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Notes Payable, net (Details) - Schedule of Notes Payable, Net - USD ($)
9 Months Ended
Sep. 30, 2023
Dec. 31, 2022
Debt Instrument [Line Items]    
Gross $ 212,730,901 $ 185,195,572
Debt discount and deferred financing costs (10,422,920) (13,879,712)
Net 202,307,981 171,315,860
Preferred Equity Loan [Member]    
Debt Instrument [Line Items]    
Gross [1] 6,800,000 3,600,000
Debt discount and deferred financing costs [1]
Net [1] $ 6,800,000 3,600,000
Interest Rate, Stated [1] 7.00%  
Interest Rate, Effective [1] 7.00%  
Maturity Date [1] Various  
City of Canton Loan [Member]    
Debt Instrument [Line Items]    
Gross [2] $ 3,387,500 3,450,000
Debt discount and deferred financing costs [2] (4,452) (5,333)
Net [2] $ 3,383,048 3,444,667
Interest Rate, Stated [2] 0.50%  
Interest Rate, Effective [2] 0.53%  
Maturity Date [2] 7/1/2027  
New Market/SCF [Member]    
Debt Instrument [Line Items]    
Gross $ 2,999,989 2,999,989
Debt discount and deferred financing costs
Net $ 2,999,989 2,999,989
Interest Rate, Stated 4.00%  
Interest Rate, Effective 4.00%  
Maturity Date 12/30/2024  
JKP Capital loan [Member]    
Debt Instrument [Line Items]    
Gross [3],[4] $ 9,670,339 9,158,711
Debt discount and deferred financing costs [3],[4]
Net [3],[4] $ 9,670,339 9,158,711
Interest Rate, Stated [3],[4] 12.50%  
Interest Rate, Effective [3],[4] 12.50%  
Maturity Date [3],[4] 3/31/2024  
MKG DoubleTree Loan [Member]    
Debt Instrument [Line Items]    
Gross [5] $ 15,300,000 15,300,000
Debt discount and deferred financing costs [5]
Net [5] $ 15,300,000 15,300,000
Interest Rate, Stated [5] 10.25%  
Interest Rate, Effective [5] 10.25%  
Maturity Date [5] 10/13/2023  
Convertible PIPE Notes [Member]    
Debt Instrument [Line Items]    
Gross $ 28,564,911 26,525,360
Debt discount and deferred financing costs (5,597,283) (8,097,564)
Net $ 22,967,628 18,427,796
Interest Rate, Stated 10.00%  
Interest Rate, Effective 24.40%  
Maturity Date 3/31/2025  
Canton Cooperative Agreement [Member]    
Debt Instrument [Line Items]    
Gross $ 2,570,000 2,620,000
Debt discount and deferred financing costs (163,139) (168,254)
Net $ 2,406,861 2,451,746
Interest Rate, Stated 3.85%  
Interest Rate, Effective 5.35%  
Maturity Date 5/15/2040  
CH Capital Loan [Member]    
Debt Instrument [Line Items]    
Gross [3],[4],[6] $ 9,340,269 8,846,106
Debt discount and deferred financing costs [3],[4],[6]
Net [3],[4],[6] $ 9,340,269 8,846,106
Interest Rate, Stated [3],[4],[6] 12.50%  
Interest Rate, Effective [3],[4],[6] 12.50%  
Maturity Date [3],[4],[6] 3/31/2024  
Constellation EME #2 [Member]    
Debt Instrument [Line Items]    
Gross [7] $ 2,800,533  
Debt discount and deferred financing costs [7]  
Net [7] $ 2,800,533  
Interest Rate, Stated [7] 5.93%  
Interest Rate, Effective [7] 5.93%  
Maturity Date [7] 4/30/2026  
IRG Split Note [Member]    
Debt Instrument [Line Items]    
Gross [3],[4],[8] $ 4,542,782 4,302,437
Debt discount and deferred financing costs [3],[4],[8]
Net [3],[4],[8] $ 4,542,782 4,302,437
Interest Rate, Stated [3],[4],[8] 12.50%  
Interest Rate, Effective [3],[4],[8] 12.50%  
Maturity Date [3],[4],[8] 3/31/2024  
JKP Split Note [Member]    
Debt Instrument [Line Items]    
Gross [3],[4],[8] $ 4,542,782 4,302,437
Debt discount and deferred financing costs [3],[4],[8]
Net [3],[4],[8] $ 4,542,782 4,302,437
Interest Rate, Stated [3],[4],[8] 12.50%  
Interest Rate, Effective [3],[4],[8] 12.50%  
Maturity Date [3],[4],[8] 3/31/2024  
ErieBank Loan [Member]    
Debt Instrument [Line Items]    
Gross $ 19,888,626 19,465,282
Debt discount and deferred financing costs (487,073) (536,106)
Net $ 19,401,553 18,929,176
Interest Rate, Stated 9.50%  
Interest Rate, Effective 9.74%  
Maturity Date 12/15/2034  
PACE Equity Loan [Member]    
Debt Instrument [Line Items]    
Gross $ 8,104,871 8,250,966
Debt discount and deferred financing costs (269,319) (273,031)
Net $ 7,835,552 7,977,935
Interest Rate, Stated 6.05%  
Interest Rate, Effective 6.18%  
Maturity Date 7/31/2047  
PACE Equity CFP [Member]    
Debt Instrument [Line Items]    
Gross $ 2,984,572 2,437,578
Debt discount and deferred financing costs (25,570) (27,586)
Net $ 2,959,002 2,409,992
Interest Rate, Stated 6.05%  
Interest Rate, Effective 6.10%  
Maturity Date 7/31/2046  
CFP Loan [Member]    
Debt Instrument [Line Items]    
Gross [4],[9] $ 4,252,006 4,027,045
Debt discount and deferred financing costs [4],[9]
Net [4],[9] $ 4,252,006 4,027,045
Interest Rate, Stated [4],[9] 12.50%  
Interest Rate, Effective [4],[9] 12.50%  
Maturity Date [4],[9] 3/31/2024  
Stark County Community Foundation [Member]    
Debt Instrument [Line Items]    
Gross $ 5,000,000 5,000,000
Debt discount and deferred financing costs
Net $ 5,000,000 5,000,000
Interest Rate, Stated 6.00%  
Interest Rate, Effective 6.00%  
Maturity Date 5/31/2029  
CH Capital Bridge Loan [Member]    
Debt Instrument [Line Items]    
Gross [4] $ 11,068,877 10,485,079
Debt discount and deferred financing costs [4]
Net [4] $ 11,068,877 10,485,079
Interest Rate, Stated [4] 12.50%  
Interest Rate, Effective [4] 12.50%  
Maturity Date [4] 3/31/2024  
Stadium PACE Loan [Member]    
Debt Instrument [Line Items]    
Gross $ 33,387,844 33,387,844
Debt discount and deferred financing costs (1,656,470) (4,091,382)
Net $ 31,731,374 29,296,462
Interest Rate, Stated 6.00%  
Interest Rate, Effective 6.51%  
Maturity Date 1/1/2049  
Stark County Infrastructure Loan [Member]    
Debt Instrument [Line Items]    
Gross $ 5,000,000 5,000,000
Debt discount and deferred financing costs
Net $ 5,000,000 5,000,000
Interest Rate, Stated 6.00%  
Interest Rate, Effective 6.00%  
Maturity Date 8/31/2029  
City of Canton Infrastructure Loan [Member]    
Debt Instrument [Line Items]    
Gross $ 5,000,000 5,000,000
Debt discount and deferred financing costs (10,437) (11,572)
Net $ 4,989,563 4,988,428
Interest Rate, Stated 6.00%  
Interest Rate, Effective 6.04%  
Maturity Date 6/30/2029  
TDD Bonds [Member]    
Debt Instrument [Line Items]    
Gross $ 7,425,000 7,500,000
Debt discount and deferred financing costs (658,471) (668,884)
Net $ 6,766,529 6,831,116
Interest Rate, Stated 5.41%  
Interest Rate, Effective 5.78%  
Maturity Date 12/1/2046  
TIF [Member]    
Debt Instrument [Line Items]    
Gross $ 18,100,000  
Debt discount and deferred financing costs (1,550,706)  
Net $ 16,549,294  
Interest Rate, Stated 6.375%  
Interest Rate, Effective 6.71%  
Maturity Date 12/30/2048  
CH Capital Retail [Member]    
Debt Instrument [Line Items]    
Gross $ 2,000,000  
Debt discount and deferred financing costs  
Net $ 2,000,000  
Interest Rate, Stated 8.80%  
Interest Rate, Effective 8.80%  
Maturity Date 9/27/2027  
Constellation EME #2 [Member]    
Debt Instrument [Line Items]    
Gross [7]   3,536,738
Debt discount and deferred financing costs [7]  
Net [7]   $ 3,536,738
[1] The Company had 3,600 and 1,800 shares of Series A Preferred Stock outstanding and 52,800 and 52,800 shares of Series A Preferred Stock authorized as of September 30, 2023 and December 31, 2022, respectively. The Series A Preferred Stock is required to be redeemed for cash after five years from the date of issuance.
[2] The Company has the option to extend the loan’s maturity date for three years, to July 1, 2030, if the Company meets certain criteria in terms of the hotel occupancy level and maintaining certain financial ratios.
[3] On March 1, 2022, the Company entered into amendments to certain of its IRG and IRG-affiliated notes payable. See discussion below for the accounting and assumptions used in the transactions.
[4] On November 7, 2022, the Company entered into amendments to certain of its IRG and IRG-affiliated notes payable. See discussion below for the accounting and assumptions used in the transactions.
[5] On March 1, 2022, HOF Village Hotel II, LLC, a subsidiary of the Company, entered into an amendment to the MKG DoubleTree Loan with the Company’s director, Stuart Lichter, as guarantor, and ErieBank, a division of CNB Bank, a wholly owned subsidiary of CNB Financial Corporation, as lender, which extended the maturity to September 13, 2023. The Company accounted for this amendment as a modification, and expensed approximately $38,000 in loan modification costs. In August 2023, the Company and CNB Bank further amended the loan to extend the maturity date to October 13, 2023 in order to facilitate a successful refinancing.  On October 12, 2023, the Company further amended this loan and extended its maturity date. See Note 13, Subsequent Events, for more information.
[6] On March 1, 2022, CH Capital Lending purchased and acquired, the Company’s $7.4 million Aquarian Mortgage Loan (as thereafter amended and acquired by CH Capital Lending, the “CH Capital Loan”).
[7] The Company also has a sponsorship agreement with Constellation New Energy, Inc., the lender of the Constellation EME #2 note.
[8] On March 1, 2022, pursuant to an Assignment of Promissory Note, dated March 1, 2022, IRG assigned (a) a one-half (½) interest in the IRG Note to IRG (the “IRG Split Note”) and (b) a one-half (½) interest in the IRG Note to JKP (the “JKP Split Note”). See “IRG Split Note” and “JKP Split Note”, below.
[9] See “CFP Loan”, below, for a description of the loan along with the valuation assumptions used to value the warrants issued in connection with the loan.