EQUITY (Tables)

12 Months Ended

Dec. 31, 2023

Stockholders' Equity Note [Abstract]

Summary of Cash Dividends Declared

The following table presents cash dividends declared by the Company on its common stock for the year ended December 31, 2023:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Weighted Average Share
March 16, 2023	March 31, 2023	April 17, 2023	$	3,133,869	$	0.060
June 14, 2023	June 30, 2023	July 17, 2023	$	3,133,869	$	0.060
September 14, 2023	September 29, 2023	October 16, 2023	$	3,656,181	$	0.070
December 12, 2023	December 29, 2023	January 16, 2024	$	3,657,404	$	0.070

The following table presents cash dividends declared by the Company on its Series A Preferred stock for the year ended December 31, 2023:

Declaration Date	Record Date	Payment Date	Dividend Amount		Cash Dividend Per Weighted Average Share
March 16, 2023	April 3, 2023	April 17, 2023	$	1,181,250	$	0.49219
June 14, 2023	July 3, 2023	July 17, 2023	$	1,181,250	$	0.49219
September 14, 2023	October 2, 2023	October 16, 2023	$	1,181,250	$	0.49219
December 12, 2023	January 2, 2024	January 16, 2024	$	1,181,250	$	0.49219