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Debt - Schedule of Mortgage Debt Obligations on Hotels (Detail) - USD ($)
9 Months Ended
May 04, 2023
Sep. 30, 2024
Dec. 31, 2023
Debt Instrument [Line Items]      
Mortgage loans   $ 320,441,655 $ 317,354,289
Deferred financing costs, net   (2,405,023) (1,407,979)
Unamortized premium on loan   24,374 42,884
Total Mortgage Loans, Net   318,061,006 315,989,194
Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   87,500,000  
The DeSoto [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 29,493,868 30,248,929
Prepayment Penalties   Yes  
Maturity Date   Jul. 01, 2026  
Mortgage loans maturity term   25 years  
Interest rate applicable to the mortgage loan   4.25%  
The DeSoto [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 5,000,000  
Prepayment Penalties   Yes  
Maturity Date   Jul. 01, 2026  
Mortgage loans maturity term   25 years  
Interest rate applicable to the mortgage loan   7.50%  
DoubleTree by Hilton Jacksonville Riverfront [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 26,172,600 31,749,695
Prepayment Penalties   None  
Maturity Date   Jul. 08, 2029  
Mortgage loans maturity term   25 years  
Interest rate applicable to the mortgage loan   3.00%  
Double Tree by Hilton Laurel [Member]      
Debt Instrument [Line Items]      
Interest rate applicable to the mortgage loan 7.35%    
Double Tree by Hilton Laurel [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 10,000,000 10,000,000
Maturity Date   May 06, 2028  
Interest rate applicable to the mortgage loan   7.35%  
DoubleTree by Hilton Philadelphia Airport [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 35,915,488 38,915,488
Prepayment Penalties   None  
Maturity Date   Apr. 29, 2026  
Interest rate applicable to the mortgage loan   3.50%  
DoubleTree Resort by Hilton Hollywood Beach [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 50,646,678 51,495,662
Maturity Date   Oct. 01, 2025  
Mortgage loans maturity term   30 years  
Interest rate applicable to the mortgage loan   4.913%  
Georgian Terrace [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 38,740,475 39,455,095
Maturity Date   Jun. 01, 2025  
Mortgage loans maturity term   30 years  
Interest rate applicable to the mortgage loan   4.42%  
Hotel Alba Tampa, Tapestry Collection by Hilton [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 35,000,000 24,269,200
Maturity Date   Mar. 06, 2029  
Interest rate applicable to the mortgage loan   8.49%  
Hotel Ballast Wilmington,Tapestry Collection by Hilton [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 30,020,310 30,755,374
Prepayment Penalties   Yes  
Maturity Date   Jan. 01, 2027  
Mortgage loans maturity term   25 years  
Interest rate applicable to the mortgage loan   4.25%  
Hyatt Centric Arlington [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 45,607,309 46,454,972
Prepayment Penalties   Yes  
Maturity Date   Oct. 01, 2028  
Mortgage loans maturity term   30 years  
Interest rate applicable to the mortgage loan   5.25%  
The Whitehall [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 13,844,927 $ 14,009,874
Prepayment Penalties   None  
Maturity Date   Feb. 26, 2028  
Mortgage loans maturity term   25 years  
Interest rate applicable to the mortgage loan   1.25%