Investment in Loan Pool Participation (Tables)

6 Months Ended

Jun. 30, 2013

Investment in Loan Pool Participation [Abstract]

Schedule of Investment in Loan Pools

The following table represents the demographics of the Company's investment in the loan pools including the initial UPB and the UPB as of June 30, 2013.

		Kennedy Wilson Ownership	Unpaid Principal Balance				Kennedy Wilson Initial Equity Invested		Investment Balance at June 30, 2013		Expected Accretion Over Total Estimated Collection Period
Acquisition Date	Location		Initial		June 30, 2013								Accreted to Date
February 2010	Western U.S.	15.0%	$	342,395,000	$	16,289,000	$	11,154,000	$	1,884,000	$	4,620,000	$	4,565,000
December 2011	United Kingdom	12.5%	2,111,326,000		316,682,000		61,200,000		22,996,000		19,762,000		13,763,000
April 2012	Western U.S.	75.0%	43,383,000		7,623,000		30,900,000		6,016,000		4,280,000		3,427,000
August 2012	Ireland	10.0%	477,169,000		408,160,000		7,032,000		7,613,000		1,774,000		256,000
December 2012	United Kingdom	5.0%	593,403,000		457,736,000		19,273,000		17,917,000		1,807,000		272,000
April 2013	United Kingdom	10.0%	177,170,000		176,790,000		12,988,000		12,293,000		3,924,000		164,000
		Total	$	3,744,846,000	$	1,383,280,000	$	142,547,000	$	68,719,000	$	36,167,000	$	22,447,000

Schedule of Interest Income and Foreign Currency Gain (Loss) Recognized in Loan Pool Participations

The following table presents the interest income and foreign currency gain and (loss) recognized by Kennedy Wilson during the three and six months ended June 30, 2013 and 2012 for the loan pools that were outstanding:

	Three Months Ended June 30,						Six Months Ended June 30,
	2013			2012			2013			2012
Interest income recognized	$	2,892,000		$	2,579,000		$	5,410,000		$	2,907,000
Foreign currency translation (loss) gain	(1,099,000		)	(1,399,000		)	(4,978,000		)	651,000
Total	$	1,793,000		$	1,180,000		$	432,000		$	3,558,000