10-K Filing

Sachem Capital Corp. CIK: 1682220 FY 2019

Filing Information

Form Type	10-K
Accession Number	`0001104659-20-039904`
Period End Date	20191231
Filing Date	20200330
Fiscal Year	2019
Fiscal Period	FY
XBRL Instance	sach-20191231.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 88 Income Statement 58 Cash Flow Statement 109 Stockholders Equity 19

Balance Sheet 88 line items

Line Item	Tag	Value	Unit	Period
Notes payable (net of deferred financing costs of $2,687,190)	`UnsecuredDebt`	-	USD	Point-in-time
Notes payable (net of deferred financing costs of $2,687,190)	`UnsecuredDebt`	$55.48M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$553.60K	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$18.84M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$99.31K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$16.60K	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash - restricted	`RestrictedCash`	$59.55K	USD	Point-in-time
Cash - restricted	`RestrictedCash`	-	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	$15.95M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Short-term marketable securities	`MarketableSecuritiesCurrent`	-	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Escrow deposits	`EscrowDeposit`	-	USD	Point-in-time
Escrow deposits	`EscrowDeposit`	$12.82K	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	0.00	shares	Point-in-time
Mortgages receivable	`MortgageLoansOnRealEstate`	$78.01M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Mortgages receivable	`MortgageLoansOnRealEstate`	$94.35M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Mortgages receivable, affiliate	`MortgagesReceivableFromAffiliate`	$879.46K	USD	Point-in-time
Mortgages receivable, affiliate	`MortgagesReceivableFromAffiliate`	-	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Interest and fees receivable	`InterestReceivable`	$1.40M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	22.12M	shares	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	15.44M	shares	Point-in-time
Interest and fees receivable	`InterestReceivable`	$1.37M	USD	Point-in-time
Other receivables	`OtherReceivables`	$155.00K	USD	Point-in-time
Other receivables	`OtherReceivables`	$141.40K	USD	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	22.12M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	15.44M	shares	Point-in-time
Due from borrowers	`DueFromAffiliates`	$840.93K	USD	Point-in-time
Due from borrowers	`DueFromAffiliates`	$695.22K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$24.73K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$14.87K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.35M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.18M	USD	Point-in-time
Deposits on property and equipment	`DepositsOnPropertyPlantAndEquipment`	$71.68K	USD	Point-in-time
Deposits on property and equipment	`DepositsOnPropertyPlantAndEquipment`	$12.00K	USD	Point-in-time
Real estate owned	`RealEstateInvestments`	$2.94M	USD	Point-in-time
Real estate owned	`RealEstateInvestments`	$8.26M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$553.60K	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$16.60K	USD	Point-in-time
Total assets	`Assets`	$141.21M	USD	Point-in-time
Total assets	`Assets`	$86.01M	USD	Point-in-time
Notes payable (net of deferred financing costs of $2,687,190)	`UnsecuredDebt`	-	USD	Point-in-time
Notes payable (net of deferred financing costs of $2,687,190)	`UnsecuredDebt`	$55.48M	USD	Point-in-time
Line of credit	`LineOfCredit`	-	USD	Point-in-time
Line of credit	`LineOfCredit`	$27.22M	USD	Point-in-time
Mortgage payable	`MortgagePayable`	$784.08K	USD	Point-in-time
Mortgage payable	`MortgagePayable`	$290.98K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$316.41K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$249.88K	USD	Point-in-time
Security deposits held	`SecurityDepositLiability`	$7.80K	USD	Point-in-time
Security deposits held	`SecurityDepositLiability`	$7.80K	USD	Point-in-time
Advances from borrowers	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$848.27K	USD	Point-in-time
Advances from borrowers	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$317.32K	USD	Point-in-time
Due to shareholder	`DueToRelatedPartiesCurrentAndNoncurrent`	$1.20M	USD	Point-in-time
Due to shareholder	`DueToRelatedPartiesCurrentAndNoncurrent`	-	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$1.21M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$1.06M	USD	Point-in-time
Notes payable	`NotesPayable`	-	USD	Point-in-time
Notes payable	`NotesPayable`	$75.43K	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Dividend payable	`DividendsPayableCurrentAndNoncurrent`	$2.62M	USD	Point-in-time
Accrued interest	`InterestPayableCurrentAndNoncurrent`	$176.62K	USD	Point-in-time
Accrued interest	`InterestPayableCurrentAndNoncurrent`	$3.42K	USD	Point-in-time
Total liabilities	`Liabilities`	$33.21M	USD	Point-in-time
Total liabilities	`Liabilities`	$58.65M	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and Contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Preferred shares - $.001 par value; 5,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Preferred shares - $.001 par value; 5,000,000 shares authorized; no shares issued	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $.001 par value; 100,000,000 shares authorized; 22,117,301 and 15,438,621 issued and outstanding	`CommonStockValue`	$22.12K	USD	Point-in-time
Common stock - $.001 par value; 100,000,000 shares authorized; 22,117,301 and 15,438,621 issued and outstanding	`CommonStockValue`	$15.44K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$83.86M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$53.19M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-50.88K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	-	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-1.27M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-405.48K	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$82.56M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$52.80M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$141.21M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$86.01M	USD	Point-in-time

Income Statement 58 line items

Line Item	Tag	Value	Unit	Period
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$8.96M	USD	Annual
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$9.75M	USD	Annual
Investment income	`InvestmentIncomeNet`	-	USD	Annual
Investment income	`InvestmentIncomeNet`	$81.11K	USD	Annual
Origination fees, net	`OriginationFees`	$1.52M	USD	Annual
Origination fees, net	`OriginationFees`	$1.41M	USD	Annual
Late and other fees	`RevenuesFromFeesAndCommissions`	$265.31K	USD	Annual
Late and other fees	`RevenuesFromFeesAndCommissions`	$189.08K	USD	Annual
Processing fees	`ProcessingFees`	$167.07K	USD	Annual
Processing fees	`ProcessingFees`	$138.32K	USD	Annual
Rental income, net	`RentalIncomeNonoperating`	$101.79K	USD	Annual
Rental income, net	`RentalIncomeNonoperating`	$69.30K	USD	Annual
Other income	`OtherIncome`	$826.69K	USD	Annual
Other income	`OtherIncome`	$837.34K	USD	Annual
Net gain on sale of real estate	`GainOnSaleOfRealEstateInvestment`	$74.86K	USD	Annual
Net gain on sale of real estate	`GainOnSaleOfRealEstateInvestment`	-	USD	Annual
Total revenue	`Revenues`	$11.71M	USD	Annual
Total revenue	`Revenues`	$12.68M	USD	Annual
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$1.67M	USD	Annual
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$2.94M	USD	Annual
Professional fees	`ProfessionalFees`	$542.92K	USD	Annual
Professional fees	`ProfessionalFees`	$417.31K	USD	Annual
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$1.25M	USD	Annual
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$1.53M	USD	Annual
Exchange fees	`ExchangeFees`	$33.53K	USD	Annual
Exchange fees	`ExchangeFees`	$44.19K	USD	Annual
Other expenses and taxes	`TaxesAndLicenses`	$90.41K	USD	Annual
Other expenses and taxes	`TaxesAndLicenses`	$20.71K	USD	Annual
Excise tax	`ExciseAndSalesTaxes`	-	USD	Annual
Excise tax	`ExciseAndSalesTaxes`	$19.00K	USD	Annual
Depreciation	`Depreciation`	$32.53K	USD	Annual
Depreciation	`Depreciation`	$63.57K	USD	Annual
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	-	USD	Annual
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	$779.64K	USD	Point-in-time
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	$-340.19K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$437.01K	USD	Annual
General and administrative expenses	`GeneralAndAdministrativeExpense`	$478.51K	USD	Annual
Net loss on sale of real estate	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$62.03K	USD	Point-in-time
Net loss on sale of real estate	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	$-34.92K	USD	Annual
Net loss on sale of real estate	`GainLossOnSaleOfPropertiesNetOfApplicableIncomeTaxes`	-	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$417.09K	USD	Annual
Impairment loss	`AssetImpairmentCharges`	$67.49K	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$3.94M	USD	Annual
Total operating costs and expenses	`CostsAndExpenses`	$6.48M	USD	Annual
Net income	`NetIncomeLoss`	$7.77M	USD	Annual
Net income	`NetIncomeLoss`	$6.20M	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-50.88K	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$6.15M	USD	Annual
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$7.77M	USD	Annual
Basic	`EarningsPerShareBasic`	$0.50	USD	Annual
Basic	`EarningsPerShareBasic`	$0.32	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.32	USD	Annual
Diluted	`EarningsPerShareDiluted`	$0.50	USD	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	19.42M	shares	Annual
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	15.43M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	15.43M	shares	Annual
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	19.42M	shares	Annual

Cash Flow Statement 109 line items

Line Item	Tag	Value	Unit	Period
Real estate acquired in connection with the foreclosure of certain mortgages, inclusive of interest and other fees receivable	`RealEstateAcquiredThroughForeclosure`	$5.41M	USD	Point-in-time
Real estate acquired in connection with the foreclosure of certain mortgages, inclusive of interest and other fees receivable	`RealEstateAcquiredThroughForeclosure`	$3.17M	USD	Point-in-time
Net income	`NetIncomeLoss`	$7.77M	USD	Annual
Loans transferred	`TransferToOtherRealEstate`	$1.20M	USD	Annual
Net income	`NetIncomeLoss`	$6.20M	USD	Annual
Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued	`NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1`	169,338.00	shares	Annual
Write-off and amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$722.58K	USD	Annual
Notes Issued	`NotesIssued1`	$21.43K	USD	Annual
Write-off and amortization of deferred financing costs	`AmortizationOfFinancingCosts`	$137.24K	USD	Annual
Depreciation expense	`Depreciation`	$32.53K	USD	Annual
Reversal Of Previously Accrued Capitalized Costs	`ReversalOfPreviouslyAccruedCapitalizedCosts`	$6.21K	USD	Annual
Depreciation expense	`Depreciation`	$63.57K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$37.59K	USD	Annual
Reclassification of mortgage receivable	`ReclassificationOfNotesReceivableToMortgageReceivable`	$879.46K	USD	Annual
Stock based compensation	`ShareBasedCompensation`	$43.15K	USD	Annual
Remaining balance of mortgages receivable	`RemainingBalanceOfMortgagesReceivable`	-	USD	Point-in-time
Impairment loss	`GoodwillImpairmentLoss`	$67.49K	USD	Annual
Impairment loss	`GoodwillImpairmentLoss`	$417.09K	USD	Annual
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$74.86K	USD	Annual
Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$160.48K	USD	Annual
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-34.92K	USD	Annual
Abandonment of office furniture	`AbandonmentOfOfficeFurniture`	$12.00K	USD	Annual
Abandonment of office furniture	`AbandonmentOfOfficeFurniture`	-	USD	Annual
Escrow deposits	`IncreaseDecreaseInEscrowDeposit`	$-98.37K	USD	Annual
Escrow deposits	`IncreaseDecreaseInEscrowDeposit`	$-12.82K	USD	Annual
Interest and fees receivable	`IncreaseDecreaseInInterestAndFeesReceivable`	$154.20K	USD	Annual
Interest and fees receivable	`IncreaseDecreaseInInterestAndFeesReceivable`	$994.90K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-13.60K	USD	Annual
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-234.57K	USD	Annual
Due from borrowers	`IncreaseDecreaseInFinanceReceivables`	$243.42K	USD	Annual
Due from borrowers	`IncreaseDecreaseInFinanceReceivables`	$-385.42K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$9.87K	USD	Annual
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$10.35K	USD	Annual
Deposits	`IncreaseDecreaseInSecurityDeposits`	$-12.00K	USD	Annual
Deposits	`IncreaseDecreaseInSecurityDeposits`	$-59.68K	USD	Annual
Due to note purchaser	`IncreaseDecreaseInNotesPayableCurrent`	-	USD	Annual
Due to note purchaser	`IncreaseDecreaseInNotesPayableCurrent`	$-723.48K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-173.20K	USD	Annual
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$136.03K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-74.34K	USD	Annual
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-66.53K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-49.99K	USD	Annual
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$147.33K	USD	Annual
Advances from borrowers	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$530.94K	USD	Annual
Advances from borrowers	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$-116.21K	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.92M	USD	Annual
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-1.56M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$6.22M	USD	Annual
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$8.12M	USD	Annual
Purchase of investments and marketable securities	`PaymentsToAcquireMarketableSecurities`	$16.00M	USD	Annual
Purchase of investments and marketable securities	`PaymentsToAcquireMarketableSecurities`	-	USD	Annual
Proceeds from sale of real estate owned	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$1.09M	USD	Annual
Proceeds from sale of real estate owned	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$1.85M	USD	Annual
Acquisitions of and improvements to real estate owned, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$1.27M	USD	Annual
Acquisitions of and improvements to real estate owned, net	`PaymentsToAcquireRealEstateHeldForInvestment`	$541.52K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$710.82K	USD	Annual
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$241.85K	USD	Annual
Security deposits	`PaymentsForProceedsFromOtherDeposits`	$-5.25K	USD	Annual
Security deposits	`PaymentsForProceedsFromOtherDeposits`	-	USD	Annual
Principal disbursements for mortgages receivable	`PaymentsToAcquireMortgageReceivable`	$64.74M	USD	Annual
Principal disbursements for mortgages receivable	`PaymentsToAcquireMortgageReceivable`	$42.08M	USD	Annual
Principal collections on mortgages receivable	`ProceedsFromCollectionOfMortgageReceivable`	$24.64M	USD	Annual
Principal collections on mortgages receivable	`ProceedsFromCollectionOfMortgageReceivable`	$43.35M	USD	Annual
NET CASH USED FOR INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-37.82M	USD	Annual
NET CASH USED FOR INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-16.84M	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$77.56M	USD	Annual
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$42.72M	USD	Annual
Repayment of line of credit	`RepaymentsOfLinesOfCredit`	$19.80M	USD	Point-in-time
Repayment of line of credit	`RepaymentsOfLinesOfCredit`	$69.94M	USD	Annual
Repayment of line of credit	`RepaymentsOfLinesOfCredit`	$60.19M	USD	Annual
Proceeds from notes sold to shareholder	`ProceedsFromNotesSoldToShareholder`	-	USD	Annual
Proceeds from notes sold to shareholder	`ProceedsFromNotesSoldToShareholder`	$1.02M	USD	Annual
Repayment of notes sold to shareholder	`RepaymentsOfRelatedPartyDebt`	-	USD	Annual
Repayment of notes sold to shareholder	`RepaymentsOfRelatedPartyDebt`	$2.22M	USD	Annual
Principal payments on mortgage payable	`PaymentsForProceedsFromMortgageDeposits`	-	USD	Annual
Principal payments on mortgage payable	`PaymentsForProceedsFromMortgageDeposits`	$10.12K	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$6.79M	USD	Annual
Dividends	`PaymentsOfOrdinaryDividends`	$9.68M	USD	Annual
Costs in connection with ATM	`PaymentOfStockIssuanceCostsInConnectionWithATM`	-	USD	Annual
Costs in connection with ATM	`PaymentOfStockIssuanceCostsInConnectionWithATM`	$160.48K	USD	Annual
Financing costs incurred	`PaymentsOfFinancingCosts`	$595.28K	USD	Annual
Financing costs incurred	`PaymentsOfFinancingCosts`	$2.87M	USD	Annual
Proceeds from mortgage payable	`ProceedsFromMortgagePayable`	$795.00K	USD	Annual
Proceeds from mortgage payable	`ProceedsFromMortgagePayable`	-	USD	Annual
Prepayment of mortgage payable	`RepaymentOfMortgagePayable`	$301.90K	USD	Annual
Prepayment of mortgage payable	`RepaymentOfMortgagePayable`	-	USD	Annual
Proceeds from notes payable, net	`ProceedsFromNotesPayable`	$75.43K	USD	Annual
Proceeds from notes payable, net	`ProceedsFromNotesPayable`	-	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	$30.54M	USD	Annual
Proceeds from issuance of common stock	`ProceedsFromIssuanceOfCommonStock`	-	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	-	USD	Annual
Proceeds from exercise of warrants	`ProceedsFromWarrantExercises`	$82.03K	USD	Annual
Proceeds from issuance of notes	`ProceedsFromIssuanceOfMediumTermNotes`	-	USD	Annual
Proceeds from issuance of notes	`ProceedsFromIssuanceOfMediumTermNotes`	$58.16M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$9.82M	USD	Annual
NET CASH PROVIDED BY FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$48.38M	USD	Annual
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-795.36K	USD	Annual
NET INCREASE (DECREASE) IN CASH, CASH EQUIVALENTS AND RESTRICTED CASH	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$18.68M	USD	Annual
CASH, CASH EQUIVALENTS AND RESTRICTED CASH- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$954.22K	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.86K	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$954.22K	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$158.86K	USD	Point-in-time
CASH, CASH EQUIVALENTS AND RESTRICTED CASH - END OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
Taxes paid	`IncomeTaxesPaid`	$53.19K	USD	Annual
Interest paid	`InterestPaidNet`	$2.24M	USD	Annual
Interest paid	`InterestPaidNet`	$1.37M	USD	Annual
Dividends declared and payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Dividends declared and payable	`DividendsPayableCurrentAndNoncurrent`	$2.62M	USD	Point-in-time

Stockholders Equity 19 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`MembersEquity`	$82.56M	USD	Point-in-time
Beginning balance	`MembersEquity`	$54.57M	USD	Point-in-time
Beginning balance	`MembersEquity`	$52.80M	USD	Point-in-time
Offering costs-ATM	`AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts`	$160.48K	USD	Annual
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$43.15K	USD	Annual
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$37.59K	USD	Annual
Dividends paid	`DividendsCommonStock`	$6.79M	USD	Annual
Dividends paid	`DividendsCommonStock`	$7.06M	USD	Annual
Dividends declared and payable	`DividendsCommonStockCash`	$2.62M	USD	Annual
Net income for the year	`NetIncomeLoss`	$7.77M	USD	Annual
Net income for the year	`NetIncomeLoss`	$6.20M	USD	Annual
Sales of stock through ATM	`StockIssuedDuringPeriodValueNewIssues`	$10.58M	USD	Annual
Sale of common stock	`StockIssuedDuringPeriodSharesNewIssues`	2.30M	shares	Annual
Exercise of warrants	`StockIssuedDuringPeriodValueWarrantsExercised`	$82.03K	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	$-50.88K	USD	Annual
Unrealized loss on marketable securities	`OtherComprehensiveIncomeUnrealizedHoldingGainLossOnSecuritiesArisingDuringPeriodNetOfTax`	-	USD	Annual
Balance	`MembersEquity`	$82.56M	USD	Point-in-time
Balance	`MembersEquity`	$54.57M	USD	Point-in-time
Balance	`MembersEquity`	$52.80M	USD	Point-in-time

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.