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Segment Reporting (Details) - USD ($)
 3 Months Ended 12 Months Ended
Dec. 31, 2023
Sep. 30, 2023
Jun. 30, 2023
Mar. 31, 2023
Dec. 31, 2022
Sep. 30, 2022
Jun. 30, 2022
Mar. 31, 2022
Dec. 31, 2023
Dec. 31, 2022
Dec. 31, 2021
Segment Reporting Information [Line Items]                      
Revenue From External Sources                 $ 89,247,000 $ 69,389,000 $ 73,393,000
Net intersegment revenues                 0 0 0
Net interest and dividend revenue                 1,191,000 266,000 868,000
Other revenue                 534,000 (708,000) (339,000)
Total revenues $ 20,456,000 $ 15,406,000 $ 15,603,000 $ 17,216,000 $ 19,391,000 $ 17,860,000 $ 17,484,000 $ 18,319,000 89,781,000 68,681,000 73,054,000
Expenses:                      
Total expenses                 83,776,000 73,554,000 67,095,000
Realized Investment Gains (Losses)                 0 0 8,371,000
Income (loss) before income taxes (4,313,000) (1,021,000) (458,000) 594,000 3,213,000 2,360,000 1,416,000 7,014,000 13,443,000 (5,195,000) 14,003,000
Income tax provision                 2,872,000 (567,000) 4,240,000
Net income (3,125,000) $ (1,175,000) $ (378,000) $ 50,000 2,813,000 $ 1,879,000 $ 970,000 $ 4,101,000 10,571,000 (4,628,000) 9,763,000
Restricted stock expense                 6,518,000 6,001,000 5,835,000
Amortization of intangible assets                 4,149,000 1,889,000 1,624,000
Deferred taxes on goodwill                 (876,000) (841,000)  
Assets 155,167,000       146,427,000       155,167,000 146,427,000 139,605,000
Segment goodwill 39,501,000       35,732,000       39,501,000 35,732,000 16,401,000
Equity Method Investments 4,284,000       6,574,000       4,284,000 6,574,000  
Expenditures for long-lived assets                 147,000 320,000 178,000
Unrealized Gain (Loss) on Investments                 6,000 (1,495,000) (1,797,000)
Other Income                 6,241,000 907,000 602,000
General and Administrative Expense [Member]                      
Expenses:                      
Amortization of intangible assets                 4,100,000 1,900,000 1,600,000
Operating Segments | Advisory [Member]                      
Segment Reporting Information [Line Items]                      
Revenue From External Sources                 68,656,000 47,703,000 49,262,000
Net intersegment revenues                 6,270,000 2,080,000 2,415,000
Other revenue                 534,000 (708,000) (339,000)
Total revenues                 75,460,000 49,075,000 51,338,000
Expenses:                      
Net income                 14,636,000 11,062,000 16,780,000
Assets 285,179,000       283,027,000       285,179,000 283,027,000 222,335,000
Segment goodwill 23,100,000       19,331,000       23,100,000 19,331,000 0
Equity Method Investments 4,284,000       6,574,000       4,284,000 6,574,000  
Expenditures for long-lived assets                 135,000 137,000 66,000
Operating Segments | Trust [Member]                      
Segment Reporting Information [Line Items]                      
Revenue From External Sources                 20,591,000 21,686,000 24,131,000
Net intersegment revenues                 279,000 336,000 356,000
Other revenue                 0 0 0
Total revenues                 20,870,000 22,022,000 24,487,000
Expenses:                      
Net income                 1,776,000 1,005,000 5,656,000
Assets 46,754,000       53,644,000       46,754,000 53,644,000 56,965,000
Segment goodwill 16,401,000       16,401,000       16,401,000 16,401,000 16,401,000
Equity Method Investments 0       0       0 0  
Expenditures for long-lived assets                 94,000 84,000 61,000
Westwood Holdings                      
Segment Reporting Information [Line Items]                      
Revenue From External Sources                 0 0 0
Net intersegment revenues                 0 0 0
Other revenue                 0 0 0
Total revenues                 0 0 0
Expenses:                      
Net income                 (5,841,000) (16,695,000) (12,673,000)
Assets 14,256,000       30,308,000       14,256,000 30,308,000 12,784,000
Segment goodwill 0       0       0 0 0
Equity Method Investments 0       0       0 0  
Expenditures for long-lived assets                 (82,000) 99,000 51,000
Eliminations                      
Segment Reporting Information [Line Items]                      
Revenue From External Sources                 0 0 0
Net intersegment revenues                 (6,549,000) (2,416,000) (2,771,000)
Other revenue                 0 0 0
Total revenues                 (6,549,000) (2,416,000) (2,771,000)
Expenses:                      
Net income                 0 0 0
Assets (191,022,000)       (220,552,000)       (191,022,000) (220,552,000) (152,479,000)
Segment goodwill 0       0       0 0 0
Equity Method Investments $ 0       $ 0       0 0  
Expenditures for long-lived assets                 $ 0 $ 0 $ 0