Net Income per Unit (Tables)

9 Months Ended

Sep. 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 September 30,				Nine Months Ended September 30,
	2023		2022		2023		2022
	(in thousands, except per unit amounts)
Net income attributable to AB Unitholders	$	167,404	$	175,180	$	537,292	$	644,676
Weighted average limited partnership units outstanding – basic	285,360		272,646		285,584		271,675
Dilutive effect of compensatory options to buy AB Holding Units	—		—		—		2
Weighted average limited partnership units outstanding – diluted	285,360		272,646		285,584		271,677
Basic net income per AB Unit	$	0.58	$	0.64	$	1.86	$	2.35
Diluted net income per AB Unit	$	0.58	$	0.64	$	1.86	$	2.35