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Net Income per Unit (Tables)
 6 Months Ended
Jun. 30, 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 June 30,
  
Six Months Ended June 30,
 
 
 
2014
  
2013
  
2014
  
2013
 
 
 
(in thousands, except per unit amounts)
 
 
 
  
  
  
 
Net income – basic
 
$
42,854
  
$
40,276
  
$
79,013
  
$
78,507
 
Additional allocation of equity in net income attributable to AllianceBernstein resulting from assumed dilutive effect of compensatory options
  
376
   
341
   
672
   
592
 
Net income – diluted
 
$
43,230
  
$
40,617
  
$
79,685
  
$
79,099
 
 
                
Weighted average units outstanding – basic
  
96,451
   
100,888
   
96,284
   
100,595
 
Dilutive effect of compensatory options
  
1,169
   
1,251
   
1,127
   
1,111
 
Weighted average units outstanding – diluted
  
97,620
   
102,139
   
97,411
   
101,706
 
 
                
Basic net income per unit
 
$
0.44
  
$
0.40
  
$
0.82
  
$
0.78
 
Diluted net income per unit
 
$
0.44
  
$
0.40
  
$
0.82
  
$
0.78