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Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2023
Dec. 31, 2022
Assets    
Cash and cash equivalents $ 387.0 $ 439.3
Accounts receivable, net (including $15.4 and $13.9 of related party) 40.0 40.8
Real estate and acquired in place lease values (net of accumulated depreciation and amortization of $927.5 and $882.2) 4,982.0 5,188.1
Unconsolidated investments (including $2,174.7 and $2,093.7 at fair value) 2,320.9 2,238.1
Other assets, net 219.9 216.1
Loan purchases and originations 244.1 149.4
Total assets [1] 8,193.9 8,271.8
Liabilities    
Accounts payable 16.2 16.2
Accrued expenses and other liabilities 642.4 658.2
Total liabilities [1] 5,993.3 6,261.4
Equity    
Preferred stock 790.5 592.5
Common stock, $0.0001 par value per share, 200,000,000 authorized, 139,390,837 and 137,790,768 shares issued and outstanding as of June 30, 2023 and December 31, 2022 0.0 0.0
Additional paid-in capital 1,710.5 1,679.5
Retained earnings 53.4 122.1
Accumulated other comprehensive loss (400.0) (430.1)
Total Kennedy-Wilson Holdings, Inc. shareholders' equity 2,154.4 1,964.0
Noncontrolling interests 46.2 46.4
Total equity 2,200.6 2,010.4
Total liabilities and equity 8,193.9 8,271.8
Mortgage debt    
Liabilities    
Long-term debt 2,887.0 3,018.0
KW unsecured debt    
Liabilities    
Long-term debt 1,931.3 2,062.6
KWE unsecured bonds    
Liabilities    
Long-term debt $ 516.4 $ 506.4
[1] The assets and liabilities as of June 30, 2023 include $157.4 million (including cash held by consolidated investments of $4.7 million and real estate and acquired in place lease values, net of accumulated depreciation and amortization of $123.3 million) and $77.0 million (including investment debt of $53.8 million), respectively, from consolidated variable interest entities ("VIEs"). The assets and liabilities as of December 31, 2022 include $169.8 million (including cash held by consolidated investments of $6.1 million and real estate and acquired in place lease values, net of accumulated depreciation and amortization of $137.8 million) and $82.4 million (including investment debt of $51.2 million), respectively, from VIEs. These assets can only be used to settle obligations of the consolidated VIEs, and the liabilities do not have recourse to the Company.