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Earnings Per Share Earnings Per Share (Tables)
 6 Months Ended
Jun. 30, 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 and six months ended June 30, 2014 and 2013:
 
Three Months Ended June 30,
 
Six Months Ended June 30,
(Dollars in millions, except share and per share amounts)
2014
 
2013
 
2014
 
2013
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
$
36.3

 
$
(2.5
)
 
$
46.8

 
$
(6.1
)
Net income allocated to participating securities
(1.2
)
 
(0.2
)
 
(1.8
)
 
(0.5
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
35.1

 
(2.7
)
 
45.0

 
(6.6
)
Dividends declared on common shares
(8.0
)
 
(5.0
)
 
(16.0
)
 
(9.8
)
Undistributed earnings attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
$
27.1

 
$
(7.7
)
 
$
29.0

 
$
(16.4
)
 
 
 
 
 
 
 
 
Distributed earnings per share
$
0.09

 
$
0.07

 
$
0.18

 
$
0.14

Undistributed earnings (losses) per share
0.30

 
(0.10
)
 
0.33

 
(0.23
)
Income (loss) per basic
0.39

 
(0.03
)
 
0.51

 
(0.09
)
 
 
 
 
 
 
 
 
Income (loss) per diluted
$
0.38

 
$
(0.03
)
 
$
0.50

 
$
(0.09
)
 
 
 
 
 
 
 
 
Weighted average shares outstanding for basic
89,140,498

 
70,976,247

 
88,645,002

 
66,432,823

Weighted average shares outstanding for diluted(1)
102,115,350

 
70,976,247

 
101,435,250

 
66,432,823

Dividends declared per common share
$
0.09

 
$
0.07

 
$
0.18

 
$
0.14

                           
(1) For the three and six months ended June 30, 2013, a total of 19,507,357 and 19,775,968 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.