Net Income per Unit (Tables)

3 Months Ended

Mar. 31, 2014

Net Income per Unit [Abstract]

Net Income Per Unit

Basic net income per unit is derived by dividing net income by the basic weighted average number of units outstanding for each period. Diluted net income per unit is derived by adjusting net income for the assumed dilutive effect of compensatory options (“Net income – diluted”) and dividing by the diluted weighted average number of units outstanding for each period.

	Three Months Ended March 31,
	2014		2013
	(in thousands, except per unit amounts)
Net income – basic	$	36,159	$	38,231
Additional allocation of equity in net income attributable to AllianceBernstein resulting from assumed dilutive effect of compensatory options		296		243
Net income – diluted	$	36,455	$	38,474
Weighted average units outstanding – basic		96,114		100,297
Dilutive effect of compensatory options		1,077		937
Weighted average units outstanding – diluted		97,191		101,234
Basic net income per unit	$	0.38	$	0.38
Diluted net income per unit	$	0.38	$	0.38