BASIS OF PRESENTATION (Tables)

6 Months Ended

Jun. 30, 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 June 30, 2022 and December 31, 2021 are summarized as follows:

							Dividend Per Share  (1)
	Shares Outstanding						Six Months Ended June 30,
Series	June 30, 2022	December 31, 2021	Aggregate Liquidation Preference		Distribution Rate		2022		2021
Series C	3,000,000	3,000,000	$	75,000	6.875	%	$	0.8594	$	2.5782
Series D	7,701,700	7,701,700	$	192,500	6.500	%	$	0.8126	$	2.4378
Series E	4,001,514	4,001,514	$	100,000	6.500	%	$	0.8126	$	2.4378
Total	14,703,214	14,703,214

(1) During the six months ended June 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 first dividend period ending April 15, 2021 and declared a similar cash dividend for the second dividend period ending July 15, 2021, which was paid July 15, 2021 to holders of record as of July 1, 2021. The Company is current on dividend obligations on all Series of cumulative redeemable preferred stock as of June 30, 2022.