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EQUITY (Notes)
3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
EQUITY
EQUITY

Dividends - Holders of our common stock share equally in any dividend declared by our Board of Directors, subject to the rights of the holders of outstanding preferred stock. Dividends paid on our common stock in February 2020 were $0.935 per share. A dividend of $0.935 per share was declared for shareholders of record at the close of business on April 27, 2020, payable May 14, 2020.

The Series E Preferred Stock pays quarterly dividends on each share of Series E Preferred Stock, when, as and if declared by our Board of Directors, at a rate of 5.5% per year. We paid dividends for the Series E Preferred Stock of $0.3 million in February 2020. Dividends totaling $0.3 million were declared for the Series E Preferred Stock and are payable May 14, 2020.