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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2023
Sep. 30, 2022
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 4,375 $ (1,175) $ 7,988 $ (1,503)
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable 1,019 0 1,044 0
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized 0 701 209 1,588
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 3,356 (1,175) 6,944 (1,503)
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 4,375 (1,175) 7,988 (1,503)
REVENUES:        
Other Revenue, Net (85) (245) 145 (1,276)
Total revenues 21,880 15,406 66,552 48,225
EXPENSES:        
Employee compensation and benefits 12,661 9,526 40,551 28,993
Sales and marketing 676 335 2,180 1,326
Westwood mutual funds 872 270 2,350 1,311
Information technology 2,334 1,939 7,283 5,615
Professional services 1,009 1,536 3,893 3,888
General and administrative 3,298 2,181 9,579 6,569
Foreign Currency Transaction Gain (Loss), before Tax 2,483 0 (2,655) 0
Total expenses 23,333 16,488 63,390 49,290
Operating Income (Loss) (1,453) (1,082) 3,162 (1,065)
Net change in unrealized appreciation (depreciation) on private investments 0 (249) 24 (511)
Gain on sale of operations     630 93
Other Income 5,265 206 5,876 598
Income (loss) before income taxes 4,059 (1,021) 9,692 (885)
Income tax provision (316) 154 1,704 618
Other comprehensive income (loss):        
Total comprehensive income (loss) $ 3,356 $ (1,175) $ 6,944 $ (1,503)
Earnings (loss) per share:        
Basic (dollars per share) $ 0.42 $ (0.15) $ 0.87 $ (0.19)
Diluted (dollars per share) $ 0.41 $ (0.15) $ 0.86 $ (0.19)
Weighted average shares outstanding:        
Basic (shares) 8,002,537 7,794,060 7,949,773 7,867,555
Diluted (shares) 8,116,747 7,794,060 8,072,739 7,867,555
Investment Income, Investment Expense     $ 247 $ 104
Asset Management [Member]        
Revenue from Contract with Customer, Including Assessed Tax $ 16,902 $ 10,474 50,734 33,244
Investment Performance [Member]        
Revenue from Contract with Customer, Including Assessed Tax 0 0 555 0
Fiduciary and Trust [Member]        
Revenue from Contract with Customer, Including Assessed Tax $ 5,063 $ 5,177 $ 15,118 $ 16,257