XML 32 R21.htm IDEA: XBRL DOCUMENT
v3.25.2

Indirect Hotel Operating Expenses | 6 Months Ended
--- | ---
Jun. 30, 2025
Other Income and Expenses [Abstract] |
Indirect Hotel Operating Expenses | 11. Indirect Hotel Operating Expenses Indirect hotel operating expenses consists of the following expenses incurred by the hotels:
|  | Three Months Ended |  |  | Three Months Ended |  |  | Six Months Ended |  |  | Six Months Ended |
|  | June 30, 2025 |  |  | June 30, 2024 |  |  | June 30, 2025 |  |  | June 30, 2024 |
|  | (unaudited) |  |  | (unaudited) |  |  | (unaudited) |  |  | (unaudited) |
Sales and marketing |  | $ | 4,296,986 |  |  | $ | 4,339,345 |  |  | $ | 8,552,992 |  |  | $ | 8,376,932 |
General and administrative |  |  | 3,825,067 |  |  |  | 3,821,459 |  |  |  | 7,810,847 |  |  |  | 7,559,619 |
Repairs and maintenance |  |  | 2,101,517 |  |  |  | 2,189,231 |  |  |  | 4,403,756 |  |  |  | 4,518,830 |
Utilities |  |  | 1,687,343 |  |  |  | 1,520,775 |  |  |  | 3,356,624 |  |  |  | 2,998,548 |
Property taxes |  |  | 1,556,979 |  |  |  | 1,419,067 |  |  |  | 3,082,713 |  |  |  | 2,960,768 |
Management fees, including incentive |  |  | 1,173,761 |  |  |  | 1,288,046 |  |  |  | 2,582,930 |  |  |  | 2,609,411 |
Franchise fees |  |  | 1,195,555 |  |  |  | 1,250,575 |  |  |  | 2,313,490 |  |  |  | 2,311,937 |
Insurance |  |  | 1,735,931 |  |  |  | 1,405,670 |  |  |  | 3,193,297 |  |  |  | 3,197,386 |
Information and telecommunications |  |  | 934,362 |  |  |  | 954,506 |  |  |  | 1,913,303 |  |  |  | 1,953,110 |
Other |  |  | 332,640 |  |  |  | 308,166 |  |  |  | 619,074 |  |  |  | 495,195 |
Total indirect hotel operating expenses |  | $ | 18,840,141 |  |  | $ | 18,496,840 |  |  | $ | 37,829,026 |  |  | $ | 36,981,736 |

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

X
- Definition The entire disclosure for other operating income and other operating expense items. + References Reference 1: http://www.xbrl.org/2003/role/disclosureRef -Topic 946 -SubTopic 220 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.6-07(2)(d)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147479134/946-220-S99-1 + Details
Name: | us-gaap_OtherOperatingIncomeAndExpenseTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration