Earnings Per Share (Tables)

9 Months Ended

Sep. 30, 2020

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 (loss) income per share for the three and nine months ended September 30, 2020 and 2019:

	Three Months Ended September 30,				Nine Months Ended September 30,
(Dollars in millions, except share and per share amounts)	2020		2019		2020		2019
Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders	$	(25.1)	$	20.7	$	(77.1)	$	66.2
Dividends allocated to participating securities	—		—		—		(0.2)
Net (loss) income attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities	(25.1)		20.7		(77.1)		66.0
Dividends declared on common shares	(31.2)		(29.1)		(94.4)		(89.8)
Undistributed losses attributable to Kennedy-Wilson Holdings, Inc. common shareholders, net of allocation to participating securities	$	(56.3)	$	(8.4)	$	(171.5)	$	(23.8)
Distributed earnings per share	$	0.22	$	0.21	$	0.66	$	0.63
Undistributed losses per share	(0.40)		(0.06)		(1.21)		(0.09)
(Loss) Income per basic and diluted share	(0.18)		0.15		(0.55)		0.54
Weighted average shares outstanding for basic	140,119,442		139,947,518		140,181,438		139,669,971
Weighted average shares outstanding for diluted(1)	140,119,442		140,538,139		140,181,438		141,445,947
Dividends declared per common share	$	0.22	$	0.21	$	0.66	$	0.63

(1) For the three and nine months ended September 30, 2020, a total of 13,543,942 and 13,691,560 potentially dilutive securities, respectively, have not been included in the diluted weighted average shares as they are anti-dilutive. For the three and nine months ended September 30, 2019, a total of 1,830,940 and 1,082,604 potentially dilutive securities, respectively, have not been included in the diluted weighted average shares as they are anti-dilutive.