|6 Months Ended|
Jun. 30, 2021
|Common Stock [Abstract]|
|Common Stock|| 10. Common Stock Stock Incentive Plans At the Company’s Annual Meeting of Shareholders held on July 21, 2021, the Company’s shareholders approved the Bluegreen Vacations Holding Corporation 2021 Incentive Plan (the “Plan”), which allows for the issuance of up to 2,000,000 shares of the Company’s Class A Common Stock pursuant to restricted stock awards and options which may be granted under the Plan. The Plan also permits for the grant of performance-based cash awards. On June 3, 2021, the Compensation Committee of the Company’s Board of Directors approved the grant of 468,439 restricted shares of the Company’s Class A Common Stock to certain executive officers and employees under the Plan. After giving effect to those awards, 1,531,561 shares of Class A Common Stock remained available for grant under the Plan as of June 30, 2021. The Company accounts for compensation cost for unvested restricted stock awards based on the fair value of the award on the measurement date, which is generally the grant date, and is recognized on a straight-line basis over the requisite service period of the award, with forfeitures recognized as incurred. The aggregate grant date fair value of the awards granted in June 2021 was $9.7 million. 275,939 of the shares granted cliff vest in 4 years, or June 3, 2025, and 192,500 shares cliff vest in 10 years, or June 3, 2031. During the three and six months ended June 30, 2021, the Company recognized $0.2 million of share-based compensation expense in connection with these restricted awards and, as of June 30, 2021, restricted share expense of approximately $9.5 million remained unamortized. Earnings per Share During the three and six months ended June 30, 2021, 234,220 shares and 58,555 shares, respectively, of unvested restricted stock awards were excluded from the computation of diluted earnings per share as the shares were antidilutive under the treasury stock method. During the three and six months ended June 30, 2020, 1,016,981 shares of unvested restricted stock awards were excluded from the computation of diluted earnings per share for the period as the shares were antidilutive due to a loss for the period.|
The entire disclosure for share-based payment arrangement.
Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef