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Mortgage Notes Payable (Details) - USD ($)
3 Months Ended 9 Months Ended
Aug. 15, 2018
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Dec. 31, 2019
Debt Instrument [Line Items]            
Mortgage notes payable, net   $ 56,844,658   $ 56,844,658   $ 39,437,601
Repayments Of Mortgage Notes Principal       108,132 $ 1,744,000  
Deferred finance costs and debt discounts   2,472 $ 25,870 11,480 77,609  
Interest expense on mortgage notes payable   663,564 $ 517,001 1,886,606 $ 1,449,205  
Additional loans borrowed       $ 2,000,000    
Interest rate swap            
Debt Instrument [Line Items]            
Mortgage note due date       Aug. 15, 2021    
Mortgage payable            
Debt Instrument [Line Items]            
Deferred finance costs and debt discounts       $ 162,921    
Mortgage payable secured by the St. Pete Hotel            
Debt Instrument [Line Items]            
Mortgage notes payable, net   $ 13,273,843   $ 13,273,843    
Interest rate   4.34%   4.34%    
Interest payments       $ 66,255    
Interest payment starting date       Aug. 01, 2020    
Interest payment ending date       Jul. 01, 2024    
Description of variable rate       Monthly    
Mortgage Payable Secured By Wilmington Hotel [Member]            
Debt Instrument [Line Items]            
Mortgage notes payable, net   $ 11,211,025   $ 11,211,025    
Interest rate   4.49%   4.49%    
Interest payments       $ 57,026    
Interest payment starting date       Jun. 01, 2020    
Interest payment ending date       Jun. 01, 2024    
Description of variable rate       Monthly    
Mortgage Payable Secured By Wilmington Hotel Tci [Member]            
Debt Instrument [Line Items]            
Mortgage notes payable, net   $ 15,092,000   $ 15,092,000    
Debt Instrument, Basis Spread on Variable Rate       2.50%    
Mortgage Payable Secured By Wilmington Hotel Tci [Member] | Interest rate swap            
Debt Instrument [Line Items]            
Mortgage note due date Aug. 15, 2021          
Mortgage Payable Secured By Hilton Garden Inn Providence            
Debt Instrument [Line Items]            
Mortgage notes payable, net   $ 16,936,901   $ 16,936,901    
Period of monthly interest payments       36 months    
Amortization schedule       30 years