2016 Q1 Form 10-Q Financial Statement

#000119312516579849 Filed on May 05, 2016

View on sec.gov

Income Statement

Concept 2016 Q1 2015 Q1
Revenue $932.4M $2.512B
YoY Change -62.89% 64.56%
Cost Of Revenue $106.1M $403.8M
YoY Change -73.72% 70.16%
Gross Profit $826.3M $2.109B
YoY Change -60.81% 63.53%
Gross Profit Margin 88.63% 83.93%
Selling, General & Admin $474.3M $707.4M
YoY Change -32.95% 13.02%
% of Gross Profit 57.4% 33.55%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $22.80M $24.80M
YoY Change -8.06% -5.7%
% of Gross Profit 2.76% 1.18%
Operating Expenses $474.2M $707.4M
YoY Change -32.97% 13.02%
Operating Profit $352.1M $1.401B
YoY Change -74.87% 111.17%
Interest Expense $37.36M $31.37M
YoY Change 19.08% 27.17%
% of Operating Profit 10.61% 2.24%
Other Income/Expense, Net $19.14M $93.56M
YoY Change -79.54% 33.35%
Pretax Income $333.8M $1.463B
YoY Change -77.19% 106.4%
Income Tax $9.146M $99.34M
% Of Pretax Income 2.74% 6.79%
Net Earnings $159.8M $629.4M
YoY Change -74.62% 136.98%
Net Earnings / Revenue 17.13% 25.05%
Basic Earnings Per Share $0.23 $1.01
Diluted Earnings Per Share $0.23 $1.00
COMMON SHARES
Basic Shares Outstanding 644.9M shares 625.3M shares
Diluted Shares Outstanding 1.194B shares 631.2M shares

Balance Sheet

Concept 2016 Q1 2015 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $1.921B $3.105B
YoY Change -38.13% 55.41%
Cash & Equivalents $1.373B $1.135B
Short-Term Investments
Other Short-Term Assets
YoY Change
Inventory
Prepaid Expenses
Receivables $661.0M $1.259B
Other Receivables $1.139B $1.146B
Total Short-Term Assets $3.721B $5.510B
YoY Change -32.47% 35.61%
LONG-TERM ASSETS
Property, Plant & Equipment $139.3M $132.4M
YoY Change 5.19% 0.56%
Goodwill $1.719B $1.787B
YoY Change -3.85% 0.0%
Intangibles
YoY Change
Long-Term Investments $3.116B $3.145B
YoY Change -0.92% -4.46%
Other Assets $1.302B $1.241B
YoY Change 4.92% 1.22%
Total Long-Term Assets $18.33B $26.90B
YoY Change -31.85% 3.59%
TOTAL ASSETS
Total Short-Term Assets $3.721B $5.510B
Total Long-Term Assets $18.33B $26.90B
Total Assets $22.05B $32.41B
YoY Change -31.96% 7.92%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $561.0M $1.247B
YoY Change -55.01% -12.12%
Accrued Expenses $1.846B $2.433B
YoY Change -24.13% 23.44%
Deferred Revenue
YoY Change
Short-Term Debt $50.00M $87.00M
YoY Change -42.53% -59.91%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $3.676B $5.227B
YoY Change -29.67% -0.8%
LONG-TERM LIABILITIES
Long-Term Debt $6.358B $9.063B
YoY Change -29.85% -9.25%
Other Long-Term Liabilities $106.0M $162.0M
YoY Change -34.57%
Total Long-Term Liabilities $6.464B $9.225B
YoY Change -29.93% -7.63%
TOTAL LIABILITIES
Total Short-Term Liabilities $3.676B $5.227B
Total Long-Term Liabilities $6.464B $9.225B
Total Liabilities $10.14B $14.45B
YoY Change -29.84% -5.27%
SHAREHOLDERS EQUITY
Retained Earnings
YoY Change
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $6.090B $7.459B
YoY Change
Total Liabilities & Shareholders Equity $22.05B $32.41B
YoY Change -31.96% 7.92%

Cashflow Statement

Concept 2016 Q1 2015 Q1
OPERATING ACTIVITIES
Net Income $159.8M $629.4M
YoY Change -74.62% 136.98%
Depreciation, Depletion And Amortization $22.80M $24.80M
YoY Change -8.06% -5.7%
Cash From Operating Activities $220.2M $479.3M
YoY Change -54.06% -51.1%
INVESTING ACTIVITIES
Capital Expenditures $9.934M $3.275M
YoY Change 203.33% -46.51%
Acquisitions
YoY Change
Other Investing Activities $5.800M $5.800M
YoY Change 0.0% 0.0%
Cash From Investing Activities -$4.100M $2.600M
YoY Change -257.69% -1021.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net $21.33M $2.410M
YoY Change 784.94% -62.85%
Cash From Financing Activities -680.9M -758.9M
YoY Change -10.28% -25.92%
NET CHANGE
Cash From Operating Activities 220.2M 479.3M
Cash From Investing Activities -4.100M 2.600M
Cash From Financing Activities -680.9M -758.9M
Net Change In Cash -464.8M -277.0M
YoY Change 67.8% 522.74%
FREE CASH FLOW
Cash From Operating Activities $220.2M $479.3M
Capital Expenditures $9.934M $3.275M
Free Cash Flow $210.3M $476.0M
YoY Change -55.83% -51.13%

Facts In Submission

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CY2015Q4 bx Gross And Net Amounts Of Liabilities Presented In The Statement Of Financial Condition
GrossAndNetAmountsOfLiabilitiesPresentedInTheStatementOfFinancialCondition
55946000
CY2015Q4 bx Distributions Received On Behalf Of Non Consolidated Entities
DistributionsReceivedOnBehalfOfNonConsolidatedEntities
33160000
CY2015Q4 bx Gross Amount Of Financial And Derivative Assets Not Offset In The Statement Of Financial Condition Financial Instruments
GrossAmountOfFinancialAndDerivativeAssetsNotOffsetInTheStatementOfFinancialConditionFinancialInstruments
206088000
CY2015Q4 bx Money Market Funds Fair Value
MoneyMarketFundsFairValue
460233000
CY2015Q4 bx Fair Value Of Financial Instruments More Than One Day Past Due
FairValueOfFinancialInstrumentsMoreThanOneDayPastDue
1088000
CY2015Q4 bx Equity And Preferred Securities
EquityAndPreferredSecurities
280879000
CY2015Q4 bx Accrual For Potential Clawback Of Previously Distributed Interest
AccrualForPotentialClawbackOfPreviouslyDistributedInterest
1686000
CY2015Q4 bx Freestanding Derivatives
FreestandingDerivatives
4300000
CY2015Q4 bx Financial Assets Fair Value
FinancialAssetsFairValue
7182201000
CY2015Q4 bx Gross And Net Amounts Of Assets Presented In The Statement Of Financial Condition
GrossAndNetAmountsOfAssetsPresentedInTheStatementOfFinancialCondition
209512000
CY2015Q4 bx Potential Clawback Obligation Of Non Consolidated Vie
PotentialClawbackObligationOfNonConsolidatedVie
73450000
CY2015Q4 bx Distributions Received On Behalf Of Certain Non Controlling Interest Holders And Company Employees
DistributionsReceivedOnBehalfOfCertainNonControllingInterestHoldersAndCompanyEmployees
26593000
CY2015Q4 bx Clawback Obligations
ClawbackObligations
3356000
CY2015Q4 bx Variable Interest Entity Consolidated Carrying Amount Due To Affiliates
VariableInterestEntityConsolidatedCarryingAmountDueToAffiliates
586000
CY2015Q4 bx Management And Performance Fees Due From Non Consolidated Funds
ManagementAndPerformanceFeesDueFromNonConsolidatedFunds
403538000
CY2015Q4 bx Fair Value Of Clo Assets
FairValueOfCLOAssets
3900000000
CY2015Q4 bx Investments In Treasury Cash Management Strategies
InvestmentsInTreasuryCashManagementStrategies
1682259000
CY2015Q4 bx Variable Interest Entity Consolidated Carrying Amount Accounts Payable Accrued Expenses And Other Liabilities
VariableInterestEntityConsolidatedCarryingAmountAccountsPayableAccruedExpensesAndOtherLiabilities
88000
CY2015Q4 bx Due To Certain Non Controlling Interest Holders In Connection With Tax Receivable Agreements
DueToCertainNonControllingInterestHoldersInConnectionWithTaxReceivableAgreements
1201543000
CY2015Q4 bx Investment By Founder Senior Managing Directors And Employees
InvestmentByFounderSeniorManagingDirectorsAndEmployees
746300000
CY2015Q4 bx Gross Amount Of Liabilities Not Off Set In Statement Of Financial Condition Financial Instruments
GrossAmountOfLiabilitiesNotOffSetInStatementOfFinancialConditionFinancialInstruments
42409000
CY2015Q4 bx Cash Held By Funds And Other
CashHeldByFundsAndOther
587132000
CY2015Q4 bx Due To Note Holders Of Consolidated Clo Vehicles
DueToNoteHoldersOfConsolidatedCloVehicles
8231000
CY2015Q4 bx Non Controlling Interest In Partnerships
NonControllingInterestInPartnerships
3368509000
CY2015Q4 bx Primarily Interest Bearing Advances Made On Behalf Of Certain Non Controlling Interest Holders And Company Employees For Investments In Company Funds
PrimarilyInterestBearingAdvancesMadeOnBehalfOfCertainNonControllingInterestHoldersAndCompanyEmployeesForInvestmentsInCompanyFunds
331558000
CY2015Q4 bx Variable Interest Entity Consolidated Carrying Amount Due From Affiliates
VariableInterestEntityConsolidatedCarryingAmountDueFromAffiliates
51029000
CY2015Q4 bx Liability Net Amount
LiabilityNetAmount
791000
CY2015Q4 bx Cash Collateral Received
CashCollateralReceived
1310000
CY2015Q4 bx Vie Carrying Amount Of Receivables Unconsolidated Vie
VieCarryingAmountOfReceivablesUnconsolidatedVie
11726000
CY2015Q4 bx Cash Collateral Pledged
CashCollateralPledged
12746000
CY2015Q4 bx Non Controlling Interests In Consolidated Entities
NonControllingInterestsInConsolidatedEntities
2408701000
CY2015Q4 bx Performance Fees Receivable
PerformanceFeesReceivable
4757932000
CY2015Q4 bx Payments Made On Behalf Of Non Consolidated Entities
PaymentsMadeOnBehalfOfNonConsolidatedEntities
178326000
CY2015Q4 bx Uncollected Principal Balance On Financial Instruments That Exceeds Fair Value More Than One Day Past Due
UncollectedPrincipalBalanceOnFinancialInstrumentsThatExceedsFairValueMoreThanOneDayPastDue
5620000
CY2015Q4 bx Payments Made By Non Consolidated Entities
PaymentsMadeByNonConsolidatedEntities
9817000
CY2015Q4 bx Asset Net Amount
AssetNetAmount
2114000
CY2016Q1 us-gaap Units Of Partnership Interest Amount
UnitsOfPartnershipInterestAmount
168600140 shares
CY2015 bx Loans And Bonds Contractual Payment Past Due Number Days
LoansAndBondsContractualPaymentPastDueNumberDays
P1D
CY2015Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
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CY2015Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
625276969 shares
CY2015Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.068 pure
CY2015Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
479286000
CY2015Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
CY2015Q1 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
631232041 shares
CY2015Q1 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.00
CY2015Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
5955072 shares
CY2015Q1 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
0 shares
CY2015Q1 us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
109651000
CY2015Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
229240000
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
23834000
CY2015Q1 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
608298000
CY2015Q1 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3275000
CY2015Q1 us-gaap Other Nonoperating Gains Losses
OtherNonoperatingGainsLosses
93555000
CY2015Q1 us-gaap Investment Income Interest And Dividend
InvestmentIncomeInterestAndDividend
21920000
CY2015Q1 us-gaap Investment Advisory Fees
InvestmentAdvisoryFees
616768000
CY2015Q1 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
93555000
CY2015Q1 us-gaap Gain Loss On Sale Of Other Investments
GainLossOnSaleOfOtherInvestments
393000
CY2015Q1 us-gaap Increase Decrease Due From Affiliates
IncreaseDecreaseDueFromAffiliates
1928000
CY2015Q1 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
1463345000
CY2015Q1 us-gaap Comprehensive Income Net Of Tax Including Portion Attributable To Noncontrolling Interest
ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
1316213000
CY2015Q1 us-gaap Revenues
Revenues
2512358000
CY2015Q1 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
47474000
CY2015Q1 us-gaap Gain Loss On Sale Of Derivatives
GainLossOnSaleOfDerivatives
10155000
CY2015Q1 us-gaap Increase Decrease In Restricted Cash
IncreaseDecreaseInRestrictedCash
-5843000
CY2015Q1 us-gaap Performance Fees
PerformanceFees
1673108000
CY2015Q1 us-gaap Profit Loss
ProfitLoss
1364001000
CY2015Q1 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2410000
CY2015Q1 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
162100000
CY2015Q1 us-gaap Revenue From Related Parties
RevenueFromRelatedParties
48112000
CY2015Q1 us-gaap Interest Paid
InterestPaid
49484000
CY2015Q1 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
93555000
CY2015Q1 us-gaap Payments Of Capital Distribution
PaymentsOfCapitalDistribution
970960000
CY2015Q1 us-gaap Net Income Loss Attributable To Parent Diluted
NetIncomeLossAttributableToParentDiluted
629448000
CY2015Q1 us-gaap Gain Loss On Investments
GainLossOnInvestments
206203000
CY2015Q1 us-gaap Net Income Loss
NetIncomeLoss
629448000
CY2015Q1 us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-107020000
CY2015Q1 us-gaap Increase Decrease In Receivables Under Repurchase Agreements
IncreaseDecreaseInReceivablesUnderRepurchaseAgreements
79628000
CY2015Q1 us-gaap Employee Service Share Based Compensation Tax Benefit From Compensation Expense
EmployeeServiceShareBasedCompensationTaxBenefitFromCompensationExpense
23600000
CY2015Q1 us-gaap Unrealized Gain Loss On Derivatives
UnrealizedGainLossOnDerivatives
-14692000
CY2015Q1 us-gaap Conversion Of Stock Amount Issued1
ConversionOfStockAmountIssued1
46123000
CY2015Q1 us-gaap Other Operating Income Expense Net
OtherOperatingIncomeExpenseNet
-5641000
CY2015Q1 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-47788000
CY2015Q1 us-gaap Income Taxes Paid
IncomeTaxesPaid
70609000
CY2015Q1 us-gaap Interest Expense
InterestExpense
31370000
CY2015Q1 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
60000
CY2015Q1 us-gaap Net Cash Provided By Used In Financing Activities Continuing Operations
NetCashProvidedByUsedInFinancingActivitiesContinuingOperations
-758914000
CY2015Q1 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
24800000
CY2015Q1 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
99344000
CY2015Q1 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
89323000
CY2015Q1 us-gaap Increase Decrease In Due To Affiliates
IncreaseDecreaseInDueToAffiliates
-90700000
CY2015Q1 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
130973000
CY2015Q1 us-gaap Proceeds From Loans
ProceedsFromLoans
23000
CY2015Q1 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-528826000
CY2015Q1 us-gaap Costs And Expenses
CostsAndExpenses
1142568000
CY2015Q1 us-gaap Salaries And Wages
SalariesAndWages
559559000
CY2015Q1 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-277000000
CY2015Q1 us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
55274000
CY2015Q1 us-gaap Net Income Loss Attributable To Redeemable Noncontrolling Interest
NetIncomeLossAttributableToRedeemableNoncontrollingInterest
7527000
CY2015Q1 us-gaap Increase Decrease In Accrued Salaries
IncreaseDecreaseInAccruedSalaries
-436354000
CY2015Q1 us-gaap Proceeds From Payments For In Securities Sold Under Agreements To Repurchase
ProceedsFromPaymentsForInSecuritiesSoldUnderAgreementsToRepurchase
57152000
CY2015Q1 us-gaap Labor And Related Expense
LaborAndRelatedExpense
963375000
CY2015Q1 us-gaap Excess Tax Benefit From Share Based Compensation Financing Activities
ExcessTaxBenefitFromShareBasedCompensationFinancingActivities
23834000
CY2015Q1 us-gaap Share Based Compensation
ShareBasedCompensation
272335000
CY2015Q1 us-gaap Income Loss Attributable To Noncontrolling Interest
IncomeLossAttributableToNoncontrollingInterest
81796000
CY2015Q1 us-gaap Net Cash Provided By Used In Investing Activities Continuing Operations
NetCashProvidedByUsedInInvestingActivitiesContinuingOperations
2568000
CY2015Q1 bx Investment Income Loss Unrealized
InvestmentIncomeLossUnrealized
18273000
CY2015Q1 bx Changes In Unrealized Gains Losses On Investments Allocable To Parent And Funds Related
ChangesInUnrealizedGainsLossesOnInvestmentsAllocableToParentAndFundsRelated
61239000
CY2015Q1 bx Repayment Of Loans Payable
RepaymentOfLoansPayable
32805000
CY2015Q1 bx Net Change In Unrealized Gains Losses On Other Investments
NetChangeInUnrealizedGainsLossesOnOtherInvestments
371000
CY2015Q1 bx Payments Of Tax Receivable Agreement
PaymentsOfTaxReceivableAgreement
82830000
CY2015Q1 bx Non Cash Performance Fee Compensation
NonCashPerformanceFeeCompensation
403816000
CY2015Q1 bx Segment Reconciliation Amortization Of Intangible Assets
SegmentReconciliationAmortizationOfIntangibleAssets
25899000
CY2015Q1 bx Realized Gains Losses Held By Consolidated Funds
RealizedGainsLossesHeldByConsolidatedFunds
67039000
CY2015Q1 bx Performance Fee Compensation Realized Incentive Fees
PerformanceFeeCompensationRealizedIncentiveFees
12227000
CY2015Q1 bx Performance Fees Realized Incentive Fees
PerformanceFeesRealizedIncentiveFees
29638000
CY2015Q1 bx Performance Fees Realized Carried Interest
PerformanceFeesRealizedCarriedInterest
1207594000
CY2015Q1 bx Increase Decrease In Cash Of Discontinued Operations
IncreaseDecreaseInCashOfDiscontinuedOperations
-442370000
CY2015Q1 bx Net Change In Unrealized Gains Losses Held By Consolidated Funds
NetChangeInUnrealizedGainsLossesHeldByConsolidatedFunds
3933000
CY2015Q1 bx Realized Gains Losses And Net Change In Unrealized Gains Losses Held By Consolidated Funds
RealizedGainsLossesAndNetChangeInUnrealizedGainsLossesHeldByConsolidatedFunds
70972000
CY2015Q1 bx Fund Management Fees And Performance Fees Eliminated In Consolidation
FundManagementFeesAndPerformanceFeesEliminatedInConsolidation
-3711000
CY2015Q1 bx Net Settlement Of Vested Common Units
NetSettlementOfVestedCommonUnits
51228000
CY2015Q1 bx Founders Other Senior Managing Directors And Employees Share Of Net Income Loss Attributable To Redeemable Non Controlling And Non Controlling Interests In Consolidated Entities
FoundersOtherSeniorManagingDirectorsAndEmployeesShareOfNetIncomeLossAttributableToRedeemableNonControllingAndNonControllingInterestsInConsolidatedEntities
49500000
CY2015Q1 bx Non Cash Performance Fees
NonCashPerformanceFees
315065000
CY2015Q1 bx Unrealized Depreciation Appreciation On Investments Allocable To Non Controlling Interests In Consolidated Entities Funds Related
UnrealizedDepreciationAppreciationOnInvestmentsAllocableToNonControllingInterestsInConsolidatedEntitiesFundsRelated
87529000
CY2015Q1 bx Interest From Loans To Affiliates
InterestFromLoansToAffiliates
2000000
CY2015Q1 bx Interest And Dividend Revenue Attributable To Consolidated Funds
InterestAndDividendRevenueAttributableToConsolidatedFunds
22583000
CY2015Q1 bx Proceeds From Loans Payable
ProceedsFromLoansPayable
507832000
CY2015Q1 bx Transfer Of Interests To Non Controlling Interest Holders
TransferOfInterestsToNonControllingInterestHolders
-10163000
CY2015Q1 bx Increase Decrease In Cash Held By Funds And Other
IncreaseDecreaseInCashHeldByFundsAndOther
-350505000
CY2015Q1 bx Performance Fee Compensation Unrealized Incentive Fees
PerformanceFeeCompensationUnrealizedIncentiveFees
24961000
CY2015Q1 bx Net Settlement Of Vested Common Units And Repurchase Of Common And Partnership Units
NetSettlementOfVestedCommonUnitsAndRepurchaseOfCommonAndPartnershipUnits
27632000
CY2015Q1 bx Performance Fees Unrealized Incentive Fees
PerformanceFeesUnrealizedIncentiveFees
62036000
CY2015Q1 bx Deferred Tax Asset Exchange Of Founders And Senior Managing Directors Interests In Partnership Holdings
DeferredTaxAssetExchangeOfFoundersAndSeniorManagingDirectorsInterestsInPartnershipHoldings
54313000
CY2015Q1 bx Change Of Parent Ownership Interest
ChangeOfParentOwnershipInterest
68361000
CY2015Q1 bx Net Realized Gains Losses On Investments Funds Related
NetRealizedGainsLossesOnInvestmentsFundsRelated
-1479010000
CY2015Q1 bx Performance Fees Unrealized Carried Interest
PerformanceFeesUnrealizedCarriedInterest
373840000
CY2015Q1 bx Performance Fee Compensation Realized Carried Interest
PerformanceFeeCompensationRealizedCarriedInterest
292248000
CY2015Q1 bx Transaction Related Other Income Expense
TransactionRelatedOtherIncomeExpense
-1424000
CY2015Q1 bx Comprehensive Income Attributable To Non Controlling Interests In Partnerships
ComprehensiveIncomeAttributableToNonControllingInterestsInPartnerships
645230000
CY2015Q1 bx Realized Gains Losses On Other Investments
RealizedGainsLossesOnOtherInvestments
22000
CY2015Q1 bx Investment Income Loss Realized
InvestmentIncomeLossRealized
187930000
CY2015Q1 bx Comprehensive Income Attributable To Redeemable Non Controlling Interests In Consolidated Entities
ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInConsolidatedEntities
7527000
CY2015Q1 bx Transfers From Level Two To Level One
TransfersFromLevelTwoToLevelOne
5688000
CY2015Q1 bx Ipo And Acquisition Related Charges
IpoAndAcquisitionRelatedCharges
231862000
CY2015Q1 bx Fund Expenses Consolidated Funds
FundExpensesConsolidatedFunds
16850000
CY2015Q1 bx Performance Fee Compensation Unrealized Carried Interest
PerformanceFeeCompensationUnrealizedCarriedInterest
74380000
CY2015Q1 bx Net Income Loss Attributable To Non Controlling Interests In Partnerships
NetIncomeLossAttributableToNonControllingInterestsInPartnerships
645230000
CY2015Q1 bx Increase Decrease In Securities Sold Not Yet Purchased
IncreaseDecreaseInSecuritiesSoldNotYetPurchased
-76698000
CY2015Q1 bx Consolidation Adjustments And Reconciling Items For Economic Income To Income Before Provision For Taxes
ConsolidationAdjustmentsAndReconcilingItemsForEconomicIncomeToIncomeBeforeProvisionForTaxes
168438000
CY2015Q1 bx Fund Expenses Added In Consolidation
FundExpensesAddedInConsolidation
9367000
CY2015Q1 bx Comprehensive Income Loss Attributable To Non Controlling Interest In Consolidated Entities
ComprehensiveIncomeLossAttributableToNonControllingInterestInConsolidatedEntities
55158000
CY2015Q1 bx Non Cash Contributions From Non Controlling Interest Holders
NonCashContributionsFromNonControllingInterestHolders
601000
CY2015Q1 bx Partners Capital Account Period Increase Decrease Exchange Of Related Parties
PartnersCapitalAccountPeriodIncreaseDecreaseExchangeOfRelatedParties
9113000
CY2015Q1 bx Due To Affiliates From Non Cash Financing Activities Exchange Of Related Parties
DueToAffiliatesFromNonCashFinancingActivitiesExchangeOfRelatedParties
45200000
CY2015Q1 bx Economic Income Loss
EconomicIncomeLoss
1631783000
CY2016Q1 dei Document Type
DocumentType
10-Q
CY2016Q1 dei Trading Symbol
TradingSymbol
BX
CY2016Q1 dei Entity Central Index Key
EntityCentralIndexKey
0001393818
CY2016Q1 dei Document Period End Date
DocumentPeriodEndDate
2016-03-31
CY2016Q1 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.61
CY2016Q1 dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
CY2016Q1 dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
CY2016Q1 us-gaap Employee Service Share Based Compensation Nonvested Awards Total Compensation Cost Not Yet Recognized Period For Recognition1
EmployeeServiceShareBasedCompensationNonvestedAwardsTotalCompensationCostNotYetRecognizedPeriodForRecognition1
P4Y10M24D
CY2016Q1 dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q1
CY2016Q1 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
644897849 shares
CY2016Q1 us-gaap Finite Lived Intangible Asset Useful Life
FiniteLivedIntangibleAssetUsefulLife
P6Y3M18D
CY2016Q1 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.057 pure
CY2016Q1 us-gaap Schedule Of Repurchase Agreements
ScheduleOfRepurchaseAgreements
<div> <p style="MARGIN-BOTTOM: 0px; MARGIN-TOP: 12px; TEXT-INDENT: 4%"> <font style="FONT-FAMILY: Times New Roman" size="2">The following table provides information regarding the Partnership&#x2019;s Repurchase Agreements obligation by type of collateral pledged as of March&#xA0;31, 2016:</font></p> <p style="MARGIN-BOTTOM: 0px; FONT-SIZE: 12px; MARGIN-TOP: 0px"> &#xA0;</p> <table style="BORDER-COLLAPSE: collapse" cellspacing="0" cellpadding="0" width="100%" align="center" border="0"> <tr> <td width="59%"></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> <td valign="bottom" width="4%"></td> <td></td> <td></td> <td></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="18" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>March&#xA0;31, 2016</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="18" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Remaining Contractual Maturity of the Agreements</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Overnight&#xA0;and<br /> Continuous</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Up to<br /> 30 Days</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>30&#xA0;-&#xA0;90<br /> Days</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Greater<br /> than<br /> 90&#xA0;days</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td style="BORDER-BOTTOM: #000000 1px solid" valign="bottom" colspan="2" align="center"><font style="FONT-FAMILY: Times New Roman" size="1"><b>Total</b></font></td> <td valign="bottom"><font size="1">&#xA0;</font></td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2"><b>Repurchase Agreements</b></font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> </tr> <tr> <td valign="top"> <p style="MARGIN-LEFT: 3em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Asset-Backed Securities</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">5,148</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">40,260</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">4,132</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">49,540</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr bgcolor="#CCEEFF"> <td valign="top" colspan="16"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Gross Amount of Recognized Liabilities for Repurchase Agreements in Note 11. &#x201C;Offsetting of Assets and Liabilities&#x201D;</font></p> </td> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;&#xA0;</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">49,540</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> <tr> <td valign="top" colspan="16"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">Amounts Related to Agreements Not Included in Offsetting Disclosure in Note 11. &#x201C;Offsetting of Assets and Liabilities&#x201D;</font></p> </td> <td valign="top"> <p style="MARGIN-LEFT: 1em; TEXT-INDENT: -1em"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;&#xA0;</font></p> </td> <td valign="bottom"><font size="1">&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">$</font></td> <td valign="bottom" nowrap="nowrap" align="right"><font style="FONT-FAMILY: Times New Roman" size="2">&#x2014;&#xA0;&#xA0;</font></td> <td valign="bottom" nowrap="nowrap"><font style="FONT-FAMILY: Times New Roman" size="2">&#xA0;&#xA0;</font></td> </tr> <tr style="FONT-SIZE: 1px"> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom"></td> <td valign="bottom">&#xA0;&#xA0;</td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td valign="bottom"> <p style="BORDER-TOP: #000000 3px double">&#xA0;</p> </td> <td>&#xA0;</td> </tr> </table> </div>
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WeightedAverageGeneralPartnershipUnitsOutstanding
548042780 shares
CY2016Q1 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
NetCashProvidedByUsedInOperatingActivitiesContinuingOperations
208531000
CY2016Q1 dei Amendment Flag
AmendmentFlag
false
CY2016Q1 dei Entity Registrant Name
EntityRegistrantName
BLACKSTONE GROUP L.P.
CY2016Q1 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
0.23
CY2016Q1 us-gaap Number Of Operating Segments
NumberOfOperatingSegments
4 Segment
CY2016Q1 dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2016
CY2016Q1 us-gaap Nature Of Operations
NatureOfOperations
<div> <table style="BORDER-COLLAPSE:COLLAPSE" border="0" cellpadding="0" cellspacing="0" width="100%"> <tr> <td width="4%" valign="top" align="left"><font style="font-family:Times New Roman" size="2"><b>1.</b></font></td> <td align="left" valign="top"><font style="font-family:Times New Roman" size="2"><b>ORGANIZATION</b></font></td> </tr> </table> <p style="margin-top:6px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Blackstone Group L.P., together with its subsidiaries (&#x201C;Blackstone&#x201D; or the &#x201C;Partnership&#x201D;), is a leading global manager of private capital. The alternative asset management business includes the management of private equity funds, real estate funds, real estate investment trusts (&#x201C;REITs&#x201D;), funds of hedge funds, hedge funds, credit-focused funds, collateralized loan obligation (&#x201C;CLO&#x201D;) vehicles, collateralized debt obligation (&#x201C;CDO&#x201D;) vehicles, separately managed accounts and registered investment companies (collectively referred to as the &#x201C;Blackstone Funds&#x201D;). Blackstone&#x2019;s business is organized into four segments: private equity, real estate, hedge fund solutions and credit.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">On October&#xA0;1, 2015, Blackstone completed the spin-off of the operations that historically constituted Blackstone&#x2019;s Financial Advisory segment, other than Blackstone&#x2019;s capital markets services business. Blackstone&#x2019;s capital markets services business was retained and was not part of the spin-off. These historical operations included various financial advisory services, including financial and strategic advisory, restructuring and reorganization advisory and fund placement services. As of October&#xA0;1, 2015, Blackstone no longer reported a Financial Advisory segment.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">The Partnership was formed as a Delaware limited partnership on March&#xA0;12, 2007. The Partnership is managed and operated by its general partner, Blackstone Group Management L.L.C., which is in turn wholly owned and controlled by one of Blackstone&#x2019;s founders, Stephen A. Schwarzman (the &#x201C;Founder&#x201D;), and Blackstone&#x2019;s other senior managing directors. The activities of the Partnership are conducted through its holding partnerships: Blackstone Holdings I L.P., Blackstone Holdings AI L.P., Blackstone Holdings II L.P., Blackstone Holdings III L.P. and Blackstone Holdings IV L.P. (collectively, &#x201C;Blackstone Holdings&#x201D;, &#x201C;Blackstone Holdings Partnerships&#x201D; or the &#x201C;Holding Partnerships&#x201D;). The Partnership, through its wholly owned subsidiaries, is the sole general partner in each of these Holding Partnerships.</font></p> <p style="margin-top:12px;margin-bottom:0px; text-indent:4%"> <font style="font-family:Times New Roman" size="2">Generally, holders of the limited partner interests in the Holding Partnerships may, four times each year, exchange their limited partnership interests (&#x201C;Partnership Units&#x201D;) for Blackstone common units, on a one-to-one basis, exchanging one Partnership Unit from each of the Holding Partnerships for one Blackstone common unit.</font></p> </div>
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WeightedAverageNumberOfDilutedSharesOutstanding
1194570331 shares
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EarningsPerShareDiluted
0.23
CY2016Q1 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1629702 shares
CY2016Q1 us-gaap Stock Repurchased During Period Shares
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0 shares
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-52381000
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NetIncomeLossAllocatedToGeneralPartners
119594000
CY2016Q1 us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
68696000
CY2016Q1 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
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11690000
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ComprehensiveIncomeNetOfTax
156488000
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9934000
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19142000
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23075000
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608906000
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OtherNonoperatingIncomeExpense
19142000
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-1502000
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-124519000
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333786000
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CY2016Q1 us-gaap Revenues
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-15479000
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-5843000
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19142000
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-17372000
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-159592000
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17612000
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37356000
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-27000
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-669185000
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22828000
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CY2016Q1 bx Repayment Of Loans Payable
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2200000000
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78985000
CY2016Q1 bx Non Cash Performance Fee Compensation
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106076000
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P3Y6M
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23208000
CY2016Q1 bx Realized Gains Losses Held By Consolidated Funds
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13382000
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14124000
CY2016Q1 bx Performance Fees Realized Incentive Fees
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28419000
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230909000
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-25241000
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-11859000
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59605000
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3000000
CY2016Q1 bx Non Cash Performance Fees
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15077000
CY2016Q1 bx Equity Based Awards Weighted Average Service Period
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P3Y8M12D
CY2016Q1 bx Number Of Company Founders Managing Partnership
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1 Person
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35684000
CY2016Q1 bx Foreign Currency Exchange Gain Loss
ForeignCurrencyExchangeGainLoss
-18631000
CY2016Q1 bx Interest From Loans To Affiliates
InterestFromLoansToAffiliates
200000
CY2016Q1 bx Provision For Cash Clawback
ProvisionForCashClawback
576800000
CY2016Q1 bx Interest And Dividend Revenue Attributable To Consolidated Funds
InterestAndDividendRevenueAttributableToConsolidatedFunds
31001000
CY2016Q1 bx Transfers From Level One To Level Two
TransfersFromLevelOneToLevelTwo
2114000
CY2016Q1 bx Proceeds From Loans Payable
ProceedsFromLoansPayable
158456000
CY2016Q1 bx Transfer Of Interests To Non Controlling Interest Holders
TransferOfInterestsToNonControllingInterestHolders
-5312000
CY2016Q1 bx Contingent Obligations Currently Anticipated To Expire End
ContingentObligationsCurrentlyAnticipatedToExpireEnd
2028
CY2016Q1 bx Increase Decrease In Cash Held By Funds And Other
IncreaseDecreaseInCashHeldByFundsAndOther
-51134000
CY2016Q1 bx Performance Fee Compensation Unrealized Incentive Fees
PerformanceFeeCompensationUnrealizedIncentiveFees
3448000
CY2016Q1 bx Net Settlement Of Vested Common Units And Repurchase Of Common And Partnership Units
NetSettlementOfVestedCommonUnitsAndRepurchaseOfCommonAndPartnershipUnits
13262000
CY2016Q1 bx Performance Fees Unrealized Incentive Fees
PerformanceFeesUnrealizedIncentiveFees
7579000
CY2016Q1 bx Loans And Bonds Contractual Payment Past Due Number Days
LoansAndBondsContractualPaymentPastDueNumberDays
P1D
CY2016Q1 bx Deferred Tax Asset Exchange Of Founders And Senior Managing Directors Interests In Partnership Holdings
DeferredTaxAssetExchangeOfFoundersAndSeniorManagingDirectorsInterestsInPartnershipHoldings
14427000
CY2016Q1 bx Change Of Parent Ownership Interest
ChangeOfParentOwnershipInterest
3618000
CY2016Q1 bx Net Realized Gains Losses On Investments Funds Related
NetRealizedGainsLossesOnInvestmentsFundsRelated
-253857000
CY2016Q1 bx Performance Fees Unrealized Carried Interest
PerformanceFeesUnrealizedCarriedInterest
47586000
CY2016Q1 bx Performance Fee Compensation Realized Carried Interest
PerformanceFeeCompensationRealizedCarriedInterest
58504000
CY2016Q1 bx Transaction Related Other Income Expense
TransactionRelatedOtherIncomeExpense
-5939000
CY2016Q1 bx Comprehensive Income Attributable To Non Controlling Interests In Partnerships
ComprehensiveIncomeAttributableToNonControllingInterestsInPartnerships
131202000
CY2016Q1 bx Realized Gains Losses On Other Investments
RealizedGainsLossesOnOtherInvestments
4733000
CY2016Q1 bx Cash Saving In Tax Receivable Agreements
CashSavingInTaxReceivableAgreements
0.85 pure
CY2016Q1 bx Investment Income Loss Realized
InvestmentIncomeLossRealized
-12001000
CY2016Q1 bx Deferred Restricted Common Units Weighted Average Service Period
DeferredRestrictedCommonUnitsWeightedAverageServicePeriod
P2Y
CY2016Q1 bx Comprehensive Income Attributable To Redeemable Non Controlling Interests In Consolidated Entities
ComprehensiveIncomeAttributableToRedeemableNonControllingInterestsInConsolidatedEntities
-6401000
CY2016Q1 bx Transfers From Level Two To Level One
TransfersFromLevelTwoToLevelOne
28346000
CY2016Q1 bx Ipo And Acquisition Related Charges
IpoAndAcquisitionRelatedCharges
64136000
CY2016Q1 bx Fund Distributions
FundDistributions
278066000
CY2016Q1 bx Fund Expenses Consolidated Funds
FundExpensesConsolidatedFunds
5229000
CY2016Q1 bx Limited Partnership To Common Stock Conversion Ratio
LimitedPartnershipToCommonStockConversionRatio
1.00 pure
CY2016Q1 bx Performance Fee Compensation Unrealized Carried Interest
PerformanceFeeCompensationUnrealizedCarriedInterest
30001000
CY2016Q1 bx Net Income Loss Attributable To Non Controlling Interests In Partnerships
NetIncomeLossAttributableToNonControllingInterestsInPartnerships
131202000
CY2016Q1 bx Increase Decrease In Securities Sold Not Yet Purchased
IncreaseDecreaseInSecuritiesSoldNotYetPurchased
76620000
CY2016Q1 bx Consolidation Adjustments And Reconciling Items For Economic Income To Income Before Provision For Taxes
ConsolidationAdjustmentsAndReconcilingItemsForEconomicIncomeToIncomeBeforeProvisionForTaxes
53659000
CY2016Q1 bx Fund Expenses Added In Consolidation
FundExpensesAddedInConsolidation
-5847000
CY2016Q1 bx Partnership Units Weighted Average Service Period
PartnershipUnitsWeightedAverageServicePeriod
P4Y4M24D
CY2016Q1 bx Comprehensive Income Loss Attributable To Non Controlling Interest In Consolidated Entities
ComprehensiveIncomeLossAttributableToNonControllingInterestInConsolidatedEntities
51243000
CY2016Q1 bx Non Cash Contributions From Non Controlling Interest Holders
NonCashContributionsFromNonControllingInterestHolders
967000
CY2016Q1 bx Partners Capital Account Period Increase Decrease Exchange Of Related Parties
PartnersCapitalAccountPeriodIncreaseDecreaseExchangeOfRelatedParties
-1145000
CY2016Q1 bx Due To Affiliates From Non Cash Financing Activities Exchange Of Related Parties
DueToAffiliatesFromNonCashFinancingActivitiesExchangeOfRelatedParties
15572000
CY2016Q1 bx Expected Future Payments Under Tax Receivable Agreements In Periods
ExpectedFuturePaymentsUnderTaxReceivableAgreementsInPeriods
P15Y
CY2016Q1 bx Economic Income Loss
EconomicIncomeLoss
387445000

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