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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2023
Mar. 31, 2022
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 714 $ 50
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable 21  
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized 209  
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 693 50
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 714 50
REVENUES:    
Other Revenue, Net 108 (289)
Total revenues 22,727 17,216
EXPENSES:    
Employee compensation and benefits 14,202 10,334
Sales and marketing 740 482
Westwood mutual funds 732 596
Information technology 2,383 1,829
Professional services 1,529 1,520
General and administrative 1,986 2,040
Total expenses 21,781 16,801
Operating Income (Loss) 946 415
Net change in unrealized appreciation (depreciation) on private investments 0 37
Other Income 372 158
Income before income taxes 1,490 594
Income tax provision 776 544
Net income 693 50
Other comprehensive income (loss):    
Total comprehensive income $ 693 $ 50
Earnings per share:    
Basic (dollars per share) $ 0.09 $ 0.01
Diluted (dollars per share) $ 0.09 $ 0.01
Weighted average shares outstanding:    
Basic (shares) 7,853,921 7,865,174
Diluted (shares) 7,968,504 7,931,453
Investment Income, Investment Expense $ 172 $ (16)
Asset Management [Member]    
Revenue from Contract with Customer, Including Assessed Tax 17,033 11,790
Investment Performance [Member]    
Revenue from Contract with Customer, Including Assessed Tax 555 0
Fiduciary and Trust [Member]    
Revenue from Contract with Customer, Including Assessed Tax $ 5,031 $ 5,715