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Consolidated Statements Of Cash Flows (USD $)
9 Months Ended 12 Months Ended
Sep. 30, 2011
Sep. 30, 2010
Dec. 31, 2010
Dec. 31, 2009
Dec. 31, 2008
Cash flows from operating activities:          
Net (loss) income $ (2,286,000) $ 3,538,000 $ 6,485,000 $ (9,657,000) $ 667,000
Adjustments to reconcile net (loss) income to net cash used in operating activities:          
Gain from sale of real estate (20,000) (1,223,000) (1,223,000) (16,520,000)  
Gain from sale of real estate--related party     (723,000) (946,000)  
Gain on extinguishment of debt   (16,670,000) (16,670,000)    
Loss on extinguishment of debt   4,788,000 4,788,000    
Remeasurement gain (6,348,000) (2,108,000) (2,108,000)    
Note receivable and accrued interest forgiven in Merger       4,281,000  
Depreciation and amortization 1,828,000 1,197,000 1,618,000 1,122,000 920,000
Provision for deferred income taxes (2,200,000) 6,752,000 6,158,000 4,497,000 3,372,000
Amortization of deferred loan costs 549,000 190,000 262,000 917,000 658,000
Amortization of beneficial conversion of convertible subordinated debt   168,000 168,000 285,000  
Amortization of discount and accretion of premium on issuance of the senior notes payable 28,000        
Equity in joint venture income (7,229,000) (5,162,000) (10,548,000) (8,019,000) (10,097,000)
Accretion of interest income on loan pool participations and notes receivable (5,762,000) (6,353,000) (11,855,000)    
Amortization of deferred compensation       1,543,000 1,015,000
Stock based compensation 3,761,000 5,976,000 8,094,000 2,314,000  
2009 Equity Participation Plan replacement payment       (1,500,000)  
Other than temporary impairment on available-for-sale security, net of tax       194,000  
Change in assets and liabilities:          
Accounts receivable 190,000 (1,318,000) (1,039,000) 204,000 3,144,000
Accounts receivable-related parties (3,534,000) (2,954,000) (2,784,000) 381,000 (3,521,000)
Income tax receivable   6,848,000 6,848,000 (4,480,000) (2,368,000)
Operating distributions from joint ventures 2,640,000 4,242,000 5,931,000 514,000 294,000
Operating distributions from loan pool participation 1,198,000   266,000    
Other assets (3,487,000) (730,000) 1,432,000 (2,893,000) (1,339,000)
Accounts payable (1,238,000) (260,000) 644,000 501,000 (374,000)
Accrued expenses and other liabilities 13,148,000 (365,000) 93,000 410,000 1,816,000
Accrued salaries and benefits (5,707,000) 2,477,000 6,320,000 1,626,000 (4,450,000)
Income taxes payable         (4,406,000)
Net cash provided by (used in) operating activities (14,469,000) (967,000) 2,157,000 (25,226,000) (14,669,000)
Cash flows from investing activities:          
Additions to notes receivable (5,644,000) (27,190,000) (25,636,000) (500,000)  
Settlements of notes receivable 559,000 70,000 8,438,000 302,000 26,000
Additions to notes receivable-related parties (23,322,000) (3,975,000) (5,914,000) (8,774,000) (300,000)
Settlements of notes receivable-related parties 4,867,000 8,721,000 8,721,000 2,935,000 6,000
Additions to notes receivable from sale of real estate       (2,663,000)  
Settlements of notes receivable from sale of real estate       1,858,000  
Net proceeds from sale of real estate 416,000 3,639,000 3,639,000 58,027,000 5,181,000
Net proceeds from sale of real estate-related party     9,548,000    
Purchases of and additions to real estate (1,930,000) (18,578,000) (23,764,000) (35,800,000) (41,460,000)
Assets acquired in merger       89,181,000  
Investment in marketable securities (7,382,000)        
Distributions from joint ventures 18,507,000 4,461,000 10,177,000 2,374,000 12,903,000
Contributions to joint ventures (95,492,000) (66,833,000) (83,891,000) (37,933,000) (73,129,000)
Contributions to loan pool participations (2,901,000) (9,612,000) (16,154,000)    
Net cash (used in) provided by investing activities (112,322,000) (109,297,000) (114,836,000) 69,007,000 (96,773,000)
Cash flow from financing activities:          
Issuance of senior notes payable 249,344,000        
Borrowings under notes payable   4,250,000 4,250,000 37,059,000 20,161,000
Repayment of notes payable (24,783,000) (4,200,000) (5,600,000) (32,114,000) (8,973,000)
Borrowings under lines of credit 19,000,000 37,250,000 48,250,000 20,500,000 47,957,000
Repayment of lines of credit (46,750,000) (25,500,000) (30,500,000) (24,000,000) (39,457,000)
Borrowings under mortgage loans payable 17,077,000 20,016,000 20,016,000 30,286,000 30,316,000
Repayment of mortgage loans payable (30,109,000) (19,763,000) (24,735,000) (35,866,000) (10,852,000)
Issuance of convertible subordinated debt         30,000,000
Repayment of convertible subordinated debt   (32,550,000) (32,550,000)    
Debt issue costs (7,486,000) (645,000) (644,000) (798,000) (518,000)
Issuance of preferred stock   132,294,000 132,294,000    
Issuance of common stock 51,360,000     59,000 52,447,000
Repurchase of common stock (36,000) (10,180,000) (11,301,000) (3,690,000) (6,170,000)
Repurchase of warrants (2,434,000) (8,584,000) (11,500,000)    
Dividends paid (7,874,000) (2,508,000) (4,533,000) (3,235,000) (2,264,000)
Contributions from noncontrolling interests 2,259,000 6,952,000 10,955,000 6,804,000 482,000
Distributions to noncontrolling interests (696,000) (2,096,000) (3,242,000) (10,712,000) (504,000)
Net cash provided by (used in) financing activities 218,872,000 94,736,000 91,160,000 (15,707,000) 112,625,000
Effect of currency exchange rate changes on cash and cash equivalents 8,365,000 8,457,000 10,703,000 3,879,000 400,000
Net change in cash and cash equivalents 100,446,000 (7,071,000) (10,816,000) 31,953,000 1,583,000
Cash and cash equivalents, beginning of period 46,968,000 57,784,000 57,784,000 25,831,000 24,248,000
Cash and cash equivalents, end of period 147,414,000 50,713,000 46,968,000 57,784,000 25,831,000
Supplemental disclosure of non-cash investing and financing activities:          
Unrealized loss on marketable securities, net of tax (4,590,000) (14,000) 11,000 194,000  
Accretion of preferred stock issuance costs 33,000   25,000    
During the nine months ended September 30, 2011, as a result of the acquisition of a 100% interest in an approximate 200,000 square foot office portfolio, real estate increased by $17,680,000, accounts receivable increased by $44,000, other assets increased by $50,000, accounts payable increased by $87,000, accrued expenses and other liabilities increased by $991,000 and mortgage loans payable increased by $16,000,000 (696,000)        
During the nine months ended September 30, 2011, as a result of the sale of a controlling interest in a piece of land in Kent, Washington, real estate decreased $696,000 696,000        
During the nine months ended September 30, 2010, as a result of the consolidation of two of Kennedy-Wilson's joint ventures, accounts receivable increased by $171,000, real estate increased by $71,862,000, investment in joint venture decreased by $6,256,000, other assets increased by $3,174,000, accrued expenses and other liabilities increased by $323,000 and mortgage loans payable increased by $66,501,000   (2,127,000)      
Interest Paid and Income Taxes Paid, Net          
Interest     8,400,000 11,618,000 6,945,000
Interest capitalized     790,000   999,000
Income taxes     $ 25,000 $ (4,130,000) $ 4,000,000