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: 2020 | |||
Consolidated Statements of Operations | |||
Period Ending Dec 31, 2020 10-K (Filed: Feb 26, 2021) | |||
| (In Thousands, except shares in actual) | |||
| 12 Months Ended | 12 Months Ended | 12 Months Ended | |
| Dec 31, 2020 | Dec 31, 2019 | Dec 31, 2018 | |
| Revenues | |||
| Investment Income | |||
| Performance Allocations | |||
| Realized | $ 2,106,000 | 1,739,000 | 1,876,507 |
| Unrealized | (384,393) | 1,126,332 | 561,373 |
| Principal Investments | |||
| Realized | 391,628 | 393,478 | 415,862 |
| Unrealized | (114,607) | 215,003 | 49,917 |
| Total Investment Income | 1,998,628 | 3,473,813 | 2,903,659 |
| Interest and Dividend Revenue | 125,231 | 182,398 | 171,947 |
| Other | (253,142) | 79,993 | 672,317 |
| Total Revenues | 6,101,927 | 7,338,270 | 6,833,259 |
| Expenses | |||
| Compensation and Benefits Compensation | 1,855,619 | 1,820,330 | 1,609,957 |
| Incentive Fee Compensation | 44,425 | 44,300 | 33,916 |
| Performance Allocations Compensation | |||
| Realized | 843,230 | 662,942 | 711,076 |
| Unrealized | (154,516) | 540,285 | 319,742 |
| Total Compensation and Benefits | 2,588,758 | 3,067,857 | 2,674,691 |
| General, Administrative and Other | 711,782 | 679,408 | 594,873 |
| Interest Expense | 166,162 | 199,648 | 163,990 |
| Fund Expenses | 12,864 | 17,738 | 78,486 |
| Total Expenses | 3,479,566 | 3,964,651 | 3,512,040 |
| Other Income (Loss) | |||
| Change in Tax Receivable Agreement Liability | (35,383) | 161,567 | |
| Net Gains from Fund Investment Activities | 30,542 | 282,829 | 191,722 |
| Total Other Income (Loss) | (4,841) | 444,396 | 191,722 |
| Income Before Provision (Benefit) for Taxes | 2,617,520 | 3,818,015 | 3,512,941 |
| Provision (Benefit) for Taxes | 356,014 | (47,952) | 249,390 |
| Net Income (Loss) | 2,261,506 | 3,865,967 | 3,263,551 |
| Net Loss Attributable to Redeemable Non-Controlling Interests in Consolidated Entities | (13,898) | (121) | (2,104) |
| Net Income Attributable to Non-Controlling Interests in Consolidated Entities | 217,117 | 476,779 | 358,878 |
| Net Income Attributable to Non-Controlling Interests in Blackstone Holdings | 1,012,924 | 1,339,627 | 1,364,989 |
| Net Income Attributable to The Blackstone Group Inc. | 1,045,363 | 2,049,682 | 1,541,788 |
| Net Income Per Share of Class A Common Stock | |||
| Basic | 1.50 | 3.03 | 2.27 |
| Diluted | 1.50 | 3.03 | 2.26 |
| Weighted-Average Shares of Class A Common Stock Outstanding | |||
| Basic | 696,933,548 | 675,900,466 | 678,850,245 |
| Diluted | 697,258,296 | 676,167,851 | 1,206,962,846 |
| Product and Service | |||
| Management and Advisory Fees, Net | |||
| Revenues | 4,092,549 | 3,472,155 | 3,027,796 |
| Incentive Fees | |||
| Revenues | 138,661 | 129,911 | 57,540 |
| External Links | |
| BLACKSTONE INC. (BX) Fiscal Year 2020 | |
| 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 |