v2.4.0.8
Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
9 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Operating Activities    
Net Income $ 2,432,119 $ 1,399,096
Blackstone Funds Related    
Unrealized Appreciation on Investments Allocable to Non-Controlling Interests in Consolidated Entities (434,899) (452,478)
Net Realized Gains on Investments (2,241,242) (1,017,481)
Changes in Unrealized (Gains) Losses on Investments Allocable to The Blackstone Group L.P. 12,765 (253,445)
Non-Cash Performance Fees (936,097) (588,894)
Non-Cash Performance Fee Compensation 1,015,254 695,120
Equity-Based Compensation Expense 584,353 572,134
Excess Tax Benefits Related to Equity-Based Compensation (19,320)  
Amortization of Intangibles 76,909 69,275
Other Non-Cash Amounts Included in Net Income 125,602 148,748
Cash Flows Due to Changes in Operating Assets and Liabilities    
Cash Held by Blackstone Funds and Other (108,284) 292,510
Cash Relinquished in Deconsolidation and Liquidation of Partnership (470,523) (136,524)
Accounts Receivable 100,161 (95,491)
Reverse Repurchase Agreements 55,446 152,041
Due from Affiliates 263,731 182,372
Other Assets (96,815) (4,624)
Accrued Compensation and Benefits (428,574) (165,771)
Securities Sold, Not Yet Purchased (38,793) (119,741)
Accounts Payable, Accrued Expenses and Other Liabilities (72,861) (231,459)
Repurchase Agreements (233,029) (73,761)
Due to Affiliates 11,403 (46,836)
Treasury Cash Management Strategies    
Investments Purchased (2,700,900) (3,263,154)
Cash Proceeds from Sale of Investments 2,211,242 3,630,030
Blackstone Funds Related    
Investments Purchased (5,236,260) (6,815,776)
Cash Proceeds from Sale or Pay Down of Investments 8,196,265 8,856,814
Net Cash Provided by Operating Activities 2,067,653 2,732,705
Investing Activities    
Purchase of Furniture, Equipment and Leasehold Improvements (21,386) (18,574)
Net Cash Paid for Acquisitions, Net of Cash Acquired   (146,117)
Changes in Restricted Cash 5,845 5,765
Net Cash Used in Investing Activities (15,541) (158,926)
Financing Activities    
Distributions to Non-Controlling Interest Holders in Consolidated Entities (656,034) (521,894)
Contributions from Non-Controlling Interest Holders in Consolidated Entities 1,116,670 880,530
Purchase of Interests from Certain Non-Controlling Interest Holders (6) (33)
Payments Under Tax Receivable Agreement (86,733)  
Net Settlement of Vested Common Units and Repurchase of Common and Blackstone Holdings Partnership Units (33,858) (20,532)
Excess Tax Benefits Related to Equity-Based Compensation 19,320  
Proceeds from Loans Payable 491,252 4,087
Repayment and Repurchase of Loans Payable (8,870) (4,576)
Distributions to Unitholders (1,780,367) (1,192,792)
Blackstone Funds Related    
Proceeds from Loans Payable 567,635 8,654
Repayment of Loans Payable (1,569,528) (1,547,497)
Net Cash Used in Financing Activities (1,940,519) (2,394,053)
Effect of Exchange Rate Changes on Cash and Cash Equivalents (72) (290)
Net Increase in Cash and Cash Equivalents 111,521 179,436
Cash and Cash Equivalents, Beginning of Period 831,998 709,502
Cash and Cash Equivalents, End of Period 943,519 888,938
Supplemental Disclosure of Cash Flows Information    
Payments for Interest 98,931 109,911
Payments for Income Taxes 207,536 60,415
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Non-Cash Contributions from Non-Controlling Interest Holders 50,183  
Non-Cash Distributions to Non-Controlling Interest Holders (53,959)  
Net Activities Related to Capital Transactions of Consolidated Blackstone Funds 13,533 (1,145)
Net Assets Related to the Consolidation of CLO Vehicles 8,398  
Net Assets Related to the Consolidation of Certain Fund Entities 354,080  
In-kind Contribution of Capital   2,323
Notes Issuance Costs 4,375  
Transfer of Interests to Non-Controlling Interest Holders (3,465) (1,010)
Change in The Blackstone Group L.P.'s Ownership Interest 3,168 (1,798)
Net Settlement of Vested Common Units 64,295 60,732
Conversion of Blackstone Holdings Partnership Units to Common Units 88,946 34,242
Acquisition of Ownership Interests from Non-Controlling Interest Holders    
Deferred Tax Asset (88,479) (113,040)
Due to Affiliates 69,169 24,908
Partners' Capital $ 19,310 $ 88,132