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Investment in Hotel Properties, Net - Schedule of Investment in Hotel Properties, Net (Detail) - USD ($)
Mar. 31, 2021
Dec. 31, 2020
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross $ 570,647,379 $ 569,944,891
Less: accumulated depreciation and impairment (146,966,521) (142,120,306)
Investment in Hotel Properties, Net 423,680,858 427,824,585
Land and Land Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 66,088,705 66,088,705
Buildings and Improvements [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 442,662,629 442,063,950
Right of Use Assets [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross 6,044,973 5,995,438
Furniture, Fixtures and Equipment [Member]    
Property, Plant and Equipment [Line Items]    
Investment in Hotel Properties, Gross $ 55,851,072 $ 55,796,797