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Earnings Per Share Earnings Per Share (Tables)
3 Months Ended
Mar. 31, 2014
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the elements used in calculating basic and diluted income (loss) per share for the three months ended March 31, 2014 and 2013:
 
Three Months Ended March 31,
(Dollars in millions, except share and per share amounts)
2014
 
2013
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
$
10.5

 
$
(3.6
)
Allocation to participating securities:
 
 
 
Net income allocated to participating securities

 

Dividends declared on participating securities
(0.2
)
 
(0.3
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
10.3

 
(3.9
)
Dividends declared on common shares
(8.0
)
 
(4.8
)
Undistributed earnings attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
$
2.3

 
$
(8.7
)
 
 
 
 
Distributed earnings per share
$
0.09

 
$
0.07

Undistributed earnings per share
0.03

 
(0.13
)
Income (loss) per basic
0.12

 
(0.06
)
 
 
 
 
Income (loss) per diluted
$
0.12

 
$
(0.06
)
 
 
 
 
Weighted average shares outstanding for basic
88,142,576

 
61,853,258

Weighted average shares outstanding for diluted(1)
89,422,885

 
61,853,258

Dividends declared per common share
$
0.09

 
$
0.07

(1) For the three and three months ended March 31, 2014 and 2013, a total of 11,100,074 and 20,042,192 potentially dilutive securities have not been included in the diluted weighted average shares as they are anti-dilutive. Potentially anti-dilutive securities include preferred stock, warrants, and unvested restricted stock grants.