10-Q Filing

Sachem Capital Corp. CIK: 1682220 Q2 2021

Filing Information

Form Type	10-Q
Accession Number	`0001104659-21-105467`
Period End Date	20210630
Filing Date	20210816
Fiscal Year	2021
Fiscal Period	Q2
XBRL Instance	sach-20210630x10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 82 Income Statement 116 Cash Flow Statement 97 Stockholders Equity 30

Balance Sheet 82 line items

Line Item	Tag	Value	Unit	Period
Deferred financing costs	`DeferredFinanceCostsNet`	$4.87M	USD	Point-in-time
Deferred financing costs	`DeferredFinanceCostsNet`	$4.38M	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Preferred Stock, Par or Stated Value Per Share	`PreferredStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$62.23M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$19.41M	USD	Point-in-time
Investment securities	`MarketableSecuritiesCurrent`	$44.50M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investment securities	`MarketableSecuritiesCurrent`	$37.29M	USD	Point-in-time
Preferred Stock, Shares Authorized	`PreferredStockSharesAuthorized`	5.00M	shares	Point-in-time
Investment in partnership	`EquitySecuritiesWithoutReadilyDeterminableFairValueAmount`	$1.84M	USD	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	1.70M	shares	Point-in-time
Preferred Stock, Shares Issued	`PreferredStockSharesIssued`	1.70M	shares	Point-in-time
Mortgages receivable	`MortgageLoansOnRealEstate`	$172.79M	USD	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	1.70M	shares	Point-in-time
Preferred Stock, Shares Outstanding	`PreferredStockSharesOutstanding`	1.70M	shares	Point-in-time
Mortgages receivable	`MortgageLoansOnRealEstate`	$155.62M	USD	Point-in-time
Interest and fees receivable	`InterestReceivable`	$1.82M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Interest and fees receivable	`InterestReceivable`	$2.02M	USD	Point-in-time
Common Stock, Par or Stated Value Per Share	`CommonStockParOrStatedValuePerShare`	$0.00	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Other receivables	`OtherReceivables`	$67.31K	USD	Point-in-time
Other receivables	`OtherReceivables`	$131.18K	USD	Point-in-time
Common Stock, Shares Authorized	`CommonStockSharesAuthorized`	100.00M	shares	Point-in-time
Due from borrowers	`DueFromAffiliates`	$2.03M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	22.12M	shares	Point-in-time
Due from borrowers	`DueFromAffiliates`	$2.31M	USD	Point-in-time
Common Stock, Shares, Issued	`CommonStockSharesIssued`	26.73M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	22.12M	shares	Point-in-time
Common Stock, Shares, Outstanding	`CommonStockSharesOutstanding`	26.73M	shares	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$71.31K	USD	Point-in-time
Prepaid expenses	`PrepaidExpenseCurrentAndNoncurrent`	$153.73K	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$2.17M	USD	Point-in-time
Property and equipment, net	`PropertyPlantAndEquipmentNet`	$1.43M	USD	Point-in-time
Real estate owned	`RealEstateInvestmentsOwned`	$8.86M	USD	Point-in-time
Real estate owned	`RealEstateInvestmentsOwned`	$7.89M	USD	Point-in-time
Other deposits	`OtherDeposits`	$192.65K	USD	Point-in-time
Deferred financing costs	`DeferredCostsCurrent`	$72.81K	USD	Point-in-time
Deferred financing costs	`DeferredCostsCurrent`	$88.21K	USD	Point-in-time
Total assets	`Assets`	$226.67M	USD	Point-in-time
Total assets	`Assets`	$296.32M	USD	Point-in-time
Notes payable (net of deferred financing costs of $4,383,186 and $4,866,058)	`UnsecuredDebt`	$109.64M	USD	Point-in-time
Notes payable (net of deferred financing costs of $4,383,186 and $4,866,058)	`UnsecuredDebt`	$110.14M	USD	Point-in-time
Mortgage payable	`MortgagePayable`	-	USD	Point-in-time
Mortgage payable	`MortgagePayable`	$767.51K	USD	Point-in-time
Line of credit	`LineOfCredit`	$28.06M	USD	Point-in-time
Line of credit	`LineOfCredit`	$34.28M	USD	Point-in-time
Accrued dividends payable	`DividendsPayableCurrentAndNoncurrent`	-	USD	Point-in-time
Accrued dividends payable	`DividendsPayableCurrentAndNoncurrent`	$2.65M	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$372.66K	USD	Point-in-time
Accounts payable and accrued expenses	`AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent`	$315.71K	USD	Point-in-time
Other loans	`OtherBorrowings`	$257.85K	USD	Point-in-time
Other loans	`OtherBorrowings`	-	USD	Point-in-time
Security deposits held	`SecurityDepositLiability`	$13.42K	USD	Point-in-time
Security deposits held	`SecurityDepositLiability`	$13.42K	USD	Point-in-time
Advances from borrowers	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$1.83M	USD	Point-in-time
Advances from borrowers	`AdvancePaymentsByBorrowersForTaxesAndInsurance`	$2.99M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$2.10M	USD	Point-in-time
Deferred revenue	`DeferredRevenue`	$2.23M	USD	Point-in-time
Notes payable	`NotesPayable`	$42.92K	USD	Point-in-time
Notes payable	`NotesPayable`	$54.68K	USD	Point-in-time
Accrued interest	`InterestPayableCurrentAndNoncurrent`	$3.34K	USD	Point-in-time
Accrued interest	`InterestPayableCurrentAndNoncurrent`	$18.30K	USD	Point-in-time
Total liabilities	`Liabilities`	$150.03M	USD	Point-in-time
Total liabilities	`Liabilities`	$145.75M	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; 1,700,000 shares of Series A Preferred Stock issued and outstanding	`PreferredStockValue`	$1.70K	USD	Point-in-time
Preferred shares - $.001 par value; 5,000,000 shares authorized; 1,700,000 shares of Series A Preferred Stock issued and outstanding	`PreferredStockValue`	-	USD	Point-in-time
Common stock - $.001 par value; 100,000,000 shares authorized; 26,733,213 issued and outstanding	`CommonStockValue`	$26.73K	USD	Point-in-time
Common stock - $.001 par value; 100,000,000 shares authorized; 26,733,213 issued and outstanding	`CommonStockValue`	$22.12K	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$83.81M	USD	Point-in-time
Paid-in capital	`AdditionalPaidInCapital`	$147.36M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-25.99K	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-137.80K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-963.68K	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-2.89M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$80.92M	USD	Point-in-time
Total shareholders' equity	`StockholdersEquity`	$146.29M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$296.32M	USD	Point-in-time
Total liabilities and shareholders' equity	`LiabilitiesAndStockholdersEquity`	$226.67M	USD	Point-in-time

Income Statement 116 line items

Line Item	Tag	Value	Unit	Period
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$4.68M	USD	1 Quarter
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$3.27M	USD	1 Quarter
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$9.21M	USD	2 Qtrs
Interest income from loans	`InterestAndFeeIncomeLoansAndLeases`	$6.17M	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$180.12K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$422.81K	USD	2 Qtrs
Investment income	`InvestmentIncomeNet`	$33.16K	USD	1 Quarter
Investment income	`InvestmentIncomeNet`	$130.68K	USD	2 Qtrs
Income from partnership investment	`EquitySecuritiesFvNiGainLoss`	-	USD	1 Quarter
Income from partnership investment	`EquitySecuritiesFvNiGainLoss`	$36.87K	USD	1 Quarter
Income from partnership investment	`EquitySecuritiesFvNiGainLoss`	-	USD	2 Qtrs
Income from partnership investment	`EquitySecuritiesFvNiGainLoss`	$54.24K	USD	2 Qtrs
Gain (loss) on sale of investment securities	`GainLossOnSaleOfInvestments`	$437.16K	USD	2 Qtrs
Gain (loss) on sale of investment securities	`GainLossOnSaleOfInvestments`	$-43.97K	USD	2 Qtrs
Gain (loss) on sale of investment securities	`GainLossOnSaleOfInvestments`	$85.47K	USD	1 Quarter
Gain (loss) on sale of investment securities	`GainLossOnSaleOfInvestments`	$-8.93K	USD	1 Quarter
Origination fees	`OriginationFees`	$647.50K	USD	1 Quarter
Origination fees	`OriginationFees`	$831.89K	USD	1 Quarter
Origination fees	`OriginationFees`	$1.35M	USD	2 Qtrs
Origination fees	`OriginationFees`	$1.16M	USD	2 Qtrs
Late and other fees	`RevenuesFromFeesAndCommissions`	$97.90K	USD	2 Qtrs
Late and other fees	`RevenuesFromFeesAndCommissions`	$61.97K	USD	1 Quarter
Late and other fees	`RevenuesFromFeesAndCommissions`	$35.88K	USD	2 Qtrs
Late and other fees	`RevenuesFromFeesAndCommissions`	$21.10K	USD	1 Quarter
Processing fees	`ProcessingFees`	$86.12K	USD	2 Qtrs
Processing fees	`ProcessingFees`	$79.39K	USD	2 Qtrs
Processing fees	`ProcessingFees`	$39.66K	USD	1 Quarter
Processing fees	`ProcessingFees`	$43.41K	USD	1 Quarter
Rental income (loss), net	`RentalIncomeLossNet`	$-5.21K	USD	2 Qtrs
Rental income (loss), net	`RentalIncomeLossNet`	$40.18K	USD	2 Qtrs
Rental income (loss), net	`RentalIncomeLossNet`	$-9.40K	USD	1 Quarter
Rental income (loss), net	`RentalIncomeLossNet`	$29.46K	USD	1 Quarter
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	2 Qtrs
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	1 Quarter
Other income	`OtherIncome`	$283.01K	USD	1 Quarter
Other income	`OtherIncome`	$1.00M	USD	2 Qtrs
Other income	`OtherIncome`	$543.42K	USD	1 Quarter
Other income	`OtherIncome`	$567.28K	USD	2 Qtrs
Total revenue	`Revenues`	$4.31M	USD	1 Quarter
Total revenue	`Revenues`	$6.71M	USD	1 Quarter
Total revenue	`Revenues`	$8.62M	USD	2 Qtrs
Total revenue	`Revenues`	$12.43M	USD	2 Qtrs
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$4.97M	USD	2 Qtrs
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$2.30M	USD	2 Qtrs
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$2.51M	USD	1 Quarter
Interest and amortization of deferred financing costs	`InterestAndAmortizationOfDebtServiceCosts`	$1.15M	USD	1 Quarter
Professional fees	`ProfessionalFees`	$242.41K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$110.10K	USD	1 Quarter
Professional fees	`ProfessionalFees`	$482.93K	USD	2 Qtrs
Professional fees	`ProfessionalFees`	$251.17K	USD	1 Quarter
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$812.14K	USD	1 Quarter
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$1.40M	USD	2 Qtrs
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$732.57K	USD	2 Qtrs
Compensation, fees and taxes	`CompensationFeesAndTaxes`	$388.07K	USD	1 Quarter
Exchange fees	`ExchangeFees`	$12.46K	USD	1 Quarter
Exchange fees	`ExchangeFees`	$24.80K	USD	2 Qtrs
Exchange fees	`ExchangeFees`	-	USD	1 Quarter
Exchange fees	`ExchangeFees`	$7.27K	USD	2 Qtrs
Other expenses and taxes	`TaxesAndLicenses`	$45.31K	USD	2 Qtrs
Other expenses and taxes	`TaxesAndLicenses`	$6.53K	USD	1 Quarter
Other expenses and taxes	`TaxesAndLicenses`	$23.51K	USD	1 Quarter
Other expenses and taxes	`TaxesAndLicenses`	$35.24K	USD	2 Qtrs
Depreciation	`Depreciation`	$30.97K	USD	2 Qtrs
Depreciation	`Depreciation`	$21.26K	USD	1 Quarter
Depreciation	`Depreciation`	$14.69K	USD	1 Quarter
Depreciation	`Depreciation`	$40.87K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$407.92K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$267.67K	USD	2 Qtrs
General and administrative expenses	`GeneralAndAdministrativeExpense`	$248.31K	USD	1 Quarter
General and administrative expenses	`GeneralAndAdministrativeExpense`	$127.46K	USD	1 Quarter
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	2 Qtrs
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Expense in connection with termination of credit facility	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	1 Quarter
Loss on sale of real estate	`GainLossOnSaleOfRealEstateProperties`	$-14.96K	USD	1 Quarter
Loss on sale of real estate	`GainLossOnSaleOfRealEstateProperties`	$-4.46K	USD	2 Qtrs
Loss on sale of real estate	`GainLossOnSaleOfRealEstateProperties`	$-17.10K	USD	2 Qtrs
Loss on sale of real estate	`GainLossOnSaleOfRealEstateProperties`	-	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$319.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	$294.00K	USD	1 Quarter
Impairment loss	`AssetImpairmentCharges`	$495.00K	USD	2 Qtrs
Impairment loss	`AssetImpairmentCharges`	$245.00K	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$4.12M	USD	2 Qtrs
Total operating costs and expenses	`CostsAndExpenses`	$2.04M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$4.18M	USD	1 Quarter
Total operating costs and expenses	`CostsAndExpenses`	$7.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$2.53M	USD	1 Quarter
Net income	`NetIncomeLoss`	$2.27M	USD	1 Quarter
Net income	`NetIncomeLoss`	$4.71M	USD	2 Qtrs
Net income	`NetIncomeLoss`	$4.51M	USD	2 Qtrs
Unrealized (loss) gain on investment securities	`OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax`	$-111.81K	USD	2 Qtrs
Unrealized (loss) gain on investment securities	`OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax`	$86.07K	USD	2 Qtrs
Unrealized (loss) gain on investment securities	`OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax`	$221.45K	USD	1 Quarter
Unrealized (loss) gain on investment securities	`OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax`	$-104.32K	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.43M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.59M	USD	2 Qtrs
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$2.49M	USD	1 Quarter
Comprehensive income	`ComprehensiveIncomeNetOfTax`	$4.60M	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.20	USD	2 Qtrs
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.10	USD	1 Quarter
Basic	`EarningsPerShareBasic`	$0.20	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.10	USD	1 Quarter
Diluted	`EarningsPerShareDiluted`	$0.20	USD	2 Qtrs
Diluted	`EarningsPerShareDiluted`	$0.20	USD	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	24.85M	shares	1 Quarter
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.12M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	23.50M	shares	2 Qtrs
Basic	`WeightedAverageNumberOfSharesOutstandingBasic`	22.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	23.51M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.12M	shares	1 Quarter
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	22.12M	shares	2 Qtrs
Diluted	`WeightedAverageNumberOfDilutedSharesOutstanding`	24.86M	shares	1 Quarter

Cash Flow Statement 97 line items

Line Item	Tag	Value	Unit	Period
Net income	`ProfitLoss`	$4.51M	USD	2 Qtrs
Net income	`ProfitLoss`	$4.71M	USD	2 Qtrs
Amortization of deferred financing costs and bond discount	`AmortizationOfFinancingCosts`	$502.87K	USD	2 Qtrs
Amortization of deferred financing costs and bond discount	`AmortizationOfFinancingCosts`	$235.91K	USD	2 Qtrs
Write-off of deferred financing costs	`WriteOffOfDeferredFinancingCosts`	-	USD	2 Qtrs
Write-off of deferred financing costs	`WriteOffOfDeferredFinancingCosts`	$72.81K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$30.97K	USD	2 Qtrs
Depreciation expense	`Depreciation`	$21.26K	USD	1 Quarter
Depreciation expense	`Depreciation`	$14.69K	USD	1 Quarter
Depreciation expense	`Depreciation`	$40.87K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$8.21K	USD	2 Qtrs
Stock based compensation	`ShareBasedCompensation`	$62.32K	USD	2 Qtrs
Impairment loss	`GoodwillImpairmentLoss`	$319.00K	USD	2 Qtrs
Impairment loss	`GoodwillImpairmentLoss`	$495.00K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-17.10K	USD	2 Qtrs
Loss on sale of real estate	`GainsLossesOnSalesOfInvestmentRealEstate`	$-4.46K	USD	2 Qtrs
Loss (gain) on sale of marketable securities	`MarketableSecuritiesRealizedGainLoss`	$437.16K	USD	2 Qtrs
Loss (gain) on sale of marketable securities	`MarketableSecuritiesRealizedGainLoss`	$-43.97K	USD	2 Qtrs
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	-	USD	2 Qtrs
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	2 Qtrs
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Debt forgiveness	`GainsLossesOnExtinguishmentOfDebt`	$257.85K	USD	1 Quarter
Interest and fees receivable	`IncreaseDecreaseInInterestAndFeesReceivable`	$197.93K	USD	2 Qtrs
Interest and fees receivable	`IncreaseDecreaseInInterestAndFeesReceivable`	$186.09K	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$63.87K	USD	2 Qtrs
Other receivables	`IncreaseDecreaseInOtherReceivables`	$-25.00K	USD	2 Qtrs
Due from borrowers	`IncreaseDecreaseInFinanceReceivables`	$280.68K	USD	2 Qtrs
Due from borrowers	`IncreaseDecreaseInFinanceReceivables`	$597.78K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$48.44K	USD	2 Qtrs
Prepaid expenses	`IncreaseDecreaseInPrepaidExpense`	$82.42K	USD	2 Qtrs
Deposits on property and equipment	`IncreaseDecreaseInSecurityDeposits`	$71.68K	USD	2 Qtrs
Deposits on property and equipment	`IncreaseDecreaseInSecurityDeposits`	-	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$14.96K	USD	2 Qtrs
Accrued interest	`IncreaseDecreaseInInterestPayableNet`	$-144.00	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$51.84K	USD	2 Qtrs
Accounts payable and accrued expenses	`IncreaseDecreaseInAccountsPayableAndAccruedLiabilities`	$-56.95K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$131.10K	USD	2 Qtrs
Deferred revenue	`IncreaseDecreaseInDeferredRevenue`	$-346.86K	USD	2 Qtrs
Advances from borrowers	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$163.93K	USD	2 Qtrs
Advances from borrowers	`IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance`	$1.16M	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$1.42M	USD	2 Qtrs
Total adjustments	`AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities`	$-529.46K	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$6.14M	USD	2 Qtrs
NET CASH PROVIDED BY OPERATING ACTIVITIES	`NetCashProvidedByUsedInOperatingActivities`	$3.98M	USD	2 Qtrs
Purchase of investment securities	`PaymentsToAcquireMarketableSecurities`	$85.47M	USD	2 Qtrs
Purchase of investment securities	`PaymentsToAcquireMarketableSecurities`	$17.43M	USD	2 Qtrs
Proceeds from the sale of investment securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$17.94M	USD	2 Qtrs
Proceeds from the sale of investment securities	`ProceedsFromSaleAndMaturityOfMarketableSecurities`	$78.11M	USD	2 Qtrs
Purchase of interest in investment partnership	`PaymentsToAcquireLimitedPartnershipInterests`	-	USD	2 Qtrs
Purchase of interest in investment partnership	`PaymentsToAcquireLimitedPartnershipInterests`	$1.84M	USD	2 Qtrs
Proceeds from sale of real estate owned	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$280.00K	USD	Point-in-time
Proceeds from sale of real estate owned	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$1.76M	USD	2 Qtrs
Proceeds from sale of real estate owned	`ProceedsFromSaleOfRealEstateHeldforinvestment`	$919.01K	USD	2 Qtrs
Acquisitions of and improvements to real estate owned	`PaymentsToAcquireRealEstateHeldForInvestment`	$1.03M	USD	2 Qtrs
Acquisitions of and improvements to real estate owned	`PaymentsToAcquireRealEstateHeldForInvestment`	$286.35K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$776.47K	USD	2 Qtrs
Purchase of property and equipment	`PaymentsToAcquirePropertyPlantAndEquipment`	$62.57K	USD	2 Qtrs
Security deposits held	`PaymentsForProceedsFromOtherDeposits`	$-5.62K	USD	2 Qtrs
Security deposits held	`PaymentsForProceedsFromOtherDeposits`	-	USD	2 Qtrs
Principal disbursements for mortgages receivable	`PaymentsToAcquireMortgageReceivable`	$42.30M	USD	2 Qtrs
Principal disbursements for mortgages receivable	`PaymentsToAcquireMortgageReceivable`	$75.19M	USD	2 Qtrs
Principal collections on mortgages receivable	`ProceedsFromCollectionOfMortgageReceivable`	$58.01M	USD	2 Qtrs
Principal collections on mortgages receivable	`ProceedsFromCollectionOfMortgageReceivable`	$25.42M	USD	2 Qtrs
Costs in connection with investment activities	`CostsInConnectionWithInvestmentActivities`	$192.65K	USD	2 Qtrs
Costs in connection with investment activities	`CostsInConnectionWithInvestmentActivities`	-	USD	2 Qtrs
NET CASH USED FOR INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-15.70M	USD	2 Qtrs
NET CASH USED FOR INVESTING ACTIVITIES	`NetCashProvidedByUsedInInvestingActivities`	$-26.72M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	$6.22M	USD	2 Qtrs
Proceeds from line of credit	`ProceedsFromLinesOfCredit`	-	USD	2 Qtrs
Repayment of mortgage payable	`RepaymentsOfLinesOfCredit`	$767.51K	USD	2 Qtrs
Repayment of mortgage payable	`RepaymentsOfLinesOfCredit`	$8.18K	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$10.03K	USD	2 Qtrs
Principal payments on notes payable	`RepaymentsOfNotesPayable`	$11.76K	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$2.65M	USD	2 Qtrs
Dividends paid	`PaymentsOfOrdinaryDividends`	$5.44M	USD	2 Qtrs
Financing costs incurred	`PaymentsOfFinancingCosts`	$58.35K	USD	2 Qtrs
Financing costs incurred	`PaymentsOfFinancingCosts`	$88.21K	USD	2 Qtrs
Proceeds from other loans	`ProceedsFromOtherDebt`	$257.85K	USD	2 Qtrs
Proceeds from other loans	`ProceedsFromOtherDebt`	-	USD	2 Qtrs
Proceeds from issuance of common shares, net of expenses	`ProceedsFromIssuanceOfCommonStock`	$22.88M	USD	2 Qtrs
Proceeds from issuance of common shares, net of expenses	`ProceedsFromIssuanceOfCommonStock`	-	USD	2 Qtrs
Proceeds from issuance of Series A Preferred Stock, net of expenses	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	$40.61M	USD	2 Qtrs
Proceeds from issuance of Series A Preferred Stock, net of expenses	`ProceedsFromIssuanceOfPreferredStockAndPreferenceStock`	-	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$-2.47M	USD	2 Qtrs
NET CASH PROVIDED BY (USED IN) FINANCING ACTIVITIES	`NetCashProvidedByUsedInFinancingActivities`	$63.40M	USD	2 Qtrs
NET INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-14.19M	USD	2 Qtrs
NET INCREASE(DECREASE) IN CASH AND CASH EQUIVALENTS	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$42.82M	USD	2 Qtrs
CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.23M	USD	Point-in-time
CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.41M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$4.65M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$62.23M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$18.84M	USD	Point-in-time
CASH AND CASH EQUIVALENTS - END OF PERIOD	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$19.41M	USD	Point-in-time
Interest paid	`InterestPaidNet`	$4.48M	USD	2 Qtrs
Interest paid	`InterestPaidNet`	$2.07M	USD	2 Qtrs

Stockholders Equity 30 line items

Line Item	Tag	Value	Unit	Period
Beginning balance	`MembersEquity`	$84.45M	USD	Point-in-time
Beginning balance	`MembersEquity`	$80.92M	USD	Point-in-time
Beginning balance	`MembersEquity`	$146.29M	USD	Point-in-time
Beginning balance	`MembersEquity`	$81.96M	USD	Point-in-time
Beginning balance	`MembersEquity`	$84.64M	USD	Point-in-time
Beginning balance	`MembersEquity`	$82.56M	USD	Point-in-time
Issuance of common shares, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$-58.35K	USD	2 Qtrs
Issuance of common shares, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$21.34M	USD	1 Quarter
Issuance of common shares, net of expenses	`StockIssuedDuringPeriodValueNewIssues`	$22.88M	USD	2 Qtrs
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$4.11K	USD	1 Quarter
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$8.21K	USD	2 Qtrs
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$62.41K	USD	2 Qtrs
Stock based compensation	`StockGrantedDuringPeriodValueSharebasedCompensation`	$58.31K	USD	1 Quarter
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-104.32K	USD	1 Quarter
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$221.45K	USD	1 Quarter
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$-111.81K	USD	2 Qtrs
Unrealized loss on marketable securities	`MarketableSecuritiesUnrealizedGainLoss`	$86.07K	USD	2 Qtrs
Dividends paid	`DividendsCommonStock`	$2.79M	USD	2 Qtrs
Dividends paid	`DividendsCommonStock`	$2.65M	USD	2 Qtrs
Dividends paid	`DividendsCommonStock`	$2.79M	USD	1 Quarter
Net income	`ProfitLosses`	$4.51M	USD	2 Qtrs
Net income	`ProfitLosses`	$4.71M	USD	2 Qtrs
Net income	`ProfitLosses`	$2.53M	USD	1 Quarter
Net income	`ProfitLosses`	$2.27M	USD	1 Quarter
Balance	`MembersEquity`	$84.45M	USD	Point-in-time
Balance	`MembersEquity`	$80.92M	USD	Point-in-time
Balance	`MembersEquity`	$146.29M	USD	Point-in-time
Balance	`MembersEquity`	$81.96M	USD	Point-in-time
Balance	`MembersEquity`	$84.64M	USD	Point-in-time
Balance	`MembersEquity`	$82.56M	USD	Point-in-time

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