v3.26.1
Mortgage Notes Payable (Details)
3 Months Ended 6 Months Ended 31 Months Ended
May 05, 2026
Jul. 10, 2025
Jun. 06, 2024
item
Apr. 25, 2024
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Dec. 31, 2025
USD ($)
Mortgage Notes Payable                    
Mortgage notes payable, net         $ 66,596,987   $ 66,596,987   $ 66,596,987 $ 66,689,086
Interest expense on mortgage notes payable         1,015,328 $ 950,944 2,051,855 $ 1,908,858    
Deferred finance costs and debt discounts         64,364   128,728 105,861    
Interest expense relating to the amortization of deferred financing costs           $ 76,321   127,913    
Fair value of debt premium               $ 22,052    
Mortgage payable                    
Mortgage Notes Payable                    
Deferred finance costs and debt discounts             1,066,089      
Mortgage payable secured by the St. Pete Hotel (the "St. Petersburg Note")                    
Mortgage Notes Payable                    
Mortgage notes payable, net         12,777,267   12,777,267   12,777,267  
Debt Instrument, Basis Spread on Variable Rate       2.50%            
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]       us-gaap:SecuredOvernightFinancingRateSofrMember            
Period of monthly interest payments       2 years            
Amortization schedule       25 years            
Mortgage note due date       Apr. 25, 2029            
Mortgage payable secured by the Springhill Suites Wilmington (the "Wilmington Note")                    
Mortgage Notes Payable                    
Mortgage notes payable, net         10,813,833   10,813,833   10,813,833  
Debt Instrument, Basis Spread on Variable Rate       2.50%            
Debt Instrument, Variable Interest Rate, Type [Extensible Enumeration]       us-gaap:SecuredOvernightFinancingRateSofrMember            
Period of monthly interest payments       2 years            
Amortization schedule       25 years            
Mortgage note due date       Apr. 25, 2029            
Mortgage payable secured by the Hotel Indigo Traverse City (the "TCI Note")                    
Mortgage Notes Payable                    
Mortgage notes payable, net         15,600,000   15,600,000   15,600,000  
Debt Instrument, Basis Spread on Variable Rate     2.50%              
Period of monthly interest payments 3 years                  
Amortization schedule     30 years              
Mortgage note due date Jun. 06, 2027                  
Interest rate 6.50%   7.025%              
Number of automatic term extensions | item     2              
Extension term     1 year              
Mortgage payable secured by the Hilton Garden Inn Providence (the "HGI Note")                    
Mortgage Notes Payable                    
Mortgage notes payable, net         19,200,000   19,200,000   19,200,000  
Period of monthly interest payments   2 years                
Amortization schedule   25 years                
Interest rate   6.10%                
Debt instrument, term   5 years                
Mortgage payable secured by the Cherry Tree Inn (the "CTI Note")                    
Mortgage Notes Payable                    
Mortgage notes payable, net         $ 8,702,722   $ 8,702,722   $ 8,702,722  
Interest rate         3.91%   3.91%   3.91%  
Monthly principal and interest payments                 $ 52,601