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Other Assets
 3 Months Ended
Mar. 31, 2016
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]  
OTHER ASSETS
OTHER ASSETS
Other assets consist of the following: 
(Dollars in millions)
 
March 31, 2016
 
December 31, 2015
Above-market leases, net of accumulated amortization of $22.8 and $19.6 at March 31, 2016 and December 31, 2015, respectively
 
$
99.8

 
$
103.3

Other, net of accumulated amortization of $3.9 and $3.1 at March 31, 2016 and December 31, 2015, respectively
 
46.7

 
40.4

Office furniture and equipment net of accumulated depreciation of $19.0 and $14.0 at March 31, 2016 and December 31, 2015, respectively
 
24.3

 
27.9

Goodwill
 
23.9

 
23.9

Deferred tax asset, net
 
21.1

 
22.2

Prepaid expenses
 
11.6

 
10.1

Hedge assets
 
6.4

 
30.9

Marketable securities(1)
 
5.4

 
4.3

Deposits
 
4.9

 
4.2

Other Assets
 
$
244.1

 
$
267.2


                           
(1) The amount above excludes Kennedy Wilson's 27.6 million shares in KWE as the investment is eliminated due to the consolidation of KWE's results. Based on the closing price of KWE shares on March 31, 2016, the fair value of Kennedy Wilson's investment in KWE is $464.4 million.