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Real Estate and In-Place Lease Value (Tables)
6 Months Ended
Jun. 30, 2023
Real Estate [Abstract]  
Schedule of Investment in Consolidated Real Estate Properties The following table summarizes Kennedy Wilson's investment in consolidated real estate properties at June 30, 2023 and December 31, 2022:
 June 30,December 31,
(Dollars in millions)20232022
Land$1,309.5 $1,319.2 
Buildings3,802.5 3,961.9 
Building improvements502.0 494.2 
In-place lease values295.5 295.0 
5,909.5 6,070.3 
Less accumulated depreciation and amortization(927.5)(882.2)
Real estate and acquired in place lease values, net of accumulated depreciation and amortization$4,982.0 $5,188.1 
Lessor, Operating Lease, Payments to be Received, Maturity The following table summarizes the minimum lease payments due from the Company's customers on leases with lease periods greater than one year at June 30, 2023:
(Dollars in millions)Minimum
Rental Revenues(1)
2023 (remainder)$124.8 
2024136.1 
2025122.8 
2026103.7 
202782.3 
Thereafter265.6 
Total$835.3 
(1) These amounts do not reflect future rental revenues from the renewal or replacement of existing leases, rental increases that are not fixed and exclude reimbursements of rental expenses.