Lease Arrangements

12 Months Ended

Dec. 31, 2011

KW Residential [Member]

Operating Leased Assets [Line Items]

Leases of Lessor Disclosure [Text Block]

-LEASE

The Company leases its headquarters and company residences under a cancelable operating contract with 180 days notice. Rent expense was $335,592 (unaudited), $300,092 and $285,222 for the years ended December 31, 2011, 2010 and 2009, respectively. Aggregated monthly lease costs for 2011 were $27,96

KW WDC/Carlsbad [Member]

Operating Leased Assets [Line Items]

Leases of Lessor Disclosure [Text Block]

LEASE ARRANGEMENTS

The following is a schedule of future minimum rents to be received under noncancelable operating leases for One Carlsbad as of December 31, 2011:

Year	Total
2012 (unaudited)	$	991,376
2013 (unaudited)	701,245
2014 (unaudited)	508,054
2015 (unaudited)	384,926
2016 (unaudited)	—
Thereafter (unaudited)	—
Total	$	2,585,601

Contractual rents are normally increased over the term of the lease. Depending on local market factors, increases may be structured as a fixed percentage increase for each year of the lease or as an increase based on the Consumer Price Index. Also, concessions in the form of free rent may sometimes be provided. Such determinable changes in contractual rents are recognized on a straight line basis over the life of the lease.

In addition to base rent, most tenants are assessed monthly for their proportionate share of estimated net increases in property operating costs and real property taxes. Such expense reimbursements are typically amounts in excess of the tenant's share of expenses attributable to a base year stipulated in the lease.

Leases related to the multifamily investments do not exceed twelve month