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Leases (Tables)

12 Months Ended

Dec. 31, 2024

Leases [Abstract]

Schedule of Leases

The components of rental expense were summarized as follows:

		For the year ended December 31,
		2024				2023
Operating lease cost			229,718,169				279,526,257
Variable lease cost			20,286,865				22,664,025
Short-term lease cost			-				200,917
Total rental expense			250,005,034				302,391,199

Amounts reported in the consolidated balance sheet as of December 31, 2024 and 2023 were as follows:

		As of December 31,
		2024				2023
Assets
Operating lease right-of-use assets			493,308,393				785,437,497
Liabilities
Current
Current operating lease liabilities			178,115,199				189,834,647
Non-current
Non-current operating lease liabilities			380,075,128				653,658,810
Total operating lease liabilities			558,190,327				843,493,457

Other information related to operating leases for the years ended December 31, 2024 and 2023 were as follows:

		For the year ended December 31,
		2024				2023
Cash paid for amounts included in the measurement of lease liabilities			204,719,215				256,087,221
Right-of-use assets obtained in exchange for new lease liabilities			16,855,171				151,906,824

		As of December 31,
		2024				2024
Weighted-average remaining lease term (years)			3.45				4.33
Weighted-average discount rate			6.01	%			6.23	%

Schedule of Maturities of operating lease liabilities

Maturities of operating lease liabilities under non-cancellable leases as of December 31, 2024 are as follows:

		Operating lease commitments
2025			221,893,350
2026			171,661,494
2027			127,871,950
2028			84,508,746
2029			40,062,445
Thereafter			29,047,903
Total undiscounted lease payments			675,045,888
Less: imputed interest			(116,855,561	)
Total lease liabilities			558,190,327

X

- Definition

Tabular disclosure of lessee's lease cost. Includes, but is not limited to, interest expense for finance lease, amortization of right-of-use asset for finance lease, operating lease cost, short-term lease cost, variable lease cost and sublease income.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 4
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-4

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X

- References

No definition available.

+ Details

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Namespace Prefix:	us-gaap_
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X

- Definition

Tabular disclosure of undiscounted cash flows of lessee's operating lease liability. Includes, but is not limited to, reconciliation of undiscounted cash flows to operating lease liability recognized in statement of financial position.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 842
-SubTopic 20
-Name Accounting Standards Codification
-Section 50
-Paragraph 6
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147478964/842-20-50-6

+ Details

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