Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2024

Earnings Per Share [Abstract]

Schedule of Earnings Per Share Basic and Diluted

The following table sets forth the computation of basic and diluted net income per common share under the two-class method for the three months ended March 31, 2024 and March 31, 2023:

	Three Months Ended March 31,
	2024		2023
Basic Earnings Per Share
Net Income	$	108,230,714	$	97,578,261
Less: Dividends and undistributed earnings allocated to participating securities	1,578,908		1,456,913
Net Income available to common shareholders	$	106,651,806	$	96,121,348
Basic weighted average shares outstanding	227,929,048		230,605,626
Net Income per share - Basic	$	0.47	$	0.42
Diluted Earnings Per Share
Allocation of Net Income used in basic computation	$	106,651,806	$	96,121,348
Reallocation of undistributed earnings	2,425		1,276
Net Income available to common shareholders - Diluted	$	106,654,231	$	96,122,624
Number of shares used in basic computation	227,929,048		230,605,626
Additional weighted average dilutive common stock equivalents	479,090		290,220
Diluted weighted average shares outstanding	228,408,138		230,895,846
Net Income per share - Diluted	$	0.47	$	0.42
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive	409,297		1,810,685