v2.4.0.8
Reconciliation of Total Segments to Income (Loss) Before Provision (Benefit) for Taxes and Total Assets (Detail) (USD $)
In Thousands, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2013
Sep. 30, 2012
Sep. 30, 2013
Sep. 30, 2012
Segment Reporting Information [Line Items]        
Revenues $ 1,216,845 $ 1,223,090 $ 3,903,788 $ 2,802,328
Expenses 786,405 851,391 2,536,268 2,375,002
Other Income (Loss) 87,952 (135,960) 196,128 400,412
Economic Income 518,392 235,739 1,563,648 827,738
Total Assets 28,034,882   28,034,882  
Operating Segments
        
Segment Reporting Information [Line Items]        
Revenues 1,225,786 1,219,623 3,918,292 2,838,028
Expenses 570,763 586,614 1,905,540 1,483,034
Economic Income 655,023 633,009 2,012,752 1,354,994
Total Assets 14,903,518   14,903,518  
Consolidation Adjustments and Reconciling Items
        
Segment Reporting Information [Line Items]        
Revenues (8,941) [1] 3,467 [1] (14,504) [1] (35,700) [1]
Expenses 215,642 [2] 264,777 [2] 630,728 [2] 891,968 [2]
Other Income (Loss) 87,952 [3] (135,960) [3] 196,128 [4] 400,412 [4]
Economic Income (136,631) [5] (397,270) [5] (449,104) [6] (527,256) [6]
Total Assets $ 13,131,364 [7]   $ 13,131,364 [7]  
[1] The Revenues adjustment principally represents management and performance fees earned from Blackstone Funds which were eliminated in consolidation to arrive at Blackstone consolidated revenues.
[2] The Expenses adjustment represents the addition of expenses of the consolidated Blackstone Funds to the Blackstone unconsolidated expenses, amortization of intangibles and expenses related to transaction-related equity-based compensation to arrive at Blackstone consolidated expenses.
[3] The Other Income (Loss) adjustment results from the following: Three Months Ended September 30, 2013 2012 Fund Management Fees and Performance Fees Eliminated in Consolidation and Transactional Investment Loss $ 6,321 $ (4,273 ) Fund Expenses Added in Consolidation 7,679 (8,837 ) Non-Controlling Interests in Income (Loss) of Consolidated Entities 81,419 (115,753 ) Transaction-Related Other Income (7,467 ) (7,097 ) Total Consolidation Adjustments and Reconciling Items $ 87,952 $ (135,960 )
[4] The Other Income adjustment results from the following: Nine Months Ended September 30, 2013 2012 Fund Management Fees and Performance Fees Eliminated in Consolidation and Transactional Investment Loss $ 11,455 $ 32,217 Fund Expenses Added in Consolidation 21,703 31,040 Non-Controlling Interests in Income of Consolidated Entities 184,593 358,417 Transaction-Related Other Income (21,623 ) (21,262 ) Total Consolidation Adjustments and Reconciling Items $ 196,128 $ 400,412
[5] The reconciliation of Economic Income to Income Before Provision for Taxes as reported in the Condensed Consolidated Statements of Operations consists of the following: Three Months Ended September 30, 2013 2012 Economic Income $ 655,023 $ 633,009 Adjustments Amortization of Intangibles (27,525 ) (33,338 ) IPO and Acquisition-Related Charges (190,525 ) (248,179 ) Non-Controlling Interests in Income (Loss) of Consolidated Entities 81,419 (115,753 ) Total Consolidation Adjustments and Reconciling Items (136,631 ) (397,270 ) Income Before Provision for Taxes $ 518,392 $ 235,739
[6] The reconciliation of Economic Income to Income Before Provision for Taxes as reported in the Condensed Consolidated Statements of Operations consists of the following: Nine Months Ended September 30, 2013 2012 Economic Income $ 2,012,752 $ 1,354,994 Adjustments Amortization of Intangibles (77,504 ) (123,661 ) IPO and Acquisition-Related Charges (556,193 ) (762,012 ) Non-Controlling Interests in Income of Consolidated Entities 184,593 358,417 Total Consolidation Adjustments and Reconciling Items (449,104 ) (527,256 ) Income Before Provision for Taxes $ 1,563,648 $ 827,738
[7] The Total Assets adjustment represents the addition of assets of the consolidated Blackstone Funds to the Blackstone unconsolidated assets to arrive at Blackstone consolidated assets.