v3.26.1
Related Party Transactions - Acquisition Fee, Asset Management Fee and Disposition Fee (Details) - USD ($)
3 Months Ended 6 Months Ended
Aug. 02, 2018
Jun. 30, 2026
Jun. 30, 2025
Jun. 30, 2026
Jun. 30, 2025
Related Party Transactions          
Reimbursements expenses       $ 49,427  
Acquisition fee   $ 0 $ 0    
Disposition fees   0 0    
Procaccianti Hotel Advisors, LLC ("PHA")          
Related Party Transactions          
Reimbursements expenses   49,993 48,647 $ 110,474 $ 97,995
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%  
Acquisition fees in due to related parties       $ 1,244,139 1,244,139
Accrued interest on outstanding acquisition fees   18,611 18,611 $ 37,017 37,017
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   186,579 184,454 $ 372,468 368,219
Accrued interest on outstanding asset management fees   2,791 2,759 5,541 5,478
Deferred asset management fees   $ 189,370 $ 187,213 $ 189,370 $ 187,213
Maximum percentage of sales price of real estate investment as disposition fee       1.50%