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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)   18,749    
Issuance of restricted stock grants   $ 2,048,386 (2,048,386)  
Amortization of restricted stock grants 3,793,978   3,793,978  
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)   17,042    
Issuance of common stock related to 401k plan match 1,934,457 $ 1,934,457    
Shares withheld related to employee tax withholding (in shares)   (16,235)    
Shares withheld related to employee tax withholding (1,574,307) $ (1,574,307)    
Forfeiture of restricted stock grants (shares)   (15,325)    
Forfeiture of restricted stock grants   $ (2,850,712) 2,850,712  
Repurchase of common stock (shares)   (157,750)    
Repurchase of common stock (18,646,982) $ (18,646,982)    
Net income 24,296,313     24,296,313
Ending balance (shares) at Sep. 30, 2020   3,164,793    
Ending Balance at Sep. 30, 2020 206,055,499 $ 80,160,678 (15,735,586) 141,630,407
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 2,045,619      
Net subscriptions of consolidated funds (4,097,088)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2020 8,036,117      
Beginning balance (shares) at Jun. 30, 2020   3,212,924    
Beginning Balance at Jun. 30, 2020 200,151,266 $ 86,189,846 (17,103,472) 131,064,892
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   1,884    
Issuance of restricted stock grants   $ 237,987 (237,987)  
Amortization of restricted stock grants 1,447,155   1,447,155  
Issuance of common stock related to 401k plan match (in shares)   5,323    
Issuance of common stock related to 401k plan match 645,349 $ 645,349    
Shares withheld related to employee tax withholding (in shares)   (803)    
Shares withheld related to employee tax withholding (91,277) $ (91,277)    
Forfeiture of restricted stock grants (shares)   (800)    
Forfeiture of restricted stock grants   $ (158,718) 158,718  
Repurchase of common stock (shares)   (53,735)    
Repurchase of common stock (6,662,509) $ (6,662,509)    
Net income 10,565,515     10,565,515
Ending balance (shares) at Sep. 30, 2020   3,164,793    
Ending Balance at Sep. 30, 2020 206,055,499 $ 80,160,678 (15,735,586) 141,630,407
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2020 9,571,722      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest (575,068)      
Net subscriptions of consolidated funds (2,110,673)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2020 $ 8,036,117      
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)   68,589    
Issuance of restricted stock grants   $ 10,854,951 (10,854,951)  
Amortization of restricted stock grants 5,167,059   5,167,059  
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)   364    
Issuance of common stock related to 401k plan match 59,542 $ 59,542    
Issuance of common stock related to employee stock purchase plan (in shares)   3,568    
Issuance of common stock related to employee stock purchase plan 610,569 $ 610,569    
Shares withheld related to employee tax withholding (in shares)   (9,449)    
Shares withheld related to employee tax withholding (1,518,612) $ (1,518,612)    
Forfeiture of restricted stock grants (shares)   (19,097)    
Forfeiture of restricted stock grants   $ (3,247,627) 3,247,627  
Repurchase of common stock (shares)   (44,227)    
Repurchase of common stock (7,543,901) $ (7,543,901)    
Cash dividends paid (9,529,292)     (9,529,292)
Net income $ 56,200,986     56,200,986
Ending balance (shares) at Sep. 30, 2021 3,172,252 3,172,252    
Ending Balance at Sep. 30, 2021 $ 228,056,910 $ 80,555,674 (17,188,383) 164,689,619
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 (563,960)      
Net subscriptions of consolidated funds 3,431,181      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2021 13,367,474      
Beginning balance (shares) at Jun. 30, 2021   3,208,022    
Beginning Balance at Jun. 30, 2021 209,906,535 $ 86,888,594 (19,229,825) 142,247,766
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   812    
Issuance of restricted stock grants   $ 142,636 (142,636)  
Amortization of restricted stock grants 2,058,064   2,058,064  
Issuance of common stock related to 401k plan match (in shares)   68    
Issuance of common stock related to 401k plan match 11,542 $ 11,542    
Issuance of common stock related to employee stock purchase plan (in shares)   485    
Issuance of common stock related to employee stock purchase plan 85,195 $ 85,195    
Shares withheld related to employee tax withholding (in shares)   (4,967)    
Shares withheld related to employee tax withholding (831,029) $ (831,029)    
Forfeiture of restricted stock grants (shares)   (700)    
Forfeiture of restricted stock grants   $ (126,014) 126,014  
Repurchase of common stock (shares)   (31,468)    
Repurchase of common stock (5,615,250) $ (5,615,250)    
Cash dividends paid (3,185,792)     (3,185,792)
Net income $ 25,627,645     25,627,645
Ending balance (shares) at Sep. 30, 2021 3,172,252 3,172,252    
Ending Balance at Sep. 30, 2021 $ 228,056,910 $ 80,555,674 $ (17,188,383) $ 164,689,619
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2021 14,219,856      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 751,850      
Net subscriptions of consolidated funds (100,532)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2021 $ 13,367,474