Income Taxes	9 Months Ended
Sep. 30, 2015
Income Tax Disclosure [Abstract]
INCOME TAXES	INCOME TAXES In determining quarterly provisions for income taxes, we calculate income tax expense based on actual year-to-date income and statutory tax rates. The year-to-date income tax expense also reflects our assessment of potential exposure for uncertain tax positions. The fluctuations between periods in our income tax expense are mainly due to varying levels of income and amounts attributable to foreign sourced income and noncontrolling interests. During the nine months ended September 30, 2015, KW Group generated pretax book income of $63.2 million related to its global operations, and recorded a tax charge of $32.5 million. During the nine months ended September 30, 2014 KW Group generated pretax book income of $151.4 million related to its global operations, and recorded a tax charge of $40.8 million. The difference between the U.S. federal rate of 35% and the Company's effective rate is primarily attributable to non-deductible depreciation and acquisition-related expenses in the United Kingdom (which are primarily attributable to KWE) as well as a higher taxable gain on the disposition of the Company's Japanese multifamily portfolio. U.S. domestic taxes have not been provided for in the consolidated tax provision on amounts earned directly by our wholly-owned subsidiaries which perform property management services in Jersey, the United Kingdom, Spain and Ireland, since it is our plan to indefinitely reinvest amounts earned by such subsidiaries. If these subsidiaries' cumulative earnings were repatriated to the United States additional U.S. domestic taxes of $7.0 million attributable to Kennedy Wilson would be incurred. Additionally, approximately $359.9 million of KW Group's consolidated cash and cash equivalents held by consolidated subsidiaries is held by our subsidiaries in Jersey, the United Kingdom, Spain and Ireland.

Income Taxes

9 Months Ended

Sep. 30, 2015

In determining quarterly provisions for income taxes, we calculate income tax expense based on actual year-to-date income and statutory tax rates. The year-to-date income tax expense also reflects our assessment of potential exposure for uncertain tax positions.

The fluctuations between periods in our income tax expense are mainly due to varying levels of income and amounts attributable to foreign sourced income and noncontrolling interests. During the nine months ended September 30, 2015, KW Group generated pretax book income of $63.2 million related to its global operations, and recorded a tax charge of $32.5 million. During the nine months ended September 30, 2014 KW Group generated pretax book income of $151.4 million related to its global operations, and recorded a tax charge of $40.8 million. The difference between the U.S. federal rate of 35% and the Company's effective rate is primarily attributable to non-deductible depreciation and acquisition-related expenses in the United Kingdom (which are primarily attributable to KWE) as well as a higher taxable gain on the disposition of the Company's Japanese multifamily portfolio.

U.S. domestic taxes have not been provided for in the consolidated tax provision on amounts earned directly by our wholly-owned subsidiaries which perform property management services in Jersey, the United Kingdom, Spain and Ireland, since it is our plan to indefinitely reinvest amounts earned by such subsidiaries. If these subsidiaries' cumulative earnings were repatriated to the United States additional U.S. domestic taxes of $7.0 million attributable to Kennedy Wilson would be incurred. Additionally, approximately $359.9 million of KW Group's consolidated cash and cash equivalents held by consolidated subsidiaries is held by our subsidiaries in Jersey, the United Kingdom, Spain and Ireland.