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NET INCOME (LOSS) PER COMMON UNIT (Tables)

9 Months Ended

Sep. 30, 2015

Basic and Diluted Net Income (Loss) Per Common Unit

Basic and diluted net income (loss) per common unit for the three and nine months ended September 30, 2015 and September 30, 2014 was calculated as follows:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2015				2014				2015				2014
Net Income (Loss) Attributable to The
Blackstone Group L.P.		$	(254,697	)		$	250,505			$	508,919			$	1,033,138
Basic Net Income (Loss) Per Common Unit
Weighted-Average Common Units Outstanding			638,832,799				611,684,213				632,046,646				606,671,289
Basic Net Income (Loss) Per Common Unit		$	(0.40	)		$	0.41			$	0.81			$	1.70
Diluted Net Income (Loss) Per Common Unit
Weighted-Average Common Units Outstanding			638,832,799				611,684,213				632,046,646				606,671,289
Weighted-Average Unvested Deferred Restricted Common Units			—				3,294,657				3,393,182				3,550,012
Weighted-Average Diluted Common Units Outstanding			638,832,799				614,978,870				635,439,828				610,221,301
Diluted Net Income (Loss) Per Common Unit		$	(0.40	)		$	0.41			$	0.80			$	1.69

Summary of Anti-Dilutive Securities

The following table summarizes the anti-dilutive securities for the periods indicated:

		Three Months Ended September 30,								Nine Months Ended September 30,
		2015				2014				2015				2014
Weighted-Average Unvested Deferred Restricted Common Units			1,913,028				(a)				(a)				(a)
Weighted-Average Blackstone Holdings Partnership Units			550,983,910				539,856,777				551,860,289				544,426,162

(a) These units were dilutive and were included in the diluted per common unit calculation for the applicable period.

X

- Definition

Tabular disclosure of securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) in the future that were not included in the computation of diluted EPS because to do so would increase EPS amounts or decrease loss per share amounts for the period presented, by antidilutive securities.

+ 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 (c)



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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X

- Definition

Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef



-Publisher FASB



-Name Accounting Standards Codification



-Topic 260



-SubTopic 10



-Section 50



-Paragraph 1



-URI http://asc.fasb.org/extlink&oid=6371337&loc=d3e3550-109257

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