v3.26.1
CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
shares in Thousands, $ in Thousands
12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement [Abstract]    
Hotel revenues: $ 30,535 $ 29,697
Expenses:    
Hotel operating expenses 19,733 21,438
Real estate taxes 243 136
General and administrative costs 2,003 1,924
Depreciation and amortization 3,769 3,692
Casualty (gain)/loss, net (530) 453
Total expenses 25,218 27,643
Interest expense (10,291) (11,842)
Earnings from investment in unconsolidated affiliated real estate entity 320 (387)
Interest and other income, net 206 227
Net loss (4,448) (9,948)
Less: net loss attributable to noncontrolling interests 727 1,927
Net loss attributable to Company's common shares $ (3,721) $ (8,021)
Basic and diluted net loss per Company's common share:    
Net loss per Company's common shares, basic (in Dollars per share) $ (0.46) $ (0.97)
Net loss per Company’s common shares, diluted (in Dollars per share) $ (0.46) $ (0.97)
Weighted average number of common shares outstanding, basic (in Shares) 8,176 8,258
Weighted average number of common shares outstanding, diluted (in Shares) 8,176 8,258