v2.4.0.8
Carrying Value and Fair Value of Blackstone Issued Notes (Detail) (USD $)
In Thousands, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Debt Instrument [Line Items]    
Debt instrument, fair value $ 1,655,760 [1] $ 1,200,397 [1]
6.625% Notes
    
Debt Instrument [Line Items]    
Carrying value of issued notes 627,081 [2] 632,823 [2]
Debt instrument, fair value 694,688 [2],[3] 684,860 [2],[3]
5.875% Notes
    
Debt Instrument [Line Items]    
Carrying value of issued notes 398,667 398,543
Debt instrument, fair value 464,680 [3] 447,120 [3]
4.750% Notes
    
Debt Instrument [Line Items]    
Carrying value of issued notes 393,651 393,202
Debt instrument, fair value 433,280 [3] 415,760 [3]
6.250% Notes
    
Debt Instrument [Line Items]    
Carrying value of issued notes 239,832 239,738
Debt instrument, fair value 307,725 [3] 278,550 [3]
5.000% Notes
    
Debt Instrument [Line Items]    
Carrying value of issued notes 492,988  
Debt instrument, fair value $ 518,300 [3]  
[1] Pursuant to GAAP consolidation guidance, the Partnership is required to consolidate all VIEs in which it has been identified as the primary beneficiary, including certain CLO vehicles, and other funds in which a consolidated entity of the Partnership, as the general partner of the fund, is presumed to have control. While the Partnership is required to consolidate certain funds, including CLO vehicles, for GAAP purposes, the Partnership has no ability to utilize the assets of these funds and there is no recourse to the Partnership for their liabilities since these are client assets and liabilities.
[2] The carrying and fair values are determined using the original $600 million par amount less $15 million attributable to these notes which were acquired but not retired by Blackstone during 2012.
[3] Fair value is determined by broker quote and these notes would be classified as Level II within the fair value hierarchy.