Condensed Consolidated Statements of Operations (UNAUDITED) - USD ($)		3 Months Ended		9 Months Ended
		Sep. 30, 2018	Sep. 30, 2017	Sep. 30, 2018	Sep. 30, 2017
Revenues
Total revenues		$ 427,000,000	$ 426,000,000	$ 1,357,000,000	$ 1,264,000,000
Expenses
General and administrative		31,000,000	23,000,000	84,000,000	75,000,000
Depreciation and amortization		9,000,000	7,000,000	25,000,000	21,000,000
Total operating expenses		364,000,000	350,000,000	1,092,000,000	1,014,000,000
Gain on foreign currency transactions			1,000,000		1,000,000
Interest expense		(7,000,000)	(7,000,000)	(22,000,000)	(21,000,000)
Equity in earnings from unconsolidated affiliates		1,000,000	1,000,000		1,000,000
Other loss		(1,000,000)		(1,000,000)
Income before income taxes		56,000,000	71,000,000	242,000,000	231,000,000
Income tax expense		(15,000,000)	(28,000,000)	(64,000,000)	(87,000,000)
Net income	[1]	$ 40,533,279	$ 42,700,978	$ 177,564,538	$ 143,742,500
Earnings per share:
Basic		$ 0.42	$ 0.43	$ 1.82	$ 1.45
Diluted		$ 0.42	$ 0.43	$ 1.81	$ 1.44
Sales of VOIs, Net
Revenues
Total revenues		$ 99,000,000	$ 145,000,000	$ 427,000,000	$ 406,000,000
Sales, Marketing, Brand and Other Fees
Revenues
Total revenues		152,000,000	127,000,000	423,000,000	401,000,000
Financing
Revenues
Total revenues		40,000,000	38,000,000	117,000,000	109,000,000
Expenses
Expenses		12,000,000	11,000,000	35,000,000	32,000,000
Resort and Club Management
Revenues
Total revenues		40,000,000	37,000,000	116,000,000	108,000,000
Expenses
Expenses		11,000,000	12,000,000	33,000,000	32,000,000
Rental and Ancillary Services
Revenues
Total revenues		60,000,000	45,000,000	164,000,000	138,000,000
Expenses
Expenses		37,000,000	30,000,000	95,000,000	88,000,000
Cost Reimbursements
Revenues
Total revenues		36,000,000	34,000,000	110,000,000	102,000,000
Expenses
Expenses		36,000,000	34,000,000	110,000,000	102,000,000
Cost of VOI Sales
Expenses
Expenses		29,000,000	40,000,000	109,000,000	107,000,000
Sales and Marketing
Expenses
Expenses		174,000,000	171,000,000	528,000,000	492,000,000
License Fee Expense
Expenses
Expenses		$ 25,000,000	$ 22,000,000	$ 73,000,000	$ 65,000,000

[1] Net income for the three months ended September 30, 2018 and 2017 was $40,533,279 and $42,700,978, respectively, and for the nine months ended September 30, 2018 and 2017 was $177,564,538 and $143,742,500, respectively.