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Investment in AB
 12 Months Ended
Dec. 31, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Investment in AB
Investment in AB

Changes in AB Holding’s investment in AB for the years ended December 31, 2016 and 2015 are as follows:

 
2016
 
2015
 
(in thousands)
Investment in AB as of January 1,
$
1,576,120

 
$
1,616,309

Equity in net income attributable to AB Unitholders
239,389

 
210,084

Changes in accumulated other comprehensive loss
(7,342
)
 
(5,514
)
Cash distributions received from AB
(191,989
)
 
(217,065
)
Additional investments with proceeds from exercises of compensatory options to buy AB Holding Units, net
6,108

 
9,233

Capital contributions to (from) AB
(200
)
 
490

AB Holding Units retired
(184,336
)
 
(155,073
)
AB Holding Units issued to fund long-term incentive compensation plans
103,820

 
115,045

Change in AB Holding Units held by AB for long-term incentive compensation plans
(1,062
)
 
2,611

Investment in AB as of December 31,
$
1,540,508

 
$
1,576,120