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Summary of Significant Accounting Policies - Schedule of Recurring Assets and Liabilities Measured at Fair Value (Detail) - USD ($)
Dec. 31, 2021
Dec. 31, 2020
Derivatives Fair Value [Line Items]    
Investment in Hotel Properties, net $ 375,885,224 $ 427,824,585
Investment in Hotel Properties Held for Sale, net 22,870,487  
Level 2 [Member]    
Derivatives Fair Value [Line Items]    
Investment in Hotel Properties, net 23,000,000  
Investment in Hotel Properties Held for Sale, net 11,063,952  
Level 2 [Member] | Interest Rate Caps [Member]    
Derivatives Fair Value [Line Items]    
Interest rate cap 47 208
Level 2 [Member] | Interest Rate Swap [Member]    
Derivatives Fair Value [Line Items]    
Interest rate cap (1,537,319) (3,038,967)
Level 2 [Member] | Mortgage Loans [Member]    
Derivatives Fair Value [Line Items]    
Debt instruments measured at fair value $ (355,496,444) $ (364,112,622)