v3.3.0.814
Condensed Consolidated Statements of Operations - USD ($)
$ in Thousands
 3 Months Ended 9 Months Ended
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2015
Sep. 30, 2014
Revenues        
Management and Advisory Fees, Net $ 703,596 $ 640,949 $ 1,894,496 $ 1,833,632
Performance Fees        
Performance Fees Realized - Carried Interest 435,189 638,676 2,580,266 1,613,958
Performance Fees Realized - Incentive Fees 33,455 35,445 110,775 118,743
Performance Fees Unrealized - Carried Interest (1,055,920) 222,105 (1,124,010) 1,213,181
Performance Fees Unrealized - Incentive Fees (50,832) (6,163) 36,274 112,709
Total Performance Fees (638,108) 890,063 1,603,305 3,058,591
Investment Income (Loss)        
Realized 99,952 91,142 445,705 459,878
Unrealized (179,298) 38,445 (262,024) 62,754
Total Investment Income (Loss) (79,346) 129,587 183,681 522,632
Interest and Dividend Revenue 26,244 18,107 70,129 47,516
Other (813) 720 (2,478) 1,583
Total Revenues 11,573 1,679,426 3,749,133 5,463,954
Expenses        
Compensation and Benefits Compensation 393,655 525,093 1,426,233 1,511,085
Performance Fee Compensation        
Performance Fee Compensation - Realized Carried Interest 97,798 186,003 628,079 595,702
Performance Fee Compensation - Realized Incentive Fees 15,062 19,029 49,126 61,173
Performance Fee Compensation - Unrealized Carried Interest (228,697) 164,132 (204,876) 319,158
Performance Fee Compensation - Unrealized Incentive Fees (14,641) (9,002) 16,450 39,221
Total Compensation and Benefits 263,177 885,255 1,915,012 2,526,339
General, Administrative and Other 158,664 128,015 436,496 400,061
Interest Expense 36,860 31,615 105,644 86,129
Fund Expenses 18,296 10,253 76,845 20,241
Total Expenses 476,997 1,055,138 2,533,997 3,032,770
Other Income (Loss)        
Net Gains (Losses) from Fund Investment Activities (16,867) 8,682 158,703 217,422
Income (Loss) Before Provision (Benefit) for Taxes (482,291) 632,970 1,373,839 2,648,606
Provision for Taxes 1,573 79,108 144,168 216,487
Net Income (Loss) (483,864) 553,862 1,229,671 2,432,119
Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities (12,520) (23,328) 8,787 44,950
Net Income Attributable to Non-Controlling Interests in Consolidated Entities 30,671 55,491 179,183 239,513
Net Income (Loss) Attributable to Non-Controlling Interests in Blackstone Holdings (247,318) 271,194 532,782 1,114,518
Net Income (Loss) Attributable to The Blackstone Group L.P. $ (254,697) $ 250,505 $ 508,919 $ 1,033,138
Distributions Declared Per Common Unit $ 0.74 $ 0.55 $ 2.41 $ 1.48
Net Income (Loss) Per Common Unit        
Common Units, Basic (0.40) 0.41 0.81 1.70
Common Units, Diluted $ (0.40) $ 0.41 $ 0.80 $ 1.69
Weighted-Average Common Units Outstanding        
Common Units, Basic 638,832,799 611,684,213 632,046,646 606,671,289
Common Units, Diluted 638,832,799 614,978,870 635,439,828 610,221,301
Revenues Earned from Affiliates        
Management and Advisory Fees, Net $ 48,200 $ 107,615 $ 125,143 $ 262,990