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DIVIDENDS (Details) - USD ($) | 12 Months Ended
--- | ---
Dec. 31, 2020 | Dec. 31, 2019 | Dec. 31, 2018
Dividends |  |  |
Preferred dividends declared | $ 49,091 | $ 54,800 | $ 55,113
Series I, Class B |  |  |
Dividends |  |  |
Cumulative annual payments |  |  | 49,250
Preferred dividends declared | 10,041 | 48,000 | 48,625
Series II, Class B |  |  |
Dividends |  |  |
Cumulative annual payments | 171,200 | 171,200 |
Preferred dividends declared | $ 39,050 | $ 168,642 | $ 171,200

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- Definition Amount of paid and unpaid preferred stock dividends declared with the form of settlement in cash. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 405 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6957935&loc=d3e64057-112817 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 505 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.3-04) -URI http://asc.fasb.org/extlink&oid=27012166&loc=d3e187085-122770 + Details
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