XML 26 R19.htm IDEA: XBRL DOCUMENT v3.24.2.u1
Earnings Per Share
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2024 and 2023, respectively:

 

 

 

For the three months ended
June 30,

 

 

For the six months ended
June 30,

 

 

2024

 

 

2023

 

 

2024

 

 

2023

 

Net income attributable to common stockholders

 

$

9,184,073

 

 

$

8,643,378

 

 

$

17,914,076

 

 

$

19,335,727

 

Divided by:

 

 

 

 

 

 

 

 

 

 

 

 

Basic weighted average shares of common stock outstanding

 

 

19,378,445

 

 

 

18,094,288

 

 

 

18,826,182

 

 

 

17,989,684

 

Diluted weighted average shares of common stock outstanding

 

 

19,890,376

 

 

 

18,273,512

 

 

 

19,265,434

 

 

 

18,117,919

 

Basic earnings per common share

 

$

0.47

 

 

$

0.48

 

 

$

0.95

 

 

$

1.07

 

Diluted earnings per common share

 

$

0.46

 

 

$

0.47

 

 

$

0.93

 

 

$

1.07

 

 

There were no anti-dilutive shares excluded from the computations of earnings per common share for the three and six months ended June 30, 2024 and 2023.