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: 2019 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2019 10-K (Filed: Feb 28, 2020) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2019 | Dec 31, 2018 | Dec 31, 2017 | |
| Revenues | |||
| Investment Income | |||
| Performance Allocations | |||
| Realized | $ 1,739,000 | 1,876,507 | 3,571,811 |
| Unrealized | 1,126,332 | 561,373 | (105,473) |
| Principal Investments | |||
| Realized | 393,478 | 415,862 | 635,769 |
| Unrealized | 215,003 | 49,917 | 42,605 |
| Total Investment Income | 3,473,813 | 2,903,659 | 4,144,712 |
| Interest and Dividend Revenue | 182,398 | 171,947 | 139,696 |
| Other | 79,993 | 672,317 | (133,229) |
| Total Revenues | 7,338,270 | 6,833,259 | 7,145,015 |
| Expenses | |||
| Compensation and Benefits Compensation | 1,820,330 | 1,609,957 | 1,442,485 |
| Incentive Fee Compensation | 44,300 | 33,916 | 105,279 |
| Performance Allocations Compensation | |||
| Realized | 662,942 | 711,076 | 1,281,965 |
| Unrealized | 540,285 | 319,742 | 103,794 |
| Total Compensation and Benefits | 3,067,857 | 2,674,691 | 2,933,523 |
| General, Administrative and Other | 679,408 | 594,873 | 488,582 |
| Interest Expense | 199,648 | 163,990 | 197,486 |
| Fund Expenses | 17,738 | 78,486 | 132,787 |
| Total Expenses | 3,964,651 | 3,512,040 | 3,752,378 |
| Other Income | |||
| Change in Tax Receivable Agreement Liability | 161,567 | 403,855 | |
| Net Gains from Fund Investment Activities | 282,829 | 191,722 | 321,597 |
| Total Other Income | 444,396 | 191,722 | 725,452 |
| Income Before Provision (Benefit) for Taxes | 3,818,015 | 3,512,941 | 4,118,089 |
| Provision (Benefit) for Taxes | (47,952) | 249,390 | 743,147 |
| Net Income | 3,865,967 | 3,263,551 | 3,374,942 |
| Net Income (Loss) Attributable to Redeemable Non-Controlling Interests in Consolidated Entities | (121) | (2,104) | 13,806 |
| Net Income Attributable to Non-Controlling Interests in Consolidated Entities | 476,779 | 358,878 | 497,439 |
| Net Income Attributable to Non-Controlling Interests in Blackstone Holdings | 1,339,627 | 1,364,989 | 1,392,323 |
| Net Income Attributable to The Blackstone Group Inc. | 2,049,682 | 1,541,788 | 1,471,374 |
| Net Income Per Share of Class A Common Stock | |||
| Basic | 3.03 | 2.27 | 2.21 |
| Diluted | 3.03 | 2.26 | 2.21 |
| Weighted-Average Shares of Class A Common Stock Outstanding | |||
| Basic | 675,900,466 | 678,850,245 | 665,453,198 |
| Diluted | 676,167,851 | 1,206,962,846 | 666,246,846 |
| Product and Service | |||
| Management and Advisory Fees, Net | |||
| Revenues | 3,472,155 | 3,027,796 | 2,751,322 |
| Incentive Fees | |||
| Revenues | 129,911 | 57,540 | 242,514 |
| External Links | |
| BLACKSTONE INC. (BX) Fiscal Year 2019 | |
| 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 |