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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, 2021   3,171,536    
Beginning Balance at Dec. 31, 2021 $ 184,422,902 $ 80,434,049 $ (15,268,705) $ 119,257,558
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   75,764    
Issuance of restricted stock grants   $ 13,366,316 (13,366,316)  
Amortization of restricted stock grants 7,916,049   7,916,049  
Issuance of stock grants (in shares)   2,743    
Issuance of stock grants 487,870 $ 487,870    
Issuance of common stock related to 401k plan match (in shares)   211    
Issuance of common stock related to 401k plan match 37,313 $ 37,313    
Issuance of common stock related to employee stock purchase plan (in shares)   3,176    
Issuance of common stock related to employee stock purchase plan 579,196 $ 579,196    
Shares withheld related to employee tax withholding (in shares)   (14,112)    
Shares withheld related to employee tax withholding (2,580,328) $ (2,580,328)    
Forfeiture of restricted stock grants (shares)   (4,801)    
Forfeiture of restricted stock grants   $ (743,592) 743,592  
Repurchase of common stock (shares)   (198,733)    
Repurchase of common stock (35,670,493) $ (35,670,493)    
Cash dividends paid (14,114,862)     (14,114,862)
Net income 25,557,278     25,557,278
Ending balance (shares) at Sep. 30, 2022   3,035,784    
Ending Balance at Sep. 30, 2022 166,634,925 $ 55,910,331 (19,975,380) 130,699,974
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2021 17,756,336      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 5,694,098      
Net subscriptions of consolidated funds 9,859,318      
Net consolidations (deconsolidations) of Company sponsored investments (9,528,503)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2022 12,393,053      
Beginning balance (shares) at Jun. 30, 2022   3,122,317    
Beginning Balance at Jun. 30, 2022 171,120,787 $ 71,099,716 (23,250,408) 123,271,479
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Amortization of restricted stock grants 2,775,945   2,775,945  
Issuance of common stock related to employee stock purchase plan (in shares)   484    
Issuance of common stock related to employee stock purchase plan 79,861 $ 79,861    
Shares withheld related to employee tax withholding (in shares)   (4,601)    
Shares withheld related to employee tax withholding (798,918) $ (798,918)    
Forfeiture of restricted stock grants (shares)   (3,480)    
Forfeiture of restricted stock grants   $ (499,083) 499,083  
Repurchase of common stock (shares)   (78,936)    
Repurchase of common stock (13,971,245) $ (13,971,245)    
Cash dividends paid (4,585,945)     (4,585,945)
Net income 12,014,440     12,014,440
Ending balance (shares) at Sep. 30, 2022   3,035,784    
Ending Balance at Sep. 30, 2022 166,634,925 $ 55,910,331 (19,975,380) 130,699,974
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2022 22,300,189      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 1,642,040      
Net subscriptions of consolidated funds 1,263,407      
Net consolidations (deconsolidations) of Company sponsored investments (9,528,503)      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2022 $ 12,393,053      
Beginning balance (shares) at Dec. 31, 2022 3,010,457 3,010,457    
Beginning Balance at Dec. 31, 2022 $ 163,672,245 $ 51,688,631 (17,011,144) 128,994,758
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   57,464    
Issuance of restricted stock grants   $ 10,781,796 (10,781,796)  
Amortization of restricted stock grants 8,897,748   8,897,748  
Issuance of stock grants (in shares)   0    
Issuance of stock grants 0 $ 0    
Issuance of common stock related to 401k plan match (in shares)   99    
Issuance of common stock related to 401k plan match 16,344 $ 16,344    
Issuance of common stock related to employee stock purchase plan (in shares)   2,659    
Issuance of common stock related to employee stock purchase plan 441,527 $ 441,527    
Shares withheld related to employee tax withholding (in shares)   (29,294)    
Shares withheld related to employee tax withholding (4,977,863) $ (4,977,863)    
Forfeiture of restricted stock grants (shares)   (4,191)    
Forfeiture of restricted stock grants   $ (680,604) 680,604  
Repurchase of common stock (shares)   (118,432)    
Repurchase of common stock (19,672,433) $ (19,672,433)    
Cash dividends paid (13,418,596)     (13,418,596)
Net income $ 28,613,463     28,613,463
Ending balance (shares) at Sep. 30, 2023 2,918,762 2,918,762    
Ending Balance at Sep. 30, 2023 $ 163,572,435 $ 37,597,398 (18,214,588) 144,189,625
Beginning balance attributable to redeemable noncontrolling Interests at Dec. 31, 2022 14,126,198      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest (859,126)      
Net subscriptions of consolidated funds 10,350,857      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2023 25,336,181      
Beginning balance (shares) at Jun. 30, 2023   2,950,264    
Beginning Balance at Jun. 30, 2023 163,941,065 $ 42,903,550 (21,087,626) 142,125,141
Increase (Decrease) in Stockholders' Equity [Roll Forward]        
Issuance of restricted stock grants (shares)   1,780    
Issuance of restricted stock grants   $ 300,055 (300,055)  
Amortization of restricted stock grants 3,058,008   3,058,008  
Issuance of common stock related to employee stock purchase plan (in shares)   281    
Issuance of common stock related to employee stock purchase plan 47,368 $ 47,368    
Shares withheld related to employee tax withholding (in shares)   (4,694)    
Shares withheld related to employee tax withholding (804,082) $ (804,082)    
Forfeiture of restricted stock grants (shares)   (727)    
Forfeiture of restricted stock grants   $ (115,085) 115,085  
Repurchase of common stock (shares)   (28,142)    
Repurchase of common stock (4,734,408) $ (4,734,408)    
Cash dividends paid (4,408,948)     (4,408,948)
Net income $ 6,473,432     6,473,432
Ending balance (shares) at Sep. 30, 2023 2,918,762 2,918,762    
Ending Balance at Sep. 30, 2023 $ 163,572,435 $ 37,597,398 $ (18,214,588) $ 144,189,625
Beginning balance attributable to redeemable noncontrolling Interests at Jun. 30, 2023 22,743,998      
Increase (Decrease) in Temporary Equity [Roll Forward]        
Net Income Attributable to Redeemable Noncontrolling Interest 1,272,839      
Net subscriptions of consolidated funds 3,865,022      
Ending balance attributable to redeemable noncontrolling Interests at Sep. 30, 2023 $ 25,336,181