STOCKHOLDERS' DEFICIT (Tables)

3 Months Ended

Mar. 31, 2018

Equity [Abstract]

Carrying value and activity of Preferred Shares

The following table sets forth the activity recorded during the three months ended March 31, 2018 related to the Series A Preferred Stock (in thousands):

Series A Preferred Stock carrying value at December 31, 2017	$	2,827
Accretion of discount related to issuance costs	13
Dividends recorded through March 31, 2018 1	83
Series A Preferred Stock carrying value March 31, 2018	$	2,923

¹ Dividends recorded reflect the increase in the Liquidation Preference associated with unpaid dividends.

The following table sets forth the activity recorded during the three months ended March 31, 2018 related to the Series C Preferred Stock (in thousands):

Series C Preferred Stock carrying value at December 31, 2017	$	79,252
Accretion of discount related to issuance costs	163
Dividends recorded through March 31, 2018 1	2,398
Series C Preferred Stock carrying value March 31, 2018	$	81,813

¹ Dividends recorded reflect the increase in the Liquidation Preference associated with unpaid dividends.