v3.26.1
Segment Information - Schedule of Reconciliation of Hotel Segment Profit and Loss to Company's Consolidated Totals (Details) - USD ($)
3 Months Ended 12 Months Ended
Dec. 31, 2025
Sep. 30, 2025
Jun. 30, 2025
Mar. 31, 2025
Dec. 31, 2024
Sep. 30, 2024
Jun. 30, 2024
Mar. 31, 2024
Dec. 31, 2025
Dec. 31, 2024
Dec. 31, 2023
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
Net (loss) income $ (8,510,693) $ (5,558,390) $ 1,556,424 $ 4,733,526 $ (1,117,578) $ (3,689,621) $ 4,664,232 $ 1,322,821 $ (7,779,133) $ 1,179,854 $ 3,809,711
Interest expense                 24,799,871 20,882,681 17,588,091
Interest income                 (252,961) (692,756) (802,183)
Income tax expense (benefit)                 50,120 132,491 (304,947)
Depreciation and amortization                 19,658,902 19,380,906 18,788,748
Impairment of investment in hotel properties, net                 1,310,000    
Loss on early extinguishment of debt                 (463,195) (241,878)  
Gain on disposal of assets                   (4,400) (4,700)
PPP loan forgiveness                     275,494
Other income                 (467,599) (489,267) (456,388)
Net gain on involuntary conversion of assets                 (3,985,417) (502,808) (1,371,041)
Corporate general and administrative expenses                 8,786,311 6,788,460 7,078,222
Hotel Segment [Member]                      
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]                      
Net (loss) income                 (7,779,133) 1,179,854 3,809,711
Interest expense                 24,799,871 20,882,681 17,588,091
Interest income                 (252,961) (692,756) (802,183)
Income tax expense (benefit)                 50,120 132,491 (304,947)
Depreciation and amortization                 19,658,902 19,380,906 18,788,748
Impairment of investment in hotel properties, net                 1,310,308    
Realized and unrealized (gain) loss on hedging activities                 (131,803) (104,211) 737,682
Loss on early extinguishment of debt                 463,195 241,878  
Gain on disposal of assets                   (4,400) (4,700)
PPP loan forgiveness                   (0) (275,494)
Other income                 (467,599) (489,267) (456,388)
Net gain on involuntary conversion of assets                 (3,985,417) (502,808) (1,371,041)
Corporate general and administrative expenses                 8,786,311 6,788,460 7,078,222
Earnings Before Interest Tax Depreciation and Amortization, Total                 $ 42,451,794 $ 46,812,828 $ 44,787,701