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Changes in Capital (Tables)
6 Months Ended
Jun. 30, 2017
Equity [Abstract]  
Summary of Changes in Capital
Changes in capital during the six-month period ended June 30, 2017 were as follows: 

 
Partners’ Capital Attributable to AB Unitholders
 
Non-Controlling Interests In Consolidated Entities
 
Total Capital
 
(in thousands)
 
 
 
 
 
 
Balance as of December 31, 2016
$
4,032,017

 
$
36,172

 
$
4,068,189

Comprehensive income:
 

 
 

 
 

Net income
275,040

 
9,610

 
284,650

Other comprehensive income, net of tax:
 

 
 

 
 

Unrealized gains on investments
8

 

 
8

Foreign currency translation adjustments
15,407

 
949

 
16,356

Changes in employee benefit related items
456

 

 
456

Comprehensive income
290,911

 
10,559

 
301,470

 
 
 
 
 
 
Distributions to General Partner and unitholders
(339,139
)
 

 
(339,139
)
Compensation-related transactions
(96,889
)
 

 
(96,889
)
Capital contributions to affiliates
(280
)
 

 
(280
)
Purchase of non-controlling interest
173

 
(2,006
)
 
(1,833
)
Distributions to non-controlling interests of our consolidated venture capital fund

 
(7,868
)
 
(7,868
)
Other
(679
)
 

 
(679
)
Balance as of June 30, 2017
$
3,886,114

 
$
36,857

 
$
3,922,971



Changes in capital during the six-month period ended June 30, 2016 were as follows:

 
Partners’ Capital Attributable to AB Unitholders
 
Non-Controlling Interests In Consolidated Entities
 
Total Capital
 
(in thousands)
 
 
 
 
 
 
Balance as of December 31, 2015
$
3,992,748

 
$
24,473

 
$
4,017,221

Comprehensive income:
 

 
 

 
 

Net income (loss)
290,785

 
(6,953
)
 
283,832

Other comprehensive income, net of tax:
 

 
 

 
 

Unrealized (losses) on investments
(13
)
 

 
(13
)
Foreign currency translation adjustments
107

 
(5
)
 
102

Changes in employee benefit related items
(36
)
 

 
(36
)
Comprehensive income
290,843

 
(6,958
)
 
283,885

 
 
 
 
 
 
Distributions to General Partner and unitholders
(275,930
)
 

 
(275,930
)
Compensation-related transactions
(76,983
)
 

 
(76,983
)
Capital contributions from affiliates
(120
)
 

 
(120
)
Other
(337
)
 

 
(337
)
Balance as of June 30, 2016
$
3,930,221

 
$
17,515

 
$
3,947,736