v3.25.2
Note 6 - Debt (Tables)
6 Months Ended
Jun. 30, 2025
Notes Tables  
Schedule of Debt [Table Text Block]
         

June 30, 2025

         
  

Interest

  

Maturity

  

Property

  

Balance Outstanding on Loan as of

 

Collateral

 

Rate

  

Date

  

Carrying Value

  

June 30, 2025

  

December 31, 2024

 

Revolving Credit Facility (1)

  5.97% 

October 28, 2026

  $  $70,000  $110,000 

Unsecured Term Loan (2)

  5.91% 

October 28, 2025

      140,000   140,000 

Hampton Inn & Suites Houston Medical Center, TX

  4.25% 

January 6, 2025

         15,957 

Courtyard by Marriott Dallas, TX

  7.61% 

September 11, 2028

   38,904   24,500   24,500 

Hyatt Place Pittsburgh, PA (3)

  7.29% 

June 11, 2029

   29,309   23,300   23,300 

Residence Inn by Marriott Austin, TX

  7.42% 

September 6, 2033

   34,313   20,850   20,850 

TownePlace Suites by Marriott Austin, TX

  7.42% 

September 6, 2033

   29,478   19,075   19,075 

Courtyard by Marriott Summerville, SC

  7.33% 

September 11, 2033

   17,873   9,000   9,000 

Residence Inn by Marriott Summerville, SC

  7.33% 

September 11, 2033

   16,708   9,500   9,500 

SpringHill Suites by Marriott Savannah, GA (4)

  6.70% 

June 6, 2034

   32,396   22,000   22,000 

Hampton Inn & Suites Exeter, NH (4)

  6.70% 

June 11, 2034

   12,168   15,000   15,000 

Total debt before unamortized debt issue costs

        $211,149  $353,225  $409,182 

Unamortized term loan and mortgage debt issue costs

             (2,006)  (2,332)

Total debt outstanding

            $351,219  $406,850 
Schedule of Maturities of Long-Term Debt [Table Text Block]
  

Amount

 

2025 (remaining six months)

 $140,000 

2026

  70,000 

2027

   

2028

  24,590 

2029

  23,681 

Thereafter

  94,954 

Total debt before unamortized debt issue costs

 $353,225 

Unamortized term loan and mortgage debt issue costs

  (2,006)

Total debt outstanding

 $351,219