General form of registration statement for all companies including face-amount certificate companies

Related Party Transactions (Details Narrative)

v3.20.4
Related Party Transactions (Details Narrative) - USD ($)
1 Months Ended 3 Months Ended 9 Months Ended 12 Months Ended
Aug. 03, 2020
Jan. 10, 2020
Mar. 04, 2019
Jul. 16, 2020
Feb. 20, 2020
Aug. 19, 2019
Dec. 31, 2018
Sep. 30, 2018
Jun. 30, 2018
Apr. 30, 2018
Feb. 28, 2018
Aug. 31, 2017
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Jun. 30, 2020
Apr. 30, 2019
Related party agreement description                             The Working Capital Loans will either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1.5 million of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.00 per warrant. The warrants would be identical to the Private Placement Warrants. On March 4, 2019, the Company issued the Convertible Note (as defined in Note 5) to the Sponsor, pursuant to which the Sponsor agreed to provide a Working Capital Loan to the Company of up to $1.5 million. The Company was provided $750,000 and $750,000 in loan proceeds during the year ended December 31, 2019 and the nine months ended September 30, 2020, respectively, for an aggregate amount of $1.5 million, pursuant to the amended Convertible Note.   The Working Capital Loans will either be repaid upon consummation of a Business Combination, without interest, or, at the lender’s discretion, up to $1,500,000 of such Working Capital Loans may be convertible into warrants of the post Business Combination entity at a price of $1.00 per warrant. The warrants would be identical to the Private Placement Warrants. On March 4, 2019, the Company issued a convertible note (“Convertible Note”) to the Sponsor, pursuant to which the Sponsor agreed to provide a Working Capital Loan to the Company of up to $1.5 million. The Company was provided $400,000 and $350,000 in loan proceeds on March 4, 2019 and August 19, 2019, respectively, for an aggregate amount of $750,000, pursuant to the amended Convertible Note (see Note 5).        
Proceeds from Convertible debt                                 $ 880,000        
Convertible debt                         $ 1,500,000   $ 1,500,000            
Cancellation of Promissory Note                                        
Repayment of related party debt                                 $ 460,000      
Landsea Homes [Member]                                          
Promissory note payable [1]             $ 83,796,000           86,713,000   86,713,000   95,010,000 83,796,000      
Due from affiliates             400,000           1,100,000   1,100,000   1,100,000 400,000      
Due to affiliates             900,000           900,000   900,000   900,000 900,000      
Management fees                             400,000 $ 400,000 200,000 1,100,000 $ 800,000    
Real estate net assets                                       $ 28,900,000  
LS Boston Point LLC [Member]                                          
Due to affiliates             $ 2,859                   2,859 2,859 49,245    
Repayment of related party debt                                 46,386 71,218    
Salaries and wages                                   87,138 $ 120,000    
Subsequent Event [Member]                                          
Proceeds from Convertible debt   $ 130,000                                      
Convertible debt   $ 880,000                                      
Promissory Note [Member] | Sponsor Surrender Agreement [Member]                                          
Cancellation of Promissory Note       $ 1,000,000                                  
Sponsor [Member]                                          
Monthly fee for office space, utilities and administrative support                             10,000   10,000        
Related party agreement description                   The Sponsor had agreed to loan the Company an aggregate of up to $300,000                      
Promissory note payable                                         $ 500,000
Related party expenses                         30,000 $ 30,000 90,000 90,000 120,000 60,000      
Working Capital Loan     $ 1,500,000                                    
Proceeds from Convertible debt     $ 400,000     $ 350,000                 750,000   750,000        
Sponsor [Member] | Promissory Note [Member]                                          
Principal amount       $ 3,000,000                                  
Maturity date       Dec. 31, 2020                                  
Proceeds from loan       $ 1,000,000                                  
Board Member [Member]                                          
Related party agreement description             board member will be paid a cash fee of $150,000 per annum in exchange for his service                            
Related party agreement maturiy date             Dec. 31, 2019                            
Related party service fee                         $ 37,500 $ 37,500 $ 75,000 $ 112,500 $ 150,000 $ 150,000      
Prot                                          
Service cost         $ 12,500                                
Prot | Subsequent Event [Member]                                          
Service cost         $ 12,500                                
Prot | Promissory Note [Member]                                          
Service cost $ 75,000                                        
Common Stock Class B | Investor [Member]                                          
Number of shares issued               $ 1,980 $ 1,980                        
Number of shares issued, shares               267,300 267,300                        
Number of shares forfeit agreement with related party               If the anchor investor does not own the number of Public Units equal to 1,336,500 at the time of any stockholder vote with respect to an initial Business Combination or the business day immediately prior to the consummation of the initial Business Combination, the anchor investor will forfeit up to 267,300 founder shares on a pro rata basis. If the anchor investor does not own the number of Public Units equal to 1,336,500 at the time of any stockholder vote with respect to an initial Business Combination or the business day immediately prior to the consummation of the initial Business Combination, the anchor investor will forfeit up to 267,300 founder shares on a pro rata basis.                        
Common Stock Class B | Sponsor [Member]                                          
Number of shares issued                       $ 25,000                  
Number of shares issued, shares                     3,881,250 4,312,500                  
Number of shares forfeited               267,300 267,300   431,250                    
Number of shares forfeit agreement with related party                 506,250 shares were no longer subject to forfeiture                        
[1] Carrying amount approximates fair value due to recent issuances of EB-5 debt having similar characteristics, including interest rate.