BASIS OF PRESENTATION (Tables)

9 Months Ended

Sep. 30, 2021

Organization, Consolidation and Presentation of Financial Statements [Abstract]

Schedule of preferred stock

Terms of the Series C, Series D, and Series E Preferred Shares outstanding at September 30, 2021 and December 31, 2020 are summarized as follows:

							Dividend Per Share  (1)
	Shares Outstanding						Nine Months Ended September 30,
Series	September 30, 2021	December 31, 2020	Aggregate Liquidation Preference		Distribution Rate		2021		2020
Series C	3,000,000	3,000,000	$	75,000	6.875	%	$	3.0079	$	—
Series D	7,701,700	7,701,700	$	192,500	6.500	%	$	2.8438	$	—
Series E	4,001,514	4,001,514	$	100,000	6.500	%	$	2.8438	$	—
Total	14,703,214	14,703,214

NOTE 1 - BASIS OF PRESENTATION (CONTINUED)(1) During the nine months ended September 30, 2020, we suspended the payment of our preferred dividends. During the nine months ended September 30, 2021, the Company paid cash dividends on the Company's Series C, Series D and Series E cumulative redeemable preferred stock reflecting accrued and unpaid dividends for the dividend periods ended April 15, 2020, July 15, 2020, October 15, 2020 and January 15, 2021. In addition, the Company paid a cash dividend on all Series of cumulative redeemable preferred stock for the dividend periods ending April 15, 2021 and July 15, 2021, and declared a similar cash dividend for the third dividend period ending October 15, 2021, which was paid on October 15, 2021 to holders of record as of October 1, 2021.