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Earnings per Common Share | 9 Months Ended
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Sep. 30, 2019
Earnings Per Share [Abstract] |
Earnings per Common Share | Earnings per Common Share Presented below is a summary of the components used to calculate basic and diluted earnings per share. The Company applies the two-class method in computing both basic and diluted earnings per share, which requires the calculation of separate earnings per share amounts for common stock and unvested share-based awards. Unvested share-based awards that contain nonforfeitable rights to dividends are considered securities which participate in undistributed earnings with common stock.
| Three months ended September 30, |  |  |  |  |  |  |  |  |  |
| 2019 |  |  |  |  |  | 2018 |  |  |  |
| Common shareholders |  |  | Unvested restricted stock shareholders |  |  | Total |  |  | Common shareholders |  |  | Unvested restricted stock shareholders |  |  | Total |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Nelnet, Inc. | $ | 32,778 |  |  | 434 |  |  | 33,212 |  |  | 42,354 |  |  | 573 |  |  | 42,927 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic and diluted | 39,356,311 |  |  | 520,818 |  |  | 39,877,129 |  |  | 40,441,783 |  |  | 547,182 |  |  | 40,988,965 |
Earnings per share - basic and diluted | $ | 0.83 |  |  | 0.83 |  |  | 0.83 |  |  | 1.05 |  |  | 1.05 |  |  | 1.05 |
| Nine months ended September 30, |  |  |  |  |  |  |  |  |  |
| 2019 |  |  |  |  |  | 2018 |  |  |  |
| Common shareholders |  |  | Unvested restricted stock shareholders |  |  | Total |  |  | Common shareholders |  |  | Unvested restricted stock shareholders |  |  | Total |
Numerator: |  |  |  |  |  |  |  |  |  |  |
Net income attributable to Nelnet, Inc. | $ | 98,125 |  |  | 1,298 |  |  | 99,423 |  |  | 203,881 |  |  | 2,406 |  |  | 206,287 |
Denominator: |  |  |  |  |  |  |  |  |  |  |
Weighted-average common shares outstanding - basic and diluted | 39,574,868 |  |  | 523,478 |  |  | 40,098,346 |  |  | 40,464,638 |  |  | 477,539 |  |  | 40,942,177 |
Earnings per share - basic and diluted | $ | 2.48 |  |  | 2.48 |  |  | 2.48 |  |  | 5.04 |  |  | 5.04 |  |  | 5.04 |

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- Definition The entire disclosure for earnings per share. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -URI http://asc.fasb.org/topic&trid=2144383 + Details
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