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Earnings Per Common Unit (Tables)
9 Months Ended
Sep. 30, 2017
Earnings Per Share [Abstract]  
Summary of basic and diluted net income per common unit
Basic and diluted net income (loss) per common unit are calculated as follows:
 
Three Months Ended September 30, 2017
 
Nine Months Ended 
 September 30, 2017
 
Basic
 
Diluted
 
Basic
 
Diluted
Net income attributable to The Carlyle Group L.P.
$
44,600,000

 
$
44,600,000

 
$
185,200,000

 
$
185,200,000

Incremental net income from assumed exchange of Carlyle Holdings partnership units

 
97,800,000

 

 

Net income attributable to common units
$
44,600,000

 
$
142,400,000

 
$
185,200,000

 
$
185,200,000

Weighted-average common units outstanding
95,198,102

 
334,392,424

 
89,815,112

 
97,538,190

Net income per common unit
$
0.47

 
$
0.43

 
$
2.06

 
$
1.90

 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2016
 
Nine Months Ended 
 September 30, 2016
 
Basic
 
Diluted
 
Basic
 
Diluted
Net income attributable to The Carlyle Group L.P.
$
800,000

 
$
800,000

 
$
15,300,000

 
$
15,300,000

Incremental net income (loss) from assumed exchange of Carlyle Holdings partnership units

 
(5,700,000
)
 

 
8,100,000

Net income (loss) attributable to common units
$
800,000

 
$
(4,900,000
)
 
$
15,300,000

 
$
23,400,000

Weighted-average common units outstanding
83,602,503

 
312,534,968

 
82,062,633

 
306,981,103

Net income (loss) per common unit
$
0.01

 
$
(0.02
)
 
$
0.19

 
$
0.08

Summary of weighted-average common units outstanding, basic and diluted
The weighted-average common units outstanding, basic and diluted, are calculated as follows:
 
 
Three Months Ended September 30, 2017
 
Nine Months Ended 
 September 30, 2017
 
Basic
 
Diluted
 
Basic
 
Diluted
The Carlyle Group L.P. weighted-average common units outstanding
95,198,102

 
95,198,102

 
89,815,112

 
89,815,112

Unvested deferred restricted common units

 
7,756,460

 

 
7,125,134

Issuable Carlyle Holdings Partnership units

 
597,944

 

 
597,944

Weighted-average vested Carlyle Holdings Partnership units

 
228,839,164

 

 

Unvested Carlyle Holdings Partnership units

 
2,000,754

 

 

Weighted-average common units outstanding
95,198,102

 
334,392,424

 
89,815,112

 
97,538,190

 
 
 
 
 
 
 
 
 
Three Months Ended September 30, 2016
 
Nine Months Ended 
 September 30, 2016
 
Basic
 
Diluted
 
Basic
 
Diluted
The Carlyle Group L.P. weighted-average common units outstanding
83,602,503

 
83,602,503

 
82,062,633

 
82,062,633

Unvested deferred restricted common units

 
3,569,302

 

 
3,181,825

Weighted-average vested Carlyle Holdings Partnership units

 
224,826,988

 

 
221,377,938

Unvested Carlyle Holdings Partnership units

 
536,175

 

 
358,707

Weighted-average common units outstanding
83,602,503

 
312,534,968

 
82,062,633

 
306,981,103