v2.4.0.6

NET INCOME (LOSS) PER COMMON UNIT (Tables)

6 Months Ended

Jun. 30, 2012

Basic and Diluted Net Income (Loss) Per Common Unit

Basic and diluted net income (loss) per common unit for the three and six months ended June 30, 2012 and June 30, 2011 was calculated as follows:

		Three Months Ended June 30,								Six Months Ended June 30,
		2012				2011				2012				2011
Net Income (Loss) Attributable to The Blackstone Group L.P.		$	(74,964	)		$	86,237			$	(16,639	)		$	128,941
Basic Net Income (Loss) Per Common Unit:
Weighted-Average Common Units Outstanding			528,778,977				476,289,647				517,882,253				462,094,878
Net Income (Loss) Per Common Unit		$	(0.14	)		$	0.18			$	(0.03	)		$	0.28
Diluted Net Income (Loss) Per Common Unit:
Weighted-Average Common Units Outstanding			528,778,977				476,289,647				517,882,253				462,094,878
Weighted-Average Unvested Deferred Restricted Common Units			—				7,353,999				—				6,523,856
Weighted-Average Diluted Common Units Outstanding			528,778,977				483,643,646				517,882,253				468,618,734
Diluted Net Income (Loss) Per Common Unit		$	(0.14	)		$	0.18			$	(0.03	)		$	0.28

Summary of Anti-Dilutive Securities

The following table summarizes the anti-dilutive securities for the three and six months ended June 30, 2012 and 2011:

		Three Months Ended June 30,								Six Months Ended June 30,
		2012				2011				2012				2011
Weighted-Average Blackstone Holdings Partnership Units			591,155,160				625,526,089				596,986,114				641,817,877

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Accounting Standards Codification

-Topic 260

-SubTopic 10

-Section 50

-Paragraph 1

-Subparagraph (c)

-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257



Reference 2: http://www.xbrl.org/2003/role/presentationRef

-Publisher FASB

-Name Statement of Financial Accounting Standard (FAS)

-Number 128

-Paragraph 40

-Subparagraph c

-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations.

+ References

No definition available.

+ Details

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