10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||||||||||||
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10-K.Info (Beta Test) Courtesy of Short Sands, LLC | |||
BLACKSTONE INC. | |||
Ticker: BX Fiscal Year: 2015 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2015 10-K (Filed: Feb 26, 2016) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2015 | Dec 31, 2014 | Dec 31, 2013 | |
| Revenues | |||
| Management and Advisory Fees, Net | $ 2,542,505 | 2,497,252 | 2,193,985 |
| Performance Fees | |||
| Performance Fees Realized - Carried Interest | 3,205,290 | 2,450,082 | 943,958 |
| Performance Fees Realized - Incentive Fees | 193,238 | 249,005 | 464,838 |
| Performance Fees Unrealized - Carried Interest | (1,595,174) | 1,704,924 | 2,158,010 |
| Performance Fees Unrealized - Incentive Fees | (6,688) | (29,749) | (22,749) |
| Total Performance Fees | 1,796,666 | 4,374,262 | 3,544,057 |
| Investment Income (Loss) | |||
| Realized | 555,171 | 523,735 | 188,644 |
| Unrealized | (350,529) | 10,265 | 611,664 |
| Total Investment Income | 204,642 | 534,000 | 800,308 |
| Interest and Dividend Revenue | 94,957 | 69,809 | 64,511 |
| Other | 7,782 | 9,405 | 10,307 |
| Total Revenues | 4,646,552 | 7,484,728 | 6,613,168 |
| Expenses | |||
| Compensation and Benefits Compensation | 1,726,191 | 1,868,868 | 1,844,485 |
| Performance Fee Compensation | |||
| Performance Fee Compensation - Realized Carried Interest | 793,801 | 815,643 | 257,201 |
| Performance Fee Compensation - Realized Incentive Fees | 85,945 | 110,099 | 200,915 |
| Performance Fee Compensation - Unrealized Carried Interest | (312,696) | 379,037 | 966,717 |
| Performance Fee Compensation - Unrealized Incentive Fees | (2,490) | (19,276) | (11,651) |
| Total Compensation and Benefits | 2,290,751 | 3,154,371 | 3,257,667 |
| General, Administrative and Other | 576,103 | 549,463 | 474,442 |
| Interest Expense | 144,522 | 121,524 | 107,973 |
| Fund Expenses | 79,499 | 30,498 | 26,658 |
| Total Expenses | 3,090,875 | 3,855,856 | 3,866,740 |
| Other Income | |||
| Reversal of Tax Receivable Agreement Liability | 82,707 | 20,469 | |
| Net Gains from Fund Investment Activities | 176,364 | 357,854 | 381,664 |
| Total Other Income | 259,071 | 357,854 | 402,133 |
| Income Before Provision for Taxes | 1,814,748 | 3,986,726 | 3,148,561 |
| Provision for Taxes | 190,398 | 291,173 | 255,642 |
| Net Income | 1,624,350 | 3,695,553 | 2,892,919 |
| Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities | 11,145 | 74,794 | 183,315 |
| Net Income Attributable to Non-Controlling Interests in Consolidated Entities | 219,900 | 335,070 | 198,557 |
| Net Income Attributable to Non-Controlling Interests in Blackstone Holdings | 683,516 | 1,701,100 | 1,339,845 |
| Net Income Attributable to The Blackstone Group L.P. | 709,789 | 1,584,589 | 1,171,202 |
| Net Income Per Common Unit | |||
| Common Units, Basic | 1.12 | 2.60 | 2.00 |
| Common Units, Diluted | 1.04 | 2.58 | 1.98 |
| Weighted-Average Common Units Outstanding | |||
| Common Units, Basic | 634,337,179 | 608,803,111 | 587,018,828 |
| Common Units, Diluted | 1,188,085,411 | 613,176,405 | 590,546,640 |
| Revenues Earned from Affiliates | |||
| Management and Advisory Fees, Net | 210,672 | 327,134 | 253,877 |
| External Links | |
| BLACKSTONE INC. (BX) Fiscal Year 2015 | |
| 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 |