$SEVN
Seven Hills Realty Trust

2023 Q4 Form 10-Q Financial Statement

#000145247723000036 Filed on October 31, 2023

View on sec.gov

Income Statement

Concept 2023 Q4 2023 Q3
Revenue $18.92M $9.798M
YoY Change 13.1% 25.63%
Cost Of Revenue $9.998M $10.06M
YoY Change 17.5% 54.51%
Gross Profit $8.920M $8.720M
YoY Change 8.54% 29.47%
Gross Profit Margin 47.15% 89.0%
Selling, General & Admin $1.236M $1.410M
YoY Change 67.03% 38.78%
% of Gross Profit 13.86% 16.17%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $294.0K $310.0K
YoY Change
% of Gross Profit 3.3% 3.56%
Operating Expenses $2.419M $710.0K
YoY Change 66.6% -53.78%
Operating Profit $6.501M $8.010M
YoY Change -3.92% 54.07%
Interest Expense $8.979M
YoY Change 64.84%
% of Operating Profit 112.1%
Other Income/Expense, Net
YoY Change
Pretax Income $5.942M $7.491M
YoY Change -12.18% 44.09%
Income Tax -$103.0K $18.00K
% Of Pretax Income -1.73% 0.24%
Net Earnings $6.045M $7.473M
YoY Change -10.58% 44.38%
Net Earnings / Revenue 31.95% 76.27%
Basic Earnings Per Share $0.51
Diluted Earnings Per Share $0.41 $0.51
COMMON SHARES
Basic Shares Outstanding 14.81M shares 14.74M shares
Diluted Shares Outstanding 14.64M shares

Balance Sheet

Concept 2023 Q4 2023 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $87.86M $60.40M
YoY Change 23.64% -20.91%
Cash & Equivalents $87.86M $60.39M
Short-Term Investments
Other Short-Term Assets $2.537M $6.300M
YoY Change -56.64% 74.61%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $90.39M $66.70M
YoY Change 17.53% -16.6%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets $100.0K
YoY Change 51.52%
Total Long-Term Assets $641.1M $683.3M
YoY Change -4.3% -1.72%
TOTAL ASSETS
Total Short-Term Assets $90.39M $66.70M
Total Long-Term Assets $641.1M $683.3M
Total Assets $731.5M $750.0M
YoY Change -2.05% -3.25%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $3.808M $4.700M
YoY Change 100.11% 211.67%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $5.855M $6.400M
YoY Change 56.26% 95.36%
LONG-TERM LIABILITIES
Long-Term Debt $454.4M $473.3M
YoY Change -3.63% -6.0%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $454.4M $473.3M
YoY Change -3.63% -6.0%
TOTAL LIABILITIES
Total Short-Term Liabilities $5.855M $6.400M
Total Long-Term Liabilities $454.4M $473.3M
Total Liabilities $460.3M $479.7M
YoY Change -3.15% -5.34%
SHAREHOLDERS EQUITY
Retained Earnings $71.66M $65.62M
YoY Change 37.04% 44.11%
Common Stock $239.5M $239.4M
YoY Change 0.39% 0.39%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $271.2M $270.3M
YoY Change
Total Liabilities & Shareholders Equity $731.5M $750.0M
YoY Change -2.05% -3.25%

Cashflow Statement

Concept 2023 Q4 2023 Q3
OPERATING ACTIVITIES
Net Income $6.045M $7.473M
YoY Change -10.58% 44.38%
Depreciation, Depletion And Amortization $294.0K $310.0K
YoY Change
Cash From Operating Activities $5.330M $3.330M
YoY Change 91.18% -8.92%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $46.54M -$39.88M
YoY Change 67.41% 78.37%
Cash From Investing Activities $46.54M -$39.88M
YoY Change 67.41% 78.37%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -24.55M 15.03M
YoY Change -31.74% -67.85%
NET CHANGE
Cash From Operating Activities 5.330M 3.330M
Cash From Investing Activities 46.54M -39.88M
Cash From Financing Activities -24.55M 15.03M
Net Change In Cash 27.33M -21.52M
YoY Change -608.9% -176.74%
FREE CASH FLOW
Cash From Operating Activities $5.330M $3.330M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
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CY2022Q4 us-gaap Restricted Cash
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sevn Payments For Originations Of Mortgage Loans Held For Investments
PaymentsForOriginationsOfMortgageLoansHeldForInvestments
179265000 usd
sevn Payments For Additional Originations Of Mortgage Loans Held For Investments
PaymentsForAdditionalOriginationsOfMortgageLoansHeldForInvestments
4710000 usd
sevn Payments For Additional Originations Of Mortgage Loans Held For Investments
PaymentsForAdditionalOriginationsOfMortgageLoansHeldForInvestments
12095000 usd
sevn Repayment Of Loan Held For Investment
RepaymentOfLoanHeldForInvestment
71643000 usd
sevn Repayment Of Loan Held For Investment
RepaymentOfLoanHeldForInvestment
79490000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
1742000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
0 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1339000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
0 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10702000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-111870000 usd
sevn Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
63206000 usd
sevn Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
284867000 usd
sevn Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
61955000 usd
sevn Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
119905000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
437000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1859000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
138000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
96000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
15455000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
10958000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14779000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
152049000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10537000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50142000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71067000 usd
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
26295000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60530000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76437000 usd
us-gaap Interest Paid Net
InterestPaidNet
23550000 usd
us-gaap Interest Paid Net
InterestPaidNet
8728000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
133000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
92000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
14800000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
CY2023Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
60391000 usd
CY2022Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
76371000 usd
CY2023Q3 us-gaap Restricted Cash
RestrictedCash
139000 usd
CY2022Q3 us-gaap Restricted Cash
RestrictedCash
66000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60530000 usd
CY2022Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
76437000 usd
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 condensed consolidated financial statements include the allowance for credit losses, the valuation of real estate owned and the fair value of financial instruments.
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
Certain prior year amounts have been reclassified to conform to current year presentation.
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
26 loan
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
27 loan
CY2023Q3 sevn Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
720397000 usd
CY2022Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
10306000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
695154000 usd
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
678555000 usd
CY2022Q4 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
8626000 usd
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
669929000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
4943000 usd
sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
-14000 usd
sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
4929000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
79050000 usd
us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
1012000 usd
CY2022Q4 sevn Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
727562000 usd
CY2023Q3 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
45182000 usd
CY2022Q4 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
49007000 usd
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
675215000 usd
CY2022Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
678555000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
667848000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
669929000 usd
CY2023Q3 sevn Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
0.0921
CY2022Q4 sevn Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
0.0807
CY2023Q3 sevn Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
0.0966
CY2022Q4 sevn Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
0.0857
CY2023Q3 sevn Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
0.0109
CY2022Q4 sevn Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
0.0062
CY2022Q4 sevn Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
0.0062
sevn Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
P2Y9M18D
CY2022 sevn Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
P3Y3M18D
CY2023Q3 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
2.9
CY2022Q4 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
2.9
CY2023Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
634920000 usd
CY2023Q2 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
5395000 usd
CY2023Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
629525000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
919000 usd
CY2023Q3 sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
0 usd
CY2023Q3 sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
919000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
41550000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
528000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
41022000 usd
CY2023Q3 sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
2174000 usd
CY2023Q3 sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
0 usd
CY2023Q3 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
2174000 usd
CY2023Q3 sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
762000 usd
CY2023Q3 sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
1075000 usd
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
675215000 usd
CY2023Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
4086000 usd
CY2023Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
671129000 usd
CY2022Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
682285000 usd
CY2022Q2 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
12100000 usd
CY2022Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
670185000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
4267000 usd
CY2022Q3 sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
0 usd
CY2022Q3 sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
4267000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
38440000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
510000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
37930000 usd
CY2022Q3 sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
19532000 usd
CY2022Q3 sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
115000 usd
CY2022Q3 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
19647000 usd
CY2022Q3 sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
823000 usd
CY2022Q3 sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
1596000 usd
CY2022Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
705460000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
206022000 usd
us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
78038000 usd
sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
71468000 usd
sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
175000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
71643000 usd
sevn Mortgage Loans On Real Estate Transfer To Real Estate Owned Principal
MortgageLoansOnRealEstateTransferToRealEstateOwnedPrincipal
-15865000 usd
sevn Mortgage Loans On Real Estate Transfer To Real Estate Owned Deferred Fees And Other Items
MortgageLoansOnRealEstateTransferToRealEstateOwnedDeferredFeesAndOtherItems
-95000 usd
sevn Mortgage Loans On Real Estate Transfer To Real Estate Owned Amortized Cost
MortgageLoansOnRealEstateTransferToRealEstateOwnedAmortizedCost
15960000 usd
sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
2529000 usd
sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
3307000 usd
CY2023Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
675215000 usd
CY2023Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
4086000 usd
CY2021Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
590590000 usd
CY2021Q4 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
19810000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
12497000 usd
sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
0 usd
sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
12497000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
181244000 usd
us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
1979000 usd
us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
179265000 usd
sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
78871000 usd
sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
619000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
79490000 usd
sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
2935000 usd
sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
2935000 usd
sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
9167000 usd
sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
9167000 usd
CY2022Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
705460000 usd
CY2022Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
10306000 usd
CY2022Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
695154000 usd
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
26 loan
CY2023Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
671129000 usd
CY2023Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
27 loan
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
669929000 usd
CY2022Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
26 loan
CY2023Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
671129000 usd
CY2023Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
27 loan
CY2022Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
669929000 usd
CY2022Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
26 loan
CY2023Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
78349000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
208674000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
300619000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
83487000 usd
CY2023Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
671129000 usd
CY2022 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
27 loan
CY2022Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
340818000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
78448000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Originated More Than Five Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestOriginatedMoreThanFiveYearsBeforeCurrentFiscalYear
44641000 usd
CY2022Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
669929000 usd
CY2022Q4 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
2.9
CY2023Q3 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
2.9
us-gaap Financing Receivable Accrued Interest Writeoff
FinancingReceivableAccruedInterestWriteoff
88000 usd
CY2023Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Property Plant And Equipment
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment
14800000 usd
CY2023Q2 us-gaap Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Land
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedLand
2880000 usd
CY2023Q2 sevn Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Building And Building Improvements
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedBuildingAndBuildingImprovements
7325000 usd
CY2023Q2 sevn Business Combination Recognized Identifiable Assets Acquired And Liabilities Assumed Real Estate Leases
BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedRealEstateLeases
4595000 usd
CY2023Q3 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
5290000 usd
CY2023Q3 sevn Real Estate Investment Other Acquired Real Estate Leases Net
RealEstateInvestmentOtherAcquiredRealEstateLeasesNet
4337000 usd
CY2023Q3 sevn Real Estate Investment Other Straight Line Rent Receivable
RealEstateInvestmentOtherStraightLineRentReceivable
362000 usd
CY2023Q3 sevn Real Estate Lease Weighted Average Remaining Lease Term
RealEstateLeaseWeightedAverageRemainingLeaseTerm
P7Y4M24D
CY2023Q3 sevn Real Estate Owned Accrued Expenses And Other Liabilities
RealEstateOwnedAccruedExpensesAndOtherLiabilities
762000 usd
CY2022Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
0 usd
CY2022Q4 sevn Real Estate Owned Accrued Expenses And Other Liabilities
RealEstateOwnedAccruedExpensesAndOtherLiabilities
0 usd
CY2023Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
295000 usd
CY2023Q3 us-gaap Debt Instrument Collateral Amount
DebtInstrumentCollateralAmount
474866000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
13257 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
138000 usd
CY2023Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5147000 usd
CY2023Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5148000 usd
CY2023Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2023Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5160000 usd
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
1.05
us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
1.05
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
15455000 usd
CY2023Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2023Q3 sevn Base Management Fee Percent Fee Quarterly
BaseManagementFeePercentFeeQuarterly
0.00375
CY2023Q3 sevn Base Management Fee Percent Fee Annualized
BaseManagementFeePercentFeeAnnualized
0.015
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
7473000 usd
CY2022Q3 us-gaap Net Income Loss
NetIncomeLoss
5176000 usd
us-gaap Net Income Loss
NetIncomeLoss
19920000 usd
us-gaap Net Income Loss
NetIncomeLoss
20880000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
56000 usd
CY2022Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
33000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
161000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
133000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7417000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
5143000 usd
CY2022Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
5143000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19759000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19759000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
20747000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
20747000 usd
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14640000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14640000 shares
CY2022Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14551000 shares
CY2022Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14551000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14609000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14609000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14526000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14526000 shares
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
CY2022Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.35
CY2022Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.35
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.43
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.43
CY2023Q3 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
45182000 usd
CY2023Q3 sevn Unspent Leasing Related Obligation
UnspentLeasingRelatedObligation
474000 usd

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