Quarterly report pursuant to Section 13 or 15(d)

Profit Sharing Plan

Profit Sharing Plan
9 Months Ended
Sep. 30, 2018
Retirement Benefits [Abstract]  
Pension and Other Postretirement Benefits Disclosure [Text Block]
Profit Sharing Plan
On April 16, 2018, The Company’s Board of Directors approved the adoption of the Sachem Capital Corp. 401(k) Profit Sharing Plan (the “401(k) Plan)”. All employees, who meet the participation criteria, are eligible to participate in the 401(k) Plan. Under the terms of the 401(k) Plan, the Company is obligated to contribute 3% of a participant’s compensation to the 401(k) Plan on behalf of an
employee-participant. For the three and nine months ended September 30, 2018, the 401(k) Plan expense was $532 and $6,448, respectively.