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Guarantor and Non-Guarantor Financial Statements (Tables)
6 Months Ended
Jun. 30, 2023
Guarantor and Nonguarantor Financial Statements [Abstract]  
Condensed Consolidating Balance Sheet
ParentKennedy-Wilson, Inc.
Guarantor Subsidiaries
Non-guarantor SubsidiariesEliminationConsolidated Total
Assets
Cash and cash equivalents$— $175.6 $82.6 $128.8 $— $387.0 
Accounts receivable — 0.5 20.4 19.1 — 40.0 
Real estate and acquired in place lease values, net of accumulated depreciation and amortization— — 1,466.1 3,515.9 — 4,982.0 
Unconsolidated investments— 14.5 693.2 1,613.2 — 2,320.9 
Investments in and advances to consolidated subsidiaries2,197.8 4,247.3 2,803.5 — (9,248.6)— 
Loan purchases and originations— 4.7 207.4 32.0 — 244.1 
Other assets— 78.2 50.4 91.3 — 219.9 
Total assets$2,197.8 $4,520.8 $5,323.6 $5,400.3 $(9,248.6)$8,193.9 
Liabilities and equity
Liabilities
Accounts payable$— $0.3 $2.0 $13.9 $— $16.2 
Accrued expenses and other liabilities43.4 391.4 81.1 126.5 — 642.4 
Mortgage debt— — 993.2 1,893.8 — 2,887.0 
KW unsecured debt— 1,931.3 — — — 1,931.3 
KWE unsecured bonds— — — 516.4 — 516.4 
Total liabilities43.4 2,323.0 1,076.3 2,550.6 — 5,993.3 
Equity
Kennedy-Wilson Holdings, Inc. shareholders' equity2,154.4 2,197.8 4,247.3 2,803.5 (9,248.6)2,154.4 
Noncontrolling interests— — — 46.2 — 46.2 
Total equity2,154.4 2,197.8 4,247.3 2,849.7 (9,248.6)2,200.6 
Total liabilities and equity$2,197.8 $4,520.8 $5,323.6 $5,400.3 $(9,248.6)$8,193.9 
ParentKennedy-Wilson, Inc.
Guarantor Subsidiaries
Non-guarantor SubsidiariesEliminationConsolidated Total
Assets
Cash and cash equivalents$— $91.5 $59.6 $288.2 $— $439.3 
Accounts receivable— 0.1 18.2 22.5 — 40.8 
Real estate and acquired in place lease values, net of accumulated depreciation and amortization— — 1,656.8 3,531.3 — 5,188.1 
Unconsolidated investments— 15.9 698.6 1,523.6 — 2,238.1 
Investments in and advances to consolidated subsidiaries2,009.0 4,289.3 2,850.0 — (9,148.3)— 
Loan purchases and originations— 5.8 111.6 32.0 — 149.4 
Other assets— 85.7 50.5 79.9 — 216.1 
Total assets$2,009.0 $4,488.3 $5,445.3 $5,477.5 $(9,148.3)$8,271.8 
Liabilities
Accounts payable$— $0.5 $4.0 $11.7 $— 16.2 
Accrued expense and other liabilities45.0 416.2 76.5 120.5 — 658.2 
Mortgage debt— — 1,075.5 1,942.5 — 3,018.0 
KW unsecured debt— 2,062.6 — — — 2,062.6 
KWE unsecured bonds— — 506.4 — 506.4 
Total liabilities45.0 2,479.3 1,156.0 2,581.1 — 6,261.4 
Equity
Kennedy-Wilson Holdings, Inc. shareholders' equity1,964.0 2,009.0 4,289.3 2,850.0 (9,148.3)1,964.0 
Noncontrolling interests— — — 46.4 — 46.4 
Total equity1,964.0 2,009.0 4,289.3 2,896.4 (9,148.3)2,010.4 
Total liabilities and equity$2,009.0 $4,488.3 $5,445.3 $5,477.5 $(9,148.3)$8,271.8 
Consolidating Statement of Operations
ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated Total
Total revenue$— $— $63.7 $82.8 $— $146.5 
Total (loss) income from unconsolidated subsidiaries— (0.1)(19.1)17.8 — (1.4)
Gain (loss) on sale of real estate, net— — 94.5 (5.5)— 89.0 
Total expenses7.3 25.0 42.2 58.6 — 133.1 
Income from consolidated subsidiaries54.5 97.4 15.0 — (166.9)— 
Interest expense— (24.9)(12.6)(28.5)— (66.0)
Loss on early extinguishment of debt— — (1.5)(0.2)— (1.7)
Other income (loss)0.1 11.3 (0.2)13.1 — 24.3 
Income before provision for income taxes  47.3 58.7 97.6 20.9 (166.9)57.6 
Provision for income taxes— (4.2)(0.2)(5.9)— (10.3)
Net income47.3 54.5 97.4 15.0 (166.9)47.3 
Net loss attributable to the noncontrolling interests— — — 0.1 — 0.1 
Preferred dividends(8.4)— — — — (8.4)
Net income attributable to Kennedy-Wilson Holdings, Inc. common shareholders     $38.9 $54.5 $97.4 $15.1 $(166.9)$39.0 
ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated Total
Total revenue$— $0.1 $120.1 $158.5 $— $278.7 
Total (loss) income from unconsolidated subsidiaries— (0.1)(46.0)50.4 — 4.3 
Gain on sale of real estate, net— — 98.2 10.0 — 108.2 
Total expenses14.9 42.0 86.2 114.5 — 257.6 
Income from consolidated subsidiaries33.3 114.7 52.5 — (200.5)— 
Interest expense— (50.1)(23.4)(54.8)— (128.3)
(Loss) gain on early extinguishment of debt— — (2.0)0.4 — (1.6)
Other income0.2 9.2 0.7 11.2 — 21.3 
Income before benefit from (provision for) income taxes  18.6 31.8 113.9 61.2 (200.5)25.0 
Benefit from (provision for) income taxes— 1.5 0.8 (8.7)— (6.4)
Net income 18.6 33.3 114.7 52.5 (200.5)18.6 
Net income attributable to the noncontrolling interests— — — (4.1)— (4.1)
Preferred dividends(16.3)— — — — (16.3)
Net income attributable to Kennedy-Wilson Holdings, Inc. common shareholders     $2.3 $33.3 $114.7 $48.4 $(200.5)$(1.8)
ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated Total
Total revenue$— $0.1 $55.7 $80.3 $— $136.1 
Total income from unconsolidated investments— (1.3)5.5 26.5 — 30.7 
Gain on sale of real estate, net— — 11.4 0.5 — 11.9 
Total expenses7.4 21.9 45.3 53.9 — 128.5 
Income from consolidated subsidiaries6.4 42.9 31.4 — (80.7)— 
Interest expense— (22.3)(10.4)(20.5)— (53.2)
Loss on early extinguishment of debt— — (1.1)— — (1.1)
Other income (loss)— 0.9 (0.4)3.1 — 3.6 
(Loss) income before benefit from (provision for) income taxes  (1.0)(1.6)46.8 36.0 (80.7)(0.5)
Benefit from (provision for) income taxes— 8.1 (3.9)(4.6)— (0.4)
Net (loss) income(1.0)6.5 42.9 31.4 (80.7)(0.9)
Net income attributable to the noncontrolling interests— — — (0.3)— (0.3)
Preferred dividends(7.8)— — — — (7.8)
Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders   $(8.8)$6.5 $42.9 $31.1 $(80.7)$(9.0)
ParentKennedy-Wilson, Inc.Guarantor SubsidiariesNon-guarantor SubsidiariesEliminationConsolidated Total
Total revenue$— $0.1 $109.5 $151.2 $— $260.8 
Total income from unconsolidated investments— 0.7 14.0 121.4 — 136.1 
Gain on sale of real estate, net— — 11.4 2.4 — 13.8 
Total expenses14.5 44.4 98.1 110.6 — 267.6 
Income from consolidated subsidiaries53.5 135.7 127.4 — (316.6)— 
Interest expense— (44.0)(20.1)(39.6)— (103.7)
Loss on early extinguishment of debt— — (1.1)— — (1.1)
Other income (loss)— 3.7 (0.7)6.4 — 9.4 
Income before benefit from (provision for) income taxes  39.0 51.8 142.3 131.2 (316.6)47.7 
Benefit from (provision for) income taxes— 1.8 (6.6)(3.8)— (8.6)
Net income39.0 53.6 135.7 127.4 (316.6)39.1 
Net income attributable to the noncontrolling interests— — — (0.2)— (0.2)
Preferred dividends(13.1)— — — — (13.1)
Net income attributable to Kennedy-Wilson Holdings, Inc. common shareholders   $25.9 $53.6 $135.7 $127.2 $(316.6)$25.8