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Stock-Based Compensation (Tables) | 12 Months Ended
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Dec. 31, 2023
Stock Based Compensation [Abstract] |
Schedule of Share based Payment Award Restricted Stock Valuation Assumptions | The following is a summary of the key assumptions used in the valuation calculations for market based awards granted during the years ended December 31, 2023, 2022 and 2021:
|  | 2023 |  | 2022 |  | 2021
Risk free rate |  | 4.096% |  | 1.010% |  | 0.161%
Dividend yield |  | 3.550% |  | 2.024% |  | 3.341%
Volatility |  | 28.99% |  | 25.84% |  | 28.04%
Requisite service period |  | 3 years |  | 3 years |  | 3 years
Nonvested Restricted Stock Shares Activity | A summary of the status of the nonvested restricted shares as of December 31, 2023, and the changes for the year ended December 31, 2023, is presented below:
Nonvested Shares |  | Shares |  |  | Weighted Average Grant-Date Fair Value |
Nonvested as of January 1, 2023 |  |  | 125,765 |  |  | $ | 136.60 |
Issued |  |  | 131,090 |  |  |  | 128.71 |
Vested |  |  | (159,590 | ) |  |  | 108.41 |
Forfeited |  |  | (835 | ) |  |  | 176.55 |
Nonvested as of December 31, 2023 |  |  | 96,430 |  |  | $ | 172.18 |

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- Definition Schedule of Share-based Payment Award, Restricted Stock, Valuation Assumptions [Table Text Block] + References No definition available. + Details
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- Definition Stock Based Compensation [Abstract] + References No definition available. + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested restricted stock shares. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Section 50 -Subparagraph (c) -Paragraph 2 -SubTopic 10 -Topic 718 -Publisher FASB -URI https://asc.fasb.org//1943274/2147480429/718-10-50-2 + Details
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