Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2025

Segment Reporting

Schedule of Segment Reporting

	Year Ended December 31,
	2025		2024
Revenue:
Total revenue	$	32,842,464	$	31,883,877
Operating expenses:
Rooms		6,017,057		6,018,897
Food and beverage		1,832,610		1,613,437
Other property operating expenses		11,429,960		11,149,871
Property management fees to affiliates		985,488		956,558
Other segment expenses (1)		6,294,376		6,458,238
Operating income:		6,282,973		5,686,876
Non-operating expenses:
Interest expense, net		(4,124,807)		(3,733,207)
Gain on interest rate swap		-		7,237
Income tax benefit (expense)		(300,475)		106,253
Segment and consolidated net income	$	1,857,691	$	2,067,159

⁽¹⁾ Other segment expenses include corporate general and administrative, other fees to affiliates and depreciation and amortization.