Significant Accounting Policies
Significant Accounting Policies [Text Block]
Number of notes series outstanding
Number Of Notes Series Outstanding
Number Of Notes Series Outstanding
Statistical Measurement [Domain]
Statistical Measurement [Domain]
Loans held for investment transferred to other assets
Loans Held For Investment Transferred to Other Assets
Loans Held For Investment Transferred to Other Assets
Contribution agreement, maximum extension period after closing date
Contribution Agreement, Maximum Extension Period After Closing Date
Contribution Agreement, Maximum Extension Period After Closing Date
Mortgage Concentration Risk
Mortgage Concentration Risk [Member]
It represents mortgage concentration risk member
Award Timing Predetermined
Award Timing Predetermined [Flag]
Unsecured Notes Payable
Notes Payable [Line Items]
Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.
Entity File Number
Entity File Number
Additional Paid in Capital
Additional Paid-in Capital [Member]
Income from limited liability company investments
Income (Loss) from Equity Method Investments
Tabular List, Table
Tabular List [Table Text Block]
Prepayment, percentage of outstanding principal
Debt Instrument, Prepayment, Percentage Of Outstanding Principal
Debt Instrument, Prepayment, Percentage Of Outstanding Principal
Pledged Status [Axis]
Pledged Status [Axis]
Schedule of company's assets at fair value of financial instruments
Fair Value, by Balance Sheet Grouping [Table Text Block]
Interest income
Interest Income (Expense), Nonoperating
Shem Creek Capital Fund V LLC
Shem Creek Capital Fund V LLC [Member]
Represents information pertaining to investment in Shem Creek Capital Fund V LLC.
Trading Arrangements, by Individual
Trading Arrangements, by Individual [Table]
Measurement Basis [Axis]
Measurement Basis [Axis]
Basic loss per common share (in dollars per share)
Basic loss per common share (in dollars per share)
Earnings Per Share, Basic
Other expenses
Other Expenses
Adjustment to Compensation:
Adjustment to Compensation [Axis]
Related Party Transactions
Related Party Transactions Disclosure [Text Block]
Named Executive Officers, Footnote
Named Executive Officers, Footnote [Text Block]
Accounts payable and accrued liabilities
Increase (Decrease) in Accounts Payable and Accrued Liabilities
Maximum number of common shares reserved for the grant of awards (in shares)
Common Stock, Capital Shares Reserved for Future Issuance
Financing Receivable Portfolio Segment [Domain]
Financing Receivable Portfolio Segment [Domain]
Dividends paid on Series A Preferred Stock
Payments of Ordinary Dividends, Preferred Stock and Preference Stock
Contribution agreement, disposition aggregate shortfall amount
Contribution Agreement, Aggregate Shortfall Amount, Dispositions
Contribution Agreement, Aggregate Shortfall Amount, Dispositions
Senior Secured Notes due June 11, 2030
Senior Secured Notes due June 11, 2030 [Member]
Senior Secured Notes due June 11, 2030
Subsidiary or Equity Method Investee, Sale of Stock, Type [Table]
Subsidiary or Equity Method Investee, Sale of Stock, Type [Table]
Repayment of mortgage payable
Repayments of First Mortgage Bond
Total Gross Deferred Tax Assets
Deferred Tax Assets, Gross
Measurement Input, Discount Rate
Measurement Input, Discount Rate [Member]
Number of condominium units
Real Estate Investment Property, Number of Condominium Units
Real Estate Investment Property, Number of Condominium Units
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss [Roll Forward]
Measurement Input Type [Domain]
Measurement Input Type [Domain]
NHB Mortgage
NHB Mortgage [Member]
NHB Mortgage
Accounts Payable and Accrued Liabilities [Abstract]
Accounts Payable and Accrued Liabilities [Abstract]
Scheduled annual principal repayments, next five years
Long-Term Debt, Scheduled Annual Principal Repayments, Next Five Years
Long-Term Debt, Scheduled Annual Principal Repayments, Next Five Years
Adjustment to Compensation, Amount
Adjustment to Compensation Amount
Affiliated Entity
Affiliated Entity [Member]
Loans outstanding (as a percent)
Concentration Risk, Percentage
Schedule of company's assets illustrates financial instruments measured at fair value on a nonrecurring basis
Fair Value Measurements, Nonrecurring [Table Text Block]
Principles of Consolidation
Consolidation, Policy [Policy Text Block]
Stock-based compensation
Share-Based Payment Arrangement, Noncash Expense
Charge-offs
Total
Financing Receivable, Excluding Accrued Interest, Allowance for Credit Loss, Writeoff
Employee Stock Option
Share-Based Payment Arrangement, Option [Member]
Award Timing MNPI Disclosure
Award Timing MNPI Disclosure [Text Block]
Property, Plant and Equipment [Table]
Property, Plant and Equipment [Table]
Interest and fees receivable and due from borrowers
Interest And Fees Receivable, Fair Value Disclosure
Fair value portion of interest and fees receivable and due from borrowers.
Accounts and Financing Receivables [Table]
Accounts and Financing Receivables [Table]
Purchase of interests in limited liability companies
Payments to Acquire Equity Method Investments
Total shareholders’ equity
Beginning balance
Ending balance
Equity, Attributable to Parent
June 2027 Notes
Unsecured Unsubordinated Notes Due June 2027 [Member]
Represents the member information pertaining to Unsecured, Unsubordinated Notes Due June 30, 2027.
Measurement Frequency [Axis]
Measurement Frequency [Axis]
Insider Trading Policies and Procedures [Line Items]
Stock based compensation expense
Share-Based Payment Arrangement, Expense
Schedule of property and equipment, net
Property, Plant and Equipment [Table Text Block]
Common stock, shares authorized (in shares)
Common Stock, Shares Authorized
Notes payable (listed) - fixed rate debt/Senior secured notes payable
Notes Payable, Fair Value Disclosure
Issuance of Series A Preferred Stock, net of expenses (in shares)
Stock Issued During Period, Shares, New Issues
Fair value of assets acquired
Real Estate Investment Property Acquired
Real Estate Investment Property Acquired
Total liabilities and shareholders’ equity
Liabilities and Equity
Recurring
Fair Value, Recurring [Member]
Concentration Risk Benchmark [Axis]
Concentration Risk Benchmark [Axis]
Liabilities and Shareholders’ Equity
Liabilities and Equity [Abstract]
Cover [Abstract]
Cash and cash equivalents
Cash and Cash Equivalents, Fair Value Disclosure
Due from borrowers, net
Increase (Decrease) in Finance Receivables
Portion at Fair Value Measurement
Portion at Fair Value Measurement [Member]
Principal basis transferred to real estate owned
Real Estate Owned, Transfer to Real Estate Owned
Maximum
Maximum [Member]
Equity Method Investment [Table]
Equity Method Investment [Table]
Other fees
Other Fees
Amount of income from other fees.
Accounting Policies [Abstract]
Accounting Policies [Abstract]
Restricted Stock
Restricted Stock [Member]
Concentration Risk Type [Domain]
Concentration Risk Type [Domain]
Non-PEO NEO Average Total Compensation Amount
Non-PEO NEO Average Total Compensation Amount
Mortgages receivable
Amount of Mortgage Receivable
The amount of mortgage receivable for the such properties of an entity during the period.
Notes issued denomination (in dollars per share)
Notes Issued Denomination
Face amount of per share of notes issued.
Line of Credit, Mortgage Payable, and Churchill Facility
Debt Instrument [Line Items]
Debt Instrument [Line Items]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Schedule of Share-Based Compensation Arrangements by Share-Based Payment Award [Table]
Contribution agreement, expected net asset value
Contribution Agreement, Expected Net Asset Value
Contribution Agreement, Expected Net Asset Value
Year Originated, 2026/2025
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year
Adjustment to Non-PEO NEO Compensation Footnote
Adjustment to Non-PEO NEO Compensation Footnote [Text Block]
Pay vs Performance Disclosure [Line Items]
Financing Receivable, Credit Quality Indicator [Table]
Financing Receivable, Credit Quality Indicator [Table]
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Forgone Recovery due to Disqualification of Tax Benefits, Amount
Greater than 90 days
Financial Asset, Equal to or Greater than 90 Days Past Due [Member]
Liabilities:
Liabilities [Abstract]
Non-Rule 10b5-1 Arrangement Terminated
Non-Rule 10b5-1 Arrangement Terminated [Flag]
Principal disbursements for loans
Payments To Acquire Mortgage Receivable
The cash outflow to acquire a mortgage receivable for a definite sum of money at a future date.
Financial Effect, weighted average months added to the life of the loans
Financing Receivable, Modified, Weighted Average Term Increase from Modification
Entity Shell Company
Entity Shell Company
Shem Creek Sachem 100 LLC
Shem Creek Sachem 100 LLC [Member]
Represents information pertaining to investment in Shem Creek Sachem 100 LLC.
Pre-Development Land
Pre-Development Land [Member]
Pre-Development Land
Number of loans modified experience difficulty
Number Of Loans Modified Experience Difficulty, Decrease In Interest Rate
Number of loans that are modified during year that experienced difficulties due to rate decreased in modification.
Schedule of Long-Term Debt Instruments [Table]
Schedule of Long-Term Debt Instruments [Table]
Deferred financing costs, year three
Deferred Financing Costs, Year Three
Deferred Financing Costs, Year Three
Schedule of carrying value of investment
Investment [Table Text Block]
Statement of Stockholders' Equity [Abstract]
Statement of Stockholders' Equity [Abstract]
Shem Creek Capital Fund VI LLC
Shem Creek Capital Fund VI LLC [Member]
Represents information pertaining to investment in Shem Creek Capital Fund VI LLC .
2026 (nine months remaining)
Estimated Amortization of Deferred Financing Costs, Remainder of Fiscal Year
The amount of estimated amortization of deferred financing costs in remainder of current fiscal year.
Variable Interest Entity [Table]
Variable Interest Entity [Table]
Year Originated, 2024/2023
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year
Statement of Cash Flows [Abstract]
Statement of Cash Flows [Abstract]
Company Selected Measure Amount
Company Selected Measure Amount
Prior
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year, Writeoff
Award Timing MNPI Considered
Award Timing MNPI Considered [Flag]
Deferred financing costs
Debt Issuance Costs, Gross
801-850
FICO Score, 801 to 850 [Member]
From 801 to 850 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Measurement Input Type [Axis]
Measurement Input Type [Axis]
Name
Measure Name
Other receivables
Other Receivables
Number of additional condominium units
Real Estate Investment Property, Number of Additional Condominium Units
Real Estate Investment Property, Number of Additional Condominium Units
Individually evaluated loans, net of allowance for credit losses
Financing Receivable, Allowance for Credit Loss, Individually Evaluated
Document Fiscal Period Focus
Document Fiscal Period Focus
Transaction expenses
Transaction Expenses
Transaction Expenses
Unsecured Debt
Unsecured Debt [Member]
Interest income from loans
Interest Income, Debt Securities, Operating
Award Timing Method
Award Timing Method [Text Block]
Loans on nonaccrual status
Financing Receivable, Excluding Accrued Interest, Nonaccrual
December 2026 Notes
Unsecured Unsubordinated Notes Due December 2026 [Member]
Represents the information pertaining to unsecured unsubordinated notes issued, due in December 2026.
Furniture and fixtures
Furniture and Fixtures [Member]
Award Type [Axis]
Award Type [Axis]
Total outstanding principal balance on mortgage
Total notes payable, net of deferred financing costs
Long-Term Debt
Legal Entity [Axis]
Legal Entity [Axis]
Total assets
Assets
Assets
Unaudited Condensed Consolidated Financial Statements
Unaudited Financial Statements, Policy [Policy Text Block]
Disclosure of accounting policy for the financial statements which are not audited at the end of period.
Trading Symbol
Trading Symbol
Mortgages receivable, net
Financing Receivable, Credit Quality Indicator [Line Items]
Default interest rate on mortgage loans
Mortgage Loans on Real Estate, Default Interest Rate
The default interest rate on the mortgage loan receivable.
Stock-based compensation, less shares forfeited (in shares)
Shares Issued, Shares, Share-Based Payment Arrangement, after Forfeiture
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Financing Receivable, Allowance for Credit Loss [Roll Forward]
Entity Address, City or Town
Entity Address, City or Town
CASH FLOWS FROM OPERATING ACTIVITIES
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation [Abstract]
Asset holding ratio
Debt Instrument, Asset Holding Ratio
Debt Instrument, Asset Holding Ratio
Class of Financing Receivable [Axis]
Class of Financing Receivable [Axis]
Origination and modification fees
Origination and Modification Fees
Amount of origination and modification fee of loans during the period.
Net Deferred Tax Assets
Deferred Tax Assets, Net of Valuation Allowance
Cost
Real Estate Investment Property, at Cost
Concentration Risk Type [Axis]
Concentration Risk Type [Axis]
Non-PEO NEO Average Compensation Actually Paid Amount
Non-PEO NEO Average Compensation Actually Paid Amount
Construction servicing fees
Construction Servicing Fees
Amount of income from construction servicing fees.
Number of borrowers
Number Of Borrowers
Represents the number of borrowers.
Compensation Actually Paid vs. Other Measure
Compensation Actually Paid vs. Other Measure [Text Block]
Variable Interest Entity
Variable Interest Entity [Line Items]
Entity Emerging Growth Company
Entity Emerging Growth Company
Credit Score, FICO [Axis]
Credit Score, FICO [Axis]
Variable Interest Entities
Consolidation, Variable Interest Entity, Policy [Policy Text Block]
Entity Common Stock, Shares Outstanding
Entity Common Stock, Shares Outstanding
Repayments on lines of credit
Repayments of Lines of Credit
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year
Change in Fair Value as of Vesting Date of Prior Year Equity Awards Vested in Covered Year [Member]
Unfunded Commitments
Unfunded Loan Commitment [Member]
Level 2
Fair Value, Inputs, Level 2 [Member]
Deferred financing costs
Deferred financing costs
Total deferred costs
Debt Issuance Costs, Net
Investments in limited liability companies
Carrying Value
Equity Method Investments
Insider Trading Policies and Procedures Not Adopted
Insider Trading Policies and Procedures Not Adopted [Text Block]
Total other income
Noninterest Income
Related Party
Related Party [Member]
Common stock, shares outstanding (in shares)
Common stock, beginning balance (in shares)
Common stock, ending balance (in shares)
Common Stock, Shares, Outstanding
Asset Pledged as Collateral
Asset Pledged as Collateral [Member]
Plan Name [Axis]
Plan Name [Axis]
Document Information [Table]
Document Information [Table]
PEO
PEO [Member]
Class of Financing Receivable [Domain]
Class of Financing Receivable [Domain]
Proceeds from issuance of Senior Secured Notes
Proceeds from initial draw
Proceeds from Issuance of Senior Long-Term Debt
Changes in operating assets and liabilities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Increase (Decrease) in Operating Capital [Abstract]
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year
Dividends or Other Earnings Paid on Equity Awards not Otherwise Reflected in Total Compensation for Covered Year [Member]
Minimum cash, cash equivalents and availability
Line Of Credit, Covenant Terms, Minimum Cash And Cash Equivalents Availability
The minimum amount of cash and cash equivalents required to be maintained as per the covenants of credit facility.
751-800
FICO Score, 751 to 800 [Member]
From 751 to 800 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Reclassification of loans held for sale to loans held for investment
Financing Receivable, Excluding Accrued Interest, Transfer in, Allowance for Credit Loss, Expense
Nature of Operation, Product Information, Concentration of Risk [Table]
Nature of Operation, Product Information, Concentration of Risk [Table]
Depreciation
Deferred Tax Liabilities, Property, Plant and Equipment
Real estate owned, net
Real Estate Owned, Fair Value Disclosure
Real Estate Owned, Fair Value Disclosure
Accounts payable and accrued liabilities
Total
Accounts Payable and Accrued Liabilities
Pledged Status [Domain]
Pledged Status [Domain]
Entity Address, Postal Zip Code
Entity Address, Postal Zip Code
Restatement Determination Date
Restatement Determination Date
Share-Based Payment Arrangement [Abstract]
Share-Based Payment Arrangement [Abstract]
CASH AND CASH EQUIVALENTS – BEGINNING OF PERIOD
CASH AND CASH EQUIVALENTS – END OF PERIOD
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Continuing Operation
Income Statement [Abstract]
Income Statement [Abstract]
Processing fees
Income from Processing Fees
The amount of income from processing fees.
Debt instrument, basis spread on variable rate
Debt Instrument, Basis Spread on Variable Rate
One borrower
One Borrower [Member]
This member stands for one borrower.
Sale of Stock [Domain]
Sale of Stock [Domain]
Other assets
Total
Other Assets
Nonrecurring
Fair Value, Nonrecurring [Member]
Investment securities
Investments, Fair Value Disclosure
Document and Entity Information
Document Information [Line Items]
Preferred stock, shares issued (in shares)
Preferred Stock, Shares Issued
Notes payable (net of deferred financing costs of $1,562 and $1,905)
Unsecured Debt
Pension Adjustments Service Cost
Pension Adjustments Service Cost [Member]
Financing Receivable, Modified [Table]
Financing Receivable, Modified [Table]
Fair Value Hierarchy and NAV [Axis]
Fair Value Hierarchy and NAV [Axis]
Term of Federal Home Loan Bank of Boston classic advance rate
Term Of Federal Home Loan Bank of Boston Classic Advance Rate
The term of Federal Home Loan Bank of Boston Classic Advance Rate, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Cost
Property, Plant and Equipment, Gross
Notes receivable
Notes Receivable Current
Amortized cost, after allowance for credit loss, of financing receivable. Excludes financing receivable excluding accrued interest after allowance of credit loss.
Sale of stock, shares authorized, amount
Sale Of Stock, Shares Authorized, Amount
Sale Of Stock, Shares Authorized, Amount
Restatement does not require Recovery
Restatement Does Not Require Recovery [Text Block]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Advances from borrowers
Advance Payments by Borrowers for Taxes and Insurance
401(k) Plan expenses
Defined Contribution Plan, Employer Discretionary Contribution Amount
South
South [Member]
Shem Creek Sachem VI LLC
Shem Creek Sachem VI LLC [Member]
Represents information pertaining to investment in Shem Creek Sachem VI LLC.
Compensation Actually Paid vs. Company Selected Measure
Compensation Actually Paid vs. Company Selected Measure [Text Block]
Percentage of membership interests acquired
Real Estate Investment Property, Membership Interest Acquired
City Area Code
City Area Code
Common shares available for future sale
Common Stock, Capital Value Reserved For Future Issuance
Aggregate value of common shares reserved for future issuance.
Future funding obligations, Loans held for investment
Other Commitments, Future Funding Obligations, Loans Held For Investment
The amount of liability relating to the entity's future funding obligations on loans held for investment as of the reporting date.
Schedule of summarizes the activity in the loans held for investment allowance for credit losses by geographic location
Financing Receivable, Allowance for Credit Loss [Table Text Block]
Award Timing, How MNPI Considered
Award Timing, How MNPI Considered [Text Block]
All Trading Arrangements
All Trading Arrangements [Member]
Equity Awards Adjustments, Footnote
Equity Awards Adjustments, Footnote [Text Block]
Total Shareholder Return Vs Peer Group
Total Shareholder Return Vs Peer Group [Text Block]
Mortgages
Mortgages [Member]
Joint venture ownership percentage
Related Party Transaction, Joint Venture Ownership Percentage
Related Party Transaction, Joint Venture Ownership Percentage
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingencies Disclosure [Abstract]
90-119 days past due
Financial Asset, 90 to 119 Days Past Due [Member]
Financial asset more than 89 days past due but fewer than 120 days past due.
Contribution agreement, OP Units conversion ratio
Contribution Agreement, Operating Partnership Unit Conversion Ratio
Contribution Agreement, Operating Partnership Unit Conversion Ratio
120+ days past due
Financial Asset, Equal to or Greater than 120 Days Past Due [Member]
Financial asset equal to or greater than 120 days past due.
Financing receivable, held-for-investment
Financing Receivable, With Related Allowance, Held For Investment
Amount of investment in financing receivables for which there is a related allowance for credit losses as of the reporting date.
Total Deferred Tax Assets/(Liabilities)
Deferred Tax Liabilities, Net
CASH FLOWS FROM INVESTING ACTIVITIES
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation [Abstract]
General and administrative expenses
General and Administrative Expense
Pay vs Performance Disclosure
Pay vs Performance Disclosure [Table]
NET CASH PROVIDED BY OPERATING ACTIVITIES
Cash Provided by (Used in) Operating Activity, Including Discontinued Operation
Interest and fees receivable (net of allowance of $2,915 and $3,133)
Interest Receivable
Percentage of employer contribution
Defined Contribution Plan, Employer Matching Contribution, Percent of Match
Term of debt (in years)
Debt Instrument, Term
Related Party Transactions [Abstract]
Related Party Transactions [Abstract]
Equity Method Investments and Joint Ventures [Abstract]
Equity Method Investments and Joint Ventures [Abstract]
Property plant and equipment, useful life (in years)
Property, Plant and Equipment, Useful Life
Preferred stock, par value (in dollars per share)
Preferred Stock, Par or Stated Value Per Share
Subsequent Event
Subsequent Event [Member]
Limited Liability Company ("LLC") Investments
Schedule of Equity Method Investments [Line Items]
Goodwill
Goodwill
Investments in limited liability companies
Equity Securities, FV-NI
Net interest income
Interest Income (Expense), Operating
Equity Valuation Assumption Difference, Footnote
Equity Valuation Assumption Difference, Footnote [Text Block]
PEO Total Compensation Amount
PEO Total Compensation Amount
Long-Term Debt, Type [Axis]
Long-Term Debt, Type [Axis]
Equity Components [Axis]
Equity Components [Axis]
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment [Line Items]
Year Originated, 2023/2022
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year
Non-Rule 10b5-1 Arrangement Adopted
Non-Rule 10b5-1 Arrangement Adopted [Flag]
Operating expenses
Operating Costs and Expenses [Abstract]
Gain on sale of investments in developmental real estate, real estate owned, and property and equipment, net
Gain on sale of real estate owned and property and equipment, net
Gains (Losses) on Sales of Investment Real Estate
Sachem Capital Corporation Holdings, LLC
Sachem Capital Corporation Holdings, LLC [Member]
Sachem Capital Corporation Holdings, LLC
Deferred Tax Assets:
Components of Deferred Tax Assets [Abstract]
SUPPLEMENTAL DISCLOSURE OF CASH FLOWS INFORMATION
Supplemental Cash Flow Information [Abstract]
Commercial
Commercial Real Estate [Member]
Other Performance Measure, Amount
Other Performance Measure, Amount
Summary of future principal payments on the notes payable
Contractual Obligation, Fiscal Year Maturity [Table Text Block]
Payments of deferred financing costs
Payments of Debt Issuance Costs
Entity Address, State or Province
Entity Address, State or Province
Contribution agreement, expected gross asset value to be contributed
Contribution Agreement, Expected Gross Asset Value To Be Contributed
Contribution Agreement, Expected Gross Asset Value To Be Contributed
Financial Asset, Aging [Domain]
Financial Asset, Aging [Domain]
Dividends paid on Common Shares
Dividends, Common Stock
Related and Nonrelated Parties [Domain]
Related and Nonrelated Parties [Domain]
Loans held for investment, net
Loans Receivable, Fair Value Disclosure
7.125% Notes due 2027
Notes 7.125 Percent Due 2027 [Member]
Member represents Notes 7.125 Percent Due 2027.
Shem Creek Sachem V LLC
Shem Creek Sachem V LLC [Member]
Represents information pertaining to investment in Shem Creek Sachem V LLC.
Loss on equity securities
Equity Securities, FV-NI, Gain (Loss)
Individual:
Individual [Axis]
Notice period for terminating the credit facility, prior to the proposed date of termination
Notice Period for Terminating the Credit Facility, Prior to the Proposed Date of Termination
The written notice period to the Administrative Agent for terminating the Credit Facility, prior to the proposed date of termination, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Other assets
Increase (Decrease) in Other Receivables
Accounts payable and accrued expenses
Accounts Payable and Accrued Liabilities Other than Notes and Interest
Amount of accounts payable and accrued liabilities other than notes and interest.
Other assets
Other Assets, Current
Dividends paid on common shares
Payments of Ordinary Dividends, Common Stock
Cumulative dividends paid
Cumulative Dividends
551-600
FICO Score, 551 to 600 [Member]
From 551 to 600 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Entity [Domain]
Entity [Domain]
NET CASH (USED IN) PROVIDED BY INVESTING ACTIVITIES
Cash Provided by (Used in) Investing Activity, Including Discontinued Operation
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table
Aggregate Change in Present Value of Accumulated Benefit for All Pension Plans Reported in Summary Compensation Table [Member]
Schedule of fee income from loans
Summary of Fees and Oher Income [Table Text Block]
Tabular disclosure of fees and other income.
Cash paid during the period for interest
Interest Paid, Excluding Capitalized Interest, Operating Activity
Document Fiscal Year Focus
Document Fiscal Year Focus
Basis of Presentation
Basis of Accounting, Policy [Policy Text Block]
2025 Omnibus Incentive Plan
2025 Omnibus Incentive Plan [Member]
2025 Omnibus Incentive Plan
Principal modification, with no term extension
Principal Forgiveness [Member]
Forgone Recovery, Explanation of Impracticability
Forgone Recovery, Explanation of Impracticability [Text Block]
Entity Interactive Data Current
Entity Interactive Data Current
Plan Name [Domain]
Plan Name [Domain]
Carrying Amount
Reported Value Measurement [Member]
Real Estate Owned, Net [Roll Forward]
Real Estate Owned, Net [Roll Forward]
Real Estate Owned, Net
Real Estate [Abstract]
Real Estate [Abstract]
Mortgages receivable, net
Financing Receivable, Modified [Line Items]
Less: Valuation Allowance
Deferred Tax Assets, Valuation Allowance
Gain on sale of real estate owned
Gains (Losses) on Sales of Other Real Estate
Senior secured notes payable (net of deferred financing costs of $3,298 and $3,427)
Senior Notes
Schedule of investment in rental real estate
Real Estate Investment Financial Statements, Disclosure [Table Text Block]
Building
Building [Member]
Interest and Fee Income, Loan and Lease, Held-in-Portfolio [Abstract]
Interest and Fee Income, Loan and Lease, Held-in-Portfolio [Abstract]
Fair Value Measurement
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Net Operating Loss Carryforwards
Deferred Tax Assets, Operating Loss Carryforwards
Future funding obligations, Investment in limited liability companies
Other Commitments, Future Funding Obligations, Investment In Limited Liability Companies
The amount of liability relating to the entity's future funding obligations on investments in limited liability companies as of the reporting date.
Long-Lived Tangible Asset [Axis]
Long-Lived Tangible Asset [Axis]
Commitments and Contingencies
Other Commitments [Line Items]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Financing receivable, Current fiscal year
Financing Receivable, Year One, Originated, Current Fiscal Year
At the market offering
At The Market Offering [Member]
This member represents at the market offering member.
Ownership [Domain]
Ownership [Domain]
Compensation Actually Paid vs. Total Shareholder Return
Compensation Actually Paid vs. Total Shareholder Return [Text Block]
New England
New England [Member]
Represents the information pertaining to New England.
Fair Value, Recurring and Nonrecurring [Table]
Fair Value, Recurring and Nonrecurring [Table]
Nonperforming Financial Instruments
Nonperforming Financial Instruments [Member]
Depreciation and amortization expense
Depreciation, Depletion and Amortization
Customer [Domain]
Customer [Domain]
Entity Central Index Key
Entity Central Index Key
PEO Name
PEO Name
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year
Prior Year End Fair Value of Equity Awards Granted in Any Prior Year that Fail to Meet Applicable Vesting Conditions During Covered Year [Member]
Schedule of allocate the carrying value of the Company's loan portfolio based on credit quality indicators in assessing estimated credit losses and year of origination at the dates indicated
Financing Receivable Credit Quality Indicators [Table Text Block]
Outstanding Aggregate Erroneous Compensation Amount
Outstanding Aggregate Erroneous Compensation Amount
Needham Credit Facility
Needham Credit Facility [Member]
Represents the information pertaining to credit facility line received from Needham.
Arrangement Duration
Trading Arrangement Duration
Fair value adjustment on loan restructuring
Gain (Loss) On Restructuring Of Financing Receivable
Computer hardware and software
Computer Equipment [Member]
Principal collections on loans
Proceeds from Collection of Mortgage Receivable
The cash inflow associated with principal collections from a mortgages receivable.
Exercise Price
Award Exercise Price
Entity Filer Category
Entity Filer Category
Cumulative net earnings
Cumulative Earnings (Deficit)
Local Phone Number
Local Phone Number
Class of Stock [Domain]
Class of Stock [Domain]
Additional 402(v) Disclosure
Additional 402(v) Disclosure [Text Block]
Unrecorded stock based compensation expense
Share-Based Payment Arrangement, Nonvested Award, Excluding Option, Cost Not yet Recognized, Amount
Share price (in dollars per share)
Share Price
Subsequent Event Type [Axis]
Subsequent Event Type [Axis]
Stock-Based Compensation and Employee Benefits
Share-Based Payment Arrangement [Text Block]
Assets
Assets [Abstract]
Underlying Security Market Price Change
Underlying Security Market Price Change, Percent
Interest and fees receivable, net
Increase Decrease in Interest and Fees Receivable
The increase (decrease) during the reporting period in the aggregate amount due to the entity in the form of unpaid interest and fees.
Collateral Dependent Loans
Financing Receivable, before Allowance for Credit Loss
Shareholders totaled
Loans and Leases Receivable, Related Parties
Debt Instrument [Axis]
Debt Instrument [Axis]
Fair Value Measurement
Fair Value Disclosures [Text Block]
Due from borrowers (net of allowance of $906 and $1,135)
Due from Borrowers
The amount due from borrowers.
Shareholders’ equity:
Equity, Attributable to Parent [Abstract]
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year
Vesting Date Fair Value of Equity Awards Granted and Vested in Covered Year [Member]
6.00% Notes due 2027
Notes 6.00 Percent Due 2027 [Member]
Member represents Notes 6.00 Percent Due 2027.
SN Holdings LLC
SN Holdings LLC [Member]
Represents information pertaining to SN Holdings LLC ("SN Holdings").
Entity Address, Address Line One
Entity Address, Address Line One
Schedule of loan modifications during the period made to borrowers experiencing financial difficulty
Financing Receivable, Modified [Table Text Block]
Accumulated Other Comprehensive Income (Loss)
AOCI Attributable to Parent [Member]
Fixed annual rate
Debt Instrument, Interest Rate, Stated Percentage
30-59 days past due
Financial Asset, 30 to 59 Days Past Due [Member]
Notes Payable [Table]
Notes Payable [Table]
Disclosure of information about notes payable.
Foreclosure loan of allowance for credit loss
Loan Pre Foreclosure Amount On Allowance For Credit Loss
The amount of loan pre-foreclosure that required an allowance for credit loss.
Schedule of real estate owned
Schedule of Real Estate Properties [Table Text Block]
Mortgage Loan Held For Investment
Mortgage Loan Held For Investment [Member]
Mortgage Loan Held For Investment
Ownership [Axis]
Ownership [Axis]
Amortization schedule
Debt Instrument, Amortization Period
Amortization period of debt, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Fair Value as of Grant Date
Award Grant Date Fair Value
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment [Abstract]
Impairment loss on Real estate owned
Investments In Rental Real Estate, Accumulated Impairment
Investments In Rental Real Estate, Accumulated Impairment
Entity Registrant Name
Entity Registrant Name
Compensation and employee benefits
Compensation Expense, Excluding Cost of Good and Service Sold
6.00% Notes due 2026
Notes 6.00 Percent Due 2026 [Member]
Member represents Notes 6.00 Percent Due 2026.
Stock Price or TSR Estimation Method
Stock Price or TSR Estimation Method [Text Block]
Unfunded commitments
Unfunded Commitments [Member]
Unfunded Commitments
Operating loss carryforwards
Operating Loss Carryforwards
Year Originated, 2022/2021
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year
Liquidation preference per annum (in dollars per share)
Preferred Stock, Liquidation Preference Per Annum
The amount of liquidation preference per annum.
Purchase of property and equipment
Property Plant And Equipment Excluding Construction Investment In Rental Real Estate
The net cash outflow or inflow from purchases, sales and disposals of property, plant and equipment excluding construction investment in rental real estate.
Shem Creek Capital Fund VII LLC
Shem Creek Capital Fund VII LLC [Member]
Represents information pertaining to investment in Shem Creek Capital Fund VII LLC.
Number of shares granted (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants in Period
Total operating expenses
Costs and Expenses
Shares forfeited (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Forfeited in Period
8.00% Notes due 2027
Notes 8.00 Percent Due 2027 [Member]
Member represents Notes 8.00 Percent Due 2027.
Related Party Transactions
Related Party Transaction [Line Items]
Document Quarterly Report
Document Quarterly Report
Provision for credit losses related to loans held for investment
Provision for credit losses related to loans held for investment
Provision for Loan, Lease, and Other Losses
Recovery of impairment loss on real estate
Recovery of impairment loss on real estate owned
Recovery of Impairment Loss on Real Estate
Recovery of Impairment Loss on Real Estate
Changed Peer Group, Footnote
Changed Peer Group, Footnote [Text Block]
Financial Instrument Performance Status [Axis]
Financial Instrument Performance Status [Axis]
Counterparty Name [Domain]
Counterparty Name [Domain]
Investments in partnerships
Equity Securities without Readily Determinable Fair Value, Amount
Number of operating segments
Number of Operating Segments
Reverse stock split ratio
Stockholders' Equity Note, Stock Split, Conversion Ratio
Adjustment To PEO Compensation, Footnote
Adjustment To PEO Compensation, Footnote [Text Block]
Investments in developmental real estate
Payments to Acquire Commercial Real Estate
Schedule of accounts payable and accrued liabilities
Schedule of Accounts Payable and Accrued Liabilities [Table Text Block]
701-750
FICO Score, 701 to 750 [Member]
From 701 to 750 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Related and Nonrelated Parties [Axis]
Related and Nonrelated Parties [Axis]
Title
Trading Arrangement, Individual Title
Peer Group Total Shareholder Return Amount
Peer Group Total Shareholder Return Amount
Restatement Determination Date:
Restatement Determination Date [Axis]
Stock-based compensation, less shares forfeited
Shares Issued, Value, Share-Based Payment Arrangement, after Forfeiture
Non-PEO NEO
Non-PEO NEO [Member]
Period of written notice to redeem notes without premium or penalty
Period of Written Notice to Redeem Notes Without Premium or Penalty
Period of written notice to redeem notes without premium or penalty for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Shem Creek Capital LLC
Shem Creek Capital [Member]
Represents information pertaining to Shem Creek Capital.
Fee income from loans
Total
Fee Income
Deferred financing costs, year four
Deferred Financing Costs, Year Four
Deferred Financing Costs, Year Four
Notes
Unsecured Subordinated Debt [Member]
Represents the information pertaining to unsecured subordinated notes .
Interest rate (as a percent)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate, Interest Rate
Sale of Stock [Axis]
Sale of Stock [Axis]
Land and land improvements
Land
Land [Member]
Name
Trading Arrangement, Individual Name
West
West [Member]
Award Type [Domain]
Award Type [Domain]
Prepayment term
Debt Instrument, Option Prepayment, Term
Debt Instrument, Option Prepayment, Term
Loans defaulted during period
Financing Receivable, Modified, Number Of Loans Defaulted During Period
Financing Receivable, Modified, Number Of Loans Defaulted During Period
Equity Awards Adjustments
Equity Awards Adjustments [Member]
Pension Benefits Adjustments, Footnote
Pension Benefits Adjustments, Footnote [Text Block]
Other income
Other Income
Compensation Amount
Outstanding Recovery Compensation Amount
Principal amount
Debt Instrument, Face Amount
Intangible asset – trade name
Finite-Lived Trade Names, Gross
Debt Instrument, Name [Domain]
Debt Instrument, Name [Domain]
Investment in Developmental Real Estate, Net
Real Estate Disclosure [Text Block]
Recovery of Erroneously Awarded Compensation Disclosure [Line Items]
Fair Value Measurement
Estimate of Fair Value Measurement [Member]
Preferred Shares
Preferred Stock [Member]
MNPI Disclosure Timed for Compensation Value
MNPI Disclosure Timed for Compensation Value [Flag]
Name
Awards Close in Time to MNPI Disclosures, Individual Name
Other Assets
Other Assets Disclosure [Text Block]
Weighted average number of common shares outstanding:
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Aggregate Erroneous Compensation Not Yet Determined
Aggregate Erroneous Compensation Not Yet Determined [Text Block]
Real estate acquired in connection with foreclosure of certain mortgages
Real Estate Acquired During Period Through Foreclosure
Value of real estate acquired during period through foreclosure in an non- cash transaction.
2027
Long-Term Debt, Maturity, Year One
Total Deferred Tax Liabilities
Deferred Tax Liabilities, Gross
Loans originated from sale of real estate owned
Investments In Rental Real Estate, Loans Generated From Sale Of Real Estate Owned
Investments In Rental Real Estate, Loans Generated From Sale Of Real Estate Owned
Loss contingency, damages sought, value
Loss Contingency, Damages Sought, Value
Proceeds from sale of real estate owned
Cash And Noncash Proceeds From Sale Of Real Estate Owned
Cash And Noncash Proceeds From Sale Of Real Estate Owned
Aggregate Pension Adjustments Service Cost
Aggregate Pension Adjustments Service Cost [Member]
Fair Value Hierarchy and NAV [Domain]
Fair Value Hierarchy and NAV [Domain]
Minimum
Minimum [Member]
Net interest (loss) income after provision for credit losses related to loans held for investment and changes in valuation allowance related to loans held for sale
Interest Income (Expense), after Provision for Loan Loss
Interest accrued period
Debt Instrument, Interest accrued Term
The period for which interest is accrued, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Accumulated Depreciation
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment
Earnings (Losses) Per Share
Earnings Per Share, Policy [Policy Text Block]
Real Estate Owned ("REO")
Real Estate Owned [Text Block]
Loans held for investment (net of deferred loan fees of $2,225 and $2,230)
Loans Held For Investment, Including Net of Deferred Loan Fees
Represents the amount of loan held for investments including net deferred loan fees.
Mortgages receivable, net
Accounts, Notes, Loans and Financing Receivable [Line Items]
Accounts, Notes, Loans and Financing Receivable [Line Items]
Company Selected Measure Name
Company Selected Measure Name
Fair Value Measurement [Domain]
Fair Value Measurement [Domain]
Mixed Use
Mixed Use [Member]
Mixed Use
Senior Notes
Senior Notes [Member]
Line of Credit and Mortgage Payable
Senior Secured Notes Payable
Debt Disclosure [Text Block]
Preferred shares - $0.001 par value; 5,000,000 shares authorized; 3,332,000 shares designated as Series A Preferred Stock; 2,312,758 shares of Series A Preferred Stock issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Preferred Stock, Value, Issued
Aggregate Available
Trading Arrangement, Securities Aggregate Available Amount
Partner's ownership interest, percentage
Limited Liability Company (LLC) or Limited Partnership (LP), Managing Member or General Partner, Ownership Interest
Extension fees
Extension Fees
The amount of income from extension fees .
Accrued interest
Interest Payable
Year Originated, 2025/2024
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year
Stock Appreciation Rights (SARs)
Stock Appreciation Rights (SARs) [Member]
Repayments of repurchase agreements
Repayments For Securities Sold Under Agreements to Repurchase
The cash outflow from repayment of investments sold under the agreement to repurchase such investment.
Real estate owned (net of impairment of $185 and $492)
Real estate owned, net
Real estate owned at beginning of period
Real estate owned at end of period
Investments In Rental Real Estate, Net
Carrying value as of the balance sheet date of investments in rental real estate, net.
Financial Asset, Aging [Axis]
Financial Asset, Aging [Axis]
All Executive Categories
All Executive Categories [Member]
Collateral Held [Domain]
Collateral Held [Domain]
Schedule of Deferred Tax Assets and Liabilities
Schedule of Deferred Tax Assets and Liabilities [Table Text Block]
Stockholders' Equity Note [Abstract]
Stockholders' Equity Note [Abstract]
Other investment income
Other Operating Income
Common Shares - $0.001 par value; 200,000,000 shares authorized; 47,955,647 and 47,684,955 issued and outstanding at March 31, 2026 and December 31, 2025, respectively
Common Stock, Value, Issued
Commitments and Contingencies
Commitments and Contingencies Disclosure [Text Block]
Diluted weighted average common shares outstanding (in shares)
Weighted Average Number of Shares Outstanding, Diluted
Change in deferred loan fees
Increase (Decrease) in Loans, Deferred Income
Fee Income from Loans
Disclosure of Fees and Other Income [Text Block]
The entire disclosure of fees and other income.
Commitments and Contingencies - Note 14
Commitments and Contingencies
Preferred stock liquidation preference value
Preferred Stock, Liquidation Preference, Value
Basis in REO Assets
Deferred Tax Assets, Basis In Real Estate Owned Assets
Deferred Tax Assets, Basis In Real Estate Owned Assets
2026/2025
Financing Receivable, Excluding Accrued Interest, Year One, Originated, Current Fiscal Year, Writeoff
Non-GAAP Measure Description
Non-GAAP Measure Description [Text Block]
Late and other fees
Late and Other Fees Income
The amount of income from late and other fees .
Entity Small Business
Entity Small Business
Income Tax Disclosure [Abstract]
Income Tax Disclosure [Abstract]
Mid-Atlantic
Mid-Atlantic [Member]
Preferred stock, shares outstanding (in shares)
Preferred stock, beginning balance (in shares)
Preferred stock, ending balance (in shares)
Preferred Stock, Shares Outstanding
Schedule of allowance for credit losses
Schedule of Allowance for Current Expected Credit Losses [Table Text Block]
Tabular disclosure of allowance for current expected credit losses.
Document Transition Report
Document Transition Report
Due from borrower
Due From Borrower [Member]
Due From Borrower
Unsecured Notes Payable
Unsecured Notes Payable [Text Block]
The entire disclosure on notes payable.
Underlying Securities
Award Underlying Securities Amount
Interest and fees receivable
Interest And Fees Receivable [Member]
Interest And Fees Receivable
Equity Component [Domain]
Equity Component [Domain]
Document Period End Date
Document Period End Date
PEO Actually Paid Compensation Amount
PEO Actually Paid Compensation Amount
Schedule of maturities of mortgage receivable
Schedule of Maturities of Mortgages Receivable [Table Text Block]
Tabular disclosure of maturities of mortgage receivable.
Income Taxes
Income Tax Disclosure [Text Block]
Common Class A
Common Class A [Member]
Proceeds from lines of credit
Proceeds from Lines of Credit
Geographic Distribution [Domain]
Geographic Distribution [Domain]
Redemption period for preference stock
Maximum Threshold Period For Redemption Of Preference Stock
Maximum threshold period for redemption of preference shares, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days.
Awards Close in Time to MNPI Disclosures, Table
Awards Close in Time to MNPI Disclosures [Table Text Block]
60-89 days past due
Financial Asset, 60 to 89 Days Past Due [Member]
Advances from borrowers
Increase (Decrease) In Advances From Borrowers
Increase (Decrease) In Advances From Borrowers
Scenario [Axis]
Scenario [Axis]
Deferred financing costs, remainder of fiscal year
Deferred Financing Costs, Remainder Of Fiscal Year
Deferred Financing Costs, Remainder Of Fiscal Year
Threshold asset coverage ratio
Threshold Asset Coverage Ratio
The percentage of threshold asset coverage ratio.
Document Type
Document Type
Level 3
Fair Value, Inputs, Level 3 [Member]
Earnings (Losses) Per Share
Earnings Per Share [Text Block]
Name
Outstanding Recovery, Individual Name
Additional paid-in capital
Additional Paid in Capital
IRG Master Holdings, LLC
IRG Master Holdings, LLC [Member]
IRG Master Holdings, LLC
Financing Receivable, Allowance for Credit Loss [Table]
Financing Receivable, Allowance for Credit Loss [Table]
Cordo CLT Investors LLC
Cordo CLT Investors LLC [Member]
Represents information pertaining to Cordo CLT Investors LLC.
All Individuals
All Individuals [Member]
Residential
Residential Real Estate [Member]
Long-Term Debt, Type [Domain]
Long-Term Debt, Type [Domain]
Fair Value Disclosures [Abstract]
Fair Value Disclosures [Abstract]
Name
Forgone Recovery, Individual Name
Statistical Measurement [Axis]
Statistical Measurement [Axis]
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested
Year-over-Year Change in Fair Value of Equity Awards Granted in Prior Years That are Outstanding and Unvested [Member]
Proceeds from repurchase agreements
Proceeds from Securities Sold under Agreements to Repurchase
The cash inflow from investments sold under the agreement to repurchase such investment.
Share repurchase program, authorized amount
Share Repurchase Program, Authorized, Amount
Credit Score, FICO [Domain]
Credit Score, FICO [Domain]
Real estate investment property, measurement input
Real Estate Investment Property, Measurement Input
Real Estate Investment Property, Measurement Input
2025/2024
Financing Receivable, Excluding Accrued Interest, Year Two, Originated, Fiscal Year before Current Fiscal Year, Writeoff
Vehicles
Vehicles [Member]
Past due financing receivables with no allowance
Financing Receivable, Nonaccrual, No Allowance
Fair value of shares granted
Share-Based Compensation Arrangement by Share-Based Payment Award, Equity Instruments Other than Options, Grants In Period, Fair Value
Fair value at grant date of equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan).
Aggregate Erroneous Compensation Amount
Aggregate Erroneous Compensation Amount
Schedule of other assets
Schedule of Other Assets [Table Text Block]
Peer Group Issuers, Footnote
Peer Group Issuers, Footnote [Text Block]
2022/2021
Financing Receivable, Excluding Accrued Interest, Year Five, Originated, Four Years before Current Fiscal Year, Writeoff
Net loss attributable to common shareholders
Net Income (Loss) Available to Common Stockholders, Basic
Investment securities (at fair value)
Marketable Securities, Current
Summary of estimated amortization of the deferred financing costs
Estimated Amortization of the Deferred Financing Costs [Table Text Block]
Tabular disclosure of estimated amortization of the deferred financing costs.
Erroneous Compensation Analysis
Erroneous Compensation Analysis [Text Block]
Performance of modified loans
Financing Receivable, Excluding Accrued Interest, Modified, after 12 Months
Rule 10b5-1 Arrangement Terminated
Rule 10b5-1 Arrangement Terminated [Flag]
Industrial Realty Group Global, LLC
Industrial Realty Group Global, LLC [Member]
Industrial Realty Group Global, LLC
Level 1
Fair Value, Inputs, Level 1 [Member]
Lines of credit
Long-Term Line of Credit
Other Assets [Abstract]
Other Assets [Abstract]
Preferred stock, redemption price per share (in dollars per share)
Preferred Stock, Redemption Price Per Share
Net of deferred loan fees
Deferred Revenues
Amount of deferred income to transfer product and service to customer for which consideration has been received.
Related Party Transaction [Table]
Related Party Transaction [Table]
Diluted loss per common share (in dollars per share)
Diluted loss per common share (in dollars per share)
Earnings Per Share, Diluted
Forecast
Forecast [Member]
Erroneously Awarded Compensation Recovery
Erroneously Awarded Compensation Recovery [Table]
Concentration Risk Benchmark [Domain]
Concentration Risk Benchmark [Domain]
Title of 12(b) Security
Title of 12(b) Security
Provision for (recovery of) credit losses related to loans
Provision for (recovery of) credit losses related to loans
Financing Receivable, Excluding Accrued Interest, Credit Loss Expense (Reversal)
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate Schedule [Table]
Loans and Allowance for Credit Losses
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Text Block]
Preferred stock conversion, shares issued (in shares)
Preferred Stock, Convertible, Shares Issuable
Carrying value
Carrying Value
Financing Receivable, Excluding Accrued Interest, Modified in Period, Amount
Basic and diluted net loss per common share outstanding:
Basic and diluted net income (loss) per common share outstanding:
Earnings Per Share [Abstract]
Limited Liability Company ("LLC") Investments
Equity Method Investments and Joint Ventures Disclosure [Text Block]
Change in valuation allowance related to loans held for sale
Change in Valuation Allowance Related to Loans Held for Sales
Amount of expense for valuation allowance on financing receivable transferred to held-for-sale classification.
Right to extend the term (in years)
Credit Facility, Right to Extend the Term
The period for which, the Company has a right to extend the credit facility term upon the consent of the Administrative Agent and the Lenders, in 'PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents reported fact of one year, five months, and thirteen days.
Prepaid expenses
Prepaid Expense
Term extension
Extended Maturity [Member]
2024/2023
Financing Receivable, Excluding Accrued Interest, Year Three, Originated, Two Years before Current Fiscal Year, Writeoff
Number of mortgage properties
Number of Mortgage Properties
Represents the number of mortgage properties.
Financing Receivable Portfolio Segment [Axis]
Financing Receivable Portfolio Segment [Axis]
Accounts Payable and Accrued Liabilities
Accounts Payable and Accrued Liabilities Disclosure [Text Block]
Investments in developmental real estate, net
Investments In Rental Real Estates, Net
Amount of investments in rental real estate, net.
501-550
Fico Score 501 To 550 [Member]
From 501 to 550 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Lines of credit
Lines of Credit, Fair Value Disclosure
Loans and Allowance for Credit Losses
Financing Receivable, Allowance for Credit Loss [Line Items]
Award Timing Disclosures [Line Items]
Threshold percentage of taxable income to prohibit distribution
Threshold Percentage of Taxable Income to Prohibit Distribution
The percentage of taxable income to prohibit distribution.
Aggregate amount outstanding
Total principal payments
Long-Term Debt, Gross
Contribution agreement, deemed exchange value (in dollars per share)
Contribution Agreement, Deemed Exchange Value, Per Share
Contribution Agreement, Deemed Exchange Value, Per Share
Measurement Frequency [Domain]
Measurement Frequency [Domain]
Property and Equipment, Net
Property, Plant and Equipment Disclosure [Text Block]
Equity
Equity [Text Block]
651-700
FICO Score, 651 to 700 [Member]
From 651 to 700 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Fair value
Carrying Value
Financing Receivable, Excluding Accrued Interest, before Allowance for Credit Loss
Loan Restructuring Modification [Domain]
Loan Restructuring Modification [Domain]
Loans held for investment, net
Loans held for investments, net of allowances for credit
Financing Receivable, Excluding Accrued Interest, after Allowance for Credit Loss
Net (loss) income
Net (loss) income
Net Income (Loss) Attributable to Parent
Subsequent Event [Table]
Subsequent Event [Table]
Expiration Date
Trading Arrangement Expiration Date
Net investment
Real Estate Investment Property, Net
Construction in progress
Construction in Progress [Member]
Cumulative Net Earnings
Cumulative Net Earnings[Member]
Represents the information pertaining to Cumulative Net Earnings.
Product Information [Line Items]
Product Information [Line Items]
Change in valuation allowance related to loans held for sale
Financing Receivable, Transfer To (From) Held-For-Sale, Allowance For Credit Loss, Expense (Reversal)
Financing Receivable, Transfer To (From) Held-For-Sale, Allowance For Credit Loss, Expense (Reversal)
Property and equipment, net
Net investment
Property, Plant and Equipment, Net
Developmental real estate acquired in restructuring of loan held for investment
Developmental Real Estate Acquired in Restructuring of Loan Held for Investment
Represents the developmental real estate acquired in settlement of loan held for investment in supplemental disclosure of cash flow information.
Preferred stock, shares authorized (in shares)
Preferred Stock, Shares Authorized
Adoption Date
Trading Arrangement Adoption Date
Compensation Actually Paid vs. Net Income
Compensation Actually Paid vs. Net Income [Text Block]
Prepaid Expenses
Deferred Tax Liabilities, Prepaid Expenses
Amount of pending/pre-foreclosure loan outstanding
Collateral Loan Outstanding Amount
The amount of collateral loan outstanding.
Entity Current Reporting Status
Entity Current Reporting Status
7.75% Series A Cumulative Redeemable Preferred Stock, Liquidation Preference $25.00 per share
Series A Preferred Stock
Series A Preferred Stock [Member]
Amortization
Deferred Tax Liabilities, Goodwill and Intangible Assets
Receivables [Abstract]
Receivables [Abstract]
Customer [Axis]
Customer [Axis]
Awards Close in Time to MNPI Disclosures
Awards Close in Time to MNPI Disclosures [Table]
Interest expense and amortization of deferred financing costs
Interest And Amortization Of Debt Service Costs
Amount of the required periodic payment applied to interest and amortization of deferred financing costs.
Collateral Held [Axis]
Collateral Held [Axis]
Line of Credit
Line of Credit [Member]
Consolidated Entities [Domain]
Consolidated Entities [Domain]
IRG Realty Operating Partnership, L.P.
IRG Realty Operating Partnership, L.P. [Member]
IRG Realty Operating Partnership, L.P.
Adjustments to reconcile net (loss) income to net cash provided by operating activities:
Adjustment to Reconcile Net Income to Cash Provided by (Used in) Operating Activity, Noncash Item [Abstract]
Statement of Financial Position [Abstract]
Statement of Financial Position [Abstract]
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested
Year-end Fair Value of Equity Awards Granted in Covered Year that are Outstanding and Unvested [Member]
Executive Category:
Executive Category [Axis]
Number of loans held for investment
Number Of Loans Held for Investment on Real Estate
Number of mortgage loans within investment in mortgage loan on real estate by entity holding investment real estate or interest in real estate.
Ownership Percentage
Ownership interest
Limited Liability Company or Limited Partnership, Members or Limited Partners, Ownership Interest
Current Fiscal Year End Date
Current Fiscal Year End Date
Class of Stock [Axis]
Class of Stock [Axis]
Subsequent Event Type [Domain]
Subsequent Event Type [Domain]
Notes Payable [Abstract]
Notes Payable [Abstract]
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table
Aggregate Grant Date Fair Value of Equity Award Amounts Reported in Summary Compensation Table [Member]
Aggregate shares available for grants in period (in shares)
Share-Based Compensation Arrangement by Share-Based Payment Award, Number of Shares Available for Grant
Statement [Table]
Statement [Table]
Legal fees
Income From Legal Fees
Amount of income from legal fees .
CASH FLOWS FROM FINANCING ACTIVITIES
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation [Abstract]
Commitment fee percentage
Debt Instrument, Commitment Fee Percentage
Debt Instrument, Commitment Fee Percentage
Equity Awards Adjustments, Excluding Value Reported in Compensation Table
Equity Awards Adjustments, Excluding Value Reported in the Compensation Table [Member]
Revenue Benchmark
Revenue Benchmark [Member]
Percentage of preferred stock redeemed
Preferred Stock Redeemed Percentage
The percentage rate used to calculate preferred stock redeemed percentage.
Loan Restructuring Modification [Axis]
Loan Restructuring Modification [Axis]
Loans held for investment
Loans Held For Investment [Member]
Represents the information pertaining to Loans for held for sale investment.
Allowance for credit losses on unfunded commitments
Unfunded Commitments For Allowances Of Credit Losses
The amount of CECL allowance for unfunded commitments.
2027
Estimated Amortization of Deferred Financing Costs in Year One
The amount of estimated amortization of deferred financing costs in next fiscal year following current fiscal year.
Mortgage payable
Mortgage payable
Mortgage Payable
Represents the amount of mortgage payable.
The Company
Organization, Consolidation and Presentation of Financial Statements Disclosure [Text Block]
IRG Global
IRG Global [Member]
IRG Global
Uncertain tax positions
Unrecognized Tax Benefits
Gross proceeds
Proceeds from Issuance of Preferred Stock and Preference Stock
All Adjustments to Compensation
All Adjustments to Compensation [Member]
Aggregate outstanding balance
Debt Instrument, Debt Default, Amount
Amendment Flag
Amendment Flag
Compensation provided
Salary and Wage, Excluding Cost of Good and Service Sold
Total
Collateral Pledged [Member]
Schedule of the company's loan portfolio by the past due status
Financing Receivable, Past Due [Table Text Block]
% of Portfolio
Financing Receivable, Percentage of Portfolio
It represents the percentage of portfolio in financing receivable.
Proceeds from sale of real estate owned
Proceeds from Sale, Real Estate, Held-for-Investment
Investment in LLCs
Deferred Tax Assets, Investments
Other Commitments [Table]
Other Commitments [Table]
Termination Date
Trading Arrangement Termination Date
NET CASH PROVIDED BY FINANCING ACTIVITIES
Cash Provided by (Used in) Financing Activity, Including Discontinued Operation
Insider Trading Policies and Procedures Adopted
Insider Trading Policies and Procedures Adopted [Flag]
Measure:
Measure [Axis]
September 2027 Notes
Unsecured Unsubordinated Notes Due September 30 2027 [Member]
Represents the information pertaining to unsecured unsubordinated notes issued, due in September 30, 2027.
Allowance for credit losses
Valuation allowance
Beginning balance
Ending balance
Financing Receivable, Allowance for Credit Loss, Excluding Accrued Interest
Cumulative Dividends Paid
Cumulative Dividends Paid [Member]
Represents the information pertaining to Cumulative Dividends Paid.
601-650
FICO Score, 601 to 650 [Member]
From 601 to 650 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Long-Lived Tangible Asset [Domain]
Long-Lived Tangible Asset [Domain]
Schedule of company's assets at fair value
Fair Value, Assets Measured on Recurring Basis [Table Text Block]
Basic weighted average common shares outstanding (in shares)
Weighted Average Number of Shares Outstanding, Basic
Original issue discount
Debt Instrument, Original Issue Discount
Debt Instrument, Original Issue Discount
Subsequent Events [Abstract]
Subsequent Events [Abstract]
Real Estate Investments, Net [Abstract]
Real Estate Investments, Net [Abstract]
Pay vs Performance Disclosure, Table
Pay vs Performance [Table Text Block]
Debt Disclosure [Abstract]
Debt Disclosure [Abstract]
Forgone Recovery due to Violation of Home Country Law, Amount
Forgone Recovery due to Violation of Home Country Law, Amount
Unfunded partnership commitments
Unfunded Partnership Commitments
The amount of unfunded partnership commitments.
Amortization of deferred financing costs
Amortization of Debt Issuance Costs
Entity Tax Identification Number
Entity Tax Identification Number
Scenario [Domain]
Scenario [Domain]
Proceeds from investments in limited liability companies
Proceeds from Sale of Equity Method Investments
2023/2022
Financing Receivable, Excluding Accrued Interest, Year Four, Originated, Three Years before Current Fiscal Year, Writeoff
Under 500
FICO Score, Under 500 [Member]
Under 500 credit score as defined by the external credit rating agency, Fair Isaac Corporation (FICO).
Forgone Recovery due to Expense of Enforcement, Amount
Forgone Recovery due to Expense of Enforcement, Amount
Stock-Based Compensation and Employee Benefits
Share-Based Compensation Arrangement by Share-Based Payment Award [Line Items]
Deferred financing costs, year two
Deferred Financing Costs, Year Two
Deferred Financing Costs, Year Two
Consolidated Entities [Axis]
Consolidated Entities [Axis]
Common stock, par value (in dollars per share)
Common Stock, Par or Stated Value Per Share
Common stock, shares issued (in shares)
Common Stock, Shares, Issued
Contribution agreement, expected debt value
Contribution Agreement, Expected Debt Value
Contribution Agreement, Expected Debt Value
March 2027 Notes
Unsecured Unsubordinated Notes Due March 2027 [Member]
Represent of Unsecured unsubordinated notes due march2027.
Geographic Distribution [Axis]
Geographic Distribution [Axis]
Direct reserves
Financial Receivable, Direct Reserve Outstanding
Amount principal outstanding of direct reserve on loan portfolio.
Loss on equity securities
Equity Securities, FV-NI, Realized Gain (Loss)
Impairment of real estate
Impairment of Real Estate
Trading Arrangement:
Trading Arrangement [Axis]
Contribution agreement, lock-up period
Contribution Agreement, Lock-Up Period Following the Closing of Agreement
Contribution Agreement, Lock-Up Period Following the Closing of Agreement
Total Shareholder Return Amount
Total Shareholder Return Amount
Deferred financing costs, year one
Deferred Financing Costs, Year One
Deferred Financing Costs, Year One
Subsequent Events
Subsequent Events [Text Block]
Insider Trading Arrangements [Line Items]
Prior
Financing Receivable, Excluding Accrued Interest, Originated, More than Five Years before Current Fiscal Year
Security Exchange Name
Security Exchange Name
Current
Financial Asset, Not Past Due [Member]
2026 (nine months remaining)
Long-Term Debt, Maturity, Remainder of Fiscal Year
Adjusted EBITDA coverage ratio
Adjusted EBITDA Coverage Ratio
It represents the amount of adjusted EBITDA coverage ratio.
Interest income from limited liability company investments
Interest Income From Limited Liability Company Investments
Interest Income From Limited Liability Company Investments
Total liabilities
Liabilities
Liabilities
Mortgages receivable, net
SEC Schedule, 12-29, Real Estate Companies, Investment in Mortgage Loans on Real Estate [Line Items]
Maximum borrowing capacity
Line of Credit Facility, Maximum Borrowing Capacity
% of Total Carrying Value of Loans held for investment, net
Financing Receivable, Excluding Accrued Interest, Modified in Period, to Total Financing Receivables, Percentage
Preferred stock dividends
Dividends paid on Series A Preferred Stock
Dividends, Preferred Stock
Pension Adjustments Prior Service Cost
Pension Adjustments Prior Service Cost [Member]
Material Terms of Trading Arrangement
Material Terms of Trading Arrangement [Text Block]
Interest rate
Line of Credit Facility, Interest Rate During Period
Financial Instrument Performance Status [Domain]
Financial Instrument Performance Status [Domain]
Percent of discount from liquidation preference (in percent)
Preferred Stock, Discount Rate, Percentage on Liquidation Preference
The percentage rate used to calculate discount on preferred stock.
Total Shem LLC Investments
Shem LLC [Member]
Represents information pertaining to Shem LLC.
Statement [Line Items]
Statement [Line Items]
Percentage of asset coverage ratio
Percentage Of Asset Coverage Ratio
The percentage of asset coverage ratio.
Rule 10b5-1 Arrangement Adopted
Rule 10b5-1 Arrangement Adopted [Flag]
Cash and cash equivalents
Cash and Cash Equivalent
Counterparty Name [Axis]
Counterparty Name [Axis]
Subsequent Event [Line Items]
Subsequent Event [Line Items]
Deferred Tax Liabilities:
Components of Deferred Tax Liabilities [Abstract]
Common shares, par value $0.001 per share
Common Shares
Common Stock [Member]
Entity Incorporation, State or Country Code
Entity Incorporation, State or Country Code
Non-NEOs
Non-NEOs [Member]
Percentage reduced from prime rate for calculating annual interest rate
Percentage Reduced from Prime Rate for Calculating Annual Interest Rate
The percentage reduced from prime rate for calculating annual interest rate.
Accumulated Depreciation
Real Estate Investment Property, Accumulated Depreciation
Equity
Subsidiary, Sale of Stock [Line Items]
NET INCREASE IN CASH AND CASH EQUIVALENTS
Cash, Cash Equivalent, Restricted Cash, and Restricted Cash Equivalent, Period Increase (Decrease), Including Exchange Rate Effect and Discontinued Operation