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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)     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 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 shares 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     28,613,463
Ending balance (shares) at Sep. 30, 2023     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        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax 106,670        
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 shares 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     6,473,432
Ending balance (shares) at Sep. 30, 2023     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        
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax $ 34,429        
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)     86,279    
Issuance of restricted stock grants     $ 13,309,354 (13,309,354)  
Amortization of restricted stock grants 8,971,076     8,971,076  
Issuance of common stock related to employee stock purchase plan (in shares)     2,408    
Issuance of common shares related to employee stock purchase plan 370,612   $ 370,612    
Shares withheld related to employee tax withholding (in shares)     (29,282)    
Shares withheld related to employee tax withholding (4,583,042)   $ (4,583,042)    
Forfeiture of restricted stock grants (shares)     (7,125)    
Forfeiture of restricted stock grants 0   $ (1,209,481) 1,209,481  
Repurchase of common stock (shares)     (142,425)    
Repurchase of common stock (21,895,539)       (21,895,539)
Cash dividends paid (12,473,236)       (12,473,236)
Net income $ 35,786,366       35,786,366
Ending balance (shares) at Sep. 30, 2024 2,732,931   2,732,931    
Ending Balance at Sep. 30, 2024 $ 166,493,045   $ 30,051,853 (18,521,215) 154,962,407
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax 194,338        
Beginning balance (shares) at Jun. 30, 2024     2,751,331    
Beginning Balance at Jun. 30, 2024 156,536,315   $ 29,441,464 (20,686,099) 147,780,950
Increase (Decrease) in Stockholders' Equity [Roll Forward]          
Issuance of restricted stock grants (shares)     9,223    
Issuance of restricted stock grants 0   $ 1,490,529 (1,490,529)  
Amortization of restricted stock grants 2,748,648     2,748,648  
Issuance of common stock related to employee stock purchase plan (in shares)     433    
Issuance of common shares related to employee stock purchase plan 69,976   $ 69,976    
Shares withheld related to employee tax withholding (in shares)     (308)    
Shares withheld related to employee tax withholding (43,351)   $ (43,351)    
Forfeiture of restricted stock grants (shares)     (5,372)    
Forfeiture of restricted stock grants 0   $ (906,765) 906,765  
Repurchase of common stock (shares)     (22,376)    
Repurchase of common stock (3,370,153)       (3,370,153)
Cash dividends paid (4,092,983)       (4,092,983)
Net income $ 14,644,593       14,644,593
Ending balance (shares) at Sep. 30, 2024 2,732,931   2,732,931    
Ending Balance at Sep. 30, 2024 $ 166,493,045   $ 30,051,853 $ (18,521,215) $ 154,962,407
Increase (Decrease) in Temporary Equity [Roll Forward]          
Accrued excise tax $ 32,248