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Condensed Consolidated Statements of Cash Flows (USD $)
In Thousands, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Operating Activities    
Net Income $ 654,875 $ 427,589
Blackstone Funds Related    
Unrealized Appreciation on Investments Allocable to Non-Controlling Interests in Consolidated Entities (108,233) (125,897)
Net Realized Gains on Investments (543,367) (425,967)
Changes in Unrealized Gains on Investments Allocable to The Blackstone Group L.P. 3,833 (86,763)
Non-Cash Performance Fees (276,508) (134,220)
Non-Cash Performance Fee Compensation 237,294 239,896
Equity-Based Compensation Expense 194,645 195,343
Excess Tax Benefits Related to Equity-Based Compensation (16,513)  
Amortization of Intangibles 26,258 22,913
Other Non-Cash Amounts Included in Net Income 53,939 51,607
Cash Flows Due to Changes in Operating Assets and Liabilities    
Cash Held by Blackstone Funds and Other (52,120) 153,381
Cash Relinquished in Deconsolidation and Liquidation of Partnership (75,327) (103,985)
Accounts Receivable 364,988 178,416
Reverse Repurchase Agreements (13,724) (10,025)
Due from Affiliates 275,550 44,438
Other Assets (81,645) 9,333
Accrued Compensation and Benefits (288,791) (289,260)
Securities Sold, Not Yet Purchased 70,318 (12,762)
Accounts Payable, Accrued Expenses and Other Liabilities (223,761) (386,227)
Repurchase Agreements (138,678) (39,412)
Due to Affiliates (28,278) (53,020)
Treasury Cash Management Strategies    
Investments Purchased (808,884) (931,481)
Cash Proceeds from Sale of Investments 1,020,997 1,199,355
Blackstone Funds Related    
Investments Purchased (1,652,358) (1,564,358)
Cash Proceeds from Sale or Pay Down of Investments 2,385,748 2,745,408
Net Cash Provided by Operating Activities 980,258 1,104,302
Investing Activities    
Purchase of Furniture, Equipment and Leasehold Improvements (6,123) (7,344)
Changes in Restricted Cash 5,841 5,852
Net Cash Used in Investing Activities (282) (1,492)
Financing Activities    
Distributions to Non-Controlling Interest Holders in Consolidated Entities (258,361) (197,563)
Contributions from Non-Controlling Interest Holders in Consolidated Entities 419,332 186,147
Purchase of Interests from Certain Non-Controlling Interest Holders (6) (11)
Payments Under Tax Receivable Agreement (80,565)  
Net Settlement of Vested Common Units and Repurchase of Common and Blackstone Holdings Partnership Units (19,129) (9,741)
Excess Tax Benefits Related to Equity-Based Compensation 16,513  
Proceeds from Loans Payable 2,206 479
Repayment and Repurchase of Loans Payable (6,488) (435)
Distributions to Unitholders (708,862) (561,515)
Blackstone Funds Related    
Proceeds from Loans Payable   1,844
Repayment of Loans Payable (389,097) (416,241)
Net Cash Used in Financing Activities (1,024,457) (997,036)
Effect of Exchange Rate Changes on Cash and Cash Equivalents 4 (10)
Net Increase (Decrease) in Cash and Cash Equivalents (44,477) 105,764
Cash and Cash Equivalents, Beginning of Period 831,998 709,502
Cash and Cash Equivalents, End of Period 787,521 815,266
Supplemental Disclosure of Cash Flows Information    
Payments for Interest 49,282 53,785
Payments for Income Taxes 47,547 17,212
Supplemental Disclosure of Non-Cash Investing and Financing Activities    
Non-Cash Contributions from Non-Controlling Interest Holders 10,933  
Non-Cash Distributions to Non-Controlling Interest Holders (11,069)  
Net Activities Related to Capital Transactions of Consolidated Blackstone Funds 808 109
Net Assets Related to the Consolidation of CLO Vehicles 8,398  
Net Assets Related to the Consolidation of Certain Fund Entities 35,433  
In-kind Contribution of Capital   2,323
Transfer of Interests to Non-Controlling Interest Holders (212) (207)
Change in The Blackstone Group L.P.'s Ownership Interest (10,354) (9,748)
Net Settlement of Vested Common Units 22,325 9,981
Conversion of Blackstone Holdings Partnership Units to Common Units 45,050 1,902
Acquisition of Ownership Interests from Non-Controlling Interest Holders    
Deferred Tax Asset (46,023) (78,972)
Due to Affiliates 33,378 1,272
Partners' Capital $ 12,645 $ 77,700