Summary of Significant Accounting Policies (Details) $ in Thousands	12 Months Ended
	Dec. 31, 2025 USD ($)	Dec. 31, 2024 USD ($)	Dec. 31, 2023 USD ($)
Summary of Significant Accounting Policies
Number of joint ventures	1
Amortization of deferred financing costs	$ 7,551	$ 6,623	$ 6,100
Partner's ownership interest in the Operating Partnership	99.50%
Number of subsequent taxable years for which entity will not qualify as REIT upon failure to qualify in any taxable year	4 years
REIT Distribution Requirement, Percentage of Taxable Income	90.00%
The Knickerbocker New York
Summary of Significant Accounting Policies
Noncontrolling ownership interest of third party	5.00%
Limited Partners
Summary of Significant Accounting Policies
Partner's ownership interest in the Operating Partnership	0.50%
Land improvements
Summary of Significant Accounting Policies
Estimated useful lives	15 years
Building improvements
Summary of Significant Accounting Policies
Estimated useful lives	15 years
Buildings
Summary of Significant Accounting Policies
Estimated useful lives	40 years
Furniture and Fixtures [Member] | Minimum
Summary of Significant Accounting Policies
Estimated useful lives	3 years
Furniture and Fixtures [Member] | Maximum
Summary of Significant Accounting Policies
Estimated useful lives	5 years
50 Percent Owned
Summary of Significant Accounting Policies
Equity method investment, ownership percentage	50.00%