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Earnings Per Share
3 Months Ended
Mar. 31, 2024
Earnings Per Share [Abstract]  
EARNINGS PER SHARE

10. EARNINGS PER SHARE

The following information sets forth the computations of basic earnings per common share for the three months ended March 31, 2024 and 2023, respectively:

 

 

 

For the three months ended
March 31,

 

 

2024

 

 

2023

 

Net income attributable to common stockholders

 

$

8,730,003

 

 

$

10,692,349

 

Divided by:

 

 

 

 

 

 

Basic weighted average shares of common stock outstanding

 

 

18,273,919

 

 

 

17,879,444

 

Diluted weighted average shares of common stock outstanding

 

 

18,640,492

 

 

 

17,960,103

 

Basic earnings per common share

 

$

0.48

 

 

$

0.60

 

Diluted earnings per common share

 

$

0.47

 

 

$

0.60

 

 

There were no anti-dilutive shares excluded from the computations of earnings per common share for the three months ended March 31, 2024 and 2023.