Earnings Per Share (Tables)

3 Months Ended

Mar. 31, 2020

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, 2020 and March 31, 2019, respectively:

	Three Months Ended March 31,
	2020		2019
Basic Earnings Per Share
Net Income	$	89,505,801	$	104,280,411
Less: Allocated to participating securities	1,221,016		1,081,933
Net Income available to common shareholders	$	88,284,785	$	103,198,478
Basic weighted average shares outstanding	246,309,869		257,822,836
Net Income per share - Basic	$	0.36	$	0.40
Diluted Earnings Per Share
Allocation of Net Income used in basic computation	$	88,284,785	$	103,198,478
Reallocation of undistributed earnings	4,184		3,813
Net Income available to common shareholders - Diluted	$	88,288,969	$	103,202,291
Number of shares used in basic computation	246,309,869		257,822,836
Additional weighted average dilutive common stock equivalents	1,306,574		1,282,396
Diluted weighted average shares outstanding	247,616,443		259,105,232
Net income per share - Diluted	$	0.36	$	0.40
Shares related to stock plans not included in diluted average common shares outstanding because their effect would be anti-dilutive	177,966		1,799,477