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Note 15 - Segment Information - Schedule of Segment Information (Details) - USD ($) $ in Thousands | 12 Months Ended
--- | ---
Dec. 31, 2025 | Dec. 31, 2024 | Dec. 31, 2023
Revenues |  | $ 295,075 | $ 317,209 | $ 311,109
Property taxes, ground rent and insurance |  | 21,952 | 23,709 | 23,507
Interest expense, including amortization of deferred fees |  | (25,659) | (30,880) | (27,128)
Depreciation and amortization |  | (59,749) | (60,741) | (58,254)
Other charges |  | (27) | (327) | (2,300)
Impairment loss |  | 0 | (4,256) | (4,266)
Loss on early extinguishment of debt |  | (174) | (17) | (696)
Interest and other income |  | 270 | 1,712 | 1,534
Gain on sale of hotel properties |  | 14,369 | 5,713 | 18
Gain from partial lease termination |  | 0 | 0 | 164
Book income before income taxes |  | 15,313 | 4,035 | 2,488
Occupancy [Member] |  |  |  |
Revenue |  | 269,206 | 290,290 | 284,999
Food and Beverage [Member] |  |  |  |
Revenue |  | 6,894 | 7,737 | 8,124
Hotel, Other [Member] |  |  |  |
Revenue |  | 17,897 | 18,077 | 16,703
Operating Segments [Member] | Hotel Level [Member] |  |  |  |
Revenues | [1] | 293,997 | 316,104 | 309,826
Room |  | 59,752 | 65,311 | 61,794
Food and beverage |  | 5,517 | 6,218 | 6,352
Telephone |  | 1,172 | 1,360 | 1,439
Other hotel operating |  | 4,487 | 4,127 | 3,712
General and administrative |  | 27,010 | 28,826 | 28,884
Franchise and marketing fees |  | 23,620 | 25,355 | 24,897
Advertising and promotions |  | 6,804 | 6,229 | 6,085
Utilities |  | 12,372 | 13,161 | 13,007
Repairs and maintenance |  | 15,272 | 16,516 | 15,837
Management fees paid to related parties |  | 9,895 | 10,733 | 10,557
Insurance |  | 3,272 | 3,340 | 2,822
Property taxes, ground rent and insurance |  | 21,952 | 23,709 | 23,507
Total hotel property level expenses |  | 191,125 | 204,885 | 198,893
Adjusted Hotel EBITDA |  | 102,872 | 111,219 | 110,933
Operating Segments [Member] | Hotel Level [Member] | Occupancy [Member] |  |  |  |
Revenue |  | 269,206 | 290,290 | 284,999
Operating Segments [Member] | Hotel Level [Member] | Food and Beverage [Member] |  |  |  |
Revenue |  | 6,894 | 7,737 | 8,124
Operating Segments [Member] | Hotel Level [Member] | Hotel, Other [Member] |  |  |  |
Revenue |  | 17,897 | 18,077 | 16,703
Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] |  |  |  |
Corporate general and administrative |  | $ (16,589) | $ (18,388) | $ (17,517)
[1] | The difference between total hotel property level revenue and total revenue on the consolidated statements of operations is due to reimbursable costs from related parties of $1.1 million, $1.1 million, and $1.3 million for the years ended December 31, 2025, 2024 and 2023, respectively.

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