SEGMENT REPORTING (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting Information [Line Items]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

(in thousands)	Advisory		Trust			Westwood Holdings			Eliminations			Consolidated
Nine Months Ended September 30, 2018
Net fee revenues from external sources	$	72,963	$	22,265		$	—		$	—		$	95,228
Net intersegment revenues	5,639		171			—			(5,810		)	—
Net interest and dividend revenue	464		152			—			—			616
Other	331		6			—			—			337
Total revenues	$	79,397	$	22,594		$	—		$	(5,810	)	$	96,181
Economic Earnings	$	37,463	$	4,034		$	(7,069	)	$	—		$	34,428
Less:   Restricted stock expense												11,658
Intangible amortization												1,255
Deferred taxes on goodwill												177
Net income												$	21,338
Nine Months Ended September 30, 2017
Net fee revenues from external sources	$	75,036	$	23,570		$	—		$	—		$	98,606
Net intersegment revenues	6,050		160			—			(6,210		)	—
Net interest and dividend revenue	391		67			—			—			458
Other	811		(4		)	—			—			807
Total revenues	$	82,288	$	23,793		$	—		$	(6,210	)	$	99,871
Economic Earnings	$	31,372	$	4,528		$	(4,592	)	$	—		$	31,308
Less:   Restricted stock expense												12,298
Intangible amortization												1,449
Deferred taxes on goodwill												469
Net income												$	17,092

(in thousands)	Advisory		Trust			Westwood Holdings			Eliminations			Consolidated
Three Months Ended September 30, 2018
Net fee revenues from external sources	$	22,023	$	7,191		$	—		$	—		$	29,214
Net intersegment revenues	1,756		58			—			(1,814		)	—
Net interest and dividend revenue	187		52			—			—			239
Other, net	389		12			—			—			401
Total revenues	$	24,355	$	7,313		$	—		$	(1,814	)	$	29,854
Economic Earnings	$	10,553	$	1,357		$	(2,369	)	$	—		$	9,541
Less:   Restricted stock expense												3,695
Intangible amortization												419
Deferred taxes on goodwill												59
Net income												$	5,368
Segment assets	$	220,138	$	60,658		$	16,839		$	(105,008	)	$	192,627
Segment goodwill	$	3,403	$	16,401		$	—		$	—		$	19,804
Three Months Ended September 30, 2017
Net fee revenues from external sources	$	25,334	$	7,858		$	—		$	—		$	33,192
Net intersegment revenues	2,026		57			—			(2,083		)	—
Net interest and dividend revenue	111		43			—			—			154
Other, net	157		(11		)	—			—			146
Total revenues	$	27,628	$	7,947		$	—		$	(2,083	)	$	33,492
Economic Earnings	$	8,786	$	1,560		$	(1,356	)	$	—		$	8,990
Less:   Restricted stock expense												4,233
Intangible amortization												469
Deferred taxes on goodwill												156
Net income												$	4,132
Segment assets	$	208,444	$	73,170		$	18,388		$	(108,640	)	$	191,362
Segment goodwill	$	5,219	$	21,925		$	—		$	—		$	27,144

ReconciliationFromNetIncomeToNonGaapMeasure [Table Text Block]

The following tables provide a reconciliation of Net income to Economic Earnings (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2018		2017		2018		2017
Net income	$	5,368	$	4,132	$	21,338	$	17,092
Add: Stock-based compensation expense	3,695		4,233		11,658		12,298
Add: Intangible amortization	419		469		1,255		1,449
Add: Tax benefit from goodwill amortization	59		156		177		469
Economic Earnings	$	9,541	$	8,990	$	34,428	$	31,308