Note 6 - Debt (Tables)

12 Months Ended

Dec. 31, 2025

Notes Tables

Schedule of Debt [Table Text Block]

					December 31, 2025
					Property		Balance Outstanding as of
	Interest				Carrying		December 31,			December 31,
Loan/Collateral	Rate			Maturity Date	Value		2025			2024
Revolving Credit Facility (1)		5.52	%	September 25, 2029	$	—	$	—		$	110,000
Unsecured Term Loan (2)		5.47	%	September 25, 2029		—		200,000			140,000
Hampton Inn & Suites Houston-Medical Center, TX		4.25	%	January 6, 2025		—		—			15,957
Courtyard by Marriott Dallas, TX		7.61	%	September 11, 2028		38,403		24,500			24,500
Hyatt Place Pittsburgh, PA (3)		7.29	%	June 11, 2029		28,825		23,300			23,300
Residence Inn by Marriott Austin, TX		7.42	%	September 6, 2033		34,844		20,850			20,850
TownePlace Suites by Marriott Austin, TX		7.42	%	September 6, 2033		28,889		19,075			19,075
Courtyard by Marriott Summerville, SC		7.33	%	September 11, 2033		17,524		9,000			9,000
Residence Inn by Marriott Summerville, SC		7.33	%	September 11, 2033		16,549		9,500			9,500
SpringHill Suites by Marriott Savannah, GA (4)		6.70	%	June 6, 2034		31,854		22,000			22,000
Hampton Inn & Suites Exeter, NH (4)		6.70	%	June 11, 2034		11,938		15,000			15,000
Total debt before unamortized debt issue costs					$	208,826	$	343,225		$	409,182
Unamortized term loan and mortgage debt issue costs								(4,312	)		(2,332	)
Total debt outstanding							$	338,913		$	406,850

Schedule of Maturities of Long-Term Debt [Table Text Block]

	Amount
2026	$	—
2027		—
2028		24,590
2029		223,681
2030		410
Thereafter		94,544
Total debt before unamortized debt issue costs	$	343,225
Unamortized mortgage debt issue costs		(4,312	)
Total debt outstanding	$	338,913