◆ Market Data --:--
Commodities
Loading...
📈 Yields & Rates
Loading...
💱 FX Rates
Loading...
📈 Market Pulse
Loading...
🏛 Congress Trades
Loading...
👤 Insider Trades
Loading...
Customize Items

10-Q Filing

Sachem Capital Corp. CIK: 1682220 Q1 2019
Filing Information
Form Type 10-Q
Accession Number 0001144204-19-025667
Period End Date 20190331
Filing Date 20190513
Fiscal Year 2019
Fiscal Period Q1
XBRL Instance sach-20190331.xml
Filing Contents
Balance Sheet 83 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 $99.31K USD Point-in-time
Cash Cash - 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
Cash - restricted RestrictedCash $1.07M USD Point-in-time
Cash - restricted RestrictedCash $59.55K 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
Escrow deposits EscrowDeposit $12.82K USD Point-in-time
Escrow deposits EscrowDeposit - USD Point-in-time
Common Stock, Par or Stated Value Per Share CommonStockParOrStatedValuePerShare $0.00 USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 50.00M shares Point-in-time
Mortgages receivable MortgageLoansOnRealEstate $78.01M USD Point-in-time
Mortgages receivable MortgageLoansOnRealEstate $80.88M USD Point-in-time
Common Stock, Shares Authorized CommonStockSharesAuthorized 50.00M shares Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 15.44M shares Point-in-time
Mortgages receivable, affiliate MortgagesReceivableFromAffiliate $869.63K USD Point-in-time
Mortgages receivable, affiliate MortgagesReceivableFromAffiliate $879.46K USD Point-in-time
Common Stock, Shares, Issued CommonStockSharesIssued 15.95M shares Point-in-time
Interest and fees receivable InterestReceivable $1.69M USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 15.95M shares Point-in-time
Interest and fees receivable InterestReceivable $1.40M USD Point-in-time
Common Stock, Shares, Outstanding CommonStockSharesOutstanding 15.44M shares Point-in-time
Other receivables OtherReceivables $130.00K USD Point-in-time
Other receivables OtherReceivables $155.00K USD Point-in-time
Due from borrowers DueFromAffiliates $695.22K USD Point-in-time
Due from borrowers DueFromAffiliates $787.26K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $85.38K USD Point-in-time
Prepaid expenses PrepaidExpenseCurrentAndNoncurrent $14.87K USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.18M USD Point-in-time
Property and equipment, net PropertyPlantAndEquipmentNet $1.33M USD Point-in-time
Deposits on property and equipment DepositsOnPropertyPlantAndEquipment $12.00K USD Point-in-time
Deposits on property and equipment DepositsOnPropertyPlantAndEquipment $49.88K USD Point-in-time
Real estate owned RealEstateInvestments $2.94M USD Point-in-time
Real estate owned RealEstateInvestments $4.91M USD Point-in-time
Deferred financing costs DeferredFinanceCostsNet $518.63K USD Point-in-time
Deferred financing costs DeferredFinanceCostsNet $553.60K USD Point-in-time
Total assets Assets $86.01M USD Point-in-time
Total assets Assets $92.32M USD Point-in-time
Bank overdraft BankOverdrafts $117.78K USD Point-in-time
Bank overdraft BankOverdrafts - USD Point-in-time
Line of credit LineOfCredit $27.22M USD Point-in-time
Line of credit LineOfCredit $30.38M USD Point-in-time
Line of credit LineOfCredit $18.51M USD Point-in-time
Mortgage payable MortgagePayable $795.00K USD Point-in-time
Mortgage payable MortgagePayable $290.98K USD Point-in-time
Notes payable NotesPayable $76.48K USD Point-in-time
Notes payable NotesPayable - USD Point-in-time
Capital lease payable CapitalLeaseObligations $12.81K USD Point-in-time
Capital lease payable CapitalLeaseObligations - USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $316.41K USD Point-in-time
Accounts payable and accrued expenses AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent $128.59K 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 $267.28K USD Point-in-time
Advances from borrowers AdvancePaymentsByBorrowersForTaxesAndInsurance $317.32K USD Point-in-time
Due to shareholder DueToRelatedPartiesCurrentAndNoncurrent $2.22M USD Point-in-time
Due to shareholder DueToRelatedPartiesCurrentAndNoncurrent $1.20M USD Point-in-time
Deferred revenue DeferredRevenue $1.06M USD Point-in-time
Deferred revenue DeferredRevenue $1.03M 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 $196.12K USD Point-in-time
Total liabilities Liabilities $33.21M USD Point-in-time
Total liabilities Liabilities $35.23M 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; 50,000,000 shares authorized; 15,950,256 and 15,438,621 issued and outstanding, respectively CommonStockValue $15.95K USD Point-in-time
Common stock - $.001 par value; 50,000,000 shares authorized; 15,950,256 and 15,438,621 issued and outstanding, respectively CommonStockValue $15.44K USD Point-in-time
Paid-in capital AdditionalPaidInCapital $53.19M USD Point-in-time
Paid-in capital AdditionalPaidInCapital $55.42M USD Point-in-time
Retained earnings (accumulated deficit) RetainedEarningsAccumulatedDeficit $-405.48K USD Point-in-time
Retained earnings (accumulated deficit) RetainedEarningsAccumulatedDeficit $1.65M USD Point-in-time
Total shareholders' equity StockholdersEquity $52.80M USD Point-in-time
Total shareholders' equity StockholdersEquity $57.09M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $92.32M USD Point-in-time
Total liabilities and shareholders' equity LiabilitiesAndStockholdersEquity $86.01M USD Point-in-time
Income Statement 44 line items
Line Item Tag Value Unit Period
Interest income from loans InterestAndFeeIncomeLoansAndLeases $1.96M USD 1 Quarter
Interest income from loans InterestAndFeeIncomeLoansAndLeases $2.75M USD 1 Quarter
Origination fees, net OriginationFees $348.55K USD 1 Quarter
Origination fees, net OriginationFees $364.72K USD 1 Quarter
Late and other fees RevenuesFromFeesAndCommissions $34.10K USD 1 Quarter
Late and other fees RevenuesFromFeesAndCommissions $46.50K USD 1 Quarter
Processing fees ProcessingFees $34.80K USD 1 Quarter
Processing fees ProcessingFees $33.13K USD 1 Quarter
Rental income, net RentalIncomeNonoperating $43.76K USD 1 Quarter
Rental income, net RentalIncomeNonoperating $25.65K USD 1 Quarter
Other income OtherIncome $294.75K USD 1 Quarter
Other income OtherIncome $117.14K USD 1 Quarter
Net gain on sale of real estate owned GainOnSaleOfRealEstateInvestement $7.15K USD 1 Quarter
Net gain on sale of real estate owned GainOnSaleOfRealEstateInvestement - USD 1 Quarter
Total revenue Revenues $2.72M USD 1 Quarter
Total revenue Revenues $3.35M USD 1 Quarter
Interest and amortization of deferred financing costs InterestAndAmortizationOfDebtServiceCosts $621.05K USD 1 Quarter
Interest and amortization of deferred financing costs InterestAndAmortizationOfDebtServiceCosts $222.96K USD 1 Quarter
Professional fees ProfessionalFees $88.11K USD 1 Quarter
Professional fees ProfessionalFees $116.32K USD 1 Quarter
Compensation, fees and taxes CompensationFeesAndTaxes $245.57K USD 1 Quarter
Compensation, fees and taxes CompensationFeesAndTaxes $384.23K USD 1 Quarter
Exchange fees ExchangeFees $10.29K USD 1 Quarter
Exchange fees ExchangeFees - USD 1 Quarter
Other expenses and taxes TaxesAndLicenses $14.19K USD 1 Quarter
Other expenses and taxes TaxesAndLicenses $34.48K USD 1 Quarter
Excise tax ExciseAndSalesTaxes $19.00K USD 1 Quarter
Excise tax ExciseAndSalesTaxes - USD 1 Quarter
Depreciation Depreciation $7.63K USD 1 Quarter
Depreciation Depreciation $7.50K USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $98.03K USD 1 Quarter
General and administrative expenses GeneralAndAdministrativeExpense $165.45K USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $1.29M USD 1 Quarter
Total operating costs and expenses CostsAndExpenses $744.00K USD 1 Quarter
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $1.97M USD 1 Quarter
Basic EarningsPerShareBasic $0.13 USD 1 Quarter
Basic EarningsPerShareBasic $0.13 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.13 USD 1 Quarter
Diluted EarningsPerShareDiluted $0.13 USD 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 15.58M shares 1 Quarter
Basic WeightedAverageNumberOfSharesOutstandingBasic 15.42M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 15.42M shares 1 Quarter
Diluted WeightedAverageNumberOfDilutedSharesOutstanding 15.58M shares 1 Quarter
Cash Flow Statement 91 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $1.97M USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $47.08K USD 1 Quarter
Amortization of deferred financing costs AmortizationOfFinancingCosts $14.56K USD 1 Quarter
Depreciation expense Depreciation $7.63K USD 1 Quarter
Depreciation expense Depreciation $7.50K USD 1 Quarter
Notes Issued NotesIssued1 $2.00M USD 1 Quarter
Stock based compensation ShareBasedCompensation - USD 1 Quarter
Payments To Acquire Real Estate1 PaymentsToAcquireRealEstate1 $1.96M USD 1 Quarter
Stock based compensation ShareBasedCompensation $4.10K USD 1 Quarter
Capital Expenditures Incurred but Not yet Paid CapitalExpendituresIncurredButNotYetPaid $13.01K USD 1 Quarter
Impairment loss GoodwillImpairmentLoss - USD 1 Quarter
Impairment loss GoodwillImpairmentLoss - USD 1 Quarter
Gain on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate $7.15K USD 1 Quarter
Gain on sale of real estate owned GainsLossesOnSalesOfInvestmentRealEstate - USD 1 Quarter
Escrow deposits IncreaseDecreaseInEscrowDeposit $-12.82K USD 1 Quarter
Escrow deposits IncreaseDecreaseInEscrowDeposit $64.14K USD 1 Quarter
Interest and fees receivable IncreaseDecreaseInInterestAndFeesReceivable $134.02K USD 1 Quarter
Interest and fees receivable IncreaseDecreaseInInterestAndFeesReceivable $649.16K USD 1 Quarter
Other receivables IncreaseDecreaseInOtherReceivables $-25.00K USD 1 Quarter
Other receivables IncreaseDecreaseInOtherReceivables $-256.97K USD 1 Quarter
Due from borrowers IncreaseDecreaseInFinanceReceivables $92.05K USD 1 Quarter
Due from borrowers IncreaseDecreaseInFinanceReceivables - USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $70.51K USD 1 Quarter
Prepaid expenses IncreaseDecreaseInPrepaidExpense $28.25K USD 1 Quarter
Deposits IncreaseDecreaseInSecurityDeposits $-37.88K USD 1 Quarter
Deposits IncreaseDecreaseInSecurityDeposits - USD 1 Quarter
Due to note purchaser IncreaseDecreaseInNotesPayableCurrent - USD 1 Quarter
Due to note purchaser IncreaseDecreaseInNotesPayableCurrent $-723.48K USD 1 Quarter
Due to shareholder IncreaseDecreaseInDueToOfficersAndStockholders - USD 1 Quarter
Due to shareholder IncreaseDecreaseInDueToOfficersAndStockholders - USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $-40.77K USD 1 Quarter
Accrued interest IncreaseDecreaseInInterestPayableNet $19.50K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-231.74K USD 1 Quarter
Accrued expenses IncreaseDecreaseInAccruedLiabilities $-187.82K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $-31.01K USD 1 Quarter
Deferred revenue IncreaseDecreaseInDeferredRevenue $60.22K USD 1 Quarter
Advances from borrowers IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $213.52K USD 1 Quarter
Advances from borrowers IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance $69.44K USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-669.50K USD 1 Quarter
Total adjustments AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities $-890.14K USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $1.30M USD 1 Quarter
NET CASH PROVIDED BY OPERATING ACTIVITIES NetCashProvidedByUsedInOperatingActivities $1.17M USD 1 Quarter
Proceeds from sale of real estate owned ProceedsFromSaleOfRealEstate - USD 1 Quarter
Proceeds from sale of real estate owned ProceedsFromSaleOfRealEstate $124.81K USD 1 Quarter
Acquisitions of and improvements to real estate owned PaymentsToAcquireRealEstate $362.78K USD 1 Quarter
Acquisitions of and improvements to real estate owned PaymentsToAcquireRealEstate $11.00K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $141.92K USD 1 Quarter
Purchase of property and equipment PaymentsToAcquirePropertyPlantAndEquipment $1.99K USD 1 Quarter
Principal disbursements for mortgages receivable PaymentsToAcquireMortgageReceivable $12.83M USD 1 Quarter
Principal disbursements for mortgages receivable PaymentsToAcquireMortgageReceivable $10.35M USD 1 Quarter
Principal collections on mortgages receivable ProceedsFromCollectionOfMortagageReceivable $6.03M USD 1 Quarter
Principal collections on mortgages receivable ProceedsFromCollectionOfMortagageReceivable $8.48M USD 1 Quarter
NET CASH USED FOR INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-4.73M USD 1 Quarter
NET CASH USED FOR INVESTING ACTIVITIES NetCashProvidedByUsedInInvestingActivities $-4.32M USD 1 Quarter
Proceeds from notes sold to shareholder ProceedsFromNotesSoldToShareholder - USD 1 Quarter
Proceeds from notes sold to shareholder ProceedsFromNotesSoldToShareholder $1.02M USD 1 Quarter
Proceeds from line of credit ProceedsFromLinesOfCredit $13.29M USD 1 Quarter
Proceeds from line of credit ProceedsFromLinesOfCredit $19.74M USD 1 Quarter
Proceeds from bank overdraft ProceedsFromBankDebt $117.78K USD 1 Quarter
Proceeds from bank overdraft ProceedsFromBankDebt - USD 1 Quarter
Repayment of line of credit RepaymentsOfLinesOfCredit $8.98M USD 1 Quarter
Repayment of line of credit RepaymentsOfLinesOfCredit $16.58M USD 1 Quarter
Principal payments on mortgage payable PaymentsForProceedsFromMortgageDeposits $2.53K USD 1 Quarter
Principal payments on mortgage payable PaymentsForProceedsFromMortgageDeposits $290.98K USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $1.62M USD 1 Quarter
Dividends paid PaymentsOfOrdinaryDividends $2.62M USD 1 Quarter
Proceeds from mortgage payable ProceedsFromMortgageDeposits $795.00K USD 1 Quarter
Proceeds from mortgage payable ProceedsFromMortgageDeposits - USD 1 Quarter
Proceeds from notes payable ProceedsFromNotesPayable $76.48K USD 1 Quarter
Proceeds from notes payable ProceedsFromNotesPayable - USD 1 Quarter
Issuance of common stock-ATM ProceedsFromIssuanceOfCommonStock - USD 1 Quarter
Issuance of common stock-ATM ProceedsFromIssuanceOfCommonStock $2.23M USD 1 Quarter
Financing costs incurred PaymentOfFinancingAndStockIssuanceCosts $55.00K USD 1 Quarter
Financing costs incurred PaymentOfFinancingAndStockIssuanceCosts $12.11K USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $4.47M USD 1 Quarter
NET CASH PROVIDED BY FINANCING ACTIVITIES NetCashProvidedByUsedInFinancingActivities $2.63M USD 1 Quarter
NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $910.53K USD 1 Quarter
NET INCREASE (DECREASE) IN CASH AND RESTRICTED CASH CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect $-391.71K USD 1 Quarter
CASH AND RESTRICTED CASH- BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $954.22K USD Point-in-time
CASH AND RESTRICTED CASH- BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $158.86K USD Point-in-time
CASH AND RESTRICTED CASH- BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $562.51K USD Point-in-time
CASH AND RESTRICTED CASH- BEGINNING OF YEAR CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.07M USD Point-in-time
CASH AND RESTRICTED CASH - END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $954.22K USD Point-in-time
CASH AND RESTRICTED CASH - END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $158.86K USD Point-in-time
CASH AND RESTRICTED CASH - END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $562.51K USD Point-in-time
CASH AND RESTRICTED CASH - END OF PERIOD CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents $1.07M USD Point-in-time
Taxes paid IncomeTaxesPaid - USD 1 Quarter
Taxes paid IncomeTaxesPaid - USD 1 Quarter
Interest paid InterestPaidNet $573.67K USD 1 Quarter
Interest paid InterestPaidNet $208.40K USD 1 Quarter
Stockholders Equity 2 line items
Line Item Tag Value Unit Period
Net income NetIncomeLoss $2.06M USD 1 Quarter
Net income NetIncomeLoss $1.97M USD 1 Quarter

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

NEWS
Loading article...
NEWS
Loading news...
TRENDING
Loading...