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Earnings Per Share (Tables)
12 Months Ended
Dec. 31, 2024
Earnings Per Share [Abstract]  
Schedule of Basic Earnings Per Common Share

The following information sets forth the computations of basic earnings per common share for the years ended December 31, 2024 and 2023:

 

 

 

For the year ended
December 31,

 

 

2024

 

 

2023

 

Net income attributable to common stockholders

 

$

37,045,403

 

 

$

38,710,248

 

Divided by:

 

 

 

 

 

 

Basic weighted average shares of common stock outstanding

 

 

19,279,501

 

 

 

18,085,088

 

Diluted weighted average shares of common stock outstanding

 

 

19,713,916

 

 

 

18,343,725

 

Basic earnings per common share

 

$

1.92

 

 

$

2.14

 

Diluted earnings per common share

 

$

1.88

 

 

$

2.11