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CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (LOSS) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2020
Mar. 31, 2019
REVENUES:    
Other Revenue, Net $ (384) $ 737
Total revenues 16,669 23,862
EXPENSES:    
Employee compensation and benefits 12,668 14,610
Sales and marketing 478 530
Westwood mutual funds 515 846
Information technology 2,031 1,977
Professional services 1,193 1,149
General and administrative 2,306 2,434
Foreign Currency Transaction Gain (Loss), before Tax (2,938) 820
Total expenses 16,253 22,366
Operating Income (Loss) 416 1,496
Unrealized gains (losses) on private investments (995) 0
Other Income 34 0
Income (loss) before income taxes (1) 1,496
Income tax expense (benefit) (1,103) 1,104
Net income 1,102 392
Other comprehensive income (loss):    
Foreign currency translation adjustments (3,242) 831
Total comprehensive income (loss) $ (2,140) $ 1,223
Earnings per share:    
Basic (dollars per share) $ 0.13 $ 0.05
Diluted (dollars per share) $ 0.13 $ 0.05
Weighted average shares outstanding:    
Basic (shares) 8,414,393 8,363,109
Diluted (shares) 8,458,473 8,455,386
Investment Income, Investment Expense $ 544 $ 0
Asset Management [Member]    
Revenue from Contract with Customer, Including Assessed Tax 11,102 16,406
Investment Performance [Member]    
Revenue from Contract with Customer, Including Assessed Tax 0 180
Fiduciary and Trust [Member]    
Revenue from Contract with Customer, Including Assessed Tax $ 5,951 $ 6,539