SEGMENT REPORTING (Tables)

3 Months Ended

Mar. 31, 2019

Segment Reporting Information [Line Items]

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

(in thousands)	Advisory			Trust			Westwood Holdings			Eliminations			Consolidated
Three Months Ended March 31, 2019
Net fee revenues from external sources	$	16,586		$	6,539		$	—		$	—		$	23,125
Net intersegment revenues	1,016			71			—			(1,087		)	—
Net interest and dividend revenue	225			86			—			—			311
Other, net	432			(6		)	—			—			426
Total revenues	$	18,259		$	6,690		$	—		$	(1,087	)	$	23,862
Economic Earnings	$	4,880		$	1,253		$	(2,017	)	$	—		$	4,116
Less:   Restricted stock expense													3,252
Intangible amortization													413
Deferred taxes on goodwill													59
Net income													$	392
Segment assets	$	226,362		$	62,696		$	19,746		$	(127,655	)	$	181,149
Segment goodwill	$	3,403		$	16,401		$	—		$	—		$	19,804
Three Months Ended March 31, 2018
Net fee revenues from external sources	$	25,818		$	7,609		$	—		$	—		$	33,427
Net intersegment revenues	2,037			55			—			(2,092		)	—
Net interest and dividend revenue	141			46			—			—			187
Other, net	(43		)	(4		)	—			—			(47		)
Total revenues	$	27,953		$	7,706		$	—		$	(2,092	)	$	33,567
Economic Earnings	$	13,800		$	1,220		$	(2,378	)	$	—		$	12,642
Less:   Restricted stock expense													4,187
Intangible amortization													418
Deferred taxes on goodwill													59
Net income													$	7,978
Segment assets	$	204,343		$	60,584		$	18,132		$	(107,943	)	$	175,116
Segment goodwill	$	3,403		$	16,401		$	—		$	—		$	19,804

ReconciliationFromNetIncomeToNonGaapMeasure [Table Text Block]

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

	Three Months Ended March 31,
	2019		2018
Net income	$	392	$	7,978
Add: Stock-based compensation expense	3,252		4,187
Add: Intangible amortization	413		418
Add: Tax benefit from goodwill amortization	59		59
Economic Earnings	$	4,116	$	12,642