XML 138 R49.htm IDEA: XBRL DOCUMENT v3.7.0.1
Related Party Transactions - Additional Information (Detail) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Feb. 01, 2016
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Dec. 31, 2015
Dec. 31, 2016
Related Party Transaction [Line Items]              
Accounts receivable-affiliate   $ 563,905   $ 563,905     $ 4,175
ESOP [Member]              
Related Party Transaction [Line Items]              
Loan receivable outstanding   $ 4,700,000   $ 4,700,000      
Chesapeake Hospitality [Member]              
Related Party Transaction [Line Items]              
Company's outstanding common stock owned by members of Chesapeake Hospitality   12.00%   12.00%      
Operating Partnership units owned by members of Chesapeake Hospitality   870,271   870,271      
Company's common stock shares owned by members of Chesapeake Hospitality   1,740,691   1,740,691      
Accounts receivable-affiliate   $ 483,905   $ 483,905     0
Initial terms of master management agreements       5 years      
Expiry date of master management agreement       between January 1, 2020 and January 30, 2022, and may be extended for up to two additional periods of five years each subject to the approval of both parties.      
Period subject to certain terms and conditions       5 years      
Agreement term       5 years      
Incentive management fee equal to increase in gross operating profit percentage   10.00%   10.00%      
Maximum incentive management fee of gross revenues   0.25%   0.25%      
Base management and administrative fees earned by related party   $ 1,089,464 $ 1,050,008 $ 2,062,532 $ 1,982,394    
Incentive management fees earned by related party   1,824 33,305 28,117 47,002    
Employee medical benefits paid   $ 1,345,837 1,219,458 2,673,778 2,545,612    
Chesapeake Hospitality [Member] | Crowne Plaza Hampton Marina [Member]              
Related Party Transaction [Line Items]              
Termination fee       $ 0      
Chesapeake Hospitality [Member] | Fiscal Year 2017 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.65%   2.65%      
Chesapeake Hospitality [Member] | Fiscal Year 2017 and Thereafter [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Individual Hotel Management Agreements [Member]              
Related Party Transaction [Line Items]              
Management fee of gross revenues for first full fiscal year   2.00%   2.00%      
Management fee of gross revenues for second full fiscal year   2.25%   2.25%      
Management fee of gross revenues for every year thereafter   2.50%   2.50%      
Chesapeake Hospitality [Member] | Crowne Plaza Hollywood Beach Resort [Member] | July 2015 through July 2016 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.00%   2.00%      
Chesapeake Hospitality [Member] | Crowne Plaza Hollywood Beach Resort [Member] | July 2016 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.25%   2.25%      
Chesapeake Hospitality [Member] | Crowne Plaza Hollywood Beach Resort [Member] | July 2017 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Crowne Plaza Hollywood Beach Resort [Member] | July 2017 and Thereafter [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Whitehall and Georgian Terrace Hotel [Member] | Fiscal Year 2015 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.00%   2.00%      
Chesapeake Hospitality [Member] | Whitehall and Georgian Terrace Hotel [Member] | Fiscal Year 2016 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.25%   2.25%      
Chesapeake Hospitality [Member] | Whitehall and Georgian Terrace Hotel [Member] | Fiscal Year 2017 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Whitehall and Georgian Terrace Hotel [Member] | Fiscal Year 2017 and Thereafter [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Hyde Resort & Residences [Member] | January 2017 through January 2018 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.00%   2.00%      
Chesapeake Hospitality [Member] | Hyde Resort & Residences [Member] | January 2018 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.25%   2.25%      
Chesapeake Hospitality [Member] | Hyde Resort & Residences [Member] | January 2019 [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Chesapeake Hospitality [Member] | Hyde Resort & Residences [Member] | January 2019 and Thereafter [Member]              
Related Party Transaction [Line Items]              
Percentage of management fee due   2.50%   2.50%      
Sotherly Foundation [Member]              
Related Party Transaction [Line Items]              
Amount loaned to related party           $ 180,000  
Loan receivable outstanding   $ 80,000   $ 80,000     $ 80,000
Immediate​ Family ​Members of Chief Executive Officer [Member]              
Related Party Transaction [Line Items]              
Total compensation for related parties   88,334 81,110 179,642 164,848    
Director [Member]              
Related Party Transaction [Line Items]              
Conversion of units in Operating Partnership to shares of common stock, shares 322,687            
Previous Director [Member]              
Related Party Transaction [Line Items]              
Conversion of units in Operating Partnership to shares of common stock, shares 100,000            
Partnership controlled by Chief Executive Officer [Member]              
Related Party Transaction [Line Items]              
Business-related air travel expense reimbursed to partnership   $ 57,148 $ 40,966 $ 106,006 $ 69,768