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Investment in Hotel Properties, Net (Tables) | 6 Months Ended
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Jun. 30, 2025
Real Estate [Abstract] |
Schedule of Investment in Hotel Properties, Net | Investment in hotel properties, net as of June 30, 2025 and December 31, 2024 consisted of the following:
|  | June 30, 2025 |  |  | December 31, 2024 |
Land and land improvements |  | $ | 61,483,688 |  |  | $ | 61,370,250 |
Buildings and improvements |  |  | 433,967,395 |  |  |  | 428,355,821 |
Right of use assets |  |  | 3,678,133 |  |  |  | 3,727,805 |
Finance lease right of use assets |  |  | 23,068,236 |  |  |  | 23,021,483 |
Furniture, fixtures and equipment |  |  | 56,794,737 |  |  |  | 53,820,118 |
|  |  | 578,992,189 |  |  |  | 570,295,477 |
Less: accumulated depreciation |  |  | (207,242,948 | ) |  |  | (197,918,851 | )
Investment in Hotel Properties, Net |  | $ | 371,749,241 |  |  | $ | 372,376,626 |

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- 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
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