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Acquisition of Hotel Properties - Allocation of Purchase Price Based on Fair Value (Detail) - USD ($)
9 Months Ended
Sep. 26, 2019
Mar. 01, 2018
Sep. 30, 2019
Sep. 30, 2018
Business Acquisition [Line Items]        
Net cash     $ 6,346,378 $ 79,732,716
Hyatt Centric Arlington [Member]        
Business Acquisition [Line Items]        
Land and land improvements   $ 190,916    
Buildings and improvements   70,369,046    
Furniture, fixtures and equipment   6,229,888    
Favorable lease and other intangible assets   3,054,812    
Investment in hotel properties   79,844,662    
Accrued liabilities and other costs   (111,946)    
Net cash   $ 79,732,716    
Commercial Condominium Unit of Hyde Resort & Residences [Member]        
Business Acquisition [Line Items]        
Land and land improvements $ 500      
Buildings and improvements 5,564,219      
Furniture, fixtures and equipment 347,621      
Investment in hotel properties 5,912,340      
Prepaid expenses, inventory and other assets 434,038      
Net cash $ 6,346,378