$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2018 Form 10-K Financial Statement

#000114420419017051 Filed on March 29, 2019

Income Statement

Concept	2018	2017 Q4	2017
Revenue	$11.71M	$2.220M	$6.997M
YoY Change	67.41%	105.56%	72.12%
Cost Of Revenue	$1.720M	$70.00K	$819.5K
YoY Change	109.91%	-53.33%	51.81%
Gross Profit	$9.817M	$2.150M	$6.089M
YoY Change	61.22%	133.7%	72.72%
Gross Profit Margin	83.81%	96.85%	87.02%
Selling, General & Admin	$2.121M	$860.0K	$1.288M
YoY Change	64.68%	437.5%	194.3%
% of Gross Profit	21.61%	40.0%	21.16%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$32.53K	$10.00K	$28.36K
YoY Change	14.71%
% of Gross Profit	0.33%	0.47%	0.47%
Operating Expenses	$2.052M	$460.0K	$1.228M
YoY Change	67.09%	318.18%	217.62%
Operating Profit	$7.764M	$1.690M	$4.861M
YoY Change	59.74%	108.64%	54.87%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net		-$410.0K
YoY Change		485.71%
Pretax Income	$7.772M	$1.690M	$4.861M
YoY Change	59.89%	106.1%	59.34%
Income Tax
% Of Pretax Income
Net Earnings	$7.772M	$1.690M	$4.861M
YoY Change	59.89%	106.1%	59.34%
Net Earnings / Revenue	66.35%	76.13%	69.47%
Basic Earnings Per Share	$0.50		$0.38
Diluted Earnings Per Share	$0.50	$116.4K	$0.38
COMMON SHARES
Basic Shares Outstanding	15.43M	15.42M shares	11.96M
Diluted Shares Outstanding	15.43M		0.000

Balance Sheet

Concept	2018	2017 Q4	2017
SHORT-TERM ASSETS
Cash & Short-Term Investments	$99.31K	$1.000M	$954.2K
YoY Change	-89.59%	-37.5%	-38.9%
Cash & Equivalents		$954.2K
Short-Term Investments
Other Short-Term Assets	$14.87K	$0.00	$4.520K
YoY Change	228.98%
Inventory
Prepaid Expenses
Receivables	$1.552M	$900.0K	$880.1K
Other Receivables	$695.2K	$400.0K	$451.8K
Total Short-Term Assets	$2.361M	$2.300M	$2.291M
YoY Change	3.09%	0.0%	-0.65%
LONG-TERM ASSETS
Property, Plant & Equipment	$4.124M	$501.8K	$1.726M
YoY Change	138.88%	26.26%	6.56%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets	$626.0K	$200.0K	$206.8K
YoY Change	202.76%	100.0%	206.39%
Total Long-Term Assets	$83.65M	$65.19M	$65.20M
YoY Change	28.29%	80.75%	80.8%
TOTAL ASSETS
Total Short-Term Assets	$2.361M	$2.300M	$2.291M
Total Long-Term Assets	$83.65M	$65.19M	$65.20M
Total Assets	$86.01M	$67.49M	$67.49M
YoY Change	27.44%	75.91%	75.91%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$316.4K	$400.0K	$390.8K
YoY Change	-19.03%	100.0%	99.28%
Accrued Expenses	$176.6K	$400.0K	$40.59K
YoY Change	335.13%	100.0%	66.69%
Deferred Revenue
YoY Change
Short-Term Debt	$27.22M	$9.800M	$9.842M
YoY Change	176.57%	20.99%	21.29%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$31.86M	$10.70M	$10.80M
YoY Change	195.15%	11.46%	12.53%
LONG-TERM LIABILITIES
Long-Term Debt	$291.0K	$1.000M	$1.025M
YoY Change	-71.6%
Other Long-Term Liabilities	$1.058M	$1.100M	$1.108M
YoY Change	-4.51%	266.67%	281.6%
Total Long-Term Liabilities	$1.349M	$2.100M	$2.133M
YoY Change	-36.74%	600.0%	634.35%
TOTAL LIABILITIES
Total Short-Term Liabilities	$31.86M	$10.70M	$10.80M
Total Long-Term Liabilities	$1.349M	$2.100M	$2.133M
Total Liabilities	$33.21M	$12.93M	$12.93M
YoY Change	156.89%	30.8%	30.8%
SHAREHOLDERS EQUITY
Retained Earnings		$1.235M
YoY Change
Common Stock		$15.42K
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$52.80M	$54.57M	$54.57M
YoY Change
Total Liabilities & Shareholders Equity	$86.01M	$67.49M	$67.49M
YoY Change	27.44%	75.91%	75.91%

Cashflow Statement

Concept	2018	2017 Q4	2017
OPERATING ACTIVITIES
Net Income	$7.772M	$1.690M	$4.861M
YoY Change	59.89%	106.1%	59.34%
Depreciation, Depletion And Amortization	$32.53K	$10.00K	$28.36K
YoY Change	14.71%
Cash From Operating Activities	$6.216M	$2.070M	$4.845M
YoY Change	28.31%	61.72%	31.04%
INVESTING ACTIVITIES
Capital Expenditures	$11.59K	-$100.0K	$92.81K
YoY Change	-87.51%	-86.11%
Acquisitions
YoY Change
Other Investing Activities	-$15.58M	-$9.800M	-$28.26M
YoY Change	-44.87%	258.97%	399.53%
Cash From Investing Activities	-$16.84M	-$9.920M	-$28.93M
YoY Change	-41.81%	187.54%	316.75%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net		$15.30M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	9.824M	7.780M	23.48M
YoY Change	-58.16%	1628.89%	689.85%
NET CHANGE
Cash From Operating Activities	6.216M	2.070M	4.845M
Cash From Investing Activities	-16.84M	-9.920M	-28.93M
Cash From Financing Activities	9.824M	7.780M	23.48M
Net Change In Cash	-795.4K	-70.00K	-607.6K
YoY Change	30.89%	-95.93%	123.22%
FREE CASH FLOW
Cash From Operating Activities	$6.216M	$2.070M	$4.845M
Capital Expenditures	$11.59K	-$100.0K	$92.81K
Free Cash Flow	$6.204M	$2.170M	$4.752M
YoY Change	30.57%	8.5%	28.53%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2018Q4	us-gaap	Cash Cash	99310
CY2017Q4	us-gaap	Cash Cash	954223
CY2018Q4	us-gaap	Escrow Deposit EscrowDeposit	12817
CY2017Q4	us-gaap	Escrow Deposit EscrowDeposit	111189
CY2018Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	78011653
CY2017Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	62166937
CY2018Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	879457
CY2017Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	1104022
CY2018Q4	us-gaap	Interest Receivable InterestReceivable	1397038
CY2017Q4	us-gaap	Interest Receivable InterestReceivable	645493
CY2018Q4	us-gaap	Other Receivables OtherReceivables	155000
CY2017Q4	us-gaap	Other Receivables OtherReceivables	234570
CY2018Q4	us-gaap	Due From Affiliates DueFromAffiliates	695218
CY2017Q4	us-gaap	Due From Affiliates DueFromAffiliates	451795
CY2018Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	14866
CY2017Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	4520
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1180107
CY2017Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	501819
CY2018Q4	us-gaap	Real Estate Investments RealEstateInvestments	2943438
CY2017Q4	us-gaap	Real Estate Investments RealEstateInvestments	1224409
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	553597
CY2017Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	95560
CY2018Q4	us-gaap	Assets Assets	86014050
CY2017Q4	us-gaap	Assets Assets	67494537
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	27219123
CY2017Q4	us-gaap	Line Of Credit LineOfCredit	9841613
CY2018Q4	us-gaap	Notes Payable NotesPayable	290984
CY2017Q4	us-gaap	Notes Payable NotesPayable	301101
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	316413
CY2017Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	390758
CY2018Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	7800
CY2017Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	2550
CY2018Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	317324
CY2017Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	519764
CY2018Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	0
CY2017Q4	us-gaap	Notes Payable Related Parties Current And Noncurrent NotesPayableRelatedPartiesCurrentAndNoncurrent	723478
CY2018Q4	us-gaap	Deferred Revenue DeferredRevenue	1058406
CY2017Q4	us-gaap	Deferred Revenue DeferredRevenue	1108400
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	176619
CY2017Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	40592
CY2018Q4	us-gaap	Liabilities Liabilities	33211235
CY2017Q4	us-gaap	Liabilities Liabilities	12928256
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2017Q4	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	15439
CY2017Q4	us-gaap	Common Stock Value CommonStockValue	15416
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53192859
CY2017Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1235093
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	52802815
CY2017Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53315772
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-405483
CY2017Q4	us-gaap	Stockholders Equity StockholdersEquity	54566281
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	86014050
CY2017Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	67494537
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237
CY2017Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	3750000
CY2017Q4	us-gaap	Shares Issued Price Per Share SharesIssuedPricePerShare	4.00
CY2017Q4	us-gaap	Stock Issued During Period Shares New Issues StockIssuedDuringPeriodSharesNewIssues	562500
CY2017Q4	us-gaap	Stock Issued During Period Value New Issues StockIssuedDuringPeriodValueNewIssues	17250000
CY2018	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	8960883
CY2017	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	5434502
CY2018	sach	Origination Fees OriginationFees	1411100
CY2017	sach	Origination Fees OriginationFees	802264
CY2018	sach	Processing Fees ProcessingFees	138317
CY2017	sach	Processing Fees ProcessingFees	124240
CY2018	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	101789
CY2017	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	88364
CY2018	us-gaap	Other Income OtherIncome	837339
CY2017	us-gaap	Other Income OtherIncome	410494
CY2018	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	74864
CY2017	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	179
CY2018	us-gaap	Revenues Revenues	11713370
CY2017	us-gaap	Revenues Revenues	6996877
CY2018	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	1665891
CY2017Q4	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	15300000
CY2018Q4	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000
CY2018	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	24641469
CY2017	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	23948601
CY2018	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18
CY2017Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	63270959
CY2018Q4	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	55993536
CY2018Q4	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	12952075
CY2018Q4	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	9149824
CY2018Q4	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	795675
CY2018Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	78891110
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2943438
CY2017Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	1224409
CY2018Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0400
CY2018Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	43200000
CY2017	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	664134
CY2018	us-gaap	Salaries And Wages SalariesAndWages	0
CY2017	us-gaap	Salaries And Wages SalariesAndWages	35847
CY2018	us-gaap	Professional Fees ProfessionalFees	417312
CY2017	us-gaap	Professional Fees ProfessionalFees	299935
CY2018	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	1248107
CY2017	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	698227
CY2018	us-gaap	Exchange Fees ExchangeFees	33535
CY2017	us-gaap	Exchange Fees ExchangeFees	32083
CY2018	us-gaap	Taxes And Licenses TaxesAndLicenses	20707
CY2017	us-gaap	Taxes And Licenses TaxesAndLicenses	155345
CY2018	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	19000
CY2017	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0
CY2018	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	437011
CY2017	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	222100
CY2018	us-gaap	Costs And Expenses CostsAndExpenses	3941585
CY2017	us-gaap	Costs And Expenses CostsAndExpenses	2136029
CY2018	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.50
CY2017	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.38
CY2018	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.50
CY2017	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.38
CY2018	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15425772
CY2017	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	11956246
CY2018	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15425772
CY2017	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	0
CY2018	us-gaap	Net Income Loss NetIncomeLoss	7771785
CY2017	us-gaap	Net Income Loss NetIncomeLoss	4860848
CY2018	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	137241
CY2017	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	59118
CY2018	us-gaap	Depreciation Depreciation	32529
CY2017	us-gaap	Depreciation Depreciation	28358
CY2018	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	74864
CY2017	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	179
CY2018	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	-98372
CY2017	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	111189
CY2018	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	994900
CY2017	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	166565
CY2018	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-234570
CY2017	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	51728
CY2018	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	10346
CY2017	us-gaap	Increase Decrease In Prepaid Insurance IncreaseDecreaseInPrepaidInsurance	4520
CY2018	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	0
CY2017	us-gaap	Increase Decrease In Due To Related Parties IncreaseDecreaseInDueToRelatedParties	-656296
CY2018	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	136027
CY2017	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	16242
CY2018	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-74345
CY2017	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	194674
CY2018	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-49994
CY2017	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	817944
CY2018	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-116207
CY2017	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	-141995
CY2018	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-1555736
CY2017	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-16136
CY2018	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	6216049
CY2017	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	4844712
CY2018	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	1848558
CY2017	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	530181
CY2018	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	541525
CY2017	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	531961
CY2018	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	11587
CY2017	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	92806
CY2018	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-5250
CY2017	us-gaap	Payments For Proceeds From Investments PaymentsForProceedsFromInvestments	-1750
CY2018	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	42078191
CY2017	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	53468949
CY2018	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-16835254
CY2017	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-28929629
CY2018	sach	Income On Borrower Charges IncomeOnBorrowerCharges	250561
CY2017	sach	Income On Borrower Charges IncomeOnBorrowerCharges	174707
CY2018	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	76302
CY2017	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	61400
CY2018	sach	Income And Other IncomeAndOther	72637
CY2017	sach	Income And Other IncomeAndOther	20843
CY2018	us-gaap	Payments For Rent PaymentsForRent	18000
CY2017Q1	us-gaap	Salaries Wages And Officers Compensation SalariesWagesAndOfficersCompensation	12223
CY2018	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	189078
CY2017	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	136834
CY2018	us-gaap	Share Based Compensation ShareBasedCompensation	37589
CY2018	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	243423
CY2017	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	0
CY2018Q4	us-gaap	Rental Properties RentalProperties	887918
CY2018Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2055520
CY2017Q4	us-gaap	Rental Properties RentalProperties	1224409
CY2017Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	0
CY2018Q2	us-gaap	Defined Contribution Plan Maximum Annual Contributions Per Employee Percent DefinedContributionPlanMaximumAnnualContributionsPerEmployeePercent	0.03
CY2018	us-gaap	Defined Contribution Plan Cost Recognized DefinedContributionPlanCostRecognized	16792
CY2018Q2	sach	Maximum Percentage Of Borrowing Capacity MaximumPercentageOfBorrowingCapacity	0.75
CY2018	sach	Payments For Working Capital PaymentsForWorkingCapital	1400000
CY2018Q4	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	27200000
CY2018	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	148171
CY2017	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	134452
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15438621
CY2017Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15415737
CY2017Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2017Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15438621
CY2017Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15415737
CY2018Q4	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
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2017Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.01
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2017Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018Q4	us-gaap	Restricted Cash RestrictedCash	59549
CY2017Q4	us-gaap	Restricted Cash RestrictedCash	0
CY2018Q4	sach	Deposits On Property Plant And Equipment DepositsOnPropertyPlantAndEquipment	12000
CY2017Q4	sach	Deposits On Property Plant And Equipment DepositsOnPropertyPlantAndEquipment	0
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1200000
CY2017Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	0
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2624566
CY2017Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2017Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2018	us-gaap	Asset Impairment Charges AssetImpairmentCharges	67493
CY2017	us-gaap	Asset Impairment Charges AssetImpairmentCharges	0
CY2016Q4	us-gaap	Members Equity MembersEquity	28485615
CY2017	us-gaap	Partners Capital Account Contributions PartnersCapitalAccountContributions	653646
CY2017	us-gaap	Partners Capital Account Distributions PartnersCapitalAccountDistributions	2460125
CY2017	us-gaap	Stock Issued During Period Value Conversion Of Convertible Securities Net Of Adjustments StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments	-26965236
CY2017Q4	us-gaap	Members Equity MembersEquity	0
CY2018Q4	us-gaap	Members Equity MembersEquity	0
CY2018	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	77564529
CY2017	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	44177225
CY2018	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	60187019
CY2017	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	42449555
CY2018	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	10117
CY2017	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	8899
CY2018	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	6787795
CY2017	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	3339655
CY2018	sach	Preoffering Costs Incurred PreofferingCostsIncurred	0
CY2017	sach	Preoffering Costs Incurred PreofferingCostsIncurred	3258158
CY2018	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	595278
CY2017	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	87202
CY2018	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	0
CY2017	us-gaap	Proceeds From Partnership Contribution ProceedsFromPartnershipContribution	653646
CY2018	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	0
CY2017	sach	Payments Of Partnership Distributions PaymentsOfPartnershipDistributions	2460125
CY2018	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	9823841
CY2017	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	23477277
CY2018	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	0
CY2017	us-gaap	Proceeds From Issuance Initial Public Offering ProceedsFromIssuanceInitialPublicOffering	30250000
CY2018	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-12000
CY2017	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0
CY2018	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	699228
CY2017	us-gaap	Payments To Acquire Land PaymentsToAcquireLand	39923
CY2018	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	0
CY2017	us-gaap	Payments To Acquire Mortgage Notes Receivable PaymentsToAcquireMortgageNotesReceivable	2000000
CY2018	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	0
CY2017	us-gaap	Proceeds From Sale Of Notes Receivable ProceedsFromSaleOfNotesReceivable	2723478
CY2018	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-795364
CY2017	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-607640
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	954223
CY2016Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1561863
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	158859
CY2018	us-gaap	Income Taxes Paid IncomeTaxesPaid	53191
CY2017	us-gaap	Income Taxes Paid IncomeTaxesPaid	0
CY2018	us-gaap	Interest Paid Net InterestPaidNet	1370714
CY2017	us-gaap	Interest Paid Net InterestPaidNet	587442
CY2017Q1	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	6283237
CY2018	us-gaap	Notes Issued1 NotesIssued1	169338
CY2018	sach	Payments To Acquire Real Estate1 PaymentsToAcquireRealEstate1	3173963
CY2018Q2	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	21433
CY2018	us-gaap	Use Of Estimates UseOfEstimates	<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-indent: 0.50in;"><div style="font-family: "times new roman", serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Use of Estimates</div></div></div><div style="font-family: "times new roman", serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-indent: 0.5in; background: none;"><div style="white-space: pre-line; font-family: "times new roman", serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> </div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-indent: 0.50in;"><div style="font-family: "times new roman", serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">The preparation of financial statements in conformity with generally accepted accounting principles in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the financial statements and the reported amounts of revenues and expenses during the reporting period. Management will base the use of estimates on (a) various assumptions that consider its past experience, (b) the Company’s projections regarding future operations and (c) general financial market and local and general economic conditions. Actual amounts could differ from those estimates.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-indent: 0.50in;"><div style="font-family: "times new roman", serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;">Concentrations of Credit Risk</div></div></div><div style="font-family: "times new roman", serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-indent: 0.5in; background: none;"><div style="white-space: pre-line; font-family: "times new roman", serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-style:italic;display:inline;;font-style:italic;display:inline;"> </div></div></div><div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-indent: 0.50in;"><div style="font-family: "times new roman", 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 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", serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-indent: 0.5in; background: none;"><div style="font-family: "times new roman", 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', 'serif';font-size: 10pt;margin-bottom: 0;margin-top: 0;text-indent: 0.50in;"><div style="font-family: "times new roman", 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 4 -- Mortgages Receivable.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2017	us-gaap	Gain Loss On Sale Of Properties GainLossOnSaleOfProperties	19000
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable Current OperatingLeasesFutureMinimumPaymentsReceivableCurrent	60400
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Two Years OperatingLeasesFutureMinimumPaymentsReceivableInTwoYears	19025
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable In Three Years OperatingLeasesFutureMinimumPaymentsReceivableInThreeYears	13200
CY2018Q4	us-gaap	Operating Leases Future Minimum Payments Receivable OperatingLeasesFutureMinimumPaymentsReceivable	92625
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	10645
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	11136
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	11650
CY2018Q4	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	257553
CY2018Q4	us-gaap	Long Term Debt LongTermDebt	290984
CY2018Q2	us-gaap	Line Of Credit LineOfCredit	18512470
CY2018Q4	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0650
CY2018	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	76200
CY2017	us-gaap	Amortization Of Deferred Loan Origination Fees Net AmortizationOfDeferredLoanOriginationFeesNet	74000
CY2018Q4	us-gaap	Number Of Real Estate Properties NumberOfRealEstateProperties	1400000
CY2017	us-gaap	Payments For Rent PaymentsForRent	18000
CY2018	us-gaap	Impairment Of Long Lived Assets To Be Disposed Of ImpairmentOfLongLivedAssetsToBeDisposedOf	16822
CY2017	us-gaap	Share Based Compensation ShareBasedCompensation	0
CY2018	sach	Income From Lender Modification And Extension Fees IncomeFromLenderModificationAndExtensionFees	437839
CY2017	sach	Income From Lender Modification And Extension Fees IncomeFromLenderModificationAndExtensionFees	153544
CY2018	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	-723478
CY2017	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	0
CY2018Q4	us-gaap	Receivable With Imputed Interest Discount ReceivableWithImputedInterestDiscount	1200000
CY2018Q2	us-gaap	Officers Compensation OfficersCompensation	360000
CY2018Q1	us-gaap	Officers Compensation OfficersCompensation	260000
CY2018	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	67493
CY2017	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
CY2018	us-gaap	Noncash Or Part Noncash Acquisition Noncash Financial Or Equity Instrument Consideration Shares Issued1 NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1	155000
CY2018	dei	Document Type DocumentType	10-K
CY2018	dei	Amendment Flag AmendmentFlag	false
CY2018	dei	Document Period End Date DocumentPeriodEndDate	2018-12-31
CY2018	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2018
CY2018	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	FY
CY2018	dei	Entity Registrant Name EntityRegistrantName	Sachem Capital Corp.
CY2018	dei	Entity Central Index Key EntityCentralIndexKey	0001682220
CY2018	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2018	dei	Entity Well Known Seasoned Issuer EntityWellKnownSeasonedIssuer	No
CY2018	dei	Entity Voluntary Filers EntityVoluntaryFilers	No
CY2018	dei	Entity Current Reporting Status EntityCurrentReportingStatus	Yes
CY2018	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2018Q2	dei	Entity Public Float EntityPublicFloat	49547000
CY2018	dei	Trading Symbol TradingSymbol	SACH
CY2019Q1	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	15950256
CY2018	dei	Entity Shell Company EntityShellCompany	false
CY2018	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2018	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2018	dei	Entity Small Business EntitySmallBusiness	true
CY2017	sach	Payment Of Stock Issuance Costs In Connection With Atm PaymentOfStockIssuanceCostsInConnectionWithATM
CY2018	sach	Payment Of Stock Issuance Costs In Connection With Atm PaymentOfStockIssuanceCostsInConnectionWithATM	160479
CY2018	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	74864
CY2018	sach	Employment Agreements Description EmploymentAgreementsDescription	(i) the employment term is five years commencing February 9, 2017, with extensions for successive one-year periods unless either party provides written notice at least 180 days prior to the next anniversary date of its intention to not renew the agreement; (ii) effective as of April 2018, each receives an annual base salary is $360,000, increased from $260,000; (iii) each is entitled to incentive compensation in such amount as determined by the Compensation Committee of the Company’s Board of Directors; (iv) each is entitled to participate in the Company’s employee benefit plans; (v) each is entitled to full indemnification permitted by law; (v) each is subject to a two-year non-competition period following the termination of employment without cause; and (vi) each is entitled to payments upon termination of employment or a change in control.

Files In Submission

Name	View Source	Status
0001144204-19-017051-index-headers.html	Edgar Link	pending
0001144204-19-017051-index.html	Edgar Link	pending
0001144204-19-017051.txt	Edgar Link	pending
0001144204-19-017051-xbrl.zip	Edgar Link	pending
FilingSummary.xml	Edgar Link	unprocessable
Financial_Report.xlsx	Edgar Link	pending
R1.htm	Edgar Link	pending
R10.htm	Edgar Link	pending
R11.htm	Edgar Link	pending
R12.htm	Edgar Link	pending
R13.htm	Edgar Link	pending
R14.htm	Edgar Link	pending
R15.htm	Edgar Link	pending
R16.htm	Edgar Link	pending
R17.htm	Edgar Link	pending
R18.htm	Edgar Link	pending
R19.htm	Edgar Link	pending
R2.htm	Edgar Link	pending
R20.htm	Edgar Link	pending
R21.htm	Edgar Link	pending
R22.htm	Edgar Link	pending
R23.htm	Edgar Link	pending
R24.htm	Edgar Link	pending
R25.htm	Edgar Link	pending
R26.htm	Edgar Link	pending
R27.htm	Edgar Link	pending
R28.htm	Edgar Link	pending
R29.htm	Edgar Link	pending
R3.htm	Edgar Link	pending
R30.htm	Edgar Link	pending
R31.htm	Edgar Link	pending
R32.htm	Edgar Link	pending
R33.htm	Edgar Link	pending
R34.htm	Edgar Link	pending
R35.htm	Edgar Link	pending
R36.htm	Edgar Link	pending
R37.htm	Edgar Link	pending
R38.htm	Edgar Link	pending
R39.htm	Edgar Link	pending
R4.htm	Edgar Link	pending
R40.htm	Edgar Link	pending
R41.htm	Edgar Link	pending
R42.htm	Edgar Link	pending
R43.htm	Edgar Link	pending
R44.htm	Edgar Link	pending
R45.htm	Edgar Link	pending
R46.htm	Edgar Link	pending
R47.htm	Edgar Link	pending
R48.htm	Edgar Link	pending
R49.htm	Edgar Link	pending
R5.htm	Edgar Link	pending
R50.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-20181231.xml	Edgar Link	completed
sach-20181231.xsd	Edgar Link	pending
sach-20181231_cal.xml	Edgar Link	unprocessable
sach-20181231_def.xml	Edgar Link	unprocessable
sach-20181231_lab.xml	Edgar Link	unprocessable
sach-20181231_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv516997_10k.htm	Edgar Link	pending
tv516997_ex23-1.htm	Edgar Link	pending
tv516997_ex31-1.htm	Edgar Link	pending
tv516997_ex31-2.htm	Edgar Link	pending
tv516997_ex32-1.htm	Edgar Link	pending
tv516997_ex32-2.htm	Edgar Link	pending

Create your account

Find Stocks Worth Researching

Deeply Understand Businesses

Value Businesses Intelligently

$SACH
Sachem Capital Corp. Stock $sach

2018 Form 10-K Financial Statement

#000114420419017051 Filed on March 29, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2018 Form 10-K Financial Statement

#000114420419017051 Filed on March 29, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach