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Consolidated Statements of Operations - USD ($)
$ in Thousands
3 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Revenues    
Management and Advisory Fees, Net $ 728,849 $ 645,484
Performance Fees Realized - Incentive Fees 12,566 46,511
Performance Allocations    
Realized 269,640 1,111,905
Unrealized 628,089 (124,621)
Principal Investments    
Realized 42,145 251,344
Unrealized 111,774 (40,188)
Total Investment Income 1,051,648 1,198,440
Interest and Dividend Revenue 35,385 28,495
Other (59,317) (4,212)
Total Revenues 1,769,131 1,914,718
Expenses    
Compensation and Benefits Compensation 389,403 351,589
Incentive Fee Compensation 6,662 22,465
Performance Allocations Compensation    
Realized 112,062 366,478
Unrealized 254,435 7,533
Total Compensation and Benefits 762,562 748,065
General, Administrative and Other 126,713 109,386
Interest Expense 38,671 40,246
Fund Expenses 54,985 24,076
Total Expenses 982,931 921,773
Other Income    
Net Gains from Fund Investment Activities 110,599 66,132
Income Before Provision for Taxes 896,799 1,059,077
Provision for Taxes 54,495 57,437
Net Income 842,304 1,001,640
Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities (1,275) 2,000
Net Income Attributable to Non-Controlling Interests in Consolidated Entities 155,499 138,685
Net Income Attributable to Non-Controlling Interests in Blackstone Holdings 320,208 409,046
Net Income Attributable to The Blackstone Group L.P. $ 367,872 $ 451,909
Net Income Per Common Unit    
Common Units, Basic $ 0.55 $ 0.68
Common Units, Diluted $ 0.53 $ 0.68
Weighted-Average Common Units Outstanding    
Common Units, Basic 674,479,140 660,939,708
Common Units, Diluted 1,210,573,854 1,199,506,983
Distributions Declared Per Common Unit [1] $ 0.85 $ 0.47
[1] Distributions declared reflects the calendar date of the declaration for each distribution.