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Investment Portfolio - Summary of Cash and Cash Equivalent Investments, Excluding Money Market Funds (Details) - USD ($)
Dec. 31, 2015
Dec. 31, 2014
Summary of market value of investments    
Total Investment Portfolio $ 52,490,820 $ 45,427,456
Corporate Investments [Member]    
Summary of market value of investments    
Total Investment Portfolio 44,529,408 39,748,692
Corporate Investments [Member] | Diamond Hill Mid Cap Fund    
Summary of market value of investments    
Total Investment Portfolio 10,749,860 10,729,930
Corporate Investments [Member] | Diamond Hill Research Opportunities Fund    
Summary of market value of investments    
Total Investment Portfolio 10,306,395 13,143,281
Corporate Investments [Member] | Diamond Hill Financial Long-Short Fund    
Summary of market value of investments    
Total Investment Portfolio 967,721 1,222,892
Corporate Investments [Member] | Diamond Hill Valuation-Weighted 500 ETF    
Summary of market value of investments    
Total Investment Portfolio 11,221,323 0
Corporate Investments [Member] | Diamond Hill Valuation-Weighted 500, L.P.    
Summary of market value of investments    
Total Investment Portfolio 0 3,398,035
Corporate Investments [Member] | Diamond Hill High Yield Fund, L.P.    
Summary of market value of investments    
Total Investment Portfolio 9,874,099 9,764,814
Corporate Investments [Member] | Diamond Hill Global Fund, L.P.    
Summary of market value of investments    
Total Investment Portfolio 1,410,010 1,489,740
Investments in Deferred Compensation Plans [Member]    
Summary of market value of investments    
Total Investment Portfolio $ 7,961,412 $ 5,678,764