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Earnings Per Share (Tables) | 3 Months Ended
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Mar. 31, 2023
Earnings Per Share [Abstract] |
Schedule of Earnings Per Share Basic and Diluted | The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three months ended March 31, 2023 and March 31, 2022:
|  |  |  | Three Months Ended March 31,
|  |  |  |  |  | 2023 |  | 2022
Basic Earnings Per Share |  |  |  |  |  |  |  |
Net Income |  |  |  |  |  | $ | 97,578,261 |  |  | $ | 87,528,626 |
Less: Dividends and undistributed earnings allocated to participating securities |  |  |  |  |  | 1,456,913 |  |  | 1,360,047 |
Net Income available to common shareholders |  |  |  |  |  | $ | 96,121,348 |  |  | $ | 86,168,579 |
Basic weighted average shares outstanding |  |  |  |  |  | 230,605,626 |  |  | 232,151,296 |
Net Income per share - Basic |  |  |  |  |  | $ | 0.42 |  |  | $ | 0.37 |
Diluted Earnings Per Share |  |  |  |  |  |  |  |
Allocation of Net Income used in basic computation |  |  |  |  |  | $ | 96,121,348 |  |  | $ | 86,168,579 |
Reallocation of undistributed earnings |  |  |  |  |  | 1,276 |  |  | 2,500 |
Net Income available to common shareholders - Diluted |  |  |  |  |  | $ | 96,122,624 |  |  | $ | 86,171,079 |
Number of shares used in basic computation |  |  |  |  |  | 230,605,626 |  |  | 232,151,296 |
Additional weighted average dilutive common stock equivalents |  |  |  |  |  | 290,220 |  |  | 638,515 |
Diluted weighted average shares outstanding |  |  |  |  |  | 230,895,846 |  |  | 232,789,811 |
Net Income per share - Diluted |  |  |  |  |  | $ | 0.42 |  |  | $ | 0.37 |
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive |  |  |  |  |  | 1,810,685 |  |  | 1,572,223 |

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- Definition Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI https://asc.fasb.org/extlink&oid=124432515&loc=d3e3550-109257 + Details
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