XML 58 R42.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Debt - Schedule of Mortgage Debt Obligations on Hotels (Detail) - USD ($) |  | 3 Months Ended |
--- | --- | --- | ---
Feb. 26, 2018 | Mar. 31, 2018 | Dec. 31, 2017
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 359,402,460 | $ 299,051,772
Deferred financing costs, net |  | (2,416,404) | (1,923,928)
Unamortized premium on loan |  | 184,803 | 190,972
Total Mortgage Loans, Net |  | 357,170,859 | 297,318,816
Crowne Plaza Tampa Westshore [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 15,214,900 | 15,284,200
Prepayment Penalties |  | None |
Maturity Date |  | Jun. 30, 2019 |
Interest rate applicable to the mortgage loan |  | 3.75% |
The DeSoto [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 34,443,790 | 34,645,929
Prepayment Penalties |  | Yes |
Maturity Date |  | Jul. 01, 2026 |
Amortization Provisions, Term |  | 25 years |
Interest rate applicable to the mortgage loan |  | 4.25% |
Double Tree by Hilton Jacksonville Riverfront [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 35,160,939 | 35,294,741
Prepayment Penalties |  | Yes |
Maturity Date |  | Jul. 11, 2024 |
Amortization Provisions, Term |  | 30 years |
Interest rate applicable to the mortgage loan |  | 4.88% |
Double Tree by Hilton Laurel [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 9,065,885 | 9,132,558
Prepayment Penalties |  | Yes |
Maturity Date |  | Aug. 05, 2021 |
Amortization Provisions, Term |  | 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 |  | $ 30,231,427 | 30,432,260
Prepayment Penalties |  | None |
Maturity Date |  | Apr. 01, 2019 |
Amortization Provisions, Term |  | 25 years |
Interest rate applicable to the mortgage loan |  | 3.00% |
Doubletree By Hilton Raleigh Brownstone - University [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 14,431,982 | 14,503,925
Prepayment Penalties |  | n/a |
Maturity Date |  | Aug. 01, 2018 |
Amortization Provisions, Term |  | 30 years |
Interest rate applicable to the mortgage loan |  | 4.78% |
DoubleTree Resort by Hilton Hollywood Beach [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 57,778,507 | 58,023,567
Prepayment Penalties |  | n/a |
Maturity Date |  | Oct. 01, 2025 |
Amortization Provisions, Term |  | 30 years |
Interest rate applicable to the mortgage loan |  | 4.913% |
Georgian Terrace [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 44,821,844 | 45,032,662
Prepayment Penalties |  | n/a |
Maturity Date |  | Jun. 01, 2025 |
Amortization Provisions, Term |  | 30 years |
Interest rate applicable to the mortgage loan |  | 4.42% |
Hotel Ballast [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 34,839,139 | 30,000,000
Prepayment Penalties |  | Yes |
Maturity Date |  | Jan. 01, 2027 |
Amortization Provisions, Term |  | 25 years |
Interest rate applicable to the mortgage loan |  | 4.25% |
Hyatt Centric Arlington - Note A [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 49,921,350 |
Prepayment Penalties |  | None |
Maturity Date |  | Mar. 01, 2021 |
Interest rate applicable to the mortgage loan |  | 3.00% |
Hyatt Centric Arlington - Note B [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 6,900,000 |
Prepayment Penalties |  | None |
Maturity Date |  | Mar. 01, 2019 |
Interest rate applicable to the mortgage loan |  | 5.00% |
Sheraton Louisville Riverside [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 11,631,167 | 11,701,930
Prepayment Penalties |  | Yes |
Maturity Date |  | Dec. 01, 2026 |
Amortization Provisions, Term |  | 25 years |
Interest rate applicable to the mortgage loan |  | 4.27% |
The Whitehall [Member] | Mortgage Loans [Member] |  |  |
Debt Instrument [Line Items] |  |  |
Mortgage loans |  | $ 14,961,530 | $ 15,000,000
Prepayment Penalties |  | Yes |
Maturity Date |  | Feb. 26, 2023 |
Amortization Provisions, Term | 25 years | 25 years |
Interest rate applicable to the mortgage loan |  | 3.50% |

X
- Definition Prepayment penalties description. + References No definition available. + Details
Name: | soho_PrepaymentPenaltiesDescription
Namespace Prefix: | soho_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Date when the debt instrument is scheduled to be fully repaid, in CCYY-MM-DD format. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(2)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentMaturityDate
Namespace Prefix: | us-gaap_
Data Type: | xbrli:dateItemType
Balance Type: | na
Period Type: | duration

X
- Definition Period of time between issuance and maturity of debt instrument, in PnYnMnDTnHnMnS' format, for example, 'P1Y5M13D' represents the reported fact of one year, five months, and thirteen days. + References No definition available. + Details
Name: | us-gaap_DebtInstrumentTerm
Namespace Prefix: | us-gaap_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Amount, after accumulated amortization, of debt premium. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 1A -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28541-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 55 -Paragraph 8 -URI http://asc.fasb.org/extlink&oid=64930739&loc=d3e28878-108400 + Details
Name: | us-gaap_DebtInstrumentUnamortizedPremium
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Amount, after accumulated amortization, of debt issuance costs. Includes, but is not limited to, legal, accounting, underwriting, printing, and registration costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 835 -SubTopic 30 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=64930785&loc=d3e28555-108399 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.17) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DeferredFinanceCostsNet
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Amount, after unamortized (discount) premium and debt issuance costs, of long-term debt. Includes, but not limited to, notes payable, bonds payable, debentures, mortgage loans and commercial paper. Excludes capital lease obligations. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_LongTermDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The stated interest rate on the mortgage loan receivable or the weighted average interest rate on a group of loans. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 948 -SubTopic 310 -Section S99 -Paragraph 1 -Subparagraph (SX 210.12-29) -URI http://asc.fasb.org/extlink&oid=6589523&loc=d3e617274-123014 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 10 -Section S99 -Paragraph 6 -Subparagraph (SX 210.5-04.(c) Schedule IV) -URI http://asc.fasb.org/extlink&oid=27047687&loc=d3e5864-122674 + Details
Name: | us-gaap_MortgageLoansOnRealEstateInterestRate
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Carrying value as of the balance sheet date, including the current and noncurrent portions, of collateralized debt obligations (with maturities initially due after one year or beyond the operating cycle, if longer). Such obligations include mortgage loans, chattel loans, and any other borrowings secured by assets of the borrower. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(16)) -URI http://asc.fasb.org/extlink&oid=6876686&loc=d3e534808-122878 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(22)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)) -URI http://asc.fasb.org/extlink&oid=6879938&loc=d3e572229-122910 + Details
Name: | us-gaap_SecuredDebt
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_CrownePlazaTampaWestshoreMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_LongtermDebtTypeAxis=us-gaap_MortgagesMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_TheDeSotoMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_DoubleTreeByHiltonJacksonvilleRiverfrontMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_DoubleTreeByHiltonLaurelMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_DoubleTreeByHiltonPhiladelphiaAirportMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_DoubleTreeByHiltonRaleighBrownstoneUniversityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_DoubleTreeResortByHiltonHollywoodBeachMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_GeorgianTerraceMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_HotelBallastMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_HyattCentricArlingtonNoteAMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_HyattCentricArlingtonNoteBMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_SheratonLouisvilleRiversideMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_MortgageLoansOnRealEstateDescriptionTypeOfPropertyAxis=soho_TheWhitehallMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |