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PREFERRED STOCK AND STOCKHOLDERS’ DEFICIT (Tables)
12 Months Ended
Dec. 31, 2018
Equity [Abstract]  
Carrying value of Series A and C Preferred Stock
The following table sets forth the activity recorded during the years ended December 31, 2018 and 2017 related to the Series A Preferred Stock (in thousands):
Series A Preferred Stock carrying value at December 31, 2016
$
2,462

Dividends and discount accretion through December 31, 2017 1
365

Series A Preferred Stock carrying value at December 31, 2017
$
2,827

Dividends and discount accretion through December 31, 2018 1
404

Series A Preferred Stock carrying value at December 31, 2018
$
3,231


1 Dividends recorded reflect the increase in the Liquidation Preference associated with unpaid dividends.
The following table sets forth the activity recorded during the years ended December 31, 2018 and 2017 related to the Series C Preferred Stock (in thousands):
Series C Preferred Stock carrying value at December 31, 2016
$
69,540

Dividends and discount accretion through December 31, 2017 1
9,712

Series C Preferred Stock carrying value at December 31, 2017
$
79,252

Dividends and discount accretion through December 31, 2018 1
10,806

Series C Preferred Stock carrying value at December 31, 2018
$
90,058


1 Dividends recorded reflect the increase in the Liquidation Preference associated with unpaid dividends.