10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001144204-17-057980 |
| Period End Date | 20170930 |
| Filing Date | 20171113 |
| Fiscal Year | 2017 |
| Fiscal Period | Q3 |
| XBRL Instance | sach-20170930.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
76 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| 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 |
| Preferred Stock, Shares Authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Cash |
Cash
|
$3.28M | USD | Point-in-time |
| Cash |
Cash
|
$1.56M | USD | Point-in-time |
| Cash |
Cash
|
$1.83M | USD | Point-in-time |
| Cash |
Cash
|
$1.02M | USD | Point-in-time |
| Preferred Stock, Shares Authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Escrow deposits |
EscrowDeposit
|
$46.44K | USD | Point-in-time |
| Escrow deposits |
EscrowDeposit
|
- | USD | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
0.00 | shares | Point-in-time |
| Common Stock, Par or Stated Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Mortgages receivable |
MortgageLoansOnRealEstate
|
$52.69M | USD | Point-in-time |
| Common Stock, Par or Stated Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Mortgages receivable |
MortgageLoansOnRealEstate
|
$32.52M | USD | Point-in-time |
| Mortgages receivable, affiliate |
MortgagesReceivableFromAffiliate
|
$1.23M | USD | Point-in-time |
| Mortgages receivable, affiliate |
MortgagesReceivableFromAffiliate
|
- | USD | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
50.00M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
11.10M | shares | Point-in-time |
| Interest and fees receivable |
InterestReceivable
|
$478.93K | USD | Point-in-time |
| Interest and fees receivable |
InterestReceivable
|
$633.81K | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
11.10M | shares | Point-in-time |
| Other receivables |
OtherReceivables
|
$182.84K | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
11.10M | shares | Point-in-time |
| Other receivables |
OtherReceivables
|
$168.62K | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
11.10M | shares | Point-in-time |
| Due from borrowers |
DueFromAffiliates
|
$360.61K | USD | Point-in-time |
| Due from borrowers |
DueFromAffiliates
|
$81.91K | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$38.34K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$397.45K | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$508.55K | USD | Point-in-time |
| Real estate owned |
RealEstateInvestments
|
$1.22M | USD | Point-in-time |
| Real estate owned |
RealEstateInvestments
|
$1.22M | USD | Point-in-time |
| Pre-offering costs |
PreofferingCosts
|
$72.43K | USD | Point-in-time |
| Pre-offering costs |
PreofferingCosts
|
$625.89K | USD | Point-in-time |
| Deposits on property |
SecurityDeposit
|
- | USD | Point-in-time |
| Deposits on property |
SecurityDeposit
|
- | USD | Point-in-time |
| Deferred financing costs |
DeferredFinanceCostsNet
|
$111.00K | USD | Point-in-time |
| Deferred financing costs |
DeferredFinanceCostsNet
|
$67.47K | USD | Point-in-time |
| Total assets |
Assets
|
$38.37M | USD | Point-in-time |
| Total assets |
Assets
|
$56.88M | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$15.92M | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$8.11M | USD | Point-in-time |
| Mortgage payable |
NotesPayable
|
$303.57K | USD | Point-in-time |
| Mortgage payable |
NotesPayable
|
$310.00K | USD | Point-in-time |
| Accrued expenses |
NotesPayableAndOtherAccruedExpenses
|
$196.09K | USD | Point-in-time |
| Accrued expenses |
NotesPayableAndOtherAccruedExpenses
|
$77.91K | USD | Point-in-time |
| Security deposit held |
SecurityDepositLiability
|
$2.55K | USD | Point-in-time |
| Security deposit held |
SecurityDepositLiability
|
$800.00 | USD | Point-in-time |
| Advances from borrowers |
DueToAffiliateCurrentAndNoncurrent
|
$291.88K | USD | Point-in-time |
| Advances from borrowers |
DueToAffiliateCurrentAndNoncurrent
|
$446.76K | USD | Point-in-time |
| Due to shareholders/member |
DueToOfficersOrStockholdersCurrentAndNoncurrent
|
$16.96K | USD | Point-in-time |
| Due to shareholders/member |
DueToOfficersOrStockholdersCurrentAndNoncurrent
|
$656.30K | USD | Point-in-time |
| Deferred revenue |
DeferredRevenue
|
$871.20K | USD | Point-in-time |
| Deferred revenue |
DeferredRevenue
|
$290.46K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrentAndNoncurrent
|
$79.42K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrentAndNoncurrent
|
$24.35K | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$17.72M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$9.88M | 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; 50,000,000 authorized; 11,103,237 issued and outstanding |
CommonStockValue
|
$11.10K | USD | Point-in-time |
| Common stock - $.001 par value; 50,000,000 authorized; 11,103,237 issued and outstanding |
CommonStockValue
|
- | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
$37.98M | USD | Point-in-time |
| Additional paid-in capital |
AdditionalPaidInCapital
|
- | USD | Point-in-time |
| Members' equity |
MembersEquity
|
- | USD | Point-in-time |
| Members' equity |
MembersEquity
|
$28.49M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
$1.16M | USD | Point-in-time |
| Retained earnings |
RetainedEarningsAccumulatedDeficit
|
- | USD | Point-in-time |
| Total shareholders'/members equity |
StockholdersEquity
|
$28.49M | USD | Point-in-time |
| Total shareholders'/members equity |
StockholdersEquity
|
$39.16M | USD | Point-in-time |
| Total liabilities and shareholders'/members equity |
LiabilitiesAndStockholdersEquity
|
$38.37M | USD | Point-in-time |
| Total liabilities and shareholders'/members equity |
LiabilitiesAndStockholdersEquity
|
$56.88M | USD | Point-in-time |
Income Statement
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$3.83M | USD | 3 Qtrs |
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$2.69M | USD | 3 Qtrs |
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$952.51K | USD | 1 Quarter |
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$1.57M | USD | 1 Quarter |
| Origination fees, net |
OriginationFees
|
$464.21K | USD | 3 Qtrs |
| Origination fees, net |
OriginationFees
|
$196.81K | USD | 1 Quarter |
| Origination fees, net |
OriginationFees
|
$138.62K | USD | 3 Qtrs |
| Origination fees, net |
OriginationFees
|
$43.48K | USD | 1 Quarter |
| Late and other fees |
FeesAndCommissionsCreditAndDebitCards
|
$100.45K | USD | 3 Qtrs |
| Late and other fees |
FeesAndCommissionsCreditAndDebitCards
|
$35.00K | USD | 1 Quarter |
| Late and other fees |
FeesAndCommissionsCreditAndDebitCards
|
$99.31K | USD | 3 Qtrs |
| Late and other fees |
FeesAndCommissionsCreditAndDebitCards
|
- | USD | 1 Quarter |
| Processing fees |
ProcessingFees
|
$44.09K | USD | 3 Qtrs |
| Processing fees |
ProcessingFees
|
$30.48K | USD | 1 Quarter |
| Processing fees |
ProcessingFees
|
$84.86K | USD | 3 Qtrs |
| Processing fees |
ProcessingFees
|
$17.10K | USD | 1 Quarter |
| Rental income, net |
RentalIncomeNonoperating
|
$9.64K | USD | 1 Quarter |
| Rental income, net |
RentalIncomeNonoperating
|
$2.95K | USD | 1 Quarter |
| Rental income, net |
RentalIncomeNonoperating
|
$20.01K | USD | 3 Qtrs |
| Rental income, net |
RentalIncomeNonoperating
|
$58.87K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$205.78K | USD | 3 Qtrs |
| Other income |
OtherIncome
|
$80.20K | USD | 1 Quarter |
| Other income |
OtherIncome
|
- | USD | 1 Quarter |
| Other income |
OtherIncome
|
- | USD | 3 Qtrs |
| Gain on sale of real estate |
GainOnSaleOfRealEstateInvestement
|
- | USD | 3 Qtrs |
| Gain on sale of real estate |
GainOnSaleOfRealEstateInvestement
|
$15.93K | USD | 1 Quarter |
| Gain on sale of real estate |
GainOnSaleOfRealEstateInvestement
|
$178.00 | USD | 3 Qtrs |
| Gain on sale of real estate |
GainOnSaleOfRealEstateInvestement
|
- | USD | 1 Quarter |
| Total revenue |
Revenues
|
$2.99M | USD | 3 Qtrs |
| Total revenue |
Revenues
|
$1.02M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$4.75M | USD | 3 Qtrs |
| Total revenue |
Revenues
|
$1.94M | USD | 1 Quarter |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$360.68K | USD | 3 Qtrs |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$302.55K | USD | 1 Quarter |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$589.46K | USD | 3 Qtrs |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$138.99K | USD | 1 Quarter |
| Compensation to manager |
SalariesAndWages
|
$79.44K | USD | 1 Quarter |
| Compensation to manager |
SalariesAndWages
|
$231.96K | USD | 3 Qtrs |
| Compensation to manager |
SalariesAndWages
|
$35.85K | USD | 3 Qtrs |
| Compensation to manager |
SalariesAndWages
|
- | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$179.34K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$44.74K | USD | 3 Qtrs |
| Professional fees |
ProfessionalFees
|
$47.20K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$20.00K | USD | 1 Quarter |
| Compensation, fees and taxes |
CompensationfeesAndTaxes
|
$195.67K | USD | 1 Quarter |
| Compensation, fees and taxes |
CompensationfeesAndTaxes
|
$466.50K | USD | 3 Qtrs |
| Compensation, fees and taxes |
CompensationfeesAndTaxes
|
$28.60K | USD | 3 Qtrs |
| Compensation, fees and taxes |
CompensationfeesAndTaxes
|
$6.21K | USD | 1 Quarter |
| Exchange fees |
ExchangeFees
|
- | USD | 3 Qtrs |
| Exchange fees |
ExchangeFees
|
- | USD | 1 Quarter |
| Exchange fees |
ExchangeFees
|
$31.55K | USD | 1 Quarter |
| Exchange fees |
ExchangeFees
|
$69.21K | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$21.62K | USD | 3 Qtrs |
| Depreciation |
Depreciation
|
$8.73K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
- | USD | 1 Quarter |
| Depreciation |
Depreciation
|
- | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$212.68K | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
- | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
- | USD | 3 Qtrs |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$35.34K | USD | 1 Quarter |
| Impairment loss |
ImpairmentOfRealEstate
|
$96.70K | USD | 1 Quarter |
| Impairment loss |
ImpairmentOfRealEstate
|
$96.70K | USD | 3 Qtrs |
| Impairment loss |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Impairment loss |
ImpairmentOfRealEstate
|
- | USD | 3 Qtrs |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$621.04K | USD | 1 Quarter |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$1.57M | USD | 3 Qtrs |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$762.68K | USD | 3 Qtrs |
| Total operating costs and expenses |
OperatingCostsAndExpenses
|
$341.35K | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.23M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.32M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.17M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$674.70K | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.12 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.26 | USD | 3 Qtrs |
| Basic |
EarningsPerShareBasic
|
- | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
- | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
- | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
$0.26 | USD | 3 Qtrs |
| Diluted |
EarningsPerShareDiluted
|
- | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.12 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
11.10M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
11.10M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
11.10M | shares | 3 Qtrs |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
11.10M | shares | 1 Quarter |
Cash Flow Statement
96 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Liabilities Assumed |
LiabilitiesAssumed1
|
$85.97K | USD | 3 Qtrs |
| Noncash or Part Noncash Acquisition, Noncash Financial or Equity Instrument Consideration, Shares Issued |
NoncashOrPartNoncashAcquisitionNoncashFinancialOrEquityInstrumentConsiderationSharesIssued1
|
6.28M | shares | Point-in-time |
| Net income |
NetIncomeLoss
|
$2.23M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.32M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.17M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$674.70K | USD | 1 Quarter |
| Real Estate Owned, Transfer from Real Estate Owned |
TransferOfOtherRealEstate
|
$496.95K | USD | 3 Qtrs |
| Real Estate Owned, Transfer from Real Estate Owned |
TransferOfOtherRealEstate
|
$107.50K | USD | 3 Qtrs |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$43.68K | USD | 3 Qtrs |
| Interest Receivable Transferred To Other Real Estate |
InterestReceivableTransferredToOtherRealEstate
|
$35.51K | USD | 3 Qtrs |
| Amortization of deferred financing costs |
AmortizationOfFinancingCosts
|
$36.12K | USD | 3 Qtrs |
| Depreciation expense |
Depreciation
|
$21.62K | USD | 3 Qtrs |
| Depreciation expense |
Depreciation
|
$8.73K | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
- | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
- | USD | 3 Qtrs |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
- | USD | 3 Qtrs |
| Gain on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$179.00 | USD | 3 Qtrs |
| Impairment loss |
ImpairmentOfRealEstate
|
$96.70K | USD | 1 Quarter |
| Impairment loss |
ImpairmentOfRealEstate
|
$96.70K | USD | 3 Qtrs |
| Impairment loss |
ImpairmentOfRealEstate
|
- | USD | 1 Quarter |
| Impairment loss |
ImpairmentOfRealEstate
|
- | USD | 3 Qtrs |
| Adjustment to loss for sale of collateral |
GainLossOnSaleOfMortgageLoans
|
$42.23K | USD | 3 Qtrs |
| Adjustment to loss for sale of collateral |
GainLossOnSaleOfMortgageLoans
|
- | USD | 3 Qtrs |
| Interest and fees receivable |
IncreaseDecreaseInInterestAndFeesReceivable
|
$154.88K | USD | 3 Qtrs |
| Interest and fees receivable |
IncreaseDecreaseInInterestAndFeesReceivable
|
$199.28K | USD | 3 Qtrs |
| Other receivables |
IncreaseDecreaseInOtherReceivables
|
$-14.23K | USD | 3 Qtrs |
| Other receivables |
IncreaseDecreaseInOtherReceivables
|
$81.55K | USD | 3 Qtrs |
| Due from borrowers |
IncreaseDecreaseInFinanceReceivables
|
$278.69K | USD | 3 Qtrs |
| Due from borrowers |
IncreaseDecreaseInFinanceReceivables
|
- | USD | 3 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$38.34K | USD | 3 Qtrs |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
- | USD | 3 Qtrs |
| Due to member |
IncreaseDecreaseInDueToAffiliates
|
$-656.30K | USD | 3 Qtrs |
| Due to member |
IncreaseDecreaseInDueToAffiliates
|
$276.74K | USD | 3 Qtrs |
| Due to shareholder |
IncreaseDecreaseInDueToOfficersAndStockholders
|
$16.96K | USD | 3 Qtrs |
| Due to shareholder |
IncreaseDecreaseInDueToOfficersAndStockholders
|
- | USD | 3 Qtrs |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-14.74K | USD | 3 Qtrs |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$55.07K | USD | 3 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
$-118.18K | USD | 3 Qtrs |
| Accrued expenses |
IncreaseDecreaseInAccruedLiabilities
|
- | USD | 3 Qtrs |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$-1.16K | USD | 3 Qtrs |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$580.74K | USD | 3 Qtrs |
| Advances from borrowers |
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
$76.23K | USD | 3 Qtrs |
| Advances from borrowers |
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
$154.89K | USD | 3 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$189.05K | USD | 3 Qtrs |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$-401.62K | USD | 3 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$2.42M | USD | 3 Qtrs |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$2.77M | USD | 3 Qtrs |
| Proceeds from sale of real estate owned |
ProceedsFromSaleOfOtherRealEstate
|
$545.97K | USD | 3 Qtrs |
| Proceeds from sale of real estate owned |
ProceedsFromSaleOfOtherRealEstate
|
$530.18K | USD | 3 Qtrs |
| Acquisitions of and improvements to real estate owned |
PaymentsToAcquireRealEstate
|
$424.02K | USD | 3 Qtrs |
| Acquisitions of and improvements to real estate owned |
PaymentsToAcquireRealEstate
|
$562.95K | USD | 3 Qtrs |
| Escrow deposit |
RepaymentsOfEscrowDeposit
|
$46.44K | USD | 3 Qtrs |
| Escrow deposit |
RepaymentsOfEscrowDeposit
|
$57.00K | USD | 3 Qtrs |
| Purchase of furniture and equipment |
PaymentsToAcquireFurnitureAndFixtures
|
- | USD | 3 Qtrs |
| Purchase of furniture and equipment |
PaymentsToAcquireFurnitureAndFixtures
|
$132.73K | USD | 3 Qtrs |
| Purchase of furniture and equipment |
PaymentsToAcquireFurnitureAndFixtures
|
$92.81K | USD | Point-in-time |
| Security deposit |
ProceedsFromSaleOfInvestmentProjects
|
$1.75K | USD | 3 Qtrs |
| Security deposit |
ProceedsFromSaleOfInvestmentProjects
|
- | USD | 3 Qtrs |
| Principal disbursements for mortgages receivable |
PaymentsToAcquireMortgageReceivable
|
$33.79M | USD | 3 Qtrs |
| Principal disbursements for mortgages receivable |
PaymentsToAcquireMortgageReceivable
|
$14.34M | USD | 3 Qtrs |
| Principal collections on mortgages receivable |
ProceedsFromCollectionOfMortagageReceivable
|
$10.92M | USD | 3 Qtrs |
| Principal collections on mortgages receivable |
ProceedsFromCollectionOfMortagageReceivable
|
$14.85M | USD | 3 Qtrs |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-19.01M | USD | 3 Qtrs |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-3.49M | USD | 3 Qtrs |
| Proceeds from line of credit |
ProceedsFromLinesOfCredit
|
$5.42M | USD | 3 Qtrs |
| Proceeds from line of credit |
ProceedsFromLinesOfCredit
|
$25.34M | USD | 3 Qtrs |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
$2.90M | USD | 3 Qtrs |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
$17.53M | USD | 3 Qtrs |
| Principal payments on mortgage payable |
PaymentsForMortgageDeposits
|
$6.43K | USD | 3 Qtrs |
| Principal payments on mortgage payable |
PaymentsForMortgageDeposits
|
- | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
$1.72M | USD | 3 Qtrs |
| Dividends paid |
PaymentsOfOrdinaryDividends
|
- | USD | 3 Qtrs |
| Proceeds from IPO |
ProceedsFromIssuanceInitialPublicOffering
|
- | USD | 3 Qtrs |
| Proceeds from IPO |
ProceedsFromIssuanceInitialPublicOffering
|
$13.00M | USD | 3 Qtrs |
| Pre-offering costs incurred |
PreofferingCostsIncurred
|
$198.00K | USD | 3 Qtrs |
| Pre-offering costs incurred |
PreofferingCostsIncurred
|
$1.49M | USD | 3 Qtrs |
| Financing costs incurred |
PaymentOfFinancingAndStockIssuanceCosts
|
$87.20K | USD | 3 Qtrs |
| Financing costs incurred |
PaymentOfFinancingAndStockIssuanceCosts
|
$65.05K | USD | 3 Qtrs |
| Member contributions |
ProceedsFromPartnershipContribution
|
$3.75M | USD | 3 Qtrs |
| Member contributions |
ProceedsFromPartnershipContribution
|
$653.65K | USD | 3 Qtrs |
| Member distributions |
PaymentsOfPartnershipDistributions
|
$2.46M | USD | 3 Qtrs |
| Member distributions |
PaymentsOfPartnershipDistributions
|
$3.50M | USD | 3 Qtrs |
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$15.70M | USD | 3 Qtrs |
| NET CASH PROVIDED BY FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$2.52M | USD | 3 Qtrs |
| NET INCREASE (DECREASE) IN CASH |
CashPeriodIncreaseDecrease
|
$-545.27K | USD | 3 Qtrs |
| NET INCREASE (DECREASE) IN CASH |
CashPeriodIncreaseDecrease
|
$1.44M | USD | 3 Qtrs |
| CASH - BEGINNING OF PERIOD |
Cash
|
$3.28M | USD | Point-in-time |
| CASH - BEGINNING OF PERIOD |
Cash
|
$1.56M | USD | Point-in-time |
| CASH - BEGINNING OF PERIOD |
Cash
|
$1.83M | USD | Point-in-time |
| CASH - BEGINNING OF PERIOD |
Cash
|
$1.02M | USD | Point-in-time |
| CASH - END OF PERIOD |
Cash
|
$3.28M | USD | Point-in-time |
| CASH - END OF PERIOD |
Cash
|
$1.56M | USD | Point-in-time |
| CASH - END OF PERIOD |
Cash
|
$1.83M | USD | Point-in-time |
| CASH - END OF PERIOD |
Cash
|
$1.02M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$545.78K | USD | 3 Qtrs |
| Interest paid |
InterestPaidNet
|
$339.31K | USD | 3 Qtrs |
Stockholders Equity
11 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
MembersEquity
|
- | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$28.49M | USD | Point-in-time |
| Member contributions |
PartnersCapitalAccountContributions
|
$653.65K | USD | 3 Qtrs |
| Member distributions |
PartnersCapitalAccountDistributions
|
$2.46M | USD | 3 Qtrs |
| Conversion of members' equity into common stock |
StockIssuedDuringPeriodValueConversionOfConvertibleSecuritiesNetOfAdjustments
|
$-26.97M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$2.23M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$1.32M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$3.17M | USD | 3 Qtrs |
| Net income |
NetIncomeLoss
|
$674.70K | USD | 1 Quarter |
| Balance |
MembersEquity
|
- | USD | Point-in-time |
| Balance |
MembersEquity
|
$28.49M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.