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VARIABLE INTEREST ENTITIES (Details Textual) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Dec. 31, 2017
Variable Interest Entity [Line Items]          
Trading Securities $ 71,003   $ 71,003   $ 51,324
Fee revenues from Westwood VIEs 11,700 $ 13,200 36,300 $ 39,100  
VIE          
Variable Interest Entity [Line Items]          
Trading Securities 8,700   8,700   $ 10,700
Common Trust Funds          
Variable Interest Entity [Line Items]          
Trading Securities 3,000   3,000    
UCITS Fund          
Variable Interest Entity [Line Items]          
Trading Securities $ 0   $ 0