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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2013
Mar. 31, 2012
Revenues    
Management and Advisory Fees, Net $ 482,133 $ 471,676
Performance Fees    
Performance Fees Realized - Carried Interest 294,170 13,560
Performance Fees Realized - Incentive Fees 23,741 5,279
Performance Fees Unrealized - Carried Interest 177,347 298,796
Performance Fees Unrealized - Incentive Fees 105,798 67,135
Total Performance Fees 601,056 384,770
Investment Income    
Realized 42,353 16,335
Unrealized 106,230 72,826
Total Investment Income 148,583 89,161
Interest and Dividend Revenue 12,557 7,636
Other 2,144 (1,207)
Total Revenues 1,246,473 952,036
Expenses    
Compensation 451,430 495,255
Performance Fee Compensation    
Performance Fee Compensation - Realized Carried Interest 89,437 7,938
Performance Fee Compensation - Realized Incentive Fees 10,508 4,252
Performance Fee Compensation - Unrealized Carried Interest 95,472 84,543
Performance Fee Compensation - Unrealized Incentive Fees 44,478 12,779
Total Compensation and Benefits 691,325 604,767
General, Administrative and Other 109,306 142,766
Interest Expense 27,062 14,518
Fund Expenses 7,408 21,742
Total Expenses 835,101 783,793
Other Income    
Net Gains from Fund Investment Activities 67,210 288,142
Income Before Provision for Taxes 478,582 456,385
Provision for Taxes 50,993 38,753
Net Income 427,589 417,632
Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities 62,316 54,259
Net Income (Loss) Attributable to Non-Controlling Interests in Consolidated Entities (9,452) 197,643
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 207,090 107,405
Net Income Attributable to The Blackstone Group L.P. 167,635 58,325
Distributions Declared per Common Unit $ 0.42 $ 0.22
Net Income Per Common Unit - Basic $ 0.29 $ 0.12
Net Income Per Common Unit - Diluted $ 0.29 $ 0.11
Weighted-Average Common Units Outstanding    
Common Units, Basic 582,322,183 506,985,529
Common Units, Diluted 585,699,899 517,389,558
Revenues Earned from Affiliates    
Management and Advisory Fees, Net $ 39,371 $ 47,984