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Related Party Transactions - Acquisition Fee, Asset Management Fee and Disposition Fee (Details) - Advisory agreement with PHA and Operating Partnership - Procaccianti Hotel Advisors, LLC ("PHA") - USD ($)
3 Months Ended 9 Months Ended 21 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Related Party Transactions              
Percentage of total acquisition fee payable to PHA         1.50%    
Non-compounded rate of interest on deferred acquisition fees         6.00%    
Acquisition fee     $ 0   $ 441,370 $ 0  
Acquisition fees in due to related parties $ 979,350 $ 537,980          
Accrued interest on outstanding acquisition fees     14,771 $ 8,136 $ 39,794 24,143  
One fourth of percentage of quarterly asset management fee         0.75%    
Accumulated, accrued, and unpaid distributions percentage         6.00%    
Non-compounded rate of interest on deferred asset management fees         6.00%    
Asset management fees     143,218 88,358 $ 394,734 263,700  
Accrued interest on outstanding asset management fees     $ 14,088 $ 6,822 $ 35,358 $ 16,301  
Maximum percentage of sales price of real estate investment as disposition fee         1.50%    
Non-compounded rate of interest on deferred disposition fees         6.00%   0.00%