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SEGMENT INFORMATION (Tables)
 12 Months Ended
Dec. 31, 2019
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
The following tables summarize the income and expense activity by segment for the years ended December 31, 2019, 2018 and 2017 and total assets as of December 31, 2019 and 2018.

 
 
Year Ended December 31, 2019
 
 
 
 
 
 
 
 
(Dollars in millions)
 
Investments
 
Investment Management and Real Estate Services
 
Corporate
 
Total
Revenue
 
 
 
 
 
 
 
 
Rental
 
$
447.4

 
$
—

 
$
—

 
$
447.4

Hotel
 
80.5

 
—

 
—

 
80.5

Sale of real estate
 
1.1

 
—

 
—

 
1.1

Investment management, property services and research fees
 
—

 
40.7

 
—

 
40.7

Total revenue
 
529.0

 
40.7

 
—

 
569.7

Expenses
 
 
 
 
 
 
 
 
Rental
 
152.9

 
—

 
—

 
152.9

Hotel
 
60.1

 
—

 
—

 
60.1

Cost of real estate sold
 
1.2

 
—

 
—

 
1.2

Commission and marketing
 
—

 
3.8

 
—

 
3.8

Compensation and related
 
72.2

 
22.9

 
56.7

 
151.8

General and administrative
 
27.6

 
7.8

 
7.0

 
42.4

Depreciation and amortization
 
187.6

 
—

 
—

 
187.6

Total expenses
 
501.6

 
34.5

 
63.7

 
599.8

Income from unconsolidated investments, net of depreciation and amortization  
 
143.4

 
36.3

 
—

 
179.7

Gain on sale of real estate, net
 
434.4

 
—

 
—

 
434.4

Acquisition-related expenses
 
(6.8
)
 
—

 
—

 
(6.8
)
Interest expense
 
(145.6
)
 
—

 
(69.5
)
 
(215.1
)
Other income
 
2.8

 
—

 
(2.4
)
 
0.4

Provision for income taxes
 
(14.5
)
 
—

 
(26.9
)
 
(41.4
)
Net income (loss)
 
441.1

 
42.5

 
(162.5
)
 
321.1

Net income attributable to noncontrolling interests
 
(94.4
)
 
—

 
—

 
(94.4
)
Preferred dividends and accretion of preferred stock issuance costs
 
—

 
—

 
(2.6
)
 
(2.6
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
 
$
346.7

 
$
42.5

 
$
(165.1
)
 
$
224.1


 
 
Year Ended December 31, 2018
 
 
 
 
 
 
 
 
(Dollars in millions)
 
Investments
 
Investment Management and Real Estate Services
 
Corporate
 
Total
Revenue
 
 
 
 
 
 
 
 
Rental
 
$
514.6

 
$
—

 
$
—

 
$
514.6

Hotel
 
155.7

 
—

 
—

 
155.7

Sale of real estate
 
56.8

 
—

 
—

 
56.8

Investment management, property services and research fees
 
—

 
45.3

 
—

 
45.3

Total revenue
 
727.1

 
45.3

 
—

 
772.4

Expenses
 
 
 
 
 
 
 
 
Rental
 
160.8

 
—

 
—

 
160.8

Hotel
 
121.5

 
—

 
—

 
121.5

Cost of real estate sold
 
52.5

 
—

 
—

 
52.5

Commission and marketing
 
—

 
5.9

 
—

 
5.9

Compensation and related
 
73.5

 
33.5

 
61.8

 
168.8

General and administrative
 
31.6

 
12.1

 
7.1

 
50.8

Depreciation and amortization
 
205.8

 
0.3

 
—

 
206.1

Total expenses
 
645.7

 
51.8

 
68.9

 
766.4

Income from unconsolidated investments, net of depreciation and amortization  
 
51.3

 
27.4

 
—

 
78.7

Gain on sale of real estate, net
 
371.8

 
—

 
—

 
371.8

Gain on sale of business
 
—

 
40.4

 
—

 
40.4

Acquisition-related expenses
 
(1.7
)
 
—

 
—

 
(1.7
)
Interest expense
 
(161.0
)
 
—

 
(77.2
)
 
(238.2
)
Other income
 
1.8

 
—

 
11.3

 
13.1

(Provision for) benefit from income taxes
 
(14.0
)
 
—

 
(44.0
)
 
(58.0
)
Net income (loss)
 
329.6

 
61.3

 
(178.8
)
 
212.1

Net income attributable to noncontrolling interests
 
(62.1
)
 
—

 
—

 
(62.1
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
 
$
267.5

 
$
61.3

 
$
(178.8
)
 
$
150.0


 
 
Year Ended December 31, 2017
 
 
 
 
 
 
 
 
(Dollars in millions)
 
Investments
 
Investment Management and Real Estate Services
 
Corporate
 
Total
Revenue
 
 
 
 
 
 
 
 
Rental
 
$
504.7

 
$
—

 
$
—

 
$
504.7

Hotel
 
127.5

 
—

 
—

 
127.5

Sale of real estate
 
111.5

 
—

 
—

 
111.5

Investment management, property services and research fees
 
—

 
42.9

 
—

 
42.9

Loan purchases, loan originations and other
 
15.2

 
—

 
—

 
15.2

Total revenue
 
758.9

 
42.9

 
—

 
801.8

Expenses
 
 
 
 
 
 
 
 
Rental
 
151.2

 
—

 
—

 
151.2

Hotel
 
100.3

 
—

 
—

 
100.3

Cost of real estate sold
 
80.2

 
—

 
—

 
80.2

Commission and marketing
 
—

 
7.2

 
—

 
7.2

Compensation and related
 
76.7

 
35.2

 
65.3

 
177.2

General and administrative
 
26.0

 
11.3

 
4.9

 
42.2

Depreciation and amortization
 
212.2

 
0.3

 
—

 
212.5

Total expenses
 
646.6

 
54.0

 
70.2

 
770.8

Income from unconsolidated investments, net of depreciation and amortization  
 
66.4

 
11.4

 
—

 
77.8

Gain on sale of real estate, net
 
226.7

 
—

 
—

 
226.7

Acquisition-related expenses
 
(4.4
)
 
—

 
—

 
(4.4
)
Interest expense
 
(145.6
)
 
—

 
(72.1
)
 
(217.7
)
Other (expense) income
 
(5.1
)
 
—

 
13.4

 
8.3

Benefit from (provision for) income taxes
 
(4.8
)
 
—

 
21.1

 
16.3

Net income (loss)
 
245.5

 
0.3

 
(107.8
)
 
138.0

Net income attributable to noncontrolling interests
 
(37.5
)
 
—

 
—

 
(37.5
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
 
$
208.0

 
$
0.3

 
$
(107.8
)
 
$
100.5

 
December 31,
(Dollars in millions)
2019
 
2018
Assets
 
 
 
Investments
$
6,945.1

 
$
7,155.0

Services
61.1

 
64.3

Corporate
298.3

 
162.5

Total assets
$
7,304.5

 
$
7,381.8

 
 
December 31,
(Dollars in millions)
 
2019
 
2018
 
2017
Expenditures for long lived assets
 
 
 
 
 
 
Investments
 
$
(210.9
)
 
$
(355.8
)
 
$
(567.6
)
Schedule of Revenue, by Geographical Areas
The revenue shown in the table below is allocated based upon the region in which services are performed.
 
 
Year Ended December 31,
(Dollars in millions)
 
2019
 
2018
 
2017
United States
 
$
275.7

 
$
327.7

 
$
307.6

Europe
 
294.0

 
444.7

 
493.2

Japan
 
—

 
—

 
1.0

Total revenue
 
$
569.7

 
$
772.4

 
$
801.8