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Reconciliation of Total Segments to Income (Loss) Before Provision for Taxes and Total Assets (Detail) - USD ($)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Dec. 31, 2018
Segment Reporting Information [Line Items]          
Total Revenues $ 1,486,806 $ 2,632,570 $ 3,511,677 $ 4,401,701  
Less: Unrealized Principal Investment (Income) Loss (37,345) 103,468 131,699 215,242  
Total Expenses 862,240 1,016,381 1,903,404 1,999,312  
Total Other Income 61,131 73,519 191,456 184,118  
Income Before Provision for Taxes 685,697 1,689,708 1,799,729 2,586,507  
Total Assets 30,972,213   30,972,213   $ 28,924,650
Less: Unrealized Principal Investment (Income) Loss (37,345) 103,468 131,699 215,242  
Operating Segments          
Segment Reporting Information [Line Items]          
Total Revenues [1] 1,322,723 1,340,700 2,417,241 2,387,645  
Total Expenses [2] 561,421 601,603 1,094,003 1,119,598  
Income Before Provision for Taxes 761,302 739,097 1,323,238 1,268,047  
Total Assets 22,451,248   22,451,248    
Consolidation Adjustments and Reconciling Items          
Segment Reporting Information [Line Items]          
Less: Unrealized Performance Revenues [3] (157,398) (440,424) (821,731) (1,068,763)  
Less: Unrealized Principal Investment (Income) Loss [4] 56,353 (52,126) (83,572) (66,104)  
Less: Interest and Dividend Revenue [5] (45,991) (41,727) (92,690) (78,112)  
Less: Other Revenue [6] 20,150 (94,416) 6,961 (33,522)  
Impact of Consolidation [7] (35,119) (82,752) (104,968) (186,276)  
Amortization of Intangibles [8] 387 387 774 774  
Transaction-Related Charges [9] (4,174) (582,105) (2,706) (584,687)  
Less: Unrealized Performance Allocations Compensation [10] (64,518) (189,991) (351,533) (444,426)  
Less: Equity Based Compensation [11] (53,105) (34,394) (119,881) (78,542)  
Less: Interest Expense [12] (43,230) (38,885) (84,868) (77,123)  
Impact of Consolidation [7] (14,411) (26,288) (25,272) (86,187)  
Amortization of Intangibles [8] (16,096) (14,486) (32,192) (28,972)  
Transaction-Related Charges [9] (111,168) (112,027) (199,151) (167,098)  
Less: Unrealized Performance Allocations [3] (157,398) (440,424) (821,731) (1,068,763)  
Less: Unrealized Principal Investment (Income) Loss [4] 56,353 (52,126) (83,572) (66,104)  
Less: Interest and Dividend Revenue [5] (45,991) (41,727) (92,690) (78,112)  
Less: Other Revenue [6] 20,150 (94,416) 6,961 (33,522)  
Plus: Unrealized Performance Allocations Compensation [10] 64,518 189,991 351,533 444,426  
Plus: Equity Based Compensation [11] 53,105 34,394 119,881 78,542  
Plus: Interest Expense [12] 43,230 38,885 84,868 77,123  
Amortization of Intangibles [8] 16,483 14,873 32,966 29,746  
Transaction-Related Charges [9] 106,994 (470,078) 196,445 (417,589)  
Segment Adjustment          
Segment Reporting Information [Line Items]          
Total Revenues 1,709 1,293 3,496 2,634  
Total Expenses 1,709 1,293 3,496 2,634  
Impact of Consolidation          
Segment Reporting Information [Line Items]          
Total Other Income [7] (61,131) (73,519) (191,456) (184,118)  
Income Before Provision for Taxes [7] (81,839) $ (129,983) (271,152) $ (284,207)  
Total Assets [7] $ (8,520,965)   $ (8,520,965)    
[1] Total Segment Revenues is comprised of the following: Three Months Ended June 30 , 2019 2018 Six Months Ended June 30, 2019 2018 Total Segment Management and Advisory Fees, Net $ 844,156 $722,994 $1,658,218 $ 1,459,038 Total Segment Fee Related Performance Revenues 13,624 45,515 21,403 49,352 Total Segment Realized Performance Revenues 341,386 477,544 588,155 755,915 Total Segment Realized Principal Investment Income 123,557 94,647 149,465 123,340 Total Segment Revenues $1,322,723 $1,340,700 $ 2,417,241 $2,387,645
[2] Total Segment Expenses is comprised of the following: Three Months Ended June 30 , 2019 2018 Six Months Ended June 30, 2019 2018 Total Segment Expenses is comprised of the following: Total Segment Fee Related Compensation $293,834 $ 306,243 $ 617,865 $602,317 Total Segment Realized Performance Compensation 125,466 172,894 210,706 287,723 Total Segment Other Operating Expenses 142,121 122,466 265,432 229,558 Total Segment Expenses $561,421 $601,603 $1,094,003 $1,119,598
[3] This adjustment removes Unrealized Performance Revenues on a segment basis.
[4] This adjustment removes Unrealized Principal Investment Income on a segment basis.
[5] This adjustment removes Interest and Dividend Revenue on a segment basis.
[6] This adjustment removes Other Revenue on a segment basis.
[7] This adjustment reverses the effect of consolidating Blackstone Funds, which are excluded from Blackstone’s segment presentation. This adjustment includes the elimination of Blackstone’s interest in these funds, the removal of revenue from the reimbursement of certain expenses by the Blackstone Funds, which are presented gross under GAAP but netted against Management and Advisory Fees, Net in the Total Segment measures, and the removal of amounts associated with the ownership of Blackstone consolidated operating partnerships held by non-controlling interests.
[8] This adjustment removes the amortization of transaction-related intangibles, which are excluded from Blackstone’s segment presentation. This amount includes amortization of intangibles associated with Blackstone’s investment in Pátria, which is accounted for under the equity method.
[9] This adjustment removes Transaction-Related Charges, which are excluded from Blackstone’s segment presentation. Transaction-Related Charges arise from corporate actions including acquisitions, divestitures, and Blackstone’s initial public offering. They consist primarily of equity-based compensation charges, gains and losses on contingent consideration arrangements, changes in the balance of the Tax Receivable Agreement resulting from a change in tax law or similar event, transaction costs and any gains or losses associated with these corporate actions.
[10] This adjustment removes Unrealized Performance Allocations Compensation.
[11] This adjustment removes Equity-Based Compensation on a segment basis.
[12] This adjustment removes Interest Expense, excluding interest expense related to the Tax Receivable Agreement.