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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest $ 2,166 $ 714
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable (130) 21
Business Combination, Separately Recognized Transactions, Expenses and Losses Recognized 0 209
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 2,296 693
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 2,166 714
REVENUES:    
Other Revenue, Net 802 108
Total revenues 22,732 22,727
EXPENSES:    
Employee compensation and benefits 14,711 14,202
Sales and marketing 628 740
Westwood mutual funds 721 732
Information technology 2,290 2,383
Professional services 1,489 1,529
General and administrative 2,901 3,046
Foreign Currency Transaction Gain (Loss), before Tax (2,949) (1,060)
Total expenses 19,791 21,781
Operating Income (Loss) 2,941 946
Other Income 185 372
Income before income taxes 3,581 1,490
Income tax provision 1,415 776
Other comprehensive income (loss):    
Total comprehensive income $ 2,296 $ 693
Earnings per share:    
Basic (dollars per share) $ 0.28 $ 0.09
Diluted (dollars per share) $ 0.27 $ 0.09
Weighted average shares outstanding:    
Basic (shares) 8,099,028 7,853,921
Diluted (shares) 8,392,496 7,968,504
Investment Income, Investment Expense $ 455 $ 172
Asset Management [Member]    
Revenue from Contract with Customer, Including Assessed Tax 16,817 17,033
Investment Performance [Member]    
Revenue from Contract with Customer, Including Assessed Tax 0 555
Fiduciary and Trust [Member]    
Revenue from Contract with Customer, Including Assessed Tax $ 5,113 $ 5,031