Subsequent Events	3 Months Ended
Mar. 31, 2021
Subsequent Events [Abstract]
Subsequent Events	13. Subsequent Events On April 23, 2021, we entered into a fifth amendment to loan and security agreement with the mortgage lender for the DoubleTree by Hilton Philadelphia Airport whereby the lender agreed to the following: (a) deferral of scheduled principal through June 1, 2021; (b) payment of regular principal and interest on June 2, 2021; (c) remaining deferred interest is to be paid in 12 equal installments beginning June 2, 2021; and (d) deferred principal is due and payable at maturity. The maturity date was extended by 3 months, or until October 31, 2023. On April 26, 2021, the Board authorized the deferral of payment of the quarterly distribution for the period ending June 30, 2021 for each of the Company’s Series B, Series C, and Series D Preferred Stock (and Preferred Units). On April 30, 2021, we entered into a loan modification and reinstatement agreement with the mortgage lender for the DoubleTree Resort by Hilton Hollywood Beach pursuant to which we agreed with the lender to amend and reinstate the promissory note and loan agreement on revised terms. Under the amended loan agreement and promissory note the Company (i) paid to the lender contemporaneously with the closing of the amendment and reinstatement an aggregate amount of approximately $4 million made up of (i) tax and insurance reserves required to be funded in certain reserve accounts in the aggregate amount of approximately $2.5 million; (ii) a lump sum payment of approximately $1.3 million in respect of amounts owed by us relating to payments for the period from January through March 2021; (iii) certain FF&E reserve amounts required to be deposited with the lender; and (iv) certain other fees and expenses. In addition, we agreed to (a) begin regular monthly payments on May 1, 2021; (b) pay the aggregate amount owed by the Company relating to deferred monthly payments for the period from April through December 2020 in 24 equal monthly installments of $119,591.36 beginning on January 1, 2021 and continuing through December 2022; and (c) certain other amended terms, including to restrict the borrower under the promissory note from making any distributions until all such deferred payments have been made. In consideration for the payments made at closing and the other amended terms the loan agreement, promissory note and other loan documents thereunder were amended and reinstated in accordance with their respective terms and conditions and the lender agreed to certain accommodations, including the waiver of the cash sweep period trigger for a period of time and to forbear in collection of default interest and late payment charges accrued and unpaid under the loan agreement and promissory note, provided that in the event of a future default those amounts will become due immediately and the waivers will no longer be effective.

Subsequent Events

3 Months Ended

Mar. 31, 2021

13. Subsequent Events

On April 23, 2021, we entered into a fifth amendment to loan and security agreement with the mortgage lender for the DoubleTree by Hilton Philadelphia Airport whereby the lender agreed to the following: (a) deferral of scheduled principal through June 1, 2021; (b) payment of regular principal and interest on June 2, 2021; (c) remaining deferred interest is to be paid in 12 equal installments beginning June 2, 2021; and (d) deferred principal is due and payable at maturity. The maturity date was extended by 3 months, or until October 31, 2023.

On April 26, 2021, the Board authorized the deferral of payment of the quarterly distribution for the period ending June 30, 2021 for each of the Company’s Series B, Series C, and Series D Preferred Stock (and Preferred Units).

On April 30, 2021, we entered into a loan modification and reinstatement agreement with the mortgage lender for the DoubleTree Resort by Hilton Hollywood Beach pursuant to which we agreed with the lender to amend and reinstate the promissory note and loan agreement on revised terms. Under the amended loan agreement and promissory note the Company (i) paid to the lender contemporaneously with the closing of the amendment and reinstatement an aggregate amount of approximately $4 million made up of (i) tax and insurance reserves required to be funded in certain reserve accounts in the aggregate amount of approximately $2.5 million; (ii) a lump sum payment of approximately $1.3 million in respect of amounts owed by us relating to payments for the period from January through March 2021; (iii) certain FF&E reserve amounts required to be deposited with the lender; and (iv) certain other fees and expenses. In addition, we agreed to (a) begin regular monthly payments on May 1, 2021; (b) pay the aggregate amount owed by the Company relating to deferred monthly payments for the period from April through December 2020 in 24 equal monthly installments of $119,591.36 beginning on January 1, 2021 and continuing through December 2022; and (c) certain other amended terms, including to restrict the borrower under the promissory note from making any distributions until all such deferred payments have been made. In consideration for the payments made at closing and the other amended terms the loan agreement, promissory note and other loan documents thereunder were amended and reinstated in accordance with their respective terms and conditions and the lender agreed to certain accommodations, including the waiver of the cash sweep period trigger for a period of time and to forbear in collection of default interest and late payment charges accrued and unpaid under the loan agreement and promissory note, provided that in the event of a future default those amounts will become due immediately and the waivers will no longer be effective.