should be paid okay on preferreds; common divy likely canceled. AHR should have sufficient cash flow to continue paying for money borrowed on the preferreds, if not, why would anyone ever buy 'preferreds' again?
AHR cannot give stock as dividend payments for the preferred. They can suspend dividends for a period of time, but they are cumulative, so they won't do that unless absolutely necessary. Unlike with common stock, the dividend terms on the preferred are contractual.