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Debt - Schedule of Mortgage Debt Obligations on Hotels (Detail) - USD ($)
9 Months Ended
Feb. 26, 2018
Sep. 30, 2019
Dec. 31, 2018
Debt Instrument [Line Items]      
Mortgage loans   $ 363,030,889 $ 367,613,880
Deferred financing costs, net   (2,628,780) (2,951,327)
Unamortized premium on loan   147,781 166,292
Total Mortgage Loans, Net   360,549,890 364,828,845
The DeSoto [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 33,256,944 33,824,350
Prepayment Penalties   Yes  
Maturity Date   Jul. 01, 2026  
Amortization Provisions, Term   25 years  
Interest rate applicable to the mortgage loan   4.25%  
Double Tree by Hilton Jacksonville Riverfront [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 34,366,547 34,773,546
Prepayment Penalties   Yes  
Maturity Date   Jul. 11, 2024  
Amortization Provisions, Term   30 years  
Interest rate applicable to the mortgage loan   4.88%  
Double Tree by Hilton Laurel [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 8,614,350 8,845,299
Prepayment Penalties   Yes  
Maturity Date   Aug. 05, 2021  
Amortization Provisions, Term   25 years  
Interest rate applicable to the mortgage loan   5.25%  
Double Tree By Hilton Philadelphia Airport [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 41,580,419 42,026,986
Prepayment Penalties   None  
Maturity Date   Jul. 31, 2023  
Amortization Provisions, Term   30 years  
Interest rate applicable to the mortgage loan   2.27%  
Doubletree By Hilton Raleigh Brownstone - University [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 18,300,000 18,300,000
Prepayment Penalties   Yes  
Maturity Date   Jul. 27, 2022  
Interest rate applicable to the mortgage loan   4.00%  
DoubleTree Resort by Hilton Hollywood Beach [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 56,396,039 57,064,824
Prepayment Penalties   n/a  
Maturity Date   Oct. 01, 2025  
Amortization Provisions, Term   30 years  
Interest rate applicable to the mortgage loan   4.913%  
Georgian Terrace [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 43,627,014 44,202,968
Prepayment Penalties   n/a  
Maturity Date   Jun. 01, 2025  
Amortization Provisions, 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   $ 18,107,352 18,307,000
Prepayment Penalties   None  
Maturity Date   Jun. 30, 2022  
Interest rate applicable to the mortgage loan   3.75%  
Hotel Ballast Wilmington,Tapestry Collection by Hilton [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 33,683,726 34,236,104
Prepayment Penalties   Yes  
Maturity Date   Jan. 01, 2027  
Amortization Provisions, 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   $ 49,355,146 49,885,045
Prepayment Penalties   Yes  
Maturity Date   Sep. 18, 2028  
Amortization Provisions, Term   30 years  
Interest rate applicable to the mortgage loan   5.25%  
Sheraton Louisville Riverside [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 11,215,621 11,414,300
Prepayment Penalties   Yes  
Maturity Date   Dec. 01, 2026  
Amortization Provisions, Term   25 years  
Interest rate applicable to the mortgage loan   4.27%  
The Whitehall [Member] | Mortgage Loans [Member]      
Debt Instrument [Line Items]      
Mortgage loans   $ 14,527,731 $ 14,733,458
Prepayment Penalties   Yes  
Maturity Date   Feb. 26, 2023  
Amortization Provisions, Term 25 years 25 years  
Interest rate applicable to the mortgage loan   3.50%