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SEGMENT REPORTING (Details) - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Sep. 30, 2017
Sep. 30, 2016
Dec. 31, 2016
Jun. 30, 2016
Segment Reporting Information [Line Items]            
ReconciliationFromNetIncomeToNonGaapMeasure [Table Text Block]    
The following tables provide a reconciliation of Net income to Economic Earnings (in thousands):
 
 
Three Months Ended September 30,
 
 
2017
 
2016
Net income
 
$
4,132

 
$
5,887

Add: Stock-based compensation expense
 
4,233

 
4,082

Add: Intangible amortization
 
469

 
490

Add: Tax benefit from goodwill amortization
 
156

 
156

Economic Earnings
 
$
8,990

 
$
10,615

 
 
Nine Months Ended September 30,
 
 
2017
 
2016
Net Income
 
$
17,092

 
$
15,070

Add: Stock-based compensation expense
 
12,298

 
12,164

Add: Intangible amortization
 
1,449

 
1,470

Add: Tax benefit from goodwill amortization
 
469

 
390

Economic Earnings
 
$
31,308

 
$
29,094

      
Net fee revenues from external sources $ 33,192 $ 31,363 $ 98,606 $ 91,361    
Net interest and dividend revenue 154 133 458 369    
Other, net 146 281 807 199    
Total revenues 33,492 31,777 99,871 91,929    
Economic Earnings 8,990 10,615 31,308 29,094    
Intangible amortization 469 490 1,449 1,470    
Deferred taxes on goodwill 156 156 469 390    
Net income 4,132 5,887 17,092 15,070    
Segment assets 191,362   191,362   $ 179,678 $ 169,698
Segment goodwill 27,144   27,144   $ 27,144 27,144
Operating Segments | Advisory            
Segment Reporting Information [Line Items]            
Net fee revenues from external sources 25,334 23,673 75,036 68,563    
Net intersegment revenues 2,026 5,275 6,050 14,455    
Net interest and dividend revenue 111 128 391 360    
Other, net 157 279 811 462    
Total revenues 27,628 29,355 82,288 83,840    
Economic Earnings 8,786 10,270 31,372 30,493    
Segment assets 208,444   208,444     163,826
Segment goodwill 5,219   5,219     5,219
Operating Segments | Trust            
Segment Reporting Information [Line Items]            
Net fee revenues from external sources 7,858 7,690 23,570 22,798    
Net intersegment revenues 57 41 160 82    
Net interest and dividend revenue 43 5 67 9    
Other, net (11) 2 (4) (263)    
Total revenues 7,947 7,738 23,793 22,626    
Economic Earnings 1,560 1,690 4,528 4,160    
Segment assets 73,170   73,170     65,986
Segment goodwill 21,925   21,925     21,925
Westwood Holdings            
Segment Reporting Information [Line Items]            
Net fee revenues from external sources 0 0 0 0    
Net intersegment revenues 0 0 0 0    
Net interest and dividend revenue 0 0 0 0    
Other, net 0 0 0 0    
Total revenues 0 0 0 0    
Economic Earnings (1,356) (1,345) (4,592) (5,559)    
Segment assets 18,388   18,388     13,046
Segment goodwill 0   0     0
Eliminations            
Segment Reporting Information [Line Items]            
Net fee revenues from external sources 0 0 0 0    
Net intersegment revenues (2,083) (5,316) (6,210) (14,537)    
Net interest and dividend revenue 0 0 0 0    
Other, net 0 0 0 0    
Total revenues (2,083) (5,316) (6,210) (14,537)    
Economic Earnings 0 0 0 0    
Segment assets (108,640)   (108,640)     (73,160)
Segment goodwill 0   0     $ 0
Restricted Stock            
Segment Reporting Information [Line Items]            
Allocated Share-based Compensation Expense $ 4,233 $ 4,082 $ 12,298 $ 12,164