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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Mar. 31, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]      
Operating Lease, Liability, Current   $ 1,519,000 $ 1,502,000
Current Assets:      
Cash and cash equivalents   16,751,000 23,859,000
Accounts receivable   15,185,000 13,900,000
Investments, at fair value   15,594,000 15,342,000
Income Taxes Receivable, Current   0 446,000
Other current assets   5,272,000 4,645,000
Total current assets   52,802,000 58,192,000
Long-term Investments   4,455,000 4,455,000
Long-term Investments Carried at Fair Value   3,044,000 3,027,000
Goodwill   39,929,000 35,732,000
Deferred income taxes   1,898,000 1,762,000
Operating lease right-of-use assets   4,679,000 4,976,000
Intangible assets, net   27,931,000 28,952,000
Property and equipment, net of accumulated depreciation of $9,578 and $9,277   1,876,000 1,828,000
Other long-term assets   957,000 929,000
Total assets   141,799,000 146,427,000
Current liabilities:      
Accounts payable and accrued liabilities   6,715,000 5,678,000
Dividends payable   1,457,000 1,745,000
Compensation and benefits payable   3,073,000 8,689,000
Income taxes payable   435,000 0
Total current liabilities   13,199,000 17,614,000
Accrued dividends   515,000 701,000
Operating Lease, Liability, Noncurrent   4,374,000 4,563,000
Liabilities, Noncurrent $ 16,730,000   18,165,000
Total liabilities   29,929,000 35,779,000
Commitments and contingencies  
Stockholders' Equity:      
Common stock, $0.01 par value, authorized 25,000,000 shares, issued 11,925,846 and outstanding 9,212,390 shares at March 31, 2023; issued 11,527,544 and outstanding 8,881,811 shares at December 31, 2022   119,000 115,000
Additional paid-in capital   200,453,000 199,914,000
Treasury stock, at cost - 2,713,456 shares at March 31, 2023; 2,645,713 shares at December 31, 2022   (85,965,000) (85,128,000)
Retained earnings (accumulated deficit)   (3,752,000) (4,253,000)
Total Westwood Holdings Group, Inc. stockholders’ equity   110,855,000 110,648,000
Stockholders' Equity, Total   111,870,000 110,648,000
Total liabilities and stockholders' equity   141,799,000 146,427,000
Equity Method Investments   4,228,000 6,574,000
Total long-term assets   88,997,000 88,235,000
Asset Acquisition, Contingent Consideration, Liability   11,841,000 12,901,000
Members' Equity Attributable to Noncontrolling Interest   $ 1,015,000 $ 0