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STOCKHOLDER DIVIDENDS (Tables)
12 Months Ended
Jun. 30, 2024
STOCKHOLDER DIVIDENDS [Abstract]  
Stockholder Dividends

The following table reflects the dividends per share that we have declared on our common stock and preferred stock during the year ended June 30, 2024:



   
Dividends
 
   
Common Stock
   
Series A Preferred Stock
   
Series B Preferred Stock
 
During the Quarter Ended
 
Per Share
   
Amount
   
Per Share
   
Amount
   
Per Share
   
Amount
 
September 30, 2023
 
$
0.125
   
$
1,652,688
   
$
0.375
   
$
268,383
   
$
-
   
$
-
 
December 31, 2023
   
0.125
     
1,652,367
     
0.375
     
276,600
     
0.750
     
2,222
 
March 31, 2024
   
0.125
     
1,660,225
     
0.375
     
281,770
     
0.750
     
8,078
 
June 30, 2024
   
0.125
     
1,662,826
     
0.375
     
284,737
     
0.750
     
31,696
 
   
$
0.500
   
$
6,628,106
   
$
1.500
   
$
1,111,490
   
$
2.250
   
$
41,996
*


* Of the total dividends declared for Series B during the year ended June 30, 2024, $31,497 was an increase in liquidation preference and $10,451 was the cash dividend.

The following table reflects the distributions declared by the Operating Partnership for the Class A and Preferred unit holders during the year ended June 30, 2024:

   
Distributions
 
   
Class A Units
   
Series A Preferred Units
   
Series B Preferred Units
 
During the Quarter Ended
 
Per Share
   
Amount
   
Per Share
   
Amount
   
Per Share
   
Amount
 
September 30, 2023
 
$
0.125
   
$
10,372
   
$
0.375
   
$
177,930
   
$
-
   
$
-
 
December 31, 2023
   
0.125
     
10,372
     
0.375
     
178,277
     
-
     
-
 
March 31, 2024
   
0.125
     
10,373
     
0.375
     
323,681
     
-
     
-
 
June 30, 2024
   
0.125
     
10,279
     
0.375
     
342,654
     
0.750
     
21,606
 
   
$
0.500
   
$
41,396
   
$
1.500
   
$
1,022,542
   
$
0.750
   
$
21,606
*

* Of the total dividends declared for Series B during the year ended June 30, 2024, $16,205 was an increase in liquidation preference and $5,402 was the cash dividend.



The following table reflects the dividends per share that we have declared on our common stock and preferred stock during the year ended June 30, 2023:



 
Dividends
 

 
Common Stock
   
Series A Preferred Stock
 
During the Quarter Ended
 
Per Share
   
Amount
   
Per Share
   
Amount
 
September 30, 2022
 
$
0.105
   
$
1,390,290
   
$
0.375
   
$
87,884
 
December 31, 2022
   
0.110
     
1,456,391
     
0.375
     
155,909
 
March 31, 2023
   
0.115
     
1,520,985
     
0.375
     
209,620
 
June 30, 2023
   
0.120
     
1,586,863
     
0.375
     
242,188
 

 
$
0.450
   
$
5,954,529
   
$
1.500
   
$
695,601
 


The following table reflects the distributions declared by the Operating Partnership for the Class A and Preferred unit holders during the year ended June 30, 2023:

   
Distributions
 
   
Class A Units
   
Preferred Units
 
During the Quarter Ended
 
Per Share
   
Amount
   
Per Share
   
Amount
 
September 30, 2022
 
$
0.105
   
$
9,403
   
$
0.375
   
$
107,626
 
December 31, 2022
   
0.110
     
9,851
     
0.375
     
122,884
 
March 31, 2023
   
0.115
     
10,299
     
0.375
     
177,222
 
June 30, 2023
   
0.120
     
10,229
     
0.375
     
177,589
 
   
$
0.450
   
$
39,782
   
$
1.500
   
$
585,321