v3.26.1

CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)	Mar. 31, 2026	Dec. 31, 2025
ASSETS
Property and equipment, net	$ 91,679,321	$ 92,460,809
Cash	5,776,201	7,212,093
Restricted cash	3,946,909	3,650,865
Accounts receivable, net	170,718	196,765
Prepaid expenses and other assets, net	681,435	980,454
Total Assets	102,254,584	104,500,986
Liabilities
Mortgage notes payable, net	66,681,888	66,689,086
Accounts payable, accrued expenses and other, net	3,413,260	2,815,211
Due to related parties	$ 2,177,118	$ 2,241,818
Other Liability, Related Party [Extensible Enumeration]	Related Party, Affiliated Entity [Member]	Related Party, Affiliated Entity [Member]
Total Liabilities	$ 72,272,266	$ 71,746,115
Commitments and Contingencies
Noncontrolling interest of the Operating Partnership	1,372,485	1,413,060
Stockholders' Equity
Additional paid-in capital	47,359,874	47,364,893
Cumulative income	3,384,183	5,244,084
Cumulative distributions	(25,980,115)	(25,023,315)
Total Stockholders' Equity	24,823,898	27,645,606
Noncontrolling interest	3,785,935	3,696,205
Total Equity	28,609,833	31,341,811
Total Liabilities and Stockholders' Equity	102,254,584	104,500,986
Class K Common Stock
Stockholders' Equity
Common stock, value	38,463	38,527
Class K-I Common Stock
Stockholders' Equity
Common stock, value	14,429	14,353
Class A Common Stock
Stockholders' Equity
Common stock, value	5,814	5,814
Class B Common Stock
Stockholders' Equity
Common stock, value	$ 1,250	$ 1,250

Sum of the carrying values as of the balance sheet date of obligations incurred through that date, including liabilities incurred and payable to vendors for goods and services received, taxes, interest, rent and utilities, compensation costs, payroll taxes and fringe benefits (other than pension and postretirement obligations), contractual rights and obligations, and statutory obligations.

PROCACCIANTI HOTEL REIT, INC. 10-Q