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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
Dec. 31, 2023
Sep. 30, 2023
Dec. 31, 2022
Statement of Financial Position [Abstract]      
Operating Lease, Liability, Current   $ 1,286,000 $ 1,502,000
Current Assets:      
Cash and cash equivalents   17,178,000 23,859,000
Accounts receivable   13,174,000 13,900,000
Investments, at fair value   31,312,000 15,342,000
Income Taxes Receivable, Current   423,000 446,000
Other current assets   4,129,000 4,645,000
Total current assets   66,216,000 58,192,000
Long-term Investments   7,247,000 4,455,000
Long-term Investments Carried at Fair Value   259,000 3,027,000
Goodwill   39,501,000 35,732,000
Deferred income taxes   1,110,000 1,762,000
Operating lease right-of-use assets   3,758,000 4,976,000
Intangible assets, net   25,846,000 28,952,000
Property and equipment, net of accumulated depreciation of $9,903 and $9,277   1,576,000 1,828,000
Other long-term assets   982,000 929,000
Total assets   150,751,000 146,427,000
Current liabilities:      
Accounts payable and accrued liabilities   6,523,000 5,678,000
Dividends payable   1,436,000 1,745,000
Compensation and benefits payable   7,261,000 8,689,000
Total current liabilities   16,506,000 17,614,000
Accrued dividends   784,000 701,000
Operating Lease, Liability, Noncurrent   3,412,000 4,563,000
Liabilities, Noncurrent $ 14,442,000   18,165,000
Total liabilities   30,948,000 35,779,000
Commitments and contingencies  
Stockholders' Equity:      
Common stock, $0.01 par value, authorized 25,000,000 shares, issued 11,896,172 and outstanding 9,180,195 shares at September 30, 2023; issued 11,527,544 and outstanding 8,881,831 shares at December 31, 2022   119,000 115,000
Additional paid-in capital   201,424,000 199,914,000
Treasury stock, at cost - 2,715,977 shares at September 30, 2023; 2,645,713 shares at December 31, 2022   (85,990,000) (85,128,000)
Retained earnings (accumulated deficit)   2,212,000 (4,253,000)
Total Westwood Holdings Group, Inc. stockholders’ equity   117,765,000 110,648,000
Stockholders' Equity, Total   119,803,000 110,648,000
Total liabilities and stockholders' equity   150,751,000 146,427,000
Equity Method Investments   4,256,000 6,574,000
Total long-term assets   84,535,000 88,235,000
Asset Acquisition, Contingent Consideration, Liability   10,246,000 12,901,000
Members' Equity Attributable to Noncontrolling Interest   $ 2,038,000 $ 0