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Condensed Consolidated Statements of Operations (USD $)
In Thousands, except Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Revenues    
Management and Advisory Fees, Net $ 573,160 $ 482,133
Performance Fees    
Performance Fees Realized - Carried Interest 333,623 294,170
Performance Fees Realized - Incentive Fees 43,794 23,741
Performance Fees Unrealized - Carried Interest 330,394 177,347
Performance Fees Unrealized - Incentive Fees 64,233 105,798
Total Performance Fees 772,044 601,056
Investment Income    
Realized 153,026 42,353
Unrealized 13,500 106,230
Total Investment Income 166,526 148,583
Interest and Dividend Revenue 14,069 12,557
Other 869 2,144
Total Revenues 1,526,668 1,246,473
Expenses    
Compensation and Benefits Compensation 485,351 451,430
Performance Fee Compensation    
Performance Fee Compensation - Realized Carried Interest 149,398 89,437
Performance Fee Compensation - Realized Incentive Fees 23,635 10,508
Performance Fee Compensation - Unrealized Carried Interest 40,730 95,472
Performance Fee Compensation - Unrealized Incentive Fees 23,531 44,478
Total Compensation and Benefits 722,645 691,325
General, Administrative and Other 135,554 109,306
Interest Expense 24,667 27,062
Fund Expenses 4,985 7,408
Total Expenses 887,851 835,101
Other Income    
Net Gains from Fund Investment Activities 70,155 67,210
Income Before Provision for Taxes 708,972 478,582
Provision for Taxes 54,097 50,993
Net Income 654,875 427,589
Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities 45,792 62,316
Net Income (Loss) Attributable to Non-Controlling Interests in Consolidated Entities 43,961 (9,452)
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 299,505 207,090
Net Income Attributable to The Blackstone Group L.P. 265,617 167,635
Distributions Declared Per Common Unit $ 0.58 $ 0.42
Net Income Per Common Unit - Basic and Diluted $ 0.44 $ 0.29
Weighted-Average Common Units Outstanding    
Common Units, Basic 601,527,299 582,322,183
Common Units, Diluted 605,669,164 585,699,899
Revenues Earned from Affiliates    
Management and Advisory Fees, Net $ 74,032 $ 39,371