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UNAUDITED QUARTERLY INFORMATION
 12 Months Ended
Dec. 31, 2019
Quarterly Financial Information Disclosure [Abstract]  
UNAUDITED QUARTERLY INFORMATION UNAUDITED QUARTERLY INFORMATION
(Dollars in millions, except earnings per share amounts)
 
 
 
 
 
 
 
 
Year ended December 31, 2019
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Revenues
 
$
142.3

 
$
143.0

 
$
143.7

 
$
140.7

Expenses
 
155.0

 
147.9

 
143.8

 
153.1

Other income (expenses)(1)
 
177.9

 
34.5

 
162.2

 
18.0

Income (loss) before provision for income taxes
 
165.2

 
29.6

 
162.1

 
5.6

Benefit from (provision for) income taxes
 
(6.3
)
 
(10.2
)
 
(20.9
)
 
(4.0
)
Net income (loss)
 
158.9

 
19.4

 
141.2

 
1.6

Net income attributable to noncontrolling interests
 
1.6

 
1.3

 
(90.4
)
 
(6.9
)
Preferred dividends and accretion of preferred stock issuance costs
 
$
(2.6
)
 
$
—

 
$
—

 
$
—

Net income (loss) attributable to Kennedy-Wilson
     Holdings, Inc. common shareholders
 
$
157.9

 
$
20.7

 
$
50.8

 
$
(5.3
)
Basic earnings (loss) per share
 
$
1.13

 
$
0.15

 
$
0.36

 
$
(0.04
)
Diluted earnings (loss) per share
 
$
1.12

 
$
0.15

 
$
0.36

 
$
(0.04
)
(1) The fourth quarter of 2019 includes $112.4 million of gain on sale of real estate, net relating to two assets that the Company sold a 20% interest and are now deconsolidated and treated as unconsolidated investments.
(Dollars in millions, except earnings per share amounts)
 
 
 
 
 
 
 
 
Year ended December 31, 2018
 
Fourth
Quarter
 
Third
Quarter
 
Second
Quarter
 
First
Quarter
Revenues
 
$
178.7

 
$
185.8

 
$
218.3

 
$
190.7

Expenses
 
187.8

 
177.2

 
212.5

 
188.9

Other income (expenses)
 
66.3

 
11.2

 
190.9

 
(5.4
)
Income (loss) before provision for income taxes
 
57.2

 
19.8

 
196.7

 
(3.6
)
Benefit from (provision for) income taxes
 
(24.3
)
 
(6.9
)
 
(29.4
)
 
2.6

Net income
 
32.9

 
12.9

 
167.3

 
(1.0
)
Net income attributable to noncontrolling interests
 
(2.2
)
 
(0.8
)
 
(57.7
)
 
(1.4
)
Net income (loss) attributable to Kennedy-Wilson
     Holdings, Inc. common shareholders
 
$
30.7

 
$
12.1

 
$
109.6

 
$
(2.4
)
Basic earnings (loss) per share
 
$
0.21

 
$
0.09

 
$
0.77

 
$
(0.02
)
Diluted earnings (loss) per share
 
$
0.21

 
$
0.09

 
$
0.77

 
$
(0.02
)