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Consolidated Statements of Operations - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2023
Jun. 30, 2022
Jun. 30, 2023
Jun. 30, 2022
Revenue        
Total revenue $ 146.5 $ 136.1 $ 278.7 $ 260.8
Income (loss) from unconsolidated investments        
Principal co-investments 6.3 39.4 22.7 117.6
Performance allocations (7.7) (8.7) (18.4) 18.5
Total (loss) income from unconsolidated investments (1.4) 30.7 4.3 136.1
Gain on sale of real estate, net 89.0 11.9 108.2 13.8
Expenses        
Performance allocation compensation (1.1) (2.0) 0.5 9.8
General and administrative 8.7 9.4 17.1 17.3
Depreciation and amortization 40.1 43.3 79.5 86.6
Total expenses 133.1 128.5 257.6 267.6
Interest expense (66.0) (53.2) (128.3) (103.7)
Loss on early extinguishment of debt (1.7) (1.1) (1.6) (1.1)
Other income 24.3 3.6 21.3 9.4
Income (loss) before provision for income taxes 57.6 (0.5) 25.0 47.7
Provision for income taxes (10.3) (0.4) (6.4) (8.6)
Net income (loss) 47.3 (0.9) 18.6 39.1
Net loss (income) attributable to the noncontrolling interests 0.1 (0.3) (4.1) (0.2)
Preferred dividends (8.4) (7.8) (16.3) (13.1)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders $ 39.0 $ (9.0) $ (1.8) $ 25.8
Basic earnings (loss) per share        
(Loss) income per share (in dollars per share) $ 0.28 $ (0.07) $ (0.01) $ 0.19
Weighted average shares outstanding (in shares) 139,389,170 136,840,417 138,674,109 136,828,876
Diluted earnings (loss) per share        
Loss (income) per share (in dollars per share) $ 0.28 $ (0.07) $ (0.01) $ 0.19
Weighted average shares outstanding (in shares) 139,545,944 136,840,417 138,674,109 137,115,950
Dividends declared per common share (in dollars per share) $ 0.24 $ 0.24 $ 0.48 $ 0.48
Rental        
Revenue        
Total revenue $ 106.6 $ 109.3 $ 213.2 $ 213.5
Expenses        
Cost of goods and services 38.7 36.4 75.3 72.1
Hotel        
Revenue        
Total revenue 15.5 12.7 26.1 19.2
Expenses        
Cost of goods and services 9.7 7.6 17.6 11.9
Investment management fees        
Revenue        
Total revenue 19.1 11.0 30.1 22.3
Loan        
Revenue        
Total revenue 4.7 2.7 8.4 5.0
Other Revenue        
Revenue        
Total revenue 0.6 0.4 0.9 0.8
Compensation and related        
Expenses        
Cost of goods and services $ 37.0 $ 33.8 $ 67.6 $ 69.9