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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2017
Related Party Transactions [Abstract]  
Revenues for Services Provided or Related to the Mutual Funds
Revenues for services provided or related to the mutual funds are as follows:
 
Years Ended December 31,
 
2017
 
2016
 
2015
 
(in thousands)
Investment advisory and services fees
$
1,148,467

 
$
998,892

 
$
1,056,227

Distribution revenues
397,674

 
371,604

 
415,380

Shareholder servicing fees
73,310

 
76,201

 
85,207

Other revenues
6,942

 
6,253

 
4,939

Bernstein Research Services
13

 
5

 
4

Consolidated Financial Statements for Transactions with Related Parties
Aggregate amounts included in the consolidated financial statements for transactions with AXA and its subsidiaries, as of and for the years ended December 31, are as follows:
 
2017
 
2016
 
2015
 
(in thousands)
Revenues:
 
 
 
 
 
Investment advisory and services fees
$
157,430

 
$
150,016

 
$
149,035

Bernstein Research Services
403

 
583

 
694

Distribution revenues
13,387

 
12,145

 
11,541

Other revenues
1,130

 
969

 
912

 
$
172,350

 
$
163,713

 
$
162,182

Expenses:
 

 
 

 
 

Commissions and distribution payments to financial intermediaries
$
19,202

 
$
16,077

 
$
16,140

General and administrative
12,428

 
16,315

 
17,680

Other
1,696

 
1,653

 
1,483

 
$
33,326

 
$
34,045

 
$
35,303

Balance Sheet:
 

 
 

 
 
Institutional investment advisory and services fees receivable
$
13,806

 
$
11,826

 
 
Prepaid expenses
2,905

 
1,461

 
 
Other due to AXA and its subsidiaries
(19,666
)
 
(5,325
)
 
 
 
$
(2,955
)
 
$
7,962