Earnings Per Common Unit (Tables)

12 Months Ended

Dec. 31, 2012

Weighted-Average Common Units Outstanding, Basic and Diluted

The weighted-average common units outstanding, basic and diluted, are calculated as follows:

	For the Period from May 8, 2012
	Through December 31, 2012
	Basic		Diluted
The Carlyle Group L.P. weighted-average common units outstanding		42,562,928		42,562,928
Unvested deferred restricted common units		—		2,207,816
Contingently issuable Carlyle Holdings Partnership units		—		1,488,563
Weighted-average vested Carlyle Holdings Partnership units		—		205,215,204
Unvested Carlyle Holdings Partnership units		—		8,224,476
Weighted-average common units outstanding		42,562,928		259,698,987

Basic and Diluted Net Income Per Common Unit

Basic and diluted net income per common unit are calculated as follows:

	For the Period from May 8, 2012
	Through December 31, 2012
	Basic		Diluted
Net income attributable to The Carlyle Group L.P.	$	20,300,000	$	20,300,000
Incremental net income from assumed exchange of Carlyle
Holdings partnership units		—		87,100,000
Total	$	20,300,000	$	107,400,000
Weighted-average common units outstanding		42,562,928		259,698,987
Net income per common unit	$	0.48	$	0.41