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Unconsolidated Investments (Tables)
9 Months Ended
Sep. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Investments in Unconsolidated Joint Ventures
KW Group has unconsolidated investments through real estate related joint ventures and loan pool participations. The following table details its investments in joint ventures and loan pool participations as of September 30, 2015 and December 31, 2014:
 
 
September 30,
 
December 31,
(Dollars in millions)
 
2015
 
2014
Investments in joint ventures
 
$
498.3

 
$
435.8

Investments in loan pool participations
 
1.3

 
56.4

Total
 
$
499.6

 
$
492.2

Schedule of Joint Ventures by Location and Investment Type
The following table details our investments in joint ventures by investment type and geographic location as of September 30, 2015:
(Dollars in millions)
Multifamily
Commercial
Loan
Residential
Other
Total
Western U.S.
$
169.4

$
60.5

$
12.5

$
182.6

$
12.3

$
437.3

Japan
6.2





6.2

United Kingdom

25.4




25.4

Spain




29.4

29.4

Total
$
175.6

$
85.9

$
12.5

$
182.6

$
41.7

$
498.3

The following table details our investments in joint ventures by investment type and geographic location as of December 31, 2014:
(Dollars in millions)
Multifamily
Commercial
Loan
Residential
Other
Total
Western U.S.
$
134.5

$
110.3

$
50.3

$
71.0

$
9.3

$
375.4

United Kingdom

31.5




31.5

Spain




28.9

28.9

Total
$
134.5

$
141.8

$
50.3

$
71.0

$
38.2

$
435.8

Schedule of Joint Venture Cash Distributions by Investment Type and Geographic Location
The following table details cash distributions by investment type and geographic location for the nine months ended September 30, 2015:
 
Multifamily
Commercial
Loan Pools
Residential and Other
Total
(Dollars in millions)
Operating
Investing
Operating
Investing
Operating
Investing
Operating
Investing
Operating
Investing
Western U.S.
$
22.7

$
5.2

$
10.0

$
32.0


$
2.3

$
7.5

$
3.0

$
40.2

$
42.5

Japan
0.1








0.1


United Kingdom


1.2

1.8

6.4

41.5



7.6

43.3

Ireland




1.8

6.2



1.8

6.2

Spain






1.1


1.1


Total
$
22.8

$
5.2

$
11.2

$
33.8

$
8.2

$
50.0

$
8.6

$
3.0

$
50.8

$
92.0

Schedule of Interest Income and Foreign Currency Gain (Loss) Recognized in Loan Pool Participations
The following table presents the income from unconsolidated investments for loan pools and foreign currency gain and (loss) recognized by KW Group during the three and nine months ended September 30, 2015 and 2014 for the loan pools that were outstanding:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Dollars in millions)
2015
 
2014
 
2015
 
2014
Income from unconsolidated investments - loan pools
$
(1.8
)
 
$
2.3

 
$
4.3

 
$
7.0

Foreign currency translation loss(1)
(0.7
)
 
(2.9
)
 
(1.0
)
 
(2.5
)
Total
$
(2.5
)
 
$
(0.6
)
 
$
3.3

 
$
4.5


(1) Excludes impact of currency derivative contracts. These amounts are recognized through the Statement of Comprehensive Income (Loss).