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Long-term Incentive Compensation Plans (Tables)
12 Months Ended
Dec. 31, 2018
Compensation Related Costs [Abstract]  
Schedule of Black-Scholes Option Assumptions Valuation Model
 
2016
Risk-free interest rate
1.3
%
Expected cash distribution yield
7.1
%
Historical volatility factor
31.0
%
Expected term
6.0 years

Summary of Option Awards Activity
The option-related activity in our equity compensation plans during 2018 is as follows:
 
Options to Buy
AB Holding
Units
 
Weighted
Average
Exercise 
Price
Per Option
 
Weighted
Average
Remaining
Contractual
Term (Years)
 
Aggregate
Intrinsic
Value
Outstanding as of December 31, 2017
3,082,470

 
$
52.37

 
1.2
 
 
Granted

 

 
 
 
 
Exercised
(889,119
)
 
18.66

 
 
 
 
Forfeited

 

 
 
 
 
Expired
(1,522,108
)
 
85.09

 
 
 
 
Outstanding as of December 31, 2018
671,243

 
22.83

 
1.6
 
$
3.0

Exercisable as of December 31, 2018
634,877

 
22.84

 
1.5
 
2.8

Vested or expected to vest as of December 31, 2018
671,243

 
22.83

 
1.6
 
3.0

Summary of Activity of Unvested Restricted Holding Units
Changes in unvested restricted AB Holding Units during 2018 are as follows:
 
AB Holding
Units
 
Weighted Average
Grant Date Fair
Value per AB Holding
Unit
Unvested as of December 31, 2017
19,072,910

 
$
23.82

Granted
9,123,321

 
26.64

Vested
(7,128,611
)
 
23.72

Forfeited
(853,231
)
 
24.02

Unvested as of December 31, 2018
20,214,389

 
25.12