PREFERRED STOCK AND STOCKHOLDERS' DEFICIT (Tables)

3 Months Ended

Mar. 31, 2019

Equity [Abstract]

Carrying value and activity of Preferred Shares

The following table sets forth the activity recorded during the three months ended March 31, 2019 related to the Series C Preferred Stock (in thousands):

Series C Preferred Stock carrying value at December 31, 2018	$	90,058
Dividends and discount accretion through March 31, 2019 1	2,851
Series C Preferred Stock carrying value March 31, 2019	$	92,909

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

The following table sets forth the activity recorded during the three months ended March 31, 2019 related to the Series A Preferred Stock (in thousands):

Series A Preferred Stock carrying value at December 31, 2018	$	3,231
Dividends and discount accretion through March 31, 2019 1	106
Series A Preferred Stock carrying value March 31, 2019	$	3,337

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