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Earnings Per Share
6 Months Ended
Jun. 30, 2024
Earnings Per Share [Abstract]  
Earnings Per Share Earnings Per Share
Basic earnings per share is computed by dividing net income attributable to common stockholders by the number of weighted average shares of voting common stock outstanding, including unvested restricted stock awards which contain rights to non-forfeitable dividends. Diluted earnings per share is computed by dividing net income attributable to common stockholders by the number of weighted average shares of voting common stock outstanding, adjusted for the dilutive impact of unissued shares paid to directors during the year as compensation. A reconciliation of the number of shares used in the calculation of basic and diluted earnings per share for the three and six months ended June 30, 2024 and 2023 follows:
Three Months Ended
June 30,
Six Months Ended
June 30,
2024202320242023
Weighted average number of common shares outstanding66,878,772 68,175,825 66,969,939 68,689,106 
Effect of non-participatory equity compensation16,776 15,003 16,776 15,003 
Weighted average number of common shares outstanding, including effect of dilutive securities66,895,548 68,190,828 66,986,715 68,704,109