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STOCKHOLDERS' EQUITY (Tables)
9 Months Ended
Sep. 30, 2018
Stockholders' Equity Note [Abstract]  
Cash Dividends Declared
The following table presents cash dividends declared by the Company on its common stock during the nine months ended September 30, 2018:
Declaration Date
 
Record Date
 
Payment Date
 
Dividend Amount
 
Cash Dividend Per Weighted Average Share
January 5, 2018
 
January 16, 2018
 
January 30, 2018
 
$
737,388

 
$
0.03126

January 5, 2018
 
February 15, 2018
 
February 27, 2018
 
$
788,649

 
$
0.03343

January 5, 2018
 
March 15, 2018
 
March 29, 2018
 
$
788,649

 
$
0.03343

March 16, 2018
 
April 16, 2018
 
April 27, 2018
 
$
473,663

 
$
0.02008

March 16, 2018
 
May 15, 2018
 
May 30, 2018
 
$
473,663

 
$
0.02008

March 16, 2018
 
June 15, 2018
 
June 29, 2018
 
$
473,663

 
$
0.02008

September 10, 2018
 
September 28, 2018
 
October 15, 2018
 
$
1,421,260

 
$
0.06025


The following table presents cash dividends declared by the Company on its Series A Preferred Stock for the nine months ended September 30, 2018:
Declaration Date
 
Record Date
 
Payment Date
 
Dividend Amount
 
Cash Dividend Per Weighted Average Share
January 5, 2018
 
January 16, 2018
 
January 30, 2018
 
$
293,503

 
$
0.18230

January 5, 2018
 
February 15, 2018
 
February 27, 2018
 
$
293,503

 
$
0.18230

January 5, 2018
 
March 15, 2018
 
March 29, 2018
 
$
293,503

 
$
0.18230

March 16, 2018
 
April 16, 2018
 
April 27, 2018
 
$
293,503

 
$
0.18230

March 16, 2018
 
May 15, 2018
 
May 30, 2018
 
$
293,503

 
$
0.18230

March 16, 2018
 
June 15, 2018
 
June 29, 2018
 
$
293,503

 
$
0.18230

July 3, 2018
 
July 16, 2018
 
July 27, 2018
 
$
293,503

 
$
0.18230

July 3, 2018
 
August 15, 2018
 
August 27, 2018
 
$
293,503

 
$
0.18230

July 3, 2018
 
September 17, 2018
 
September 27, 2018
 
$
293,503

 
$
0.18230