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Related Party Transactions (Tables)
12 Months Ended
Dec. 31, 2018
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,
 
2018
 
2017
 
2016
 
(in thousands)
Investment advisory and services fees
$
1,207,086

 
$
1,148,467

 
$
998,892

Distribution revenues
403,965

 
397,674

 
371,604

Shareholder servicing fees
74,019

 
73,310

 
76,201

Other revenues
7,262

 
6,942

 
6,253

Bernstein Research Services
33

 
13

 
5

Consolidated Financial Statements for Transactions with Related Parties
Aggregate amounts included in the consolidated financial statements for transactions
with AXA, EQH and their subsidiaries, as of and for the years ended December 31, are as follows:
 
2018
 
2017
 
2016
 
(in thousands)
Revenues:
 
 
 
 
 
Investment advisory and services fees
$
169,157

 
$
157,430

 
$
150,016

Bernstein Research Services
134

 
403

 
583

Distribution revenues
13,897

 
13,387

 
12,145

Other revenues
1,729

 
1,130

 
969

 
$
184,917

 
$
172,350

 
$
163,713

Expenses:
 

 
 

 
 

Commissions and distribution payments to financial intermediaries
$
21,567

 
$
19,202

 
$
16,077

General and administrative
15,006

 
12,428

 
16,315

Other
1,485

 
1,696

 
1,653

 
$
38,058

 
$
33,326

 
$
34,045

Balance Sheet:
 

 
 

 
 
Institutional investment advisory and services fees receivable
$
17,612

 
$
13,806

 
 
Prepaid expenses
364

 
2,905

 
 
Other due to AXA, EQH and their subsidiaries
(7,259
)
 
(19,666
)
 
 
 
$
10,717

 
$
(2,955
)