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Summary of Significant Accounting Policies (Tables)

6 Months Ended

Jun. 30, 2025

Accounting Policies [Abstract]

Schedule of Cash, Cash Equivalents and Restricted Cash

			As of				As of
			June 30, 2025				June 30, 2024
Cash and cash equivalents			$	10,558,135			$	18,904,793
Restricted cash				15,973,516				18,411,015
Cash, cash equivalents and restricted cash at the end of the period			$	26,531,651			$	37,315,808

Schedule of Recurring Assets and Liabilities Measured at Fair Value

The following table represents our assets and liabilities measured at fair value and the basis for that measurement. Our interest rate cap is the only asset or liability measured at fair value on a recurring basis. There were no non-recurring assets or liabilities for fair value measurements as of June 30, 2025 and December 31, 2024, respectively.

	June 30, 2025						December 31, 2024
	Carrying Amount			Fair Value			Carrying Amount			Fair Value
Financial Assets
Interest-rate cap(1)	$	204,368		$	204,368		$	379,433		$	379,433
Financial Liabilities
Mortgage loans	$	(313,944,830	)	$	(314,308,261	)	$	(316,516,148	)	$	(315,981,358	)

(1)The interest-rate cap agreement allows the Company to receive a variable rate of interest based upon the amount in which 1-month SOFR exceeds 3.0% on a notional amount of $26.0 million on the DoubleTree by Hilton Philadelphia Airport. The interest rate cap terminates on May 1, 2026.

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Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 820
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 2
-Subparagraph (b)
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482106/820-10-50-2

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Tabular disclosure of cash and cash equivalents restricted as to withdrawal or usage.

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Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 944
-SubTopic 210
-Name Accounting Standards Codification
-Section S99
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-Subparagraph (SX 210.7-03(a)(2))
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