EQUITY (Tables)

12 Months Ended

Dec. 31, 2019

Stockholders' Equity Note [Abstract]

Cash Dividends Declared

The following table presents cash dividends declared by the Company on its common stock for the year ended December 31, 2019:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Weighted Average Share
March 18, 2019	March 29, 2019	April 15, 2019	$	1,658,135	$	0.07000
June 10, 2019	June 28, 2019	July 15, 2019	$	1,776,575	$	0.07500
September 17, 2019	September 30, 2019	October 15, 2019	$	1,776,575	$	0.07500
December 4, 2019	December 31, 2019	January 15, 2020	$	1,776,912	$	0.07500

The following table presents cash dividends declared by the Company on its Series A Preferred Stock for the year ended December 31, 2019:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Weighted Average Share
December 7, 2018	January 15, 2019	January 28, 2019	$	332,626	$	0.20660
December 7, 2018	February 14, 2019	February 14, 2019	$	188,488	$	0.11710