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KW UNSECURED DEBT (Tables)
 12 Months Ended
Dec. 31, 2019
Debt Disclosure [Abstract]  
Schedule of Debt KW Unsecured Debt

The following table details KW unsecured debt as of December 31, 2019 and 2018:
 
 
December 31,
(Dollars in millions)
 
2019
 
2018
Credit Facility
 
$
—

 
$
75.0

Senior Notes(1)
 
1,146.1

 
1,145.3

KW Unsecured Debt
 
1,146.1

 
1,220.3

Unamortized loan fees
 
(14.4
)
 
(18.3
)
Total KW Unsecured Debt
 
$
1,131.7

 
$
1,202.0

(1) The senior notes balances include unamortized debt discounts. Debt discounts represent the difference between the fair value of debt and the principal value of debt assumed in various acquisitions and are amortized into interest expense over the remaining term of the related debt in a manner that approximates the effective interest method. The unamortized debt discount as of December 31, 2019 and 2018 was $3.9 million and $4.7 million, respectively.


The following table details the KWE unsecured bonds as of December 31, 2019 and 2018:
 
 
December 31,
(Dollars in millions)
 
2019
 
2018
KWE Bonds
 
$
662.9

 
$
637.3

KWE Euro Medium Term Note Programme
 
614.7

 
627.4

KWE Unsecured Bonds (excluding loan fees)(1)
 
1,277.6

 
1,264.7

Unamortized loan fees
 
(3.4
)
 
(4.2
)
Total KWE Unsecured Bonds
 
$
1,274.2

 
$
1,260.5

(1) The KWE unsecured bonds balances include unamortized debt premiums (discounts). Debt premiums (discounts) represent the difference between the fair value of debt and the principal value of debt assumed in various acquisitions and are amortized into interest expense over the remaining term of the related debt in a manner that approximates the effective interest method. The net unamortized loan premium (discount) as of December 31, 2019 and 2018 was $(3.1) million and $(3.7) million, respectively.