v2.4.0.6
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
 6 Months Ended
Jun. 30, 2012
Jun. 30, 2011
Operating Activities    
Net Income $ 511,909 $ 262,961
Blackstone Funds Related:    
Unrealized Depreciation (Appreciation) on Investments Allocable to Non-Controlling Interests in Consolidated Entities (520,599) 7,598
Net Realized Gains on Investments (97,353) (296,433)
Changes in Unrealized Gains on Investments Allocable to The Blackstone Group L.P. (31,230) (206,735)
Unrealized Depreciation (Appreciation) on Hedge Activities 22,599 (7,278)
Non-Cash Performance Fees (332,432) (857,921)
Non-Cash Performance Fee Compensation 150,206 322,878
Equity-Based Compensation Expense 467,005 834,923
Amortization of Intangibles 84,835 82,425
Other Non-Cash Amounts Included in Net Income 24,379 39,807
Cash Flows Due to Changes in Operating Assets and Liabilities:    
Cash Held by Blackstone Funds and Other 152,335 166,464
Cash Relinquished with Deconsolidation and Liquidation of Partnership 20,148 966
Accounts Receivable (130,775) 3,059
Reverse Repurchase Agreements 50,961 87,450
Due from Affiliates (20,202) 60,662
Other Assets (8,051) 68,269
Accrued Compensation and Benefits 31,071 (132,816)
Securities Sold, Not Yet Purchased (50,143) (43,302)
Accounts Payable, Accrued Expenses and Other Liabilities (425,377) (235,626)
Repurchase Agreements 14,138 14,527
Due to Affiliates (27,892) (111,175)
Treasury Cash Management Strategies:    
Investments Purchased (1,382,392) (1,755,013)
Cash Proceeds from Sale of Investments 1,356,654 1,733,108
Blackstone Funds Related:    
Investments Purchased (3,593,721) (4,378,272)
Cash Proceeds from Sale or Pay Down of Investments 4,080,259 4,712,168
Net Cash Provided by Operating Activities 346,332 372,694
Investing Activities    
Purchase of Furniture, Equipment and Leasehold Improvements (20,948) (17,170)
Net Cash Paid for Acquisitions, Net of Cash Acquired (156,972) (23,247)
Changes in Restricted Cash (176) 332
Net Cash Used in Investing Activities (178,096) (40,085)
Financing Activities    
Distributions to Non-Controlling Interest Holders in Consolidated Entities (141,769) (214,952)
Contributions from Non-Controlling Interest Holders in Consolidated Entities 297,528 488,094
Purchase of Interests from Certain Non-Controlling Interest Holders (32) (2,239)
Net Settlement of Vested Common Units and Repurchase of Common and Holdings Units (17,239) (31,390)
Proceeds from Loans Payable 4,899 3,111
Repayment of Loans Payable (10,115) (22,445)
Distributions to Unitholders (390,290) (482,241)
Blackstone Funds Related:    
Proceeds from Loans Payable 3,981 404
Repayment of Loans Payable (257,283) (224,777)
Net Cash Used in Financing Activities (510,320) (486,435)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (115) 8
Net Decrease in Cash and Cash Equivalents (342,199) (153,818)
Cash and Cash Equivalents, Beginning of Period 754,744 588,621
Cash and Cash Equivalents, End of Period 412,545 434,803
Supplemental Disclosure of Cash Flows Information    
Payments for Interest 42,853 1,970
Payments for Income Taxes 14,752 26,698
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Net Activities Related to Capital Transactions of Consolidated Blackstone Funds (4,377) 5,153
Net Assets Related to the Consolidation of CLO Vehicles 233,541 86,130
In-kind Redemption of Capital (2,017)  
In-kind Contribution of Capital 2,017  
Transfer of Interests to Non-Controlling Interest Holders (3,615) 1,600
Change in The Blackstone Group L.P.'s Ownership Interest (9,467) (6,045)
Net Settlement of Vested Common Units 91,690 102,894
Conversion of Blackstone Holdings Units to Common Units 91,649 208,257
Exchange of Founders' and Non-Controlling Interest Holders' Interests in Blackstone Holdings:    
Deferred Tax Asset (76,569) (271,000)
Due to Affiliates 63,826 221,445
Partners' Capital $ 12,743 $ 49,555