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Quarterly Financial Data (Unaudited) (Tables)
12 Months Ended
Dec. 31, 2016
Quarterly Financial Data [Abstract]  
Quarterly Financial Data
 
Quarters Ended 2016
 
December 31
 
September 30
 
June 30(4)
 
March 31(4)
 
(in thousands, except per unit amounts)
Net revenues
$
786,256

 
$
747,591

 
$
725,806

 
$
769,126

Net income attributable to AB Unitholders
$
224,538

 
$
158,035

 
$
124,501

 
$
166,284

Basic net income per AB Unit(1)
$
0.83

 
$
0.58

 
$
0.46

 
$
0.61

Diluted net income per AB Unit(1)
$
0.83

 
$
0.58

 
$
0.46

 
$
0.60

Cash distributions per AB Unit(2)(3)
$
0.73

 
$
0.51

 
$
0.46

 
$
0.45

 
Quarters Ended 2015
 
December 31(4)
 
September 30(4)
 
June 30(4)
 
March 31(4)
 
(in thousands, except per unit amounts)
Net revenues
$
726,726

 
$
738,693

 
$
792,737

 
$
762,571

Net income attributable to AB Unitholders
$
159,394

 
$
133,308

 
$
147,425

 
$
139,800

Basic net income per AB Unit(1)
$
0.59

 
$
0.49

 
$
0.53

 
$
0.51

Diluted net income per AB Unit(1)
$
0.58

 
$
0.48

 
$
0.53

 
$
0.51

Cash distributions per AB Unit(2)(3)
$
0.56

 
$
0.50

 
$
0.54

 
$
0.51

 
(1)
Basic and diluted net income per unit are computed independently for each of the periods presented. Accordingly, the sum of the quarterly net income per unit amounts may not agree to the total for the year.
(2)
Declared and paid during the following quarter.
(3)
Cash distributions reflect the impact of our non-GAAP adjustments.
(4)
Certain prior-period amounts have been revised, see Note 2 for a discussion of the revision.