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Quarterly Financial Data (Unaudited)
 12 Months Ended
Dec. 31, 2018
Quarterly Financial Data [Abstract]  
Quarterly Financial Data (Unaudited)
Quarterly Financial Data (Unaudited)
 
Quarters Ended 2018
 
December 31
 
September 30
 
June 30
 
March 31
 
(in thousands, except per unit amounts)
Net revenues
$
804,660

 
$
850,176

 
$
844,738

 
$
867,787

Net income attributable to AB Unitholders
$
188,053

 
$
203,674

 
$
181,665

 
$
184,196

Basic net income per AB Unit(1)
$
0.70

 
$
0.75

 
$
0.66

 
$
0.68

Diluted net income per AB Unit(1)
$
0.70

 
$
0.75

 
$
0.66

 
$
0.68

Cash distributions per AB Unit(2)(3)
$
0.71

 
$
0.76

 
$
0.69

 
$
0.80

 
Quarters Ended 2017
 
December 31
 
September 30
 
June 30
 
March 31
 
(in thousands, except per unit amounts)
Net revenues
$
919,141

 
$
812,150

 
$
802,313

 
$
764,917

Net income attributable to AB Unitholders
$
246,409

 
$
140,954

 
$
135,103

 
$
139,937

Basic net income per AB Unit(1)
$
0.92

 
$
0.53

 
$
0.50

 
$
0.52

Diluted net income per AB Unit(1)
$
0.92

 
$
0.52

 
$
0.50

 
$
0.51

Cash distributions per AB Unit(2)(3)
$
0.91

 
$
0.58

 
$
0.56

 
$
0.52

 
(1)
Basic and diluted net income per unit are computed independently for each of the periods presented. Accordingly, the sum of the quarterly net income per unit amounts may not agree to the total for the year.
(2)
Declared and paid during the following quarter.
(3)
Cash distributions reflect the impact of our non-GAAP adjustments.