2021 Q3 Form 10-K Financial Statement
#000145247722000013 Filed on February 17, 2022
Income Statement
Concept | 2021 Q3 | 2021 Q2 | 2021 |
---|---|---|---|
Revenue | $4.022M | $2.863M | $33.45M |
YoY Change | |||
Cost Of Revenue | $1.219M | $913.0K | $5.474M |
YoY Change | |||
Gross Profit | $3.291M | $2.142M | $30.23M |
YoY Change | |||
Gross Profit Margin | 81.82% | 74.82% | 90.37% |
Selling, General & Admin | $433.0K | $714.0K | $3.091M |
YoY Change | |||
% of Gross Profit | 13.16% | 33.33% | 10.22% |
Research & Development | |||
YoY Change | |||
% of Gross Profit | |||
Depreciation & Amortization | |||
YoY Change | |||
% of Gross Profit | |||
Operating Expenses | $782.0K | $989.0K | $4.656M |
YoY Change | |||
Operating Profit | $2.509M | $1.153M | $25.58M |
YoY Change | |||
Interest Expense | $488.0K | $192.0K | $2.253M |
YoY Change | 126.98% | -35.35% | 86.51% |
% of Operating Profit | 19.45% | 16.65% | 8.81% |
Other Income/Expense, Net | |||
YoY Change | |||
Pretax Income | $2.509M | $1.153M | $24.99M |
YoY Change | |||
Income Tax | $25.00K | -$7.000K | $338.0K |
% Of Pretax Income | 1.0% | -0.61% | 1.35% |
Net Earnings | $2.484M | $1.160M | $24.65M |
YoY Change | |||
Net Earnings / Revenue | 61.76% | 40.52% | 73.68% |
Basic Earnings Per Share | $0.24 | $0.11 | $2.18 |
Diluted Earnings Per Share | $0.24 | $0.11 | $2.18 |
COMMON SHARES | |||
Basic Shares Outstanding | 10.26M shares | 10.21M shares | 11.30M shares |
Diluted Shares Outstanding | 10.26M shares | 10.21M shares | 11.30M shares |
Balance Sheet
Concept | 2021 Q3 | 2021 Q2 | 2021 |
---|---|---|---|
SHORT-TERM ASSETS | |||
Cash & Short-Term Investments | $19.30M | $30.40M | $26.20M |
YoY Change | |||
Cash & Equivalents | $19.30M | $30.40M | $26.20M |
Short-Term Investments | |||
Other Short-Term Assets | $271.0K | $2.505M | $1.485M |
YoY Change | |||
Inventory | |||
Prepaid Expenses | |||
Receivables | |||
Other Receivables | |||
Total Short-Term Assets | $19.57M | $32.91M | $27.68M |
YoY Change | |||
LONG-TERM ASSETS | |||
Property, Plant & Equipment | |||
YoY Change | |||
Goodwill | |||
YoY Change | |||
Intangibles | |||
YoY Change | |||
Long-Term Investments | $434.5M | $210.7M | $570.8M |
YoY Change | |||
Other Assets | $549.0K | $205.0K | $98.00K |
YoY Change | |||
Total Long-Term Assets | $436.6M | $211.6M | $572.3M |
YoY Change | |||
TOTAL ASSETS | |||
Total Short-Term Assets | $19.57M | $32.91M | $27.68M |
Total Long-Term Assets | $436.6M | $211.6M | $572.3M |
Total Assets | $456.2M | $244.5M | $600.0M |
YoY Change | |||
SHORT-TERM LIABILITIES | |||
YoY Change | |||
Accounts Payable | $2.076M | $1.638M | $1.561M |
YoY Change | |||
Accrued Expenses | |||
YoY Change | |||
Deferred Revenue | |||
YoY Change | |||
Short-Term Debt | $0.00 | $0.00 | $0.00 |
YoY Change | |||
Long-Term Debt Due | |||
YoY Change | |||
Total Short-Term Liabilities | $3.819M | $2.644M | $2.672M |
YoY Change | |||
LONG-TERM LIABILITIES | |||
Long-Term Debt | $215.7M | $48.78M | $339.6M |
YoY Change | |||
Other Long-Term Liabilities | |||
YoY Change | |||
Total Long-Term Liabilities | $215.7M | $48.78M | $339.6M |
YoY Change | |||
TOTAL LIABILITIES | |||
Total Short-Term Liabilities | $3.819M | $2.644M | $2.672M |
Total Long-Term Liabilities | $215.7M | $48.78M | $339.6M |
Total Liabilities | $219.6M | $51.42M | $342.3M |
YoY Change | |||
SHAREHOLDERS EQUITY | |||
Retained Earnings | $3.994M | $1.510M | |
YoY Change | |||
Common Stock | $237.3M | $193.1M | |
YoY Change | |||
Preferred Stock | |||
YoY Change | |||
Treasury Stock (at cost) | |||
YoY Change | |||
Treasury Stock Shares | |||
Shareholders Equity | $236.6M | $193.1M | $257.7M |
YoY Change | |||
Total Liabilities & Shareholders Equity | $456.2M | $244.5M | $600.0M |
YoY Change |
Cashflow Statement
Concept | 2021 Q3 | 2021 Q2 | 2021 |
---|---|---|---|
OPERATING ACTIVITIES | |||
Net Income | $2.484M | $1.160M | $24.65M |
YoY Change | |||
Depreciation, Depletion And Amortization | |||
YoY Change | |||
Cash From Operating Activities | $3.390M | -$708.0K | $792.0K |
YoY Change | -99.62% | ||
INVESTING ACTIVITIES | |||
Capital Expenditures | |||
YoY Change | |||
Acquisitions | |||
YoY Change | |||
Other Investing Activities | -$49.03M | -$63.03M | -$283.9M |
YoY Change | |||
Cash From Investing Activities | -$49.03M | -$63.03M | -$283.9M |
YoY Change | |||
FINANCING ACTIVITIES | |||
Cash Dividend Paid | $4.595M | ||
YoY Change | |||
Common Stock Issuance & Retirement, Net | $57.00K | ||
YoY Change | |||
Debt Paid & Issued, Net | |||
YoY Change | |||
Cash From Financing Activities | 34.88M | 47.29M | $205.8M |
YoY Change | -284.7% | ||
NET CHANGE | |||
Cash From Operating Activities | 3.390M | -708.0K | $792.0K |
Cash From Investing Activities | -49.03M | -63.03M | -$283.9M |
Cash From Financing Activities | 34.88M | 47.29M | $205.8M |
Net Change In Cash | -10.76M | -16.45M | -$77.27M |
YoY Change | -178.13% | ||
FREE CASH FLOW | |||
Cash From Operating Activities | $3.390M | -$708.0K | $792.0K |
Capital Expenditures | |||
Free Cash Flow | |||
YoY Change |
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932000 | USD |
CY2021 | us-gaap |
Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
-2329000 | USD |
CY2021 | us-gaap |
Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
|
-283000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
792000 | USD |
CY2021 | sevn |
Payments For Originations Of Mortgage Loans Held For Investments
PaymentsForOriginationsOfMortgageLoansHeldForInvestments
|
343471000 | USD |
CY2021 | sevn |
Payments For Additional Originations Of Mortgage Loans Held For Investments
PaymentsForAdditionalOriginationsOfMortgageLoansHeldForInvestments
|
4343000 | USD |
CY2021 | sevn |
Principal Repayment On Loan Held For Investment
PrincipalRepaymentOnLoanHeldForInvestment
|
59041000 | USD |
CY2021 | sevn |
Payment Of Asset Acquisition Transaction Costs
PaymentOfAssetAcquisitionTransactionCosts
|
6160000 | USD |
CY2021 | us-gaap |
Cash Acquired From Acquisition
CashAcquiredFromAcquisition
|
11070000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
|
-283863000 | USD |
CY2021 | us-gaap |
Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
249804000 | USD |
CY2021 | sevn |
Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
|
37897000 | USD |
CY2021 | us-gaap |
Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
|
1453000 | USD |
CY2021 | us-gaap |
Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
|
57000 | USD |
CY2021 | us-gaap |
Payments Of Dividends
PaymentsOfDividends
|
4595000 | USD |
CY2021 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
205802000 | USD |
CY2021 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
-77269000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
103564000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26295000 | USD |
CY2021 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1718000 | USD |
CY2021 | us-gaap |
Income Taxes Paid
IncomeTaxesPaid
|
2681000 | USD |
CY2021 | sevn |
Dividends Declared But Not Yet Paid
DividendsDeclaredButNotYetPaid
|
162990000 | USD |
CY2021 | sevn |
Working Capital Net Liabilities Assumed
WorkingCapitalNetLiabilitiesAssumed
|
924000 | USD |
CY2021 | sevn |
Assumption Of Master Repurchase Facility
AssumptionOfMasterRepurchaseFacility
|
128962000 | USD |
CY2021 | sevn |
Issuance Of Common Shares
IssuanceOfCommonShares
|
44175000 | USD |
CY2021Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
26197000 | USD |
CY2021Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
98000 | USD |
CY2021Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
26295000 | USD |
CY2020 | sevn |
Investment Company Net Assets From Operations Before Preferred Distributions Increase Decrease
InvestmentCompanyNetAssetsFromOperationsBeforePreferredDistributionsIncreaseDecrease
|
-55681000 | USD |
CY2020 | sevn |
Origination Of Loans Held For Investment
OriginationOfLoansHeldForInvestment
|
91879000 | USD |
CY2020 | sevn |
Purchases Of Long Term Investments
PurchasesOfLongTermInvestments
|
10078000 | USD |
CY2020 | sevn |
Sale Of Long Term Investments
SaleOfLongTermInvestments
|
302797000 | USD |
CY2020 | sevn |
Net Sales Of Short Term Investments
NetSalesOfShortTermInvestments
|
4477000 | USD |
CY2020 | sevn |
Increase Decrease Payable For Securities Purchased
IncreaseDecreasePayableForSecuritiesPurchased
|
-10000 | USD |
CY2020 | us-gaap |
Increase Decrease In Interest And Dividends Receivable
IncreaseDecreaseInInterestAndDividendsReceivable
|
-2436000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accrued Taxes Payable
IncreaseDecreaseInAccruedTaxesPayable
|
2386000 | USD |
CY2020 | us-gaap |
Increase Decrease In Accrued Liabilities And Other Operating Liabilities
IncreaseDecreaseInAccruedLiabilitiesAndOtherOperatingLiabilities
|
430000 | USD |
CY2020 | us-gaap |
Increase Decrease In Prepaid Expense
IncreaseDecreaseInPrepaidExpense
|
296000 | USD |
CY2020 | sevn |
Increase Decrease Advisory Fee Payable
IncreaseDecreaseAdvisoryFeePayable
|
-118000 | USD |
CY2020 | us-gaap |
Increase Decrease In Interest Payable Net
IncreaseDecreaseInInterestPayableNet
|
-212000 | USD |
CY2020 | sevn |
Increase Decrease Compliance And Internal Audit Costs Payable
IncreaseDecreaseComplianceAndInternalAuditCostsPayable
|
-6000 | USD |
CY2020 | sevn |
Increase Decrease Administrative Fee Payable
IncreaseDecreaseAdministrativeFeePayable
|
3000 | USD |
CY2020 | us-gaap |
Unrealized Gain Loss On Investments
UnrealizedGainLossOnInvestments
|
-69278000 | USD |
CY2020 | sevn |
Realized Investment Gains Losses And Foreign Currency Transaction Gain Loss
RealizedInvestmentGainsLossesAndForeignCurrencyTransactionGainLoss
|
13208000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
|
210319000 | USD |
CY2020 | us-gaap |
Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
323000 | USD |
CY2020 | us-gaap |
Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
|
6427000 | USD |
CY2020 | us-gaap |
Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
|
88000000 | USD |
CY2020 | sevn |
Redemption Of Auction Preferred Shares
RedemptionOfAuctionPreferredShares
|
16675000 | USD |
CY2020 | us-gaap |
Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
|
-111425000 | USD |
CY2020 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
98894000 | USD |
CY2019Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
4670000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
103564000 | USD |
CY2020Q4 | us-gaap |
Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
|
103314000 | USD |
CY2020Q4 | us-gaap |
Restricted Cash
RestrictedCash
|
250000 | USD |
CY2020Q4 | us-gaap |
Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
103564000 | USD |
CY2020 | us-gaap |
Interest Paid Net
InterestPaidNet
|
1420000 | USD |
CY2020Q4 | sevn |
Other Assets Excluding Investment Owned
OtherAssetsExcludingInvestmentOwned
|
101015000 | USD |
CY2020Q4 | us-gaap |
Investment Owned Percent Of Net Assets
InvestmentOwnedPercentOfNetAssets
|
1.000 | |
CY2020Q4 | us-gaap |
Assets Net
AssetsNet
|
192894000 | USD |
CY2021 | us-gaap |
Use Of Estimates
UseOfEstimates
|
The preparation of financial statements in conformity with GAAP requires us to make estimates and assumptions that affect reported amounts. Actual results could differ from those estimates. Significant estimates in the accompanying consolidated financial statements include the fair value of financial instruments | |
CY2021 | us-gaap |
Subsidiary Or Equity Method Investee Cumulative Percentage Ownership After All Transactions
SubsidiaryOrEquityMethodInvesteeCumulativePercentageOwnershipAfterAllTransactions
|
1 | |
CY2020Q4 | sevn |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
18857000 | USD |
CY2021Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
590590000 | USD |
CY2021 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
26 | loan |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2021Q4 | sevn |
Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
|
648266000 | USD |
CY2020Q4 | sevn |
Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
|
111720000 | USD |
CY2021Q4 | sevn |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
57772000 | USD |
CY2020Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
92863000 | USD |
CY2021Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
570780000 | USD |
CY2020Q4 | us-gaap |
Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
|
91879000 | USD |
CY2021Q4 | sevn |
Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
|
0.0454 | |
CY2020Q4 | sevn |
Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
|
0.0508 | |
CY2021Q4 | sevn |
Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
|
0.0508 | |
CY2020Q4 | sevn |
Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
|
0.0571 | |
CY2021Q4 | sevn |
Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
|
0.0068 | |
CY2020Q4 | sevn |
Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
|
0.0078 | |
CY2021 | sevn |
Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
|
P3Y9M18D | |
CY2020 | sevn |
Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
|
P4Y2M12D | |
CY2021Q4 | sevn |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
2.9 | |
CY2020Q4 | sevn |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2021Q4 | sevn |
Financing Receivable Capitalized Interest
FinancingReceivableCapitalizedInterest
|
96000 | USD |
CY2020Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
92863000 | USD |
CY2020Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
984000 | USD |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
4710000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
4710000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
347366000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
|
3895000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
|
343471000 | USD |
CY2021 | sevn |
Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
|
59041000 | USD |
CY2021 | sevn |
Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
|
156000 | USD |
CY2021 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
59197000 | USD |
CY2021 | sevn |
Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
|
1835000 | USD |
CY2021 | sevn |
Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
|
1835000 | USD |
CY2021 | sevn |
Mortgage Loans Acquired Gross
MortgageLoansAcquiredGross
|
204692000 | USD |
CY2021 | sevn |
Mortgage Loans Acquired Deferred Fees
MortgageLoansAcquiredDeferredFees
|
901000 | USD |
CY2021 | sevn |
Mortgage Loans Acquired Net
MortgageLoansAcquiredNet
|
205593000 | USD |
CY2021 | sevn |
Purchase Discount On Mortgage Loans Acquired Deferred Fees
PurchaseDiscountOnMortgageLoansAcquiredDeferredFees
|
36443000 | USD |
CY2021 | sevn |
Purchase Discount On Mortgage Loans Acquired Net
PurchaseDiscountOnMortgageLoansAcquiredNet
|
36443000 | USD |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021 | sevn |
Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
|
18932000 | USD |
CY2021 | sevn |
Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
|
18932000 | USD |
CY2021Q4 | srt |
Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
|
590590000 | USD |
CY2021Q4 | us-gaap |
Unamortized Loan Commitment And Origination Fees And Unamortized Discounts Or Premiums
UnamortizedLoanCommitmentAndOriginationFeesAndUnamortizedDiscountsOrPremiums
|
19810000 | USD |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
570780000 | USD |
CY2021Q4 | sevn |
Financing Receivable Origination And Exit Fees Net
FinancingReceivableOriginationAndExitFeesNet
|
120000 | USD |
CY2021 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
26 | loan |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
570780000 | USD |
CY2021Q4 | sevn |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2020Q4 | sevn |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2021 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
26 | loan |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
570780000 | USD |
CY2021Q4 | sevn |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | sevn |
Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
|
1 | |
CY2021 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
26 | loan |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
570780000 | USD |
CY2020 | srt |
Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
|
5 | loan |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021Q4 | sevn |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
2.9 | |
CY2020Q4 | sevn |
Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
|
3.0 | |
CY2021Q4 | sevn |
Secured Debt Repurchase Agreements Gross
SecuredDebtRepurchaseAgreementsGross
|
340869000 | USD |
CY2020 | us-gaap |
Interest Expense
InterestExpense
|
1208000 | USD |
CY2021Q4 | us-gaap |
Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
|
5530 | shares |
CY2021 | us-gaap |
Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
|
57000 | USD |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.15 | |
CY2021Q2 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2021Q2 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1530000 | USD |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.15 | |
CY2021Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1532000 | USD |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.15 | |
CY2021Q3 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.15 | |
CY2021Q3 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
1533000 | USD |
CY2021 | us-gaap |
Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
|
0.45 | |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.45 | |
CY2021 | us-gaap |
Dividends Common Stock Cash
DividendsCommonStockCash
|
4595000 | USD |
CY2021 | us-gaap |
Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
|
0.45 | |
CY2021 | sevn |
Common Stock Dividends Ordinary Income Distribution Percentage
CommonStockDividendsOrdinaryIncomeDistributionPercentage
|
0.79 | |
CY2021 | sevn |
Common Stock Dividends Return Of Capital Percentage
CommonStockDividendsReturnOfCapitalPercentage
|
0.21 | |
CY2021Q4 | dei |
Entity Number Of Employees
EntityNumberOfEmployees
|
0 | employee |
CY2021Q1 | us-gaap |
Administrative Fees Expense
AdministrativeFeesExpense
|
15000 | USD |
CY2020 | us-gaap |
Administrative Fees Expense
AdministrativeFeesExpense
|
77000 | USD |
CY2021Q4 | sevn |
Investment Advisory Agreement Annual Fee Rate Percent Of Average Daily Managed Assets
InvestmentAdvisoryAgreementAnnualFeeRatePercentOfAverageDailyManagedAssets
|
0.0085 | |
CY2021Q1 | us-gaap |
Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
|
22000 | USD |
CY2020 | us-gaap |
Investment Company General Partner Advisory Service
InvestmentCompanyGeneralPartnerAdvisoryService
|
2364000 | USD |
CY2020 | sevn |
Compliance And Internal Audit Cost
ComplianceAndInternalAuditCost
|
145000 | USD |
CY2021Q1 | sevn |
Base Management Fee Percent Fee Annualized
BaseManagementFeePercentFeeAnnualized
|
0.015 | |
CY2021Q1 | sevn |
Base Management Fee Percent Fee Quarterly
BaseManagementFeePercentFeeQuarterly
|
0.00375 | |
CY2021Q1 | sevn |
Management Fee Incentive Fee Percentage
ManagementFeeIncentiveFeePercentage
|
0.20 | |
CY2021Q1 | sevn |
Management Fee Incentive Fee Percentage Annual
ManagementFeeIncentiveFeePercentageAnnual
|
0.07 | |
CY2021 | sevn |
Base Management Fee
BaseManagementFee
|
3221000 | USD |
CY2021 | sevn |
Management Agreement Term
ManagementAgreementTerm
|
P1Y | |
CY2021 | sevn |
Management Agreement Termination Upon Written Notice Delivery Term
ManagementAgreementTerminationUponWrittenNoticeDeliveryTerm
|
P180D | |
CY2021 | sevn |
Management Agreement Terminated Annual Renewal Upon Notice Delivered Term
ManagementAgreementTerminatedAnnualRenewalUponNoticeDeliveredTerm
|
P180D | |
CY2021 | sevn |
Management Agreement Termination Rights Written Notice Term Cause Event
ManagementAgreementTerminationRightsWrittenNoticeTermCauseEvent
|
P30D | |
CY2021 | sevn |
Management Agreement Termination Fee Multiplier
ManagementAgreementTerminationFeeMultiplier
|
3 | |
CY2021 | sevn |
Management Agreement Termination Fee Calculation Period
ManagementAgreementTerminationFeeCalculationPeriod
|
P24M | |
CY2021 | sevn |
Management Agreement Termination Fee Calculation Period
ManagementAgreementTerminationFeeCalculationPeriod
|
P24M | |
CY2021 | sevn |
Management Agreement Termination Fee Calculation Annualized Period
ManagementAgreementTerminationFeeCalculationAnnualizedPeriod
|
P2Y | |
CY2021 | sevn |
Management Agreement Termination Fee
ManagementAgreementTerminationFee
|
1600000 | USD |
CY2021 | sevn |
Management Agreement Formation Costs Included In Termination Fee
ManagementAgreementFormationCostsIncludedInTerminationFee
|
6680000 | USD |
CY2021 | sevn |
Effective Income Tax Rate Reconciliation Business Change Amount
EffectiveIncomeTaxRateReconciliationBusinessChangeAmount
|
282000 | USD |
CY2021 | us-gaap |
Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
|
11304000 | shares |
CY2021 | us-gaap |
Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
|
0 | shares |
CY2021 | us-gaap |
Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
|
11304000 | shares |
CY2021Q4 | sevn |
Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
|
57772000 | USD |
CY2021Q4 | us-gaap |
Loss Contingency Pending Claims Number
LossContingencyPendingClaimsNumber
|
8 | claim |
CY2020Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
91879000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
|
347366000 | USD |
CY2021 | sevn |
Mortgage Loans Acquired Net
MortgageLoansAcquiredNet
|
205593000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
|
4710000 | USD |
CY2021 | sevn |
Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
|
18932000 | USD |
CY2021 | sevn |
Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Amortization Of Deferred Fees
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateAmortizationOfDeferredFees
|
1835000 | USD |
CY2021 | srt |
Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
|
59197000 | USD |
CY2021 | us-gaap |
Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
|
3895000 | USD |
CY2021 | sevn |
Purchase Discount On Mortgage Loans Acquired Net
PurchaseDiscountOnMortgageLoansAcquiredNet
|
36443000 | USD |
CY2021Q4 | us-gaap |
Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
|
570780000 | USD |