Investment in AllianceBernstein

3 Months Ended

Mar. 31, 2014

Investment in AllianceBernstein [Abstract]

Investment in AllianceBernstein

5. Investment in AllianceBernstein

Changes in Holding’s investment in AllianceBernstein during the three-month period ended March 31, 2014 are as follows (in thousands):

Investment in AllianceBernstein as of December 31, 2013	$	1,533,654
Equity in net income attributable to AllianceBernstein Unitholders		41,371
Changes in accumulated other comprehensive income (loss)		537
Additional investments in AllianceBernstein from cash distributions paid to AllianceBernstein consolidated rabbi trust		26
Additional investments with proceeds from exercise of compensatory options to buy Holding Units, net		4,656
Cash distributions received from AllianceBernstein		(63,457	)
Capital contributions to AllianceBernstein		5,772
AllianceBernstein Holding Units retired		(1,606	)
AllianceBernstein Holding Units issued to fund long-term incentive compensation plans		210
Change in Holding Units held by AllianceBernstein for long-term incentive compensation plans		1,468
Investment in AllianceBernstein as of March 31, 2014	$	1,522,631