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Debt - Schedule of Mortgage Debt Obligations on Hotels (Detail) - USD ($)
9 Months Ended
Jul. 07, 2015
Sep. 30, 2015
Jul. 31, 2015
Dec. 31, 2014
Debt Instrument [Line Items]        
Mortgage loans $ 18,500,000 $ 268,847,360 $ 57,000,000 $ 205,291,657
Unamortized premium on loan   246,815    
Total Mortgage Loans   269,094,175   205,291,657
Maturity Date Jul. 07, 2019      
Excess Interest rate over LIBOR on mortgage debt 3.50%      
Crowne Plaza Hampton Marina [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 3,761,585   4,509,500
Prepayment Penalties   None    
Maturity Date   Jun. 30, 2016    
Amortization Provisions   $ 83,000    
Excess Interest rate over LIBOR on mortgage debt   5.00%    
Crowne Plaza Hollywood Beach Resort [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 60,000,000    
Prepayment Penalties   None    
Maturity Date   Oct. 01, 2025    
Amortization schedule for level payments of principal and interest   30 years    
Interest rate applicable to the mortgage loan   4.91%    
Crowne Plaza Houston Downtown [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 20,585,912   20,954,867
Prepayment Penalties   Yes    
Maturity Date   Apr. 12, 2016    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   4.50%    
Crowne Plaza Tampa Westshore [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 13,093,566   13,317,684
Prepayment Penalties   None    
Maturity Date   Jun. 18, 2017    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   5.60%    
Double Tree by Hilton Jacksonville Riverfront [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 17,920,603   16,358,706
Prepayment Penalties   Yes    
Maturity Date   Jul. 07, 2019    
Amortization schedule for level payments of principal and interest   25 years    
Excess Interest rate over LIBOR on mortgage debt   3.50%    
Double Tree by Hilton Laurel [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 6,840,862   6,974,458
Prepayment Penalties   Yes    
Maturity Date   Aug. 05, 2021    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   5.25%    
Double Tree By Hilton Philadelphia Airport [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 32,631,238   33,378,102
Prepayment Penalties   None    
Maturity Date   Apr. 01, 2019    
Amortization schedule for level payments of principal and interest   25 years    
Excess Interest rate over LIBOR on mortgage debt   3.00%    
Doubletree By Hilton Raleigh Brownstone - University [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 15,111,479   15,274,284
Maturity Date   Aug. 01, 2018    
Amortization schedule for level payments of principal and interest   30 years    
Interest rate applicable to the mortgage loan   4.78%    
Georgian Terrace [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 46,822,566   41,500,000
Prepayment Penalties   None    
Maturity Date   Jun. 01, 2025    
Amortization schedule for level payments of principal and interest   30 years    
Interest rate applicable to the mortgage loan   4.42%    
Hilton Savannah DeSoto [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 20,702,141   21,050,093
Prepayment Penalties   Yes    
Maturity Date   Sep. 01, 2017    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   6.06%    
Hilton Wilmington Riverside [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 19,969,949   20,389,325
Prepayment Penalties   Yes    
Maturity Date   Apr. 01, 2017    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   6.21%    
Sheraton Louisville Riverside [Member] | Mortgage Loans [Member]        
Debt Instrument [Line Items]        
Mortgage loans   $ 11,407,459   $ 11,584,638
Maturity Date   Jan. 06, 2017    
Amortization schedule for level payments of principal and interest   25 years    
Interest rate applicable to the mortgage loan   6.24%