UNAUDITED QUARTERLY INFORMATION

12 Months Ended

Dec. 31, 2017

Quarterly Financial Information Disclosure [Abstract]

UNAUDITED QUARTERLY INFORMATION

UNAUDITED QUARTERLY INFORMATION

(Dollars in millions, except earnings per share amounts)
Year ended December 31, 2017	Fourth Quarter			Third Quarter			Second Quarter			First Quarter
Revenues	$	181.5		$	277.2		$	177.8		$	174.2
Operating expenses	206.0			231.2			178.3			155.4
Income from unconsolidated investments	20.2			12.9			13.4			22.6
Operating (loss) income	(4.3		)	58.9			12.9			41.4
Non-operating (expenses) income	92.5			(52.8		)	17.7			(44.4		)
Income (loss) before provision for income taxes	88.2			6.1			30.6			(3.0		)
(Provision for) benefit from income taxes	17.2			3.7			(8.8		)	4.2
Net income (loss)	105.4			9.8			21.8			1.2
Net (income) loss attributable to noncontrolling interests	(6.2		)	(18.7		)	(12.4		)	(0.2		)
Preferred stock dividends and accretion of issuance costs	—			—			—			—
Net (loss) income attributable to Kennedy-Wilson      Holdings, Inc. common shareholders	$	99.2		$	(8.9	)	$	9.4		$	1.0
Basic (loss) earnings per share	$	0.69		$	(0.08	)	$	0.08		$	—
Diluted (loss) earnings per share	$	0.69		$	(0.08	)	$	0.08		$	—

(Dollars in millions, except earnings per share amounts)
Year ended December 31, 2016	Fourth Quarter			Third Quarter			Second Quarter			First Quarter
Revenues	$	180.4		$	174.3		$	176.5		$	172.2
Operating expenses	194.3			166.1			168.6			162.9
Income from unconsolidated investments	67.3			31.7			8.4			19.2
Operating income (loss)	53.4			39.9			16.3			28.5
Non-operating (expenses) income	3.7			(21.3		)	(22.4		)	(7.6		)
Income (loss) before provision for income taxes	57.1			18.6			(6.1		)	20.9
(Provision for) benefit from income taxes	(11.9		)	(5.5		)	3.9			(0.5		)
Net income (loss)	45.2			13.1			(2.2		)	20.4
Net (income) loss attributable to noncontrolling interests	(29.6		)	(15.1		)	1.1			(27.3		)
Preferred stock dividends and accretion of issuance costs	(1.2		)	(0.5		)	(0.5		)	(0.6		)
Net (loss) income attributable to Kennedy-Wilson      Holdings, Inc. common shareholders	$	14.4		$	(2.5	)	$	(1.6	)	$	(7.5	)
Basic (loss) earnings per share	$	0.13		$	(0.03	)	$	(0.02	)	$	(0.07	)
Diluted (loss) earnings per share	$	0.13		$	(0.03	)	$	(0.02	)	$	(0.07	)