Changes in Capital (Tables)

9 Months Ended

Sep. 30, 2017

Changes in capital during the nine-month period ended September 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	415,994			9,680			425,674
Other comprehensive income, net of tax:
Unrealized gains on investments	9			—			9
Foreign currency translation adjustments	23,114			977			24,091
Changes in employee benefit related items	755			—			755
Comprehensive income	439,872			10,657			450,529

Distributions to General Partner and unitholders	(489,049		)	—			(489,049		)
Compensation-related transactions	(89,567		)	—			(89,567		)
Capital contributions from affiliates	79			—			79
Purchase of non-controlling interest	172			(2,005		)	(1,833		)
Distributions to non-controlling interests of our consolidated venture capital fund	—			(43,217		)	(43,217		)
Other	1,257			—			1,257
Balance as of September 30, 2017	$	3,894,781		$	1,607		$	3,896,388

Changes in capital during the nine-month period ended September 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)	448,820			5,689		454,509
Other comprehensive income, net of tax:
Unrealized (losses) on investments	(2		)	—		(2		)
Foreign currency translation adjustments	521			24		545
Changes in employee benefit related items	238			—		238
Comprehensive income	449,577			5,713		455,290

Distributions to General Partner and unitholders	(400,441		)	—		(400,441		)
Compensation-related transactions	(119,877		)	—		(119,877		)
Capital contributions from affiliates	439			—		439
Other	1,742			363		2,105
Balance as of September 30, 2016	$	3,924,188		$	30,549	$	3,954,737