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INVESTMENT IN HOTEL PROPERTIES - Acquisitions (Details)
3 Months Ended 12 Months Ended
Feb. 21, 2020
USD ($)
room
Jan. 08, 2020
USD ($)
room
Dec. 30, 2019
USD ($)
room
Jul. 11, 2019
USD ($)
room
Jun. 19, 2019
USD ($)
room
Mar. 19, 2019
USD ($)
room
Mar. 31, 2020
USD ($)
property
room
Dec. 31, 2019
USD ($)
property
room
Acquisitions                
Number of Rooms | room             200 423
Purchase Price             $ 35,650,000 $ 56,747,358
Transaction Costs             941,521 1,222,867
Total             $ 36,591,521 $ 57,970,225
Other disclosures                
Management agreement, automatic renewal term             5 years  
Fairfield Inn & Suites (the "Lubbock Property")                
Acquisitions                
Number of Rooms | room   101            
Purchase Price   $ 15,150,000            
Transaction Costs   496,431            
Total   $ 15,646,431            
Interest (as a percent)   100.00%            
Homewood Suites (the "Southaven Property")                
Acquisitions                
Number of Rooms | room 99              
Purchase Price $ 20,500,000              
Transaction Costs 445,090              
Total $ 20,945,090              
Interest (as a percent) 100.00%              
Hampton Inn & Suites(the "Pineville Property")                
Acquisitions                
Number of Rooms | room           111    
Purchase Price           $ 13,897,358    
Transaction Costs           303,744    
Total           $ 14,201,102    
Interest (as a percent)           100.00%    
Other disclosures                
Liquidated damage payable           $ 1,000,000    
Hampton Inn (the "Eagan Property")                
Acquisitions                
Number of Rooms | room         122      
Purchase Price         $ 13,950,000      
Transaction Costs         278,333      
Total         $ 14,228,333      
Interest (as a percent)         100.00%      
Home2 Suites (the "Prattville Property")                
Acquisitions                
Number of Rooms | room       90        
Purchase Price       $ 14,750,000        
Transaction Costs       356,014        
Total       $ 15,106,014        
Interest (as a percent)       100.00%        
Home2 Suites (the “Lubbock Home2 Property”)                
Acquisitions                
Number of Rooms | room     100          
Purchase Price     $ 14,150,000          
Transaction Costs     284,776          
Total     $ 14,434,776          
Interest (as a percent)     100.00%          
Asset Acquisitions 2020                
Other disclosures                
Number of properties acquired | property             2  
Asset Acquisitions 2019                
Other disclosures                
Number of properties acquired | property               4