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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Revenue        
Total revenue $ 114.2 $ 143.0 $ 344.4 $ 427.4
Expenses        
General and administrative 8.6 8.4 26.1 30.2
Depreciation and amortization 44.3 46.4 135.1 141.7
Total expenses 116.3 147.9 361.9 444.8
Income from unconsolidated investments 14.9 84.0 45.0 131.6
Gain on sale of real estate, net 4.0 6.3 47.7 252.4
Transaction-related expenses (0.1) (4.0) (0.6) (5.9)
Interest expense (50.8) (51.8) (151.3) (162.8)
Other income (loss) 1.6 0.0 1.7 (0.6)
(Loss) income before benefit from (provision for) income taxes (32.5) 29.6 (75.0) 197.3
Benefit from (provision for) income taxes 12.8 (10.2) 10.3 (35.1)
Net (loss) income (19.7) 19.4 (64.7) 162.2
Net (income) loss attributable to the noncontrolling interests (1.1) 1.3 0.5 (96.0)
Preferred dividends and accretion of preferred stock issuance costs (4.3) 0.0 (12.9) 0.0
Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders $ (25.1) $ 20.7 $ (77.1) $ 66.2
Basic (loss) income per share        
(Loss) income per share (in dollars per share) $ (0.18) $ 0.15 $ (0.55) $ 0.47
Weighted average shares outstanding (in shares) 140,119,442 139,947,518 140,181,438 139,669,971
Diluted (loss) income per share        
Loss (income) per share (in dollars per share) $ (0.18) $ 0.15 $ (0.55) $ 0.47
Weighted average shares outstanding (in shares) 140,119,442 140,538,139 140,181,438 141,445,947
Dividends declared per common share (in dollars per share) $ 0.22 $ 0.21 $ 0.66 $ 0.63
Rental [Member]        
Revenue        
Total revenue $ 102.2 $ 108.3 $ 308.8 $ 336.1
Expenses        
Cost of goods and services 33.5 39.0 102.2 113.3
Hotel [Member]        
Revenue        
Total revenue 3.1 25.1 10.4 62.9
Expenses        
Cost of goods and services 2.7 17.3 10.9 47.6
Sale of Real Estate [Member]        
Revenue        
Total revenue 0.0 0.0 0.0 1.1
Expenses        
Cost of goods and services 0.0 0.0 0.0 1.2
Investment Management and Property Services Fees [Member]        
Revenue        
Total revenue 8.9 9.6 25.2 27.3
Commission and Marketing [Member]        
Expenses        
Cost of goods and services 0.9 1.2 2.5 2.9
Compensation and Related [Member]        
Expenses        
Cost of goods and services $ 26.3 $ 35.6 $ 85.1 $ 107.9