2024 Q1 Form 10-K Financial Statement

#000141057824000381 Filed on April 01, 2024

View on sec.gov

Income Statement

Concept 2024 Q1 2023 Q4 2023
Revenue $17.20M $16.91M $65.61M
YoY Change 16.95% 6.44% 25.51%
Cost Of Revenue $7.469M $7.495M $29.19M
YoY Change 8.68% 15.9% 35.45%
Gross Profit $9.732M $9.414M $36.42M
YoY Change 24.21% -0.05% 18.53%
Gross Profit Margin 56.58% 55.67% 55.51%
Selling, General & Admin $3.182M $3.610M $12.22M
YoY Change 18.84% 32.37% 45.31%
% of Gross Profit 32.7% 38.35% 33.57%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $73.67K $96.33K $266.3K
YoY Change 83.58% 141.55% 150.28%
% of Gross Profit 0.76% 1.02% 0.73%
Operating Expenses $5.050M $10.32M $19.64M
YoY Change 76.42% 249.77% 119.23%
Operating Profit $4.681M -$911.2K $16.78M
YoY Change -5.85% -114.09% -22.91%
Interest Expense $397.0K
YoY Change
% of Operating Profit 8.48%
Other Income/Expense, Net $556.6K $1.033M
YoY Change 564.87% 89.56%
Pretax Income $4.670M -$1.109M $15.90M
YoY Change -8.79% -117.68% -23.96%
Income Tax $190.0K $90.44K
% Of Pretax Income 4.07% 0.57%
Net Earnings $4.670M -$2.088M $12.10M
YoY Change -8.79% -139.01% -42.11%
Net Earnings / Revenue 27.15% -12.35% 18.45%
Basic Earnings Per Share $0.08 $0.27
Diluted Earnings Per Share $0.08 -$0.05 $0.27
COMMON SHARES
Basic Shares Outstanding 47.45M 45.36M 44.24M
Diluted Shares Outstanding 47.33M 44.24M

Balance Sheet

Concept 2024 Q1 2023 Q4 2023
SHORT-TERM ASSETS
Cash & Short-Term Investments $18.41M $12.60M $12.60M
YoY Change -11.68% -46.87% -46.87%
Cash & Equivalents $18.41M $12.60M
Short-Term Investments
Other Short-Term Assets $235.3K $511.0K $511.0K
YoY Change -48.77% 7.12% 24.53%
Inventory
Prepaid Expenses
Receivables $13.42M $8.475M $8.475M
Other Receivables $6.632M $7.519M $7.519M
Total Short-Term Assets $38.90M $29.10M $29.10M
YoY Change 4.67% -25.81% -25.81%
LONG-TERM ASSETS
Property, Plant & Equipment $3.331M $3.373M $3.373M
YoY Change -30.5% -18.15% -18.15%
Goodwill $391.0K $391.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $95.92M $91.37M $91.37M
YoY Change 34.8% 64.9% 64.9%
Other Assets $661.0K $694.8K $694.8K
YoY Change 122.36% 1173.68% 1173.68%
Total Long-Term Assets $587.6M $596.4M $596.4M
YoY Change 4.96% 13.3% 13.3%
TOTAL ASSETS
Total Short-Term Assets $38.90M $29.10M $29.10M
Total Long-Term Assets $587.6M $596.4M $596.4M
Total Assets $626.5M $625.5M $625.5M
YoY Change 4.95% 10.59% 10.59%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.737M $1.331M $1.331M
YoY Change 9.46% 19.89% 19.89%
Accrued Expenses $476.9K $482.4K $482.4K
YoY Change 13.92% 49.15% 49.15%
Deferred Revenue
YoY Change
Short-Term Debt $62.25M $61.79M $61.79M
YoY Change 355.26% 1622.25% 1622.25%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $74.18M $80.26M $80.26M
YoY Change 174.81% 296.22% 296.22%
LONG-TERM LIABILITIES
Long-Term Debt $309.9M $309.9M $309.9M
YoY Change -7.86% -4.16% -4.16%
Other Long-Term Liabilities $5.021M $5.312M $5.312M
YoY Change 7.27% 21.82% 21.82%
Total Long-Term Liabilities $314.9M $315.2M $315.2M
YoY Change -7.66% -3.81% -3.81%
TOTAL LIABILITIES
Total Short-Term Liabilities $74.18M $80.26M $80.26M
Total Long-Term Liabilities $314.9M $315.2M $315.2M
Total Liabilities $389.1M $395.5M $395.5M
YoY Change 5.73% 13.65% 13.65%
SHAREHOLDERS EQUITY
Retained Earnings -$16.47M -$20.12M
YoY Change 161.82% 151.6%
Common Stock $47.45K $46.77K
YoY Change 8.43% 13.8%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $237.4M $230.1M $230.1M
YoY Change
Total Liabilities & Shareholders Equity $626.5M $625.5M $625.5M
YoY Change 4.95% 10.59% 10.59%

Cashflow Statement

Concept 2024 Q1 2023 Q4 2023
OPERATING ACTIVITIES
Net Income $4.670M -$2.088M $12.10M
YoY Change -8.79% -139.01% -42.11%
Depreciation, Depletion And Amortization $73.67K $96.33K $266.3K
YoY Change 83.58% 141.55% 150.28%
Cash From Operating Activities $4.217M $2.916M $21.86M
YoY Change -15.83% 292.56% 66.22%
INVESTING ACTIVITIES
Capital Expenditures $14.51K $19.59K $229.6K
YoY Change -97.96% -93.77% -85.48%
Acquisitions
YoY Change
Other Investing Activities $4.334M -$4.889M -$72.26M
YoY Change -113.08% -38.87% -54.22%
Cash From Investing Activities $4.319M -$4.908M -$72.49M
YoY Change -112.72% -40.95% -54.56%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $22.79M
YoY Change -42.0%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.721M -11.21M 39.52M
YoY Change -110.64% 168.07% -69.17%
NET CHANGE
Cash From Operating Activities 4.217M 2.916M 21.86M
Cash From Investing Activities 4.319M -4.908M -72.49M
Cash From Financing Activities -2.721M -11.21M 39.52M
Net Change In Cash 5.815M -13.20M -11.11M
YoY Change -272.02% 12.37% -39.02%
FREE CASH FLOW
Cash From Operating Activities $4.217M $2.916M $21.86M
Capital Expenditures $14.51K $19.59K $229.6K
Free Cash Flow $4.202M $2.896M $21.63M
YoY Change -2.24% 576.25% 86.96%

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5144203
CY2023 us-gaap Net Income Loss
NetIncomeLoss
15899153
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
230074693
CY2023 us-gaap Profit Loss
ProfitLoss
15899153
CY2022 us-gaap Profit Loss
ProfitLoss
20908651
CY2023 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2415405
CY2022 us-gaap Amortization Of Financing Costs
AmortizationOfFinancingCosts
2104093
CY2023 us-gaap Depreciation
Depreciation
266331
CY2022 us-gaap Depreciation
Depreciation
106414
CY2023 sach Write Off Of Dead Deal Costs
WriteOffOfDeadDealCosts
477047
CY2023 us-gaap Share Based Compensation
ShareBasedCompensation
822231
CY2022 us-gaap Share Based Compensation
ShareBasedCompensation
495015
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
5571612
CY2022 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
105000
CY2023 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
808561
CY2023 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
794462
CY2022 us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
799909
CY2023 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
-88115
CY2022 us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
44752
CY2023 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
835818
CY2022 us-gaap Debt Securities Available For Sale Unrealized Gain Loss
DebtSecuritiesAvailableForSaleUnrealizedGainLoss
-2963760
CY2022 us-gaap Debt Securities Available For Sale Realized Gain Loss
DebtSecuritiesAvailableForSaleRealizedGainLoss
521662
CY2023 sach Increase Decrease In Interest And Fees Receivable
IncreaseDecreaseInInterestAndFeesReceivable
2285064
CY2022 sach Increase Decrease In Interest And Fees Receivable
IncreaseDecreaseInInterestAndFeesReceivable
2616200
CY2023 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
3504390
CY2022 us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
3599779
CY2023 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
334253
CY2022 us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
1605951
CY2022 sach Increase Decrease In Accrued Dividends Payable
IncreaseDecreaseInAccruedDividendsPayable
-1414560
CY2023 us-gaap Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
100649
CY2023 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
158973
CY2022 us-gaap Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
158687
CY2023 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
220757
CY2022 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
766723
CY2023 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
286850
CY2022 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-283038
CY2023 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
1106187
CY2022 us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-5173950
CY2023 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
5956357
CY2022 us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
-7760291
CY2023 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
21855510
CY2022 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13148360
CY2023 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
30415304
CY2022 us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
51651930
CY2023 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
18120095
CY2022 us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
85113227
CY2023 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
12235563
CY2022 us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
24775342
CY2023 sach Payments For Acquisitions Of And Improvements To Real Estate Owned Net
PaymentsForAcquisitionsOfAndImprovementsToRealEstateOwnedNet
-450420
CY2022 sach Payments For Acquisitions Of And Improvements To Real Estate Owned Net
PaymentsForAcquisitionsOfAndImprovementsToRealEstateOwnedNet
-2090879
CY2023 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
229587
CY2022 us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
126442
CY2023 sach Proceeds From Sale Purchases Of Property And Equipment Net
ProceedsFromSalePurchasesOfPropertyAndEquipmentNet
515391
CY2022 sach Proceeds From Sale Purchases Of Property And Equipment Net
ProceedsFromSalePurchasesOfPropertyAndEquipmentNet
-1581350
CY2023 us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
10845107
CY2023 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
204884592
CY2022 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
300277303
CY2023 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
167036071
CY2022 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
131840244
CY2022 sach Other Assets Pre Offering Costs
OtherAssetsPreOfferingCosts
170606
CY2023 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-72488176
CY2022 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-159538623
CY2023 sach Proceeds From Lines Of Credits
ProceedsFromLinesOfCredits
58204436
CY2022 sach Proceeds From Lines Of Credits
ProceedsFromLinesOfCredits
-29590137
CY2023 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-16072368
CY2022 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
23446277
CY2023 us-gaap Proceeds From Issuance Of First Mortgage Bond
ProceedsFromIssuanceOfFirstMortgageBond
331303
CY2023 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
6014
CY2022 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
24907
CY2023 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
21932500
CY2022 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
18809722
CY2023 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3795389
CY2022 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3687062
CY2023 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
20450874
CY2022 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
39291945
CY2023 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
226327
CY2023 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
2563810
CY2022 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
-70000
CY2022 sach Proceeds From Issuance Of Fixed Rate Notes
ProceedsFromIssuanceOfFixedRateNotes
122125000
CY2022 sach Financing Costs Incurred In Connection With Fixed Rate Notes
FinancingCostsIncurredInConnectionWithFixedRateNotes
4516931
CY2023 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
39517825
CY2022 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
128164463
CY2023 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-11114841
CY2022 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-18225800
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23713097
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
41938897
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12598256
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23713097
CY2023 us-gaap Interest Paid Net
InterestPaidNet
26615523
CY2022 us-gaap Interest Paid Net
InterestPaidNet
19286819
CY2023 sach Dividends Declared And Payable
DividendsDeclaredAndPayable
5144203
CY2022 sach Dividends Declared And Payable
DividendsDeclaredAndPayable
5342360
CY2023Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1756125
CY2022Q4 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1376733
CY2023 us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
2576855
CY2023 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q4 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
68100000
CY2022Q4 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
24000000.0
CY2023 sach Financing Receivable Provision For Credit Losses On Pre Adoption
FinancingReceivableProvisionForCreditLossesOnPreAdoption
105000
CY2023 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
5496713
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523160
CY2023 sach Interest And Fees Receivable Credit Loss Expense Reversal
InterestAndFeesReceivableCreditLossExpenseReversal
93962
CY2023Q4 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
120089
CY2023 sach Due From Borrowers Credit Loss Expense Reversal
DueFromBorrowersCreditLossExpenseReversal
-5563
CY2023Q4 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
-14337
CY2023 sach Unfunded Commitments Credit Loss Expense Reversal
UnfundedCommitmentsCreditLossExpenseReversal
-13500
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2023 sach Financing Receivable Provision For Credit Losses On Pre Adoption
FinancingReceivableProvisionForCreditLossesOnPreAdoption
105000
CY2023 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
5571612
CY2023Q4 sach Financing Receivable Excluding Accrued Interest And Unfunded Commitments Allowance For Credit Losses
FinancingReceivableExcludingAccruedInterestAndUnfundedCommitmentsAllowanceForCreditLosses
8166186
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
808561
CY2022Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
CY2023 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
808561
CY2022 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Allowance For Credit Loss Not Previously Recorded
DebtSecuritiesAvailableForSaleExcludingAccruedInterestAllowanceForCreditLossNotPreviouslyRecorded
0
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
839280
CY2022Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
813650
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1647841
CY2023Q4 sach Effect Of Implementation Of Cecl Standard On Earnings Per Share
EffectOfImplementationOfCeclStandardOnEarningsPerShare
0.15
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3782369
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
408884
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3373485
CY2022Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4490312
CY2022Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
368591
CY2022Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
4121721
CY2022Q4 us-gaap Goodwill
Goodwill
400000
CY2023Q4 us-gaap Goodwill
Goodwill
400000
CY2022 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
90440
CY2022 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2022Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2023Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2023 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44244988
CY2023 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
44244988
CY2022 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
37741657
CY2022Q4 us-gaap Class Of Warrant Or Right Outstanding
ClassOfWarrantOrRightOutstanding
7512
CY2022 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
37749169
CY2022 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.46
CY2022 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.46
CY2023 us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt 0pt 9.1pt 0pt;"><i style="font-style:italic;">Reclassifications</i></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;font-style:italic;text-indent:36pt;margin:0pt 0pt 12pt 0pt;"><span style="font-style:normal;">Certain amounts included in the December 31, 2022 consolidated financial statements have been reclassified to conform to the December 31, 2023 presentation.</span></p>
CY2023Q4 sach Stocks And Exchange Traded Funds Fair Value Disclosure
StocksAndExchangeTradedFundsFairValueDisclosure
1755219
CY2023Q4 sach Mutual Funds Fair Value Disclosure
MutualFundsFairValueDisclosure
16236445
CY2023Q4 us-gaap Debt Securities
DebtSecurities
19784368
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
37776032
CY2022Q4 sach Stocks And Exchange Traded Funds Fair Value Disclosure
StocksAndExchangeTradedFundsFairValueDisclosure
4728724
CY2022Q4 sach Mutual Funds Fair Value Disclosure
MutualFundsFairValueDisclosure
14850839
CY2022Q4 us-gaap Debt Securities
DebtSecurities
4996899
CY2022Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
24576462
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
808561
CY2022Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
530987
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
808561
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
35200000
CY2023 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
315614
CY2022Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
561490
CY2021Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
476016
CY2022 sach Reversal Of Losses From Unrealized To Realized
ReversalOfLossesFromUnrealizedToRealized
310000
CY2023 sach Other Comprehensive Income Loss Reclassification Adjustment From Aoci To Provision For Credit Losses
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAociToProvisionForCreditLosses
808561
CY2023 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
68543
CY2022 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-395474
CY2023 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
68543
CY2022 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Before Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentBeforeTax
-85474
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-315614
CY2022Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
561490
CY2023Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
40500000
CY2022Q4 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
40000000.0
CY2023 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
204884592
CY2022 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
300277303
CY2023 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
167036071
CY2022 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
131840244
CY2023Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
37400000
CY2023 sach Mortgage Loans On Real Estate Default Interest Rate
MortgageLoansOnRealEstateDefaultInterestRate
0.18
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
105000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Allowance For Credit Loss Loan Purchased
FinancingReceivableExcludingAccruedInterestAllowanceForCreditLossLoanPurchased
5058000
CY2023 us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
439000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
CY2023Q4 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
460738000
CY2022Q4 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
105000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
460633000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
CY2023Q4 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
460738000
CY2022Q4 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
105000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
460633000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
CY2023Q4 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1.000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
86742000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
173756000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
201967000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
16780000
CY2023Q4 sach Financing Receivable Excluding Accrued Interest Originated More Than Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFourYearsBeforeCurrentFiscalYear
19990000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
460738000
CY2022Q4 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1.000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
206845000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
184413000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
37540000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
16378000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
16562000
CY2022Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
105000
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
460633000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
123769000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
288534000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearThree
86836000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Five
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearFive
96000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
311
CY2023Q4 sach Mortgage Loans In Process Of Foreclosure Number
MortgageLoansInProcessOfForeclosureNumber
56
CY2023Q4 us-gaap Financing Receivable Accrued Interest After Allowance For Credit Loss
FinancingReceivableAccruedInterestAfterAllowanceForCreditLoss
68100000
CY2023Q4 sach Reserve Against Loan Foreclosure
ReserveAgainstLoanForeclosure
6200000
CY2022Q4 sach Reserve Against Loan Foreclosure
ReserveAgainstLoanForeclosure
0
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
444
CY2022Q4 sach Mortgage Loans In Process Of Foreclosure Number
MortgageLoansInProcessOfForeclosureNumber
40
CY2022Q4 us-gaap Mortgage Loans In Process Of Foreclosure Amount
MortgageLoansInProcessOfForeclosureAmount
24000000.0
CY2023Q4 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
18700000
CY2023Q4 us-gaap Land
Land
3956786
CY2023Q4 us-gaap Investment Building And Building Improvements
InvestmentBuildingAndBuildingImprovements
4904866
CY2023Q4 us-gaap Land Improvements
LandImprovements
353262
CY2023Q4 us-gaap Tenant Improvements
TenantImprovements
1182842
CY2023Q4 us-gaap Development In Process
DevelopmentInProcess
156705
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10554461
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216149
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-794462
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-799909
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216149
CY2021Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
6559010
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1756125
CY2022 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1376733
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
229587
CY2022 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
126443
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
3027275
CY2022 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
2090880
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-794462
CY2022 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-799909
CY2023 sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
93869
CY2022 sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
44752
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216149
CY2023Q4 us-gaap Rental Properties
RentalProperties
800000
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
2661519
CY2022Q4 us-gaap Rental Properties
RentalProperties
801394
CY2022Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
4414755
CY2023 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
7
CY2023 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
87633
CY2022 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
5
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
482389
CY2022Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
323416
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2321535
CY2022 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
-44752
CY2023Q4 sach Number Of Real Estate Properties Held For Rental
NumberOfRealEstatePropertiesHeldForRental
1
CY2023 sach Real Estate Lease Term
RealEstateLeaseTerm
P5Y
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
511022
CY2022Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
410373
CY2023Q4 us-gaap Other Receivables
OtherReceivables
1922513
CY2022Q4 us-gaap Other Receivables
OtherReceivables
3519804
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
4737064
CY2022Q4 us-gaap Other Assets Current
OtherAssetsCurrent
477048
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
307868
CY2022Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
54548
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
386923
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
568460
CY2023Q4 us-gaap Goodwill
Goodwill
391000
CY2022Q4 us-gaap Goodwill
Goodwill
391000
CY2023Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130400
CY2022Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130400
CY2023Q4 us-gaap Other Assets
OtherAssets
8955250
CY2022Q4 us-gaap Other Assets
OtherAssets
4983173
CY2023 sach Debt Instrument Number Of First Line Mortgage Loans
DebtInstrumentNumberOfFirstLineMortgageLoans
14
CY2023Q4 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
50600000
CY2022 sach Debt Instrument Number Of First Line Mortgage Loans
DebtInstrumentNumberOfFirstLineMortgageLoans
32
CY2022Q4 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
77800000
CY2023Q4 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
10000000
CY2023Q4 sach Percentage Of Asset Coverage Ratio
PercentageOfAssetCoverageRatio
1.50
CY2023Q4 sach Notes Issued Denomination
NotesIssuedDenomination
25.00
CY2023 sach Threshold Percentage Of Taxable Income To Prohibit Distribution
ThresholdPercentageOfTaxableIncomeToProhibitDistribution
0.90
CY2023 sach Threshold Asset Coverage Ratio
ThresholdAssetCoverageRatio
1.50
CY2023 sach Period Of Written Notice To Redeem Notes Without Premium Or Penalty
PeriodOfWrittenNoticeToRedeemNotesWithoutPremiumOrPenalty
P30D
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
58163000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
56363750
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
51750000
CY2023Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
122125000
CY2023Q4 us-gaap Long Term Debt
LongTermDebt
288401750
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6048490
CY2023Q4 us-gaap Notes Payable
NotesPayable
282353260
CY2023Q4 sach Estimated Amortization Of Deferred Financing Costs In Next Twelve Months
EstimatedAmortizationOfDeferredFinancingCostsInNextTwelveMonths
2336228
CY2023Q4 sach Estimated Amortization Of Deferred Financing Costs In Year Two
EstimatedAmortizationOfDeferredFinancingCostsInYearTwo
1807606
CY2023Q4 sach Estimated Amortization Of Deferred Financing Costs In Year Three
EstimatedAmortizationOfDeferredFinancingCostsInYearThree
1410319
CY2023Q4 sach Estimated Amortization Of Deferred Financing Costs In Year Four
EstimatedAmortizationOfDeferredFinancingCostsInYearFour
494337
CY2023Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
6048490
CY2023Q4 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1330546
CY2022Q4 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1109789
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2022Q4 us-gaap Other Notes Payable
OtherNotesPayable
6014
CY2017Q1 us-gaap Officers Compensation
OfficersCompensation
260000
CY2018Q2 us-gaap Officers Compensation
OfficersCompensation
360000
CY2021Q2 us-gaap Officers Compensation
OfficersCompensation
500000
CY2022Q2 us-gaap Officers Compensation
OfficersCompensation
750000
CY2017Q1 sach Employment Agreement Non Competition Period
EmploymentAgreementNonCompetitionPeriod
P2Y
CY2022Q3 us-gaap Officers Compensation
OfficersCompensation
325000
CY2023 sach Number Of Mortgage Properties
NumberOfMortgageProperties
3
CY2022Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
1439219
CY2023 sach Late And Other Fees Income
LateAndOtherFeesIncome
719235
CY2022 sach Late And Other Fees Income
LateAndOtherFeesIncome
415728
CY2023 sach Income From Processing Fees
IncomeFromProcessingFees
120940
CY2022 sach Income From Processing Fees
IncomeFromProcessingFees
194000
CY2023 sach Rental Income Loss Net
RentalIncomeLossNet
53200
CY2022 sach Rental Income Loss Net
RentalIncomeLossNet
65847
CY2023 sach Extension Fees
ExtensionFees
1235920
CY2022 sach Extension Fees
ExtensionFees
666036
CY2023 sach Construction Servicing Fees
ConstructionServicingFees
1015148
CY2023 sach Project Fees Income
ProjectFeesIncome
562750
CY2023 sach Other Fees
OtherFees
133907
CY2022 sach Other Fees
OtherFees
316407
CY2023 sach Income From Legal Fees
IncomeFromLegalFees
432210
CY2022 sach Income From Legal Fees
IncomeFromLegalFees
321555
CY2023 us-gaap Other Income
OtherIncome
539319
CY2022 us-gaap Other Income
OtherIncome
989544
CY2023 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
4812629
CY2022 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
2969117
CY2017Q1 sach Employment Agreement Term
EmploymentAgreementTerm
P5Y
CY2017Q1 sach Employment Agreement Extension Term
EmploymentAgreementExtensionTerm
P1Y
CY2017Q1 sach Employment Agreement Notice Period For Non Renewal
EmploymentAgreementNoticePeriodForNonRenewal
P180D
CY2023Q4 sach Amount Of Mortgage Receivable
AmountOfMortgageReceivable
800000
CY2018Q2 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.03
CY2023 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
170973
CY2022 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
92831
CY2023Q4 sach Investment In Partnership Total Representing Three Limited Liability Companies
InvestmentInPartnershipTotalRepresentingThreeLimitedLiabilityCompanies
43000000.0
CY2023Q4 sach Number Of Limited Liability Companies Managed By Commercial Real Estate Finance Company
NumberOfLimitedLiabilityCompaniesManagedByCommercialRealEstateFinanceCompany
5
CY2023 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
3521721
CY2022 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
1809564
CY2023Q4 sach Unfunded Partnership Commitments
UnfundedPartnershipCommitments
3900000
CY2023 sach Write Off Of Other Assets Pre Offering Costs Deemed Worthless
WriteOffOfOtherAssetsPreOfferingCostsDeemedWorthless
477047
CY2023 sach Maximum Threshold Period For Redemption Of Preference Stock
MaximumThresholdPeriodForRedemptionOfPreferenceStock
P120D
CY2023Q4 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
72575000

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