XML 21 R11.htm IDEA: XBRL DOCUMENT v3.22.2.2
Revenue Recognition
 9 Months Ended
Sep. 30, 2022
Revenue from Contract with Customer [Abstract]  
Revenue Recognition Revenue Recognition
Revenues for the three and nine months ended September 30, 2022 and 2021 consisted of the following:
Three Months Ended September 30,Nine Months Ended September 30,
2022202120222021
(in thousands)
Subject to contracts with customers:
    Investment advisory and services fees
        Base fees$700,809 $758,524 $2,145,307 $2,169,932 
        Performance-based fees13,755 18,273 112,515 87,955 
    Bernstein research services91,557 113,340 315,806 338,016 
    Distribution revenues
        All-in-management fees69,717 89,737 224,337 260,992 
        12b-1 fees16,594 21,681 53,547 62,368 
        Other distribution fees61,649 59,194 191,547 150,390 
    Other revenues
        Shareholder servicing fees21,474 23,495 66,282 67,573 
        Other5,383 3,526 13,210 12,142 
980,938 1,087,770 3,122,551 3,149,368 
Not subject to contracts with customers:
    Dividend and interest income, net of interest expense
9,668 7,834 31,960 23,298 
    Investment (losses) gains(3,861)(2,724)(91,105)3,385 
    Other revenues239 (48)709 869 
6,046 5,062 (58,436)27,552 
Total net revenues$986,984 $1,092,832 $3,064,115 $3,176,920