Real Estate and In-Place Lease Value (Tables) |
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Real Estate [Abstract] | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Schedule of Investment in Consolidated Real Estate Properties | During the nine months ended September 30, 2017, KW Group recognized the following gains on sale of real estate:
(1) Includes both the sale of real estate as a business, which is recognized through gain on sale of real estate, and the sale of real estate as assets, which is the net of sale of real estate and cost of real estate sold. The following table summarizes KW Group's investment in consolidated real estate properties at September 30, 2017 and December 31, 2016:
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Schedule of Business Acquisitions, by Acquisition | During the nine months ended September 30, 2017, KW Group acquired the following consolidated properties:
(1) Excludes acquisition expenses and net other assets. The purchase price allocations for properties acquired during the nine months ended September 30, 2017 are based on preliminary measurements of fair value that are subject to change. These allocations represent the Company's current best estimates of fair value and will be finalized within one year. (2) Includes above and below market leases in this table. Above and below market leases are part of other assets and accrued expenses and other liabilities. |
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Business Acquisition, Pro Forma Information | The pro forma data presented below assumes that the acquisitions during the three and nine months ended September 30, 2017 occurred as of January 1, 2016.
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