2014 Q4 Form 10-Q Financial Statement

#000140810014000143 Filed on November 10, 2014

View on sec.gov

Income Statement

Concept 2014 Q4 2014 Q3 2013 Q3
Revenue $141.6M $113.7M $33.60M
YoY Change 370.43% 238.39% 121.05%
Cost Of Revenue $6.100M $1.100M $900.0K
YoY Change 22.22% -30.77%
Gross Profit $135.5M $112.6M $32.60M
YoY Change 347.19% 245.4% 132.86%
Gross Profit Margin 95.69% 99.03% 97.02%
Selling, General & Admin $96.30M $13.80M $6.800M
YoY Change 148.84% 102.94% 6.5%
% of Gross Profit 71.07% 12.26% 20.86%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization $37.20M $34.70M $4.500M
YoY Change 588.89% 671.11% 350.0%
% of Gross Profit 27.45% 30.82% 13.8%
Operating Expenses $133.5M $79.50M $32.80M
YoY Change 202.72% 142.38% 65.06%
Operating Profit $10.30M $11.60M $9.500M
YoY Change -496.15% 22.11% -9600.0%
Interest Expense -$23.80M -$17.60M $13.14M
YoY Change 621.21% -233.93% 94.54%
% of Operating Profit -231.07% -151.72% 138.33%
Other Income/Expense, Net -$39.20M -$8.000M -$11.40M
YoY Change -242.55% -29.82% 75.38%
Pretax Income -$28.90M $3.600M -$1.900M
YoY Change -216.06% -289.47% -71.21%
Income Tax -$8.400M $6.600M $800.0K
% Of Pretax Income 183.33%
Net Earnings -$20.50M -$200.0K -$2.000M
YoY Change 791.3% -90.0% -52.38%
Net Earnings / Revenue -14.48% -0.18% -5.95%
Basic Earnings Per Share -$0.35 -$0.03 -$0.06
Diluted Earnings Per Share -$0.35 -$0.03 -$0.06
COMMON SHARES
Basic Shares Outstanding 94.81M shares 89.27M shares 72.64M shares
Diluted Shares Outstanding 89.27M shares 72.64M shares

Balance Sheet

Concept 2014 Q4 2014 Q3 2013 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $944.2M $800.6M $181.4M
YoY Change 418.22% 341.35% 32.34%
Cash & Equivalents $937.7M $787.0M $181.4M
Short-Term Investments $6.500M $13.60M
Other Short-Term Assets $11.20M $12.70M $10.60M
YoY Change 47.37% 19.81%
Inventory
Prepaid Expenses
Receivables $55.60M $42.20M $37.50M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $241.4M $291.2M $229.5M
YoY Change 24.18% 26.88% -12.14%
LONG-TERM ASSETS
Property, Plant & Equipment $4.250B $3.861B $522.7M
YoY Change 508.46% 638.66%
Goodwill $23.90M $23.90M $23.97M
YoY Change 0.0% -0.27% 0.0%
Intangibles
YoY Change
Long-Term Investments $365.8M $447.4M $742.2M
YoY Change -49.49% -39.72% 50.34%
Other Assets
YoY Change
Total Long-Term Assets $6.091B $5.422B $1.412B
YoY Change 279.62% 284.08% 127.29%
TOTAL ASSETS
Total Short-Term Assets $241.4M $291.2M $229.5M
Total Long-Term Assets $6.091B $5.422B $1.412B
Total Assets $6.332B $5.713B $1.641B
YoY Change 252.02% 248.12% 86.01%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $264.9M $253.8M $1.700M
YoY Change 105.19% 14829.41% 30.77%
Accrued Expenses $57.30M
YoY Change 65.13%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $264.9M $253.8M $59.00M
YoY Change 105.19% 330.17% 63.89%
LONG-TERM LIABILITIES
Long-Term Debt $3.023B $2.756B $789.6M
YoY Change 255.35% 249.0% 146.6%
Other Long-Term Liabilities
YoY Change
Total Long-Term Liabilities $3.023B $2.756B $789.6M
YoY Change 255.35% 249.0% 146.6%
TOTAL LIABILITIES
Total Short-Term Liabilities $264.9M $253.8M $59.00M
Total Long-Term Liabilities $3.023B $2.756B $789.6M
Total Liabilities $3.288B $3.010B $865.5M
YoY Change 235.56% 247.7% 130.31%
SHAREHOLDERS EQUITY
Retained Earnings -$62.00M -$22.60M -$32.05M
YoY Change 46.92% -29.48% 176.69%
Common Stock $0.00 $0.00 $8.000K
YoY Change -100.0% 33.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $901.1M $955.4M $766.0M
YoY Change
Total Liabilities & Shareholders Equity $6.332B $5.713B $1.641B
YoY Change 252.02% 248.12% 86.01%

Cashflow Statement

Concept 2014 Q4 2014 Q3 2013 Q3
OPERATING ACTIVITIES
Net Income -$20.50M -$200.0K -$2.000M
YoY Change 791.3% -90.0% -52.38%
Depreciation, Depletion And Amortization $37.20M $34.70M $4.500M
YoY Change 588.89% 671.11% 350.0%
Cash From Operating Activities $12.40M $20.60M $6.800M
YoY Change -74.38% 202.94% -206.25%
INVESTING ACTIVITIES
Capital Expenditures -$424.0M -$248.4M -$7.600M
YoY Change 706.08% 3168.42% 1800.0%
Acquisitions
YoY Change
Other Investing Activities -$100.3M -$13.80M -$52.20M
YoY Change 143.45% -73.56% 154.63%
Cash From Investing Activities -$524.3M -$262.2M -$59.80M
YoY Change 458.96% 338.46% 187.5%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $122.0M
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities 702.2M 437.3M 92.30M
YoY Change 1723.9% 373.78% 37.15%
NET CHANGE
Cash From Operating Activities 12.40M 20.60M 6.800M
Cash From Investing Activities -524.3M -262.2M -59.80M
Cash From Financing Activities 702.2M 437.3M 92.30M
Net Change In Cash 190.3M 195.7M 39.30M
YoY Change -2857.97% 397.96% -2.0%
FREE CASH FLOW
Cash From Operating Activities $12.40M $20.60M $6.800M
Capital Expenditures -$424.0M -$248.4M -$7.600M
Free Cash Flow $436.4M $269.0M $14.40M
YoY Change 332.08% 1768.06% -340.0%

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FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetSales
1100000 USD
CY2014Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
78500000 USD
CY2012Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
68400000 USD
CY2013Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
81100000 USD
CY2013Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
74200000 USD
CY2014Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
90400000 USD
CY2013Q2 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
74000000 USD
CY2014Q3 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
267000000 USD
CY2013Q4 us-gaap Finite Lived Intangible Asset Acquired In Place Leases
FiniteLivedIntangibleAssetAcquiredInPlaceLeases
29800000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
2700000 USD
us-gaap Gain Loss On Disposition Of Assets
GainLossOnDispositionOfAssets
4400000 USD
CY2014Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
11800000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
17600000 USD
us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
28300000 USD
CY2013Q3 us-gaap General And Administrative Expense
GeneralAndAdministrativeExpense
5800000 USD
CY2014Q3 us-gaap Goodwill
Goodwill
23900000 USD
CY2014Q3 kw Numberof Related Party Funds Paid Off
NumberofRelatedPartyFundsPaidOff
2 Loan
kw Payments To Acquire Equity Method Investments New Investments
PaymentsToAcquireEquityMethodInvestmentsNewInvestments
78200000 USD
kw Paymentsto Acquire Interestin Unconsolidated Investments
PaymentstoAcquireInterestinUnconsolidatedInvestments
314300000 USD
kw Paymentsto Acquire Interestin Unconsolidated Investments
PaymentstoAcquireInterestinUnconsolidatedInvestments
139600000 USD
CY2013Q4 us-gaap Goodwill
Goodwill
23900000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
151400000 USD
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-8100000 USD
CY2013Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-2000000 USD
CY2014Q3 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
3600000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
30100000 USD
us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
45900000 USD
CY2013Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
13200000 USD
CY2014Q3 us-gaap Income Loss From Equity Method Investments
IncomeLossFromEquityMethodInvestments
12100000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
40800000 USD
CY2014Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
6600000 USD
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-1400000 USD
CY2013Q3 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
800000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
100000 USD
us-gaap Income Taxes Paid
IncomeTaxesPaid
2300000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
11200000 USD
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
18000000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
-4600000 USD
us-gaap Increase Decrease In Accrued Liabilities
IncreaseDecreaseInAccruedLiabilities
46100000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
-400000 USD
us-gaap Increase Decrease In Other Operating Assets
IncreaseDecreaseInOtherOperatingAssets
10400000 USD
CY2014Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
5700000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
11700000 USD
us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
1400000 USD
CY2013Q3 us-gaap Interest And Fee Income Loans And Leases
InterestAndFeeIncomeLoansAndLeases
500000 USD
CY2013Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
500000 USD
CY2014Q3 us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
5700000 USD
us-gaap Interest And Fee Income Loans And Leases Held In Portfolio
InterestAndFeeIncomeLoansAndLeasesHeldInPortfolio
11200000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
29700000 USD
CY2014Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
15900000 USD
CY2013Q3 us-gaap Interest Expense Debt
InterestExpenseDebt
10300000 USD
us-gaap Interest Expense Debt
InterestExpenseDebt
41100000 USD
us-gaap Interest Paid
InterestPaid
74200000 USD
us-gaap Interest Paid
InterestPaid
44100000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
7400000 USD
CY2014Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
13800000 USD
us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
30200000 USD
CY2013Q3 us-gaap Investment Income Investment Expense
InvestmentIncomeInvestmentExpense
2800000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
504900000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVentures
786100000 USD
CY2013Q4 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
81100000 USD
CY2014Q3 us-gaap Investments In Affiliates Subsidiaries Associates And Joint Ventures Fair Value Disclosure
InvestmentsInAffiliatesSubsidiariesAssociatesAndJointVenturesFairValueDisclosure
90400000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
79600000 USD
us-gaap Labor And Related Expense
LaborAndRelatedExpense
52800000 USD
CY2013Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
20900000 USD
CY2014Q3 us-gaap Labor And Related Expense
LaborAndRelatedExpense
26800000 USD
CY2014Q3 us-gaap Land
Land
955300000 USD
CY2013Q4 us-gaap Land
Land
187800000 USD
CY2014Q3 us-gaap Liabilities
Liabilities
3009500000 USD
CY2013Q4 us-gaap Liabilities
Liabilities
979900000 USD
CY2013Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
1798800000 USD
CY2014Q3 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
5713300000 USD
CY2013Q4 us-gaap Long Term Debt
LongTermDebt
850800000 USD
CY2014Q3 us-gaap Long Term Debt
LongTermDebt
2755700000 USD
CY2013Q4 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
878200000 USD
CY2014Q3 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2794500000 USD
CY2014Q3 us-gaap Marketable Securities
MarketableSecurities
13600000 USD
CY2013Q4 us-gaap Marketable Securities
MarketableSecurities
4000000 USD
CY2013Q4 us-gaap Minority Interest
MinorityInterest
50600000 USD
CY2014Q3 us-gaap Minority Interest
MinorityInterest
1748400000 USD
us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
24300000 USD
us-gaap Mortgage Loans On Real Estate Number Of Loans
MortgageLoansOnRealEstateNumberOfLoans
19 Loan
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
2461200000 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
332900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1948900000 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-255000000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
85700000 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
-17100000 USD
CY2014Q3 us-gaap Net Income Loss
NetIncomeLoss
-200000 USD
us-gaap Net Income Loss
NetIncomeLoss
50700000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
59900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2900000 USD
us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2600000 USD
CY2014Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-2800000 USD
CY2013Q3 us-gaap Net Income Loss Attributable To Noncontrolling Interest
NetIncomeLossAttributableToNoncontrollingInterest
-700000 USD
CY2013Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-4100000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-10200000 USD
us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
44600000 USD
CY2014Q3 us-gaap Net Income Loss Available To Common Stockholders Basic
NetIncomeLossAvailableToCommonStockholdersBasic
-2200000 USD
us-gaap Noncontrolling Interest Increase From Business Combination
NoncontrollingInterestIncreaseFromBusinessCombination
291800000 USD
us-gaap Noncontrolling Interest Increase From Subsidiary Equity Issuance
NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance
12900000 USD
CY2013Q4 us-gaap Notes Receivable Net
NotesReceivableNet
56800000 USD
CY2014Q3 us-gaap Notes Receivable Net
NotesReceivableNet
266700000 USD
CY2013Q4 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
4100000 USD
CY2014Q3 us-gaap Notes Receivable Related Parties
NotesReceivableRelatedParties
0 USD
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
2 segment
us-gaap Operating Expenses
OperatingExpenses
196200000 USD
us-gaap Operating Expenses
OperatingExpenses
93000000 USD
CY2013Q3 us-gaap Operating Expenses
OperatingExpenses
32800000 USD
CY2014Q3 us-gaap Operating Expenses
OperatingExpenses
79500000 USD
CY2014Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
11600000 USD
CY2013Q3 us-gaap Operating Income Loss
OperatingIncomeLoss
9400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
39400000 USD
us-gaap Operating Income Loss
OperatingIncomeLoss
17900000 USD
CY2014Q3 us-gaap Other Assets
OtherAssets
232300000 USD
CY2013Q4 us-gaap Other Assets
OtherAssets
73000000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-9200000 USD
us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-67100000 USD
CY2013Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
8800000 USD
CY2014Q3 us-gaap Other Comprehensive Income Foreign Currency Transaction And Translation Gain Loss Arising During Period Net Of Tax
OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationGainLossArisingDuringPeriodNetOfTax
-89000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1100000 USD
us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
0 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Available For Sale Securities Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAdjustmentNetOfTax
-1100000 USD
us-gaap Other Comprehensive Income Loss Before Reclassifications Net Of Tax
OtherComprehensiveIncomeLossBeforeReclassificationsNetOfTax
-85100000 USD
us-gaap Other Comprehensive Income Loss Derivatives Qualifying As Hedges Net Of Tax
OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesNetOfTax
9700000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2500000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
2100000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Before Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentBeforeTax
-2900000 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-67400000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
0 USD
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Reclassification Adjustment From Aoci Realized Upon Sale Or Liquidation Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationReclassificationAdjustmentFromAOCIRealizedUponSaleOrLiquidationNetOfTax
7100000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-58800000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-7000000 USD
CY2014Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-70000000 USD
CY2013Q3 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
5200000 USD
us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Noncontrolling Interest
OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest
-36400000 USD
us-gaap Other Comprehensive Income Loss Tax
OtherComprehensiveIncomeLossTax
-33400000 USD
CY2013Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
-3600000 USD
CY2014Q3 us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
20100000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
16500000 USD
us-gaap Other Comprehensive Income Unrealized Gain Loss On Derivatives Arising During Period Net Of Tax
OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodNetOfTax
2200000 USD
CY2014Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
34700000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
67300000 USD
CY2013Q3 us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
4500000 USD
us-gaap Other Depreciation And Amortization
OtherDepreciationAndAmortization
12000000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
500000 USD
us-gaap Other Nonoperating Income
OtherNonoperatingIncome
1000000 USD
CY2014Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
-1900000 USD
CY2013Q3 us-gaap Other Nonoperating Income
OtherNonoperatingIncome
100000 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
0 USD
us-gaap Payments For Derivative Instrument Investing Activities
PaymentsForDerivativeInstrumentInvestingActivities
2200000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
2900000 USD
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
0 USD
us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
0 USD
us-gaap Payments For Repurchase Of Warrants
PaymentsForRepurchaseOfWarrants
1400000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
1800000 USD
us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
28500000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
16300000 USD
us-gaap Payments Of Dividends
PaymentsOfDividends
28400000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
22300000 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
10200000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
24300000 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
400000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
6100000 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
6100000 USD
us-gaap Payments To Acquire Interest In Joint Venture
PaymentsToAcquireInterestInJointVenture
36300000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
11500000 USD
us-gaap Payments To Acquire Marketable Securities
PaymentsToAcquireMarketableSecurities
0 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
30300000 USD
us-gaap Payments To Acquire Mortgage Notes Receivable
PaymentsToAcquireMortgageNotesReceivable
476400000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
1538200000 USD
us-gaap Payments To Acquire Real Estate
PaymentsToAcquireRealEstate
115900000 USD
us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
16800000 USD
CY2014Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2000000 USD
us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
6100000 USD
CY2013Q3 us-gaap Preferred Stock Dividends And Other Adjustments
PreferredStockDividendsAndOtherAdjustments
2000000 USD
CY2014Q3 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
12700000 USD
CY2013Q4 us-gaap Prepaid Expense Current And Noncurrent
PrepaidExpenseCurrentAndNoncurrent
7600000 USD
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family:Times New Roman;font-size:10pt;"><div style="line-height:120%;padding-top:12px;text-align:justify;text-indent:48px;font-size:10pt;"><font style="font-family:inherit;font-size:10pt;">RECLASSIFICATIONS&#8212;Certain balances included in prior year's financial statements have been reclassified to conform with the current year's presentation.</font></div></div>
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
95900000 USD
us-gaap Proceeds From Collection Of Notes Receivable
ProceedsFromCollectionOfNotesReceivable
43000000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
7500000 USD
us-gaap Proceeds From Derivative Instrument Investing Activities
ProceedsFromDerivativeInstrumentInvestingActivities
0 USD
us-gaap Proceeds From Equity Method Investment Dividends Or Distributions Return Of Capital
ProceedsFromEquityMethodInvestmentDividendsOrDistributionsReturnOfCapital
99300000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
276000000 USD
us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
190600000 USD
CY2014Q1 us-gaap Proceeds From Issuance Of Common Stock
ProceedsFromIssuanceOfCommonStock
190600000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
72300000 USD
us-gaap Proceeds From Issuance Of Secured Debt
ProceedsFromIssuanceOfSecuredDebt
825100000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
297200000 USD
us-gaap Proceeds From Issuance Of Senior Long Term Debt
ProceedsFromIssuanceOfSeniorLongTermDebt
0 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
125000000 USD
us-gaap Proceeds From Lines Of Credit
ProceedsFromLinesOfCredit
90000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
10000000 USD
us-gaap Proceeds From Maturities Prepayments And Calls Of Shortterm Investments
ProceedsFromMaturitiesPrepaymentsAndCallsOfShorttermInvestments
0 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
12900000 USD
us-gaap Proceeds From Minority Shareholders
ProceedsFromMinorityShareholders
900000 USD
us-gaap Proceeds From Sale And Maturity Of Marketable Securities
ProceedsFromSaleAndMaturityOfMarketableSecurities
10000000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
16300000 USD
us-gaap Proceeds From Sale Of Real Estate Heldforinvestment
ProceedsFromSaleOfRealEstateHeldforinvestment
10500000 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
0 USD
us-gaap Proceeds From Warrant Exercises
ProceedsFromWarrantExercises
4700000 USD
us-gaap Profit Loss
ProfitLoss
110600000 USD
CY2013Q3 us-gaap Profit Loss
ProfitLoss
-2800000 USD
us-gaap Profit Loss
ProfitLoss
-6700000 USD
CY2014Q3 us-gaap Profit Loss
ProfitLoss
-3000000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
54000000 USD
us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
65000000 USD
CY2014Q3 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
12900000 USD
CY2013Q3 us-gaap Property Management Fee Revenue
PropertyManagementFeeRevenue
20900000 USD
CY2013Q4 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
26300000 USD
CY2014Q3 us-gaap Real Estate Investment Property Accumulated Depreciation
RealEstateInvestmentPropertyAccumulatedDepreciation
88600000 USD
CY2013Q4 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
714400000 USD
CY2014Q3 us-gaap Real Estate Investment Property At Cost
RealEstateInvestmentPropertyAtCost
3928200000 USD
CY2014Q3 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
3839600000 USD
CY2013Q4 us-gaap Real Estate Investment Property Net
RealEstateInvestmentPropertyNet
688100000 USD
CY2014Q3 us-gaap Stockholders Equity
StockholdersEquity
955400000 USD
CY2013Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
33500000 USD
CY2014Q3 us-gaap Real Estate Revenue Net
RealEstateRevenueNet
113700000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
257000000 USD
us-gaap Real Estate Revenue Net
RealEstateRevenueNet
92800000 USD
us-gaap Reclassification From Accumulated Other Comprehensive Income Current Period Net Of Tax
ReclassificationFromAccumulatedOtherComprehensiveIncomeCurrentPeriodNetOfTax
7100000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
90000000 USD
us-gaap Repayments Of Lines Of Credit
RepaymentsOfLinesOfCredit
125000000 USD
us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
72200000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
32200000 USD
us-gaap Repayments Of Secured Debt
RepaymentsOfSecuredDebt
1100000 USD
CY2013Q4 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
0 USD
CY2014Q3 us-gaap Restricted Cash And Cash Equivalents At Carrying Value
RestrictedCashAndCashEquivalentsAtCarryingValue
40600000 USD
CY2014Q3 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
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0 USD
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34500000 USD
CY2014Q3 kw Income Loss From Consolidated Subsidiaries
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0 USD
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IncomeLossFromConsolidatedSubsidiaries
0 USD
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0 USD
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CY2013Q3 us-gaap Weighted Average Number Of Shares Outstanding Basic
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us-gaap Weighted Average Number Of Shares Outstanding Basic
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kw Accrued Dividends On Common Stock
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8500000 USD
kw Accrued Dividends On Common Stock
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5700000 USD
CY2013Q4 kw Accumulated Amortization Deposits And Other
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1200000 USD
CY2014Q3 kw Accumulated Amortization Deposits And Other
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1700000 USD
CY2014Q3 kw Business Combination Equity Interestin Acquiree
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574000000 USD
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1168600000 USD
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28400000 USD
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CY2014Q3 kw Cash Heldby Consolidated Investments
CashHeldbyConsolidatedInvestments
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8000000 USD
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236300000 USD
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170200000 USD
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1
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0.32
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1300000 USD
kw Development Costs Capitalized
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0 USD
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0 USD
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0 USD
CY2013Q4 kw Due To Affiliates Loans Payable
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0 USD
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17 Property
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46600000 USD
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IncomeLossfromEquityMethodInvestmentsIncludingAccretion
30300000 USD
kw Increase Decreasein Restricted Cash Financing Activities
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0 USD
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InvestmentBuildings
2657500000 USD
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InvestmentBuildings
484100000 USD
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48400000 USD
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12700000 USD
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InvestmentInLoanPoolParticipations
57500000 USD
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InvestmentInLoanPoolParticipations
34700000 USD
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InvestmentInLoanPoolPortfolio
119200000 USD
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InvestmentInLoanPoolPortfolioAccretableYield
24900000 USD
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9100000 USD
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3700000 USD
CY2014Q3 kw Investment In Loan Pool Portfolio Accretable Yield Accretion Interest Income Recognized
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2300000 USD
kw Investment In Loan Pool Portfolio Accretable Yield Accretion Interest Income Recognized
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7000000 USD
kw Investment In Loan Pool Portfolio Accretion To Date
InvestmentInLoanPoolPortfolioAccretionToDate
15800000 USD
CY2014Q3 kw Investment In Loan Pool Portfolio Initial Unpaid Principal Balance
InvestmentInLoanPoolPortfolioInitialUnpaidPrincipalBalance
1908700000 USD
CY2014Q3 kw Investment In Loan Pool Portfolio Unpaid Principal Balance
InvestmentInLoanPoolPortfolioUnpaidPrincipalBalance
782300000 USD
CY2014Q3 kw Investmentin Loan Pool Portfolio Accretion Interest Income Recognizedand Foreign Currenty Translation Gain Loss
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-600000 USD
kw Investmentin Loan Pool Portfolio Accretion Interest Income Recognizedand Foreign Currenty Translation Gain Loss
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6200000 USD
CY2013Q3 kw Investmentin Loan Pool Portfolio Accretion Interest Income Recognizedand Foreign Currenty Translation Gain Loss
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5800000 USD
kw Investmentin Loan Pool Portfolio Accretion Interest Income Recognizedand Foreign Currenty Translation Gain Loss
InvestmentinLoanPoolPortfolioAccretionInterestIncomeRecognizedandForeignCurrentyTranslationGainLoss
4500000 USD
CY2014Q3 kw Investments In And Advance To Consolidated Affiliates Subsidiaries Associates And Joint Ventures
InvestmentsInAndAdvanceToConsolidatedAffiliatesSubsidiariesAssociatesAndJointVentures
0 USD
CY2013Q4 kw Investments In And Advance To Consolidated Affiliates Subsidiaries Associates And Joint Ventures
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0 USD
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151400000 USD
CY2014Q3 kw Loans Acquired Numberof Properties Securing Loans
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13 Property
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MortgageLoansDecreaseFromDeconsolidation
78700000 USD
CY2013Q3 kw Net Income Loss Availableto Common Stockholders Basic Netof Participating Securities
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42000000 USD
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kw Noncash Contributionsand Paymentsto Acquire Equity Method Investments
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114500000 USD
kw Notes Receivable Decrease From Deconsolidation
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96000000 USD
CY2014Q1 kw Number Of Joint Venture Investments Consolidated
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6 JointVenture
kw Number Of Joint Venture Investments Consolidated
NumberOfJointVentureInvestmentsConsolidated
7 JointVenture
kw Numberof Acquisitions Partially Financedwith Mortgages
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12 acquisition
kw Numberof Investments Partially Financed With Mortgages
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2 Investment
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178200000 USD
kw Proceeds Payments From Intercompany Receivables
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0 USD
kw Proceedsfrom Distributionsfrom Unconsolidated Investments
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99300000 USD
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143300000 USD
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1351100000 USD
kw Proceedsfrom Noncontrolling Interests Issuanceof Equity
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0 USD
kw Proceedsfrom Operating Distributionsfrom Unconsolidated Investments
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78900000 USD
kw Proceedsfrom Operating Distributionsfrom Unconsolidated Investments
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42700000 USD
CY2014Q3 kw Property Management Fee Revenues From Related Party
PropertyManagementFeeRevenuesFromRelatedParty
6200000 USD
kw Property Management Fee Revenues From Related Party
PropertyManagementFeeRevenuesFromRelatedParty
47000000 USD
CY2013Q3 kw Property Management Fee Revenues From Related Party
PropertyManagementFeeRevenuesFromRelatedParty
15700000 USD
kw Property Management Fee Revenues From Related Party
PropertyManagementFeeRevenuesFromRelatedParty
37800000 USD
CY2014Q3 kw Rentaland Hotel Income
RentalandHotelIncome
93500000 USD
kw Rentaland Hotel Income
RentalandHotelIncome
161300000 USD
kw Rentaland Hotel Income
RentalandHotelIncome
27300000 USD
CY2013Q3 kw Rentaland Hotel Income
RentalandHotelIncome
10500000 USD
kw Repaymentof Junior Unsubordinated Debt
RepaymentofJuniorUnsubordinatedDebt
0 USD
kw Repaymentof Junior Unsubordinated Debt
RepaymentofJuniorUnsubordinatedDebt
40000000 USD
kw Undistributed Earnings Availableto Common Stockholders Basic Netof Participating Securities
UndistributedEarningsAvailabletoCommonStockholdersBasicNetofParticipatingSecurities
17900000 USD
CY2013Q3 kw Undistributed Earnings Availableto Common Stockholders Basic Netof Participating Securities
UndistributedEarningsAvailabletoCommonStockholdersBasicNetofParticipatingSecurities
-19300000 USD
kw Undistributed Earnings Availableto Common Stockholders Basic Netof Participating Securities
UndistributedEarningsAvailabletoCommonStockholdersBasicNetofParticipatingSecurities
-15700000 USD
CY2014Q3 kw Undistributed Earnings Availableto Common Stockholders Basic Netof Participating Securities
UndistributedEarningsAvailabletoCommonStockholdersBasicNetofParticipatingSecurities
-10800000 USD
kw Undistributed Earnings Loss Allocatedto Participating Securities Basic
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
2600000 USD
kw Undistributed Earnings Loss Allocatedto Participating Securities Basic
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
0 USD
CY2013Q3 kw Undistributed Earnings Loss Allocatedto Participating Securities Basic
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
0 USD
CY2014Q3 kw Undistributed Earnings Loss Allocatedto Participating Securities Basic
UndistributedEarningsLossAllocatedtoParticipatingSecuritiesBasic
500000 USD
dei Amendment Flag
AmendmentFlag
false
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2014
dei Document Period End Date
DocumentPeriodEndDate
2014-09-30
dei Document Type
DocumentType
10-Q
dei Entity Central Index Key
EntityCentralIndexKey
0001408100
CY2014Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
94807377 shares
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Registrant Name
EntityRegistrantName
Kennedy-Wilson Holdings, Inc.

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