Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Details)

v3.21.2
Segment Reporting (Details)
$ in Thousands
 3 Months Ended 6 Months Ended
Jun. 30, 2021
USD ($)
Jun. 30, 2020
USD ($)
Jun. 30, 2021
USD ($)
segment
Jun. 30, 2020
USD ($)
Segment Reporting Information [Line Items]        
Total revenues $ 173,424 $ 48,452 $ 300,578 $ 183,379
Interest income 19,595 19,418 38,856 40,618
Other income, net 439 355 278 525
Total revenues 193,458 68,225 339,712 224,522
Selling, general and administrative expenses 114,786 49,820 205,750 160,305
Interest expense 8,876 9,558 18,611 19,456
Total costs and expenses 161,885 90,801 301,446 256,114
Income (loss) before income taxes 31,573 (22,576) $ 38,266 (31,592)
Add: Severance   2,200   6,700
Number of reportable segments | segment     2  
Corporate Expenses & Other [Member]        
Segment Reporting Information [Line Items]        
Interest income 57 1,228 $ 190 3,480
Other income, net 439 355 278 525
Total revenues 496 1,583 468 4,005
Selling, general and administrative expenses 19,678 18,055 45,146 45,577
Interest expense 4,969 6,258 10,541 12,692
Total costs and expenses 24,647 24,313 55,687 58,269
Income (loss) before income taxes (24,151) (22,730) (55,219) (54,264)
Eliminations [Member]        
Segment Reporting Information [Line Items]        
Interest income   (871)   (2,071)
Total revenues (1,270) (2,381) (2,581) (5,176)
Selling, general and administrative expenses (168) (564) (326) (739)
Mortgage servicing expense (1,102) (946) (2,255) (2,366)
Interest expense   (871)   (2,071)
Total costs and expenses (1,270) (2,381) (2,581) (5,176)
Sales Of VOIs And Financing [Member]        
Segment Reporting Information [Line Items]        
Total revenues   9,054    
Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues   9,054    
Interest income 19,538 19,061 38,666 39,209
Total revenues 151,101 32,109 255,463 143,068
Selling, general and administrative expenses 95,276 32,329 160,930 115,467
Mortgage servicing expense 1,102 946 2,255 2,366
Interest expense 3,907 4,171 8,070 8,835
Total costs and expenses 114,211 50,116 198,842 152,821
Income (loss) before income taxes 36,890 (18,007) 56,621 (9,753)
Add: Depreciation and amortization 1,430 1,483 2,835 3,042
Add: Severance   1,206 59,456 3,769
Segment Adjusted EBITDA 38,320 (15,318)   (2,942)
Resort Operations And Club Management [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 43,131 36,914 86,362 82,625
Total costs and expenses 24,297 18,753 49,498 50,200
Income (loss) before income taxes 18,834 18,161 36,864 32,425
Add: Depreciation and amortization 200 190 395 380
Add: Severance   99 37,259 1,233
Segment Adjusted EBITDA 19,034 18,450   34,038
Sales of VOIs [Member]        
Segment Reporting Information [Line Items]        
Total revenues 91,812 9,054 147,743 54,182
Interest income     38,700 39,200
Total costs and expenses 7,024 1,038 12,193 5,137
Sales of VOIs [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 91,812   147,743 54,182
Total costs and expenses 7,024 1,038 12,193 5,137
Fee-Based Sales Commission Revenue [Member]        
Segment Reporting Information [Line Items]        
Total revenues 35,618 1,135 61,336 42,500
Fee-Based Sales Commission Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 35,618 1,135 61,336 42,500
Other Fee-Based Services Revenue [Member]        
Segment Reporting Information [Line Items]        
Total revenues 30,442 26,413 59,339 55,727
Total costs and expenses 15,647 18,535 32,732 40,246
Other Fee-Based Services Revenue [Member] | Eliminations [Member]        
Segment Reporting Information [Line Items]        
Total costs and expenses 6,118 10,913 13,891 18,827
Other Fee-Based Services Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 2,863 1,349 5,137 4,072
Total costs and expenses 784 719 1,503 2,189
Other Fee-Based Services Revenue [Member] | Resort Operations And Club Management [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 27,579 25,064 54,202 51,655
Total costs and expenses 8,745 6,903 17,338 19,230
Net Carrying Cost Of VOI Inventory [Member] | Eliminations [Member]        
Segment Reporting Information [Line Items]        
Total costs and expenses (6,118) (10,913) (13,891) (18,827)
Net Carrying Cost Of VOI Inventory [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total costs and expenses 6,118 10,913 13,891 18,827
Cost Reimbursements [Member]        
Segment Reporting Information [Line Items]        
Total revenues 15,552 11,850 32,160 30,970
Total costs and expenses 15,552 11,850 32,160 30,970
Cost Reimbursements [Member] | Resort Operations And Club Management [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues 15,552 11,850 32,160 30,970
Total costs and expenses 15,552 11,850 32,160 30,970
Mortgage Servicing Revenue [Member] | Eliminations [Member]        
Segment Reporting Information [Line Items]        
Total revenues (1,270) (1,510) (2,581) (3,105)
Mortgage Servicing Revenue [Member] | Sales Of VOIs And Financing [Member] | Reportable Segments [Member]        
Segment Reporting Information [Line Items]        
Total revenues $ 1,270 $ 1,510 $ 2,581 $ 3,105