$SACH
Sachem Capital Corp.

2024 Q4 Form 10-Q Financial Statement

#000141057824001965 Filed on November 14, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3 2023 Q3
Revenue $14.79M $17.53M
YoY Change -15.68% 29.49%
Cost Of Revenue $6.836M $7.680M
YoY Change -10.99% 28.54%
Gross Profit $7.949M $9.850M
YoY Change -19.3% 30.19%
Gross Profit Margin 53.76% 56.18%
Selling, General & Admin $4.046M $3.060M
YoY Change 32.22% 37.5%
% of Gross Profit 50.9% 31.07%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $92.00K $60.00K
YoY Change 53.33% 172.11%
% of Gross Profit 1.16% 0.61%
Operating Expenses $12.48M $3.270M
YoY Change 281.68% 41.17%
Operating Profit -$4.822M $6.580M
YoY Change -173.28% 25.34%
Interest Expense -$229.0K
YoY Change
% of Operating Profit
Other Income/Expense, Net -$229.0K $336.5K
YoY Change -168.06% 270.17%
Pretax Income -$5.051M $6.190M
YoY Change -181.6% 22.49%
Income Tax $0.00 $0.00
% Of Pretax Income 0.0%
Net Earnings -$5.051M $6.190M
YoY Change -181.6% 22.49%
Net Earnings / Revenue -34.16% 35.3%
Basic Earnings Per Share -$0.13 $0.12
Diluted Earnings Per Share -$0.13 $0.12
COMMON SHARES
Basic Shares Outstanding 49.97M 47.43M 45.35M
Diluted Shares Outstanding 47.34M 44.75M

Balance Sheet

Concept 2024 Q4 2024 Q3 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $5.881M $25.80M
YoY Change -77.21% -27.25%
Cash & Equivalents $5.900M $25.81M
Short-Term Investments
Other Short-Term Assets $2.000K $4.724K
YoY Change -57.66% -99.0%
Inventory
Prepaid Expenses
Receivables $6.918M $7.900M
Other Receivables $7.643M $11.80M
Total Short-Term Assets $20.66M $45.70M
YoY Change -54.79% -2.55%
LONG-TERM ASSETS
Property, Plant & Equipment $3.249M $3.434M
YoY Change -5.38% 1.05%
Goodwill $391.0K $391.0K
YoY Change 0.0%
Intangibles
YoY Change
Long-Term Investments $68.65M $87.40M
YoY Change -21.46% 53.62%
Other Assets $593.0K $700.0K
YoY Change -15.29% 3433.57%
Total Long-Term Assets $534.8M $592.1M
YoY Change -9.69% 15.0%
TOTAL ASSETS
Total Short-Term Assets $20.66M $45.70M
Total Long-Term Assets $534.8M $592.1M
Total Assets $555.5M $637.8M
YoY Change -12.92% 13.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $1.691M $1.200M
YoY Change 40.92% 115.99%
Accrued Expenses $379.0K $400.0K
YoY Change -5.25% -32.87%
Deferred Revenue
YoY Change
Short-Term Debt $35.50M $51.30M
YoY Change -30.8% 1347.99%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $45.85M $65.90M
YoY Change -30.43% 350.41%
LONG-TERM LIABILITIES
Long-Term Debt $285.0M $330.8M
YoY Change -13.85% 2.28%
Other Long-Term Liabilities $4.034M $5.600M
YoY Change -27.96% 25.23%
Total Long-Term Liabilities $289.0M $336.4M
YoY Change -14.09% 2.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $45.85M $65.90M
Total Long-Term Liabilities $289.0M $336.4M
Total Liabilities $334.9M $402.3M
YoY Change -16.77% 17.46%
SHAREHOLDERS EQUITY
Retained Earnings -$35.75M -$7.894M
YoY Change 352.92% 191.79%
Common Stock $47.00K $45.36K
YoY Change 3.61% 13.18%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $220.6M $235.5M
YoY Change
Total Liabilities & Shareholders Equity $555.5M $637.8M
YoY Change -12.92% 13.53%

Cashflow Statement

Concept 2024 Q4 2024 Q3 2023 Q3
OPERATING ACTIVITIES
Net Income -$5.051M $6.190M
YoY Change -181.6% 22.49%
Depreciation, Depletion And Amortization $92.00K $60.00K
YoY Change 53.33% 172.11%
Cash From Operating Activities $2.331M $6.850M
YoY Change -65.97% 35.0%
INVESTING ACTIVITIES
Capital Expenditures -$690.0K
YoY Change 23.64%
Acquisitions
YoY Change
Other Investing Activities $16.70M -$3.110M
YoY Change -637.04% -89.67%
Cash From Investing Activities $16.73M -$2.420M
YoY Change -791.24% -92.11%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -23.76M 6.240M
YoY Change -480.69% -80.45%
NET CHANGE
Cash From Operating Activities 2.331M 6.850M
Cash From Investing Activities 16.73M -2.420M
Cash From Financing Activities -23.76M 6.240M
Net Change In Cash -4.696M 10.67M
YoY Change -144.01% 68.46%
FREE CASH FLOW
Cash From Operating Activities $2.331M $6.850M
Capital Expenditures -$690.0K
Free Cash Flow $7.540M
YoY Change 33.87%

Facts In Submission

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sach Oci Debt Securities Available For Sale Unrealized Holding Gain Loss After Tax
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102000
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CY2024Q3 us-gaap Comprehensive Income Net Of Tax
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CY2023Q3 us-gaap Comprehensive Income Net Of Tax
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6106000
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ComprehensiveIncomeNetOfTax
17110000
CY2024Q3 us-gaap Dividends Preferred Stock
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2816000
CY2024Q3 sach Comprehensive Income Loss Net Of Tax Available To Common Stockholders Basic
ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholdersBasic
-6146000
CY2023Q3 sach Comprehensive Income Loss Net Of Tax Available To Common Stockholders Basic
ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholdersBasic
5139000
sach Comprehensive Income Loss Net Of Tax Available To Common Stockholders Basic
ComprehensiveIncomeLossNetOfTaxAvailableToCommonStockholdersBasic
-6939000
sach Comprehensive Income Loss Net Of Tax Available To Common Stockholders Basic
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14294000
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CY2024Q3 us-gaap Dividends Common Stock
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3796000
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CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q2 us-gaap Stockholders Equity
StockholdersEquity
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CY2023Q3 us-gaap Stock Issued During Period Value Other
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5641000
CY2023Q3 us-gaap Stock Granted During Period Value Sharebased Compensation
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221000
CY2023Q3 us-gaap Debt Securities Unrealized Gain Loss
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CY2023Q3 us-gaap Stockholders Equity
StockholdersEquity
235527000
CY2023Q4 us-gaap Stockholders Equity
StockholdersEquity
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2050000
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650000
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CY2024Q3 us-gaap Stockholders Equity
StockholdersEquity
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CY2022Q4 us-gaap Stockholders Equity
StockholdersEquity
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2490000
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15332000
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StockRepurchasedDuringPeriodValue
226000
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616000
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102000
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2816000
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CY2023Q3 us-gaap Stockholders Equity
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us-gaap Profit Loss
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AmortizationOfFinancingCosts
1860000
us-gaap Amortization Of Financing Costs
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1832000
us-gaap Depreciation
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281000
us-gaap Depreciation
Depreciation
169000
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us-gaap Share Based Compensation
ShareBasedCompensation
650000
us-gaap Share Based Compensation
ShareBasedCompensation
617000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
17964000
us-gaap Provision For Loan Lease And Other Losses
ProvisionForLoanLeaseAndOtherLosses
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OtherAssetImpairmentCharges
397000
us-gaap Other Asset Impairment Charges
OtherAssetImpairmentCharges
613000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
294000
us-gaap Gains Losses On Sales Of Investment Real Estate
GainsLossesOnSalesOfInvestmentRealEstate
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us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
229000
us-gaap Equity Securities Fv Ni Realized Gain Loss
EquitySecuritiesFvNiRealizedGainLoss
361000
sach Increase Decrease In Interest And Fees Receivable
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563000
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IncreaseDecreaseInOtherReceivables
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us-gaap Increase Decrease In Other Receivables
IncreaseDecreaseInOtherReceivables
1043000
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
1666000
us-gaap Increase Decrease In Finance Receivables
IncreaseDecreaseInFinanceReceivables
2171000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
257000
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
89000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-1278000
us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
599000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
-3942000
us-gaap Increase Decrease In Advance Payments By Borrowers For Taxes And Insurance
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
2613000
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
16946000
us-gaap Adjustments To Reconcile Net Income Loss To Cash Provided By Used In Operating Activities
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
1930000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13510000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
18938000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
7767000
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
21064000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
43964000
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
9060000
us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
11082000
us-gaap Payments To Acquire Limited Partnership Interests
PaymentsToAcquireLimitedPartnershipInterests
9120000
us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
-2008000
us-gaap Payments For Proceeds From Real Estate Heldforinvestment
PaymentsForProceedsFromRealEstateHeldforinvestment
-149000
sach Payments To Acquire Real Estate Held For Investments
PaymentsToAcquireRealEstateHeldForInvestments
215000
sach Proceeds From Sale Purchases Of Property And Equipment Net
ProceedsFromSalePurchasesOfPropertyAndEquipmentNet
26000
sach Proceeds From Sale Purchases Of Property And Equipment Net
ProceedsFromSalePurchasesOfPropertyAndEquipmentNet
519000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
2482000
us-gaap Payments To Acquire Commercial Real Estate
PaymentsToAcquireCommercialRealEstate
10725000
sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
115670000
sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
159679000
sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
135265000
sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
123496000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
44262000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-67579000
sach Proceeds Repayments From Lines Of Credit
ProceedsRepaymentsFromLinesOfCredit
-26292000
sach Proceeds Repayments From Lines Of Credit
ProceedsRepaymentsFromLinesOfCredit
47752000
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
-2979000
us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
5396000
us-gaap Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
-59000
us-gaap Proceeds From Repayments Of First Mortgage Bond
ProceedsFromRepaymentsOfFirstMortgageBond
351000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
14159000
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
16944000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
3187000
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2816000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
2050000
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
15332000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
1373000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
226000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
5157000
us-gaap Proceeds From Issuance Of Preferred Stock And Preference Stock
ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
1895000
us-gaap Proceeds From Repayments Of Notes Payable
ProceedsFromRepaymentsOfNotesPayable
-23647000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
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us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
50740000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
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us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
2099000
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
12598000
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
23713000
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
5881000
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
25812000
us-gaap Interest Paid Net
InterestPaidNet
19522000
us-gaap Interest Paid Net
InterestPaidNet
19852000
sach Real Estate Acquired During Period Through Foreclosure
RealEstateAcquiredDuringPeriodThroughForeclosure
2991000
sach Real Estate Acquired During Period Through Foreclosure
RealEstateAcquiredDuringPeriodThroughForeclosure
1187000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
2414000
us-gaap Transfer Of Other Real Estate
TransferOfOtherRealEstate
2488000
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2024Q3 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
81800000
CY2023Q4 sach Loan Pre Foreclosure Amount
LoanPreForeclosureAmount
68100000
CY2024Q3 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
16100000
CY2023Q4 sach Loan Pre Foreclosure Amount On Allowance For Credit Loss
LoanPreForeclosureAmountOnAllowanceForCreditLoss
6200000
CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
7523000
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
12689000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
20212000
CY2023Q4 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
902000
sach Interest And Fees Receivable Credit Loss Expense Reversal
InterestAndFeesReceivableCreditLossExpenseReversal
2710000
CY2024Q3 sach Interest And Fees Receivable For Allowances Of Credit Losses
InterestAndFeesReceivableForAllowancesOfCreditLosses
3612000
CY2023Q4 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
352000
sach Due From Borrowers Credit Loss Expense Reversal
DueFromBorrowersCreditLossExpenseReversal
1798000
CY2024Q3 sach Allowance For Credit Losses Due From Borrowers
AllowanceForCreditLossesDueFromBorrowers
2150000
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
509000
sach Unfunded Commitments Credit Loss Expense Reversal
UnfundedCommitmentsCreditLossExpenseReversal
713000
CY2024Q3 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
1222000
CY2023Q4 sach Loans Receivable Allowance For Credit Losses
LoansReceivableAllowanceForCreditLosses
9286000
us-gaap Financing Receivable Excluding Accrued Interest Credit Loss Expense Reversal
FinancingReceivableExcludingAccruedInterestCreditLossExpenseReversal
17910000
CY2024Q3 sach Loans Receivable Allowance For Credit Losses
LoansReceivableAllowanceForCreditLosses
27196000
sach Provision For Loan Lease And Other Losses Net
ProvisionForLoanLeaseAndOtherLossesNet
18000000.0
sach Provision For Loan And Losses Charge Off
ProvisionForLoanAndLossesChargeOff
54000
sach Financing Receivable Allowance For Credit Loss Charge Offs
FinancingReceivableAllowanceForCreditLossChargeOffs
0
sach Provision For Loan And Losses Charge Off
ProvisionForLoanAndLossesChargeOff
0
CY2023Q3 sach Provision For Loan And Losses Charge Off
ProvisionForLoanAndLossesChargeOff
0
CY2024Q3 sach Provision For Loan And Losses Charge Off
ProvisionForLoanAndLossesChargeOff
0
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
CY2023Q4 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
800000
CY2024Q3 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
0
CY2023Q4 us-gaap Debt Securities Available For Sale Excluding Accrued Interest
DebtSecuritiesAvailableForSaleExcludingAccruedInterest
800000
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Excluding Accrued Interest After Allowance For Credit Loss
DebtSecuritiesAvailableForSaleAmortizedCostExcludingAccruedInterestAfterAllowanceForCreditLoss
1600000
CY2024Q3 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3824000
CY2024Q3 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
575000
CY2024Q3 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3249000
CY2023Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
3782000
CY2023Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
409000
CY2023Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
3373000
CY2024Q3 us-gaap Goodwill
Goodwill
400000
CY2023Q4 us-gaap Goodwill
Goodwill
400000
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2023Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q3 us-gaap Goodwill Impairment Loss
GoodwillImpairmentLoss
0
CY2024Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
200000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
0
CY2023Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q3 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
0
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
47339635
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
47390113
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.13
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
-0.14
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
44754921
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
43805310
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.12
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.32
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 Company’s December 31, 2023 and September 30, 2023 consolidated financial statements have been reclassified to conform to the presentation in the accompanying unaudited consolidated financial statements.</p>
CY2024Q3 sach Stocks And Exchange Traded Funds Fair Value Disclosure
StocksAndExchangeTradedFundsFairValueDisclosure
1568000
CY2024Q3 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
1568000
CY2023Q4 sach Stocks And Exchange Traded Funds Fair Value Disclosure
StocksAndExchangeTradedFundsFairValueDisclosure
1755000
CY2023Q4 sach Mutual Funds Fair Value Disclosure
MutualFundsFairValueDisclosure
16237000
CY2023Q4 us-gaap Debt Securities
DebtSecurities
19784000
CY2023Q4 us-gaap Investments Fair Value Disclosure
InvestmentsFairValueDisclosure
37776000
CY2024Q3 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
0
CY2023Q4 us-gaap Debt Securities Available For Sale Continuous Unrealized Loss Position12 Months Or Longer Accumulated Loss
DebtSecuritiesAvailableForSaleContinuousUnrealizedLossPosition12MonthsOrLongerAccumulatedLoss
800000
CY2024Q3 us-gaap Debt Securities Available For Sale Amortized Cost Allowance For Credit Loss Excluding Accrued Interest
DebtSecuritiesAvailableForSaleAmortizedCostAllowanceForCreditLossExcludingAccruedInterest
0
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
CY2023Q3 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2024Q3 us-gaap Provision For Other Credit Losses
ProvisionForOtherCreditLosses
0
CY2023Q2 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-376000
CY2023Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
316000
CY2022Q4 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-562000
sach Reversal Of Losses From Unrealized To Realized
ReversalOfLossesFromUnrealizedToRealized
-65000
CY2023Q3 us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-84000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
-251000
us-gaap Other Comprehensive Income Unrealized Holding Gain Loss On Securities Arising During Period Before Tax
OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodBeforeTax
102000
CY2023Q3 sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
84000
sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
316000
sach Change In Oci From Available For Sale Unrealized Holding Gain Loss After Tax
ChangeInOciFromAvailableForSaleUnrealizedHoldingGainLossAfterTax
-102000
CY2023Q3 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-460000
CY2023Q3 us-gaap Debt Securities Available For Sale Accumulated Gross Unrealized Gain Loss Before Tax
DebtSecuritiesAvailableForSaleAccumulatedGrossUnrealizedGainLossBeforeTax
-460000
CY2024Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
3100000
CY2023Q3 us-gaap Investment Owned At Cost
InvestmentOwnedAtCost
39000000.0
us-gaap Real Estate Owned Valuation Allowance Period Increase Decrease
RealEstateOwnedValuationAllowancePeriodIncreaseDecrease
2400000
us-gaap Real Estate Owned Valuation Allowance Period Increase Decrease
RealEstateOwnedValuationAllowancePeriodIncreaseDecrease
2500000
sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
115700000
sach Payments To Acquire Mortgage Receivable
PaymentsToAcquireMortgageReceivable
159700000
sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
135300000
sach Proceeds From Collection Of Mortgage Receivable
ProceedsFromCollectionOfMortgageReceivable
123500000
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
42000000.0
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
37400000
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
us-gaap Provision For Loan Losses Expensed
ProvisionForLoanLossesExpensed
12689000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
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FinancingReceivablePercentageOfPortfolio
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FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
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FinancingReceivablePercentageOfPortfolio
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FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
456883000
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
477095000
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FinancingReceivablePercentageOfPortfolio
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FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
499235000
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FinancingReceivablePercentageOfPortfolio
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FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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CY2023Q4 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
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CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
491712000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
477095000
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FinancingReceivableBeforeAllowanceForCreditLossToTotalPercent
1.000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
45494000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
84334000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
135131000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
188692000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
23444000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
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CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
456883000
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
CY2024Q3 us-gaap Financing Receivable Before Allowance For Credit Loss Maturity Year One
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearOne
241704000
CY2024Q3 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Two
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearTwo
202981000
CY2024Q3 sach Financing Receivable Before Allowance For Credit Loss Maturity Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityYearThree
31035000
CY2024Q3 sach Financing Receivable Before Allowance For Credit Loss Maturity After Year Three
FinancingReceivableBeforeAllowanceForCreditLossMaturityAfterYearThree
1375000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
477095000
CY2024Q3 us-gaap Financing Receivable Allowance For Credit Loss Excluding Accrued Interest
FinancingReceivableAllowanceForCreditLossExcludingAccruedInterest
20212000
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
456883000
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
226
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
226
CY2024Q3 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
74
sach Mortgage Loans Percentage Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansPercentageOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
0.327
CY2024Q3 sach Mortgage Loans Amount Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansAmountOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
130100000
CY2024Q3 sach Mortgage Loans Number Of Loans Matured But Not Have Been Repaid In Full Or Extended
MortgageLoansNumberOfLoansMaturedButNotHaveBeenRepaidInFullOrExtended
74
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
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
16100000
CY2024Q3 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.035
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
32800000
CY2023Q3 us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.066
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
103600000
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.227
us-gaap Financing Receivable Excluding Accrued Interest Modified Period
FinancingReceivableExcludingAccruedInterestModifiedPeriod
63000000.0
us-gaap Financing Receivable Modification To Total Financing Receivables Excluding Accrued Interest Percent
FinancingReceivableModificationToTotalFinancingReceivablesExcludingAccruedInterestPercent
0.127
CY2024Q3 us-gaap Loans And Leases Receivable Impaired Commitment To Lend
LoansAndLeasesReceivableImpairedCommitmentToLend
8500000
CY2024Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
13110000
CY2024Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
148000
CY2024Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
12962000
CY2023Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
10591000
CY2023Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
37000
CY2023Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
10554000
us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
100000
CY2024Q3 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
4300000
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3500000
CY2024Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-300000
CY2023Q3 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-200000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-400000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-600000
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3462000
CY2022Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
5216000
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
2991000
CY2023 us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
1756000
CY2023 us-gaap Payments To Acquire Other Investments
PaymentsToAcquireOtherInvestments
230000
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
2008000
CY2023 us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
3040000
us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-397000
CY2023 us-gaap Impairment Of Real Estate
ImpairmentOfRealEstate
-794000
sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
284000
CY2023 sach Gain Losses On Sale Of Real Estate Owned
GainLossesOnSaleOfRealEstateOwned
94000
CY2024Q3 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
4332000
CY2023Q4 sach Investments In Rental Real Estate Net
InvestmentsInRentalRealEstateNet
3462000
CY2024Q3 us-gaap Rental Properties
RentalProperties
800000
CY2024Q3 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
3500000
CY2023Q4 us-gaap Rental Properties
RentalProperties
800000
CY2023Q4 us-gaap Real Estate Heldforsale
RealEstateHeldforsale
2700000
CY2024Q3 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
2
CY2024Q3 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
20000.00
sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
13
sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
300000
CY2023Q3 sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
1
CY2023Q3 sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
-10000.00
sach Number Of Real Estate Properties Sold Held For Sale
NumberOfRealEstatePropertiesSoldHeldForSale
5
sach Gain Loss On Sale Of Real Estate Properties Held For Sale
GainLossOnSaleOfRealEstatePropertiesHeldForSale
100000
CY2024Q3 sach Number Of Real Estate Properties Held For Rental
NumberOfRealEstatePropertiesHeldForRental
1
sach Real Estate Lease Term
RealEstateLeaseTerm
P5Y
CY2024Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
219000
CY2023Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
511000
CY2024Q3 us-gaap Other Receivables
OtherReceivables
1527000
CY2023Q4 us-gaap Other Receivables
OtherReceivables
1923000
CY2024Q3 us-gaap Other Assets Current
OtherAssetsCurrent
2000
CY2023Q4 us-gaap Other Assets Current
OtherAssetsCurrent
230000
CY2024Q3 sach Notes Receivable Current
NotesReceivableCurrent
1915000
CY2023Q4 sach Notes Receivable Current
NotesReceivableCurrent
4508000
CY2024Q3 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
206000
CY2023Q4 us-gaap Deferred Costs Current And Noncurrent
DeferredCostsCurrentAndNoncurrent
308000
CY2024Q3 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
387000
CY2023Q4 us-gaap Deferred Costs Leasing Net
DeferredCostsLeasingNet
387000
CY2024Q3 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
568000
CY2023Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
568000
CY2024Q3 us-gaap Goodwill
Goodwill
391000
CY2023Q4 us-gaap Goodwill
Goodwill
391000
CY2024Q3 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130000
CY2023Q4 us-gaap Finite Lived Trade Names Gross
FiniteLivedTradeNamesGross
130000
CY2024Q3 us-gaap Other Assets
OtherAssets
5345000
CY2023Q4 us-gaap Other Assets
OtherAssets
8956000
CY2023Q1 sach Term Of Federal Home Loan Bank Of Boston Classic Advance Rate
TermOfFederalHomeLoanBankOfBostonClassicAdvanceRate
P5Y
CY2023Q1 sach Debt Instrument Amortization Period
DebtInstrumentAmortizationPeriod
P20Y
CY2024Q3 sach Notes Issued Denomination
NotesIssuedDenomination
25.00
sach Threshold Percentage Of Taxable Income To Prohibit Distribution
ThresholdPercentageOfTaxableIncomeToProhibitDistribution
0.90
sach Threshold Asset Coverage Ratio
ThresholdAssetCoverageRatio
1.50
sach Period Of Written Notice To Redeem Notes Without Premium Or Penalty
PeriodOfWrittenNoticeToRedeemNotesWithoutPremiumOrPenalty
P30D
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal Remainder Of Fiscal Year
LongTermDebtMaturitiesRepaymentsOfPrincipalRemainderOfFiscalYear
34500000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextTwelveMonths
56364000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
51750000
CY2024Q3 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearThree
122125000
CY2024Q3 us-gaap Long Term Debt
LongTermDebt
264739000
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4275000
CY2024Q3 us-gaap Notes Payable
NotesPayable
260464000
CY2024Q3 sach Estimated Amortization Of Deferred Financing Costs Remainder Of Fiscal Year
EstimatedAmortizationOfDeferredFinancingCostsRemainderOfFiscalYear
563000
CY2024Q3 sach Estimated Amortization Of Deferred Financing Costs In Next Twelve Months
EstimatedAmortizationOfDeferredFinancingCostsInNextTwelveMonths
1808000
CY2024Q3 sach Estimated Amortization Of Deferred Financing Costs In Year Two
EstimatedAmortizationOfDeferredFinancingCostsInYearTwo
1410000
CY2024Q3 sach Estimated Amortization Of Deferred Financing Costs In Year Three
EstimatedAmortizationOfDeferredFinancingCostsInYearThree
494000
CY2024Q3 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
4275000
CY2024Q3 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1691000
CY2023Q4 sach Accounts Payable And Accrued Liabilities Other Than Notes And Interest
AccountsPayableAndAccruedLiabilitiesOtherThanNotesAndInterest
1331000
CY2024Q3 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
1222000
CY2023Q4 sach Unfunded Commitments For Allowances Of Credit Losses
UnfundedCommitmentsForAllowancesOfCreditLosses
509000
CY2024Q3 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
379000
CY2023Q4 us-gaap Interest Payable Current And Noncurrent
InterestPayableCurrentAndNoncurrent
482000
CY2024Q3 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
3292000
CY2023Q4 us-gaap Accounts Payable And Accrued Liabilities Current And Noncurrent
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
2322000
CY2024Q3 sach Origination And Modification Fees
OriginationAndModificationFees
1234000
CY2023Q3 sach Origination And Modification Fees
OriginationAndModificationFees
1195000
sach Origination And Modification Fees
OriginationAndModificationFees
3890000
sach Origination And Modification Fees
OriginationAndModificationFees
4435000
CY2024Q3 sach Extension Fees
ExtensionFees
239000
CY2023Q3 sach Extension Fees
ExtensionFees
435000
sach Extension Fees
ExtensionFees
624000
sach Extension Fees
ExtensionFees
849000
CY2024Q3 sach Late And Other Fees Income
LateAndOtherFeesIncome
-105000
CY2023Q3 sach Late And Other Fees Income
LateAndOtherFeesIncome
367000
sach Late And Other Fees Income
LateAndOtherFeesIncome
404000
sach Late And Other Fees Income
LateAndOtherFeesIncome
518000
CY2024Q3 sach Income From Processing Fees
IncomeFromProcessingFees
16000
CY2023Q3 sach Income From Processing Fees
IncomeFromProcessingFees
29000
sach Income From Processing Fees
IncomeFromProcessingFees
87000
sach Income From Processing Fees
IncomeFromProcessingFees
90000
CY2024Q3 sach Construction Servicing Fees
ConstructionServicingFees
183000
CY2023Q3 sach Construction Servicing Fees
ConstructionServicingFees
0
sach Construction Servicing Fees
ConstructionServicingFees
432000
CY2024Q3 sach Income From Legal Fees
IncomeFromLegalFees
49000
CY2023Q3 sach Income From Legal Fees
IncomeFromLegalFees
103000
sach Income From Legal Fees
IncomeFromLegalFees
206000
sach Income From Legal Fees
IncomeFromLegalFees
319000
CY2024Q3 sach Other Fees
OtherFees
227000
CY2023Q3 sach Other Fees
OtherFees
292000
sach Other Fees
OtherFees
900000
sach Other Fees
OtherFees
1699000
CY2024Q3 us-gaap Fee Income
FeeIncome
1843000
CY2023Q3 us-gaap Fee Income
FeeIncome
2421000
us-gaap Fee Income
FeeIncome
6543000
us-gaap Fee Income
FeeIncome
7910000
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
CY2024Q3 sach Cash Bonus Maximum Percentage On Base Salary
CashBonusMaximumPercentageOnBaseSalary
0.50
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-6600000
CY2024Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
5900000
CY2024Q3 us-gaap Marketable Securities Current
MarketableSecuritiesCurrent
1600000
sach Number Of Mortgage Properties
NumberOfMortgageProperties
2
CY2024Q3 sach Amount Of Mortgage Receivable
AmountOfMortgageReceivable
1900000
sach Percentage Of Mortgage Loan
PercentageOfMortgageLoan
0.340
CY2018Q2 us-gaap Defined Contribution Plan Employer Matching Contribution Percent Of Match
DefinedContributionPlanEmployerMatchingContributionPercentOfMatch
0.03
CY2024Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
300000
CY2023Q3 us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
50000.00
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
100000
us-gaap Defined Contribution Plan Employer Discretionary Contribution Amount
DefinedContributionPlanEmployerDiscretionaryContributionAmount
100000
us-gaap Payments Of Stock Issuance Costs
PaymentsOfStockIssuanceCosts
100000
CY2022Q4 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
7500000
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
535369
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
71000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1400000
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
200000
CY2024Q3 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
1500000
CY2023Q3 sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
800000
sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
3900000
sach Equity Securities Fvni Gain Loss.
EquitySecuritiesFvniGainLoss.
2300000
CY2024Q3 sach Unfunded Partnership Commitments
UnfundedPartnershipCommitments
4500000
CY2024Q3 us-gaap Preferred Stock Convertible Shares Issuable
PreferredStockConvertibleSharesIssuable
72575000
CY2024Q4 us-gaap Loans Receivable Held For Sale Net Not Part Of Disposal Group
LoansReceivableHeldForSaleNetNotPartOfDisposalGroup
78800000

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