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Summary of Significant Accounting Policies - Schedule of Recurring Assets and Liabilities Measured at Fair Value (Detail) - USD ($)
Dec. 31, 2024
Dec. 31, 2023
Carrying Amount [Member] | Interest-Rate Swap [Member]    
Derivatives Fair Value [Line Items]    
Financial Assets [1]   $ 627,676
Carrying Amount [Member] | Interest-Rate Cap [Member]    
Derivatives Fair Value [Line Items]    
Financial Assets [2] $ 379,433  
Carrying Amount [Member] | Mortgage Loans [Member]    
Derivatives Fair Value [Line Items]    
Financial Liabilities [3] (316,516,148) (315,989,194)
Fair Value [Member] | Interest-Rate Swap [Member]    
Derivatives Fair Value [Line Items]    
Financial Assets [1]   627,676
Fair Value [Member] | Interest-Rate Cap [Member]    
Derivatives Fair Value [Line Items]    
Financial Assets [2] 379,433  
Fair Value [Member] | Mortgage Loans [Member]    
Derivatives Fair Value [Line Items]    
Financial Liabilities [3] $ (315,981,358) $ (303,949,790)
[1] The interest-rate swap agreement allowed the Company to receive a variable rate of interest based upon 1-month SOFR in exchange for a fixed rate of 2.826% on a notional amount which approximated the declining balance of the mortgage loan on the Hotel Alba. The interest-rate swap was terminated on February 14, 2024.
[2] 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.
[3] Mortgage loans had a carrying value on our Consolidated Balance Sheets of $316,516,148 and $315,989,194, as of December 31, 2024 and December 31, 2023, respectively.