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Consolidated Statements of Shareholders’ Equity and Redeemable Noncontrolling Interest (unaudited) - USD ($)
Total
Total
Common Stock
Deferred Equity Compensation
Retained Earnings
Beginning balance (shares) at Dec. 31, 2022     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)     55,684    
Issuance of restricted stock grants     $ 10,481,741 (10,481,741)  
Amortization of restricted stock grants   5,839,740   5,839,740  
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)     2,378    
Issuance of common shares related to employee stock purchase plan   394,159 $ 394,159    
Shares withheld related to employee tax withholding (in shares)     (24,600)    
Shares withheld related to employee tax withholding   (4,173,781) $ (4,173,781)    
Forfeiture of restricted stock grants (shares)     (3,464)    
Forfeiture of restricted stock grants     $ (565,519) 565,519  
Repurchase of common stock (shares)     (90,290)    
Repurchase of common stock   (14,938,025) $ (14,938,025)    
Cash dividends paid   (9,009,648)     (9,009,648)
Net income $ 22,140,031 22,140,031     22,140,031
Ending balance (shares) at Jun. 30, 2023     2,950,264    
Ending Balance at Jun. 30, 2023   163,941,065 $ 42,903,550 (21,087,626) 142,125,141
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 (2,131,965)        
Net subscriptions of consolidated funds 6,485,835        
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2023 22,743,998        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax 72,241        
Beginning balance (shares) at Mar. 31, 2023     3,027,738    
Beginning Balance at Mar. 31, 2023   169,247,354 $ 55,690,092 (23,568,556) 137,125,818
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of restricted stock grants (shares)     6,585    
Issuance of restricted stock grants     $ 1,080,755 (1,080,755)  
Amortization of restricted stock grants   2,996,166   2,996,166  
Issuance of common stock related to 401k plan match (in shares)     53    
Issuance of common stock related to 401k plan match   8,501 $ 8,501    
Issuance of common stock related to employee stock purchase plan (in shares)     415    
Issuance of common shares related to employee stock purchase plan   71,089 $ 71,089    
Shares withheld related to employee tax withholding (in shares)     (18,479)    
Shares withheld related to employee tax withholding   (3,041,274) $ (3,041,274)    
Forfeiture of restricted stock grants (shares)     (3,464)    
Forfeiture of restricted stock grants     $ (565,519) 565,519  
Repurchase of common stock (shares)     (62,584)    
Repurchase of common stock   (10,340,094) $ (10,340,094)    
Cash dividends paid   (4,433,156)     (4,433,156)
Net income 9,432,479 9,432,479     9,432,479
Ending balance (shares) at Jun. 30, 2023     2,950,264    
Ending Balance at Jun. 30, 2023   $ 163,941,065 $ 42,903,550 (21,087,626) 142,125,141
Beginning balance attributable to redeemable noncontrolling Interests at Mar. 31, 2023 17,332,798        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Net Income Attributable to Redeemable Noncontrolling Interest (736,470)        
Net subscriptions of consolidated funds 4,674,730        
Ending balance attributable to redeemable noncontrolling Interests at Jun. 30, 2023 22,743,998        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax $ 44,436        
Beginning balance (shares) at Dec. 31, 2023 2,823,076   2,823,076    
Beginning Balance at Dec. 31, 2023 $ 160,316,808   $ 22,164,410 (15,392,418) 153,544,816
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of restricted stock grants (shares)     77,056    
Issuance of restricted stock grants     $ 11,818,825 (11,818,825)  
Amortization of restricted stock grants 6,222,428     6,222,428  
Issuance of common stock related to employee stock purchase plan (in shares)     1,975    
Issuance of common shares related to employee stock purchase plan 300,636   $ 300,636    
Shares withheld related to employee tax withholding (in shares)     (28,974)    
Shares withheld related to employee tax withholding (4,539,691)   $ (4,539,691)    
Forfeiture of restricted stock grants (shares)     (1,753)    
Forfeiture of restricted stock grants 0   $ (302,716) 302,716  
Repurchase of common stock (shares)     (120,049)    
Repurchase of common stock (18,525,386)   $ (18,525,386)    
Cash dividends paid (8,380,253)       (8,380,253)
Net income $ 21,141,773       21,141,773
Ending balance (shares) at Jun. 30, 2024 2,751,331   2,751,331    
Ending Balance at Jun. 30, 2024 $ 156,536,315   $ 10,916,078 (20,686,099) 166,306,336
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax 162,090        
Beginning balance (shares) at Mar. 31, 2024     2,804,668    
Beginning Balance at Mar. 31, 2024 158,285,640   $ 19,029,598 (23,075,385) 162,331,427
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of restricted stock grants (shares)     5,024    
Issuance of restricted stock grants 0   $ 760,427 (760,427)  
Amortization of restricted stock grants 2,963,189     2,963,189  
Issuance of common stock related to employee stock purchase plan (in shares)     287    
Issuance of common shares related to employee stock purchase plan 40,397   $ 40,397    
Shares withheld related to employee tax withholding (in shares)     (22,602)    
Shares withheld related to employee tax withholding (3,484,551)   $ (3,484,551)    
Forfeiture of restricted stock grants (shares)     (1,105)    
Forfeiture of restricted stock grants 0   $ (186,524) 186,524  
Repurchase of common stock (shares)     (34,941)    
Repurchase of common stock (5,243,269)   $ (5,243,269)    
Cash dividends paid (4,150,931)       (4,150,931)
Net income $ 8,125,840       8,125,840
Ending balance (shares) at Jun. 30, 2024 2,751,331   2,751,331    
Ending Balance at Jun. 30, 2024 $ 156,536,315   $ 10,916,078 $ (20,686,099) $ 166,306,336
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax $ 35,343