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CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Revenues    
Revenues $ 3,832,506 $ 604,490
Expenses    
General and administrative 1,388,284 655,151
Sales and marketing 371,070 176,562
Property operations 1,650,313 250,698
Franchise fees 319,901 54,085
Property management fees 395,204 59,898
Acquisition expense 72,995 188,121
Depreciation 818,401 103,589
Total expenses 5,016,168 1,488,104
Other Income (Expense)    
Other income (expense), net (72,524) (40,023)
Interest expense (735,766) (161,502)
Total other income (expense) (808,290) (201,525)
Net Loss Before Income Taxes (1,991,952) (1,085,139)
Income tax benefit 607,916 59,556
Net loss (1,384,036) (1,025,583)
Net loss attributable to non-controlling interest (69,156) (50,563)
Net Loss Attributable to Common Stockholders $ (1,314,880) $ (975,020)
Basic and Diluted Net Loss Per Share of Common Stock $ (0.20) $ (0.65)
Weighted-average Shares of Common Stock Outstanding, Basic and Diluted 6,539,024 1,504,416
Room    
Revenues    
Revenues $ 3,777,730 $ 601,289
Other    
Revenues    
Revenues $ 54,776 $ 3,201