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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Noncontrolling Interest in Net Income (Loss) Other Noncontrolling Interests, Nonredeemable $ 12 $ 30 $ 11 $ (100)
Comprehensive Income (Loss), Net of Tax, Attributable to Parent 1,019 (2,243) 1,497 53
Net Income (Loss), Including Portion Attributable to Noncontrolling Interest 1,031 (2,213) 1,508 (47)
REVENUES:        
Other Revenue, Net 96 322 188 1,124
Total revenues 23,120 22,688 46,372 45,420
EXPENSES:        
Employee compensation and benefits 13,472 13,638 27,973 28,349
Sales and marketing 657 755 1,417 1,383
Westwood mutual funds 957 855 1,854 1,576
Information technology 2,704 2,350 5,371 4,640
Professional services 1,486 1,450 3,099 2,939
General and administrative 2,976 3,011 5,858 5,912
Foreign Currency Transaction Gain (Loss), before Tax 0 4,807 0 1,858
Total expenses 22,252 26,866 45,572 46,657
Operating Income (Loss) 868 (4,178) 800 (1,237)
Gain on sale of operations     726 1,003
Other Income 257 224 534 409
Income (loss) before income taxes 1,468 (3,406) 2,060 175
Income tax provision 437 (1,193) 552 222
Other comprehensive income (loss):        
Total comprehensive income $ 1,019 $ (2,243) $ 1,497 $ 53
Earnings (loss) per share:        
Basic (dollars per share) $ 0.12 $ (0.27) $ 0.18 $ 0.01
Diluted (dollars per share) $ 0.12 $ (0.27) $ 0.17 $ 0.01
Weighted average shares outstanding:        
Basic (shares) 8,404,859 8,218,596 8,329,803 8,158,812
Diluted (shares) 8,813,606 8,218,596 8,798,092 8,438,431
Investment Income, Investment Expense     $ 343 $ 548
Asset Management [Member]        
Revenue from Contract with Customer, Including Assessed Tax $ 17,955 $ 17,139 35,686 33,956
Fiduciary and Trust [Member]        
Revenue from Contract with Customer, Including Assessed Tax $ 5,069 $ 5,227 $ 10,498 $ 10,340