XML 77 R27.htm IDEA: XBRL DOCUMENT
v3.19.3

Investment in Hotel Properties, Net (Tables) | 9 Months Ended
--- | ---
Sep. 30, 2019
Real Estate [Abstract] |
Schedule of Investment in Hotel Properties, Net | Investment in hotel properties, net as of September 30, 2019 and December 31, 2018 consisted of the following:
|  | September 30, 2019 |  |  | December 31, 2018 |
|  | (unaudited) |  |  |  |  |
Land and land improvements |  | $ | 66,055,121 |  |  | $ | 64,409,730 |
Buildings and improvements |  |  | 437,705,155 |  |  |  | 424,657,327 |
Right of use assets |  |  | 6,576,971 |  |  |  | — |
Furniture, fixtures and equipment |  |  | 56,809,756 |  |  |  | 57,830,987 |
|  |  | 567,147,003 |  |  |  | 546,898,044 |
Less: accumulated depreciation and impairment |  |  | (120,307,423 | ) |  |  | (111,172,230 | )
Investment in Hotel Properties, Net |  | $ | 446,839,580 |  |  | $ | 435,725,814 |

X
- References No definition available. + Details
Name: | us-gaap_RealEstateAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of real estate properties and units in those properties that are included in the discussion of the nature of an entity's operations. + References No definition available. + Details
Name: | us-gaap_ScheduleOfRealEstatePropertiesTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration