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Mortgage Debt (Tables)
 6 Months Ended
Jun. 30, 2023
Debt Disclosure [Abstract]  
Schedule of Mortgage Loans Payable The following table details mortgage debt secured by Kennedy Wilson's consolidated properties as of June 30, 2023 and December 31, 2022:
(Dollars in millions)
Carrying amount of
mortgage debt as of (1)
Mortgage Debt by Product TypeRegionJune 30, 2023December 31, 2022
Multifamily(1)
Western U.S.$1,659.4 $1,692.9 
Commercial(1)
United Kingdom558.0 637.4 
Commercial(1)
Ireland378.2 370.7 
Commercial Western U.S.268.7 296.6 
CommercialSpain37.5 36.9 
Mortgage debt (excluding loan fees)(1)
2,901.8 3,034.5 
Unamortized loan fees(14.8)(16.5)
Total Mortgage Debt$2,887.0 $3,018.0 
(1) The mortgage debt balances include unamortized debt premiums. Debt premiums represent the difference between the fair value of debt and the principal value of debt assumed in various acquisitions and are amortized as an increase of interest expense for discounts and a reduction of interest expense for premiums over the remaining term of the related debt in a manner that approximates the effective interest method. The unamortized loan premium as of June 30, 2023 and December 31, 2022 was $0.8 million and $0.6 million, respectively.
Schedule of Maturities of Mortgage Loans and Notes Payable The aggregate maturities of mortgage loans including amortization and the effects of any extension options as of June 30, 2023 are as follows:
(Dollars in millions)Aggregate Maturities
2023 (remainder)$143.7 
2024186.8 
2025303.5 
2026529.8 
2027382.6 
Thereafter1,356.2 
2,902.6 
Unamortized debt premium(0.8)
Unamortized loan fees(14.8)
Total Mortgage Debt$2,887.0