Changes in Capital

9 Months Ended

Sep. 30, 2012

Changes in Capital [Abstract]

Changes in Capital

14.  Changes in Capital

Changes in capital as of September 30, 2012 consisted of:

	Partners' Capital Attributable to AllianceBernstein Unitholders			Non- Controlling Interests In Consolidated Entities			Total Capital
	(in thousands)
Balance as of December 31, 2011	$	3,975,462		$	54,025		$	4,029,487
Comprehensive income:
Net income		117,217			1,985			119,202
Other comprehensive income, net of tax:
Unrealized gains on investments (net of tax expense of $565)		553			—			553
Foreign currency translation adjustment (net of tax benefit of $796)		4,973			9			4,982
Changes in employee benefit related items (net of tax expense of $290)		48			—			48
Comprehensive income		122,791			1,994			124,785
Cash distributions to General Partner and unitholders		(206,694	)		—			(206,694	)
Capital contributions (distributions)		2,522			(9,833	)		(7,311	)
Purchase of AllianceBernstein Units		(3,049	)		—			(3,049	)
Compensation-related transactions		13,410			—			13,410
Balance as of September 30, 2012	$	3,904,442		$	46,186		$	3,950,628

Changes in capital as of September 30, 2011 consisted of:

	Partners' Capital Attributable to AllianceBernstein Unitholders			Non- Controlling Interests In Consolidated Entities			Total Capital
	(in thousands)
Balance as of December 31, 2010	$	4,370,838		$	124,517		$	4,495,355
Comprehensive income (loss):
Net income (loss)		341,592			(33,247	)		308,345
Other comprehensive income (loss), net of tax:
Unrealized gains on investments (net of tax benefit of $210)		(68	)		33			(35	)
Foreign currency translation adjustment (net of tax expense of $1,314)		646			(446	)		200
Changes in employee benefit related items		23			—			23
Comprehensive income (loss)		342,193			(33,660	)		308,533
Cash distributions to General Partner and unitholders		(385,208	)		—			(385,208	)
Capital contributions (distributions)		2,669			(1,846	)		823
Purchase of Australian joint venture		10,720			(32,104	)		(21,384	)
Purchase of AllianceBernstein Units		(4,565	)		—			(4,565	)
Compensation-related transactions		(15,255	)		—			(15,255	)
Balance as of September 30, 2011	$	4,321,392		$	56,907		$	4,378,299

Deferred taxes are not recognized on foreign currency translation adjustments for foreign subsidiaries whose earnings are considered permanently invested outside the United States.