v2.4.1.9

NET INCOME PER COMMON UNIT | 3 Months Ended
--- | ---
Mar. 31, 2015
NET INCOME PER COMMON UNIT |
14. | NET INCOME PER COMMON UNIT
Basic and diluted net income per common unit for the three months ended March 31, 2015 and March 31, 2014 was calculated as follows:
|  | Three Months Ended March 31, |
|  | 2015 |  |  | 2014 |
Net Income Attributable to The Blackstone Group L.P. |  | $ | 629,448 |  |  | $ | 265,617 |
Basic Net Income Per Common Unit |  |  |  |  |  |  |  |
Weighted-Average Common Units Outstanding |  |  | 625,276,969 |  |  |  | 601,527,299 |
Basic Net Income Per Common Unit |  | $ | 1.01 |  |  | $ | 0.44 |
Diluted Net Income Per Common Unit |  |  |  |  |  |  |  |
Weighted-Average Common Units Outstanding |  |  | 625,276,969 |  |  |  | 601,527,299 |
Weighted-Average Unvested Deferred Restricted Common Units |  |  | 5,955,072 |  |  |  | 4,141,865 |
Weighted-Average Diluted Common Units Outstanding |  |  | 631,232,041 |  |  |  | 605,669,164 |
Diluted Net Income Per Common Unit |  | $ | 1.00 |  |  | $ | 0.44 |
The following table summarizes the anti-dilutive securities for the three months ended March 31, 2015 and 2014:
|  | Three Months Ended March 31, |
|  | 2015 |  |  | 2014 |
Weighted-Average Blackstone Holdings Partnership Units |  |  | 548,837,150 |  |  |  | 549,327,240 |
Unit Repurchase Program In January 2008, Blackstone announced that the Board of Directors of its general partner, Blackstone Group Management L.L.C., had authorized the repurchase by Blackstone of up to $500 million of Blackstone common units and Blackstone Holdings Partnership Units. Under this unit repurchase program, units may be repurchased from time to time in open market transactions, in privately negotiated transactions or otherwise. The timing and the actual number of Blackstone common units and Blackstone Holdings Partnership Units repurchased will depend on a variety of factors, including legal requirements, price and economic and market conditions. This unit repurchase program may be suspended or discontinued at any time and does not have a specified expiration date. During the three month periods ended March 31, 2015 and 2014, no units were repurchased. As of March 31, 2015, the amount remaining available for repurchases under this program was $335.8 million.

X
- Definition The entire disclosure for earnings per share. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 50 -Paragraph 1 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1278-109256 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 45 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=7655603&loc=d3e1252-109256 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 260 -SubTopic 10 -Section 55 -Paragraph 52 -URI http://asc.fasb.org/extlink&oid=32703322&loc=d3e4984-109258 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 225 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.21) -URI http://asc.fasb.org/extlink&oid=26872669&loc=d3e20235-122688 + Details
Name: | us-gaap_EarningsPerShareTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration