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Consolidated Statements of Shareholders’ Equity and Redeemable Noncontrolling Interest (unaudited) - USD ($)
Total
Common Stock
Deferred Equity Compensation
Retained Earnings
Beginning balance (shares) at Dec. 31, 2019   3,294,672    
Beginning Balance at Dec. 31, 2019 $ 192,855,681 $ 95,853,477 $ (20,331,890) $ 117,334,094
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   16,865    
Issuance of restricted stock grants   $ 1,810,399 (1,810,399)  
Amortization of restricted stock grants 2,346,823   2,346,823  
Issuance of stock grants (in shares)   23,640    
Issuance of stock grants 3,396,359 $ 3,396,359    
Issuance of common stock related to 401k plan match (in shares)   11,719    
Issuance of common stock related to 401k plan match 1,289,108 $ 1,289,108    
Shares withheld related to employee tax withholding (in shares)   (15,432)    
Shares withheld related to employee tax withholding (1,483,030) $ (1,483,030)    
Forfeiture of restricted stock grants (shares)   (14,525)    
Forfeiture of restricted stock grants   $ (2,691,994) 2,691,994  
Repurchase of common stock (shares)   (104,015)    
Repurchase of common stock (11,984,473) $ (11,984,473)    
Net income 13,730,798     13,730,798
Ending balance (shares) at Jun. 30, 2020   3,212,924    
Ending Balance at Jun. 30, 2020 200,151,266 $ 86,189,846 (17,103,472) 131,064,892
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2019 14,178,824      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 2,620,687      
Net subscriptions of consolidated funds (1,986,415)      
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2020 9,571,722      
Beginning balance (shares) at Mar. 31, 2020   3,247,515    
Beginning Balance at Mar. 31, 2020 190,779,920 $ 90,602,468 (18,686,750) 118,864,202
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   13,015    
Issuance of restricted stock grants   $ 1,462,975 (1,462,975)  
Amortization of restricted stock grants 560,606   560,606  
Issuance of common stock related to 401k plan match (in shares)   6,403    
Issuance of common stock related to 401k plan match 642,008 $ 642,008    
Shares withheld related to employee tax withholding (in shares)   (13,631)    
Shares withheld related to employee tax withholding (1,230,062) $ (1,230,062)    
Forfeiture of restricted stock grants (shares)   (13,300)    
Forfeiture of restricted stock grants   $ (2,485,647) 2,485,647  
Repurchase of common stock (shares)   (27,078)    
Repurchase of common stock (2,801,896) $ (2,801,896)    
Net income 12,200,690     12,200,690
Ending balance (shares) at Jun. 30, 2020   3,212,924    
Ending Balance at Jun. 30, 2020 200,151,266 $ 86,189,846 (17,103,472) 131,064,892
Beginning balance attributable to redeemable noncontrolling Interests at Mar. 31, 2020 9,554,350      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest (1,437,789)      
Net subscriptions of consolidated funds (1,420,417)      
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2020 $ 9,571,722      
Beginning balance (shares) at Dec. 31, 2020 3,168,823 3,168,823    
Beginning Balance at Dec. 31, 2020 $ 184,080,753 $ 80,810,946 (14,748,118) 118,017,925
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   67,777    
Issuance of restricted stock grants   $ 10,712,315 (10,712,315)  
Amortization of restricted stock grants 3,108,995   3,108,995  
Issuance of stock grants (in shares)   3,681    
Issuance of stock grants 529,806 $ 529,806    
Issuance of common stock related to 401k plan match (in shares)   296    
Issuance of common stock related to 401k plan match 48,000 $ 48,000    
Issuance of common stock related to employee stock purchase plan (in shares)   3,083    
Issuance of common stock related to employee stock purchase plan 525,374 $ 525,374    
Shares withheld related to employee tax withholding (in shares)   (4,482)    
Shares withheld related to employee tax withholding (687,583) $ (687,583)    
Forfeiture of restricted stock grants (shares)   (18,397)    
Forfeiture of restricted stock grants   $ (3,121,613) 3,121,613  
Repurchase of common stock (shares)   (12,759)    
Repurchase of common stock (1,928,651) $ (1,928,651)    
Cash dividend paid of $1.00 per share (6,343,500)     (6,343,500)
Net income $ 30,573,341     30,573,341
Ending balance (shares) at Jun. 30, 2021 3,208,022 3,208,022    
Ending Balance at Jun. 30, 2021 $ 209,906,535 $ 86,888,594 (19,229,825) 142,247,766
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2020 9,372,333      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest (1,315,810)      
Net subscriptions of consolidated funds 3,531,713      
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2021 14,219,856      
Beginning balance (shares) at Mar. 31, 2021   3,197,634    
Beginning Balance at Mar. 31, 2021 194,441,078 $ 85,303,452 (19,440,920) 128,578,546
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   15,343    
Issuance of restricted stock grants   $ 2,551,601 (2,551,601)  
Amortization of restricted stock grants 1,711,863   1,711,863  
Issuance of common stock related to 401k plan match (in shares)   142    
Issuance of common stock related to 401k plan match 24,000 $ 24,000    
Issuance of common stock related to employee stock purchase plan (in shares)   3,083    
Issuance of common stock related to employee stock purchase plan 525,374 $ 525,374    
Shares withheld related to employee tax withholding (in shares)   (2,753)    
Shares withheld related to employee tax withholding (429,495) $ (429,495)    
Forfeiture of restricted stock grants (shares)   (5,197)    
Forfeiture of restricted stock grants   $ (1,050,833) 1,050,833  
Repurchase of common stock (shares)   (230)    
Repurchase of common stock (35,505) $ (35,505)    
Cash dividend paid of $1.00 per share (3,195,610)     (3,195,610)
Net income $ 16,864,830     16,864,830
Ending balance (shares) at Jun. 30, 2021 3,208,022 3,208,022    
Ending Balance at Jun. 30, 2021 $ 209,906,535 $ 86,888,594 $ (19,229,825) $ 142,247,766
Beginning balance attributable to redeemable noncontrolling Interests at Mar. 31, 2021 10,665,146      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest (761,708)      
Net subscriptions of consolidated funds 2,793,002      
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2021 $ 14,219,856