Investment in AB (Tables)

6 Months Ended

Jun. 30, 2022

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, 2022 are as follows (in thousands):

Investment in AB as of December 31, 2021	$	1,623,764
Equity in net income attributable to AB Unitholders	169,711
Changes in accumulated other comprehensive (loss)	(15,599)
Cash distributions received from AB	(235,075)
Additional investments with proceeds from exercise of compensatory options to buy AB Holding Units	178
Capital contributions to AB	373
AB Holding Units retired	(112,307)
AB Holding Units issued to fund long-term incentive compensation plans	31,457
Change in AB Holding Units held by AB for long-term incentive compensation plans	(237)
Investment in AB as of June 30, 2022	$	1,462,265