v3.26.1

CONSOLIDATED BALANCE SHEETS - USD ($)	Dec. 31, 2025	Dec. 31, 2024
ASSETS
Property and equipment, net	$ 92,460,809	$ 95,093,997
Cash	7,212,093	7,959,051
Restricted cash	3,650,865	3,102,506
Accounts receivable, net	196,765	147,788
Prepaid expenses and other assets, net	980,454	1,282,262
Total Assets	104,500,986	107,585,604
Liabilities
Mortgage notes payable, net	66,689,086	64,113,333
Accounts payable, accrued expenses and other, net	2,815,211	3,182,808
Due to related parties	$ 2,241,818	$ 2,103,107
Other Liability, Related Party [Extensible Enumeration]	Related Party, Affiliated Entity [Member]	Related Party, Affiliated Entity [Member]
Total Liabilities	$ 71,746,115	$ 69,399,248
Commitments and Contingencies
Noncontrolling interest of the Operating Partnership	1,413,060	1,380,214
Stockholders' Equity
Additional paid-in capital	47,364,893	47,363,988
Cumulative income	5,244,084	3,706,881
Cumulative distributions	(25,023,315)	(18,845,484)
Total Stockholders' Equity	27,645,606	32,285,278
Noncontrolling interest	3,696,205	4,520,864
Total Equity	31,341,811	36,806,142
Total Liabilities and Stockholders' Equity	104,500,986	107,585,604
Class K Common Stock
Stockholders' Equity
Common stock, value	38,527	38,831
Class K-I Common Stock
Stockholders' Equity
Common stock, value	14,353	13,998
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-K