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Earnings Per Share (Tables)
9 Months Ended
Sep. 30, 2015
Earnings Per Share [Abstract]  
Schedule of Earnings Per Share, Basic and Diluted
The following is a summary of the elements used in calculating basic and diluted income (loss) per share for the three and nine months ended September 30, 2015 and 2014:
 
Three Months Ended September 30,
 
Nine Months Ended September 30,
(Dollars in millions, except share and per share amounts)
2015
 
2014
 
2015
 
2014
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders
$
14.9

 
$
(2.2
)
 
$
42.6

 
$
44.6

Net income (loss) and dividends allocated to participating securities
(0.6
)
 
(0.5
)
 
(1.9
)
 
(2.6
)
Net income (loss) attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
14.3

 
(2.7
)
 
40.7

 
42.0

Dividends declared on common shares
(13.0
)
 
(8.1
)
 
(37.8
)
 
(24.1
)
Undistributed earnings attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities
$
1.3

 
$
(10.8
)
 
$
2.9

 
$
17.9

 
 
 
 
 
 
 
 
Distributed earnings per share
$
0.12

 
$
0.09

 
$
0.36

 
$
0.27

Undistributed earnings per share
0.01

 
(0.12
)
 
0.04

 
0.20

Income (loss) per basic
0.13

 
(0.03
)
 
0.40

 
0.47

 
 
 
 
 
 
 
 
Income (loss) per diluted
$
0.13

 
$
(0.03
)
 
$
0.40

 
$
0.47

 
 
 
 
 
 
 
 
Weighted average shares outstanding for basic
107,433,124

 
89,267,838

 
101,361,606

 
88,854,215

Weighted average shares outstanding for diluted(1)
107,433,124

 
89,267,838

 
105,517,172

 
90,169,008

Dividends declared per common share
$
0.12

 
$
0.09

 
$
0.36

 
$
0.27

                           
(1) For the three and nine months ended September 30, 2015, a total of 3,538,420 and 3,163,589, respectively, potentially dilutive securities were not included in the diluted weighted average shares as they were anti-dilutive. For the three months ended September 30, 2014, a total of 12,993,531 potentially dilutive securities have not been included in the diluted weighted average shares as they are anti-dilutive. Potentially anti-dilutive securities include preferred stock and unvested restricted stock grants.