$SACH
Sachem Capital Corp. Stock $sach

$sach Overview Financials Valuation SEC Filings Company Website

2019 Q1 Form 10-Q Financial Statement

#000114420419025667 Filed on May 13, 2019

Income Statement

Concept	2019 Q1	2018 Q4	2018 Q1
Revenue	$3.347M	$2.934M	$2.717M
YoY Change	23.2%	32.17%	110.72%
Cost Of Revenue	$645.5K	$573.9K	$260.0K
YoY Change	148.28%	719.79%	18.18%
Gross Profit	$2.669M	$2.360M	$2.420M
YoY Change	10.28%	9.78%	139.6%
Gross Profit Margin	79.73%	80.44%	89.08%
Selling, General & Admin	$637.8K	$659.5K	$480.0K
YoY Change	32.87%	-23.31%	182.35%
% of Gross Profit	23.9%	27.94%	19.83%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$7.503K	$12.23K	$7.634K
YoY Change	-1.72%	22.3%	48.06%
% of Gross Profit	0.28%	0.52%	0.32%
Operating Expenses	$619.6K	$678.4K	$440.0K
YoY Change	40.83%	47.47%	193.33%
Operating Profit	$2.049M	$1.682M	$1.980M
YoY Change	3.49%	-0.48%	130.23%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net			-$40.00K
YoY Change			33.33%
Pretax Income	$2.056M	$1.637M	$1.970M
YoY Change	4.38%	-3.13%	118.89%
Income Tax
% Of Pretax Income
Net Earnings	$2.056M	$1.637M	$1.973M
YoY Change	4.24%	-3.13%	119.97%
Net Earnings / Revenue	61.43%	55.8%	72.61%
Basic Earnings Per Share	$0.13		$0.13
Diluted Earnings Per Share	$0.13	$106.0K	$0.13
COMMON SHARES
Basic Shares Outstanding	15.58M	15.44M shares	15.42M
Diluted Shares Outstanding	15.58M		15.42M

Balance Sheet

Concept	2019 Q1	2018 Q4	2018 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments	$0.00	$99.31K	$600.0K
YoY Change	-100.0%	-90.07%	-57.14%
Cash & Equivalents	$1.069M	$158.9K	$562.5K
Short-Term Investments
Other Short-Term Assets	$85.38K	$14.87K	$0.00
YoY Change
Inventory
Prepaid Expenses
Receivables	$1.822M	$1.552M	$800.0K
Other Receivables	$787.3K	$695.2K	$400.0K
Total Short-Term Assets	$2.694M	$2.361M	$1.800M
YoY Change	49.68%	2.67%	-18.18%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.327M	$1.180M	$496.2K
YoY Change	167.52%	135.17%	-70.81%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments		$0.00
YoY Change
Other Assets	$1.588M	$626.0K	$300.0K
YoY Change	429.34%	212.98%	-57.14%
Total Long-Term Assets	$89.63M	$83.65M	$71.63M
YoY Change	25.12%	28.31%	68.54%
TOTAL ASSETS
Total Short-Term Assets	$2.694M	$2.361M	$1.800M
Total Long-Term Assets	$89.63M	$83.65M	$71.63M
Total Assets	$92.32M	$86.01M	$73.43M
YoY Change	25.73%	27.44%	64.27%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$100.0K	$300.0K	$200.0K
YoY Change	-50.0%	-25.0%	-33.33%
Accrued Expenses	$324.7K	$493.0K	$200.0K
YoY Change	62.36%	23.26%	-33.33%
Deferred Revenue
YoY Change
Short-Term Debt	$30.50M	$27.22M	$14.10M
YoY Change	116.31%	177.75%	235.71%
Long-Term Debt Due	$12.81K	$0.00
YoY Change
Total Short-Term Liabilities	$33.33M	$31.86M	$17.00M
YoY Change	96.06%	197.77%	209.09%
LONG-TERM LIABILITIES
Long-Term Debt	$871.5K	$291.0K	$300.0K
YoY Change	190.5%	-70.9%	50.0%
Other Long-Term Liabilities	$1.027M	$1.058M	$1.200M
YoY Change	-14.38%	-3.78%	200.0%
Total Long-Term Liabilities	$1.899M	$1.349M	$1.500M
YoY Change	26.59%	-35.74%	150.0%
TOTAL LIABILITIES
Total Short-Term Liabilities	$33.33M	$31.86M	$17.00M
Total Long-Term Liabilities	$1.899M	$1.349M	$1.500M
Total Liabilities	$35.23M	$33.21M	$18.51M
YoY Change	90.33%	156.89%	205.62%
SHAREHOLDERS EQUITY
Retained Earnings	$1.651M	-$405.5K
YoY Change		-132.83%
Common Stock	$15.95K	$15.44K	$15.42K
YoY Change	3.46%	0.15%	38.85%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity	$57.09M	$52.80M	$54.92M
YoY Change
Total Liabilities & Shareholders Equity	$92.32M	$86.01M	$73.40M
YoY Change	25.78%	27.44%	64.36%

Cashflow Statement

Concept	2019 Q1	2018 Q4	2018 Q1
OPERATING ACTIVITIES
Net Income	$2.056M	$1.637M	$1.973M
YoY Change	4.24%	-3.13%	119.97%
Depreciation, Depletion And Amortization	$7.503K	$12.23K	$7.634K
YoY Change	-1.72%	22.3%	48.06%
Cash From Operating Activities	$1.166M	$2.451M	$1.303M
YoY Change	-10.52%	18.38%	283.86%
INVESTING ACTIVITIES
Capital Expenditures	$141.9K	-$816.1K	$1.987K
YoY Change	7042.63%	716.15%	-101.66%
Acquisitions
YoY Change
Other Investing Activities	-$4.221M	$64.62K	-$4.310M
YoY Change	-2.07%	-100.66%	-29.23%
Cash From Investing Activities	-$4.725M	-$751.5K	-$4.325M
YoY Change	9.27%	-92.42%	-30.42%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net	$2.228M		$0.00
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	4.470M	-2.084M	2.630M
YoY Change	69.97%	-126.79%	-53.62%
NET CHANGE
Cash From Operating Activities	1.166M	2.451M	1.303M
Cash From Investing Activities	-4.725M	-751.5K	-4.325M
Cash From Financing Activities	4.470M	-2.084M	2.630M
Net Change In Cash	910.5K	-385.0K	-391.7K
YoY Change	-332.45%	450.07%	90.19%
FREE CASH FLOW
Cash From Operating Activities	$1.166M	$2.451M	$1.303M
Capital Expenditures	$141.9K	-$816.1K	$1.987K
Free Cash Flow	$1.024M	$3.267M	$1.301M
YoY Change	-21.29%	50.54%	183.18%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value
CY2019Q1	us-gaap	Cash Cash	0
CY2018Q4	us-gaap	Cash Cash	99310
CY2019Q1	us-gaap	Escrow Deposit EscrowDeposit	0
CY2018Q4	us-gaap	Escrow Deposit EscrowDeposit	12817
CY2019Q1	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	80878265
CY2018Q4	us-gaap	Mortgage Loans On Real Estate MortgageLoansOnRealEstate	78011653
CY2019Q1	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	869627
CY2018Q4	sach	Mortgages Receivable From Affiliate MortgagesReceivableFromAffiliate	879457
CY2019Q1	us-gaap	Interest Receivable InterestReceivable	1691605
CY2018Q4	us-gaap	Interest Receivable InterestReceivable	1397038
CY2019Q1	us-gaap	Other Receivables OtherReceivables	130000
CY2018Q4	us-gaap	Other Receivables OtherReceivables	155000
CY2019Q1	us-gaap	Due From Affiliates DueFromAffiliates	787264
CY2018Q4	us-gaap	Due From Affiliates DueFromAffiliates	695218
CY2019Q1	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	85378
CY2018Q4	us-gaap	Prepaid Expense Current And Noncurrent PrepaidExpenseCurrentAndNoncurrent	14866
CY2019Q1	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1327336
CY2018Q4	us-gaap	Property Plant And Equipment Net PropertyPlantAndEquipmentNet	1180107
CY2019Q1	us-gaap	Real Estate Investments RealEstateInvestments	4912263
CY2018Q4	us-gaap	Real Estate Investments RealEstateInvestments	2943438
CY2019Q1	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	518635
CY2018Q4	us-gaap	Deferred Finance Costs Net DeferredFinanceCostsNet	553597
CY2019Q1	us-gaap	Line Of Credit LineOfCredit	30382546
CY2018Q4	us-gaap	Line Of Credit LineOfCredit	27219123
CY2019Q1	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	128593
CY2018Q4	us-gaap	Accounts Payable And Accrued Liabilities Current And Noncurrent AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent	316413
CY2019Q1	us-gaap	Cash Fdic Insured Amount CashFDICInsuredAmount	250000
CY2017Q1	us-gaap	Business Acquisition Equity Interests Issued Or Issuable Number Of Shares Issued BusinessAcquisitionEquityInterestsIssuedOrIssuableNumberOfSharesIssued	6283237
CY2019Q1	sach	Mortgage Loans On Real Estate Default Interest Rate MortgageLoansOnRealEstateDefaultInterestRate	0.18
CY2019Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	81747892
CY2018Q4	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	78891110
CY2019Q1	sach	Maturities Of Mortagage Receivable Year One MaturitiesOfMortagageReceivableYearOne	46421681
CY2019Q1	sach	Maturities Of Mortagage Receivable Year Two MaturitiesOfMortagageReceivableYearTwo	24677513
CY2019Q1	sach	Maturities Of Mortagage Receivable Year Three MaturitiesOfMortagageReceivableYearThree	8540755
CY2019Q1	sach	Maturities Of Mortagage Receivable Year Four MaturitiesOfMortagageReceivableYearFour	2107943
CY2019Q1	us-gaap	Mortgage Loans On Real Estate Commercial And Consumer Net MortgageLoansOnRealEstateCommercialAndConsumerNet	81747892
CY2019Q1	us-gaap	Security Deposit Liability SecurityDepositLiability	7800
CY2018Q4	us-gaap	Security Deposit Liability SecurityDepositLiability	7800
CY2019Q1	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	267284
CY2018Q4	us-gaap	Advance Payments By Borrowers For Taxes And Insurance AdvancePaymentsByBorrowersForTaxesAndInsurance	317324
CY2019Q1	us-gaap	Deferred Revenue DeferredRevenue	1027392
CY2018Q4	us-gaap	Deferred Revenue DeferredRevenue	1058406
CY2019Q1	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	196120
CY2018Q4	us-gaap	Interest Payable Current And Noncurrent InterestPayableCurrentAndNoncurrent	176619
CY2019Q1	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2018Q4	us-gaap	Preferred Stock Value PreferredStockValue	0
CY2019Q1	us-gaap	Common Stock Value CommonStockValue	15950
CY2018Q4	us-gaap	Common Stock Value CommonStockValue	15439
CY2019Q1	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	55424167
CY2018Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	53192859
CY2019Q1	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	1650721
CY2018Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	-405483
CY2019Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	2751080
CY2018Q1	us-gaap	Interest And Fee Income Loans And Leases InterestAndFeeIncomeLoansAndLeases	1962373
CY2019Q1	sach	Origination Fees OriginationFees	364717
CY2018Q1	sach	Origination Fees OriginationFees	348548
CY2019Q1	sach	Processing Fees ProcessingFees	34795
CY2018Q1	sach	Processing Fees ProcessingFees	33130
CY2019Q1	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	25649
CY2018Q1	us-gaap	Rental Income Nonoperating RentalIncomeNonoperating	43756
CY2019Q1	us-gaap	Other Income OtherIncome	117140
CY2018Q1	us-gaap	Other Income OtherIncome	294747
CY2019Q1	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	7149
CY2018Q1	sach	Gain On Sale Of Real Estate Investement GainOnSaleOfRealEstateInvestement	0
CY2019Q1	us-gaap	Revenues Revenues	3347027
CY2018Q1	us-gaap	Revenues Revenues	2716650
CY2019Q1	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	621048
CY2018Q1	sach	Interest And Amortization Of Debt Service Costs InterestAndAmortizationOfDebtServiceCosts	222956
CY2019Q1	us-gaap	Professional Fees ProfessionalFees	88114
CY2018Q1	us-gaap	Professional Fees ProfessionalFees	116322
CY2019Q1	us-gaap	Taxes And Licenses TaxesAndLicenses	14193
CY2018Q1	us-gaap	Taxes And Licenses TaxesAndLicenses	34480
CY2019Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	0
CY2018Q1	us-gaap	Excise And Sales Taxes ExciseAndSalesTaxes	19000
CY2019Q1	us-gaap	Depreciation Depreciation	7503
CY2018Q1	us-gaap	Depreciation Depreciation	7634
CY2019Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	165451
CY2018Q1	us-gaap	General And Administrative Expense GeneralAndAdministrativeExpense	98033
CY2019Q1	us-gaap	Costs And Expenses CostsAndExpenses	1290823
CY2018Q1	us-gaap	Costs And Expenses CostsAndExpenses	744000
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	2056204
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	1972650
CY2019Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2018Q1	us-gaap	Earnings Per Share Basic EarningsPerShareBasic	0.13
CY2019Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2018Q1	us-gaap	Earnings Per Share Diluted EarningsPerShareDiluted	0.13
CY2019Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15579126
CY2018Q1	us-gaap	Weighted Average Number Of Shares Outstanding Basic WeightedAverageNumberOfSharesOutstandingBasic	15415737
CY2019Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15579126
CY2018Q1	us-gaap	Weighted Average Number Of Diluted Shares Outstanding WeightedAverageNumberOfDilutedSharesOutstanding	15415737
CY2019Q1	us-gaap	Net Income Loss NetIncomeLoss	2056204
CY2018Q1	us-gaap	Net Income Loss NetIncomeLoss	1972650
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	47076
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	14558
CY2019Q1	us-gaap	Depreciation Depreciation	7503
CY2018Q1	us-gaap	Depreciation Depreciation	7634
CY2019Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	7149
CY2018Q1	us-gaap	Gains Losses On Sales Of Investment Real Estate GainsLossesOnSalesOfInvestmentRealEstate	0
CY2019Q1	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	-12817
CY2018Q1	sach	Increase Decrease In Escrow Deposit IncreaseDecreaseInEscrowDeposit	64141
CY2019Q1	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	649157
CY2018Q1	sach	Increase Decrease In Interest And Fees Receivable IncreaseDecreaseInInterestAndFeesReceivable	134023
CY2019Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-25000
CY2018Q1	us-gaap	Increase Decrease In Other Receivables IncreaseDecreaseInOtherReceivables	-256966
CY2019Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	19501
CY2018Q1	us-gaap	Increase Decrease In Interest Payable Net IncreaseDecreaseInInterestPayableNet	-40771
CY2019Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-187820
CY2018Q1	us-gaap	Increase Decrease In Accrued Liabilities IncreaseDecreaseInAccruedLiabilities	-231740
CY2019Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	-31014
CY2018Q1	us-gaap	Increase Decrease In Deferred Revenue IncreaseDecreaseInDeferredRevenue	60222
CY2019Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	69438
CY2018Q1	us-gaap	Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance	213522
CY2019Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-890140
CY2018Q1	us-gaap	Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities	-669504
CY2019Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1166064
CY2018Q1	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	1303146
CY2019Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	124808
CY2018Q1	us-gaap	Proceeds From Sale Of Real Estate ProceedsFromSaleOfRealEstate	0
CY2019Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	362776
CY2018Q1	us-gaap	Payments To Acquire Real Estate PaymentsToAcquireRealEstate	11000
CY2019Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	141924
CY2018Q1	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	1987
CY2019Q1	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	12827043
CY2018Q1	sach	Payments To Acquire Mortgage Receivable PaymentsToAcquireMortgageReceivable	10345784
CY2019Q1	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	8481663
CY2018Q1	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	6034243
CY2019Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4725272
CY2018Q1	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-4324528
CY2019Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	19740078
CY2018Q1	us-gaap	Proceeds From Lines Of Credit ProceedsFromLinesOfCredit	13288435
CY2019Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	16576655
CY2018Q1	us-gaap	Repayments Of Lines Of Credit RepaymentsOfLinesOfCredit	8982583
CY2019Q1	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	0
CY2018Q1	us-gaap	Increase Decrease In Notes Payable Current IncreaseDecreaseInNotesPayableCurrent	-723478
CY2018Q1	sach	Proceeds From Collection Of Mortagage Receivable ProceedsFromCollectionOfMortagageReceivable	6034243
CY2019Q1	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	4912263
CY2018Q4	us-gaap	Real Estate Investment Property At Cost RealEstateInvestmentPropertyAtCost	2943438
CY2018Q2	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0400
CY2018Q2	us-gaap	Line Of Credit Facility Maximum Borrowing Capacity LineOfCreditFacilityMaximumBorrowingCapacity	43200000
CY2018Q2	us-gaap	Line Of Credit LineOfCredit	18512470
CY2019Q1	us-gaap	Debt Instrument Interest Rate Stated Percentage DebtInstrumentInterestRateStatedPercentage	0.0649
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Next Twelve Months LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths	11025
CY2019Q1	us-gaap	Long Term Debt LongTermDebt	795000
CY2019Q1	sach	Income On Borrower Charges IncomeOnBorrowerCharges	4034
CY2018Q1	sach	Income On Borrower Charges IncomeOnBorrowerCharges	60245
CY2019Q1	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	29150
CY2018Q1	sach	Income On Inhouse Legal Fees IncomeOnInhouseLegalFees	34900
CY2019Q1	sach	Income And Other IncomeAndOther	22707
CY2018Q1	sach	Income And Other IncomeAndOther	16082
CY2019Q1	us-gaap	Other Income OtherIncome	117140
CY2018Q1	us-gaap	Other Income OtherIncome	294747
CY2019Q1	us-gaap	Payments For Rent PaymentsForRent	4500
CY2019Q1	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	384227
CY2018Q1	sach	Compensation Fees And Taxes CompensationFeesAndTaxes	245575
CY2019Q1	us-gaap	Exchange Fees ExchangeFees	10287
CY2018Q1	us-gaap	Exchange Fees ExchangeFees	0
CY2019Q1	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	46497
CY2018Q1	sach	Revenues From Fees And Commissions RevenuesFromFeesAndCommissions	34096
CY2019Q1	us-gaap	Share Based Compensation ShareBasedCompensation	4103
CY2019Q1	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	92045
CY2018Q1	us-gaap	Increase Decrease In Finance Receivables IncreaseDecreaseInFinanceReceivables	0
CY2019Q1	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	290984
CY2018Q1	us-gaap	Payments For Proceeds From Mortgage Deposits PaymentsForProceedsFromMortgageDeposits	2532
CY2019Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	12113
CY2018Q1	us-gaap	Payment Of Financing And Stock Issuance Costs PaymentOfFinancingAndStockIssuanceCosts	55000
CY2019Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	4469742
CY2018Q1	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	2629667
CY2019Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	-37881
CY2018Q1	us-gaap	Increase Decrease In Security Deposits IncreaseDecreaseInSecurityDeposits	0
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	910534
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-391715
CY2018Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	158859
CY2017Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	954223
CY2018Q1	us-gaap	Share Based Compensation ShareBasedCompensation	0
CY2019Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
CY2018Q1	us-gaap	Goodwill Impairment Loss GoodwillImpairmentLoss	0
CY2019Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0
CY2018Q1	us-gaap	Income Taxes Paid IncomeTaxesPaid	0
CY2019Q1	us-gaap	Interest Paid Net InterestPaidNet	573670
CY2018Q1	us-gaap	Interest Paid Net InterestPaidNet	208398
CY2019Q1	us-gaap	Restricted Cash RestrictedCash	1069393
CY2018Q4	us-gaap	Restricted Cash RestrictedCash	59549
CY2019Q1	sach	Deposits On Property Plant And Equipment DepositsOnPropertyPlantAndEquipment	49881
CY2018Q4	sach	Deposits On Property Plant And Equipment DepositsOnPropertyPlantAndEquipment	12000
CY2019Q1	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2018Q4	us-gaap	Commitments And Contingencies CommitmentsAndContingencies
CY2019Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2217000
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1200000
CY2019Q1	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	0
CY2018Q4	us-gaap	Dividends Payable Current And Noncurrent DividendsPayableCurrentAndNoncurrent	2624566
CY2019Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	2624566
CY2018Q1	us-gaap	Payments Of Ordinary Dividends PaymentsOfOrdinaryDividends	1618653
CY2019Q1	us-gaap	Rental Properties RentalProperties	948226
CY2019Q1	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	3964037
CY2018Q4	us-gaap	Rental Properties RentalProperties	887918
CY2018Q4	us-gaap	Real Estate Heldforsale RealEstateHeldforsale	2055520
CY2018Q2	sach	Maximum Percentage Of Borrowing Capacity MaximumPercentageOfBorrowingCapacity	0.75
CY2019Q1	sach	Payments For Working Capital PaymentsForWorkingCapital	1400000
CY2019Q1	us-gaap	Lines Of Credit Current LinesOfCreditCurrent	30400000
CY2019Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	26252
CY2018Q1	us-gaap	Interest Expense Related Party InterestExpenseRelatedParty	32847
CY2019Q1	us-gaap	Other Commitment OtherCommitment	5632837
CY2019Q1	sach	Income On Lender Fees IncomeOnLenderFees	40865
CY2018Q1	sach	Income On Lender Fees IncomeOnLenderFees	138495
CY2019Q1	sach	Income On Modification Fees IncomeOnModificationFees	20384
CY2018Q1	sach	Income On Modification Fees IncomeOnModificationFees	45025
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Two LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo	17249
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal After Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive	709432
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Three LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree	18142
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Four LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour	19082
CY2019Q1	us-gaap	Long Term Debt Maturities Repayments Of Principal In Year Five LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive	20070
CY2019Q1	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: 0.25in;"><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: 0.25in; 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-left: 0.25in;margin-top: 0;text-indent: 0.25in;"><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 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>
CY2019Q1	us-gaap	Concentration Risk Credit Risk ConcentrationRiskCreditRisk	<div style="font-family: 'times new roman', 'serif';font-size: 10pt;margin-bottom: 0;margin-left: 0.25in;margin-top: 0;"><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-left: 0.25in; margin-top: 0px; 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-left: 0.25in;margin-top: 0;text-indent: 0.25in;"><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 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", serif; font-size: 10pt; margin-bottom: 0px; margin-left: 0.25in; margin-top: 0px; text-indent: 0.25in; 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-left: 0.25in;margin-top: 0;text-indent: 0.25in;"><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 3, below, entitled “Mortgages Receivable.”</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q1	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	0
CY2019Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	70512
CY2018Q1	us-gaap	Increase Decrease In Prepaid Expense IncreaseDecreaseInPrepaidExpense	28253
CY2018Q1	us-gaap	Payments For Rent PaymentsForRent	4500
CY2019Q1	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2018Q4	us-gaap	Preferred Stock Shares Authorized PreferredStockSharesAuthorized	5000000
CY2019Q1	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2018Q4	us-gaap	Preferred Stock Shares Issued PreferredStockSharesIssued	0
CY2019Q1	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2018Q4	us-gaap	Common Stock Shares Authorized CommonStockSharesAuthorized	50000000
CY2019Q1	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15950256
CY2018Q4	us-gaap	Common Stock Shares Issued CommonStockSharesIssued	15438621
CY2019Q1	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15950256
CY2018Q4	us-gaap	Common Stock Shares Outstanding CommonStockSharesOutstanding	15438621
CY2019Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	47076
CY2018Q1	us-gaap	Amortization Of Financing Costs AmortizationOfFinancingCosts	14558
CY2019Q1	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2018Q4	us-gaap	Preferred Stock Par Or Stated Value Per Share PreferredStockParOrStatedValuePerShare	0.001
CY2019Q1	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2018Q4	us-gaap	Common Stock Par Or Stated Value Per Share CommonStockParOrStatedValuePerShare	0.001
CY2019Q1	us-gaap	Bank Overdrafts BankOverdrafts	117781
CY2018Q4	us-gaap	Bank Overdrafts BankOverdrafts	0
CY2019Q1	us-gaap	Capital Lease Obligations CapitalLeaseObligations	12808
CY2018Q4	us-gaap	Capital Lease Obligations CapitalLeaseObligations	0
CY2019Q1	us-gaap	Increase Decrease In Due To Officers And Stockholders IncreaseDecreaseInDueToOfficersAndStockholders	0
CY2019Q1	sach	Mortgage Payable MortgagePayable	795000
CY2018Q4	sach	Mortgage Payable MortgagePayable	290984
CY2019Q1	us-gaap	Notes Payable NotesPayable	76485
CY2018Q4	us-gaap	Notes Payable NotesPayable	0
CY2019Q1	sach	Proceeds From Notes Sold To Shareholder ProceedsFromNotesSoldToShareholder	1017000
CY2018Q1	sach	Proceeds From Notes Sold To Shareholder ProceedsFromNotesSoldToShareholder	0
CY2019Q1	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt	117781
CY2018Q1	us-gaap	Proceeds From Bank Debt ProceedsFromBankDebt
CY2019Q1	us-gaap	Proceeds From Mortgage Deposits ProceedsFromMortgageDeposits	795000
CY2019Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	76485
CY2018Q1	us-gaap	Proceeds From Mortgage Deposits ProceedsFromMortgageDeposits	0
CY2018Q1	us-gaap	Proceeds From Notes Payable ProceedsFromNotesPayable	0
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2227716
CY2018Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	0
CY2019Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	1069393
CY2018Q1	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	562508
CY2018Q1	us-gaap	Notes Issued1 NotesIssued1	2000000
CY2019Q1	sach	Payments To Acquire Real Estate1 PaymentsToAcquireRealEstate1	1962669
CY2019Q1	us-gaap	Capital Expenditures Incurred But Not Yet Paid CapitalExpendituresIncurredButNotYetPaid	13005
CY2019Q1	us-gaap	Proceeds From Issuance Of Common Stock ProceedsFromIssuanceOfCommonStock	2227716
CY2018Q4	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	1200000
CY2019Q1	us-gaap	Due To Related Parties Current And Noncurrent DueToRelatedPartiesCurrentAndNoncurrent	2217000
CY2019Q1	dei	Document Type DocumentType	10-Q
CY2019Q1	dei	Amendment Flag AmendmentFlag	false
CY2019Q1	dei	Document Period End Date DocumentPeriodEndDate	2019-03-31
CY2019Q1	dei	Document Fiscal Year Focus DocumentFiscalYearFocus	2019
CY2019Q1	dei	Document Fiscal Period Focus DocumentFiscalPeriodFocus	Q1
CY2019Q1	dei	Entity Registrant Name EntityRegistrantName	Sachem Capital Corp.
CY2019Q1	dei	Entity Central Index Key EntityCentralIndexKey	0001682220
CY2019Q1	dei	Current Fiscal Year End Date CurrentFiscalYearEndDate	--12-31
CY2019Q1	dei	Entity Filer Category EntityFilerCategory	Non-accelerated Filer
CY2019Q1	dei	Trading Symbol TradingSymbol	SACH
CY2019Q2	dei	Entity Common Stock Shares Outstanding EntityCommonStockSharesOutstanding	18905586
CY2019Q1	dei	Entity Emerging Growth Company EntityEmergingGrowthCompany	true
CY2019Q1	dei	Entity Ex Transition Period EntityExTransitionPeriod	false
CY2019Q1	dei	Entity Small Business EntitySmallBusiness	true
CY2019Q1	us-gaap	Stockholders Equity StockholdersEquity	57090838
CY2018Q4	us-gaap	Stockholders Equity StockholdersEquity	52802815
CY2019Q1	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	92319647
CY2018Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	86014050
CY2019Q1	us-gaap	Assets Assets	92319647
CY2018Q4	us-gaap	Assets Assets	86014050
CY2019Q1	us-gaap	Liabilities Liabilities	35228809
CY2018Q4	us-gaap	Liabilities Liabilities	33211235
CY2019Q1	us-gaap	Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate	0.90

Files In Submission

Name	View Source	Status
0001144204-19-025667-index-headers.html	Edgar Link	pending
0001144204-19-025667-index.html	Edgar Link	pending
0001144204-19-025667.txt	Edgar Link	pending
0001144204-19-025667-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
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-20190331.xml	Edgar Link	completed
sach-20190331.xsd	Edgar Link	pending
sach-20190331_cal.xml	Edgar Link	unprocessable
sach-20190331_def.xml	Edgar Link	unprocessable
sach-20190331_lab.xml	Edgar Link	unprocessable
sach-20190331_pre.xml	Edgar Link	unprocessable
Show.js	Edgar Link	pending
tv520950_10q.htm	Edgar Link	pending
tv520950_ex31-1.htm	Edgar Link	pending
tv520950_ex31-2.htm	Edgar Link	pending
tv520950_ex32-1.htm	Edgar Link	pending
tv520950_ex32-2.htm	Edgar Link	pending

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$SACH
Sachem Capital Corp. Stock $sach

2019 Q1 Form 10-Q Financial Statement

#000114420419025667 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH Sachem Capital Corp. Stock $sach

2019 Q1 Form 10-Q Financial Statement

#000114420419025667 Filed on May 13, 2019

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$SACH
Sachem Capital Corp. Stock $sach