DIVIDENDS	9 Months Ended
Sep. 30, 2019
DIVIDENDS
DIVIDENDS	8. DIVIDENDS The Board declared and the Company paid dividends in 2018 in the amounts of $12,313 and $42,800 paid to Series I Class B and Series II Class B Preferred Stockholders, respectively, on January 19, 2018, April 24, 2018, July 20, 2018, and October 23, 2018. The Board declared and the Company paid dividends in 2019 in the amounts of $12,313 and $42,800 paid to Series I Class B and Series II Class B Preferred Stockholders, respectively, on January 18, 2019 and April 22, 2019. Additionally, the Board declared and the Company paid dividends of $12,000 and $42,800 to Series I Class B and Series II Class B Preferred Stockholders, respectively, on July 19, 2019 and October 21, 2019. In the second quarter of 2019, shareholders converted a total of 2,500 shares of Series I Class B Preferred Stock and 6,000 shares of Series V Class B Preferred Stock into the same number of shares of Common Stock.

8. DIVIDENDS

The Board declared and the Company paid dividends in 2018 in the amounts of $12,313 and $42,800 paid to Series I Class B and Series II Class B Preferred Stockholders, respectively, on January 19, 2018, April 24, 2018, July 20, 2018, and October 23, 2018. The Board declared and the Company paid dividends in 2019 in the amounts of $12,313 and $42,800 paid to Series I Class B and Series II Class B Preferred Stockholders, respectively, on January 18, 2019 and April 22, 2019. Additionally, the Board declared and the Company paid dividends of $12,000 and $42,800 to Series I Class B and Series II Class B Preferred Stockholders, respectively, on July 19, 2019 and October 21, 2019.

In the second quarter of 2019, shareholders converted a total of 2,500 shares of Series I Class B Preferred Stock and 6,000 shares of Series V Class B Preferred Stock into the same number of shares of Common Stock.