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Organization and Description of Business - Additional Information (Detail)
6 Months Ended 9 Months Ended
May 06, 2020
USD ($)
Apr. 28, 2020
USD ($)
Apr. 16, 2020
USD ($)
Jan. 01, 2020
Hotel
Dec. 13, 2019
Sep. 26, 2019
USD ($)
ft²
Hotel
ParkingSpaces
Sep. 06, 2019
Hotel
May 20, 2019
USD ($)
May 01, 2019
USD ($)
shares
Apr. 26, 2019
USD ($)
Apr. 18, 2019
USD ($)
shares
Sep. 30, 2020
USD ($)
Hotel
Room
Sep. 30, 2020
USD ($)
ft²
Hotel
Room
Sep. 30, 2019
USD ($)
May 31, 2020
USD ($)
Dec. 31, 2019
USD ($)
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Date of incorporation                         Aug. 20, 2004      
Investment in number of hotels | Hotel                       12 12      
Rooms in hotel | Room                       3,156 3,156      
Date of commencement of business                         Dec. 21, 2004      
Number of hotels acquired before commencement of business | Hotel                         6      
Cash collateral on deposit                       $ 2,500,000 $ 2,500,000      
Unrestricted cash                       15,484,560 15,484,560     $ 23,738,066
Restricted cash                       7,697,508 7,697,508     $ 4,246,170
Utilized cash, cash and equivalents and restricted cash                       9,600,000 $ (4,802,168) $ (2,615,854)    
Proceeds from sale of preferred stock, net                           $ 33,238,532    
Promissory Note [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Paycheck protection program loan term     5 years                   5 years      
Paycheck protection program loan interest rate     1.00%                   1.00%      
Paycheck protection program loan repayment terms                         Equal payments of principal and interest begin no later than 10 months following origination of the loan and are amortized over the remaining term of the loan.      
Paycheck protection program loan amount     $ 333,500                          
Promissory Note [Member] | Fifth Third Bank [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Paycheck protection program loan amount $ 952,700 $ 9,432,900                            
Newport Hospitality Group, Inc., and Our Town [Member] | Master Agreement                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Number of hotels | Hotel             10                  
Agreement commencement date             Sep. 06, 2019                  
Agreement termination date         Jan. 01, 2020                      
Number of wholly-owned hotels expired | Hotel       10                        
Town Pursuant [Member] | Sublease Agreement [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Agreement commencement date                         Dec. 13, 2019      
Area of office space subleased | ft²                         2,245      
Town Pursuant [Member] | Sublease Agreement [Member] | Maximum [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Working capital line of credit                       850,000 $ 850,000      
Hotel Alba Tampa, Tapestry Collection by Hilton [Member] | Fifth Third Bank [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Cash collateral on deposit                       $ 2,500,000 $ 2,500,000      
Mortgage loans                   $ 18,200,000            
Debt instrument maturity date                   Jun. 30, 2022            
Period subject to certain terms and conditions                   2 years            
Extended maturity period                         two additional periods of one year each      
Amortization Period                   25 years            
Hotel Alba Tampa, Tapestry Collection by Hilton [Member] | Fifth Third Bank [Member] | LIBOR [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Floating interest rate period                   1 month     1 month      
Floating rate of interest rate                   3.00%     3.75%      
PPP Loans [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Borrowed amount                             $ 10,700,000  
7.25% Senior Unsecured Notes due 2021 [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Interest rate               7.25%                
Debt instrument redeemed date               May 20, 2019                
Debt instrument redeemed, principal amount               $ 25,000,000.0                
Percentage of redemption price equal to principal amount               101.00%                
8.0% Series B Cumulative Redeemable Perpetual Preferred Stock [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Preferred stock, dividend rate percentage                         8.00%      
7.875% Series C Cumulative Redeemable Perpetual Preferred Stock [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Preferred stock, dividend rate percentage                         7.875%      
8.25% Series D Cumulative Redeemable Perpetual Preferred Stock [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Preferred stock, dividend rate percentage                     8.25%   8.25%      
Preferred stock, shares sale and issuance | shares                 120,000   1,080,000          
Gross proceeds before underwriting discounts and commissions and expenses                 $ 3,000,000.0   $ 27,000,000.0          
Proceeds from sale of preferred stock, net                     $ 28,400,000          
7.25% Senior Unsecured Notes due 2021 [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Interest rate                     7.25%          
Operating Partnership [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Percentage of operating partnership owned                       92.60% 92.60%      
Condominium Hotels [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Investment in number of hotels | Hotel                       2 2      
Hyde Beach House [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Number of hotels acquired before commencement of business | Hotel           2                    
Number of newly constructed unit | Hotel           342                    
Commercial unit purchase price           $ 5,400,000                    
Additional consideration           700,000                    
Pre-opening services fee           $ 1,000,000.0                    
Hyde Beach House [Member] | DoubleTree Resort by Hilton Hollywood Beach [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Area of real estate property | ft²           3,000                    
Number of dedicated parking spaces | ParkingSpaces           200                    
Hyde Beach House [Member] | Management Agreement for Parking Garage and Poolside [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Initial term of agreement           20 years                    
Hyde Beach House [Member] | Management Agreement Relating to the Operation and Management [Member]                                
Organization Consolidation and Presentation of Financial Statements [Line Items]                                
Initial term of agreement           20 years