<<<DIVIDEND IS SAFE........READ MY LIPS>>>>>>>>DIVIDEND IS SAFE.>>>
Your credibility will probably suffer here. This dog is losing the ability to borrow to pay the dividend, and will probably NEVER pay another.
Moreover, unlike most REITs, its assets are worthless. You cannot sell a prison on the market like a Holiday Inn to raise cash. Once you're broke, and make no mistake about it PZN is broke, to only choice is chapter eleven. PZN's creditors will foreclose on its assets, but even they will only recieve pennies on the dollar.