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VARIABLE INTEREST ENTITIES (Details) - USD ($)
$ in Thousands
Sep. 30, 2018
Dec. 31, 2017
Variable Interest Entities    
Assets Under Management $ 20,800,000  
Estimated Market Value 71,003 $ 51,324
Westwood Funds®    
Variable Interest Entities    
Assets Under Management 4,031,000  
Estimated Market Value 6,000  
Amount at Risk 6,000  
Common Trust Funds    
Variable Interest Entities    
Assets Under Management 2,079,000  
Estimated Market Value 3,000  
Amount at Risk 3,000  
UCITS Fund    
Variable Interest Entities    
Assets Under Management 388,000  
Estimated Market Value 0  
Amount at Risk 0  
Westwood Hospitality Fund I LLC [Member]    
Variable Interest Entities    
Assets Under Management 8,000  
Estimated Market Value 0  
Amount at Risk 0  
Private Equity Investments [Member]    
Variable Interest Entities    
Assets Under Management 0  
Estimated Market Value 5,000  
Amount at Risk 5,000  
Private Wealth    
Variable Interest Entities    
Assets Under Management 2,703,000  
Institutional    
Variable Interest Entities    
Assets Under Management $ 11,591,000