NET INCOME PER COMMON UNIT (Tables)

3 Months Ended

Mar. 31, 2014

Basic and Diluted Net Income Per Common Unit

Basic and diluted net income per common unit for the three months ended March 31, 2014 and March 31, 2013 was calculated as follows:

	Three Months Ended March 31,
	2014		2013
Net Income Attributable to The Blackstone Group L.P.	$	265,617	$	167,635
Basic Net Income Per Common Unit
Weighted-Average Common Units Outstanding		601,527,299		582,322,183
Basic Net Income Per Common Unit	$	0.44	$	0.29
Diluted Net Income Per Common Unit
Weighted-Average Common Units Outstanding		601,527,299		582,322,183
Weighted-Average Unvested Deferred Restricted Common Units		4,141,865		3,377,716
Weighted-Average Diluted Common Units Outstanding		605,669,164		585,699,899
Diluted Net Income Per Common Unit	$	0.44	$	0.29

Summary of Anti-Dilutive Securities

The following table summarizes the anti-dilutive securities for the three months ended March 31, 2014 and 2013:

	Three Months Ended March 31,
	2014		2013
Weighted-Average Blackstone Holdings Partnership Units		549,327,240		557,463,170