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BASIS OF PRESENTATION (Tables)
3 Months Ended
Mar. 31, 2022
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 March 31, 2022 and December 31, 2021 are summarized as follows:
    Dividend Per Share  (1)
Shares Outstanding  Three Months Ended March 31,
SeriesMarch 31, 2022December 31, 2021Aggregate Liquidation PreferenceDistribution Rate20222021
Series C3,000,000 3,000,000 $75,000 6.875 %$0.4297 $2.1485 
Series D7,701,700 7,701,700 $192,500 6.500 %$0.4063 $2.0313 
Series E4,001,514 4,001,514 $100,000 6.500 %$0.4063 $2.0313 
Total14,703,214 14,703,214     

During the three months ended March 31, 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 declared a cash dividend for the first dividend period ending April 15, 2021, which was paid on April 15, 2021 to holders of record as of April 1, 2021.