2024 Q2 Form 10-Q Financial Statement

#000141057824000719 Filed on May 10, 2024

View on sec.gov

Income Statement

Concept 2024 Q2 2024 Q1 2023 Q1
Revenue $15.15M $17.20M $14.71M
YoY Change -7.97% 16.95% 42.77%
Cost Of Revenue $6.973M $7.469M $6.873M
YoY Change -2.32% 8.68% 75.75%
Gross Profit $8.173M $9.732M $7.835M
YoY Change -12.3% 24.21% 22.79%
Gross Profit Margin 53.96% 56.58% 53.27%
Selling, General & Admin $2.623M $3.182M $2.677M
YoY Change -8.92% 18.84% 64.67%
% of Gross Profit 32.09% 32.7% 34.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $94.83K $73.67K $40.13K
YoY Change 36.7% 83.58% 80.46%
% of Gross Profit 1.16% 0.76% 0.51%
Operating Expenses $11.49M $5.050M $2.863M
YoY Change 260.4% 76.42% 68.11%
Operating Profit -$3.315M $4.681M $4.972M
YoY Change -154.06% -5.85% 6.29%
Interest Expense $61.00K $397.0K
YoY Change
% of Operating Profit 8.48%
Other Income/Expense, Net $259.0K $556.6K $83.72K
YoY Change 21.7% 564.87% -15.66%
Pretax Income -$3.056M $4.670M $5.120M
YoY Change -153.63% -8.79% 17.67%
Income Tax $0.00 $190.0K $0.00
% Of Pretax Income 4.07% 0.0%
Net Earnings -$3.056M $4.670M $5.120M
YoY Change -153.63% -8.79% 17.67%
Net Earnings / Revenue -20.18% 27.15% 34.81%
Basic Earnings Per Share -$0.09 $0.08 $0.10
Diluted Earnings Per Share -$0.09 $0.08 $0.10
COMMON SHARES
Basic Shares Outstanding 47.45M 47.45M 43.76M
Diluted Shares Outstanding 47.50M 47.33M 42.79M

Balance Sheet

Concept 2024 Q2 2024 Q1 2023 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $10.58M $18.41M $20.85M
YoY Change -30.09% -11.68% -63.97%
Cash & Equivalents $10.58M $18.41M $20.33M
Short-Term Investments $517.0K
Other Short-Term Assets $66.00K $235.3K $459.3K
YoY Change -88.37% -48.77% 100.5%
Inventory
Prepaid Expenses
Receivables $13.27M $13.42M $6.646M
Other Receivables $6.853M $6.632M $9.780M
Total Short-Term Assets $31.01M $38.90M $37.16M
YoY Change -8.5% 4.67% -43.89%
LONG-TERM ASSETS
Property, Plant & Equipment $3.277M $3.331M $4.792M
YoY Change -27.74% -30.5% 122.53%
Goodwill $391.0K $391.0K $391.0K
YoY Change 0.0% 0.0%
Intangibles
YoY Change
Long-Term Investments $60.65M $95.92M $71.16M
YoY Change -16.45% 34.8% 34.46%
Other Assets $627.0K $661.0K $297.3K
YoY Change 134.01% 122.36% 91.12%
Total Long-Term Assets $555.3M $587.6M $559.8M
YoY Change -5.9% 4.96% 34.73%
TOTAL ASSETS
Total Short-Term Assets $31.01M $38.90M $37.16M
Total Long-Term Assets $555.3M $587.6M $559.8M
Total Assets $586.3M $626.5M $597.0M
YoY Change -6.04% 4.95% 23.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.253M $1.737M $1.587M
YoY Change -23.21% 9.46% 209.69%
Accrued Expenses $442.0K $476.9K $418.6K
YoY Change -10.22% 13.92% 46.05%
Deferred Revenue
YoY Change
Short-Term Debt $55.00M $62.25M $13.67M
YoY Change 53.2% 355.26% -41.26%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $66.69M $74.18M $26.99M
YoY Change 31.78% 174.81% -33.69%
LONG-TERM LIABILITIES
Long-Term Debt $283.9M $309.9M $336.3M
YoY Change -16.38% -7.86% 42.05%
Other Long-Term Liabilities $5.512M $5.021M $4.681M
YoY Change 14.46% 7.27% -4.0%
Total Long-Term Liabilities $289.5M $314.9M $341.0M
YoY Change -15.95% -7.66% 41.12%
TOTAL LIABILITIES
Total Short-Term Liabilities $66.69M $74.18M $26.99M
Total Long-Term Liabilities $289.5M $314.9M $341.0M
Total Liabilities $356.2M $389.1M $368.0M
YoY Change -9.83% 5.73% 30.33%
SHAREHOLDERS EQUITY
Retained Earnings -$25.81M -$16.47M -$6.289M
YoY Change 257.38% 161.82% 302.45%
Common Stock $48.00K $47.45K $43.76K
YoY Change 9.53% 8.43% 23.21%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $230.2M $237.4M $229.0M
YoY Change
Total Liabilities & Shareholders Equity $586.3M $626.5M $597.0M
YoY Change -6.04% 4.95% 23.92%

Cashflow Statement

Concept 2024 Q2 2024 Q1 2023 Q1
OPERATING ACTIVITIES
Net Income -$3.056M $4.670M $5.120M
YoY Change -153.63% -8.79% 17.67%
Depreciation, Depletion And Amortization $94.83K $73.67K $40.13K
YoY Change 36.7% 83.58% 80.46%
Cash From Operating Activities $6.962M $4.217M $5.009M
YoY Change -1.6% -15.83% -33.7%
INVESTING ACTIVITIES
Capital Expenditures $11.49K $14.51K $710.9K
YoY Change -87.03% -97.96% 19333.65%
Acquisitions
YoY Change
Other Investing Activities $23.23M $4.334M -$33.14M
YoY Change -174.65% -113.08% -31.33%
Cash From Investing Activities $23.21M $4.319M -$33.96M
YoY Change -174.4% -112.72% -29.91%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -38.01M -2.721M 25.57M
YoY Change -300.87% -110.64% -55.0%
NET CHANGE
Cash From Operating Activities 6.962M 4.217M 5.009M
Cash From Investing Activities 23.21M 4.319M -33.96M
Cash From Financing Activities -38.01M -2.721M 25.57M
Net Change In Cash -7.836M 5.815M -3.381M
YoY Change 50.59% -272.02% -121.23%
FREE CASH FLOW
Cash From Operating Activities $6.962M $4.217M $5.009M
Capital Expenditures $11.49K $14.51K $710.9K
Free Cash Flow $6.951M $4.202M $4.299M
YoY Change -0.52% -2.24% -43.08%

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CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5815145
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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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
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
18413401
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20332516
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
6851147
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
6191398
CY2024Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
374000
CY2023Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1186663
CY2024Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2023Q1 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
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CY2024Q1 sach Interest And Fees Receivable Credit Loss Expense Reversal
InterestAndFeesReceivableCreditLossExpenseReversal
207846
CY2024Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
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CY2023Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
39884300
CY2023Q1 sach Other Assets Pre Offering Costs
OtherAssetsPreOfferingCosts
-25111
CY2024Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
4319189
CY2023Q1 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
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CY2024Q1 sach Proceeds From Lines Of Credits
ProceedsFromLinesOfCredits
459013
CY2023Q1 sach Proceeds From Lines Of Credits
ProceedsFromLinesOfCredits
10086036
CY2024Q1 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
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CY2023Q1 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
11522349
CY2024Q1 us-gaap Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
-19583
CY2023Q1 us-gaap Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
910000
CY2023Q1 us-gaap Repayments Of Notes Payable
RepaymentsOfNotesPayable
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CY2024Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2023Q1 us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
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CY2024Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
1021526
CY2023Q1 us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
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CY2024Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1556182
CY2023Q1 us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
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CY2024Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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CY2023Q1 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
25565074
CY2024Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
5815145
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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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
CY2023Q1 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
20332516
CY2024Q1 us-gaap Interest Paid Net
InterestPaidNet
6851147
CY2023Q1 us-gaap Interest Paid Net
InterestPaidNet
6191398
CY2024Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
374000
CY2023Q1 us-gaap Real Estate Acquired Through Foreclosure
RealEstateAcquiredThroughForeclosure
1186663
CY2024Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2024Q1 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
1109803
CY2023Q1 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
352459
CY2024Q1 sach Due From Borrowers Credit Loss Expense Reversal
DueFromBorrowersCreditLossExpenseReversal
542345
CY2024Q1 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
894804
CY2023Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2024Q1 sach Unfunded Commitments Credit Loss Expense Reversal
UnfundedCommitmentsCreditLossExpenseReversal
31741
CY2024Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
540341
CY2023Q1 sach Financing Receivable Excluding Accrued Interest And Unfunded Commitments Allowance For Credit Losses
FinancingReceivableExcludingAccruedInterestAndUnfundedCommitmentsAllowanceForCreditLosses
9286176
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1312024
CY2024Q1 sach Financing Receivable Excluding Accrued Interest And Unfunded Commitments Allowance For Credit Losses
FinancingReceivableExcludingAccruedInterestAndUnfundedCommitmentsAllowanceForCreditLosses
10598200
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
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CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
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CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
821052
CY2023Q1 sach Financing Receivable Excluding Accrued Interest And Unfunded Commitments Allowance For Credit Losses
FinancingReceivableExcludingAccruedInterestAndUnfundedCommitmentsAllowanceForCreditLosses
9286176
CY2024Q1 us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
1312024
CY2024Q1 sach Financing Receivable Excluding Accrued Interest And Unfunded Commitments Allowance For Credit Losses
FinancingReceivableExcludingAccruedInterestAndUnfundedCommitmentsAllowanceForCreditLosses
10598200
CY2024Q1 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
72900000
CY2023Q4 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
68100000
CY2024Q1 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
7300000
CY2023Q4 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
6200000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523160
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
530092
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053252
CY2023Q1 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
901957
CY2024Q1 sach Interest And Fees Receivable Credit Loss Expense Reversal
InterestAndFeesReceivableCreditLossExpenseReversal
207846
CY2024Q1 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
1109803
CY2023Q1 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
352459
CY2024Q1 sach Due From Borrowers Credit Loss Expense Reversal
DueFromBorrowersCreditLossExpenseReversal
542345
CY2024Q1 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
894804
CY2023Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2024Q1 sach Unfunded Commitments Credit Loss Expense Reversal
UnfundedCommitmentsCreditLossExpenseReversal
31741
CY2024Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
540341
CY2024Q1 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
72900000
CY2023Q4 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
68100000
CY2024Q1 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
7300000
CY2023Q4 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
6200000
CY2023Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523160
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
530092
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1130518
CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1647841
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1647841
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3796874
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
466221
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3330653
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
CY2023Q1 us-gaap Goodwill
Goodwill
400000
CY2024Q1 us-gaap Goodwill
Goodwill
400000
CY2023Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
19200000
CY2024Q1 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
190328
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
147403000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
201776000
CY2023Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
1130518
CY2023Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1647841
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1647841
CY2024Q1 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3796874
CY2024Q1 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
466221
CY2024Q1 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3330653
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
CY2023Q1 us-gaap Goodwill
Goodwill
400000
CY2024Q1 us-gaap Goodwill
Goodwill
400000
CY2023Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q1 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1.000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
18056000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
92642000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
190025
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47326384
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42792509
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2024Q1 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 12pt 0pt;"><b style="font-weight:bold;">Reclassifications</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Certain amounts included in the March 31, 2024 and December 31, 2023 consolidated financial statements have been reclassified to conform to the March 31, 2024 presentation.</p>
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
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CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
808561
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
CY2024Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
190025
CY2023Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q1 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47326384
CY2024Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.08
CY2023Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
42792509
CY2023Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.10
CY2024Q1 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 12pt 0pt;"><b style="font-weight:bold;">Reclassifications</b></p><p style="font-family:'Times New Roman','Times','serif';font-size:10pt;text-indent:36pt;margin:0pt;">Certain amounts included in the March 31, 2024 and December 31, 2023 consolidated financial statements have been reclassified to conform to the March 31, 2024 presentation.</p>
CY2024Q1 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
826789
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
808561
CY2024Q1 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2024Q1 us-gaap Debt Securities Available For Sale Excluding Accrued Interest Current
DebtSecuritiesAvailableForSaleExcludingAccruedInterestCurrent
19200000
CY2024Q1 us-gaap Available For Sale Debt Securities Gross Unrealized Gain
AvailableForSaleDebtSecuritiesGrossUnrealizedGain
190328
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 srt Financing Receivable Before Allowance For Credit Loss To Total Percent
FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1.000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
18056000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
92642000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
147403000
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
CY2024Q1 sach Reversal Of Losses From Unrealized To Realized
ReversalOfLossesFromUnrealizedToRealized
212097
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-337382
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
91637
CY2024Q1 sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
125285
CY2023Q1 sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
-91637
CY2024Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
190329
CY2023Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-469853
CY2024Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
41100000
CY2023Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
38600000
CY2024Q1 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
42700000
CY2023Q1 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
58900000
CY2024Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
51400000
CY2023Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
39900000
CY2024Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
38100000
CY2023Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
29900000
CY2024Q1 sach Mortgage Loans On Real Estate Default Interest Rate
MortgageLoansOnRealEstateDefaultInterestRate
0.18
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
530000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
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
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
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
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
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
CY2024Q1 sach Reversal Of Losses From Unrealized To Realized
ReversalOfLossesFromUnrealizedToRealized
212097
CY2024Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-337382
CY2023Q1 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
91637
CY2024Q1 sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
125285
CY2023Q1 sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
-91637
CY2024Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
190329
CY2023Q1 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-469853
CY2024Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
41100000
CY2023Q1 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
38600000
CY2024Q1 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
42700000
CY2023Q1 sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
58900000
CY2024Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
51400000
CY2023Q1 sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
39900000
CY2024Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
38100000
CY2023Q1 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
29900000
CY2024Q1 sach Mortgage Loans On Real Estate Default Interest Rate
MortgageLoansOnRealEstateDefaultInterestRate
0.18
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
530000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
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
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2024Q1 sach Financing Receivable Percentage Of Portfolio
FinancingReceivablePercentageOfPortfolio
1.000
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
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
201776000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
30866000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
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 Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
86742000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
173756000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
201967000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
16780000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
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
CY2024Q1 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
346167000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
412303000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
126654000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
86836000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearThree
17829000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearThree
93000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearThree
96000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
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
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q1 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
273
CY2024Q1 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
273
CY2024Q1 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
72
CY2024Q1 sach Mortgage Loans Percentage Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansPercentageOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
0.264
CY2024Q1 sach Mortgage Loans Amount Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansAmountOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
140700000
CY2024Q1 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
72
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
311
CY2023Q4 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
89
CY2023 sach Mortgage Loans Percentage Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansPercentageOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
0.286
CY2023Q4 sach Mortgage Loans Amount Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansAmountOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
123800000
CY2024Q1 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P8M15D
CY2023Q1 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P8M15D
CY2024Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
26100000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
30866000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
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 Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
86742000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
173756000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
201967000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
16780000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
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
CY2024Q1 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
346167000
CY2023Q4 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
412303000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
126654000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
86836000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearThree
17829000
CY2024Q1 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearThree
93000
CY2023Q4 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearThree
96000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
490743000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
CY2024Q1 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
8053000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
CY2024Q1 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
482690000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q1 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
273
CY2024Q1 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
273
CY2024Q1 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
72
CY2024Q1 sach Mortgage Loans Percentage Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansPercentageOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
0.264
CY2024Q1 sach Mortgage Loans Amount Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansAmountOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
140700000
CY2024Q1 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
72
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
311
CY2023Q4 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
89
CY2023 sach Mortgage Loans Percentage Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansPercentageOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
0.286
CY2023Q4 sach Mortgage Loans Amount Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansAmountOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
123800000
CY2024Q1 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P8M15D
CY2023Q1 us-gaap Financing Receivable Modified Weighted Average Term Increase From Modification
FinancingReceivableModifiedWeightedAverageTermIncreaseFromModification
P8M15D
CY2024Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
26100000
CY2023Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
24000000.0
CY2024Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
11339982
CY2024Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
73673
CY2024Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
11266309
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10591297
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
36836
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10554461
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
73673
CY2024Q1 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3703519
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2024Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216149
CY2024Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
374000
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1756125
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
229587
CY2023Q1 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
24000000.0
CY2024Q1 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
11339982
CY2024Q1 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
73673
CY2024Q1 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
11266309
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10591297
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
36836
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10554461
CY2024Q1 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
73673
CY2024Q1 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3703519
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2023Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2024Q1 us-gaap Operating Lease Impairment Loss
OperatingLeaseImpairmentLoss
0
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216149
CY2024Q1 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
374000
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1756125
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
229587
CY2024Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
121146
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
3039749
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-794462
CY2024Q1 sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
-10854
CY2023 sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
93869
CY2024Q1 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3703519
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3461519
CY2024Q1 us-gaap Rental Properties
RentalProperties
800000
CY2024Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
2903519
CY2023Q1 us-gaap Rental Properties
RentalProperties
800000
CY2023Q1 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
2661519
CY2024Q1 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
1
CY2024Q1 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
10854
CY2023Q1 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
2
CY2023Q1 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
-148100
CY2024Q1 sach Number Of Real Estate Properties Held For Rental
NumberOfRealEstatePropertiesHeldForRental
1
CY2024Q1 sach Real Estate Lease Term
RealEstateLeaseTerm
P5Y
CY2024Q1 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
429041
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
511022
CY2024Q1 us-gaap Other Receivables
OtherReceivables
1390501
CY2023Q4 us-gaap Other Receivables
OtherReceivables
1922512
CY2024Q1 us-gaap Other Assets Current
OtherAssetsCurrent
235290
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
229074
CY2024Q1 sach Notes Receivable Current
NotesReceivableCurrent
5337612
CY2023Q4 sach Notes Receivable Current
NotesReceivableCurrent
4507991
CY2024Q1 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
274073
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
307868
CY2024Q1 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
386923
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
386923
CY2024Q1 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
568460
CY2024Q1 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
121146
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
3039749
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
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1
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10854
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1
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P5Y
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PrepaidExpenseCurrentAndNoncurrent
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OtherReceivables
1390501
CY2023Q4 us-gaap Other Receivables
OtherReceivables
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235290
CY2023Q4 us-gaap Other Assets Current
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229074
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4507991
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DeferredCostsCurrentAndNoncurrent
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386923
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386923
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391000
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130400
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9143300
CY2023Q4 us-gaap Other Assets
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DebtInstrumentBasisSpreadOnVariableRate1
0.0701
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LineOfCreditFacilityMaximumBorrowingCapacity
10000000
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CY2023Q1 sach Term Of Federal Home Loan Bank Of Boston Classic Advance Rate
TermOfFederalHomeLoanBankOfBostonClassicAdvanceRate
P5Y
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CY2024Q1 sach Debt Instrument Number Of First Line Mortgage Loans
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CY2024Q1 us-gaap Debt Instrument Repurchase Amount
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CY2023 sach Debt Instrument Number Of First Line Mortgage Loans
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CY2024Q1 sach Notes Issued Denomination
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CY2024Q1 sach Threshold Percentage Of Taxable Income To Prohibit Distribution
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CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
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58163000
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56363750
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CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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122125000
CY2024Q1 us-gaap Long Term Debt
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CY2024Q1 us-gaap Deferred Finance Costs Net
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5443237
CY2024Q1 us-gaap Notes Payable
NotesPayable
282958513
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs Remainder Of Fiscal Year
EstimatedAmortizationOfDeferredFinancingCostsRemainderOfFiscalYear
1730975
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Next Twelve Months
EstimatedAmortizationOfDeferredFinancingCostsInNextTwelveMonths
1807606
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Year Two
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1410319
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
568460
CY2024Q1 us-gaap Goodwill
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391000
CY2023Q4 us-gaap Goodwill
Goodwill
391000
CY2024Q1 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130400
CY2023Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130400
CY2024Q1 us-gaap Other Assets
OtherAssets
9143300
CY2023Q4 us-gaap Other Assets
OtherAssets
8955250
CY2024Q1 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0701
CY2023 us-gaap Debt Instrument Basis Spread On Variable Rate1
DebtInstrumentBasisSpreadOnVariableRate1
0.0677
CY2024Q1 us-gaap Line Of Credit Facility Maximum Borrowing Capacity
LineOfCreditFacilityMaximumBorrowingCapacity
10000000
CY2024Q1 sach Percentage Of Asset Coverage Ratio
PercentageOfAssetCoverageRatio
1.50
CY2023Q1 sach Term Of Federal Home Loan Bank Of Boston Classic Advance Rate
TermOfFederalHomeLoanBankOfBostonClassicAdvanceRate
P5Y
CY2023Q1 sach Debt Instrument Amortization Period
DebtInstrumentAmortizationPeriod
P20Y
CY2024Q1 sach Debt Instrument Number Of First Line Mortgage Loans
DebtInstrumentNumberOfFirstLineMortgageLoans
12
CY2024Q1 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
44600000
CY2023 sach Debt Instrument Number Of First Line Mortgage Loans
DebtInstrumentNumberOfFirstLineMortgageLoans
14
CY2023Q4 us-gaap Debt Instrument Repurchase Amount
DebtInstrumentRepurchaseAmount
50600000
CY2024Q1 sach Notes Issued Denomination
NotesIssuedDenomination
25.00
CY2024Q1 sach Threshold Percentage Of Taxable Income To Prohibit Distribution
ThresholdPercentageOfTaxableIncomeToProhibitDistribution
0.90
CY2024Q1 sach Threshold Asset Coverage Ratio
ThresholdAssetCoverageRatio
1.50
CY2024Q1 sach Period Of Written Notice To Redeem Notes Without Premium Or Penalty
PeriodOfWrittenNoticeToRedeemNotesWithoutPremiumOrPenalty
P30D
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
58163000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
56363750
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
51750000
CY2024Q1 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
122125000
CY2024Q1 us-gaap Long Term Debt
LongTermDebt
288401750
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5443237
CY2024Q1 us-gaap Notes Payable
NotesPayable
282958513
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs Remainder Of Fiscal Year
EstimatedAmortizationOfDeferredFinancingCostsRemainderOfFiscalYear
1730975
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Next Twelve Months
EstimatedAmortizationOfDeferredFinancingCostsInNextTwelveMonths
1807606
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Year Two
EstimatedAmortizationOfDeferredFinancingCostsInYearTwo
1410319
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Year Three
EstimatedAmortizationOfDeferredFinancingCostsInYearThree
494337
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5443237
CY2024Q1 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1737111
CY2023Q4 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1330546
CY2024Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
540341
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
476896
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
482389
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2754348
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2321535
CY2024Q1 sach Estimated Amortization Of Deferred Financing Costs In Year Three
EstimatedAmortizationOfDeferredFinancingCostsInYearThree
494337
CY2024Q1 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
5443237
CY2024Q1 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1737111
CY2023Q4 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1330546
CY2024Q1 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
540341
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
508600
CY2024Q1 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
476896
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
482389
CY2024Q1 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2754348
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2321535
CY2024Q1 sach Late And Other Fees Income
LateAndOtherFeesIncome
282873
CY2023Q1 sach Late And Other Fees Income
LateAndOtherFeesIncome
113132
CY2024Q1 sach Income From Processing Fees
IncomeFromProcessingFees
35150
CY2023Q1 sach Income From Processing Fees
IncomeFromProcessingFees
32070
CY2024Q1 sach Rental Income Loss Net
RentalIncomeLossNet
15300
CY2023Q1 sach Rental Income Loss Net
RentalIncomeLossNet
13300
CY2024Q1 sach Extension Fees
ExtensionFees
113901
CY2023Q1 sach Extension Fees
ExtensionFees
180410
CY2024Q1 sach Construction Servicing Fees
ConstructionServicingFees
438054
CY2023Q1 sach Construction Servicing Fees
ConstructionServicingFees
167174
CY2024Q1 sach Inspection Fees
InspectionFees
20246
CY2023Q1 sach Inspection Fees
InspectionFees
35854
CY2024Q1 sach Income From Legal Fees
IncomeFromLegalFees
82550
CY2023Q1 sach Income From Legal Fees
IncomeFromLegalFees
96500
CY2024Q1 us-gaap Other Income
OtherIncome
201167
CY2023Q1 us-gaap Other Income
OtherIncome
69165
CY2024Q1 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
1189241
CY2023Q1 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
707605
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
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
CY2024Q1 sach Number Of Mortgage Properties
NumberOfMortgageProperties
5
CY2024Q1 sach Amount Of Mortgage Receivable
AmountOfMortgageReceivable
4000000.0
CY2024Q1 sach Late And Other Fees Income
LateAndOtherFeesIncome
282873
CY2023Q1 sach Late And Other Fees Income
LateAndOtherFeesIncome
113132
CY2024Q1 sach Income From Processing Fees
IncomeFromProcessingFees
35150
CY2024Q1 sach Rental Income Loss Net
RentalIncomeLossNet
15300
CY2023Q1 sach Rental Income Loss Net
RentalIncomeLossNet
13300
CY2024Q1 sach Extension Fees
ExtensionFees
113901
CY2023Q1 sach Extension Fees
ExtensionFees
180410
CY2024Q1 sach Construction Servicing Fees
ConstructionServicingFees
438054
CY2023Q1 sach Construction Servicing Fees
ConstructionServicingFees
167174
CY2024Q1 sach Inspection Fees
InspectionFees
20246
CY2023Q1 sach Inspection Fees
InspectionFees
35854
CY2024Q1 sach Income From Legal Fees
IncomeFromLegalFees
82550
CY2023Q1 sach Income From Legal Fees
IncomeFromLegalFees
96500
CY2024Q1 us-gaap Other Income
OtherIncome
201167
CY2023Q1 us-gaap Other Income
OtherIncome
69165
CY2024Q1 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
1189241
CY2023Q1 us-gaap Interest And Fee Income Other Loans
InterestAndFeeIncomeOtherLoans
707605
CY2017Q1 sach Employment Agreement Term
EmploymentAgreementTerm
P5Y
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EmploymentAgreementExtensionTerm
P1Y
CY2017Q1 sach Employment Agreement Notice Period For Non Renewal
EmploymentAgreementNoticePeriodForNonRenewal
P180D
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
CY2024Q1 sach Number Of Mortgage Properties
NumberOfMortgageProperties
5
CY2024Q1 sach Amount Of Mortgage Receivable
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4000000.0
CY2024Q1 sach Percentage Of Mortage Loan
PercentageOfMortageLoan
0.398
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0
CY2018Q2 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.03
CY2024Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
48210
CY2023Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
44696
CY2024Q1 sach Investment In Partnership Total Representing Three Limited Liability Companies
InvestmentInPartnershipTotalRepresentingThreeLimitedLiabilityCompanies
46200000
CY2024Q1 sach Number Of Limited Liability Companies Managed By Commercial Real Estate Finance Company
NumberOfLimitedLiabilityCompaniesManagedByCommercialRealEstateFinanceCompany
5
CY2024Q1 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
1200000
CY2023Q1 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
500000
CY2024Q1 sach Unfunded Partnership Commitments
UnfundedPartnershipCommitments
2400000
CY2024Q1 sach Percentage Of Mortage Loan
PercentageOfMortageLoan
0.398
CY2024Q1 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
1000000.0
CY2018Q2 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.03
CY2024Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
48210
CY2023Q1 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
44696
CY2024Q1 sach Investment In Partnership Total Representing Three Limited Liability Companies
InvestmentInPartnershipTotalRepresentingThreeLimitedLiabilityCompanies
46200000
CY2024Q1 sach Number Of Limited Liability Companies Managed By Commercial Real Estate Finance Company
NumberOfLimitedLiabilityCompaniesManagedByCommercialRealEstateFinanceCompany
5
CY2024Q1 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
1200000
CY2023Q1 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
500000
CY2024Q1 sach Unfunded Partnership Commitments
UnfundedPartnershipCommitments
2400000
CY2024Q1 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
72575000
CY2024Q1 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
72575000

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