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Earnings Per Share (Tables)
 3 Months Ended
Mar. 31, 2022
Earnings Per Share [Abstract]  
Schedule of Calculation of Basic and Diluted Earnings per Share
The following table sets forth the calculation of the basic and diluted earnings per share for the period:
Three Months Ended March 31,
20222021
Net income$1,036,608 $2,777,338 
Net income attributable to non-controlling interest(982,896)(2,653,636)
Net income attributable to Rocket Companies53,712 123,702 
Add: Reallocation of Net income attributable to vested, undelivered stock awards32 80 
Net income attributable to common shareholders$53,744 $123,782 
Numerator:
Net income attributable to Class A common shareholders - basic$53,744 $123,782 
Add: Reallocation of net income attributable to dilutive impact of pro-forma conversion of Class D shares to Class A shares (1)744,379 — 
Add: Reallocation of net income attributable to dilutive impact of share-based compensation awards (2)1,418 6,349 
Net income attributable to Class A common shareholders - diluted$799,541 $130,131 
Denominator:
Weighted average shares of Class A common stock outstanding - basic122,691,728115,673,524
Add: Dilutive impact of conversion of Class D shares to Class A shares1,848,879,483—
Add: Dilutive impact of share-based compensation awards (3)3,807,9216,338,392
Weighted average shares of Class A common stock outstanding - diluted1,975,379,132122,011,916
Earnings per share of Class A common stock outstanding - basic$0.44 $1.07 
Earnings per share of Class A common stock outstanding - diluted$0.40 $1.07 

(1)     Net income calculated using the estimated annual effective tax rate of Rocket Companies, Inc.

(2)     Reallocation of net income attributable to dilutive impact of share-based compensation awards for the three months ended March 31, 2022 and 2021 comprised of $1,356 and $5,889 related to restricted stock units, zero and $422 related to stock options and $62 and $38 related to TMSPP.
(3)     Dilutive impact of share-based compensation awards for the three months ended March 31, 2022 and 2021 comprised of 3,640,391 and 5,879,491 related to restricted stock units, zero and 421,267 related to stock options and 167,530 and 37,634 related to TMSPP.