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Compensation Plans (Tables)
3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
Roll-Forward of Outstanding Restricted Stock Grants Issued
The following table represents a roll-forward of outstanding restricted stock and related activity for the three months ended March 31, 2023:
SharesWeighted-Average
Grant Date Price
per Share
Outstanding restricted stock as of December 31, 2022219,459 $165.62 
Grants issued49,099 191.47 
Grants vested(14,000)211.83 
Grants forfeited— — 
Total outstanding restricted stock as of March 31, 2023254,558 $168.06 
Expense Recognition of Deferred Compensation The recognition of compensation expense related to deferred compensation over the remaining vesting periods is as follows:
Nine Months 
 Remaining In
      
20232024202520262027ThereafterTotal
$9,035,909 $8,786,455 $4,524,579 $1,085,868 $135,745 — $23,568,556 
Schedule of Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Grant Date Intrinsic Value
The following table represents common shares issued as part of the Company's incentive compensation program during the three-month periods ended March 31, 2023, and 2022:
Shares IssuedGrant Date Value
March 31, 2023— — 
March 31, 20222,743 $487,870