Subsequent Events (Details Textual) - USD ($) |
6 Months Ended | ||
|---|---|---|---|
Jul. 07, 2017 |
Jun. 30, 2017 |
Jul. 11, 2017 |
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| Subsequent Event [Line Items] | |||
| Share Of Profits, Percentage | 30.00% | ||
| Real Estate Investments, Joint Ventures | $ 345,000 | ||
| Common Stock, Dividends, Per Share, Declared | $ 0.105 | ||
| Payments of Dividends | $ 1,166,000 | ||
| Receivable with Imputed Interest, Effective Yield (Interest Rate) | 12.00% | ||
| Subsequent Event [Member] | |||
| Subsequent Event [Line Items] | |||
| Real Estate Investments, Selling Price | $ 470,000 | ||
| Real Estate Investment Property, Net | $ 395,500 | ||
| Sachem Capital Partners, LLC [Member] | |||
| Subsequent Event [Line Items] | |||
| Share Of Profits, Percentage | 70.00% | ||
| Two Borrowers [Member] | |||
| Subsequent Event [Line Items] | |||
| Other Real Estate, Foreclosed Assets, and Repossessed Assets | $ 452,361 | ||
| Reassessed Value Of Real Estate Properties | 686,480 | ||
| Single Borrower [Member] | |||
| Subsequent Event [Line Items] | |||
| Other Real Estate, Foreclosed Assets, and Repossessed Assets | 58,000 | ||
| Reassessed Value Of Real Estate Properties | $ 205,700 |
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- Definition The selling price at which the real estate investment property is to be sold. No definition available.
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- Definition Amount of reassessed value of real estate properties. No definition available.
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- Definition It represents the percentage rate of profit. No definition available.
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- Definition Aggregate dividends declared during the period for each share of common stock outstanding. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Carrying amount as of the balance sheet date of other real estate and foreclosed assets. Other real estate may include real estate investments, real estate loans that qualify as investments in real estate, and premises that are no longer used in operations may also be included in real estate owned. Foreclosed assets include all assets obtained in full or partial satisfaction of a debt arrangement through foreclosure proceedings. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Cash outflow in the form of capital distributions and dividends to common shareholders, preferred shareholders and noncontrolling interests. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Amount of real estate investment property, net of accumulated depreciation, which may include the following: (1) land available-for-sale; (2) land available-for-development; (3) investments in building and building improvements; (4) tenant allowances; (5) developments in-process; (6) rental properties; and (7) other real estate investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition The book value of investments in real estate joint ventures including direct and indirect investments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Yield on the receivable, on which interest has been imputed, as calculated from its issuance value or purchase price. The calculated effective interest rate considers factors such as the issued face value or price paid for the receivable, the time period between payments, and the time until maturity [full receipt] of the receivable. Reference 1: http://www.xbrl.org/2003/role/presentationRef
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- Definition Detail information of subsequent event by type. User is expected to use existing line items from elsewhere in the taxonomy as the primary line items for this disclosure, which is further associated with dimension and member elements pertaining to a subsequent event. No definition available.
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