CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTEREST - USD ($) |
Class K Common Stock
Common Stock
|
Class K Common Stock |
Class K-I Common Stock
Common Stock
|
Class K-I Common Stock |
Class K-T Common Stock
Common Stock
|
Class K-T Common Stock |
Class A Common Stock
Common Stock
|
Class A Common Stock |
Class B Common Stock
Common Stock
|
Class B Common Stock |
Additional Paid-in Capital |
Cumulative Income (Loss) |
Cumulative Distributions |
Total Procaccianti Hotel REIT, Inc. Stockholders' Equity |
Noncontrolling Interest |
Total |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
BALANCE at Dec. 31, 2022 | $ 39,325 | $ 13,455 | $ 293 | $ 5,814 | $ 1,250 | $ 47,700,045 | $ 892,306 | $ (11,238,663) | $ 37,413,825 | $ 5,546,503 | $ 42,960,328 | |||||
BALANCE (in shares) at Dec. 31, 2022 | 3,932,526 | 1,345,518 | 29,306 | 581,410 | 125,000 | |||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Conversion of common stock | $ 159 | $ (159) | ||||||||||||||
Conversion of common stock (in shares) | 15,899 | (15,899) | ||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | $ 119 | $ 84 | $ 2 | 200,319 | 200,524 | 200,524 | ||||||||||
Issuance of common stock pursuant to distribution reinvestment plan (in shares) | 11,896 | 8,419 | 187 | |||||||||||||
Stockholder servicing fees | (447) | (447) | (447) | |||||||||||||
Repurchase of common stock | $ (209) | (211,308) | (211,517) | (211,517) | ||||||||||||
Repurchase of common stock (in shares) | (20,900) | |||||||||||||||
Net income (loss) | (1,031,938) | (1,031,938) | 248,515 | (783,423) | ||||||||||||
Distributions paid | (958,261) | (958,261) | (232,750) | (1,191,011) | ||||||||||||
BALANCE at Mar. 31, 2023 | $ 39,394 | $ 13,539 | $ 136 | $ 5,814 | $ 1,250 | 47,688,609 | (139,632) | (12,196,924) | 35,412,186 | 5,562,268 | 40,974,454 | |||||
BALANCE (in shares) at Mar. 31, 2023 | 3,939,421 | 1,353,937 | 13,594 | 581,410 | 125,000 | |||||||||||
BALANCE at Dec. 31, 2022 | $ 39,325 | $ 13,455 | $ 293 | $ 5,814 | $ 1,250 | 47,700,045 | 892,306 | (11,238,663) | 37,413,825 | 5,546,503 | 42,960,328 | |||||
BALANCE (in shares) at Dec. 31, 2022 | 3,932,526 | 1,345,518 | 29,306 | 581,410 | 125,000 | |||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | 397,571 | |||||||||||||||
BALANCE at Jun. 30, 2023 | $ 39,079 | $ 13,537 | $ 138 | $ 5,814 | $ 1,250 | 47,357,024 | 444,048 | (13,133,941) | 34,726,949 | 5,440,741 | 40,167,690 | |||||
BALANCE (in shares) at Jun. 30, 2023 | 3,907,864 | 1,353,702 | 13,781 | 581,410 | 125,000 | |||||||||||
BALANCE at Mar. 31, 2023 | $ 39,394 | $ 13,539 | $ 136 | $ 5,814 | $ 1,250 | 47,688,609 | (139,632) | (12,196,924) | 35,412,186 | 5,562,268 | 40,974,454 | |||||
BALANCE (in shares) at Mar. 31, 2023 | 3,939,421 | 1,353,937 | 13,594 | 581,410 | 125,000 | |||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | $ 116 | $ 84 | $ 2 | 196,845 | 197,047 | 197,047 | ||||||||||
Issuance of common stock pursuant to distribution reinvestment plan (in shares) | 11,594 | 8,367 | 187 | |||||||||||||
Stockholder servicing fees | (322) | (322) | (322) | |||||||||||||
Repurchase of common stock | $ (431) | $ (86) | (528,108) | (528,625) | (528,625) | |||||||||||
Repurchase of common stock (in shares) | (43,151) | (16,090) | (8,602) | (1,101) | ||||||||||||
Noncontrolling interest valuation adjustment | (90,635) | (90,635) | (90,635) | |||||||||||||
Net income (loss) | 674,315 | 674,315 | 221,473 | 895,788 | ||||||||||||
Distributions paid | (937,017) | (937,017) | (343,000) | (1,280,017) | ||||||||||||
BALANCE at Jun. 30, 2023 | $ 39,079 | $ 13,537 | $ 138 | $ 5,814 | $ 1,250 | 47,357,024 | 444,048 | (13,133,941) | 34,726,949 | 5,440,741 | 40,167,690 | |||||
BALANCE (in shares) at Jun. 30, 2023 | 3,907,864 | 1,353,702 | 13,781 | 581,410 | 125,000 | |||||||||||
BALANCE at Dec. 31, 2023 | $ 39,087 | $ 13,664 | $ 30 | $ 5,814 | $ 1,250 | 47,356,635 | 2,110,753 | (15,055,010) | 34,472,223 | 4,847,835 | 39,320,058 | |||||
BALANCE (in shares) at Dec. 31, 2023 | 3,908,712 | 3,908,712 | 1,366,446 | 1,366,446 | 2,964 | 2,964 | 581,410 | 581,410 | 125,000 | 125,000 | ||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | $ 105 | $ 80 | 202,637 | 202,822 | 202,822 | |||||||||||
Issuance of common stock pursuant to distribution reinvestment plan (in shares) | 10,503 | 7,972 | 46 | |||||||||||||
Stockholder servicing fees | (76) | (76) | (76) | |||||||||||||
Repurchase of common stock | $ (166) | $ (6) | (197,163) | (197,335) | (197,335) | |||||||||||
Repurchase of common stock (in shares) | (16,555) | (9,864) | (614) | (158) | ||||||||||||
Noncontrolling interest valuation adjustment | (21,946) | (21,946) | (21,946) | |||||||||||||
Net income (loss) | (1,026,115) | (1,026,115) | 217,376 | (808,739) | ||||||||||||
Distributions paid | (954,807) | (954,807) | (954,807) | |||||||||||||
BALANCE at Mar. 31, 2024 | $ 39,026 | $ 13,738 | $ 30 | $ 5,814 | $ 1,250 | 47,362,033 | 1,062,692 | (16,009,817) | 32,474,766 | 5,065,211 | 37,539,977 | |||||
BALANCE (in shares) at Mar. 31, 2024 | 3,902,660 | 1,373,804 | 3,010 | 581,410 | 125,000 | |||||||||||
BALANCE at Dec. 31, 2023 | $ 39,087 | $ 13,664 | $ 30 | $ 5,814 | $ 1,250 | 47,356,635 | 2,110,753 | (15,055,010) | 34,472,223 | 4,847,835 | 39,320,058 | |||||
BALANCE (in shares) at Dec. 31, 2023 | 3,908,712 | 3,908,712 | 1,366,446 | 1,366,446 | 2,964 | 2,964 | 581,410 | 581,410 | 125,000 | 125,000 | ||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | 402,312 | |||||||||||||||
BALANCE at Jun. 30, 2024 | $ 38,990 | $ 13,812 | $ 1 | $ 5,814 | $ 1,250 | 47,358,641 | 1,746,355 | (16,951,796) | 32,213,067 | 4,917,992 | 37,131,059 | |||||
BALANCE (in shares) at Jun. 30, 2024 | 3,898,987 | 3,898,987 | 1,381,202 | 1,381,202 | 10 | 10 | 581,410 | 581,410 | 125,000 | 125,000 | ||||||
BALANCE at Mar. 31, 2024 | $ 39,026 | $ 13,738 | $ 30 | $ 5,814 | $ 1,250 | 47,362,033 | 1,062,692 | (16,009,817) | 32,474,766 | 5,065,211 | 37,539,977 | |||||
BALANCE (in shares) at Mar. 31, 2024 | 3,902,660 | 1,373,804 | 3,010 | 581,410 | 125,000 | |||||||||||
Increase (Decrease) in Stockholders' Equity [Roll Forward] | ||||||||||||||||
Conversion of common stock | $ 32 | $ (30) | (2) | |||||||||||||
Conversion of common stock (in shares) | 3,159 | (3,045) | ||||||||||||||
Issuance of common stock pursuant to distribution reinvestment plan | $ 103 | $ 79 | $ 1 | 199,307 | 199,490 | 199,490 | ||||||||||
Issuance of common stock pursuant to distribution reinvestment plan (in shares) | 10,276 | 7,896 | 45 | |||||||||||||
Stockholder servicing fees | (51) | (51) | (51) | |||||||||||||
Repurchase of common stock | $ (171) | $ (5) | (202,646) | (202,822) | (202,822) | |||||||||||
Repurchase of common stock (in shares) | (17,108) | (498) | ||||||||||||||
Noncontrolling interest valuation adjustment | 77,671 | 77,671 | 77,671 | |||||||||||||
Net income (loss) | 605,992 | 605,992 | 171,281 | 777,273 | ||||||||||||
Distributions paid | (941,979) | (941,979) | (318,500) | (1,260,479) | ||||||||||||
BALANCE at Jun. 30, 2024 | $ 38,990 | $ 13,812 | $ 1 | $ 5,814 | $ 1,250 | $ 47,358,641 | $ 1,746,355 | $ (16,951,796) | $ 32,213,067 | $ 4,917,992 | $ 37,131,059 | |||||
BALANCE (in shares) at Jun. 30, 2024 | 3,898,987 | 3,898,987 | 1,381,202 | 1,381,202 | 10 | 10 | 581,410 | 581,410 | 125,000 | 125,000 |