Units Outstanding

9 Months Ended

Sep. 30, 2012

Units Outstanding [Abstract]

Units Outstanding

11.      Units Outstanding

Changes in units outstanding during the nine-month period ended September 30, 2012 were as follows:

Outstanding as of December 31, 2011	277,847,588
Options exercised	—
Units issued	—
Units retired	(238,487	)
Units forfeited	—
Outstanding as of September 30, 2012	277,609,101

During the first nine months of 2012, we purchased 238,487 AllianceBernstein Units in private transactions and retired them.