v2.4.0.8
Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
 3 Months Ended 9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2014
Sep. 30, 2013
Revenues        
Management and Advisory Fees, Net $ 640,949 $ 531,095 $ 1,833,632 $ 1,591,951
Performance Fees        
Performance Fees Realized - Carried Interest 638,676 182,654 1,613,958 660,112
Performance Fees Realized - Incentive Fees 35,445 30,884 118,743 130,729
Performance Fees Unrealized - Carried Interest 222,105 290,052 1,213,181 924,105
Performance Fees Unrealized - Incentive Fees (6,163) 37,713 112,709 144,449
Total Performance Fees 890,063 541,303 3,058,591 1,859,395
Investment Income        
Realized 91,142 19,507 459,878 137,350
Unrealized 38,445 100,341 62,754 263,141
Total Investment Income 129,587 119,848 522,632 400,491
Interest and Dividend Revenue 18,107 19,892 47,516 46,263
Other 720 4,707 1,583 5,688
Total Revenues 1,679,426 1,216,845 5,463,954 3,903,788
Expenses        
Compensation and Benefits Compensation 525,093 465,631 1,511,085 1,396,042
Performance Fee Compensation        
Performance Fee Compensation - Realized Carried Interest 186,003 60,369 595,702 225,716
Performance Fee Compensation - Realized Incentive Fees 19,029 14,599 61,173 60,121
Performance Fee Compensation - Unrealized Carried Interest 164,132 82,341 319,158 350,637
Performance Fee Compensation - Unrealized Incentive Fees (9,002) 11,084 39,221 58,646
Total Compensation and Benefits 885,255 634,024 2,526,339 2,091,162
General, Administrative and Other 128,015 119,435 400,061 346,106
Interest Expense 31,615 26,268 86,129 80,286
Fund Expenses 10,253 6,678 20,241 18,714
Total Expenses 1,055,138 786,405 3,032,770 2,536,268
Other Income        
Net Gains from Fund Investment Activities 8,682 87,952 217,422 196,128
Income Before Provision for Taxes 632,970 518,392 2,648,606 1,563,648
Provision for Taxes 79,108 57,477 216,487 164,552
Net Income 553,862 460,915 2,432,119 1,399,096
Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities (23,328) 51,188 44,950 135,870
Net Income Attributable to Non-Controlling Interests in Interests in Consolidated Entities 55,491 30,231 239,513 48,723
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 271,194 208,332 1,114,518 664,556
Net Income Attributable to The Blackstone Group L.P. 250,505 171,164 1,033,138 549,947
Distributions Declared Per Common Unit $ 0.55 $ 0.23 $ 1.48 $ 0.95
Net Income Per Common Unit        
Common Units, Basic $ 0.41 $ 0.29 $ 1.70 $ 0.94
Common Units, Diluted $ 0.41 $ 0.29 $ 1.69 $ 0.93
Weighted-Average Common Units Outstanding        
Common Units, Basic 611,684,213 589,643,844 606,671,289 585,296,526
Common Units, Diluted 614,978,870 592,920,795 610,221,301 588,488,068
Revenues Earned from Affiliates        
Management and Advisory Fees, Net $ 107,615 $ 48,906 $ 262,990 $ 169,029