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UNAUDITED QUARTERLY INFORMATION
 12 Months Ended
Dec. 31, 2013
Quarterly Financial Information Disclosure [Abstract]  
UNAUDITED QUARTERLY INFORMATION
UNAUDITED QUARTERLY INFORMATION
 
(Dollars in millions, except earnings per share amounts)
 
 
 
 
 
 
 
 
Year Ended December 31, 2013
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Revenues
 
$
22.4

 
$
36.0

 
$
33.2

 
$
29.6

Operating expenses
 
27.6

 
40.1

 
37.3

 
44.0

Equity in joint venture income
 
(0.3
)
 
11.9

 
9.4

 
8.8

Interest income from loan pool participations and
     notes receivable
 
2.9

 
3.3

 
4.0

 
3.3

Operating income (loss)
 
(2.6
)
 
11.1

 
9.3

 
(2.3
)
Non-operating (expenses) income
 
(1.9
)
 
(12.9
)
 
(11.3
)
 
27.2

Income (loss) before provision for income taxes
 
(4.5
)
 
(1.8
)
 
(2.0
)
 
24.9

Benefit from (provision for) income taxes
 
1.7

 
0.5

 
(0.8
)
 
(4.3
)
Income (loss) from continuing operations
 
(2.8
)
 
(1.3
)
 
(2.8
)
 
20.6

Income from discontinued operations, net of income taxes
 
—

 
—

 
(0.3
)
 
—

Gain from sale of real estate
 
0.2

 
—

 
0.4

 
—

Net income (loss)
 
(2.6
)
 
(1.3
)
 
(2.7
)
 
20.6

Net (income) loss attributable to noncontrolling interests
 
1.0

 
0.9

 
0.7

 
(22.9
)
Net (loss) income attributable to Kennedy-Wilson
     Holdings, Inc. shareholders
 
(1.6
)
 
(0.4
)
 
(2.0
)
 
(2.3
)
Preferred stock dividends and accretion of issuance costs
 
(2.0
)
 
(2.1
)
 
(2.1
)
 
(2.0
)
Net (loss) income attributable to Kennedy-Wilson
     Holdings, Inc. common shareholders
 
$
(3.6
)
 
$
(2.5
)
 
$
(4.1
)
 
$
(4.3
)
Basic (loss) earnings per share
 
$
(0.06
)
 
$
(0.03
)
 
$
(0.06
)
 
$
(0.05
)
Diluted (loss) earnings per share
 
(0.06
)
 
(0.03
)
 
(0.06
)
 
(0.05
)
 (Dollars in millions, except earnings per share amounts)
 
 
 
 
 
 
 
 
Year ended December 31, 2012
 
First
Quarter
 
Second
Quarter
 
Third
Quarter
 
Fourth
Quarter
Revenues
 
$
11.8

 
$
14.1

 
$
15.2

 
$
23.0

Operating expenses
 
15.4

 
18.4

 
20.8

 
36.9

Equity in joint venture income
 
5.5

 
5.1

 
1.8

 
9.1

Interest income from loan pool participations and
     notes receivable
 
0.5

 
2.9

 
3.7

 
2.1

Operating income (loss)
 
2.4

 
3.7

 
(0.1
)
 
(2.7
)
Non-operating (expenses) income
 
(2.2
)
 
(5.8
)
 
(6.5
)
 
17.9

Income (loss) before provision for income taxes
 
0.2

 
(2.1
)
 
(6.6
)
 
15.2

Benefit from income taxes
 
1.5

 
1.1

 
2.5

 
(4.9
)
Income (loss) from continuing operations
 
1.7

 
(1.0
)
 
(4.1
)
 
10.3

Income from discontinued operations, net of income taxes
 
—

 
—

 
—

 
—

Loss from sale of real estate
 
(0.2
)
 
—

 
—

 
—

Net income (loss
 
1.5

 
(1.0
)
 
(4.1
)
 
10.3

Net (income) loss attributable to noncontrolling interests
 
(2.8
)
 
(0.1
)
 
(0.1
)
 
0.5

Net (loss) income attributable to Kennedy-Wilson
     Holdings, Inc. common shareholders
 
(1.3
)
 
(1.1
)
 
(4.2
)
 
10.8

Preferred stock dividends and accretion of issuance costs
 
(2.0
)
 
(2.1
)
 
(2.0
)
 
(2.0
)
Net (loss) income attributable to Kennedy-Wilson
     Holdings, Inc. common shareholders
 
$
(3.3
)
 
$
(3.2
)
 
$
(6.2
)
 
$
8.8

Basic (loss) earnings per share
 
$
(0.07
)
 
$
(0.06
)
 
$
(0.11
)
 
$
0.15

Diluted (loss) earnings per share
 
(0.07
)
 
(0.06
)
 
(0.11
)
 
0.15