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: 2016 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2016 10-K (Filed: Feb 24, 2017) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2016 | Dec 31, 2015 | Dec 31, 2014 | |
| Revenues | |||
| Management and Advisory Fees, Net | $ 2,442,975 | 2,542,505 | 2,497,252 |
| Performance Fees | |||
| Performance Fees Realized - Carried Interest | 1,474,830 | 3,205,290 | 2,450,082 |
| Performance Fees Realized - Incentive Fees | 170,537 | 193,238 | 249,005 |
| Performance Fees Unrealized - Carried Interest | 481,304 | (1,595,174) | 1,704,924 |
| Performance Fees Unrealized - Incentive Fees | 49,660 | (6,688) | (29,749) |
| Total Performance Fees | 2,176,331 | 1,796,666 | 4,374,262 |
| Investment Income (Loss) | |||
| Realized | 278,737 | 555,171 | 523,735 |
| Unrealized | 77,314 | (350,529) | 10,265 |
| Total Investment Income (Loss) | 356,051 | 204,642 | 534,000 |
| Interest and Dividend Revenue | 95,724 | 94,957 | 69,809 |
| Other | 54,753 | 7,782 | 9,405 |
| Total Revenues | 5,125,834 | 4,646,552 | 7,484,728 |
| Expenses | |||
| Compensation and Benefits Compensation | 1,335,408 | 1,726,191 | 1,868,868 |
| Performance Fee Compensation | |||
| Performance Fee Compensation - Realized Carried Interest | 455,954 | 793,801 | 815,643 |
| Performance Fee Compensation - Realized Incentive Fees | 78,096 | 85,945 | 110,099 |
| Performance Fee Compensation - Unrealized Carried Interest | 312,838 | (312,696) | 379,037 |
| Performance Fee Compensation - Unrealized Incentive Fees | 21,134 | (2,490) | (19,276) |
| Total Compensation and Benefits | 2,203,430 | 2,290,751 | 3,154,371 |
| General, Administrative and Other | 520,309 | 576,103 | 549,463 |
| Interest Expense | 152,654 | 144,522 | 121,524 |
| Fund Expenses | 52,181 | 79,499 | 30,498 |
| Total Expenses | 2,928,574 | 3,090,875 | 3,855,856 |
| Other Income | |||
| Reversal of Tax Receivable Agreement Liability | 82,707 | ||
| Net Gains from Fund Investment Activities | 184,750 | 176,364 | 357,854 |
| Total Other Income | 184,750 | 259,071 | 357,854 |
| Income Before Provision for Taxes | 2,382,010 | 1,814,748 | 3,986,726 |
| Provision for Taxes | 132,362 | 190,398 | 291,173 |
| Net Income | 2,249,648 | 1,624,350 | 3,695,553 |
| Net Income Attributable to Redeemable Non-Controlling Interests in Consolidated Entities | 3,977 | 11,145 | 74,794 |
| Net Income Attributable to Non-Controlling Interests in Consolidated Entities | 246,152 | 219,900 | 335,070 |
| Net Income Attributable to Non-Controlling Interests in Blackstone Holdings | 960,284 | 683,516 | 1,701,100 |
| Net Income Attributable to The Blackstone Group L.P. | 1,039,235 | 709,789 | 1,584,589 |
| Net Income Per Common Unit | |||
| Common Units, Basic | 1.60 | 1.12 | 2.60 |
| Common Units, Diluted | 1.56 | 1.04 | 2.58 |
| Weighted-Average Common Units Outstanding | |||
| Common Units, Basic | 649,475,264 | 634,337,179 | 608,803,111 |
| Common Units, Diluted | 1,195,114,590 | 1,188,085,411 | 613,176,405 |
| Revenues Earned from Affiliates | |||
| Management and Advisory Fees, Net | 185,769 | 210,672 | 327,134 |
| External Links | |
| BLACKSTONE INC. (BX) Fiscal Year 2016 | |
| 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 |