XML 52 R30.htm IDEA: XBRL DOCUMENT v3.24.1.u1
Investments (Tables)
 3 Months Ended
Mar. 31, 2024
Investments
Investments consist of the following:

 
                        
                        
 
  
March 31,
  
December 31,
 
  
2024
  
2023
Investments of Consolidated Blackstone Funds
   
$
3,458,911
 
   
$
4,319,483
 
Equity Method Investments
      
Partnership Investments
   
 
6,100,640
 
   
 
5,924,275
 
Accrued Performance Allocations
   
 
11,163,116
 
   
 
10,775,355
 
Corporate Treasury Investments
   
 
197,976
 
   
 
803,870
 
Other Investments
   
 
5,001,647
 
   
 
4,323,639
 
  
 
 
 
   
 
 
 
  
$
25,922,290
 
   
$
26,146,622
 
  
 
 
 
   
 
 
 
Reconciliation of Realized and Net Change in Unrealized Gains (Losses) to Other Income (Loss) - Net Gains (Losses) from Fund Investment Activities in Consolidated Statements of Operations
The following table presents the Realized and Net Change in Unrealized Gains (Losses) on investments held by the consolidated Blackstone Funds and a reconciliation to Other Income (Loss) – Net Gains (Losses) from Fund Investment Activities in the Condensed Consolidated Statements of Operations:

 
 
  
Three Months Ended
March 31,
 
 
  
2024
 
  
2023
 
Realized Gains (Losses)
   
$
(58,412
) 
   
$
17,155
 
Net Change in Unrealized Gains (Losses)
   
 
35,125
 
   
 
(17,154
) 
  
 
 
   
 
 
Realized and Net Change in Unrealized Gains (Losses) from Consolidated Blackstone Funds
   
 
(23,287
) 
   
 
1
 
Interest and Dividend Revenue Attributable to Consolidated Blackstone Funds
   
 
5,520
 
   
 
71,063
 
  
 
 
   
 
 
Other Income (Loss) – Net Gains (Losses) from Fund Investment Activities
   
$
(17,767
) 
   
$
71,064
 
  
 
 
   
 
 
Performance Fees Allocated to Funds
Accrued Performance Allocations to Blackstone were as follows:
 
                                                                                                                            
    
Real
  
Private
  
Credit &
  
Multi-Asset
    
    
Estate
  
Equity
  
Insurance
  
Investing
  
Total
Accrued Performance Allocations, December 31, 2023
   
$
2,990,602
 
  
$
6,707,244
 
  
$
599,779
 
  
$
477,730
 
  
$
10,775,355
 
Performance Allocations as a Result of Changes in Fund Fair Values
   
 
83,357
 
  
 
690,844
 
  
 
120,988
 
  
 
155,775
 
  
 
1,050,964
 
Foreign Exchange Loss
   
 
(5,711
) 
  
 
—
 
  
 
—
 
  
 
—
 
  
 
(5,711
) 
Fund Distributions
   
 
(183,108
) 
  
 
(348,875
) 
  
 
(50,449
) 
  
 
(75,060
) 
  
 
(657,492
) 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Accrued Performance Allocations, March 31, 2024
   
$
2,885,140
 
  
$
7,049,213
 
  
$
670,318
 
  
$
558,445
 
  
$
11,163,116
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
  
 
 
 
Realized and Net Change in Unrealized Gains (Losses) on Investments The following table presents the Realized and Net Change in Unrealized Gains (Losses) on these investments:
 
 
  
Three Months
Ended March 31,
 
 
  
2024
 
  
2023
 
Realized Gains (Losses)
   
$
(1,621
) 
   
$
2,374
 
Net Change in Unrealized Gains (Losses)
   
 
(1,260
) 
   
 
7,795
 
  
 
 
   
 
 
  
$
(2,881
) 
   
$
10,169
 
  
 
 
   
 
 
Realized and Net Change in Unrealized Gains (Losses) in Other Investments The following table presents Blackstone’s Realized and Net Change in Unrealized Gains (Losses) in Other Investments:
 
 
  
Three Months Ended
March 31,
 
 
  
2024
 
  
2023
 
Realized Gains
   
$
2,467
 
   
$
1,924
 
Net Change in Unrealized Gains (Losses)
   
 
455,800
 
   
 
(313,153
) 
  
 
 
   
 
 
  
$
458,267
 
   
$
(311,229
)