XML 57 R46.htm IDEA: XBRL DOCUMENT
v3.22.2

Shareholders' Equity (Details) |  |  | 1 Months Ended | 3 Months Ended | 6 Months Ended |
--- | --- | --- | --- | --- | --- | ---
Jun. 30, 2021 USD ($) $ / shares shares | Dec. 22, 2020 USD ($) | Dec. 31, 2017 USD ($) | Jun. 30, 2022 USD ($) vote $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | Jun. 30, 2022 USD ($) vote $ / shares shares | Jun. 30, 2021 USD ($) $ / shares shares | Dec. 31, 2021 $ / shares shares
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Common shares, shares authorized (in shares) | shares |  |  |  | 500,000,000 |  | 500,000,000 |  | 500,000,000
Common shares, par value (in dollars per share) | $ / shares |  |  |  | $ 0.01 |  | $ 0.01 |  | $ 0.01
Number of votes per common share | vote |  |  |  | 1 |  | 1 |  |
Common shares, shares outstanding (in shares) | shares |  |  |  | 48,806,107 |  | 48,806,107 |  | 48,768,890
Proceeds from issuance of common shares |  |  |  |  |  | $ 33,000 | $ 24,583,000 |
Preferred shares, shares authorized (in shares) | shares |  |  |  | 100,000,000 |  | 100,000,000 |  | 100,000,000
Preferred shares, par value (in dollars per share) | $ / shares |  |  |  | $ 0.01 |  | $ 0.01 |  | $ 0.01
Preferred shares, shares issued (in shares) | shares |  |  |  | 4,800,000 |  | 4,800,000 |  | 4,800,000
Proceeds from issuance of preferred shares |  |  |  |  |  | $ 0 | 120,000,000 |
Preferred shares, shares outstanding (in shares) | shares |  |  |  | 4,800,000 |  | 4,800,000 |  | 4,800,000
Preferred dividends |  |  |  | $ 1,987,000 | $ 0 | $ 3,975,000 | $ 0 |
Stock redemption, exchange ratio |  |  |  |  |  | 1 |  |
Vested operating partnership units held by current and former employees (in shares) | shares |  |  |  | 1,214,759,000 |  | 1,214,759,000 |  |
ATM Plan |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Stock purchase plan, authorized amount |  |  | $ 100,000,000 |  |  |  |  |
Stock purchase plan, remaining authorized repurchase amount |  |  |  | $ 77,500,000 |  | $ 77,500,000 |  |
DRSP Plan |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Stock purchase plan, authorized amount |  |  | $ 50,000,000 |  |  |  |  |
Stock purchase plan, remaining authorized repurchase amount |  |  |  | $ 47,900,000 |  | $ 47,900,000 |  |
Registration statement filed, amount |  | $ 50,000,000 |  |  |  |  |  |
Shares issued (in shares) | shares |  |  |  | 1,522 |  |  |  |
Stock purchase plan, average price per share (in dollars per share) | $ / shares |  |  |  | $ 12.47 |  |  |  |
Proceeds from issuance of common shares |  |  |  | $ 19,000 |  |  |  |
Series A Preferred Shares |  |  |  |  |  |  |  |
Class of Stock [Line Items] |  |  |  |  |  |  |  |
Preferred shares, par value (in dollars per share) | $ / shares | $ 0.01 |  |  |  | $ 0.01 |  | $ 0.01 |
Preferred shares, shares issued (in shares) | shares | 4,800,000 |  |  |  | 4,800,000 |  | 4,800,000 |
Preferred stock distribution rate | 6.625% |  |  | 6.625% |  | 6.625% |  |
Proceeds from issuance of preferred shares | $ 115,900,000 |  |  |  |  |  |  |
Liquidation preference per share (in dollars per share) | $ / shares | $ 25.00 |  |  |  | $ 25.00 |  | $ 25.00 |
Liquidation preference per share per annum (in dollars per share) | $ / shares | $ 1.65625 |  |  |  | $ 1.65625 |  | $ 1.65625 |
Change of control, redemption option, period following change of control | 120 days |  |  |  | 120 days |  | 120 days |
Share cap (in shares) | shares | 3.701 |  |  |  | 3.701 |  | 3.701 |

X
- Definition Common Stock, Number Of Votes Per Common Share + References No definition available. + Details
Name: | cldt_CommonStockNumberOfVotesPerCommonShare
Namespace Prefix: | cldt_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant

X
- Definition Preferred Stock, Change Of Control, Redemption Option, Period Following Change Of Control + References No definition available. + Details
Name: | cldt_PreferredStockChangeOfControlRedemptionOptionPeriodFollowingChangeOfControl
Namespace Prefix: | cldt_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | instant

X
- Definition Preferred Stock, Convertible, Share Cap + References No definition available. + Details
Name: | cldt_PreferredStockConvertibleShareCap
Namespace Prefix: | cldt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Preferred Stock, Liquidation Preference Per Share, Per Annum + References No definition available. + Details
Name: | cldt_PreferredStockLiquidationPreferencePerSharePerAnnum
Namespace Prefix: | cldt_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Registration Statement Filed, Amount + References No definition available. + Details
Name: | cldt_RegistrationStatementFiledAmount
Namespace Prefix: | cldt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Stock Purchase Plan, Authorized Amount + References No definition available. + Details
Name: | cldt_StockPurchasePlanAuthorizedAmount
Namespace Prefix: | cldt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Stock Purchase Plan, Average Price Per Share + References No definition available. + Details
Name: | cldt_StockPurchasePlanAveragePricePerShare
Namespace Prefix: | cldt_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | duration

X
- Definition Stock Purchase Plan, Remaining Authorized Repurchase Amount + References No definition available. + Details
Name: | cldt_StockPurchasePlanRemainingAuthorizedRepurchaseAmount
Namespace Prefix: | cldt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Stockholders' Equity Note, Stock Redemption, Exchange Ratio + References No definition available. + Details
Name: | cldt_StockholdersEquityNoteStockRedemptionExchangeRatio
Namespace Prefix: | cldt_
Data Type: | xbrli:pureItemType
Balance Type: | na
Period Type: | duration

X
- Definition Vested Operating Partnership Units Held By Current And Former Employees + References No definition available. + Details
Name: | cldt_VestedOperatingPartnershipUnitsHeldByCurrentAndFormerEmployees
Namespace Prefix: | cldt_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_ClassOfStockLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face amount or stated value per share of common stock. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of common shares permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_CommonStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The percentage rate used to calculate dividend payments on preferred stock. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (b) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockDividendRatePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition The amount of preferred stock dividends that is an adjustment to net income apportioned to common stockholders. + References No definition available. + Details
Name: | us-gaap_PreferredStockDividendsIncomeStatementImpact
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 235 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.4-08(d)) -URI https://asc.fasb.org/extlink&oid=120395691&loc=d3e23780-122690 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 3 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21475-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (h) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 4 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21484-112644 + Details
Name: | us-gaap_PreferredStockLiquidationPreference
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockParOrStatedValuePerShare
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:perShareItemType
Balance Type: | na
Period Type: | instant

X
- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesAuthorized
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 13 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126973232&loc=SL123496158-112644 + Details
Name: | us-gaap_PreferredStockSharesIssued
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_PreferredStockSharesOutstanding
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | instant

X
- Definition The cash inflow from the additional capital contribution to the entity. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfCommonStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Proceeds from issuance of capital stock which provides for a specific dividend that is paid to the shareholders before any dividends to common stockholders and which takes precedence over common stockholders in the event of liquidation. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 230 -SubTopic 10 -Section 45 -Paragraph 14 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=126954810&loc=d3e3255-108585 + Details
Name: | us-gaap_ProceedsFromIssuanceOfPreferredStockAndPreferenceStock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of new stock issued during the period. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(29)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section 50 -Paragraph 2 -URI https://asc.fasb.org/extlink&oid=126973232&loc=d3e21463-112644 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI https://asc.fasb.org/extlink&oid=120397183&loc=d3e187085-122770 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(28)) -URI https://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_StockIssuedDuringPeriodSharesNewIssues
Namespace Prefix: | us-gaap_
Data Type: | xbrli:sharesItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=cldt_ATMPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=cldt_DRSPPlanMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_StatementClassOfStockAxis=us-gaap_SeriesAPreferredStockMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |