$SEVN
Seven Hills Realty Trust

2024 Q4 Form 10-Q Financial Statement

#000145247724000042 Filed on October 28, 2024

View on sec.gov

Income Statement

Concept 2024 Q4 2024 Q3
Revenue $8.857M
YoY Change -9.6%
Cost Of Revenue $8.958M
YoY Change -10.95%
Gross Profit $7.774M
YoY Change -10.85%
Gross Profit Margin 87.77%
Selling, General & Admin $1.497M
YoY Change 6.17%
% of Gross Profit 19.26%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $318.0K
YoY Change 2.58%
% of Gross Profit 4.09%
Operating Expenses $3.650M
YoY Change 414.08%
Operating Profit $4.124M
YoY Change -48.51%
Interest Expense
YoY Change
% of Operating Profit
Other Income/Expense, Net
YoY Change
Pretax Income $3.490M
YoY Change -53.41%
Income Tax $11.00K
% Of Pretax Income 0.32%
Net Earnings $3.479M
YoY Change -53.45%
Net Earnings / Revenue 39.28%
Basic Earnings Per Share $0.23
Diluted Earnings Per Share $0.23
COMMON SHARES
Basic Shares Outstanding 14.90M shares 14.83M shares
Diluted Shares Outstanding 14.72M shares

Balance Sheet

Concept 2024 Q4 2024 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $82.20M
YoY Change 36.09%
Cash & Equivalents $82.20M
Short-Term Investments
Other Short-Term Assets $2.702M
YoY Change -57.11%
Inventory
Prepaid Expenses
Receivables
Other Receivables
Total Short-Term Assets $84.90M
YoY Change 27.28%
LONG-TERM ASSETS
Property, Plant & Equipment
YoY Change
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments
YoY Change
Other Assets
YoY Change
Total Long-Term Assets $567.7M
YoY Change -16.92%
TOTAL ASSETS
Total Short-Term Assets $84.90M
Total Long-Term Assets $567.7M
Total Assets $652.6M
YoY Change -12.99%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.757M
YoY Change 1.21%
Accrued Expenses
YoY Change
Deferred Revenue
YoY Change
Short-Term Debt $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.142M
YoY Change 11.59%
LONG-TERM LIABILITIES
Long-Term Debt $375.9M
YoY Change -20.57%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $375.9M
YoY Change -20.57%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.142M
Total Long-Term Liabilities $375.9M
Total Liabilities $383.1M
YoY Change -20.14%
SHAREHOLDERS EQUITY
Retained Earnings $84.60M
YoY Change 28.94%
Common Stock $240.3M
YoY Change 0.41%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $269.5M
YoY Change
Total Liabilities & Shareholders Equity $652.6M
YoY Change -12.99%

Cashflow Statement

Concept 2024 Q4 2024 Q3
OPERATING ACTIVITIES
Net Income $3.479M
YoY Change -53.45%
Depreciation, Depletion And Amortization $318.0K
YoY Change 2.58%
Cash From Operating Activities $7.300M
YoY Change 119.22%
INVESTING ACTIVITIES
Capital Expenditures
YoY Change
Acquisitions
YoY Change
Other Investing Activities $53.13M
YoY Change -233.21%
Cash From Investing Activities $53.13M
YoY Change -233.21%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -47.83M
YoY Change -418.24%
NET CHANGE
Cash From Operating Activities 7.300M
Cash From Investing Activities 53.13M
Cash From Financing Activities -47.83M
Net Change In Cash 12.59M
YoY Change -158.52%
FREE CASH FLOW
Cash From Operating Activities $7.300M
Capital Expenditures
Free Cash Flow
YoY Change

Facts In Submission

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IncreaseDecreaseInAccruedInterestReceivableNet
-618000 usd
us-gaap Increase Decrease In Accrued Interest Receivable Net
IncreaseDecreaseInAccruedInterestReceivableNet
480000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-202000 usd
us-gaap Increase Decrease In Prepaid Deferred Expense And Other Assets
IncreaseDecreaseInPrepaidDeferredExpenseAndOtherAssets
-911000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
303000 usd
us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-9000 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
-338000 usd
us-gaap Increase Decrease In Due From Related Parties
IncreaseDecreaseInDueFromRelatedParties
181000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
16269000 usd
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
14944000 usd
sevn Payments For Originations Of Mortgage Loans Held For Investments
PaymentsForOriginationsOfMortgageLoansHeldForInvestments
51356000 usd
sevn Payments For Originations Of Mortgage Loans Held For Investments
PaymentsForOriginationsOfMortgageLoansHeldForInvestments
78038000 usd
sevn Payments For Additional Originations Of Mortgage Loans Held For Investments
PaymentsForAdditionalOriginationsOfMortgageLoansHeldForInvestments
3619000 usd
sevn Payments For Additional Originations Of Mortgage Loans Held For Investments
PaymentsForAdditionalOriginationsOfMortgageLoansHeldForInvestments
4710000 usd
sevn Repayment Of Loan Held For Investment
RepaymentOfLoanHeldForInvestment
128735000 usd
sevn Repayment Of Loan Held For Investment
RepaymentOfLoanHeldForInvestment
71643000 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
0 usd
us-gaap Proceeds From Sale Of Wholly Owned Real Estate And Real Estate Acquired In Settlement Of Loans
ProceedsFromSaleOfWhollyOwnedRealEstateAndRealEstateAcquiredInSettlementOfLoans
1742000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
220000 usd
us-gaap Payments To Acquire Real Estate Held For Investment
PaymentsToAcquireRealEstateHeldForInvestment
1339000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
73540000 usd
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-10702000 usd
sevn Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
26283000 usd
sevn Proceeds From Securities Sold Under Agreements To Repurchase
ProceedsFromSecuritiesSoldUnderAgreementsToRepurchase
63206000 usd
sevn Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
104765000 usd
sevn Repayments For Securities Sold Under Agreements To Repurchase
RepaymentsForSecuritiesSoldUnderAgreementsToRepurchase
61955000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1102000 usd
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
437000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
327000 usd
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
138000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
15556000 usd
us-gaap Payments Of Dividends
PaymentsOfDividends
15455000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-95467000 usd
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-14779000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5658000 usd
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-10537000 usd
CY2023Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
87855000 usd
CY2022Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
71067000 usd
CY2024Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
82197000 usd
CY2023Q3 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
60530000 usd
us-gaap Interest Paid Net
InterestPaidNet
24034000 usd
us-gaap Interest Paid Net
InterestPaidNet
23550000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
-22000 usd
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
133000 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
0 usd
us-gaap Transfer To Other Real Estate
TransferToOtherRealEstate
14800000 usd
us-gaap Use Of Estimates
UseOfEstimates
<div style="margin-bottom:10pt;text-indent:18pt"><span style="color:#000000;font-family:'Times New Roman',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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.</span></div>
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
20 loan
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
24 loan
CY2024Q3 sevn Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
594421000 usd
CY2023Q4 sevn Loans Held For Investment Commitments
LoansHeldForInvestmentCommitments
670293000 usd
CY2024Q3 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
36876000 usd
CY2023Q4 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
40401000 usd
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
557545000 usd
CY2023Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
629892000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
549944000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest After Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestAfterAllowanceForCreditLoss
622086000 usd
CY2024Q3 sevn Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
0.0889
CY2023Q4 sevn Loans Receivable Weighted Average Coupon Rate Percentage
LoansReceivableWeightedAverageCouponRatePercentage
0.0919
CY2024Q3 sevn Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
0.0927
CY2023Q4 sevn Loans Receivable Average All In Yield Percentage
LoansReceivableAverageAllInYieldPercentage
0.0964
CY2024Q3 sevn Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
0.0173
CY2023Q4 sevn Loans Receivable Weighted Average Libor Floor Percentage
LoansReceivableWeightedAverageLIBORFloorPercentage
0.0136
sevn Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
P2Y6M
CY2023 sevn Loans Receivable Weighted Average Term Of Maturity
LoansReceivableWeightedAverageTermOfMaturity
P3Y
CY2024Q3 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
3.1
CY2023Q4 sevn Mortgage Loans On Real Estate Weighted Average Risk Rating Of Portfolio
MortgageLoansOnRealEstateWeightedAverageRiskRatingOfPortfolio
3.0
CY2024Q2 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
610210000 usd
CY2024Q2 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
960000 usd
CY2024Q2 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
609250000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
1922000 usd
CY2024Q3 sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
0 usd
CY2024Q3 sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
1922000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
16000000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
215000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
15785000 usd
CY2024Q3 sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
70587000 usd
CY2024Q3 sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
458000 usd
CY2024Q3 srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
71045000 usd
CY2024Q3 sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
894000 usd
CY2024Q3 sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
894000 usd
CY2024Q3 sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
420000 usd
CY2024Q3 sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
420000 usd
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
557545000 usd
CY2024Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
319000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
557226000 usd
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 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 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
CY2023Q4 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
629892000 usd
CY2023Q4 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
3430000 usd
us-gaap Mortgage Loans On Real Estate Other Additions
MortgageLoansOnRealEstateOtherAdditions
3777000 usd
sevn Mortgage Loan Additional Funding Deferred Fees And Other Items
MortgageLoanAdditionalFundingDeferredFeesAndOtherItems
-158000 usd
sevn Mortgage Loan Additional Funding Net
MortgageLoanAdditionalFundingNet
3619000 usd
us-gaap Mortgage Loans On Real Estate New Mortgage Loans
MortgageLoansOnRealEstateNewMortgageLoans
52017000 usd
us-gaap Mortgage Loans On Real Estate Other Deductions
MortgageLoansOnRealEstateOtherDeductions
661000 usd
us-gaap Mortgage Loans On Real Estate Period Increase Decrease
MortgageLoansOnRealEstatePeriodIncreaseDecrease
51356000 usd
sevn Mortgage Loan Repayments Gross
MortgageLoanRepaymentsGross
128141000 usd
sevn Mortgage Loan Repayments Deferred Fees And Other Items
MortgageLoanRepaymentsDeferredFeesAndOtherItems
594000 usd
srt Mortgage Loans On Real Estate Collections Of Principal
MortgageLoansOnRealEstateCollectionsOfPrincipal
128735000 usd
sevn Amortization Of Deferred Loan Origination Fees Excluding Repayments Net
AmortizationOfDeferredLoanOriginationFeesExcludingRepaymentsNet
2177000 usd
sevn Sec Schedule1229 Real Estate Companies Investment In Mortgage Loans On Real Estate Purchase Discount Accretion
SECSchedule1229RealEstateCompaniesInvestmentInMortgageLoansOnRealEstatePurchaseDiscountAccretion
2347000 usd
CY2024Q3 srt Mortgage Loans On Real Estate Face Amount Of Mortgages
MortgageLoansOnRealEstateFaceAmountOfMortgages
557545000 usd
CY2024Q3 sevn Real Estate Companies Investment In Mortgage Loans On Real Estate Deferred Fees And Other Items
RealEstateCompaniesInvestmentInMortgageLoansOnRealEstateDeferredFeesAndOtherItems
319000 usd
CY2024Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
557226000 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
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
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
CY2023Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
671129000 usd
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
20 loan
CY2024Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
557226000 usd
CY2024Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
24 loan
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
626462000 usd
CY2023Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
20 loan
CY2024Q3 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
557226000 usd
CY2024Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
24 loan
CY2023Q4 us-gaap Mortgage Loans On Real Estate
MortgageLoansOnRealEstate
626462000 usd
CY2023Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
20 loan
CY2024Q3 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
51686000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
78064000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
197995000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
199855000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Year Five Originated Four Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFiveOriginatedFourYearsBeforeCurrentFiscalYear
29626000 usd
CY2024Q3 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
557226000 usd
CY2023 srt Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
24 loan
CY2023Q4 sevn Mortgage Loans On Real Estate Percentage Of Value Of Portfolio
MortgageLoansOnRealEstatePercentageOfValueOfPortfolio
1
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year One Originated Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearOneOriginatedCurrentFiscalYear
132204000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Two Originated Fiscal Year Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearTwoOriginatedFiscalYearBeforeCurrentFiscalYear
209580000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Three Originated Two Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearThreeOriginatedTwoYearsBeforeCurrentFiscalYear
246130000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Year Four Originated Three Years Before Current Fiscal Year
FinancingReceivableExcludingAccruedInterestYearFourOriginatedThreeYearsBeforeCurrentFiscalYear
38548000 usd
CY2023Q4 us-gaap Financing Receivable Excluding Accrued Interest Before Allowance For Credit Loss
FinancingReceivableExcludingAccruedInterestBeforeAllowanceForCreditLoss
626462000 usd
CY2024Q3 sevn Real Estate Owned Gross
RealEstateOwnedGross
11635000 usd
CY2023Q4 sevn Real Estate Owned Gross
RealEstateOwnedGross
11393000 usd
CY2024Q3 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
453000 usd
CY2023Q4 us-gaap Real Estate Owned Accumulated Depreciation
RealEstateOwnedAccumulatedDepreciation
115000 usd
CY2024Q3 sevn Real Estate Owned Net
RealEstateOwnedNet
11182000 usd
CY2023Q4 sevn Real Estate Owned Net
RealEstateOwnedNet
11278000 usd
CY2024Q3 sevn Real Estate Investment Other Acquired Real Estate Leases Net
RealEstateInvestmentOtherAcquiredRealEstateLeasesNet
3537000 usd
CY2023Q4 sevn Real Estate Investment Other Acquired Real Estate Leases Net
RealEstateInvestmentOtherAcquiredRealEstateLeasesNet
4137000 usd
CY2024Q3 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
1877000 usd
CY2023Q4 us-gaap Real Estate Investments Other
RealEstateInvestmentsOther
1352000 usd
CY2024Q3 sevn Real Estate Owned Assets
RealEstateOwnedAssets
16596000 usd
CY2023Q4 sevn Real Estate Owned Assets
RealEstateOwnedAssets
16767000 usd
CY2024Q3 sevn Real Estate Owned Accrued Expenses And Other Liabilities
RealEstateOwnedAccruedExpensesAndOtherLiabilities
507000 usd
CY2023Q4 sevn Real Estate Owned Accrued Expenses And Other Liabilities
RealEstateOwnedAccruedExpensesAndOtherLiabilities
517000 usd
CY2024Q3 sevn Real Estate Owned Liabilities
RealEstateOwnedLiabilities
507000 usd
CY2023Q4 sevn Real Estate Owned Liabilities
RealEstateOwnedLiabilities
517000 usd
CY2024Q3 sevn Real Estate Investment Other Acquired Real Estate Leases Weighted Average Remaining Lease Term
RealEstateInvestmentOtherAcquiredRealEstateLeasesWeightedAverageRemainingLeaseTerm
P7Y
CY2024Q3 sevn Real Estate Investment Other Straight Line Rent Receivable
RealEstateInvestmentOtherStraightLineRentReceivable
1077000 usd
CY2023Q4 sevn Real Estate Investment Other Straight Line Rent Receivable
RealEstateInvestmentOtherStraightLineRentReceivable
647000 usd
CY2024Q3 us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
45000 usd
us-gaap Straight Line Rent Adjustments
StraightLineRentAdjustments
430000 usd
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
24485 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
327000 usd
CY2024Q1 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.35
CY2024Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2024Q1 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5184000 usd
CY2024Q2 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2024Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5182000 usd
CY2024Q3 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.35
CY2024Q3 us-gaap Common Stock Dividends Per Share Cash Paid
CommonStockDividendsPerShareCashPaid
0.35
CY2024Q3 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
5190000 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
15556000 usd
CY2024Q3 dei Entity Number Of Employees
EntityNumberOfEmployees
0 employee
CY2024Q3 sevn Base Management Fee Percent Fee Quarterly
BaseManagementFeePercentFeeQuarterly
0.00375
CY2024Q3 sevn Base Management Fee Percent Fee Annualized
BaseManagementFeePercentFeeAnnualized
0.015
CY2024Q3 us-gaap Net Income Loss
NetIncomeLoss
3479000 usd
CY2023Q3 us-gaap Net Income Loss
NetIncomeLoss
7473000 usd
us-gaap Net Income Loss
NetIncomeLoss
12941000 usd
us-gaap Net Income Loss
NetIncomeLoss
19920000 usd
CY2024Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
40000 usd
CY2023Q3 us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
56000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
132000 usd
us-gaap Participating Securities Distributed And Undistributed Earnings Loss Basic
ParticipatingSecuritiesDistributedAndUndistributedEarningsLossBasic
161000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
3439000 usd
CY2024Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
3439000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
7417000 usd
CY2023Q3 us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
7417000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
12809000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
12809000 usd
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
19759000 usd
us-gaap Net Income Loss Available To Common Stockholders Diluted
NetIncomeLossAvailableToCommonStockholdersDiluted
19759000 usd
CY2024Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14723000 shares
CY2024Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14723000 shares
CY2023Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14640000 shares
CY2023Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14640000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14697000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14697000 shares
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
14609000 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
14609000 shares
CY2024Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.23
CY2024Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2023Q3 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.51
CY2023Q3 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.51
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
0.87
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.87
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.35
CY2024Q3 sevn Financing Receivable Unfunded Loan Commitments
FinancingReceivableUnfundedLoanCommitments
36876000 usd

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