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LONG-TERM INCENTIVE COMPENSATION (Details) - USD ($)
$ in Thousands
3 Months Ended 9 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2018
Sep. 30, 2017
Share Based Compensation Arrangement By Share Based Payment Award [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


 
DomesticEmployeeServiceAward [Member]        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Allocated Share-based Compensation Expense $ 2,434 $ 2,591 $ 7,759 $ 7,828
Performance Shares [Member]        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Allocated Share-based Compensation Expense 1,107 1,454 3,471 3,949
DomesticServiceAndPerformanceAward [Member]        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Allocated Share-based Compensation Expense 3,541 4,045 11,230 11,777
CanadianEmployeeServiceAward [Member]        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Allocated Share-based Compensation Expense 154 188 428 521
Restricted Stock        
Share Based Compensation Arrangement By Share Based Payment Award [Line Items]        
Allocated Share-based Compensation Expense $ 3,695 $ 4,233 $ 11,658 $ 12,298