XML 41 R31.htm IDEA: XBRL DOCUMENT
v3.25.1

Note 11 - Equity Incentive Plan (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2025
Notes Tables |
Nonvested Restricted Stock Shares Activity [Table Text Block] |
|  | For the three months ended |  |  | For the year ended |
|  | March 31, 2025 |  |  | December 31, 2024 |
|  |  |  |  |  | Weighted- |  |  |  |  |  |  | Weighted- |
|  | Number |  |  | Average Grant |  |  | Number |  |  | Average Grant |
|  | of Shares |  |  | Date Fair Value |  |  | of Shares |  |  | Date Fair Value |
Non-vested at beginning of the period |  |  | 4,581 |  |  | $ | 10.91 |  |  |  | 5,789 |  |  | $ | 11.78 |
Granted |  |  | 8,044 |  |  |  | 8.08 |  |  |  | 2,943 |  |  |  | 10.20 |
Vested |  |  | (1,800 | ) |  |  | 11.11 |  |  |  | (4,151 | ) |  |  | 11.62 |
Non-vested at end of the period |  |  | 10,825 |  |  | $ | 8.78 |  |  |  | 4,581 |  |  | $ | 10.91 |
Schedule of Nonvested Performance-Based Units Activity [Table Text Block] |
|  | For the three months ended |  |  | For the year ended |
|  | March 31, 2025 |  |  | December 31, 2024 |
|  |  |  |  |  | Weighted- |  |  |  |  |  |  | Weighted- |
|  | Number |  |  | Average Grant |  |  | Number |  |  | Average Grant |
|  | of Units |  |  | Date Fair Value |  |  | of Units |  |  | Date Fair Value |
Non-vested at beginning of the period |  |  | 1,139,564 |  |  | $ | 13.88 |  |  |  | 999,955 |  |  | $ | 15.37 |
Granted |  |  | 634,293 |  |  |  | 8.60 |  |  |  | 512,264 |  |  |  | 11.18 |
Vested |  |  | (315,563 | ) |  |  | 14.31 |  |  |  | (322,025 | ) |  |  | 14.03 |
Forfeited |  |  | (80,731 | ) |  |  | 18.58 |  |  |  | (50,630 | ) |  |  | 15.02 |
Non-vested at end of the period |  |  | 1,377,563 |  |  | $ | 11.08 |  |  |  | 1,139,564 |  |  | $ | 13.88 |
Schedule of Share-Based Payment Award, Valuation Assumptions [Table Text Block] |
|  |  | Number of |  |  | Estimated Value |  |  |  |  |  |  | Dividend |  |  | Risk Free |
| Grant Date |  | Units Granted |  |  | Per Unit |  |  | Volatility |  |  | Yield |  |  | Interest Rate |
2021 Time-Based LTIP Unit Awards | 3/1/2021 |  |  | 132,381 |  |  | $ | 12.52 |  |  |  | 78 | % |  |  | — | % |  |  | 0.08 | %
2021 Performance-Based LTIP Unit Awards (1) | 3/1/2021 |  |  | 198,564 |  |  | $ | 15.91 |  |  |  | 64 | % |  |  | 3.4 | % |  |  | 0.30 | %
2022 Time-Based LTIP Unit Awards | 3/1/2022 |  |  | 152,004 |  |  | $ | 12.33 |  |  |  | 80 | % |  |  | — | % |  |  | 1.01 | %
2022 Performance-Based LTIP Unit Awards (2) | 3/1/2022 |  |  | 228,000 |  |  | $ | 18.58 |  |  |  | 66 | % |  |  | 3.5 | % |  |  | 1.44 | %
2023 Time-Based LTIP Unit Awards | 3/1/2023 |  |  | 171,171 |  |  | $ | 11.11 |  |  |  | 37 | % |  |  | — | % |  |  | 5.11 | %
2023 Performance-Based LTIP Unit Awards | 3/1/2023 |  |  | 256,757 |  |  | $ | 16.64 |  |  |  | 69 | % |  |  | 3.5 | % |  |  | 4.61 | %
2024 Time-Based LTIP Unit Awards | 3/1/2024 |  |  | 204,909 |  |  | $ | 9.33 |  |  |  | 35 | % |  |  | — | % |  |  | 4.92 | %
2024 Performance-Based LTIP Unit Awards | 3/1/2024 |  |  | 307,355 |  |  | $ | 12.42 |  |  |  | 35 | % |  |  | 2.6 | % |  |  | 4.32 | %
2025 Time-Based LTIP Unit Awards | 3/1/2025 |  |  | 253,722 |  |  | $ | 7.44 |  |  |  | 29 | % |  |  | — | % |  |  | 4.14 | %
2025 Performance-Based LTIP Unit Awards | 3/1/2025 |  |  | 380,571 |  |  | $ | 9.37 |  |  |  | 33 | % |  |  | 3.0 | % |  |  | 4.04 | %
The 2024 Performance-based, Long-term Incentive Plan Units [Member] |
Notes Tables |
Schedule of Share-Based Payment Award, Payouts at Performance Levels [Table Text Block] |
| Relative TSR Hurdles (Percentile) |  | Payout Percentage |
Threshold | 25th |  | 50% |
Target | 55th |  | 100% |
Maximum | 80th |  | 200% |

X
- Definition Tabular disclosure of payouts at performance levels. + References No definition available. + Details
Name: | cldt_ScheduleOfSharebasedPaymentAwardPayoutsAtPerformanceLevelsTableTextBlock
Namespace Prefix: | cldt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the significant assumptions used during the year to estimate the fair value of share-based awards, including, but not limited to: (a) expected term, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. + References No definition available. + Details
Name: | cldt_ScheduleOfSharebasedPaymentAwardValuationAssumptionsTableTextBlock
Namespace Prefix: | cldt_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_NonvestedRestrictedStockSharesActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the changes in outstanding nonvested performance-based units. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 718 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (c)(2) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480429/718-10-50-2 + Details
Name: | us-gaap_ScheduleOfNonvestedPerformanceBasedUnitsActivityTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_TableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Details
Name: | us-gaap_AwardTypeAxis=cldt_The2024PerformancebasedLongtermIncentivePlanUnitsMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |