaap	Deferred Revenue DeferredRevenue	1108400	USD
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	40592	USD
CY2018Q3	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	157720	USD
CY2018Q3	us-gaap	Liabilities Liabilities	29238049	USD
CY2017Q4	us-gaap	Liabilities Liabilities	12928256	USD
CY2018Q3	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0	USD
CY2018Q3	us-gaap	Common Stock Value CommonStockValue	15437	USD
CY2018Q3	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53345001	USD
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53315772	USD
CY2018Q3	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	2434343	USD
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1235093	USD
CY2018Q3	us-gaap	Stockholders Equity StockholdersEquity	55794781	USD
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	15416	USD
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	54566281	USD
CY2018Q3	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	85032830	USD
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	67494537	USD
CY2018Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	2272100	USD
CY2017Q3	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	1570877	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	6610273	USD
	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	3831636	USD
CY2018Q3	sach	Origination Fees OriginationFees	383322	USD
CY2017Q3	sach	Origination Fees OriginationFees	196811	USD
	sach	Origination Fees OriginationFees	1071921	USD
	sach	Origination Fees OriginationFees	464211	USD
CY2018Q3	sach	Processing Fees ProcessingFees	30680	USD
CY2017Q3	sach	Processing Fees ProcessingFees	30480	USD
	sach	Processing Fees ProcessingFees	101480	USD
	sach	Processing Fees ProcessingFees	84855	USD
CY2018Q3	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	10136	USD
CY2017Q3	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	9637	USD
	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	87865	USD
	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	58865	USD
CY2018Q3	us-gaap	Other Income OtherIncome	175271	USD
CY2017Q3	us-gaap	Other Income OtherIncome	80196	USD
	us-gaap	Other Income OtherIncome	674830	USD
	us-gaap	Other Income OtherIncome	205775	USD
CY2018Q3	us-gaap	Revenues Revenues	3051124	USD
CY2017Q3	us-gaap	Revenues Revenues	1938930	USD
	us-gaap	Revenues Revenues	8810066	USD
	us-gaap	Revenues Revenues	4745973	USD
CY2018Q3	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	493992	USD
CY2017Q3	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	302548	USD
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	1098912	USD
	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	589457	USD
CY2017Q3	us-gaap	Salaries And Wages SalariesAndWages	0	USD
	us-gaap	Salaries And Wages SalariesAndWages	35847	USD
CY2018Q3	us-gaap	Salaries And Wages SalariesAndWages	0	USD
	us-gaap	Salaries And Wages SalariesAndWages	0	USD
CY2018Q3	us-gaap	Professional Fees ProfessionalFees	54330	USD
CY2017Q3	us-gaap	Professional Fees ProfessionalFees	47202	USD
	us-gaap	Professional Fees ProfessionalFees	212789	USD
	us-gaap	Professional Fees ProfessionalFees	179344	USD
CY2018Q3	us-gaap	Taxes And Licenses TaxesAndLicenses	7669	USD
CY2017Q3	us-gaap	Taxes And Licenses TaxesAndLicenses	0	USD
	us-gaap	Taxes And Licenses TaxesAndLicenses	67668	USD
	us-gaap	Taxes And Licenses TaxesAndLicenses	0	USD
CY2018Q3	us-gaap	Depreciation Depreciation	6834	USD
CY2017Q3	us-gaap	Depreciation Depreciation	8734	USD
CY2018Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	142119	USD
CY2017Q3	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	35338	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	314839	USD
	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	212676	USD
CY2018Q3	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0	USD
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	19000	USD
CY2017Q3	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0	USD
	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0	USD
CY2018Q3	us-gaap	Costs And Expenses CostsAndExpenses	1088460	USD
CY2017Q3	us-gaap	Costs And Expenses CostsAndExpenses	621043	USD
	us-gaap	Costs And Expenses CostsAndExpenses	2675451	USD
	us-gaap	Costs And Expenses CostsAndExpenses	1574658	USD
CY2018Q3	us-gaap	Net Income Loss NetIncomeLoss	1962664	USD
CY2017Q3	us-gaap	Net Income Loss NetIncomeLoss	1317887	USD
CY2018Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2017Q3	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.12
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.40
	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.26
CY2018Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2017Q3	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.12
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.40
	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.26
CY2018Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15433000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15421555	shares
	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11103237	shares
CY2018Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15433000	shares
CY2017Q3	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15421555	shares
	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	11103237	shares
CY2018Q3	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	59949	USD
CY2017Q3	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	34998	USD
	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	144031	USD
	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	100453	USD
CY2018Q3	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	344266	USD
CY2017Q3	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	195673	USD
	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	886024	USD
	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	466497	USD
CY2018Q3	us-gaap	Exchange Fees ExchangeFees	10000	USD
CY2017Q3	us-gaap	Exchange Fees ExchangeFees	31548	USD
	us-gaap	Exchange Fees ExchangeFees	26667	USD
	us-gaap	Exchange Fees ExchangeFees	69213	USD
	us-gaap	Net Income Loss NetIncomeLoss	6134615	USD
	us-gaap	Net Income Loss NetIncomeLoss	3171315	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	90165	USD
	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	43677	USD
	us-gaap	Depreciation Depreciation	20302	USD
	us-gaap	Depreciation Depreciation	21624	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	179	USD
	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	-111189	USD
	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	916672	USD
	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	154877	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	150520	USD
	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-14227	USD
	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	23093	USD
	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	38342	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-656296	USD
	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	0	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	117128	USD
	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	55071	USD
	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-295734	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	85388	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	44265	USD
	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	580741	USD
	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-243387	USD
	sach	Payments To Acquire Real Estate1 PaymentsToAcquireRealEstate1	2369196	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	3765498	USD
	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	154888	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-2369117	USD
	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-401617	USD
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	2769698	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	530181	USD
	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	672538	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	104799	USD
	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	424023	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	331386	USD
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	132729	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-1750	USD
	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	0	USD
	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	37278346	USD
	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	33792878	USD
	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	20958280	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16083713	USD
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-19014308	USD
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	0	USD
	us-gaap	Gain Loss On Sale Of Mortgage Loans GainLossOnSaleOfMortgageLoans	42231	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	308866	USD
	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	278694	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	16957	USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	0	USD
	sach	Repayments Of Escrow Deposit RepaymentsOfEscrowDeposit	-46440	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	61067401	USD
	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	25341633	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	43648867	USD
	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	17534390	USD
	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	7535	USD
	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	6432	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	13000000	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	4935365	USD
	sach	Preoffering Costs Incurred PreofferingCostsIncurred	1486798	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	566886	USD
	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	87202	USD
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	653646	USD
	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	2460125	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	11907895	USD
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	15699335	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-410320	USD
	us-gaap	Cash Period Increase Decrease CashPeriodIncreaseDecrease	-545275	USD
CY2016Q4	us-gaap	Cash Cash	1561863	USD
CY2017Q3	us-gaap	Cash Cash	1016588	USD
	us-gaap	Interest Paid Net InterestPaidNet	1008747	USD
	us-gaap	Interest Paid Net InterestPaidNet	545782	USD
	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0	USD
	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	1720997	USD
	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0	USD
	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	0	USD
	sach	Preoffering Costs Incurred PreofferingCostsIncurred	853	USD
	us-gaap	Notes Issued1 NotesIssued1	169338	USD
CY2018Q3	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	21433	USD
	sach	Reversal Of Previously Accrued Capitalized Costs ReversalOfPreviouslyAccruedCapitalizedCosts	6212	USD
CY2017Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	4.00
CY2017Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	17250000	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	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	562500	shares
CY2017Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15300000	USD
CY2018Q3	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000	USD
	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	14849831	USD
	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18	pure
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	63270959	USD
CY2018Q3	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	14419754	USD
CY2018Q3	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	42593761	USD
CY2018Q3	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	11022029	USD
CY2018Q3	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	9769765	USD
CY2018Q3	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	77805309	USD
CY2018Q3	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	3145532	USD
CY2018Q3	us-gaap	Rental Properties RentalProperties	887606	USD
CY2018Q3	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2257926	USD
CY2018Q2	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.03	pure
CY2018Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	43200000	USD
CY2018Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0400	pure
CY2018Q2	sach	Maximum Percentage Of Borrowing Capacity MaximumPercentageOfBorrowingCapacity	0.75	pure
	sach	Payments For Working Capital PaymentsForWorkingCapital	1400000	USD
CY2018Q3	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	27300000	USD
CY2018Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	10176	USD
CY2018Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	10645	USD
CY2018Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	11136	USD
CY2018Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	11650	USD
CY2018Q3	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	249959	USD
CY2018Q3	us-gaap	Long Term Debt LongTermDebt	293566	USD
CY2018Q3	sach	Income On Borrower Charges IncomeOnBorrowerCharges	23579	USD
CY2017Q3	sach	Income On Borrower Charges IncomeOnBorrowerCharges	32837	USD
	sach	Income On Borrower Charges IncomeOnBorrowerCharges	164296	USD
	sach	Income On Borrower Charges IncomeOnBorrowerCharges	50488	USD
CY2018Q3	sach	Income On Lender Fees IncomeOnLenderFees	26955	USD
CY2017Q3	sach	Income On Lender Fees IncomeOnLenderFees	34560	USD
	sach	Income On Lender Fees IncomeOnLenderFees	205222	USD
	sach	Income On Lender Fees IncomeOnLenderFees	85415	USD
CY2018Q3	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	7478	USD
CY2017Q3	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	9500	USD
	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	58728	USD
	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	30500	USD
CY2018Q3	sach	Income On Modification Fees IncomeOnModificationFees	115544	USD
CY2017Q3	sach	Income On Modification Fees IncomeOnModificationFees	0	USD
	sach	Income On Modification Fees IncomeOnModificationFees	194416	USD
	sach	Income On Modification Fees IncomeOnModificationFees	0	USD
CY2018Q3	sach	Income And Other IncomeAndOther	1715	USD
CY2017Q3	sach	Income And Other IncomeAndOther	3299	USD
	sach	Income And Other IncomeAndOther	40387	USD
	sach	Income And Other IncomeAndOther	39372	USD
	us-gaap	Payments For Rent PaymentsForRent	13500	USD
CY2018Q3	us-gaap	Payments For Rent PaymentsForRent	4500	USD
	us-gaap	Payments For Rent PaymentsForRent	10500	USD
CY2017Q3	us-gaap	Payments For Rent PaymentsForRent	3000	USD
CY2017Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	12223	USD
CY2017Q3	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	31320	USD
CY2018Q3	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	26384	USD
	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	103223	USD
CY2018Q3	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	119666	USD
CY2017Q3	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	15931	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	119666	USD
	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	178	USD
	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	119666	USD
CY2018Q3	sach	Preoffering Costs PreofferingCosts	853	USD
CY2017Q4	sach	Preoffering Costs PreofferingCosts	0	USD
CY2018Q3	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
CY2018Q3	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0	shares
CY2018Q3	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
CY2018Q3	sach	Income On Other Fees IncomeOnOtherFees	0	USD
CY2017Q3	sach	Income On Other Fees IncomeOnOtherFees	0	USD
	sach	Income On Other Fees IncomeOnOtherFees	11781	USD
	sach	Income On Other Fees IncomeOnOtherFees	0	USD
	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	0	USD
CY2018Q3	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0626	pure
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237	shares
CY2018Q3	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000	shares
	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; 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="font-family: "times new roman", times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; 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; 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; 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="font-family: "times new roman", times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; 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; 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="font-family: "times new roman", times, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; 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; 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>
CY2018Q3	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000	shares
CY2018Q3	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15436914	shares
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737	shares
CY2018Q3	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15436914	shares
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737	shares
	dei	Document Type DocumentType	10-Q
	dei	Amendment Flag AmendmentFlag	false
	dei	Document Period End Date DocumentPeriodEndDate	2018-09-30
	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q3
	dei	Entity Registrant Name EntityRegistrantName	Sachem Capital Corp.
	dei	Entity Central Index Key EntityCentralIndexKey	0001682220
	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
	dei	Trading Symbol TradingSymbol	SACH
CY2018Q4	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15438621	shares
	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
	dei	Entity Small Business EntitySmallBusiness	true
CY2018Q3	us-gaap	Share Based Compensation ShareBasedCompensation	29250	USD
CY2017Q3	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	29250	USD
	us-gaap	Share Based Compensation ShareBasedCompensation	0	USD
CY2018Q3	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	532	USD
	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	6448	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

Files In Submission

Name	View Source	Status
0001144204-18-059342-index-headers.html	Edgar Link	pending
0001144204-18-059342-index.html	Edgar Link	pending
0001144204-18-059342.txt	Edgar Link	pending
0001144204-18-059342-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
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R17.htm	Edgar Link	pending
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R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
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R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.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-20180930.xml	Edgar Link	completed
sach-20180930.xsd	Edgar Link	pending
sach-20180930_cal.xml	Edgar Link	unprocessable
sach-20180930_def.xml	Edgar Link	unprocessable
sach-20180930_lab.xml	Edgar Link	unprocessable
sach-20180930_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv506417_10q.htm	Edgar Link	pending
tv506417_ex31-1.htm	Edgar Link	pending
tv506417_ex31-2.htm	Edgar Link	pending
tv506417_ex32-1.htm	Edgar Link	pending
tv506417_ex32-2.htm	Edgar Link	pending

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$SACH
Sachem Capital Corp. Stock $sach

2018 Q4 Form 10-Q Financial Statement

#000114420418059342 Filed on November 13, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2018 Q4 Form 10-Q Financial Statement

#000114420418059342 Filed on November 13, 2018

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach