v2.4.1.9

EQUITY-BASED COMPENSATION (Tables) | 3 Months Ended
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Mar. 31, 2015
Summary of Status of Partnership's Unvested Equity-Based Awards | A summary of the status of the Partnership’s unvested equity-based awards as of March 31, 2015 and of changes during the period January 1, 2015 through March 31, 2015 is presented below:
|  | Blackstone Holdings |  |  | The Blackstone Group L.P. |
|  |  |  |  |  |  |  | Equity Settled Awards |  |  | Cash Settled Awards |
Unvested Units |  | Partnership Units |  |  | Weighted- Average Grant Date Fair Value |  |  | Deferred Restricted Common Units and Options |  |  | Weighted- Average Grant Date Fair Value |  |  | Phantom Units |  |  | Weighted- Average Grant Date Fair Value |
Balance, December 31, 2014 |  |  | 33,498,237 |  |  | $ | 26.19 |  |  |  | 17,569,372 |  |  | $ | 16.95 |  |  |  | 1,455 |  |  | $ | 31.95 |
Granted |  |  | 19,874,298 |  |  |  | 37.86 |  |  |  | 3,661,263 |  |  |  | 33.69 |  |  |  | 998 |  |  |  | 33.83 |
Vested |  |  | (1,697,202 | ) |  |  | 27.17 |  |  |  | (3,656,555 | ) |  |  | 14.01 |  |  |  | (815 | ) |  |  | 32.62 |
Forfeited |  |  | 43,916 |  |  |  | 25.17 |  |  |  | (77,371 | ) |  |  | 12.62 |  |  |  | — |  |  |  | — |
Balance, March 31, 2015 |  |  | 51,719,249 |  |  | $ | 30.64 |  |  |  | 17,496,709 |  |  | $ | 21.09 |  |  |  | 1,638 |  |  | $ | 32.76 |
Unvested Units, After Expected Forfeitures | The following unvested units, after expected forfeitures, as of March 31, 2015, are expected to vest:
|  | Units |  |  | Weighted-Average Service Period in Years |
Blackstone Holdings Partnership Units |  |  | 44,918,574 |  |  |  | 3.2 |
Deferred Restricted Blackstone Common Units |  |  | 14,948,369 |  |  |  | 2.2 |
Total Equity-Based Awards |  |  | 59,866,943 |  |  |  | 2.9 |
Phantom Units |  |  | 1,289 |  |  |  | 2.5 |

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- Definition Schedule Of Unvested Units After Expected Forfeitures + References No definition available. + Details
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- Definition Tabular disclosure of the changes in outstanding nonvested shares. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 718 -SubTopic 10 -Section 50 -Paragraph 2 -Subparagraph (c)(2) -URI http://asc.fasb.org/extlink&oid=6415400&loc=d3e5070-113901 + Details
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