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Consolidated Statements of Income (USD $)
3 Months Ended
Mar. 31, 2015
Mar. 31, 2014
REVENUES:    
Investment advisory $ 25,400,536us-gaap_InvestmentAdvisoryFees $ 19,910,807us-gaap_InvestmentAdvisoryFees
Mutual fund administration, net 3,917,871dhil_RevenueFromAdministrativeServicesNet 3,278,290dhil_RevenueFromAdministrativeServicesNet
Total revenue 29,318,407us-gaap_Revenues 23,189,097us-gaap_Revenues
OPERATING EXPENSES:    
Compensation and related costs 12,784,781us-gaap_LaborAndRelatedExpense 11,871,954us-gaap_LaborAndRelatedExpense
General and administrative 1,993,547us-gaap_GeneralAndAdministrativeExpense 1,581,356us-gaap_GeneralAndAdministrativeExpense
Sales and marketing 609,700us-gaap_SellingAndMarketingExpense 491,882us-gaap_SellingAndMarketingExpense
Mutual fund administration 736,373us-gaap_AssetManagementCosts 672,121us-gaap_AssetManagementCosts
Total operating expenses 16,124,401us-gaap_OperatingExpenses 14,617,313us-gaap_OperatingExpenses
NET OPERATING INCOME 13,194,006us-gaap_OperatingIncomeLoss 8,571,784us-gaap_OperatingIncomeLoss
Investment income 1,344,683us-gaap_InvestmentIncomeNonoperating 516,529us-gaap_InvestmentIncomeNonoperating
INCOME BEFORE TAXES 14,538,689us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments 9,088,313us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
Income tax expense (5,026,067)us-gaap_IncomeTaxExpenseBenefit (3,338,715)us-gaap_IncomeTaxExpenseBenefit
NET INCOME $ 9,512,622us-gaap_NetIncomeLoss $ 5,749,598us-gaap_NetIncomeLoss
Earnings per share    
Basic (USD per share) $ 2.96us-gaap_EarningsPerShareBasic $ 1.82us-gaap_EarningsPerShareBasic
Diluted (USD per share) $ 2.89us-gaap_EarningsPerShareDiluted $ 1.78us-gaap_EarningsPerShareDiluted
Weighted average shares outstanding    
Basic (in shares) 3,218,154us-gaap_WeightedAverageNumberOfSharesOutstandingBasic 3,165,940us-gaap_WeightedAverageNumberOfSharesOutstandingBasic
Diluted (in shares) 3,296,168us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding 3,230,900us-gaap_WeightedAverageNumberOfDilutedSharesOutstanding