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Equity (Tables)
 3 Months Ended
Mar. 31, 2020
Equity [Abstract]  
Schedule of Dividends Declared and Paid
Kennedy Wilson declared and paid the following cash distributions on its common stock:
 
 
Three Months Ended March 31, 2020
 
Three Months Ended March 31, 2019
(Dollars in millions)
 
Declared
 
Paid
 
Declared
 
Paid
Preferred Stock
 
$
4.3

 
$
3.3

 
$
—

 
$
—

Common Stock(1)
 
31.6

 
31.6

 
30.3

 
30.3


(1) The difference between declared and paid is the amount accrued on the consolidated balance sheets.
Schedule of Accumulated Other Comprehensive Income (Loss)
The following table summarizes the changes in each component of accumulated other comprehensive loss, net of taxes:
(Dollars in millions)
 
Foreign Currency Translation(1)
 
Currency Derivative Contracts
 
Interest Rate Swaps
 
Total Accumulated Other Comprehensive Loss(1)
Balance at December 31, 2019
 
$
(456.8
)
 
$
40.3

 
$
(0.7
)
 
$
(417.2
)
Unrealized (losses) gains, arising during the period
 
(18.0
)
 
28.8

 
(7.4
)
 
3.4

Amounts reclassified out of AOCI during the period, gross
 
0.2

 
—

 
—

 
0.2

Noncontrolling interests
 
1.5

 
—

 
—

 
1.5

Deferred taxes on unrealized gains (losses), arising during the period
 
1.3

 
(15.8
)
 
1.8

 
(12.7
)
Balance at March 31, 2020
 
$
(471.8
)
 
$
53.3

 
$
(6.3
)
 
$
(424.8
)

(1) Includes $358.4 million of inception to date accumulated other comprehensive losses associated with noncontrolling interest holders of KWE that the Company was required to record as part of the KWE Transaction