XML 13 R2.htm IDEA: XBRL DOCUMENT v3.10.0.1
Condensed Consolidated Statements of Financial Condition - USD ($)
$ in Thousands
Jun. 30, 2018
Dec. 31, 2017
ASSETS    
Cash and cash equivalents $ 628,758 $ 671,930
Cash and securities segregated, at fair value (cost: $1,288,801 and $816,350) 1,288,867 816,350
Receivables, net:    
Brokers and dealers 351,085 199,690
Brokerage clients 1,646,767 1,647,059
AB funds fees 201,008 212,115
Other fees 108,671 124,164
Investments:    
Long-term incentive compensation-related 57,031 66,034
Other 448,606 377,555
Cash and cash equivalents 652,451 998,448
Other assets 281,424 211,893
Furniture, equipment and leasehold improvements, net 151,115 157,569
Goodwill 3,066,700 3,066,700
Intangible assets, net 91,824 105,784
Deferred sales commissions, net 16,762 30,126
Total assets 8,672,114 9,295,167
Payables:    
Brokers and dealers 378,402 237,861
Securities sold not yet purchased 25,796 29,961
Brokerage clients 2,713,377 2,229,371
AB mutual funds 56,153 82,967
Accounts payable and accrued expenses 398,398 515,660
Accrued compensation and benefits 494,805 270,610
Debt 515,129 565,745
Liabilities 4,589,032 4,630,276
Commitments and contingencies (See Note 13)
Redeemable non-controlling interest 108,524 601,587
Capital:    
General Partner 40,886 41,221
Limited partners: 270,222,414 and 268,659,333 units issued and outstanding 4,135,950 4,168,841
Receivables from affiliates (11,705) (11,494)
AB Holding Units held for long-term incentive compensation plans (88,317) (42,688)
Accumulated other comprehensive loss (103,915) (94,140)
Partners’ capital attributable to AB Unitholders 3,972,899 4,061,740
Non-redeemable non-controlling interests in consolidated entities 1,659 1,564
Total capital 3,974,558 4,063,304
Total liabilities, redeemable non-controlling interest and capital 8,672,114 9,295,167
Company-sponsored investment funds    
Investments:    
Cash and cash equivalents 23,693 326,518
Investments 301,625 1,246,283
Other assets 8,178 35,397
Payables:    
Liabilities 6,972 698,101
Redeemable non-controlling interest 103,160 596,223
Capital:    
Non-redeemable non-controlling interests in consolidated entities $ 704 $ 757