XML 25 R7.htm IDEA: XBRL DOCUMENT v3.25.1
Consolidated Statements of Changes in Partners' Capital - USD ($)
Total
Sotherly Hotels LP [Member]
Sotherly Hotels LP [Member]
General Partner [Member]
Sotherly Hotels LP [Member]
Limited Partner [Member]
Sotherly Hotels LP [Member]
Preferred Units [Member]
Sotherly Hotels LP [Member]
Preferred Units [Member]
Series B Preferred Units [Member]
Sotherly Hotels LP [Member]
Preferred Units [Member]
Series C Preferred Units [Member]
Sotherly Hotels LP [Member]
Preferred Units [Member]
Series D Preferred Units [Member]
Balances, beginning at Dec. 31, 2021   $ 19,660,102 $ (469,805) $ (75,315,469)   $ 35,420,784 $ 32,474,760 $ 27,549,832
Balances, units, beginning at Dec. 31, 2021     185,748 18,389,030 4,059,610      
Issuance of partnership units   798,686 $ 7,987 $ 790,699        
Issuance of partnership units, number of units     3,951 391,135        
Amortization of restricted units award $ 72,780 72,780 $ 728 $ 72,052        
Unit based compensation   (379,688) (5,025) (374,663)        
Extinguishment of preferred units 59,521 59,521 $ 20,495 $ 2,063,637   (1,076,698) (902,982) (44,931)
Extinguishment of preferred units, shares     8,068 798,781 (86,300)      
Net (loss) income 33,959,848 33,959,848 $ 339,598 $ 33,620,250        
Balances, ending at Dec. 31, 2022   54,171,249 $ (106,022) $ (39,143,494)   34,344,086 31,571,778 27,504,901
Balances, units, ending at Dec. 31, 2022     197,767 19,578,946 3,973,310      
Issuance of partnership units   225,386 $ 2,254 $ 223,132        
Issuance of partnership units, number of units     7,453 276,825        
Amortization of restricted units award 148,193 148,193 $ 1,482 $ 146,711        
Unit based compensation   (734,097) (7,203) (726,894)        
Preferred units distributions declared   (7,977,251) (79,773) (7,897,478)        
Net (loss) income 3,809,711 3,809,711 17,432 3,792,279        
Balances, ending at Dec. 31, 2023   49,643,191 $ (171,830) $ (43,605,744)   34,344,086 31,571,778 27,504,901
Balances, units, ending at Dec. 31, 2023     205,220 19,855,771 3,973,310      
Issuance of partnership units   204,924 $ 2,049 $ 202,875        
Issuance of partnership units, number of units     1,524 150,836        
Amortization of restricted units award 167,081 167,081 $ 1,671 $ 165,410        
Unit based compensation   (811,877) (8,119) (803,758)        
Preferred units distributions declared   (7,977,247) (79,772) (7,897,475)        
Net (loss) income $ 1,179,854 1,179,854 21,265 1,158,589        
Balances, ending at Dec. 31, 2024   $ 42,405,926 $ (234,736) $ (50,780,103)   $ 34,344,086 $ 31,571,778 $ 27,504,901
Balances, units, ending at Dec. 31, 2024     206,744 20,006,607 3,973,310