Quarterly report pursuant to Section 13 or 15(d)

Revenue From Contracts With Customers

v3.21.1
Revenue From Contracts With Customers
 3 Months Ended
Mar. 31, 2021
Revenue from Contracts with Customers [Abstract]  
Revenue From Contracts With Cutomers 3. Revenue From Contracts with Customers

The table below sets forth the Company’s disaggregated revenue by category from contracts with customers (in thousands).

For the Three Months Ended

March 31,

2021

2020

Sales of VOIs (1)

$

55,931

$

45,128

Fee-based sales commission revenue (1)

25,718

41,365

Resort and club management revenue (2)

24,928

25,029

Cost reimbursements (2)

16,608

19,120

Title fees and other (1)

2,274

2,723

Other revenue (2)

1,695

1,562

Revenue from customers

127,154

134,927

Interest income (3)

19,261

21,200

Other income, net

—

170

Total revenue

$

146,415

$

156,297

(1) Included in the Company’s sales of VOIs and financing segment described in Note 12.

(2) Included in the Company’s resort operations and club management segment described in Note 12.

(3) Interest income of $19.1 million and $20.1 million for the three months ended March 31, 2021 and 2020, respectively, is included in the Company’s sales of VOIs and financing segment described in Note 12.

Please refer to Note 12: Segment Reporting below for more details related to the Company’s segments.