10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0001410578-22-001136 |
| Period End Date | 20220331 |
| Filing Date | 20220504 |
| Fiscal Year | 2022 |
| Fiscal Period | Q1 |
| XBRL Instance | sach-20220331x10q_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
84 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Deferred financing costs |
DeferredFinanceCostsNet
|
$7.23M | USD | Point-in-time |
| Deferred financing costs |
DeferredFinanceCostsNet
|
$5.75M | USD | Point-in-time |
| Preferred Stock, Par or Stated Value Per Share |
PreferredStockParOrStatedValuePerShare
|
$0.00 | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$57.86M | USD | Point-in-time |
| Cash and cash equivalents |
CashAndCashEquivalentsAtCarryingValue
|
$41.94M | 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 |
| Investment securities |
MarketableSecuritiesCurrent
|
$60.63M | USD | Point-in-time |
| Investment securities |
MarketableSecuritiesCurrent
|
$35.51M | USD | Point-in-time |
| Preferred Stock, Shares Authorized |
PreferredStockSharesAuthorized
|
5.00M | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
1.90M | shares | Point-in-time |
| Preferred Stock, Shares Issued |
PreferredStockSharesIssued
|
1.90M | shares | Point-in-time |
| Mortgages receivable |
MortgageLoansOnRealEstate
|
$292.30M | USD | Point-in-time |
| Mortgages receivable |
MortgageLoansOnRealEstate
|
$353.63M | USD | Point-in-time |
| Preferred Stock, Shares Outstanding |
PreferredStockSharesOutstanding
|
1.90M | shares | Point-in-time |
| Preferred Stock, Shares Outstanding |
PreferredStockSharesOutstanding
|
1.90M | shares | Point-in-time |
| Interest and fees receivable |
InterestReceivable
|
$3.69M | USD | Point-in-time |
| Interest and fees receivable |
InterestReceivable
|
$3.99M | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$94.11K | USD | Point-in-time |
| Other receivables |
OtherReceivables
|
$304.80K | USD | Point-in-time |
| Common Stock, Par or Stated Value Per Share |
CommonStockParOrStatedValuePerShare
|
$0.00 | 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 |
| Common Stock, Shares Authorized |
CommonStockSharesAuthorized
|
100.00M | shares | Point-in-time |
| Due from borrowers |
DueFromAffiliates
|
$3.67M | USD | Point-in-time |
| Due from borrowers |
DueFromAffiliates
|
$3.84M | USD | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$271.29K | USD | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
35.51M | shares | Point-in-time |
| Common Stock, Shares, Issued |
CommonStockSharesIssued
|
32.73M | shares | Point-in-time |
| Prepaid expenses |
PrepaidExpenseCurrentAndNoncurrent
|
$229.07K | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
35.51M | shares | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.17M | USD | Point-in-time |
| Property and equipment, net |
PropertyPlantAndEquipmentNet
|
$2.15M | USD | Point-in-time |
| Common Stock, Shares, Outstanding |
CommonStockSharesOutstanding
|
32.73M | shares | Point-in-time |
| Real estate owned |
RealEstateInvestmentsOwned
|
$6.56M | USD | Point-in-time |
| Real estate owned |
RealEstateInvestmentsOwned
|
$6.31M | USD | Point-in-time |
| Investments in partnerships |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$6.06M | USD | Point-in-time |
| Investments in partnerships |
EquitySecuritiesWithoutReadilyDeterminableFairValueAmount
|
$17.41M | USD | Point-in-time |
| Other assets |
OtherAssets
|
$364.21K | USD | Point-in-time |
| Other assets |
OtherAssets
|
$306.44K | USD | Point-in-time |
| Deferred financing costs, net |
DeferredCostsCurrent
|
$155.54K | USD | Point-in-time |
| Deferred financing costs, net |
DeferredCostsCurrent
|
$264.45K | USD | Point-in-time |
| Total assets |
Assets
|
$481.76M | USD | Point-in-time |
| Total assets |
Assets
|
$417.96M | USD | Point-in-time |
| Notes payable (net of deferred financing costs of $7,226,079 and $5,747,387) |
UnsecuredDebt
|
$160.53M | USD | Point-in-time |
| Notes payable (net of deferred financing costs of $7,226,079 and $5,747,387) |
UnsecuredDebt
|
$209.05M | USD | Point-in-time |
| Repurchase facility |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$26.95M | USD | Point-in-time |
| Repurchase facility |
AssetsSoldUnderAgreementsToRepurchaseRepurchaseLiability
|
$19.09M | USD | Point-in-time |
| Mortgage payable |
MortgagePayable
|
$750.00K | USD | Point-in-time |
| Mortgage payable |
MortgagePayable
|
$750.00K | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$23.28M | USD | Point-in-time |
| Line of credit |
LineOfCredit
|
$33.18M | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Accrued dividends payable |
DividendsPayableCurrentAndNoncurrent
|
$3.93M | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$512.47K | USD | Point-in-time |
| Accounts payable and accrued expenses |
AccountsPayableAndAccruedLiabilitiesCurrentAndNoncurrent
|
$501.75K | USD | Point-in-time |
| Advances from borrowers |
AdvancePaymentsByBorrowersForTaxesAndInsurance
|
$16.63M | USD | Point-in-time |
| Advances from borrowers |
AdvancePaymentsByBorrowersForTaxesAndInsurance
|
$15.07M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenue
|
$4.64M | USD | Point-in-time |
| Deferred revenue |
DeferredRevenue
|
$4.88M | USD | Point-in-time |
| Other notes |
NotesPayable
|
$30.92K | USD | Point-in-time |
| Other notes |
NotesPayable
|
$24.29K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrentAndNoncurrent
|
$164.73K | USD | Point-in-time |
| Accrued interest |
InterestPayableCurrentAndNoncurrent
|
$286.64K | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
- | USD | Point-in-time |
| Dividend payable |
DividendsPayableCurrentAndNoncurrent
|
$3.93M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$237.88M | USD | Point-in-time |
| Total liabilities |
Liabilities
|
$282.35M | 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; 1,903,000 shares of Series A Preferred Stock issued and outstanding |
PreferredStockValue
|
$1.90K | USD | Point-in-time |
| Preferred shares - $.001 par value; 5,000,000 shares authorized; 1,903,000 shares of Series A Preferred Stock issued and outstanding |
PreferredStockValue
|
$1.90K | USD | Point-in-time |
| Common stock - $.001 par value; 100,000,000 shares authorized; 35,513,887 and 32,730,004 issued and outstanding |
CommonStockValue
|
$32.73K | USD | Point-in-time |
| Common stock - $.001 par value; 100,000,000 shares authorized; 35,513,887 and 32,730,004 issued and outstanding |
CommonStockValue
|
$35.51K | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapital
|
$201.17M | USD | Point-in-time |
| Paid-in capital |
AdditionalPaidInCapital
|
$185.52M | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-233.21K | USD | Point-in-time |
| Accumulated other comprehensive loss |
AccumulatedOtherComprehensiveIncomeLossNetOfTax
|
$-476.02K | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-4.99M | USD | Point-in-time |
| Accumulated deficit |
RetainedEarningsAccumulatedDeficit
|
$-1.56M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$180.08M | USD | Point-in-time |
| Total shareholders' equity |
StockholdersEquity
|
$199.41M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$481.76M | USD | Point-in-time |
| Total liabilities and shareholders' equity |
LiabilitiesAndStockholdersEquity
|
$417.96M | USD | Point-in-time |
Income Statement
62 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$8.51M | USD | 1 Quarter |
| Interest income from loans |
InterestAndFeeIncomeLoansAndLeases
|
$4.53M | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$271.47K | USD | 1 Quarter |
| Investment income |
InvestmentIncomeNet
|
$242.69K | USD | 1 Quarter |
| Income from partnership investments |
EquitySecuritiesFvNiGainLoss
|
$272.49K | USD | 1 Quarter |
| Income from partnership investments |
EquitySecuritiesFvNiGainLoss
|
$17.37K | USD | 1 Quarter |
| Loss on sale of investment securities |
GainLossOnSaleOfInvestments
|
$-129.44K | USD | 1 Quarter |
| Loss on sale of investment securities |
GainLossOnSaleOfInvestments
|
$-154.13K | USD | 1 Quarter |
| Origination fees, net |
OriginationFees
|
$1.64M | USD | 1 Quarter |
| Origination fees, net |
OriginationFees
|
$517.43K | USD | 1 Quarter |
| Late and other fees |
RevenuesFromFeesAndCommissions
|
$128.86K | USD | 1 Quarter |
| Late and other fees |
RevenuesFromFeesAndCommissions
|
$35.93K | USD | 1 Quarter |
| Processing fees |
ProcessingFees
|
$65.86K | USD | 1 Quarter |
| Processing fees |
ProcessingFees
|
$35.98K | USD | 1 Quarter |
| Rental income, net |
RentalIncomeLossNet
|
$10.04K | USD | 1 Quarter |
| Rental income, net |
RentalIncomeLossNet
|
$4.18K | USD | 1 Quarter |
| Unrealized losses on investment securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
- | USD | 1 Quarter |
| Unrealized losses on investment securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
$1.05M | USD | 1 Quarter |
| Other income |
OtherIncome
|
$610.02K | USD | 1 Quarter |
| Other income |
OtherIncome
|
$456.81K | USD | 1 Quarter |
| Total revenue |
Revenues
|
$5.71M | USD | 1 Quarter |
| Total revenue |
Revenues
|
$10.30M | USD | 1 Quarter |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$2.46M | USD | 1 Quarter |
| Interest and amortization of deferred financing costs |
InterestAndAmortizationOfDebtServiceCosts
|
$3.90M | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$230.72K | USD | 1 Quarter |
| Professional fees |
ProfessionalFees
|
$231.76K | USD | 1 Quarter |
| Compensation, fees and payroll taxes |
CompensationFeesAndTaxes
|
$993.96K | USD | 1 Quarter |
| Compensation, fees and payroll taxes |
CompensationFeesAndTaxes
|
$592.09K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$4.11K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$106.88K | USD | 1 Quarter |
| Exchange fees |
ExchangeFees
|
$12.33K | USD | 1 Quarter |
| Exchange fees |
ExchangeFees
|
$12.33K | USD | 1 Quarter |
| Other expenses and other taxes |
TaxesAndLicenses
|
$64.70K | USD | 1 Quarter |
| Other expenses and other taxes |
TaxesAndLicenses
|
$21.81K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$19.60K | USD | 1 Quarter |
| Depreciation |
Depreciation
|
$22.24K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$401.23K | USD | 1 Quarter |
| General and administrative expenses |
GeneralAndAdministrativeExpense
|
$159.61K | USD | 1 Quarter |
| Loss on sale of real estate |
GainLossOnSaleOfRealEstateProperties
|
$65.84K | USD | 1 Quarter |
| Loss on sale of real estate |
GainLossOnSaleOfRealEstateProperties
|
$2.13K | USD | 1 Quarter |
| Impairment loss |
AssetImpairmentCharges
|
$260.50K | USD | 1 Quarter |
| Impairment loss |
AssetImpairmentCharges
|
$25.00K | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$5.95M | USD | 1 Quarter |
| Total operating costs and expenses |
CostsAndExpenses
|
$3.53M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$2.18M | USD | 1 Quarter |
| Net income |
NetIncomeLoss
|
$4.35M | USD | 1 Quarter |
| Preferred stock dividend |
DividendsPreferredStock
|
- | USD | 1 Quarter |
| Preferred stock dividend |
DividendsPreferredStock
|
$921.77K | USD | 1 Quarter |
| Net income attributable to common shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$2.18M | USD | 1 Quarter |
| Net income attributable to common shareholders |
NetIncomeLossAvailableToCommonStockholdersBasic
|
$3.43M | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax
|
$242.81K | USD | 1 Quarter |
| Unrealized gain (loss) on investment securities |
OciDebtSecuritiesAvailableForSaleUnrealizedHoldingGainLossAfterTax
|
$-7.49K | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$3.67M | USD | 1 Quarter |
| Comprehensive income |
ComprehensiveIncomeNetOfTax
|
$2.18M | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| Basic |
EarningsPerShareBasic
|
$0.10 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.10 | USD | 1 Quarter |
| Diluted |
EarningsPerShareDiluted
|
$0.10 | USD | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
34.89M | shares | 1 Quarter |
| Basic |
WeightedAverageNumberOfSharesOutstandingBasic
|
22.14M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
34.90M | shares | 1 Quarter |
| Diluted |
WeightedAverageNumberOfDilutedSharesOutstanding
|
22.14M | shares | 1 Quarter |
Cash Flow Statement
93 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
|
$420.55K | USD | Point-in-time |
| Net income |
ProfitLoss
|
$2.18M | USD | 1 Quarter |
| Net income |
ProfitLoss
|
$4.35M | USD | 1 Quarter |
| Amortization of deferred financing costs and bond discount |
AmortizationOfFinancingCosts
|
$244.10K | USD | 1 Quarter |
| Amortization of deferred financing costs and bond discount |
AmortizationOfFinancingCosts
|
$469.25K | USD | 1 Quarter |
| Write-off of deferred financing costs |
WriteOffOfDeferredFinancingCosts
|
- | USD | 1 Quarter |
| Write-off of deferred financing costs |
WriteOffOfDeferredFinancingCosts
|
$72.81K | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$19.60K | USD | 1 Quarter |
| Depreciation expense |
Depreciation
|
$22.24K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$4.11K | USD | 1 Quarter |
| Stock based compensation |
ShareBasedCompensation
|
$106.88K | USD | 1 Quarter |
| Impairment loss |
GoodwillImpairmentLoss
|
$25.00K | USD | 1 Quarter |
| Impairment loss |
GoodwillImpairmentLoss
|
$260.50K | USD | 1 Quarter |
| Loss on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$-2.13K | USD | 1 Quarter |
| Loss on sale of real estate |
GainsLossesOnSalesOfInvestmentRealEstate
|
$-65.84K | USD | 1 Quarter |
| Unrealized loss on investment securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
- | USD | 1 Quarter |
| Unrealized loss on investment securities |
AvailableForSaleDebtSecuritiesGrossUnrealizedLoss
|
$1.05M | USD | 1 Quarter |
| Loss on sale of investment securities |
MarketableSecuritiesRealizedGainLoss
|
$-129.44K | USD | 1 Quarter |
| Loss on sale of investment securities |
MarketableSecuritiesRealizedGainLoss
|
$-154.13K | USD | 1 Quarter |
| Interest and fees receivable |
IncreaseDecreaseInInterestAndFeesReceivable
|
$395.92K | USD | 1 Quarter |
| Interest and fees receivable |
IncreaseDecreaseInInterestAndFeesReceivable
|
$62.54K | USD | 1 Quarter |
| Other receivables |
IncreaseDecreaseInOtherReceivables
|
$345.90K | USD | 1 Quarter |
| Other receivables |
IncreaseDecreaseInOtherReceivables
|
$210.69K | USD | 1 Quarter |
| Due from borrowers |
IncreaseDecreaseInFinanceReceivables
|
$499.38K | USD | 1 Quarter |
| Due from borrowers |
IncreaseDecreaseInFinanceReceivables
|
$292.30K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$-42.22K | USD | 1 Quarter |
| Prepaid expenses |
IncreaseDecreaseInPrepaidExpense
|
$102.17K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$121.91K | USD | 1 Quarter |
| Accrued interest |
IncreaseDecreaseInInterestPayableNet
|
$-3.34K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$10.72K | USD | 1 Quarter |
| Accounts payable and accrued expenses |
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
|
$163.66K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$232.79K | USD | 1 Quarter |
| Deferred revenue |
IncreaseDecreaseInDeferredRevenue
|
$84.98K | USD | 1 Quarter |
| Advances from borrowers |
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
$1.56M | USD | 1 Quarter |
| Advances from borrowers |
IncreaseDecreaseInAdvancePaymentsByBorrowersForTaxesAndInsurance
|
$873.46K | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$3.20M | USD | 1 Quarter |
| Total adjustments |
AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivities
|
$605.96K | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$7.56M | USD | 1 Quarter |
| NET CASH PROVIDED BY OPERATING ACTIVITIES |
NetCashProvidedByUsedInOperatingActivities
|
$2.79M | USD | 1 Quarter |
| Purchase of investment securities |
PaymentsToAcquireMarketableSecurities
|
$27.55M | USD | 1 Quarter |
| Purchase of investment securities |
PaymentsToAcquireMarketableSecurities
|
$22.76M | USD | 1 Quarter |
| Proceeds from the sale of investment securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$23.61M | USD | 1 Quarter |
| Proceeds from the sale of investment securities |
ProceedsFromSaleAndMaturityOfMarketableSecurities
|
$51.71M | USD | 1 Quarter |
| Purchase of interests in investment partnerships, net |
PaymentsToAcquireLimitedPartnershipInterests
|
$1.84M | USD | 1 Quarter |
| Purchase of interests in investment partnerships, net |
PaymentsToAcquireLimitedPartnershipInterests
|
$11.36M | USD | 1 Quarter |
| Proceeds from sale of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$370.79K | USD | 1 Quarter |
| Proceeds from sale of real estate owned |
ProceedsFromSaleOfRealEstateHeldforinvestment
|
$622.74K | USD | 1 Quarter |
| Acquisitions of and improvements to real estate owned |
PaymentsToAcquireRealEstateHeldForInvestment
|
$160.36K | USD | 1 Quarter |
| Acquisitions of and improvements to real estate owned |
PaymentsToAcquireRealEstateHeldForInvestment
|
$177.34K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$35.87K | USD | 1 Quarter |
| Purchase of property and equipment |
PaymentsToAcquirePropertyPlantAndEquipment
|
$3.66K | USD | 1 Quarter |
| Principal disbursements for mortgages receivable |
PaymentsToAcquireMortgageReceivable
|
$88.74M | USD | 1 Quarter |
| Principal disbursements for mortgages receivable |
PaymentsToAcquireMortgageReceivable
|
$31.66M | USD | 1 Quarter |
| Principal collections on mortgages receivable |
ProceedsFromCollectionOfMortgageReceivable
|
$30.51M | USD | 1 Quarter |
| Principal collections on mortgages receivable |
ProceedsFromCollectionOfMortgageReceivable
|
$27.11M | USD | 1 Quarter |
| Costs in connection with investment activities |
CostsInConnectionWithInvestmentActivities
|
$57.77K | USD | 1 Quarter |
| Costs in connection with investment activities |
CostsInConnectionWithInvestmentActivities
|
$98.21K | USD | 1 Quarter |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-48.44M | USD | 1 Quarter |
| NET CASH USED FOR INVESTING ACTIVITIES |
NetCashProvidedByUsedInInvestingActivities
|
$-2.07M | USD | 1 Quarter |
| Net proceeds from line of credit |
ProceedsFromLinesOfCredit
|
- | USD | 1 Quarter |
| Net proceeds from line of credit |
ProceedsFromLinesOfCredit
|
$105.34K | USD | 1 Quarter |
| Net proceeds from repurchase facility |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
$7.86M | USD | 1 Quarter |
| Net proceeds from repurchase facility |
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
|
- | USD | 1 Quarter |
| Repayment of mortgage payable |
RepaymentsOfFirstMortgageBond
|
$767.51K | USD | 1 Quarter |
| Repayment of mortgage payable |
RepaymentsOfFirstMortgageBond
|
- | USD | 1 Quarter |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
$9.90M | USD | 1 Quarter |
| Repayment of line of credit |
RepaymentsOfLinesOfCredit
|
- | USD | 1 Quarter |
| Principal payments on notes payable |
RepaymentsOfNotesPayable
|
$5.63K | USD | 1 Quarter |
| Principal payments on notes payable |
RepaymentsOfNotesPayable
|
$6.63K | USD | 1 Quarter |
| Dividends paid on Common Stock |
PaymentsOfDividendsCommonStock
|
$3.93M | USD | 1 Quarter |
| Dividends paid on Common Stock |
PaymentsOfDividendsCommonStock
|
$2.65M | USD | 1 Quarter |
| Dividends paid on Preferred Stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
- | USD | 1 Quarter |
| Dividends paid on Preferred Stock |
PaymentsOfDividendsPreferredStockAndPreferenceStock
|
$921.77K | USD | 1 Quarter |
| Net proceeds from the sale of common shares |
ProceedsFromIssuanceOfCommonStock
|
$15.55M | USD | 1 Quarter |
| Net proceeds from the sale of common shares |
ProceedsFromIssuanceOfCommonStock
|
$1.54M | USD | 1 Quarter |
| Gross proceeds from issuance of fixed rate notes |
ProceedsFromIssuanceOfFixedRateNotes
|
- | USD | 1 Quarter |
| Gross proceeds from issuance of fixed rate notes |
ProceedsFromIssuanceOfFixedRateNotes
|
$50.00M | USD | 1 Quarter |
| Financing costs incurred in connection with fixed rate notes |
FinancingCostsIncurredInConnectionWithFixedRateNotes
|
$1.84M | USD | 1 Quarter |
| Financing costs incurred in connection with fixed rate notes |
FinancingCostsIncurredInConnectionWithFixedRateNotes
|
- | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$56.81M | USD | 1 Quarter |
| NET CASH PROVIDED BY (USED FOR) FINANCING ACTIVITIES |
NetCashProvidedByUsedInFinancingActivities
|
$-1.78M | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$-1.06M | USD | 1 Quarter |
| NET INCREASE (DECREASE) IN CASH AND CASH EQUIVALENTS |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
$15.92M | USD | 1 Quarter |
| CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.35M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$41.94M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$57.86M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS- BEGINNING OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$19.41M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$18.35M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$41.94M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$57.86M | USD | Point-in-time |
| CASH AND CASH EQUIVALENTS - END OF YEAR |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
$19.41M | USD | Point-in-time |
| Interest paid |
InterestPaidNet
|
$3.31M | USD | 1 Quarter |
| Interest paid |
InterestPaidNet
|
$2.45M | USD | 1 Quarter |
Stockholders Equity
18 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Beginning balance |
MembersEquity
|
$80.92M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$84.64M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$199.41M | USD | Point-in-time |
| Beginning balance |
MembersEquity
|
$180.08M | USD | Point-in-time |
| Issuance of Preferred Stock, net of expenses |
StockIssuedDuringPeriodValueNewIssues
|
$15.55M | USD | 1 Quarter |
| Issuance of Common Stock, net of expenses |
StockIssuedDuringPeriodValueOther
|
$1.54M | USD | 1 Quarter |
| Stock based compensation |
StockGrantedDuringPeriodValueSharebasedCompensation
|
$4.11K | USD | 1 Quarter |
| Stock based compensation |
StockGrantedDuringPeriodValueSharebasedCompensation
|
$106.88K | USD | 1 Quarter |
| Unrealized gain (loss) on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$-7.49K | USD | 1 Quarter |
| Unrealized gain (loss) on marketable securities |
MarketableSecuritiesUnrealizedGainLoss
|
$242.81K | USD | 1 Quarter |
| Dividends paid on Preferred Stock |
DividendsPreferredStock
|
- | USD | 1 Quarter |
| Dividends paid on Preferred Stock |
DividendsPreferredStock
|
$921.77K | USD | 1 Quarter |
| Net income |
ProfitLosses
|
$4.35M | USD | 1 Quarter |
| Net income |
ProfitLosses
|
$2.18M | USD | 1 Quarter |
| Balance |
MembersEquity
|
$80.92M | USD | Point-in-time |
| Balance |
MembersEquity
|
$84.64M | USD | Point-in-time |
| Balance |
MembersEquity
|
$199.41M | USD | Point-in-time |
| Balance |
MembersEquity
|
$180.08M | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.