Revenue Recognition (Tables)

3 Months Ended

Mar. 31, 2019

Revenue from Contract with Customer [Abstract]

Revenues

Revenues for the three months ended March 31, 2019 and 2018 consisted of the following:

	Three Months Ended March 31,
	2019		2018
	(in thousands)
Subject to contracts with customers:
Investment advisory and services fees
Base fees	$	552,230	$	567,856
Performance-based fees	4,364		6,260
Bernstein research services	90,235		114,400
Distribution revenues
All-in-management fees	61,773		66,748
12b-1 fees	19,586		22,534
Other	19,150		18,722
Other revenues
Shareholder servicing fees	17,830		19,530
Other	4,018		5,753
	769,186		821,803
Not subject to contracts with customers:
Dividend and interest income, net of interest expense	10,183		18,675
Investment gains (losses)	15,735		26,082
Other revenues	358		1,227
	26,276		45,984
Total net revenues	$	795,462	$	867,787