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Earnings Per Share (Tables) | 6 Months Ended
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Jun. 30, 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 and six months ended June 30, 2023 and June 30, 2022:
| Three Months Ended June 30, |  |  | Six Months Ended June 30,
| 2023 |  | 2022 |  |  | 2023 |  | 2022
Basic Earnings Per Share |  |  |  |  |  |  |  |
Net Income | $ | 109,155,403 |  |  | $ | 72,404,403 |  |  |  | $ | 206,733,664 |  |  | $ | 159,933,028 |
Less: Dividends and undistributed earnings allocated to participating securities | 1,616,981 |  |  | 1,094,827 |  |  |  | 3,095,900 |  |  | 2,460,845 |
Net Income available to common shareholders | $ | 107,538,422 |  |  | $ | 71,309,576 |  |  |  | $ | 203,637,764 |  |  | $ | 157,472,183 |
Basic weighted average shares outstanding | 230,005,782 |  |  | 230,982,301 |  |  |  | 230,135,955 |  |  | 231,245,466 |
Net Income per share - Basic | $ | 0.47 |  |  | $ | 0.31 |  |  |  | $ | 0.88 |  |  | $ | 0.68 |
Diluted Earnings Per Share |  |  |  |  |  |  |  |
Allocation of Net Income used in basic computation | $ | 107,538,422 |  |  | $ | 71,309,576 |  |  |  | $ | 203,637,764 |  |  | $ | 157,472,183 |
Reallocation of undistributed earnings | 1,147 |  |  | 1,295 |  |  |  | 2,462 |  |  | 3,701 |
Net Income available to common shareholders - Diluted | $ | 107,539,569 |  |  | $ | 71,310,871 |  |  |  | $ | 203,640,226 |  |  | $ | 157,475,884 |
Number of shares used in basic computation | 230,005,782 |  |  | 230,982,301 |  |  |  | 230,135,955 |  |  | 231,245,466 |
Additional weighted average dilutive common stock equivalents | 222,568 |  |  | 456,483 |  |  |  | 255,153 |  |  | 544,919 |
Diluted weighted average shares outstanding | 230,228,350 |  |  | 231,438,784 |  |  |  | 230,391,108 |  |  | 231,790,385 |
Net Income per share - Diluted | $ | 0.47 |  |  | $ | 0.31 |  |  |  | $ | 0.88 |  |  | $ | 0.68 |
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive | 2,355,346 |  |  | 1,792,677 |  |  |  | 2,274,875 |  |  | 1,549,824 |

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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 -Topic 260 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 1 -Subparagraph (a) -Publisher FASB -URI https://asc.fasb.org//1943274/2147482662/260-10-50-1 + Details
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