| Label | Element | Value | ||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Document Type | dei_DocumentType | 485BPOS | ||||||||
| Document Period End Date | dei_DocumentPeriodEndDate | Dec. 31, 2024 | ||||||||
| Entity Registrant Name | dei_EntityRegistrantName | WORLD FUNDS TRUST | ||||||||
| Entity Central Index Key | dei_EntityCentralIndexKey | 0001396092 | ||||||||
| Entity Inv Company Type | dei_EntityInvCompanyType | N-1A | ||||||||
| Amendment Flag | dei_AmendmentFlag | false | ||||||||
| Document Creation Date | dei_DocumentCreationDate | Apr. 30, 2025 | ||||||||
| Document Effective Date | dei_DocumentEffectiveDate | Apr. 30, 2025 | ||||||||
| Prospectus Date | rr_ProspectusDate | May 01, 2025 | ||||||||
| LDR Real Estate Value-Opportunity Fund | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk/Return [Heading] | rr_RiskReturnHeading | FUND SUMMARY – LDR Real Estate Value-Opportunity Fund | ||||||||
| Objective [Heading] | rr_ObjectiveHeading | Investment Objective | ||||||||
| Objective, Primary [Text Block] | rr_ObjectivePrimaryTextBlock |
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| Expense [Heading] | rr_ExpenseHeading | Fees and Expenses | ||||||||
| Expense Narrative [Text Block] | rr_ExpenseNarrativeTextBlock | This table describes the fees and expenses that you may pay if you buy, hold, and sell shares of the Fund.
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| Operating Expenses Caption [Text] | rr_OperatingExpensesCaption | Annual Fund Operating Expenses (expenses that you pay each year as a percentage of the value of your investment) | ||||||||
| Portfolio Turnover [Heading] | rr_PortfolioTurnoverHeading | Portfolio Turnover | ||||||||
| Portfolio Turnover [Text Block] | rr_PortfolioTurnoverTextBlock | The Fund pays transaction costs, such as commissions, when it buys and sells securities (or “turns over” its portfolio). A higher portfolio turnover rate may indicate higher transaction costs and may result in higher taxes when Fund shares are held in a taxable account. These costs, which are not reflected in Total Annual Fund Operating Expenses or in the example, affect the Fund’s performance. During the most recent fiscal year ended December 31, 2024, the Fund’s portfolio turnover rate was 58.24% of the average value of its portfolio.
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| Portfolio Turnover, Rate | rr_PortfolioTurnoverRate | 58.24% | ||||||||
| Expense Example [Heading] | rr_ExpenseExampleHeading | Example | ||||||||
| Expense Example Narrative [Text Block] | rr_ExpenseExampleNarrativeTextBlock | This example is intended to help you compare the cost of investing in the Fund with the cost of investing in other mutual funds. The example assumes that you invest $10,000 in the Fund for the time periods indicated and then redeem all of your shares at the end of those periods. The example also assumes that your investment has a 5% return each year and that the Fund’s operating expenses remain the same. Although your actual costs may be higher or lower, based on these assumptions your costs would be:
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| Strategy [Heading] | rr_StrategyHeading | Principal Investment Strategies | ||||||||
| Strategy Narrative [Text Block] | rr_StrategyNarrativeTextBlock | The Fund’s investment objective is pursued through a “Value, Yield-Advantage” strategy (as described in more detail below) through investment in public real estate securities, which may include equity real estate investment trusts (a “REIT” or “REITs”), mortgage REITs, REIT preferreds, and other publicly traded companies whose primary business is in the real estate industry. This strategy often leads to investment in smaller capitalization companies (under $1B). The composition of the portfolio does not seek to mimic equity REIT indices.
Under normal conditions, the Fund invests at least 80% of its net assets, plus the amount of any borrowings for investment purposes, in equity securities of companies principally engaged in the real estate industry and other real estate related investments. Equity securities can consist of shares of REITs, and securities issued by other companies principally engaged in the real estate industry. Equity securities can also include securities convertible into common stocks where the conversion feature represents, in the Adviser’s view, a significant element of a security’s value, and preferred stocks.
The Fund considers a company to be principally engaged in the real estate industry if it either (i) derives at least 50% of its revenues from the ownership, construction, financing, management or sale of commercial or residential real estate or (ii) has at least 50% of its assets in real estate or such real estate businesses. These include securities issued by REITs and real estate operating companies. The Fund does not invest in real estate directly.
The Value, Yield-Advantage strategy seeks to invest in companies that in the Adviser’s view have (i) underlying real estate assets that are trading at a discount to the private market value of such assets and (ii) have an above-average dividend yield or strong free cash flow. The Adviser screens its universe of real estate securities for a number of proprietary valuation, income, and balance sheet metrics to identify candidates for investment. This process is combined with in-depth industry and company -specific research to narrow the investment options for the Fund. The Fund may invest in companies without regard to their market capitalization. The Fund’s strategy is an all-cap strategy which means that investments are made without regard to a company’s market capitalization. The Fund’s investment process is indifferent to index weightings, which generally results in a portfolio that is differentiated by company names and percentage exposures. The portfolio of securities in which the Fund invests will normally be U.S. issuers that are considered by the Adviser to be undervalued relative to the value of the underlying real estate.
In executing its investment strategy, the Fund may use leverage, i.e., borrow money for investing, for the purpose of enhancing returns and meeting operating expenses and redemption requests while maintaining investment capacity. When the Fund borrows, it will maintain varying levels of leverage depending on factors such as the price of a particular security relative to the underlying real estate associated with that security and the returns of the security relative to the interest expense of the Fund. The amount of leverage may not exceed 33-1/3% of the Fund’s total assets less its liabilities other than borrowings. The Adviser is most likely to employ the use of leverage during periods when it believes it will obtain a greater return than the cost of borrowing, and when the Adviser believes that the securities are trading at a discount to their underlying real estate value. Notwithstanding this expectation, the Fund will not use leverage, or will use leverage to a lesser extent, if the Adviser anticipates that leveraged assets in the Fund would result in lower returns to shareholders. The Adviser may also purchase securities for which there is a limited liquid market or companies with limited operating histories.
The Fund may take short positions totaling up to 30% of the Fund’s total assets. The Adviser is most likely to use shorting to protect accumulated unrealized gains, or to take advantage of special situations where, in the Adviser’s view, the investment’s fundamental outlook is believed poor relative to its current valuation. Short sales may occur if the Adviser determines an event is likely to have downward impact on the market price of a company’s securities. The Adviser may short either individual securities and/or index funds when appropriate.
While both leverage and shorting are permitted, neither is required to execute the Fund’s Value, Yield-Advantage investment process. The Fund is long biased, which means that on a net basis that it will have more exposure to long positions in its portfolio than short positions.
The remainder of the Fund’s assets will be invested in cash or short-term investments or securities of real estate operating companies that may pay little or no dividends.
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| Risk [Heading] | rr_RiskHeading | Principal Risks | ||||||||
| Bar Chart and Performance Table [Heading] | rr_BarChartAndPerformanceTableHeading | Performance Information | ||||||||
| Performance Narrative [Text Block] | rr_PerformanceNarrativeTextBlock | The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for the periods indicated compare with those of a broad measure of market performance. The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. Updated performance information is available at https://ldrcapitalmgmt.com/ or by calling toll-free 800-673-0550.
The Fund acquired the assets and assumed the historical performance of another mutual fund (the “Predecessor Fund”) on November 25, 2005. The performance shown in the table for periods between that date and December 16, 2002 is the performance of the Predecessor Fund. On December 16, 2002, the Predecessor Fund acquired the assets of an unregistered, similarly managed investment company (the “Partnership”). Performance prior to that date is that of the Partnership. The Partnership was not subject to the same investment and tax restrictions as the Predecessor Fund or the Fund; if it had been, the Partnership’s performance may have been lower. Additionally, on August 15, 2014, the Fund was reorganized from a series of World Funds, Inc., a Maryland corporation, to a series of the Trust, a Delaware statutory trust (the “Reorganization”). The performance information shown below is based upon the average total returns of the Fund (which, as noted above, includes the performance of the Fund prior to the Reorganization). The performance information below is intended to serve as an illustration of the variability of the Fund’s returns. The Fund’s fee and expense structure prior to the Reorganization was different and could have impacted results.
The following bar chart shows the annual returns for the Institutional Shares of the Fund for the previous ten calendar years. The performance of the Fund’s Platform Shares and Z Shares will differ from the returns of the Fund’s Institutional Shares shown in the bar chart because the expenses of the Classes differ.
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| Performance Information Illustrates Variability of Returns [Text] | rr_PerformanceInformationIllustratesVariabilityOfReturns | The bar chart and table below provide some indication of the risks of investing in the Fund by showing changes in the Fund’s performance from year to year and by showing how the Fund’s average annual returns for the periods indicated compare with those of a broad measure of market performance. | ||||||||
| Performance Availability Phone [Text] | rr_PerformanceAvailabilityPhone | 800-673-0550 | ||||||||
| Performance Availability Website Address [Text] | rr_PerformanceAvailabilityWebSiteAddress | https://ldrcapitalmgmt.com/ | ||||||||
| Performance Past Does Not Indicate Future [Text] | rr_PerformancePastDoesNotIndicateFuture | The Fund’s past performance (before and after taxes) is not necessarily an indication of how the Fund will perform in the future. | ||||||||
| Bar Chart [Heading] | rr_BarChartHeading | Year-By-Year Annual Returns | ||||||||
| Bar Chart Closing [Text Block] | rr_BarChartClosingTextBlock | During the periods shown, the was (quarter ended ) and the was (quarter ended ).
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| Performance Table Heading | rr_PerformanceTableHeading | Average Annual Returns for Periods Ended December 31, 2024* | ||||||||
| Performance Table Market Index Changed | rr_PerformanceTableMarketIndexChanged | In connection with newly adopted SEC regulations applicable to the Fund, the S&P 500® Index is the Fund’s new broad-based securities market index. The Fund will continue to show performance for the FTSE NAREIT All Equity REIT Index, the Fund’s secondary securities market index. | ||||||||
| Performance Table Uses Highest Federal Rate | rr_PerformanceTableUsesHighestFederalRate | After-tax returns are calculated using the historical highest marginal individual U.S. federal income tax rates and do not reflect the impact of state and local taxes. | ||||||||
| Performance Table Not Relevant to Tax Deferred | rr_PerformanceTableNotRelevantToTaxDeferred | After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRA”). | ||||||||
| Performance Table One Class of after Tax Shown [Text] | rr_PerformanceTableOneClassOfAfterTaxShown | The after-tax returns for the Platform Shares and Z Shares will differ from those of the Institutional Shares as the expenses of the Classes differ. | ||||||||
| Performance Table Narrative | rr_PerformanceTableNarrativeTextBlock | The table below shows how average annual total returns of the Fund’s Institutional Shares compared to those of the Fund’s broad-based market benchmark, the S&P 500®Index, and the FTSE NAREIT All Equity REIT Index, which is the Fund’s secondary index. The table also presents the impact of taxes on the Fund’s Institutional Shares. After-tax returns are calculated using the historical highest marginal individual U.S. federal income tax rates and do not reflect the impact of state and local taxes. Actual after-tax returns depend on an investor’s tax situation and may differ from those shown. After-tax returns shown are not relevant to investors who hold their Fund shares through tax-deferred arrangements, such as 401(k) plans or individual retirement accounts (“IRA”). Because the Partnership was not a regulated investment company and, therefore, did not distribute current or accumulated earnings and profits, after-tax returns are not included for the period of the Partnership’s operations (December 1, 1999 to December 16, 2002). The after-tax returns for the Platform Shares and Z Shares will differ from those of the Institutional Shares as the expenses of the Classes differ.
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| LDR Real Estate Value-Opportunity Fund | Risk Lose Money [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | An investment in the Fund is not guaranteed and you may lose money by investing in the Fund. | ||||||||
| LDR Real Estate Value-Opportunity Fund | Real Estate Market and Related Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Real Estate Market and Related Risk. Since the Fund concentrates its assets in the real estate industry, your investment in the Fund involves many of the risks of investing directly in real estate such as declining real estate values, changing economic conditions and increasing interest rates. The value of the Fund’s holdings in real estate exposed companies may be affected negatively by factors unrelated to real estate markets.
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| LDR Real Estate Value-Opportunity Fund | REIT Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | REIT Risk. REITs are pooled investment vehicles which include equity REITs and mortgage REITs.
Equity REITs invest the majority of their assets directly in real property and derive income primarily from the collection of rents. Equity REITs can also realize capital gains by selling property that has appreciated in value.
Mortgage REITs invest the majority of their assets in real estate mortgages and derive income from the collection of interest payments.
Like investment companies, REITs are not taxed on income distributed to shareholders provided they comply with certain requirements of the Internal Revenue Code of 1986, as amended (the “Code”). The Fund will indirectly bear its proportionate share of expenses incurred by REITs in which the Fund invests in addition to the expenses incurred directly by the Fund. The Fund will be subject to risks similar to those associated with the direct ownership of real estate, including: declines in the value of real estate, risks related to general and local economic conditions, dependency on management skill, heavy cash flow dependency, possible lack of availability of mortgage funds, overbuilding, extended vacancies of properties, increased competition, increases in property taxes and operating expenses, changes in zoning laws, losses due to costs resulting from the clean-up of environmental problems, liability to third parties for damages resulting from environmental problems, casualty or condemnation losses, lost rents due to public health crises, limitations on rents, changes in neighborhood values and the appeal of properties to tenants, changes in interest rates and changes in the tax laws.
Additionally, equity REITs may be affected by changes in the value of the underlying property owned by the REITs, while mortgage REITs may be affected by the quality of any credit extended. REITs are dependent upon management skills, are not diversified, and are subject to heavy cash flow dependency, default by borrowers and self-liquidation. REITs are also subject to the possibilities of failing to qualify for tax free pass-through of income under the Code and failing to maintain their exemption from registration under the Investment Company Act of 1940, as amended (the “1940 Act”).
REITs, and in particular, mortgage REITs, are also subject to interest rate risks. When interest rates decline, the value of a REIT’s investment in fixed rate obligations can be expected to rise. Conversely, when interest rates rise, the value of a REIT’s investment in fixed rate obligations can be expected to decline. In contrast, as interest rates on adjustable-rate mortgage loans are reset periodically, yields on a REIT’s investment in such loans will gradually align themselves to fluctuate less dramatically in response to interest rate fluctuations than would investments in fixed rate obligations.
Investments in REITs may also be subject to limited financial resources, infrequent or limited trading, and abrupt or erratic price movements.
The distributions the Fund receives from REITs generally will be taxable as ordinary income (to the extent that they come from mortgage interest and rents), rather than qualifying for the lower rate on qualified dividends.
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| LDR Real Estate Value-Opportunity Fund | Investment in Smaller Companies Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Investment in Smaller Companies Risk. The Fund may be focused on smaller companies (those companies with a market capitalization of less than $1 billion). Smaller real estate company stocks can be more volatile and speculative than, and perform differently from, larger real estate company stocks. Smaller companies tend to have limited resources, products, and market share and are dependent on a smaller management group than larger companies. As a result, their share prices tend to fluctuate more than those of larger companies. Their shares may also trade less frequently and in limited volume, making them potentially less liquid. The prices of small company stocks may fall regardless of trends in the broader market.
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| LDR Real Estate Value-Opportunity Fund | Leverage Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Leverage Risk. The Fund may use leverage in executing its investment strategy. Leverage will increase the volatility of the Fund’s performance and its risk. The amount of leverage may not exceed 33-1/3% of the Fund’s total assets less its liabilities other than borrowings. The amount of the Fund’s borrowings, and the interest rates at which the Fund borrows, in particular, will affect the operating results of the Fund. There can be no assurance that a leveraging strategy will be successful.
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| LDR Real Estate Value-Opportunity Fund | Short Sales Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Short Sales Risk. The Fund may engage in short sales of securities and index funds in executing its investment strategy. Short sales may not exceed 30% of the Fund’s total assets. Short sales may occur if the Adviser determines an event is likely to have a downward impact on the market price of a company’s securities. Such practices can, in certain circumstances, substantially increase the impact of adverse price movements on the Fund’s portfolio. Short sales may involve substantial risk and leverage. Short sales expose the Fund to the risk that it will be required to buy the security sold short (also known as “covering” the short position) at a time when the security has appreciated in value, thus resulting in a loss to the Fund. The Fund may incur expenses in selling securities short. A short sale of a security involves the risk of a theoretically unlimited increase in the market price of the security, which could result in an inability to cover the short position or a theoretically unlimited loss.
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| LDR Real Estate Value-Opportunity Fund | Index Non-Correlation Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Index Non-Correlation Risk. The Fund does not attempt to mimic the composition or performance of any index, including any equity REIT indices. The Fund’s investment process will not take into consideration the weightings or composition of any indices, including any equity REIT indices. As a result, there is a significant risk that the performance of the Fund will deviate from that of any particular indices.
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| LDR Real Estate Value-Opportunity Fund | Stock Market Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Stock Market Risk. Stock prices in general rise and fall as a result of investors’ perceptions of the market as a whole. If the stock market drops in value, the value of the Fund’s portfolio investments is also likely to decrease in value. The increase or decrease in the value of the Fund’s investments, in percentage terms, may be more or less than the increase or decrease in the value of the market. The value of securities in the Fund’s portfolio may decline due to daily fluctuations in the securities markets, including fluctuation in interest rates, national and international economic conditions and general equity market conditions. Local, regional, and global events such as war, acts of terrorism, the spread of infectious diseases or other public health issues, recessions, or other events could have a significant impact on the Fund’s investments.
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| LDR Real Estate Value-Opportunity Fund | Investment Style Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Investment Style Risk. The Fund pursues a value style of investing. Value investing focuses on companies with stocks that appear undervalued in light of factors such as the company’s earnings, book value, revenues or cash flow. If the Adviser’s assessment of a company’s value or prospects for exceeding earnings expectations or market conditions is wrong, the Fund could suffer losses or produce poor performance relative to other funds. In addition, value stocks can continue to be undervalued by the market for long periods of time.
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| LDR Real Estate Value-Opportunity Fund | Preferred Securities Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Preferred Securities Risk. Preferred securities combine features of both fixed income and equity. Preferred securities tend to exhibit characteristics more like traditional fixed income securities because regular income distributions are the principal source of return, as opposed to capital appreciation. Therefore, prices of preferred securities can rise or fall depending on interest rates. Adverse changes in the credit quality of the issuer may negatively impact the market value of the securities. This credit risk may also include that the issuer cannot afford to pay the preferred dividend due to tenant vacancies, defaults, or other cash flow issues. The securities may be redeemed beginning on their call date, or at any time following a special event (e.g., a change in tax law that adversely affects the Company with regard to the securities). If called, holders may face a reinvestment decision at lower future rates. Certain events can impact a preferred security issuer’s financial situation and ability to make timely payments to shareholders, including economic, political, legal, or regulatory changes and natural disasters. Event risk is unpredictable and can significantly impact preferred security holders since they are paid after bondholders. Also, in the event of a sale or privatization of a company, its preferred shares may be negatively impacted. Preferred securities are also subject to duration risk as they are long-duration instruments, typically callable only at the option of the issuer. They are also subject to the risk that if the company is taken over by another company with higher leverage than the current issuer, coverages and other credit metrics could decline making the preferred security less valuable.
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| LDR Real Estate Value-Opportunity Fund | Convertible Securities Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Convertible Securities Risk. The market values of convertible securities are affected by market interest rates, the risk of issuer default on interest or principal payments and the value of the underlying common stock into which the convertible security may be converted. Additionally, a convertible security is subject to the same types of market and issuer risk as apply to underlying common stock. In addition, certain convertible securities are subject to involuntary conversions and may undergo principal write-downs upon the occurrence of certain triggering events, and, as a result, are subject to an increased risk of loss. Convertible securities may be rated below investment grade.
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| LDR Real Estate Value-Opportunity Fund | Restricted and Illiquid Securities Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Restricted and Illiquid Securities Risk. Certain securities generally trade in lower volume and may be less liquid than securities of large established companies. If a security is illiquid, the Adviser may not be able to sell the security at a time when it might wish to sell, which means that the Fund could lose money.
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| LDR Real Estate Value-Opportunity Fund | Debt Securities Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Debt Securities Risk. Debt securities are issued with a specific interest rate and maturity. Once the securities are issued, they are subject to credit risk and interest rate risk. Credit risk is the chance that the issuer will fail to pay the stipulated interest payments on the security, or to pay the principal at maturity. Negative perceptions of the issuer’s ability to make interest or principal payments will cause the price of the security to decline. While U.S. government-backed debt securities generally are considered to be among the highest credit quality, they are subject to market risk. The U.S. government guarantees the timely payment of interest and principal on U.S. Treasury securities but does not guarantee their price.
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| LDR Real Estate Value-Opportunity Fund | Interest Rate Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Interest Rate Risk. The value of common and preferred equities generally can be expected to fall when interest rates rise and to rise when interest rates fall. Interest rate risk is the risk that interest rates will rise, so that the value of the Fund’s investments that are interest rate sensitive will fall. Because interest rate risk is the primary risk presented by bills, notes and bonds that are issued, sponsored, or guaranteed by the U.S. government, its agencies or instrumentalities (“U.S. Government Securities”) and other very high-quality bonds, changes in interest rates may actually have a larger effect on the value of those bonds than on lower quality bonds. The risks associated with rising interest rates are heightened given the historically low interest rate environment as of the date of this prospectus. Interest rates may continue to rise in the future, possibly suddenly and significantly, with unpredictable effects on the financial markets and the Fund’s investments. Fixed income instruments with longer durations are subject to more volatility than those with shorter durations.
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| LDR Real Estate Value-Opportunity Fund | Credit Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Credit Risk. Credit risk is the risk that a security in the Fund’s portfolio will decline in price or the issuer will fail to make dividend, interest, or principal payments when due because the issuer of the security experiences a decline in its financial status. Real estate companies, including REITs, may be leveraged and financial covenants may affect the ability of REITs to operate effectively.
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| LDR Real Estate Value-Opportunity Fund | Concentration Risk [Member] | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Risk [Text Block] | rr_RiskTextBlock | Concentration Risk. The Fund will concentrate its investments in real estate companies and other publicly traded companies whose asset base is primarily real estate. As such, the Fund will be subject to risks similar to those associated with the direct ownership of real estate including those noted above under “Real Estate Market Risk and Related Risk.”
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| LDR Real Estate Value-Opportunity Fund | Institutional Shares | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Trading Symbol | dei_TradingSymbol | HLRRX | ||||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.90% | ||||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||
| Component1 Other Expenses | rr_Component1OtherExpensesOverAssets | 0.08% | ||||||||
| Component2 Other Expenses | rr_Component2OtherExpensesOverAssets | 1.59% | [1] | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 1.67% | ||||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 2.57% | [2] | |||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 260 | ||||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 799 | ||||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,365 | ||||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,905 | ||||||||
| Annual Return 2015 | rr_AnnualReturn2015 | (0.95%) | ||||||||
| Annual Return 2016 | rr_AnnualReturn2016 | 9.89% | ||||||||
| Annual Return 2017 | rr_AnnualReturn2017 | (1.36%) | ||||||||
| Annual Return 2018 | rr_AnnualReturn2018 | (13.63%) | ||||||||
| Annual Return 2019 | rr_AnnualReturn2019 | 31.75% | ||||||||
| Annual Return 2020 | rr_AnnualReturn2020 | (3.71%) | ||||||||
| Annual Return 2021 | rr_AnnualReturn2021 | 40.39% | ||||||||
| Annual Return 2022 | rr_AnnualReturn2022 | (21.25%) | ||||||||
| Annual Return 2023 | rr_AnnualReturn2023 | 10.48% | ||||||||
| Annual Return 2024 | rr_AnnualReturn2024 | 9.45% | ||||||||
| Highest Quarterly Return, Label | rr_HighestQuarterlyReturnLabel | highest quarterly return | ||||||||
| Highest Quarterly Return, Date | rr_BarChartHighestQuarterlyReturnDate | Jun. 30, 2020 | ||||||||
| Highest Quarterly Return | rr_BarChartHighestQuarterlyReturn | 23.67% | ||||||||
| Lowest Quarterly Return, Label | rr_LowestQuarterlyReturnLabel | lowest quarterly return | ||||||||
| Lowest Quarterly Return, Date | rr_BarChartLowestQuarterlyReturnDate | Mar. 31, 2020 | ||||||||
| Lowest Quarterly Return | rr_BarChartLowestQuarterlyReturn | (36.77%) | ||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.45% | [3] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 5.18% | [3] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 4.63% | [3] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 8.51% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 2002 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | Partnership | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 9.56% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 01, 1999 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | After Taxes on Distributions | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 7.25% | [3] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 1.88% | [3] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 1.66% | [3] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 5.88% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 2002 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | After Taxes on Distributions and Sales | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 5.53% | [3] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 2.89% | [3] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 2.63% | [3] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 6.05% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 2002 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | S&P 500® Index | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 25.02% | [3],[4] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 14.53% | [3],[4] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 13.10% | [3],[4] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 10.96% | [3],[4] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 2002 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | FTSE NAREIT All Equity REIT Index (reflects no deduction for fees, expenses or taxes) | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 4.92% | [3] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 3.92% | [3] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 5.83% | [3] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 9.29% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 16, 2002 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | Partnership - S&P 500® Index | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 7.89% | [3],[4] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 01, 1999 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Institutional Shares | Partnership - FTSE NAREIT All Equity REIT Index (reflects no deduction for fees, expenses or taxes) | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 9.98% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 01, 1999 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Platform Shares | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Trading Symbol | dei_TradingSymbol | HLPPX | ||||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.90% | ||||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | 0.25% | ||||||||
| Component1 Other Expenses | rr_Component1OtherExpensesOverAssets | 0.25% | ||||||||
| Component2 Other Expenses | rr_Component2OtherExpensesOverAssets | 1.63% | [1] | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 1.88% | ||||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 3.03% | [2] | |||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 306 | ||||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 936 | ||||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,591 | ||||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 3,346 | ||||||||
| 1 Year | rr_AverageAnnualReturnYear01 | 9.08% | [3] | |||||||
| 5 Years | rr_AverageAnnualReturnYear05 | 4.89% | [3] | |||||||
| 10 Years | rr_AverageAnnualReturnYear10 | 4.36% | [3] | |||||||
| Since Inception | rr_AverageAnnualReturnSinceInception | 8.54% | [3] | |||||||
| Inception Date | rr_AverageAnnualReturnInceptionDate | Dec. 22, 2009 | [3] | |||||||
| LDR Real Estate Value-Opportunity Fund | Z Shares | ||||||||||
| Prospectus [Line Items] | rr_ProspectusLineItems | |||||||||
| Trading Symbol | dei_TradingSymbol | HLZZX | ||||||||
| Management Fees (as a percentage of Assets) | rr_ManagementFeesOverAssets | 0.90% | ||||||||
| Distribution and Service (12b-1) Fees | rr_DistributionAndService12b1FeesOverAssets | none | ||||||||
| Component1 Other Expenses | rr_Component1OtherExpensesOverAssets | none | ||||||||
| Component2 Other Expenses | rr_Component2OtherExpensesOverAssets | 1.59% | [1] | |||||||
| Other Expenses (as a percentage of Assets): | rr_OtherExpensesOverAssets | 1.59% | ||||||||
| Expenses (as a percentage of Assets) | rr_ExpensesOverAssets | 2.49% | [2] | |||||||
| Expense Example, with Redemption, 1 Year | rr_ExpenseExampleYear01 | $ 252 | ||||||||
| Expense Example, with Redemption, 3 Years | rr_ExpenseExampleYear03 | 776 | ||||||||
| Expense Example, with Redemption, 5 Years | rr_ExpenseExampleYear05 | 1,326 | ||||||||
| Expense Example, with Redemption, 10 Years | rr_ExpenseExampleYear10 | $ 2,826 | ||||||||
| ||||||||||