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KW Unsecured Debt (Tables)
6 Months Ended
Jun. 30, 2024
Debt Disclosure [Abstract]  
Schedule of Debt KW Unsecured Debt The following table details KW unsecured debt as of June 30, 2024 and December 31, 2023:
(Dollars in millions)June 30, 2024December 31, 2023
Credit facility$172.1 $150.4 
Senior notes(1):
2029 Notes601.4 601.5 
2030 Notes600.0 600.0 
2031 Notes601.5 601.6 
KW unsecured debt1,975.0 1,953.5 
Unamortized loan fees(17.6)(19.2)
Total KW Unsecured Debt$1,957.4 $1,934.3 
(1) The senior notes balances include unamortized debt premiums. Debt premiums represent the difference between the fair value of debt and the principal value of debt issued and is amortized into interest expense over the remaining term of the related debt in a manner that approximates the effective interest method. The unamortized debt premium as of June 30, 2024 and December 31, 2023 was $2.9 million and $3.1 million, respectively.
The following table details KWE unsecured bonds as of June 30, 2024 and December 31, 2023:
(Dollars in millions)June 30, 2024December 31, 2023
KWE Euro Medium Term Note Programme(1)
$508.2 $523.3 
Unamortized loan fees(0.4)(0.5)
Total KWE Unsecured Bonds$507.8 $522.8 
(1) The KWE unsecured bonds balances include unamortized debt discounts. Debt discounts represent the difference between the fair value of debt at issuance and the principal value of debt and are amortized into interest expense over the remaining term of the related debt in a manner that approximates the effective interest method. The net unamortized discount as of June 30, 2024 and December 31, 2023 was $0.7 million and $1.0 million, respectively.