Investment in AB (Tables)

6 Months Ended

Jun. 30, 2021

Equity Method Investments and Joint Ventures [Abstract]

Summary of Changes in Investment in AB

Changes in AB Holding’s investment in AB during the six-month period ended June 30, 2021 are as follows (in thousands):

Investment in AB as of December 31, 2020	$	1,605,941
Equity in net income attributable to AB Unitholders	186,314
Changes in accumulated other comprehensive income	(1,991)
Cash distributions received from AB	(194,245)
Additional investments with proceeds from exercise of compensatory options to buy AB Holding Units	3,402
Capital contributions (from) AB	(408)
AB Holding Units retired	(70,688)
AB Holding Units issued to fund long-term incentive compensation plans	107,438
Change in AB Holding Units held by AB for long-term incentive compensation plans	(30,818)
Investment in AB as of June 30, 2021	$	1,604,945