Quarterly report pursuant to Section 13 or 15(d)

Segment Reporting (Details)

v3.22.1
Segment Reporting (Details) - USD ($)
3 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Segment Reporting Information [Line Items]    
Total revenues $ 172,383,000 $ 127,154,000
Other income, net 548,000  
Total revenues 195,129,000 146,415,000
General and administrative (119,302,000) (90,964,000)
Other income (expense), net   161,000
Interest income (other than interest earned on VOI notes receivable) 22,198,000 19,261,000
Interest expense - corporate (7,759,000) (9,735,000)
Provision for income taxes 6,190,000 1,189,000
Net income 19,208,000 5,504,000
Net income attributable to BFC 15,988,000 2,974,000
General And Adminitrative Expense Of Share-Based Compensation 700,000 0
Total costs and expenses 169,731,000 139,722,000
Income before income taxes 25,398,000 6,693,000
Reportable Segments [Member]    
Segment Reporting Information [Line Items]    
Total revenues 195,780,000 147,593,000
Segment Adjusted EBITDA [1] 56,284,000 39,361,000
General and administrative [2] (25,300,000) (25,467,000)
Depreciation and amortization (1,832,000) (1,601,000)
Other income (expense), net 548,000 (161,000)
Interest income (other than interest earned on VOI notes receivable) 62,000 133,000
Interest expense - corporate (4,364,000) (5,572,000)
Provision for income taxes (6,190,000) (1,189,000)
Net income 19,208,000 5,504,000
Less: Net income attributable to Non-controlling interests (3,220,000) (2,530,000)
Net income attributable to BFC 15,988,000 2,974,000
Corporate Expenses & Other [Member]    
Segment Reporting Information [Line Items]    
Total revenues 610,000 133,000
Eliminations [Member]    
Segment Reporting Information [Line Items]    
Total revenues (1,261,000) (1,311,000)
Sales Of VOIs And Financing [Member] | Reportable Segments [Member]    
Segment Reporting Information [Line Items]    
Total revenues 149,591,000 104,362,000
Segment Adjusted EBITDA [1] 35,733,000 21,128,000
Resort Operations And Club Management [Member] | Reportable Segments [Member]    
Segment Reporting Information [Line Items]    
Total revenues 28,125,000 26,623,000
Segment Adjusted EBITDA [1] 20,551,000 18,233,000
Sales of VOIs [Member]    
Segment Reporting Information [Line Items]    
Total revenues 99,028,000 55,931,000
Interest income (other than interest earned on VOI notes receivable) 22,100,000 19,100,000
Fee-Based Sales Commission Revenue [Member]    
Segment Reporting Information [Line Items]    
Total revenues 24,084,000 25,718,000
Other Fee-Based Services Revenue [Member]    
Segment Reporting Information [Line Items]    
Total revenues 31,207,000 28,897,000
Total costs and expenses 12,765,000 17,085,000
Cost Reimbursements [Member]    
Segment Reporting Information [Line Items]    
Total revenues 18,064,000 16,608,000
Total costs and expenses 18,064,000 16,608,000
Cost Reimbursements [Member] | Reportable Segments [Member]    
Segment Reporting Information [Line Items]    
Total revenues $ 18,064,000 $ 16,608,000
[1] See Management’s Discussion and Analysis of Financial Condition and Results of Operations for information regarding AdjustedEBITDA, including the definition of Adjusted EBITDA.
[2] Included in general and administrative expenses for the three months ended Mach 31, 2022 is $0.7 million of share-based compensation. There was no share-based compensation during the three months ended March 31, 2021.