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Note 6 - Debt (Tables)

9 Months Ended

Sep. 30, 2025

Notes Tables

Schedule of Debt [Table Text Block]

									September 30, 2025
		Interest				Maturity			Property				Balance Outstanding on Loan as of
Collateral		Rate				Date			Carrying Value				September 30, 2025				December 31, 2024
Revolving Credit Facility (1)			5.66	%		September 25, 2029			$	—			$	—			$	110,000
Unsecured Term Loan (2)			5.61	%		September 25, 2029				—				200,000				140,000
Hampton Inn & Suites Houston Medical Center, TX			4.25	%		January 6, 2025				—				—				15,957
Courtyard by Marriott Dallas, TX			7.61	%		September 11, 2028				38,680				24,500				24,500
Hyatt Place Pittsburgh, PA (3)			7.29	%		June 11, 2029				29,089				23,300				23,300
Residence Inn by Marriott Austin, TX			7.42	%		September 6, 2033				34,545				20,850				20,850
TownePlace Suites by Marriott Austin, TX			7.42	%		September 6, 2033				29,172				19,075				19,075
Courtyard by Marriott Summerville, SC			7.33	%		September 11, 2033				17,706				9,000				9,000
Residence Inn by Marriott Summerville, SC			7.33	%		September 11, 2033				16,626				9,500				9,500
SpringHill Suites by Marriott Savannah, GA (4)			6.70	%		June 6, 2034				32,057				22,000				22,000
Hampton Inn & Suites Exeter, NH (4)			6.70	%		June 11, 2034				12,054				15,000				15,000
Total debt before unamortized debt issue costs									$	209,929			$	343,225			$	409,182
Unamortized term loan and mortgage debt issue costs														(4,379	)			(2,332	)
Total debt outstanding													$	338,846			$	406,850

Schedule of Maturities of Long-Term Debt [Table Text Block]

		Amount
2025 (remaining three months)		$	—
2026			—
2027			—
2028			24,590
2029			223,681
Thereafter			94,954
Total debt before unamortized debt issue costs		$	343,225
Unamortized term loan and mortgage debt issue costs			(4,379	)
Total debt outstanding		$	338,846

X

- Definition

Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation.

+ References

No definition available.

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- Definition

Tabular disclosure of maturity and sinking fund requirement for long-term debt.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-SubTopic 10
-Topic 470
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481544/470-10-50-1

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