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Changes in Capital (Tables)
6 Months Ended
Jun. 30, 2018
Equity [Abstract]  
Summary of Changes in Capital
Changes in capital during the six-month period ended June 30, 2018 were as follows: 

 
Partners’ Capital Attributable to AB Unitholders
 
Non-Redeemable Non-Controlling Interests In Consolidated Entities
 
Total Capital
 
(in thousands)
Balance as of December 31, 2017
$
4,061,740

 
$
1,564

 
$
4,063,304

Comprehensive income:
 

 
 

 
 

Net income
365,861

 
118

 
365,979

Other comprehensive income, net of tax:
 

 
 

 
 

Foreign currency translation adjustments
(10,611
)
 
(23
)
 
(10,634
)
Changes in employee benefit related items
463

 

 
463

Other
374

 

 
374

Comprehensive income
356,087

 
95

 
356,182

 
 
 
 
 
 
Distributions to General Partner and unitholders
(466,522
)
 

 
(466,522
)
Compensation-related transactions
(11,805
)
 

 
(11,805
)
Capital contributions to affiliates
(1,178
)
 

 
(1,178
)
Impact of adoption of revenue recognition standard ASC 606 and ASU 2016-01
34,577

 

 
34,577

Balance as of June 30, 2018
$
3,972,899

 
$
1,659

 
$
3,974,558





Changes in capital during the six-month period ended June 30, 2017 were as follows:

 
Partners’ Capital Attributable to AB Unitholders
 
Non-redeemable 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 (losses) 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