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Investment in AB
 12 Months Ended
Dec. 31, 2019
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, 2019 and 2018 are as follows:
 
2019
 
2018
 
(in thousands)
Investment in AB as of January 1,
$
1,490,701

 
$
1,544,704

Equity in net income attributable to AB Unitholders
266,292

 
270,647

Changes in accumulated other comprehensive (loss) income
(1,167
)
 
(5,998
)
Cash distributions received from AB
(249,463
)
 
(308,042
)
Additional investments with proceeds from exercises of compensatory options to buy AB Holding Units
11,511

 
16,589

Capital contributions to (from) AB
270

 
(1,440
)
AB Holding Units retired
(110,752
)
 
(194,544
)
AB Holding Units issued to fund long-term incentive compensation plans
146,488

 
168,955

Change in AB Holding Units held by AB for long-term incentive compensation plans
323

 
(12,585
)
Impact of AB's adoption of revenue recognition standard ASC 606
—

 
12,548

Other
—

 
(133
)
Investment in AB as of December 31,
$
1,554,203

 
$
1,490,701