10-K.Info (Beta Test)
Courtesy of Short Sands, LLC
10-K.Info (Beta Test)
Courtesy of Short Sands, LLC

BLACKSTONE INC.

Ticker: BX   Fiscal Year: 2011

Consolidated Statements Of Operations

Period Ending Dec 31, 2011 10-K (Filed: Feb 28, 2012)

(In Thousands, except shares in actual)
 12 Months Ended12 Months Ended12 Months Ended
 Dec 31, 2011Dec 31, 2010Dec 31, 2009
Revenues
Management and Advisory Fees
$
1,811,750
1,584,7481,482,226
Performance Fees
Realized229,006366,72170,492
Unrealized953,654571,113150,598
Total Performance Fees1,182,660937,834221,090
 
Investment Income (Loss)
Realized87,54229,15744,320
Unrealized125,781532,004(3,716)
Total Investment Income (Loss)213,323561,16140,604
 
Interest and Dividend Revenue37,42736,21822,680
Other7,416(619)7,099
Total Revenues3,252,5763,119,3421,773,699
 
Expenses
Compensation2,421,7123,253,2263,778,686
Performance Fee Compensation
Performance Fee Compensation Realized99,527128,31625,102
Performance Fee Compensation Unrealized217,186228,647(26,182)
Total Compensation and Benefits2,738,4253,610,1893,777,606
 
General, Administrative and Other566,313466,358443,573
Interest Expense57,82441,22913,384
Fund Expenses25,50726,2147,296
Total Expenses3,388,0694,143,9904,241,859
 
Other Income
Reversal of Tax Receivable Agreement Liability197,816
Net Gains from Fund Investment Activities14,935501,994176,694
Total Other Income212,751501,994176,694
 
Income (Loss) Before Provision (Benefit) for Taxes77,258(522,654)(2,291,466)
 
Provision for Taxes345,71184,66999,230
Net Loss(268,453)(607,323)(2,390,696)
 
Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities(32,526)84,837131,097
Net Income (Loss) Attributable to Non-Controlling Interests in Consolidated Entities15,610346,312(14,328)
Net Loss Attributable to Non-Controlling Interests in Blackstone Holdings(83,234)(668,444)(1,792,174)
Net Loss Attributable to The Blackstone Group L.P.(168,303)(370,028)(715,291)
Net Loss Per Common Unit
Common Units, Basic and Diluted(0.35)(1.02)
Common Units Entitled to Priority Distributions, Basic and Diluted(2.46)
Common Units Not Entitled to Priority Distributions, Basic and Diluted(3.71)
Weighted-Average Common Units Outstanding
Common Units, Basic and Diluted475,582,718364,021,369
Common Units Entitled to Priority Distributions, Basic and Diluted285,163,954
Common Units Not Entitled to Priority Distributions, Basic and Diluted3,826,233
Revenues Earned from Affiliates
Management and Advisory Fees317,675189,006134,284
External Links 
BLACKSTONE INC. (BX) Fiscal Year 2011
Statements of 10-K in Excel https://www.sec.gov/.../Financial.xlxs
Complete 10-K in HTML https://www.sec.gov/.../10-K.html
Complete 10-K in XBRL https://www.sec.gov/.../10-K-xbrl.zip