Company: KW
Filing Date: 2025-11-07
Form Type: 10-Q
Source: 0001408100-25-000179
Chunk: 219

Company: Kennedy-Wilson Holdings, Inc.
Filing Date: 2025-11-07
Form: 10-Q
Item: Part I, Item 1
Chunk 219
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 considered an “output of the entity’s ordinary activities.” Certain joint ventures in the same business segment, however, dispose of non-operating properties (such as land and condominiums) from time-to-time, and such sales are an “output of the entity’s ordinary activities” under Topic 606. Accordingly the sale of such real estate is presented by the Company on a gross basis (sale of real estate and cost of real estate sold), and, therefore, the portion of the same that is not attributable to the Company’s ownership share is excluded from Co-Investment NOI.

September 30, 2025($ in millions)ConsolidatedCo-InvestmentNon-SegmentTotalCash(1)$119.4 $— $263.2 $382.6 Real estate4,016.1 — — 4,016.1 Unconsolidated Investments— 1,906.3 — 1,906.3 Loan purchases and originations— 216.1 — 216.1 Accounts receivable and other assets84.5 — 92.6 177.1 Total Assets$4,220.0 $2,122.4 $355.8 $6,698.2 Accounts payable and accrued expenses140.8 — 386.5 527.3 Mortgage debt2,372.2 — — 2,372.2 KW unsecured debt— — 1,886.3 1,886.3 KWE bonds352.4 — — 352.4 Total Liabilities2,865.4 — 2,272.8 5,138.2 Equity1,354.6 2,122.4 (1,917.0)1,560.0 Total liabilities and equity$4,220.0 $2,122.4 $355.8 $6,698.2 

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December 31, 2024($ in millions)ConsolidatedCo-InvestmentNon-SegmentTotalCash(1)$117.4 $— $100.1 $217.5 Real estate4,290.4 — — 4,290.4 Unconsolidated Investments— 2,042.4 — 2,042.4 Loan purchases and originations— 231.1 —