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UNCONSOLIDATED INVESTMENTS (Tables)
12 Months Ended
Dec. 31, 2019
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Joint Ventures by Investment Type and Geographic Location
The following table details Kennedy Wilson's investments in joint ventures by investment type and geographic location as of December 31, 2019:
(Dollars in millions)
Multifamily
Commercial
Hotel
Funds
Residential and Other
Total
Western U.S.
$
230.5

$
78.1

$
72.8

$
139.6

$
246.8

$
767.8

Ireland
378.7

139.4




518.1

United Kingdom

48.7




48.7

Total
$
609.2

$
266.2

$
72.8

$
139.6

$
246.8

$
1,334.6

    
The following table details the Kennedy Wilson's investments in joint ventures by investment type and geographic location as of December 31, 2018:
(Dollars in millions)
Multifamily
Commercial
Hotel
Funds
Residential and Other
Total
Western U.S.
$
184.1

$
47.0

$
70.9

$
102.5

$
193.8

$
598.3

Ireland
216.5

35.2





251.7

United Kingdom

9.9





9.9

Total
$
400.6

$
92.1

$
70.9

$
102.5

$
193.8

$
859.9

Schedule of Cash Distributions by Investment Type and Geographic Location
The following table details cash distributions by investment type and geographic location for the year ended December 31, 2019:
 
Multifamily
Commercial
Funds
Residential and Other
Total
(Dollars in millions)
Operating
Investing
Operating
Investing
Operating
Investing
Operating
Investing
Operating
Investing
Western U.S.
$
50.6

$
91.5

$
3.4

$
1.0

$
11.2

$
13.6

$
1.4

$
5.1

$
66.6

$
111.2

Ireland
6.4


1.1

3.8





7.5

3.8

Total
$
57.0

$
91.5

$
4.5

$
4.8

$
11.2

$
13.6

$
1.4

$
5.1

$
74.1

$
115.0


Schedule of Income (Loss) from Unconsolidated Investments
The following table presents income from unconsolidated investments recognized by Kennedy Wilson during the years ended December 31, 2019, 2018 and 2017:
 
 
Year Ended December 31,
(Dollars in millions)
 
2019
 
2018
 
2017
Income from unconsolidated investments - operating performance
 
$
35.5

 
$
18.8

 
$
16.4

Income from unconsolidated investments - realized gains
 
53.5

 
22.1

 
14.0

Income from unconsolidated investments - fair value
 
64.7

 
10.4

 
38.6

Income from unconsolidated investments - performance fees
 
36.3

 
27.4

 
8.8

Income from unconsolidated investments - impairment
 
(10.3
)
 

 

 
 
$
179.7

 
$
78.7

 
$
77.8


Schedule of Interest Income and Foreign Currency Gain (Loss) Recognized in Loan Pool Participations
The following table presents income from unconsolidated investments recognized by Kennedy Wilson during the years ended December 31, 2019, 2018 and 2017:
 
 
Year Ended December 31,
(Dollars in millions)
 
2019
 
2018
 
2017
Income from unconsolidated investments - operating performance
 
$
35.5

 
$
18.8

 
$
16.4

Income from unconsolidated investments - realized gains
 
53.5

 
22.1

 
14.0

Income from unconsolidated investments - fair value
 
64.7

 
10.4

 
38.6

Income from unconsolidated investments - performance fees
 
36.3

 
27.4

 
8.8

Income from unconsolidated investments - impairment
 
(10.3
)
 

 

 
 
$
179.7

 
$
78.7

 
$
77.8