Net Income per Unit (Tables)

6 Months Ended

Jun. 30, 2023

Earnings Per Unit [Abstract]

Schedule of Earnings Per Unit, Basic and Diluted

Basic net income per unit is derived by reducing net income for the 1% general partnership interest and dividing the remaining 99% by the basic weighted average number of limited partnership units outstanding for each period. Diluted net income per unit is derived by reducing net income for the 1% general partnership interest and dividing the remaining 99% by the total of the diluted weighted average number of limited partnership units outstanding for each period.

	Three Months Ended June 30,				Six Months Ended June 30,
	2023		2022		2023		2022
	(in thousands, except per unit amounts)
Net income attributable to AB Unitholders	$	175,737	$	208,769	$	369,888	$	469,496
Weighted average limited partnership units outstanding – basic	285,670		270,983		285,698		271,182
Dilutive effect of compensatory options to buy AB Holding Units	—		—		—		2
Weighted average limited partnership units outstanding – diluted	285,670		270,983		285,698		271,184
Basic net income per AB Unit	$	0.61	$	0.76	$	1.28	$	1.71
Diluted net income per AB Unit	$	0.61	$	0.76	$	1.28	$	1.71