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Summary of Significant Accounting Policies (Details) $ in Thousands | 12 Months Ended
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Dec. 31, 2024 USD ($) | Dec. 31, 2023 USD ($) | Dec. 31, 2022 USD ($)
Summary of Significant Accounting Policies |  |  |
Number of joint ventures | 1 |  |
Amortization of deferred financing costs | $ 6,623 | $ 6,100 | $ 5,967
Partner's ownership interest in the Operating Partnership | 99.50% |  |
Number of subsequent taxable years for which entity will not qualify as REIT upon failure to qualify in any taxable year | 4 years |  |
REIT Distribution Requirement, Percentage of Taxable Income | 90.00% |  |
The Knickerbocker New York |  |  |
Summary of Significant Accounting Policies |  |  |
Noncontrolling ownership interest of third party | 5.00% |  |
Limited Partners |  |  |
Summary of Significant Accounting Policies |  |  |
Partner's ownership interest in the Operating Partnership | 0.50% |  |
Land improvements |  |  |
Summary of Significant Accounting Policies |  |  |
Estimated useful lives | 15 years |  |
Building improvements |  |  |
Summary of Significant Accounting Policies |  |  |
Estimated useful lives | 15 years |  |
Buildings |  |  |
Summary of Significant Accounting Policies |  |  |
Estimated useful lives | 40 years |  |
Furniture, fixtures and equipment | Minimum |  |  |
Summary of Significant Accounting Policies |  |  |
Estimated useful lives | 3 years |  |
Furniture, fixtures and equipment | Maximum |  |  |
Summary of Significant Accounting Policies |  |  |
Estimated useful lives | 5 years |  |
50 Percent Owned |  |  |
Summary of Significant Accounting Policies |  |  |
Equity method investment, ownership percentage | 50.00% |  |

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