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EQUITY (Tables)
 12 Months Ended
Dec. 31, 2019
Equity [Abstract]  
Schedule of Dividends Declared and Paid
Kennedy Wilson declared and paid the following cash dividends on its common stock:
(Dollars in millions)
 
Year Ended December 31, 2019
 
Year Ended December 31, 2018
 
 
Declared
 
Paid
 
Declared
 
Paid
Common Stock(1)
 
$
121.1

 
$
114.9

 
$
113.7

 
$
111.2

(1) The difference between declared and paid is the amount accrued on the consolidated balance sheets.
The Company's dividends related to its common stock will be classified for U.S. federal income tax purposes as follows:
Record Date
Payment Date
Distributions Per Share
Ordinary Dividends
Return of Capital
12/28/2018
1/3/2019
$
0.2100

$
0.0221

$
0.1879

3/29/2019
4/4/2019
0.2100

0.0221

0.1879

6/28/2019
7/5/2019
0.2100

0.0221

0.1879

9/30/2019
10/3/2019
0.2100

0.0221

0.1879

 
Totals
$
0.8400

$
0.0884

$
0.7516
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in each component of accumulated other comprehensive income (loss) ("AOCI"), net of taxes:
(Dollars in millions)
 
Foreign Currency Translation
 
Foreign Currency Derivative Contracts
 
Interest Rate Swaps
 
Total Accumulated Other Comprehensive Income(1)
Balance at December 31, 2018
 
$
(94.1
)
 
$
11.0

 
$
—

 
$
(83.1
)
Unrealized (losses) gains, arising during the period
 
(12.9
)
 
35.6

 
(0.9
)
 
21.8

Taxes on unrealized (losses) gains, arising during the period
 
(0.4
)
 
3.1

 
0.2

 
2.9

Amounts reclassified out of AOCI during the period, gross
 
23.5

 
(12.9
)
 
—

 
10.6

Amounts reclassified out of AOCI during the period, taxes
 
(3.8
)
 
3.6

 
—

 
(0.2
)
Noncontrolling interest
 
(10.6
)
 
—

 
—

 
(10.6
)
Balance (of Kennedy Wilson's share) at December 31, 2019
 
$
(98.3
)
 
$
40.4

 
$
(0.7
)
 
$
(58.6
)

(1) As a result of the KWE Transaction the Company was required to record inception to date accumulated other comprehensive losses of $358.4 million associated with noncontrolling interest holders of KWE. This amount has been excluded from the beginning and ending balances of the table to give a more appropriate depiction of the Company's accumulated other comprehensive loss activity. If this amount is included, the accumulated other comprehensive loss would be $417.2 million and $441.5 million as of December 31, 2019 and 2018, respectively.