Subsequent Events	6 Months Ended
Jun. 30, 2025
Subsequent Events [Abstract]
Subsequent Events	15. Subsequent Events On July 21, 2025, we authorized payment of a quarterly distribution of $0.50 per share (and unit) of Series B Preferred Stock (and Series B Preferred Units) to holders of the Series B Preferred Stock (and Series B Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025. On July 21, 2025, we authorized payment of a quarterly distribution of $0.4921875 per share (and unit) of Series C Preferred Stock (and Series C Preferred Units) to holders of the Series C Preferred Stock (and Series C Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025. On July 21, 2025, we authorized payment of a quarterly distribution of $0.515625 per share (and unit) of Series D Preferred Stock (and Series D Preferred Units) to holders of the Series D Preferred Stock (and Series D Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025. On July 24, 2025, we entered into an agreement to sell the parking garage associated with The Georgian Terrace for $17.75 million. We intend to use the net cash proceeds to reduce the existing indebtedness on the hotel. Closing of the sale is subject to various conditions including, but not limited to (i) a condition related to the completion of a separate reciprocal easement agreement; (ii) a condition related to governmental approvals; (iii) a condition related to the consent of the existing mortgage lender; (iv) the satisfactory completion of a diligence review of the Parking Garage; (v) the accuracy of representations and warranties through closing; and (vi) conditions related to the termination of Parking Garage agreements and leases.

Subsequent Events

6 Months Ended

Jun. 30, 2025

15. Subsequent Events

On July 21, 2025, we authorized payment of a quarterly distribution of $0.50 per share (and unit) of Series B Preferred Stock (and Series B Preferred Units) to holders of the Series B Preferred Stock (and Series B Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025.

On July 21, 2025, we authorized payment of a quarterly distribution of $0.4921875 per share (and unit) of Series C Preferred Stock (and Series C Preferred Units) to holders of the Series C Preferred Stock (and Series C Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025.

On July 21, 2025, we authorized payment of a quarterly distribution of $0.515625 per share (and unit) of Series D Preferred Stock (and Series D Preferred Units) to holders of the Series D Preferred Stock (and Series D Preferred Units) of record as of October 31, 2025, to be paid on November 20, 2025.

On July 24, 2025, we entered into an agreement to sell the parking garage associated with The Georgian Terrace for $17.75 million. We intend to use the net cash proceeds to reduce the existing indebtedness on the hotel. Closing of the sale is subject to various conditions including, but not limited to (i) a condition related to the completion of a separate reciprocal easement agreement; (ii) a condition related to governmental approvals; (iii) a condition related to the consent of the existing mortgage lender; (iv) the satisfactory completion of a diligence review of the Parking Garage; (v) the accuracy of representations and warranties through closing; and (vi) conditions related to the termination of Parking Garage agreements and leases.