v2.4.0.6
VARIABLE INTEREST ENTITIES (Tables)
6 Months Ended
Jun. 30, 2012
Assets and Liabilities Related to Interest in Non-Consolidated VIEs and Maximum Exposure to Loss

The maximum exposure to loss represents the loss of assets recognized by Blackstone relating to non-consolidated entities, any amounts due to non-consolidated entities and any clawback obligation relating to previously distributed Carried Interest. The assets and liabilities recognized in the Partnership’s Condensed Consolidated Statements of Financial Condition related to the Partnership’s interest in these non-consolidated VIEs and the Partnership’s maximum exposure to loss relating to non-consolidated VIEs were as follows:

 

     June 30,
2012
     December 31,
2011
 

Investments

   $ 296,796       $ 238,503   

Receivables

     80,148         94,050   
  

 

 

    

 

 

 

Total VIE Assets

     376,944         332,553   

VIE Liabilities

     1,142         48   

Potential Clawback Obligation

     30,803         14,876   
  

 

 

    

 

 

 

Maximum Exposure to Loss

   $ 408,889       $ 347,477