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Consolidated Statements of Operations (Unaudited) (USD $)
In Millions, except Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 30, 2014
Jun. 30, 2013
Mar. 31, 2013
Jun. 30, 2014
Jun. 30, 2013
Revenue          
Investment management, property services and research fees (includes $33.3, $13.8, $40.6, and $22.2 of related party fees) $ 39.0 $ 19.5 $ 19.5 $ 52.1 $ 33.1
Rental and hotel 42.6 10.3 10.3 67.8 16.8
Sale of real estate 6.1 6.1 6.1 17.4 8.5
Loans and other 4.3 0.5 0.5 6.0 0.9
Total revenue 92.0 36.4 36.4 143.3 59.3
Operating expenses          
Commission and marketing 0.9 1.3 1.3 1.8 1.8
Rental and hotel operating 17.9 4.6 4.6 32.1 7.7
Cost of real estate sold 3.9 5.1 5.1 13.5 7.0
Compensation and related 32.2 18.3 18.3 52.8 31.9
General and administrative 8.4 6.4 6.4 16.5 11.8
Depreciation and amortization 25.3 4.4 4.4 32.6 7.5
Total operating expenses 88.6 40.1 40.1 149.3 67.7
Income from unconsolidated investments 31.0 14.8 14.8 33.8 16.9
Operating income 34.4 11.1 11.1 27.8 8.5
Non-operating income (expense)          
Acquisition-related gains 86.0 0 (0.5) 170.3 9.5
Acquisition-related expenses (7.6) (0.5)   (11.6) (0.5)
Interest expense-investment (11.1) (2.8) (2.8) (16.4) (4.6)
Interest expense-corporate (14.7) (9.7) (9.7) (25.2) (19.4)
Other income 2.1 0.1 0.1 2.9 0.4
Income (loss) before (provision for) benefit from income taxes 89.1 (1.8) (1.8) 147.8 (6.1)
(Provision for) benefit from income taxes (25.4) 0.5 0.5 (34.2) 2.2
Net income (loss) 63.7 (1.3)   113.6 (3.9)
Net (income) loss attributable to the noncontrolling interests (25.3) 0.9 0.9 (62.7) 1.9
Preferred dividends and accretion of preferred stock issuance costs (2.1) (2.1) (2.1) (4.1) (4.1)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders $ 36.3 $ (2.5) $ (2.5) $ 46.8 $ (6.1)
Basic earnings per share          
Income (loss) per basic (in dollars per share) $ 0.39 $ (0.03)   $ 0.51 $ (0.09)
Weighted average shares outstanding for basic (in shares) 89,140,498 70,976,247   88,645,002 66,432,823
Diluted earnings per share          
Income (loss) per diluted (in dollars per share) $ 0.38 $ (0.03)   $ 0.50 $ (0.09)
Weighted average shares outstanding for diluted (in shares) 102,115,350 [1] 70,976,247 [1]   101,435,250 [1] 66,432,823 [1]
Dividends declared per common share (in dollars per 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.