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Consolidated Statements of Income - USD ($)
$ in Thousands
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Revenues:      
Investment advisory and services fees $ 2,200,400 $ 1,933,471 $ 1,973,837
Bernstein research services 449,919 479,875 493,463
Distribution revenues 412,063 384,405 427,156
Dividend and interest income 71,162 46,939 24,872
Investment gains (losses) 92,102 93,353 3,551
Other revenues 98,040 99,859 101,169
Total revenues 3,323,686 3,037,902 3,024,048
Less: Interest expense 25,165 9,123 3,321
Net revenues 3,298,521 3,028,779 3,020,727
Expenses:      
Employee compensation and benefits 1,313,469 1,229,721 1,267,926
Promotion and servicing:      
Distribution-related payments 420,350 371,607 393,033
Amortization of deferred sales commissions 31,886 41,066 49,145
Trade execution, marketing, T&E and other 204,392 208,538 223,415
General and administrative:      
General and administrative 481,488 426,147 431,635
Real estate charges 36,669 17,704 998
Contingent payment arrangements 267 (20,245) (5,441)
Interest on borrowings 8,194 4,765 3,119
Amortization of intangible assets 27,896 26,311 25,798
Total expenses 2,524,611 2,305,614 2,389,628
Operating income 773,910 723,165 631,099
Income tax 53,110 28,319 44,797
Net income 720,800 694,846 586,302
Net income of consolidated entities attributable to non-controlling interests 58,397 21,488 6,375
Net income attributable to AB Unitholders $ 662,403 $ 673,358 $ 579,927
Net income per AB Unit:      
Basic (in dollars per share) $ 2.46 $ 2.48 $ 2.11
Diluted (in dollars per share) $ 2.45 $ 2.47 $ 2.10