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Quarterly Financial Data (Unaudited) (Tables)
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
Quarterly Financial Data
 
Quarters Ended 2019
 
December 31
 
September 30
 
June 30
 
March 31
 
(in thousands, except per unit amounts)
Equity in net income attributable to AB Unitholders
$
87,909

 
$
66,722

 
$
59,023

 
$
52,638

Net income
$
80,022

 
$
59,828

 
$
52,274

 
$
46,439

Basic net income per unit(1)
$
0.84

 
$
0.62

 
$
0.54

 
$
0.49

Diluted net income per unit(1)
$
0.84

 
$
0.62

 
$
0.54

 
$
0.49

Cash distributions per unit(2)(3)
$
0.85

 
$
0.63

 
$
0.56

 
$
0.49

 
 
 
 
 
 
 
 
 
Quarters Ended 2018
 
December 31
 
September 30
 
June 30
 
March 31
 
(in thousands, except per unit amounts)
Equity in net income attributable to AB Unitholders
$
66,759

 
$
72,802

 
$
65,388

 
$
65,698

Net income
$
59,880

 
$
65,900

 
$
58,457

 
$
58,160

Basic net income per unit(1)
$
0.63

 
$
0.68

 
$
0.59

 
$
0.60

Diluted net income per unit(1)
$
0.63

 
$
0.68

 
$
0.59

 
$
0.60

Cash distributions per unit(2)(3)
$
0.64

 
$
0.69

 
$
0.62

 
$
0.73

________________________
(1) 
Basic and diluted net income per unit are computed independently for each of the periods presented. Accordingly, the sum of the quarterly net income per unit amounts may not agree to the total for the year.
(2) 
Declared and paid during the following quarter.
(3) 
Cash distributions reflect the impact of AB’s non-GAAP adjustments.