SERIES A REDEEMABLE CONVERTIBLE CUMLATIVE PREFERRED STOCK (Details) - $ / shares |
Dec. 31, 2019 |
Dec. 31, 2018 |
Dec. 31, 2016 |
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Preferred stock authorized | 10,000,000 | 10,000,000 | 10,000,000 |
Series A Convertible Preferred Stock [Member] | |||
Preferred stock authorized | 10,000,000 | ||
Preferred stock issued | 500,000 | ||
Liquidation preference | $ 10 | ||
Accrued and unpaid dividends per share by the conversion price | $ 88.20 | ||
Cumulative cash dividends annual rate | 8.00% |
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- Definition Cumulative cash dividends at an annual rate. No definition available.
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- Definition The price per share of the conversion feature embedded in the debt instrument. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The per share liquidation preference (or restrictions) of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) that has a preference in involuntary liquidation considerably in excess of the par or stated value of the shares. The liquidation preference is the difference between the preference in liquidation and the par or stated values of the share. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Definition Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt. Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
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- Details
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