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Note 6 - Debt (Tables)
6 Months Ended
Jun. 30, 2026
Notes Tables  
Schedule of Debt [Table Text Block]
         

June 30, 2026

         
  

Interest

  

Maturity

  

Property

  

Balance Outstanding on Loan as of

 

Collateral

 

Rate

  

Date

  

Carrying Value

  

June 30, 2026

  

December 31, 2025

 

Revolving Credit Facility (1)

  5.13% 

September 25, 2029

  $  $75,000  $ 

Unsecured Term Loan (2)

  5.11% 

September 25, 2029

      200,000   200,000 

Courtyard by Marriott Dallas, TX

  7.61% 

September 11, 2028

   37,879   24,500   24,500 

Hyatt Place Pittsburgh, PA

  7.29% 

June 11, 2029

   29,396   23,300   23,300 

Residence Inn by Marriott Austin, TX

  7.42% 

September 6, 2033

   35,339   20,850   20,850 

TownePlace Suites by Marriott Austin, TX

  7.42% 

September 6, 2033

   28,288   19,075   19,075 

Courtyard by Marriott Summerville, SC

  7.33% 

September 11, 2033

   17,180   9,000   9,000 

Residence Inn by Marriott Summerville, SC

  7.33% 

September 11, 2033

   16,378   9,500   9,500 

SpringHill Suites by Marriott Savannah, GA

  6.70% 

June 6, 2034

   31,214   22,000   22,000 

Hampton Inn & Suites Exeter, NH

  6.70% 

June 11, 2034

   11,667   15,000   15,000 

Total debt before unamortized debt issue costs

        $207,341  $418,225  $343,225 

Unamortized term loan and mortgage debt issue costs

             (3,905)  (4,312)

Total debt outstanding

            $414,320  $338,913 
Schedule of Maturities of Long-Term Debt [Table Text Block]
  

Amount

 

2026 (remaining six months)

 $ 

2027

   

2028

  24,590 

2029

  298,681 

2030

  410 

Thereafter

  94,544 

Total debt before unamortized debt issue costs

 $418,225 

Unamortized term loan and mortgage debt issue costs

  (3,905)

Total debt outstanding

 $414,320