Document and Entity Information	6 Months Ended
	Jun. 30, 2014	Aug. 06, 2014 Common Class A [Member]	Aug. 06, 2014 Common Class B [Member]
Entity Information [Line Items]
Entity Registrant Name	PZENA INVESTMENT MANAGEMENT, INC.
Entity Central Index Key	0001399249
Current Fiscal Year End Date	--12-31
Entity Filer Category	Smaller Reporting Company
Document Type	10-Q
Document Period End Date	Jun. 30, 2014
Document Fiscal Year Focus	2014
Document Fiscal Period Focus (Q1,Q2,Q3,FY)	Q2
Amendment Flag	false
Entity Common Stock, Shares Outstanding		13,360,426	51,878,097