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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY AND NONCONTROLLING INTEREST - USD ($)
Class K Common Stock
Common Stock
Class K Common Stock
Class K-I Common Stock
Common Stock
Class K-I Common Stock
Class K-T Common Stock
Common Stock
Class K-T Common Stock
Class A Common Stock
Common Stock
Class A Common Stock
Class B Common Stock
Common Stock
Class B Common Stock
Additional Paid-in Capital
Cumulative Loss
Cumulative Distributions
Total Procaccianti Hotel REIT, Inc. Stockholders' Equity
Noncontrolling Interest
Total
BALANCE at Dec. 31, 2020 $ 36,081   $ 6,668   $ 478   $ 5,374   $ 1,250   $ 40,343,076 $ (6,092,421) $ (3,528,321) $ 30,772,185 $ 5,888,390 $ 36,660,575
BALANCE (in shares) at Dec. 31, 2020 3,608,062   666,728   47,769   537,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock $ 801   $ 1,568       $ 440       2,368,158     2,370,967   2,370,967
Issuance of common stock (in shares) 80,181   156,830       44,000                  
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (104,773)     (104,773)   (104,773)
Repurchase of common stock $ (10)                   (7,910)     (7,920)   (7,920)
Repurchase of common stock (in shares) (1,000)                              
Other offering costs to affiliates                     (250,872)     (250,872)   (250,872)
Net Income (Loss)                       (1,110,673)   (1,110,673) (47,782) (1,158,455)
BALANCE at Mar. 31, 2021 $ 36,872   $ 8,236   $ 478   $ 5,814   $ 1,250   42,347,679 (7,203,094) (3,528,321) 31,668,914 5,840,608 37,509,522
BALANCE (in shares) at Mar. 31, 2021 3,687,243   823,558   47,769   581,410   125,000              
BALANCE at Dec. 31, 2020 $ 36,081   $ 6,668   $ 478   $ 5,374   $ 1,250   40,343,076 (6,092,421) (3,528,321) 30,772,185 5,888,390 36,660,575
BALANCE (in shares) at Dec. 31, 2020 3,608,062   666,728   47,769   537,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock pursuant to distribution reinvestment plan                               187,421
BALANCE at Sep. 30, 2021 $ 39,238   $ 12,995   $ 611   $ 5,814   $ 1,250   47,523,922 (3,616,254) (4,757,331) 39,210,245 5,634,702 44,844,947
BALANCE (in shares) at Sep. 30, 2021 3,923,836   1,299,525   61,138   581,410   125,000              
BALANCE at Mar. 31, 2021 $ 36,872   $ 8,236   $ 478   $ 5,814   $ 1,250   42,347,679 (7,203,094) (3,528,321) 31,668,914 5,840,608 37,509,522
BALANCE (in shares) at Mar. 31, 2021 3,687,243   823,558   47,769   581,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock $ 2,101   $ 3,025   $ 99           4,315,087     4,320,312   4,320,312
Issuance of common stock (in shares) 210,150   302,562   9,930                      
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (254,489)     (254,489)   (254,489)
Repurchase of common stock $ (347)                   (289,074)     (289,421)   (289,421)
Repurchase of common stock (in shares) (34,700)                              
Other offering costs to affiliates                     (393,558)     (393,558)   (393,558)
Net Income (Loss)                       1,052,074   1,052,074 321,364 1,373,438
Distributions paid                             (591,430) (591,430)
BALANCE at Jun. 30, 2021 $ 38,626   $ 11,261   $ 577   $ 5,814   $ 1,250   45,725,645 (6,151,020) (3,528,321) 36,103,832 5,570,542 41,674,374
BALANCE (in shares) at Jun. 30, 2021 3,862,693   1,126,120   57,699   581,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock $ 1,087   $ 1,668   $ 25           2,601,250     2,604,030   2,604,030
Issuance of common stock (in shares) 108,627   166,777   2,538                      
Issuance of common stock pursuant to distribution reinvestment plan $ 125   $ 66   $ 9           187,221     187,421   187,421
Issuance of common stock pursuant to distribution reinvestment plan (in shares) 12,495   6,628   901                      
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (147,733)     (147,733)   (147,733)
Repurchase of common stock $ (600)                   (571,476)     (572,076)   (572,076)
Repurchase of common stock (in shares) (59,979)                              
Other offering costs to affiliates                     (270,985)     (270,985)   (270,985)
Net Income (Loss)                       2,534,766   2,534,766 118,550 2,653,316
Distributions paid                         (1,229,010) (1,229,010) (54,390) (1,283,400)
BALANCE at Sep. 30, 2021 $ 39,238   $ 12,995   $ 611   $ 5,814   $ 1,250   47,523,922 (3,616,254) (4,757,331) 39,210,245 5,634,702 44,844,947
BALANCE (in shares) at Sep. 30, 2021 3,923,836   1,299,525   61,138   581,410   125,000              
BALANCE at Dec. 31, 2021 $ 39,477   $ 13,155   $ 629   $ 5,814   $ 1,250   47,930,212 (3,500,228) (7,428,718) 37,061,591 5,702,961 42,764,552
BALANCE (in shares) at Dec. 31, 2021 3,947,642 3,947,642 1,315,534 1,315,534 62,946 62,946 581,410 581,410 125,000 125,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Conversion of common stock $ 5       $ (5)                      
Conversion of common stock (in shares) 500       500                      
Issuance of common stock pursuant to distribution reinvestment plan $ 123   $ 80   $ 8           197,195     197,406   197,406
Issuance of common stock pursuant to distribution reinvestment plan (in shares) 12,344   7,993   753                      
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (1,429)     (1,429)   (1,429)
Repurchase of common stock $ (75)   $ (16)               (84,617)     (84,708)   (84,708)
Repurchase of common stock (in shares) (7,500)   (1,613)                          
Net Income (Loss)                       (316,458)   (316,458) 314,391 (2,067)
Distributions paid                         (958,121) (958,121) (122,500) (1,080,621)
BALANCE at Mar. 31, 2022 $ 39,530   $ 13,219   $ 632   $ 5,814   $ 1,250   48,041,361 (3,816,686) (8,386,839) 35,898,281 5,894,852 41,793,133
BALANCE (in shares) at Mar. 31, 2022 3,952,986   1,321,914   63,199   581,410   125,000              
BALANCE at Dec. 31, 2021 $ 39,477   $ 13,155   $ 629   $ 5,814   $ 1,250   47,930,212 (3,500,228) (7,428,718) 37,061,591 5,702,961 42,764,552
BALANCE (in shares) at Dec. 31, 2021 3,947,642 3,947,642 1,315,534 1,315,534 62,946 62,946 581,410 581,410 125,000 125,000            
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock pursuant to distribution reinvestment plan                               596,103
BALANCE at Sep. 30, 2022 $ 39,091   $ 13,372   $ 569   $ 5,814   $ 1,250   47,671,267 1,275,668 (10,279,117) 38,727,914 5,802,337 44,530,251
BALANCE (in shares) at Sep. 30, 2022 3,909,144 3,909,144 1,337,250 1,337,250 56,919 56,919 581,410 581,410 125,000 125,000            
BALANCE at Mar. 31, 2022 $ 39,530   $ 13,219   $ 632   $ 5,814   $ 1,250   48,041,361 (3,816,686) (8,386,839) 35,898,281 5,894,852 41,793,133
BALANCE (in shares) at Mar. 31, 2022 3,952,986   1,321,914   63,199   581,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock pursuant to distribution reinvestment plan $ 122   $ 81   $ 8           197,069     197,280   197,280
Issuance of common stock pursuant to distribution reinvestment plan (in shares) 12,261   8,053   762                      
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (1,440)     (1,440)   (1,440)
Repurchase of common stock $ (375)                   (369,000)     (369,375)   (369,375)
Repurchase of common stock (in shares) (37,500)                              
Net Income (Loss)                       2,324,251   2,324,251 462,063 2,786,314
Distributions paid                         (941,800) (941,800) (355,250) (1,297,050)
BALANCE at Jun. 30, 2022 $ 39,277   $ 13,300   $ 640   $ 5,814   $ 1,250   47,867,990 (1,492,435) (9,328,639) 37,107,197 6,001,665 43,108,862
BALANCE (in shares) at Jun. 30, 2022 3,927,747   1,329,967   63,961   581,410   125,000              
Increase (Decrease) in Stockholders' Equity [Roll Forward]                                
Issuance of common stock $ 119   $ 79   $ 7           201,212     201,417   201,417
Issuance of common stock (in shares) 11,924   7,940   733                      
Conversion of common stock (in shares) 6,775       (6,775)                      
Conversion of common stock $ 68       $ (68)                      
Commissions on sales of common stock and related dealer manager fees and stockholder servicing fees                     (1,409)     (1,409)   (1,409)
Repurchase of common stock $ (373)   $ (7)   $ (10)           (396,526)     (396,916)   (396,916)
Repurchase of common stock (in shares) (37,302)   (657)   (1,000)                      
Net Income (Loss)                       2,768,103   2,768,103 155,922 2,924,025
Distributions paid                         (950,478) (950,478) (355,250) (1,305,728)
BALANCE at Sep. 30, 2022 $ 39,091   $ 13,372   $ 569   $ 5,814   $ 1,250   $ 47,671,267 $ 1,275,668 $ (10,279,117) $ 38,727,914 $ 5,802,337 $ 44,530,251
BALANCE (in shares) at Sep. 30, 2022 3,909,144 3,909,144 1,337,250 1,337,250 56,919 56,919 581,410 581,410 125,000 125,000