Unconsolidated Investments (Tables)

9 Months Ended

Sep. 30, 2020

Equity Method Investments and Joint Ventures [Abstract]

Schedule of Joint Ventures by Location and Investment Type

The following table details Kennedy Wilson's investments in joint ventures by investment type and geographic location as of September 30, 2020:

(Dollars in millions)	Multifamily		Commercial		Hotel		Funds		Residential and Other		Total
Western U.S.	$	219.3	$	80.1	$	77.1	$	128.5	$	183.6	$	688.6
Ireland	382.2		150.8		—		2.7		—		535.7
United Kingdom	—		41.6		—		11.1		—		52.7
Total	$	601.5	$	272.5	$	77.1	$	142.3	$	183.6	$	1,277.0

    The following table details Kennedy Wilson's investments in joint ventures by investment type and geographic location as of December 31, 2019:

(Dollars in millions)	Multifamily		Commercial		Hotel		Funds		Residential and Other		Total
Western U.S.	$	230.5	$	78.1	$	72.8	$	139.6	$	238.7	$	759.7
Ireland	378.7		139.4		—		—		—		518.1
United Kingdom	—		48.7		—		—		—		48.7
Total	$	609.2	$	266.2	$	72.8	$	139.6	$	238.7	$	1,326.5

Schedule of Joint Venture Cash Distributions by Investment Type and Geographic Location

The following table details cash distributions by investment type and geographic location for the nine months ended September 30, 2020:

	Multifamily				Commercial				Funds				Residential and Other				Total
(Dollars in millions)	Operating		Investing		Operating		Investing		Operating		Investing		Operating		Investing		Operating		Investing
Western U.S.	$	19.7	$	25.5	$	4.7	$	2.6	$	3.9	$	6.1	$	—	$	32.4	$	28.3	$	66.6
Ireland	6.2		2.5		10.3		36.4		—		—		—		—		16.5		38.9
Total	$	25.9	$	28.0	$	15.0	$	39.0	$	3.9	$	6.1	$	—	$	32.4	$	44.8	$	105.5

Schedule of Income (Loss) from Unconsolidated Investments

The following table presents income from unconsolidated investments recognized by Kennedy Wilson during the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in millions)	2020		2019		2020		2019
Income from unconsolidated investments - operating performance	$	8.7	$	16.6	$	32.0	$	31.0
Income from unconsolidated investments - realized (losses) gains	—		51.1		(0.6)		53.5
Income from unconsolidated investments - fair value	14.2		(1.3)		22.8		32.3
Income from unconsolidated investments - performance fees	(1.3)		17.6		(2.5)		25.1
Income from unconsolidated investments - impairment	(6.7)		—		(6.7)		(10.3)
	$	14.9	$	84.0	$	45.0	$	131.6