v3.26.1
Related Party Transactions - Acquisition Fee, Asset Management Fee and Disposition Fee (Details) - USD ($)
3 Months Ended
Aug. 02, 2018
Mar. 31, 2026
Mar. 31, 2025
Related Party Transactions      
Reimbursements expenses   $ 50,316  
Acquisition fee   0 $ 0
Disposition fees   0 0
Procaccianti Hotel Advisors, LLC ("PHA")      
Related Party Transactions      
Reimbursements expenses   $ 60,481 49,348
Advisory agreement with PHA and Operating Partnership      
Related Party Transactions      
Term of agreement 1 year    
Advisory agreement with PHA and Operating Partnership | Procaccianti Hotel Advisors, LLC ("PHA")      
Related Party Transactions      
Percentage of total acquisition fee payable to PHA   1.50%  
Non-compounded rate of interest on deferred acquisition fees   6.00%  
Acquisition fees in due to related parties   $ 1,244,139 1,244,139
Accrued interest on outstanding acquisition fees   $ 18,406 18,406
One fourth of percentage of quarterly asset management fee   0.75%  
Accumulated, accrued, and unpaid distributions percentage   7.00%  
Non-compounded rate of interest on deferred asset management fees   6.00%  
Asset management fees   $ 185,889 183,765
Accrued interest on outstanding asset management fees   2,750 2,719
Deferred asset management fees   $ 188,639 $ 186,484
Maximum percentage of sales price of real estate investment as disposition fee   1.50%  
Non-compounded rate of interest on deferred disposition fees   6.00%