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Reconciliation of Total Segments to Reported on the Consolidated Statements of Operations (Detail) - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2024
Mar. 31, 2023
Segment Reporting Information [Line Items]    
Revenues [1] $ (19,577) $ (5,928)
Investment Income — Realized Performance Allocations 652,517 646,894
Realized Performance Revenues 295,501 148,244
Compensation 794,803 716,285
Incentive Fee Compensation 73,707 63,281
Realized Performance Allocations Compensation 258,894 296,794
Realized Performance Revenues 831,858 789,770
Segment Adjustment [2] 36 0
Total Compensation and Benefits 1,127,404 1,076,360
General, Administrative and Other 369,950 273,394
General, Administrative and Other [3] (80,972) (21,746)
Investment Income — Realized Performance Allocations 652,517 646,894
Realized Performance Revenues 831,858 789,770
Realized Performance Compensation (332,601) (360,075)
Investment Income Realized 78,597 108,058
Investment Income Realized [4] (68,659) (64,367)
Investment Income Realized 9,938 43,691
Segment Adjustment [5] (2,524) (3,231)
Less: Fee Related Performance Compensation [6] (75,198) (61,071)
Total Segment 332,601 360,075
Management and Advisory Fees, Net    
Segment Reporting Information [Line Items]    
Revenues 1,727,148 1,658,315
Incentive Fees    
Segment Reporting Information [Line Items]    
Revenues 179,341 142,876
Operating Segments    
Segment Reporting Information [Line Items]    
Revenues 1,707,571 1,652,387
Realized Performance Revenues 295,501 148,244
Realized Performance Revenues 536,393 641,526
Realized Performance Revenues (295,501) (148,244)
General, Administrative and Other 288,978 251,648
Realized Performance Revenues 536,393 641,526
Less: Realized Performance Revenues (536,393) (641,526)
Realized Performance Compensation (253,024) (296,024)
Investment Income Realized 9,938 43,691
Less: Equity-Based Compensation — Operating Compensation (313,400) (265,154)
Less: Equity-Based Compensation — Performance Compensation (4,379) (2,980)
Total Compensation and Benefits 554,077 508,971
Less: Equity-Based Compensation — Performance Compensation (4,379) (2,980)
Total Segment 253,024 296,024
Operating Segments | Management and Advisory Fees, Net    
Segment Reporting Information [Line Items]    
Revenues $ 1,707,571 $ 1,652,387
[1] Represents (1) the add back of net management fees earned from consolidated Blackstone Funds which have been eliminated in consolidation, and (2) 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.
[2] Represents the add back of Performance Revenues earned from consolidated Blackstone Funds which have been eliminated in consolidation.
[3] Represents the (1) removal of Transaction-Related and Non-Recurring Items that are not recorded in the Total Segment measures, (2) removal of certain expenses reimbursed by the Blackstone Funds, which are presented gross under GAAP but netted against Management and Advisory Fees, Net in the Total Segment measures, and (3) a reduction equal to an administrative fee collected on a quarterly basis from certain holders of Blackstone Holdings Partnership Units which is accounted for as a capital contribution under GAAP, but is reflected as a reduction of Other Operating Expenses in Blackstone’s segment presentation. For the three months ended March 31, 2024, this adjustment includes removal of an accrual for an estimated liability for a legal matter.
[4] Represents (1) the add back of Principal Investment Income, including general partner income, earned from consolidated Blackstone Funds which have been eliminated in consolidation, and (2) the removal of amounts associated with the ownership of Blackstone consolidated operating partnerships held by non-controlling interests.
[5] Represents the removal of Transaction-Related and Non-Recurring Items that are not recorded in the Total Segment measures.
[6] Fee related performance compensation may include equity-based compensation based on fee related performance revenues.