XML 59 R48.htm IDEA: XBRL DOCUMENT v3.25.2
Leases - Additional Information (Detail)
1 Months Ended 3 Months Ended 6 Months Ended 12 Months Ended
Sep. 26, 2019
USD ($)
RenewalPeriod
Mar. 01, 2018
USD ($)
RenewalPeriod
Dec. 31, 2019
USD ($)
ft²
Apr. 30, 2019
May 31, 2014
Jun. 30, 2025
USD ($)
Jun. 30, 2024
USD ($)
Jun. 30, 2025
USD ($)
ft²
Jun. 30, 2024
USD ($)
Dec. 31, 2023
USD ($)
Dec. 31, 2024
USD ($)
Sep. 01, 2024
USD ($)
Lessee, Lease, Description [Line Items]                        
Percentage of appraised value of land           8.00%   8.00%        
Finance lease asset           $ 23,068,236   $ 23,068,236     $ 23,021,483  
Finance lease liability           $ 24,050,974   $ 24,050,974     $ 23,201,751  
Revision of Prior Period, Adjustment [Member]                        
Lessee, Lease, Description [Line Items]                        
Finance lease asset                       $ 22,716,081
Finance lease liability                       $ 22,400,000
Restaurant Space Within the Hotel [Member]                        
Lessee, Lease, Description [Line Items]                        
Additional renewal of agreement           5 years   5 years        
Leased renewal period           10 years   10 years        
Space on Roofs of Hotels for Antennas and Satellite Dishes [Member]                        
Lessee, Lease, Description [Line Items]                        
Additional renewal of agreement           5 years   5 years        
Hotel, Other [Member]                        
Lessee, Lease, Description [Line Items]                        
Lease revenue           $ 300,000 $ 300,000 $ 600,000 $ 700,000      
Minimum [Member] | Restaurant Space Within the Hotel [Member]                        
Lessee, Lease, Description [Line Items]                        
Operating lease, expiring date               Sep. 30, 2027        
Minimum [Member] | Space on Roofs of Hotels for Antennas and Satellite Dishes [Member]                        
Lessee, Lease, Description [Line Items]                        
Leased renewal period           1 year   1 year        
Maximum [Member] | Restaurant Space Within the Hotel [Member]                        
Lessee, Lease, Description [Line Items]                        
Operating lease, expiring date               May 31, 2034        
Maximum [Member] | Space on Roofs of Hotels for Antennas and Satellite Dishes [Member]                        
Lessee, Lease, Description [Line Items]                        
Operating lease, expiring date               Jul. 31, 2024        
Leased renewal period           10 years   10 years        
Management Agreement for Parking Garage and Poolside [Member]                        
Lessee, Lease, Description [Line Items]                        
Annual payment $ 270,100                      
Hyde Beach House [Member] | Management Agreement for Parking Garage and Poolside [Member]                        
Lessee, Lease, Description [Line Items]                        
Lessee, operating lease, option to extend               initial term that expires in 2034 and which may be extended for four additional renewal periods of 5 years each.        
Rental payments, Percentage of increases per year 5.00%                      
Rental payments, Percentage of increases, Term every five years                      
Lessee, operating lease expiration year 2034                      
Lessee, operating lease, existence of option to extend [true false] true                      
Number of additional renewal periods | RenewalPeriod 4                      
Leased renewal period 5 years                      
Hyatt Centric Arlington [Member]                        
Lessee, Lease, Description [Line Items]                        
Rental payments per year in base rent under ground lease   $ 50,000                    
Hyatt Centric Arlington [Member] | Franchise Agreement with Affiliate of Hyatt Hotels Corporation Operating as Hyatt Centric Arlington [Member]                        
Lessee, Lease, Description [Line Items]                        
Annual payment               $ 1,792,000        
Ground lease percentage rent on gross rooms revenues in excess of thresholds   3.50%                    
Initial Term Of Ground Lease Expires Date   Jul. 01, 2025                    
Number of additional renewal periods extended under ground lease | RenewalPeriod   5                    
Duration period under ground lease for each rental periods extended   10 years                    
Indirect Expenses [Member] | Hyde Beach House [Member] | Management Agreement for Parking Garage and Poolside [Member]                        
Lessee, Lease, Description [Line Items]                        
Rent expense           $ 80,871 67,750 $ 161,742 135,500      
The DeSoto Hotel Property [Member]                        
Lessee, Lease, Description [Line Items]                        
Area of commercial space leased | ft²               2,086        
Operating lease, expiring date               Oct. 31, 2006        
Duration period under renewal option second               5 years        
Expiration date three under renewal option second               Oct. 31, 2026        
The DeSoto Hotel Property [Member] | Indirect Expenses [Member]                        
Lessee, Lease, Description [Line Items]                        
Rent expense           18,771 20,983 $ 37,543 41,966      
The DeSoto Hotel Property [Member] | Six Year Operating Lease Property [Member]                        
Lessee, Lease, Description [Line Items]                        
Duration of operating lease term               6 years        
The DeSoto Hotel Property [Member] | Ninety Nine Year Operating Lease Property [Member]                        
Lessee, Lease, Description [Line Items]                        
Duration of operating lease term               99 years        
Operating lease, expiring date               Jul. 31, 2086        
Rental income recognized during period               $ 0        
The DeSoto Hotel Property [Member] | Ninety Nine Year Operating Lease Property [Member] | Indirect Expenses [Member]                        
Lessee, Lease, Description [Line Items]                        
Original lump sum rent payment received               $ 990        
Hotel Alba Tampa [Member]                        
Lessee, Lease, Description [Line Items]                        
Lease agreement       5 years       5 years        
Commencement date of agreement       2019-07       2009-07        
Lessee, operating lease, option to extend               In May 2014, we extended the agreement for an additional five years. We signed a new agreement in April 2019, which commenced in July 2019, goes for five years, and can be renewed for an additional five years. The new agreement expires in July 2029,        
Additional renewal of agreement         5 years              
Operating lease, expiring date               2029-07        
Annual payment               $ 2,432        
Lessee, operating lease, existence of option to extend [true false]         true              
Hotel Alba Tampa [Member] | Indirect Expenses [Member]                        
Lessee, Lease, Description [Line Items]                        
Rent expense           629 651 $ 1,259 1,301      
Williamsburg Virginia [Member]                        
Lessee, Lease, Description [Line Items]                        
Area of commercial space leased | ft²     8,500                  
Rent expense     $ 218,875                  
Commencement date of agreement               Jan. 01, 2020        
Lease, agreement term     10 years                  
Lease rent increase each successive period percentage     3.00%                  
Williamsburg Virginia [Member] | General and Administrative [Member]                        
Lessee, Lease, Description [Line Items]                        
Rent expense           $ 42,974 $ 36,566 $ 85,947 $ 73,133      
8,500 Square Feet of Commercial Office Space [Member]                        
Lessee, Lease, Description [Line Items]                        
Rent concession                   $ 257,731