v2.4.0.8
Reconciliation of Total Segments to Income Before Provision for Taxes and Total Assets (Detail) (USD $)
In Thousands, unless otherwise specified
3 Months Ended 12 Months Ended
Dec. 31, 2013
Sep. 30, 2013
Jun. 30, 2013
Mar. 31, 2013
Dec. 31, 2012
Sep. 30, 2012
Jun. 30, 2012
Mar. 31, 2012
Dec. 31, 2013
Dec. 31, 2012
Dec. 31, 2011
Segment Reporting Information [Line Items]                      
Revenues $ 2,709,380 $ 1,216,845 $ 1,440,470 $ 1,246,473 $ 1,217,113 $ 1,223,089 $ 627,203 $ 952,036 $ 6,613,168 $ 4,019,441 $ 3,252,576
Expenses 1,330,472 786,405 914,762 835,101 885,679 851,390 739,819 783,793 3,866,740 3,260,681 3,388,069
Other Income                 402,133 256,145 212,751
Economic Income (Loss)                 3,148,561 1,014,905 77,258
Total Assets 29,678,606       28,931,552       29,678,606 28,931,552  
Operating Segments
                     
Segment Reporting Information [Line Items]                      
Revenues                 6,611,500 4,066,774 3,283,594
Expenses                 3,015,461 2,025,767 1,698,623
Economic Income (Loss)                 3,596,039 2,041,007 1,584,971
Total Assets 16,429,521       13,855,479       16,429,521 13,855,479  
Consolidation Adjustments and Reconciling Items
                     
Segment Reporting Information [Line Items]                      
Revenues                 1,668 [1] (47,333) [1] (31,018) [1]
Expenses                 851,279 [2] 1,234,914 [2] 1,689,446 [2]
Other Income                 402,133 [3] 256,145 [3] 212,751 [3]
Economic Income (Loss)                 (447,478) [4] (1,026,102) [4] (1,507,713) [4]
Total Assets $ 13,249,085 [5]       $ 15,076,073 [5]       $ 13,249,085 [5] $ 15,076,073 [5]  
[1] The Revenues adjustment represents management and performance fees earned from Blackstone Funds which were eliminated in consolidation to arrive at Blackstone consolidated revenues and non-segment related Investment Income, which is included in 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 adjustment results from the following: Year Ended December 31, 2013 2012 2011 Fund Management Fees and Performance Fees Eliminated in Consolidation and Transactional Investment Loss $ (5,575 ) $ 43,393 $ 21,000 Fund Expenses Added in Consolidation 30,727 37,548 30,129 Non-Controlling Interests in Income (Loss) of Consolidated Entities 381,872 203,557 (16,916 ) Transaction-Related Other Income (Loss) (4,891 ) (28,353 ) 178,538 Total Consolidation Adjustments and Reconciling Items $ 402,133 $ 256,145 $ 212,751
[4] The reconciliation of Economic Income to Income Before Provision for Taxes as reported in the Consolidated Statements of Operations consists of the following: Year Ended December 31, 2013 2012 2011 Economic Income $ 3,596,039 $ 2,041,007 $ 1,584,971 Adjustments Amortization of Intangibles (106,643 ) (150,148 ) (220,865 ) IPO and Acquisition-Related Charges (722,707 ) (1,079,511 ) (1,269,932 ) Non-Controlling Interests in Income (Loss) of Consolidated Entities 381,872 203,557 (16,916 ) Total Consolidation Adjustments and Reconciling Items (447,478 ) (1,026,102 ) (1,507,713 ) Income Before Provision for Taxes $ 3,148,561 $ 1,014,905 $ 77,258
[5] 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.