Schedule IV - Mortgage Loans on Real Estate Schedule IV - Mortgage Loans on Real Estate

12 Months Ended

Dec. 31, 2013

Mortgage Loans on Real Estate [Abstract]

Schedule IV - Mortgage Loans on Real Estate

Schedule IV—Mortgage Loans on Real Estate

December 31, 2013

(Dollars in millions)

Description	Region	Interest Rate	Final Maturity Date	Balloon Amount		Face Amount of Mortgages		Carrying Amount December 31, 2013		Principal Amount of Loans Subject to Delinquent Principal or Interest
Commercial
Commercial building	Western U.S.	LIBOR + 2.00%	2017	$	25.4	$	29.0	$	29.0	$	—
Commercial building	Western U.S.	LIBOR + 3.50%	2014	7.0		7.0		7.0		—
Retail	Western U.S.	Prime + 1.00%	2016	0.6		0.6		0.6		—
Industrial/Land	Western U.S.	Prime + 1.00%	2016	2.1		2.1		2.1		—
Commercial building	Western U.S.	6.75%	2016	12.0		12.0		12.0		—
Commercial building	Western U.S.	LIBOR + 2.00%	2016	18.5		18.7		18.7		—
Retail	Western U.S.	4.79%	2018	3.6		4.0		3.9		—
Retail	Western U.S.	5.00%	2015	2.9		3.9		3.0		—
Retail	Western U.S.	Prime + 0.50%	2015	4.5		4.9		4.8		—
Retail	Western U.S.	4.10%	2020	10.6		12.4		12.3		—
Retail	Western U.S.	5.75%	2023	6.1		8.1		8.0		—
Retail	Western U.S.	5.00%	2023	6.0		7.3		7.3		—
Commercial building	Japan	1.77%	2016	2.4		2.4		2.4		—
Multifamily
178-unit Apartment building	Western U.S.	Adjustable rate + 2.07%	2022	19.5		23.5		23.5		—
217-unit Multifamily property	Western U.S.	3.35%	2023	21.0		26.0		26.0		—
366-unit Apartment building	Western U.S.	4.71%	2020	22.7		26.3		27.4		—
366-unit Apartment building	Western U.S.	5.43%	2020	4.6		5.3		5.7		—
204-unit Apartment building	Western U.S.	4.19%	2018	13.0		14.4		14.3		—
615-unit multifamily property	Western U.S.	4.31%	2020	60.3		70.8		71.9		—
615-unit multifamily property	Western U.S.	4.64%	2020	16.8		19.3		20.2		—
450-unit multifamily property	Western U.S.	3.58%	2023	41.1		49.7		49.7		—
297 - unit multifamily property	Western U.S.	4.93%	2026	19.0		22.4		22.4		—
Residential
Condominium units	Western U.S.	5.00%	2014	28.0		28.0		28.0		—
Land
18 acres	Western U.S.	Prime + 1.00%	2016	1.6		1.6		1.6		—
				$	349.3	$	399.7	$	401.8	$	—

Kennedy-Wilson Holdings, Inc. and Subsidiaries

Schedule IV—Mortgage Loans on Real Estate (continued)

December 31, 2013

(Dollars in millions)

Activity for the year ended December 31, 2013 is as follows:

Balance - December 31, 2012	$	230.7
New mortgage loans	112.5
Other additions	141.6
Amortization of mortgage premium	(0.7		)
Payments of principal	(1.7		)
Foreclosures	—
Loan loss reserve	—
Other deductions	(80.6		)
Balance - December 31, 2013	$	401.8

See accompanying report of independent registered public accounting firm.