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Acquisition of Hotel Properties - Pro Forma Results Prepared for Comparative Purposes (Detail) - USD ($)
3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Business Combinations [Abstract]        
Pro forma revenues $ 35,402,727 $ 35,581,783 $ 115,181,068 $ 112,740,493
Pro forma operating expenses 33,597,191 32,850,638 99,056,441 96,048,017
Pro forma operating income 1,805,536 2,731,145 16,124,627 16,692,476
Pro forma net income (loss) $ (1,936,057) $ (1,378,074) $ 1,487,491 $ 1,735,808
Pro forma earnings (loss) per basic and diluted share $ (0.12) $ (0.08) $ 0.09 $ 0.10
Pro forma earnings (loss) per basic and diluted units $ (0.12) $ (0.08) $ 0.09 $ 0.10
Pro forma basic and diluted common shares 14,247,671 13,788,988 15,319,110 13,746,595
Pro forma basic and diluted units 16,487,524 16,542,413 16,534,316 16,542,413