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Loans (Tables)
 3 Months Ended
Mar. 31, 2014
Receivables [Abstract]  
Schedule of Loans
The following table summarizes Kennedy Wilson's investment in loans at March 31, 2014 and December 31, 2013:
 
 
March 31,
 
December 31,
(Dollars in millions)
 
2014
 
2013
Loans
 
$
198.1

 
$
52.7

Loans — related parties
 
4.1

 
4.1

Total loans(1)
 
$
202.2

 
$
56.8

                          
(1) Loans have a weighted average stated interest rate of 3.31% and 6.18% at March 31, 2014 and December 31, 2013, respectively, and maturity dates ranging from May 2014 to February 2017. Effective interest rates are higher as certain note receivables were acquired at a discount.